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  • #774,441
  • Mar 19, 2013 6:34pm Mar 19, 2013 6:34pm
Quoting EuroTraderJD
WOW my friend you are blessed. I thought my Hot Mama was it but hell I stand corrected.

You know what they say if its got t*ts or tires (or pips) it is going to give you problems...

Yeah i seem to have more luck with the ladies than i do with my trading account. Its been a solid 2013 so far for me though after a slightly negative 2012.

Managed to ride the GBPUSD decline from 1.625 to 1.54 and a few other decent trades following on. Lost my first trade last week this year and gave back some of the money i made. However, so far so good.
Money never sleeps...
  • #774,442
  • Mar 19, 2013 6:39pm Mar 19, 2013 6:39pm
guys & gals
I am talking in general & not pointing anyone

when we have all winners this means we are acumulating the looses.
this can be by floating loss or with the way of trading. sometimes a trading system matches with MKT conditions & makes incredible profit. but when MKT changes system starts loosing but trader can not determine it as it was happened before & was rescued.

but this time MKT does not correct & keeps going other way. & all acumulated looses realized.

so better be on safe side

trade well.
walker.
  • #774,443
  • Mar 19, 2013 6:41pm Mar 19, 2013 6:41pm
Quoting inpatient
You do realise that if you continue with your progress and increase your lot size as a percentage of your balance you will be at $8 million in less than 18 months.

You should float yourself in New York, i sense an IPO

thats incredible, well done
LOL thank you.

My software does a projection based on daily % gains and projects out into the future what the account COULD be worth. I use it for encouragement and dreaming. Its just like long term weather forecast.

My goal is not to get rich trading but instead finish converting my software into a web based .NET app. Then its marketing time. My GF has an MBA and is currently studying Socal Media marketing. You never know maybe an IPO or a system that some big boys use.

Will always trade regardless of the outcome. It is my first love riches or not.
Trade smaller than rational because the market is irrational...
  • #774,444
  • Mar 19, 2013 6:43pm Mar 19, 2013 6:43pm
Quoting stevewalker
guys & gals
I am talking in general & not pointing anyone

when we have all winners this means we are acumulating the looses.
this can be by floating loss or with the way of trading. sometimes a trading system matches with MKT conditions & makes incredible profit. but when MKT changes system starts loosing but trader can not determine it as it was happened before & was rescued.

but this time MKT does not correct & keeps going other way. & all acumulated looses realized.

so better be on safe side

trade well.
walker.
AMEN Steve. You always have my deepest respect.

It is a good policy to always be on the safe side.

Speed and greed KILLS
Trade smaller than rational because the market is irrational...
  • #774,445
  • Mar 19, 2013 6:46pm Mar 19, 2013 6:46pm
MM is the trading "motor governor". I can only trade so big and at predefined levels to avoid price saturation. Like airplane instrumentation I have to trust it.

Too many analogies I know.
Trade smaller than rational because the market is irrational...
  • #774,446
  • Mar 19, 2013 6:47pm Mar 19, 2013 6:47pm
how much is it 69 -> 20k ? in % per day, i mean
"You're solid gold, see you in hell"
  • #774,447
  • Mar 19, 2013 6:48pm Mar 19, 2013 6:48pm
Hello.

I'm new here. Up or down? PLZZZZZZZZZ help!
Not all sins are created equal
  • #774,448
  • Mar 19, 2013 6:49pm Mar 19, 2013 6:49pm
he he
you are correct
TY bro
& good luck
Quoting EuroTraderJD
AMEN Steve. You always have my deepest respect.

It is a good policy to always be on the safe side.

Speed and greed KILLS
  • #774,449
  • Mar 19, 2013 6:50pm Mar 19, 2013 6:50pm
well come

Quoting Jay Walker
Hello.

I'm new here. Up or down? PLZZZZZZZZZ help!
  • #774,450
  • Mar 19, 2013 6:50pm Mar 19, 2013 6:50pm
Quoting Jay Walker
Hello.

I'm new here. Up or down? PLZZZZZZZZZ help!
range.
"You're solid gold, see you in hell"
  • #774,451
  • Mar 19, 2013 6:51pm Mar 19, 2013 6:51pm
Quoting Jay Walker
Hello.

I'm new here. Up or down? PLZZZZZZZZZ help!

"yes" and sometimes sideways
If you are new to Forex? Say Goodbye to your account!!
  • #774,452
  • Mar 19, 2013 6:55pm Mar 19, 2013 6:55pm
Quoting SugarPink
how much is it 69 -> 20k ? in % per day, i mean
There are days I dont trade so its not a realistic projection. Sometimes I am at a clients location or the market didnt offer enough volatility to get in (remember I have "spacer" levels kind of like air traffic control when keeping airplanes apart.

I try to get anywhere from 0.3% to 1.0% a day. There have been times I have gotten much more.

If you gain 5% a day your account doubles in 2 weeks. (UNREALISTIC and I will visit you in the graveyard of busted traders)

2% doubles every month or so

1% every 2 months.

As I have said about a billion times....Its a walk to wealth not a race to riches (ruin). I dont get dazzled by the projections.

The founder of the Turtles Richard Denis started with nothing and had over 200 million in the 1970s.

His secret was he didnt look at the money as money but instead as integers. It de sensitivities you to greed doing it that way.
Trade smaller than rational because the market is irrational...
  • #774,453
  • Mar 19, 2013 6:58pm Mar 19, 2013 6:58pm
Quoting EuroTraderJD

2% doubles every month or so

1% every 2 months.
I am quoting myself... that sounds perverse...


2% IMO is also unrealistic. It puts too much pressure to perform to some idioctic high standard. I take the market as it comes. Sometimes rain sometimes sun.
Trade smaller than rational because the market is irrational...
  • #774,454
  • Mar 19, 2013 6:59pm Mar 19, 2013 6:59pm
Quoting EuroTraderJD
There are days I dont trade so its not a realistic projection. Sometimes I am at a clients location or the market didnt offer enough volatility to get in (remember I have "spacer" levels kind of like air traffic control when keeping airplanes apart.

I try to get anywhere from 0.3% to 1.0% a day. There have been times I have gotten much more.

If you gain 5% a day your account doubles in 2 weeks. (UNREALISTIC and I will visit you in the graveyard of busted traders)

2% doubles every month or so

1% every 2 months.

As I have said about a billion...
I've thought about doing a similar 'strategy' of yours. But I won't do it with little capital :- p . I do want to get rich, fast :- p
"You're solid gold, see you in hell"
  • #774,455
  • Mar 19, 2013 7:03pm Mar 19, 2013 7:03pm
Well I am out of here for a while. Taking my nightly walk for miles out in the country. Its dark here on the east coast of the US and I am locked and loaded... no need to fear the dark when you have that other precious metal...LEAD and steel (KA BAR big brother knife)

Walking tt is good for the Body, and mind and therefore the soul.

I reflect upon the day's market action and what I did right or wrong. I also give give thanks to God for all the good I have received.

Appreciation is a powerful thing. Hell I even appreciate all of you. Even the doubters.

THOUGHTS BECOME THINGS.
Trade smaller than rational because the market is irrational...
  • #774,456
  • Mar 19, 2013 7:04pm Mar 19, 2013 7:04pm
Quoting Jay Walker
Hello.

I'm new here. Up or down? PLZZZZZZZZZ help!
I don't know who got control of my account there. Let me try.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2013-03-19 at 4.58.34 PM.png Size: 37 KB


The downtrend that begun the week of February 6th is being maintained after all. However, this day to day sideways movement may suddenly shoot on the upside if the situation in Cyprus is resolved without chaos.

The 1.3150 area on the upside is what I'm keeping an eye on. If the Cyprus government manages to defuse the situation by the time the bank holiday is over this coming Thursday, it may inspire confidence which would push the Euro up.

Nobody was talking about Cyprus last week and it's now become a hugely, precedent setting story. If chaos prevails, confidence could be undermined and would still look at a push below 1.2670.
Not all sins are created equal
  • #774,457
  • Mar 19, 2013 7:07pm Mar 19, 2013 7:07pm
Quoting SugarPink
I've thought about doing a similar 'strategy' of yours. But I won't do it with little capital :- p . I do want to get rich, fast :- p
SugarPink I love ya but you are better off to do it with little capital until you get you MM down pat. I blew up several accounts until I got it right. It took computer processing power.

Again I am not sure if you are joking but the get rich quick idea will devastate you as it did me until I learned I loved trading more than greed. With that mindset the money will come with a little patience.

The only one who will profit is the person on the other side of your trade.
Trade smaller than rational because the market is irrational...
  • #774,458
  • Mar 19, 2013 7:07pm Mar 19, 2013 7:07pm
Quoting EuroTraderJD
His secret was he didnt look at the money as money but instead as integers. It de sensitivities you to greed doing it that way.
Money is just how you keep score. I don't give a hoot about the money. I'm more impressed by someone showing me consistent return over a long period of time than someone getting lucky at the forex casino and getting a high return nearly overnight.
Not all sins are created equal
  • #774,459
  • Mar 19, 2013 7:08pm Mar 19, 2013 7:08pm
either they agree with EU or not
my guess it will trigger down.

I do not see a power to reverse it.
as US is in own discussion of how f cliff cuts will be handled.

Quoting Jay Walker
I don't know who got control of my account there. Let me try.

Attachment

The downtrend that begun the week of February 6th is being maintained after all. However, this day to day sideways movement may suddenly shoot on the upside if the situation in Cyprus is resolved without chaos.

The 1.3150 area on the upside is what I'm keeping an eye on. If the Cyprus government manages to defuse the situation by the time the bank holiday is over this coming Thursday, it may inspire confidence which would push the Euro up.

Nobody...
  • #774,460
  • Mar 19, 2013 7:08pm Mar 19, 2013 7:08pm
Quoting Jay Walker
I don't know who got control of my account there. Let me try.

Attachment

The downtrend that begun the week of February 6th is being maintained after all. However, this day to day sideways movement may suddenly shoot on the upside if the situation in Cyprus is resolved without chaos.

The 1.3150 area on the upside is what I'm keeping an eye on. If the Cyprus government manages to defuse the situation by the time the bank holiday is over this coming Thursday, it may inspire confidence which would push the Euro up.

Nobody was talking...
Thank you Jay.

AGREED and AMEN.

1.3150 at a minimum.
Trade smaller than rational because the market is irrational...
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