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I trade my own account for a living. Tell your story

  • #241
  • Dec 7, 2013 3:30pm Dec 7, 2013 3:30pm
Quoting Turveyd
{quote} You wouldn't believe us if we knew 1, GDR32 is my call on this. I'd say 90% claim to be profitable, 1% actually gets there. Not going to get there and to wage level, unless you try, really hard.
I have no intention of shattering anyone's dreams but this is how it is
The Thief of Wall Street
  • #242
  • Dec 7, 2013 3:34pm Dec 7, 2013 3:34pm
Quoting Mikkk01
{quote} You mean explorer? Go ask him about it. You'll probably be sent to hell or somewhere near that Though, I've seen enough of his live trades to conclude he is more profitable than 10% per month... You can read Genesis Thread you'll see yourself.
Show me man! And see what I make of it
The Thief of Wall Street
  • #243
  • Dec 7, 2013 3:34pm Dec 7, 2013 3:34pm
Quoting bradu
{quote} before you answer in that manner...read carefully what i wrote: by their claims so it is by their claims...not what you belive
Exactly, I haven't seen so much people CLAIMING they're profitable for a year consistently without a drawdown more than 20%!
Quoting bradu
{quote}by the way...you are a full time trade (you claim to be in your descriprion)...share with us...unless of course you are a full time trader with parents money conclusion: read carefully before posting bullshit
Share what?
You wanna know what I trade? - Genesis System
I've been using this system for about 8 months - half of them demo and testing. Profitable - yes. I began with a relatively small account and using compounding. Details - don't feel like!
If you wanna hear where I get money so much, here we go: I have sources of income that give me enough to live on and they don't take lots of time - my focus is almost entirely on trading - thus I consider myself to be full-time. What they are - not your business. I don't owe anything to anybody here. Wanna believe - ok, don't wanna - I don't give a damn. If you're a poor man it's just stupid to think every trader around also came here for a quick million.
Anyway, I would not advise you to behave abusive without any proof that you're right on the topic.
The single most important factor is having control of your own life.
  • #244
  • Dec 7, 2013 3:37pm Dec 7, 2013 3:37pm
It's a well known fact and a sad state of affairs that several times more money is made by so called "industry experts" selling completely useless services to aspiring traders than from actually trading the markets themselves.

The point is that it is significantly more lucrative to get in to the "selling of services" industry than it is to actually bother learning how to profit from market movements.

If you get time feel free to check out my thread "Ex-Institutional Trader" for a no nonsense approach.

Either way good luck on your journey.

Regards, NV

REAL LIVE ACCOUNT:

***http://www.myfxbook.com/members/nv_t...-trader/749457***
  • #245
  • Dec 7, 2013 3:55pm Dec 7, 2013 3:55pm
Your 3%, Chiky, are just showing that you're not able to trade with decent profitability. There's a plenty of EAs that are making more than that. Even lousy martingale [strategy I described in another thread] will make much more.
The single most important factor is having control of your own life.
  • #246
  • Dec 7, 2013 4:10pm Dec 7, 2013 4:10pm
Quoting Mikkk01
{quote} Exactly, I haven't seen so much people CLAIMING they're profitable for a year consistently without a drawdown more than 20%! {quote} Share what? You wanna know what I trade? - Genesis System I've been using this system for about 8 months - half of them demo and testing. Profitable - yes. I began with a relatively small account and using compounding. Details - don't feel like! If you wanna hear where I get money so much, here we go: I have sources of income that give me enough to live on and they don't take lots of time - my focus is almost...

that is the name of the thread:
I trade my own account for a living. Tell your story - you claim to be full time trader, that is what i was telling you to share - being here and being a full time trader i assume you would like to share your story
but, after reading your response...it is all clear...nevermind, live in your dreamland

on the other hand, NV - i liked your first post, i will read more this weekend.
  • #247
  • Dec 7, 2013 4:12pm Dec 7, 2013 4:12pm
Here is the vote proving your affirmations to be wrong and mine to be right:
Quoting Mikkk01
{quote} I didn't see even 50% of them claiming the are.
http://www.forexfactory.com/showthread.php?t=350541
The single most important factor is having control of your own life.
  • #248
  • Dec 7, 2013 4:25pm Dec 7, 2013 4:25pm
Quoting bradu
{quote} that is the name of the thread: I trade my own account for a living. Tell your story - you claim to be full time trader, that is what i was telling you to share - being here and being a full time trader i assume you would like to share your story but, after reading your response...it is all clear...nevermind, live in your dreamland
As I said many times already on this forum: you guys may think whatever you want. Unless your point of view is proved I don't give a damn!
And, oh yes, I like my 'dreamland' and what you say won't make me think same narrow-mindedly as you do or make my life any less satisfying
What I've noticed - many people here are so desperate, angry and disappointed that they want others feel as bad as they do - well, this won't work with me
The single most important factor is having control of your own life.
  • #249
  • Dec 7, 2013 5:35pm Dec 7, 2013 5:35pm
Thanks guys for your very different views on this topic, I personally appreciate them all.

I’d really like to keep this thread clean of the usual flaming about it being or not possible to achieve. If we can’t pass this point through then I guess this thread isn’t worth mine or anyone else’s time away from the charts and personal life.

There’s the aggressive approach and there’s the conservative approach with all the gray areas in between. Institutionals have their way of doing things: conservative, commission-based trading; independents otoh can do whatever they want trying to put their bread on the table, meaning, no one single approach is to be considered the good approach. If you’ve never seen a trader making 100% or 500% or 1000% a year, fine… if you did see it happen, its fine too. That’s not the discussion.

To me, the most important aspect lies in the organized approach to building a plan and sticking to it.

As far as I am concerned, each one of us only know what we know, or past experience dictates what we believe in. Nobody has the right to impose their own perspective about anything to anyone.

Remember, the idea is that full time traders or struggling traders that made their jump onto profitability and make a living from trading share their experience, what they did to achieve it, what they learned in the process and how they keep doing it profitably.
  • #250
  • Dec 7, 2013 5:47pm Dec 7, 2013 5:47pm
Quoting tradista
Remember, the idea is that full time traders or struggling traders that made their jump onto profitability and make a living from trading share their experience, what they did to achieve it, what they learned in the process and how they keep doing it profitably.

Worrying there aren't many of those coming forward isn't it but it's just cause there jet setting around the world with playboy/girl models LOL



I wouldn't be spending most of my weekend messing with chart options trying to optomise my method if I didn't think it was possible.

And aggressive for me please, lifes just to short to waste trading 1% risk with a 200SL/TP!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #251
  • Dec 7, 2013 5:51pm Dec 7, 2013 5:51pm
100% agree Tradista !
i think that all of us would like to hear their stories and learn from them if they want to share, but the only problem is: here on ff.com are any full time traders ?- and by that i dont mean unemployed, students and kids claiming that they are, nor traders that trade penny accounts and manage to get 300% acc growt in 1-2 weeks and they think they are kings of trading..

im an ocassional ff.com reader, mostly just for fun because i cant really see anything valuable posted in trading system section, but there are a few threads in trading discussion section that im watching.
  • #252
  • Edited 6:17pm Dec 7, 2013 6:05pm | Edited 6:17pm
Quoting tradista
Thanks guys for your very different views on this topic, I personally appreciate them all. I’d really like to keep this thread clean of the usual flaming about it being or not possible to achieve. If we can’t pass this point through then I guess this thread isn’t worth mine or anyone else’s time away from the charts and personal life. There’s the aggressive approach and there’s the conservative approach with all the gray areas in between. Institutionals have their way of doing things: conservative, commission-based trading; independents otoh can...
Surely! That's your thread - you are boss here!
If that 'imposing' thing is related to me - didn't mean it. On the opposite, I've expressed my point of view and added some evidence - BUT one can choose what to do with it and I don't really care what it will be. That's absolutely their right.
I actually already said what I wanted to - don't have anything to add except in this post. Wouldn't even do that at all hadn't there been made so ridiculous and unjustified statements like these:
Quoting Chicky
Show me one person....just one .... Who has been making more than 10% a month consistently for a year with drawdown 20% or less.... And I will never trade. please do not misguide people. One can get lucky for a few times, but no one can remain consistently profitable with crazy returns. But if you insist, means you have no clue how this market works.
Chicky, you can't know either of these affirmations are true for sure anyway, especially considering that more than 10% per month is crazy for you.
Quoting bradu
{quote} more than 80% are succesfull if you read their claims
I proved you wrong.
Quoting bradu
im an ocassional ff.com reader, mostly just for fun because i cant really see anything valuable posted in trading system section.
And last thing, bradu: you're trading for fun - you're not a trader. Neither I think you ever will be as you didn't manage to find a profitable system yet. Roots of your behaviour I explained above.

Guys, closing this discussion...
The single most important factor is having control of your own life.
  • #253
  • Dec 7, 2013 6:18pm Dec 7, 2013 6:18pm
Quoting Mikkk01
{quote}If that 'imposing' thing is related to me - didn't mean it.
Not taken. Your point of view is to be respected and I do understand what you say. I just think we should stay respectful and refrain from making personal judgements between members. If we can have an interesting and constructive discussion then I'm sure that other fulltimers will get curious and drop their word of wisdom too, as long as the content is worth everyone's time.
  • #254
  • Dec 7, 2013 8:35pm Dec 7, 2013 8:35pm
Quoting neo1599
I trade full-time, manage accounts etc. Took me a long-time to understand how to trade and be profitable long-term. Basically it isn't so much about analyzing but planning. Have written an article about it: http://www.dukascopy.com/fxcomm/fx-a...ons-The&id=786 The article was written for the previous month contest. Its basically the first step which led me to full-time trading and earning a living from it. Oh by the way, when I say full-time trading and earning a living from it,...
Your link to your article no longer seems to be working. If you still have access to it could you please repost it?
  • #255
  • Edited 9:40pm Dec 7, 2013 9:29pm | Edited 9:40pm
Quoting Mikkk01
{quote} Surely! That's your thread - you are boss here! If that 'imposing' thing is related to me - didn't mean it. On the opposite, I've expressed my point of view and added some evidence - BUT one can choose what to do with it and I don't really care what it will be. That's absolutely their right. I actually already said what I wanted to - don't have anything to add except in this post. Wouldn't even do that at all hadn't there been made so ridiculous and unjustified statements like these: {quote} Chicky, you can't know either of these affirmations...
I don't know if consistently making 10% per month with maximum drawdown of 20% is not crazy than what else is. I have been very generous in asking for the return, drawdown and the 12 month period. That would be something quite different from this one. The following is not crazy, but a consistent 10% is indeed crazy.
Attached Image
Attached File(s)
File Type: pdf 1st place_aug 2008[1].pdf   32 KB | 377 downloads
The Thief of Wall Street
  • #256
  • Edited 1:53am Dec 8, 2013 1:32am | Edited 1:53am
Quoting Mikkk01
Your 3%, Chiky, are just showing that you're not able to trade with decent profitability. There's a plenty of EAs that are making more than that. Even lousy martingale [strategy I described in another thread] will make much more.
Thanks for reminding. Think I already know this.............................................. You may like to check egypt's profile and posts............ he used ea's to make tons of money only to watch it disappear one day along with his original investment. He advised me on how to trade candle sticks. 3% in a year is far better than -100%.
No one knows about martingales than myself. I traded using them on usdjpy from 1995 through 2007, those were the days when you checked the charts on one site and placed the trades on another site............ you copied the levels from charts on your note book and then entered them on the trading window. There was no such thing as trading from charts. I used to double my money in weeks using martingale. Martingale is nothing but a piece of shit method.

ps. Cannot exactly remember, but I was one of the first clients of GCI trading
The Thief of Wall Street
  • #257
  • Dec 8, 2013 3:35am Dec 8, 2013 3:35am
Quoting tradista
{quote} Not taken. Your point of view is to be respected and I do understand what you say. I just think we should stay respectful and refrain from making personal judgements between members. If we can have an interesting and constructive discussion then I'm sure that other fulltimers will get curious and drop their word of wisdom too, as long as the content is worth everyone's time.
Absolutely!
Though, I hope 'bullshit' towards an unjustified statement is acceptable. I never EVER insult people's personality. And when others do - that's just funny [as I began seeing pretty clear patterns in their behaviour].
The single most important factor is having control of your own life.
  • #258
  • Dec 8, 2013 3:48am Dec 8, 2013 3:48am
Quoting Chicky
{quote} Thanks for reminding. Think I already know this.............................................. You may like to check egypt's profile and posts............ he used ea's to make tons of money only to watch it disappear one day along with his original investment. He advised me on how to trade candle sticks. 3% in a year is far better than -100%. No one knows about martingales than myself. I traded using them on usdjpy from 1995 through 2007, those were the days when you checked the charts on one site and placed the trades on another site...............
Well, I didn't say
Quoting Chicky
you have no clue how this market works
And what I think is nobody should state something, especially so general, that they have no proof of...
Quoting Chicky
{quote} but a consistent 10% is indeed crazy.
The single most important factor is having control of your own life.
  • #259
  • Dec 8, 2013 3:55am Dec 8, 2013 3:55am
Quoting Mikkk01
{quote} Absolutely! Though, I hope 'bullshit' towards an unjustified statement is acceptable. I never EVER insult people's personality. And when others do - that's just funny [as I began seeing pretty clear patterns in their behaviour].
I trade full time. I think. How do you define full time?
If you are good at something, never do it for free--Joker
  • #260
  • Dec 8, 2013 4:22am Dec 8, 2013 4:22am
jmn, he has defined already..


Quoting Mikkk01
{quote} You wanna know what I trade? - Genesis System I've been using this system for about 8 months - half of them demo and testing. Profitable - yes. I began with a relatively small account and using compounding. Details - don't feel like! If you wanna hear where I get money so much, here we go: I have sources of income that give me enough to live on and they don't take lots of time - my focus is almost entirely on trading - thus I consider myself to be full-time..
i think it is everybody`s dream..
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