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  • #861,501
  • Dec 7, 2013 2:56pm Dec 7, 2013 2:56pm
Quoting horuxito
{quote} Milam, for starters, you are a nice guy. I have been watching this thread for some weeks and you are always very polite. I don't now if it's just the general dissapointment of the moment but you seem a little different from those days I read your first posts that were going in a line like "You just need a sound strategy with specific exits, etc, etc for peace of mind"... what happened to that? Why are you asking people out to show you how they trade, live calls and other ridiculous stuff to demonstrate things they don't have to demonstrate?...
Because it is not fair towards who want to learn to be a trader to give the wrong perception of what we can archive. Great international traders make around 100% a year.

But if one insist on something that I feel is unreasonable in giving the wrong perception, then I have to ask to place the money where the mouth is…… otherwise it is only BS….and as you know there is so much of it around…..
Wherever you go, there you are.
  • #861,502
  • Dec 7, 2013 2:57pm Dec 7, 2013 2:57pm
Quoting ffleo
{quote} That is strange. You make it sounded so easy to make 30 pips a day, why you have a tough week? Is not the following what you just said? "Anyone who think they can't take 30 pips a day from the EURUSD chart is out of his mind. Of course you can. It's a matter of Average Daily Range. Price moves 80 pips up and down, from high to low, from the center line to the top and from the center to the bottom. Is it so difficult to see that?"
Mis disculpas if I sounded that it was easy to do. What I meant is that I'm aligned with Eurusdd way of thinking. I for one would like to learn more from the guy.
Best time to plant a tree was 20 years ago, second best is now
  • #861,503
  • Dec 7, 2013 3:04pm Dec 7, 2013 3:04pm
Quoting Eurusdd
{quote} Haha ffleo. You are funny. I do not smoke./ i am not in the forex world to become a billionaire. Therefore, I am not a member of the compounding club. For me, $10,000 a month is ok. Anything else is fun. It does not matter how much I have in my account. That is why I said, most of us have no excuse when we lose our account. We are under pressure to grow it quickly and compound.....
Wow, $10,000 is a lotta cheese, what percentage of your balance is that?
  • #861,504
  • Dec 7, 2013 3:08pm Dec 7, 2013 3:08pm
Quoting mamalujo
{quote} Wow, $10,000 is a lotta cheese, what percentage of your balance is that?
he claims easy to make 1.2 times a month without compounding.
He has been in the game for 10+ years. He knows the game inside out.
what does inside out mean? does it mean it all? Does it mean he knows all about the game?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #861,505
  • Dec 7, 2013 3:14pm Dec 7, 2013 3:14pm
A trader need to keep good records, if he/she averages 50 to 150% a year, it will not be difficult to find capital if one has not the resources.
There is hope, only hard work is needed..and peace of mind...

The garden is waiting for me….
Wherever you go, there you are.
  • #861,506
  • Dec 7, 2013 3:23pm Dec 7, 2013 3:23pm
have fun guys. going to spend hours to put Debian on my computer and all the programs up.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #861,507
  • Dec 7, 2013 3:26pm Dec 7, 2013 3:26pm
1.3650 should be seen this week .. First a jump to 1.3750 might be expected...

Ignore what you have just read
  • #861,508
  • Dec 7, 2013 3:42pm Dec 7, 2013 3:42pm
------------------------------------------------------------------------------------------------------
Quoting ffleo
{quote} You in the game for 10+ year with 6% daily gain, please go away, do not come back. Go to tour the world, surrounded by all the beautiful chicks. Why you still wasting your time here to learn nothing good?
Look at this one. Very funny. Just because you are successful at something does not mean you should dis-connect yourself from others. You are the very same person who will cry that the 1% has no connection with the 99%.
Furthermore, I am not talking about me 'learning something here'. You are killing those who believe in themselves.
And, I don't see why it is wrong for me to learn a thing or two.
When I signed up for this forum, I thought I would be in the midst of serious traders but all I find is 505 dream-killers.

Lol. I am done with your bleak-future. If you think this game is impossible. STOP WASTING YOUR TIME
  • #861,509
  • Dec 7, 2013 3:49pm Dec 7, 2013 3:49pm
from tomorrow's mini sp500. has a long run up to Hell 1430 points
the more it rises the more I see.
  • #861,510
  • Dec 7, 2013 3:50pm Dec 7, 2013 3:50pm
Quoting ffleo
{quote} You in the game for 10+ year with 6% daily gain, please go away, do not come back. Go to tour the world, surrounded by all the beautiful chicks. Why you still wasting your time here to learn nothing good?
where did I say 6% daily gain? I was simply referring to what is possible with $5,000. Furthermore, I said I am not into compounding. therefore, if my daily target is $1000, I will stick to it even if my account is $100,000.

Jesus, you guys are something else. Lol. I am laughing now.
  • #861,511
  • Dec 7, 2013 4:30pm Dec 7, 2013 4:30pm
Quoting Dr.Zain
{quote} You mean BUY on Bad news and Also BUY on Good new!!!!
There's a saying on Wall street, and most people love it...

"Buy the Rumors and Sell the News"

To be honest with you, A lot of people get burned on that mentality.....
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #861,512
  • Dec 7, 2013 4:33pm Dec 7, 2013 4:33pm
Quoting OctaveJay509
{quote} "Buy the Rumors and Sell the News"
I think that's "Buy the Rumor, Sell the Fact"

Don't know if they get burned on that.
When the Joker is in the deck.. fear not and play it well
  • #861,513
  • Dec 7, 2013 4:37pm Dec 7, 2013 4:37pm
Quoting Eurusdd
{quote} ........ you guys are something else. Lol. I am laughing now.
Me to (laughing). Just never did "get" the guy (EurUsdd).
My bad (LOL).
When the Joker is in the deck.. fear not and play it well
  • #861,514
  • Dec 7, 2013 4:38pm Dec 7, 2013 4:38pm
I think EURUSDD is pretty right. It can be done, of course not every day. This pip counting stuff here is not much amusing. It is all about the money, nothing else. I had lousy weeks lately with only 7%, but I am aiming 20% p.w. and already had some.
  • #861,515
  • Dec 7, 2013 4:48pm Dec 7, 2013 4:48pm
Quoting CandleStar
This pip counting stuff here is not much amusing. It is all about the money, nothing else.

I would humbly suggest that one could focus on the best entry and exit and neither money or pips matter.
Because, if you get that right, the money will follow.

Just a thought.
?
When the Joker is in the deck.. fear not and play it well
  • #861,516
  • Dec 7, 2013 4:56pm Dec 7, 2013 4:56pm
Quoting Slim Buffett
{quote} I think that's "Buy the Rumor, Sell the Fact" Don't know if they get burned on that.
The concept might be different but the meaning of both of them are the same.....We both know that
retail traders don't have enough buying power to move the market, so they rely on Lagging indicators
to help them make the case before buying or selling.....

Since major hedge fund managers and Big investors know our routine (as Retail traders), they use that against us.
For example [EUR/USD, USD/JPY], some people were afraid to buy or sell this week because of the Non-Farm Payroll reports, but
Big Investors started to buy early Tues, wed, and Thursday and when Friday came, them pairs went almost in the same
direction...

This is a bit confusing for a lot of retail traders, because they know there's a correlation between them pairs....By the time,
they are getting ready to jump on board, the trend might be OVER.... And, they get caught up holding the Bag...

In order words, it doesn't matter what the news is as long as you can identify the trend, you should simply follow it. 90%+ of
retail traders tend to get in the Trend in the last minute.
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #861,517
  • Dec 7, 2013 5:14pm Dec 7, 2013 5:14pm
Note:

EUR/USD 4-Hour Chart

The Bearish Gartley has been completed, and I believe that there's going to be a potential
reversal to the Downside as long as Friday's High: 1.37052 isn't going to be violated on Sunday or
Monday morning.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD4Hour.png Size: 52 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #861,518
  • Dec 7, 2013 5:28pm Dec 7, 2013 5:28pm
Quoting OctaveJay509
{quote} The concept might be different but the meaning of both of them are the same.....We both know that retail traders don't have enough buying power to move the market, so they rely on Lagging indicators to help them make the case before buying or selling.....
No........ a single retail trader doesn't have the "power". In a 5 $trillion daily market neither do banks
or hedge funds, save to move it for a "few" pips.
Everyone (including banks or HF's) relies on something. It's all part of the market. Fundamentals, indicators,
tech analysis. The banks or HF's don't have a "secret" or "holy grail".

Quoting OctaveJay509
{quote} Since major hedge fund managers and Big investors know our routine (as Retail traders), they use that against us.
It isn't a conspiracy theory. Banks and hedge funds also loose money. They simply do it (usually) on a less
consistent basis than the majority of retail traders.


Quoting OctaveJay509
{quote}For example [EUR/USD, USD/JPY], some people were afraid to buy or sell this week because of the Non-Farm Payroll reports, but Big Investors started to buy early Tues, wed, and Thursday
How do you know it was BIG investors. Couldn't it have just been just the "Market" in its entirety?

Quoting OctaveJay509
{quote}By the time, they are getting ready to jump on board, the trend might be OVER.... And, they get caught up holding the Bag...
Quoting OctaveJay509
{quote}

That may be true but whose fault is that and what does it have to do with "rumor/fact" ?

Quoting OctaveJay509
{quote}In order words, it doesn't matter what the news is as long as you can identify the trend, you should simply follow it. 90%+ of retail traders tend to get in the Trend in the last minute.
Longer term "news" has to do with fundamentals. That may ultimately alter the "trend".
Best to pay attention to as much as possible ??
When the Joker is in the deck.. fear not and play it well
  • #861,519
  • Dec 7, 2013 5:34pm Dec 7, 2013 5:34pm
Quoting CandleStar
I think EURUSDD is pretty right. It can be done, of course not every day. This pip counting stuff here is not much amusing. It is all about the money, nothing else. I had lousy weeks lately with only 7%, but I am aiming 20% p.w. and already had some.
20% a week would double your money (excluding for tax's) every 3.6 months. With a nest egg of just $100 in 10.2 years you'd have $858,993,459,200.
  • #861,520
  • Dec 7, 2013 5:44pm Dec 7, 2013 5:44pm
Quoting jabow
{quote} 20% a week would double your money (excluding for tax's) every 3.6 months. With a nest egg of just $100 in 10.2 years you'd have $858,993,459,200.
Sorry my math was wrong that would be 2.35 years not 10.2 years.
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