Genesis Matrix Trading | Page 172 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #3,421
  • Aug 31, 2012 2:22am Aug 31, 2012 2:22am
Quoting realjumper
Try opening a small account for $100 and just make little trades on that account. That will help restore your confidence and any losses will be small losses.
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system
  • #3,422
  • Aug 31, 2012 2:30am Aug 31, 2012 2:30am
Quoting braciola
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system
Very sad to hear that. What I was trying to say though, is that the 'fear of pulling the trigger' can see many trades pass you by. It can also lead you to entering a trade late....very late.....too late.....and then another loss comes. Then it is harder again to pull the next time, and the vicious circle continues.

If you spend just $100 and a month of time, your confidence should be really good because the losses will not amount to more than $100. If you can turn that $100 into (say) $150 in month.....then your confidence should be sky high and you are ready to resume trading on a larger account.

It's just $100 and one month......that's nothing, right?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,423
  • Aug 31, 2012 2:32am Aug 31, 2012 2:32am
Quoting braciola
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system
WOW !!! i would say you have a severe problem, and should not fund any accounts until you make profits in demo mode.
  • #3,424
  • Aug 31, 2012 2:48am Aug 31, 2012 2:48am
Quoting braciola
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system
Braciola, follow the RJ's advice. I was in similar condition a it saved me and the rest of my capital. You will gain confidence and after nobody will stop you, you will see you account grow "come i peli sul petto" (like the hair on your chest)
  • #3,425
  • Aug 31, 2012 2:56am Aug 31, 2012 2:56am
Hey Girls and Guys!

How will you trade the Bernanke speech? The price can spike substantially, will you wait couple of mins before entering?

Good luck Today
  • #3,426
  • Aug 31, 2012 3:06am Aug 31, 2012 3:06am
Quoting braciola
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system
Aggree with others, trade small for a while, than raise slowly. You can do it! One day at a time, one trade at a time.
  • #3,427
  • Edited 3:15am Aug 31, 2012 3:07am | Edited 3:15am
Quoting vamtop
"come i peli sul petto" (like the hair on your chest)
En español........tu cuenta bancaria va a crecer como pasto!

Your bank account will grow like the grass
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,428
  • Aug 31, 2012 3:07am Aug 31, 2012 3:07am
Quoting braciola
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system
Braciola,

follow RJ's advise. The system is important but the "dark side" of this business (psychology) is as important as the technical skills or more.

Believe me, if you can't stick the rules, acquire confidence and have success with a 100$ account what do you think will happen with a bigger one?

ciao

wiz3003
You control how you trade; the market controls how and when you'll get paid
  • #3,429
  • Aug 31, 2012 3:09am Aug 31, 2012 3:09am
Quoting ForexNerds
Hey Girls and Guys!

How will you trade the Bernanke speech? The price can spike substantially, will you wait couple of mins before entering?

Good luck Today
Have to wait and see how it plays out, but I would think that it would be prudent to wait 5 minutes to see what happens. There could e some violent spikes so best to keep safe and let the dust settle....imo
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,430
  • Aug 31, 2012 3:11am Aug 31, 2012 3:11am
Quoting realjumper
Kelly........I thought you abandoned me........*sob*.......
I warned you .... but you like to live on the edge
Let me know if I can help with so many gentle girls.
You control how you trade; the market controls how and when you'll get paid
  • #3,431
  • Aug 31, 2012 3:13am Aug 31, 2012 3:13am
Quoting wiz3003
I warned you .... but you like to live on the edge
Let me know if I can help with so many gentle girls.
You'll be the first person I call......but don't wait by the phone!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,432
  • Aug 31, 2012 3:18am Aug 31, 2012 3:18am
Quoting realjumper
Have to wait and see how it plays out, but I would think that it would be prudent to wait 5 minutes to see what happens. There could e some violent spikes so best to keep safe and let the dust settle....imo
Thanks RJ!
  • #3,433
  • Aug 31, 2012 3:18am Aug 31, 2012 3:18am
Quoting braciola
thanks for the advice but after burning $ 200,000 or more difficult to open an account at 100.
It cost me a divorce from my wife forex but I want to learn well this system

After many years of Trading with all that should belonging to I would say the turn came when I understand that I have to become an expert with the Indis I would like to trade.It doesn't matter which the Indis are or maybe naked but study,study and again study your tools till you get confident and see something (in the the behaviour of your Indis) that happens most of the time .Then you have an edge and the psychology will come right around the corner .

All the best.The way it's worth to go .
Greeds Zack
  • #3,434
  • Aug 31, 2012 3:20am Aug 31, 2012 3:20am
thanks to all
  • #3,435
  • Aug 31, 2012 3:25am Aug 31, 2012 3:25am
Quoting realjumper
You'll be the first person I call......but don't wait by the phone!!
be carefull .... this is overconfidence. You know what the consequences could be
You control how you trade; the market controls how and when you'll get paid
  • #3,436
  • Aug 31, 2012 3:25am Aug 31, 2012 3:25am
Quoting wiz3003
Braciola,

follow RJ's advise. The system is important but the "dark side" of this business (psychology) is as important as the technical skills or more.

Believe me, if you can't stick the rules, acquire confidence and have success with a 100$ account what do you think will happen with a bigger one?

ciao

wiz3003
An Italian is alway appreciated in the UK Oops sorry RJ.
  • #3,437
  • Aug 31, 2012 3:29am Aug 31, 2012 3:29am
Quoting ohammond
An Italian is alway appreciated in the UK Oops sorry RJ.
No problem Olivia.....Italy is the home of Ducati.....nothing more needs to be said!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,438
  • Aug 31, 2012 3:34am Aug 31, 2012 3:34am
Quoting realjumper
No problem Olivia.....Italy is the home of Ducati.....nothing more needs to be said!!
Typical man!
  • #3,439
  • Aug 31, 2012 3:35am Aug 31, 2012 3:35am
EJ M5

I was a bit distracted with something else so I missed out, but EJ (and CJ) both had a nice bounce off S1
Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 151 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,440
  • Aug 31, 2012 3:36am Aug 31, 2012 3:36am
Quoting ohammond
An Italian is alway appreciated in the UK Oops sorry RJ.
Olivia,

I am in the Frankfurt Airport and missed my plane due Lufthansa strike .... tell me a word and I jump on the first plane to London
You control how you trade; the market controls how and when you'll get paid
5 traders viewing now