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  • #633,481
  • Apr 25, 2012 11:46pm Apr 25, 2012 11:46pm
Quoting KillerWhale
And what you should do:

Make 1.35% profit per WEEK. That's not too hard.
The result: your capital doubles in 1 year.
And do that 10 times
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,482
  • Apr 25, 2012 11:51pm Apr 25, 2012 11:51pm
Quoting KillerWhale
And do that 10 times
I have already done that 7 times.................. the only issue is that it first goes down 50% and then doubles back to 100%. That means even if I am twice as good as I am bad, cannot make money.
The Thief of Wall Street
  • #633,483
  • Apr 25, 2012 11:53pm Apr 25, 2012 11:53pm
Quoting KillerWhale
And what you should do:

Make 1.35% profit per WEEK. That's not too hard.
The result: your capital doubles in 1 year.
start a business is easy but stay consistently Profits is hard,
merid Is easy but stay faithfully till died also hard,
buy a mercedes is easy but feed maintain the car well is hard also

the human nature never change and this cycle would never end,we need truly discovery ourself In this life In order to achieve the meaning of life


need to sleep now,talk later..c ya mate
If there was easy money lying around,no one would be forcing it into your
  • #633,484
  • Apr 25, 2012 11:57pm Apr 25, 2012 11:57pm
Quoting KillerWhale
Good
What you reckon bro everything I looking at looks like major sell off due all ladies, I would prefer 1st of May but they is just seeming to struggle top of zones as before, as long they dont make new highs them, I see them is struggling been scalp rr1/1 all day in and out, been doing ok, leaving runners, you think brit will get show on the road, they been a bit slack lately, this to me is players is tring to sueeze absolute best price, normally sideways send me crazy, but we have revert to scalping, so sideways is good, but i do prefer train rides
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  • #633,485
  • Apr 26, 2012 12:05am Apr 26, 2012 12:05am
Quoting Bull_Bear
Only 2 possible senarios, Keep it Simple!
what a beautiful chart "except," lets not waste time with little M and just is fall over
If you are new to Forex? Say Goodbye to your account!!
  • #633,486
  • Apr 26, 2012 12:13am Apr 26, 2012 12:13am
Quoting FXMindset
start a business is easy but stay consistently Profits is hard,
merid Is easy but stay faithfully till died also hard,
buy a mercedes is easy but feed maintain the car well is hard also

the human nature never change and this cycle would never end,we need truly discovery ourself In this life In order to achieve the meaning of life


need to sleep now,talk later..c ya mate
If you do the best you can, and take all the hours you need in a week................... Can you make $135 profit out of a $10,000 balance?

Or $13.50 out of a $1000 balance?

Really that is all you need.

In a week time
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,487
  • Apr 26, 2012 12:19am Apr 26, 2012 12:19am
Quoting Chicky
Its good that there is a resistance over here. I like it and so do my shorts.

If you fellows want, I can take it to 1.3280 and above. Just let me know when you want it. I have proven and unbeaten method of moving the price in the direction you want.

You can always ask me more about this method.
I like the way you put it.
  • #633,488
  • Apr 26, 2012 12:20am Apr 26, 2012 12:20am
Quoting KillerWhale
If you do the best you can, and take all the hours you need in a week................... Can you make $135 profit out of a $10,000 balance?

Or $13.50 out of a $1000 balance?

Really that is all you need.


I use myfxbook as my trading journal and also help to track my daily, weekly, monthly and yearly goals.

Basically my goals are as follows:

Daily = 0.5% of capital gain
Weekly = 2.5% of capital gain (x5 of daily)
Monthly = 10% of capital gain (x4 of weekly)
Yearly = 120% of capital gain (x12 of monthly)

It's similar to setting Key Performance Indicators in the Corporate World where achieving targets that are set before hand drives motivation for employees.

I feel more and more motivated seeing my goals are close to being achieved / had been achieved.

Overall, since I started trading I'm still USD 3500 in the red (out of 5 busted accounts - totalling about USD 6000). My current stint since last September has helped me recoup up to USD 2500 in 7 months trading.

Having targets help motivate you (hopefully in the right manner). I've already achieved my weekly target this week with 4 trades in the Monday and Tuesday this week. Now any additional position I make is just icing on the cake.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #633,489
  • Apr 26, 2012 12:32am Apr 26, 2012 12:32am
well if you allow me to say something about that,
i started big hoping to become a millionair, initially i startede with $3,000 increased it to $12,000 then lost all. got overwhelmed by this market and invested $50,000 well you know the rest of the story i lost all in less than 3 months.

after that, i came back to reality, the real life, i am working all the month to get around 10,000 in my regular job so how if i could get additional 4000 only to cover my expenses.

i set up a target profit (not pips as people sometimes mention) around 200 per day and thats it.

things are going lovely these days and i do not regret the big loss i had.

if i can maintain this 200/day thats it you will feel the benifit of this market at the end of each month. with extra 4000 and you are on your way to recover and to build a new way to your life.
Forex will make you loose but you will stay gambling
  • #633,490
  • Apr 26, 2012 12:45am Apr 26, 2012 12:45am
Quoting rafiqhidayat


I use myfxbook as my trading journal and also help to track my daily, weekly, monthly and yearly goals.

Basically my goals are as follows:

Daily = 0.5% of capital gain
Weekly = 2.5% of capital gain (x5 of daily)
Monthly = 10% of capital gain (x4 of weekly)
Yearly = 120% of capital gain (x12 of monthly)

It's similar to setting Key Performance Indicators in the Corporate World where achieving targets that are set before hand drives motivation for employees.

I feel more and more motivated seeing my goals are close to...
Yeah... But the rules have to be clear...
If the target is achieve in less than 2 hrs, I think it is more like gambling.
Conditions is that, target hit must not be met by a sudden big drop/increase (have to remove this profit if it happen towards the calculation). It must be accumulative (it will train you to be patience)
$100 capital will be a good start if the broker you choose can allow you to trade as small as 50 units.
The above applies to newbies like myself. Of course it does not applies to seniors who knows what they are looking at.
  • #633,491
  • Apr 26, 2012 12:51am Apr 26, 2012 12:51am
Quoting rafiqhidayat


I use myfxbook as my trading journal and also help to track my daily, weekly, monthly and yearly goals.

Basically my goals are as follows:

Daily = 0.5% of capital gain
Weekly = 2.5% of capital gain (x5 of daily)
Monthly = 10% of capital gain (x4 of weekly)
Yearly = 120% of capital gain (x12 of monthly)

It's similar to setting Key Performance Indicators in the Corporate World where achieving targets that are set before hand drives motivation for employees.

I feel more and more motivated seeing my goals are close to being achieved...

The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages. Reminiscences of a Stock Operator
The Thief of Wall Street
  • #633,492
  • Apr 26, 2012 12:55am Apr 26, 2012 12:55am
Quoting rafiqhidayat


I use myfxbook as my trading journal and also help to track my daily, weekly, monthly and yearly goals.

Basically my goals are as follows:

Daily = 0.5% of capital gain
Weekly = 2.5% of capital gain (x5 of daily)
Monthly = 10% of capital gain (x4 of weekly)
Yearly = 120% of capital gain (x12 of monthly)

It's similar to setting Key Performance Indicators in the Corporate World where achieving targets that are set before hand drives motivation for employees.

I feel more and more motivated seeing my goals are close to being achieved...
Corporate KPI Policy is in reality a fallacy, when you consider the cost of development, implimentation and then maitanence, add it stringent H&S, govt & regeonal regulations, the overall cost out weigh the positive outcomes, especially when you consider white elephant non productive govt interference
Not get me wrong, KPI system does work, but it has to be kept in perspectice cost v outcome, I like you mm and agree losing is the greatest teacher, anyone who say they s never lost in this busines is full BS,

Stick to your plan bro, every journey bigins with 1 step, followed by many single steps, key is to keep eyeball on next step only never never look to destination, in reality destination is always changing, next step isnt
If you are new to Forex? Say Goodbye to your account!!
  • #633,493
  • Apr 26, 2012 12:59am Apr 26, 2012 12:59am
GM all
  • #633,494
  • Apr 26, 2012 1:01am Apr 26, 2012 1:01am
MORNING

Rat is out of her Long.
Although PA is bullish day trading wise
we are in a range have
been for 13 odd weeks now
13490 to 12980 so there is more
potential to the upside but Ill wait for the
London Open see how price develops.

if it starts breaking under 132 10 then shorts on the cards
if it starts going over 132 30 then longs on the cards


also to note there is a resistance at 13231 & monthly pivot & 13248 & 13287 so there is some traffic for
price to plough through on the upside.
rat
  • #633,495
  • Apr 26, 2012 1:01am Apr 26, 2012 1:01am
i have sell aussie would like d a little higher but i have selld her
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  • #633,496
  • Apr 26, 2012 1:04am Apr 26, 2012 1:04am
Quoting KiwiTrada
i have sell aussie would like d a little higher but i have selld her
fuk requotes

fill 0379 sl 0389 tp heaps
If you are new to Forex? Say Goodbye to your account!!
  • #633,497
  • Apr 26, 2012 1:06am Apr 26, 2012 1:06am
Quoting KiwiTrada
fuk requotes

fill 0379 sl 0389 tp heaps
probably easier to trade than euro this am IMO
rat
  • #633,498
  • Apr 26, 2012 1:16am Apr 26, 2012 1:16am
Booring i would like to see some move now
  • #633,499
  • Apr 26, 2012 1:20am Apr 26, 2012 1:20am
Quoting rattyo
probably easier to trade than euro this am IMO
Yes agreed, i am building ladies, but kiwi and aussie is hard to get fills, they at nice resist, but still above todays open, so a bit worrying, but too juicy to ignored
If you are new to Forex? Say Goodbye to your account!!
  • #633,500
  • Apr 26, 2012 1:24am Apr 26, 2012 1:24am
bulls..........generating serious pull, above 3240 shows further upside move
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