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  • #702,181
  • Oct 3, 2012 12:44pm Oct 3, 2012 12:44pm
Quoting pawpaw1000
You won't learn anything in this forum...
why dude ....
  • #702,182
  • Oct 3, 2012 12:45pm Oct 3, 2012 12:45pm
After 2h30 of trending range EU finally decided to resume the move.

Quoting marcof91
Arghh!!! F#%@ing range!
Work smarter,not harder
  • #702,183
  • Oct 3, 2012 12:45pm Oct 3, 2012 12:45pm
Quoting attila
You simply can not start trading knowing the rent is due, or the kids need shoes.. It will never work. You will lose the little you have.. You need to be pretty well capitalized for this (if only to survive the learning curve).. This is a very expensive game... I did lose tens of thousands at first, and still am, now and then.. If you want to make hundreds you have to risk hundreds, if you want to make thousands, you have to risk thousands.. and so on..
absolutely
  • #702,184
  • Oct 3, 2012 12:46pm Oct 3, 2012 12:46pm
Quoting DifferTrader
why dude ....
Blind leading the blind...

have a look at the joining date of all the traders who post here. Most will be less than 2 years and 99% of them aren't trading for a living or even live large accounts.

You will learn something, how to lose...
@pawpaw1000 on Twitter
  • #702,185
  • Oct 3, 2012 12:47pm Oct 3, 2012 12:47pm
Is there anybody following the USOIL? Can you share your opinions about it?
  • #702,186
  • Oct 3, 2012 12:47pm Oct 3, 2012 12:47pm
Quoting DifferTrader
why dude ....
because every new poster comes here as a teacher before becoming a student.................................. that's why.

Coming here as a student doesn't always work.
The Thief of Wall Street
  • #702,187
  • Oct 3, 2012 12:50pm Oct 3, 2012 12:50pm
Quoting Chicky
becasue every new poster comes here as a teacher before becoming a student.................................. that's why.

Coming here as a student doesn't always work.
you are nearly always right but 10 year screentime is more then enough to start making dreams come true

ps how do you know ...
  • #702,188
  • Oct 3, 2012 12:52pm Oct 3, 2012 12:52pm
Quoting DifferTrader
Doing That In This Forum With U Guyz....
This is not a place where you will learn how to trade.
Most people started on their own, no by following calls or charts from anyone in this forum.

First of all, try to find your own style....with time you will find it. Then learn everything you can find about it.
For example, myselft, i trade pure PA and volume so i've checked every websites about it, every forums to learn more about it.

It's not an easy road i must admit, but if you don't give up you will make it mate
COT: The precious data ignored
  • #702,189
  • Oct 3, 2012 12:52pm Oct 3, 2012 12:52pm
Quoting attila
You simply can not start trading knowing the rent is due, or the kids need shoes.. It will never work. You will lose the little you have.. You need to be pretty well capitalized for this (if only to survive the learning curve).. This is a very expensive game... I did lose tens of thousands at first, and still am, now and then.. If you want to make hundreds you have to risk hundreds, if you want to make thousands, you have to risk thousands.. and so on..
I somewhat agree, but you can make 1000 in a day risking 100. Hell once you win the first trade, you can double it up if you want.

Example, risk $100 (10 pips) to make a 10 pip scalp with the trend. Now you have $100 profit for the day, double the lots and make another scalp with a 10 pip stop loss, if you lose you will end up with net -$100 for the day just like normal. If you win 10 pips there you are up to $300 for the day. Now you can risk $400 on 10 pips, and if you win 10 pips there you made $400, and are up to $700 for the day. I think you see the point, only 30 pips made and only 10 pips risked, but you can still make a very good profit.


And these 10 pip profits are just minimums (hard profits), if you scalp with the trend 10 pips is no problem and 20 pips is far more likely before profit taking/the next dip begins


Anyway, my point is only that you dont have to risk thousands to make thousands. Imagine the scenario I just laid out when you actually catch the bulk of the trend (minimum 40-50 pips). Lots of profit, you just have to add to leverage on each pullback

If you are a good enough trader you can turn $100 into $100,000 inside a year... hell even quicker, potential in this business is unlimited (until your orders start slipping the market by themself, then you have to be realistic with your % gains and losses, aka 100s of millions..)

You have to be damn good though.
Be hopeful in a winning position, and fearful in a losing position.
  • #702,190
  • Oct 3, 2012 12:54pm Oct 3, 2012 12:54pm
Now, there are solid upticks above 1.29.

Likely may be just range trading though.
They think they are smarter than I am.
  • #702,191
  • Oct 3, 2012 12:56pm Oct 3, 2012 12:56pm
Maybe.. that excel spread sheet we all had at one point never worked for me..
Quoting Rag2RichesFX
I somewhat agree, but you can make 1000 in a day risking 100. Hell once you win the first trade, you can double it up if you want.

Example, risk $100 (10 pips) to make a 10 pip scalp with the trend. Now you have $100 profit for the day, double the lots and make another scalp with a 10 pip stop loss, if you lose you will end up with net -$100 for the day just like normal. If you win 10 pips there you are up to $300 for the day. Now you can risk $400 on 10 pips, and if you win 10 pips there you made $400, and are up to $700 for the day. I think...
  • #702,192
  • Oct 3, 2012 12:58pm Oct 3, 2012 12:58pm
Quoting pawpaw1000
Blind leading the blind...

have a look at the joining date of all the traders who post here. Most will be less than 2 years and 99% of them aren't trading for a living or even live large accounts.

You will learn something, how to lose...
the blind leading the blind if you do not know what the masters are sayingnaked traders friends
  • #702,193
  • Oct 3, 2012 12:59pm Oct 3, 2012 12:59pm
Quoting attila
You simply can not start trading knowing the rent is due, or the kids need shoes.. It will never work. You will lose the little you have.. You need to be pretty well capitalized for this (if only to survive the learning curve).. This is a very expensive game... I did lose tens of thousands at first, and still am, now and then.. If you want to make hundreds you have to risk hundreds, if you want to make thousands, you have to risk thousands.. and so on..
Whatever dude

I turned a $50 account into $5,000,000 in a year with 400:1 leverage

Doesnt everyone?

  • #702,194
  • Oct 3, 2012 12:59pm Oct 3, 2012 12:59pm
What do you guys think. Do we hit the main pivot 1.29188 or do we hit the middle pivot 1.28949 Right now I am betting we hit the middle pivot first.
Attached Image (click to enlarge)
Click to Enlarge Name: middle.JPG Size: 133 KB
He who guess is LOST!
  • #702,195
  • Oct 3, 2012 1:02pm Oct 3, 2012 1:02pm
Quoting mactrader9
the blind leading the blind if you do not know what the masters are sayingnaked traders friends
So the you are on the wrong side of the trade
  • #702,196
  • Oct 3, 2012 1:02pm Oct 3, 2012 1:02pm
Quoting Z3iz3i
Now, there are solid upticks above 1.29.

Likely may be just range trading though.
No way going to mess with this right now..
Be hopeful in a winning position, and fearful in a losing position.
  • #702,197
  • Oct 3, 2012 1:03pm Oct 3, 2012 1:03pm
Quoting Wulfgar
Whatever dude

I turned a $50 account into $5,000,000 in a year with 400:1 leverage

Doesnt everyone?

How's going wulf? how's cali?
  • #702,198
  • Oct 3, 2012 1:03pm Oct 3, 2012 1:03pm
Quoting Rag2RichesFX
I somewhat agree, but you can make 1000 in a day risking 100. Hell once you win the first trade, you can double it up if you want.

Example, risk $100 (10 pips) to make a 10 pip scalp with the trend. Now you have $100 profit for the day, double the lots and make another scalp with a 10 pip stop loss, if you lose you will end up with net -$100 for the day just like normal. If you win 10 pips there you are up to $300 for the day. Now you can risk $400 on 10 pips, and if you win 10 pips there you made $400, and are up to $700 for the day. I think...
Agreed. I think what you deposit is what you inturn earn. Since I have been here, I have yet to have over 5k in my account. Only because I withdraw daily. Yet if I deposited 5k, you best believe I would be earning around the same amount daily. Some of us treat forex as extra income (INVESTORS) while others treat it as their only source of income (ME) I really think once you find your niche this will seem like a cake walk. Until then, it will seem like a 50 50 shot of winning.
He who guess is LOST!
  • #702,199
  • Oct 3, 2012 1:03pm Oct 3, 2012 1:03pm
Quoting mactrader9
So the you are on the wrong side of the trade
Succes to you all here these upcoming 2 Days
  • #702,200
  • Oct 3, 2012 1:05pm Oct 3, 2012 1:05pm
Hi All, this is my first post but i have been looking at this forum for a while now, i have been on Demo for almost 2 years now, out of five demo accounts i only managed to blow-up one, in the rest i was so good so i decided to open a live one and i have. Hope this will work
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