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  • #979,541
  • Apr 9, 2015 11:24am Apr 9, 2015 11:24am
Quoting guzda
{quote} Depends what is small for you. I believe that my amount is big for you, but i can afford it to lose, and if I win I will win big, and if lose do not care, but won't lose everything...only half profit
Well, assuming you have 1:1 risk rewards ratio

If losing 1million dollar a day for a 10millions acc. You must be either very rich, or an idiot.
Read the entire market, money is made on the main trend not the fluctuation
  • #979,542
  • Apr 9, 2015 11:27am Apr 9, 2015 11:27am
Quoting ergest7
{quote} What is your tp and sl?
OUT of that Trade
A good trader follows his rules, but great trader knows when to break them
  • #979,543
  • Apr 9, 2015 11:27am Apr 9, 2015 11:27am
Quoting fxtyrant
{quote} hmmm by looking at your trade explorer... holding onto 127:1 leveraged trades. damn you are sure not in the millions. if you had atleast a million to trade you wouldnt need to utilise that much leverage high leverage is only for people with small amount of money. to have a chance at the forex markets... the recommended leverage for a 1 million usd account is around 1:20 MAX leverage.... so with that in mind. seeing as your 200:1 leveraged. im guessing you're started with say ~100k USD?
My leverage is 1:100, and this trade explorer is not 100% accurate. For some rules I do not care, as they just make my life difficult. I think out of the box and playing hard to get some success. On every fail, I stand up and take again harder, and every time I get better.
In 7 years trading I came to the point where not only technical or fundamentals are in play, but also experience when will some of them fail to comply with rules.
  • #979,544
  • Apr 9, 2015 11:30am Apr 9, 2015 11:30am
Quoting guzda
{quote} My leverage is 1:100, and this trade explorer is not 100% accurate. For some rules I do not care, as they just make my life difficult. I think out of the box and playing hard to get some success. On every fail, I stand up and take again harder, and every time I get better. In 7 years trading I came to the point where not only technical or fundamentals are in play, but also experience when will some of them fail to comply with rules.
okies. keep it up. just watch out. 10% a day is pushing it. one step ahead would be 10% an hour..... or even 10% a second. by that time how different would it be from gambling?

btw if your account does get big, my advise is to pull some out and diversify your exposure to different brokers.... you dont want to depend too much money on 1 broker.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,545
  • Apr 9, 2015 11:30am Apr 9, 2015 11:30am
Quoting Kofmaster
{quote} Well, assuming you have 1:1 risk rewards ratio If losing 1million dollar a day for a 10millions acc. You must be either very rich, or an idiot.
It is very thin line between genius and idiot
  • #979,546
  • Apr 9, 2015 11:30am Apr 9, 2015 11:30am
Quoting fxtyrant
{quote} hmmm by looking at your trade explorer... holding onto 127:1 leveraged trades. damn you are sure not in the millions. if you had atleast a million to trade you wouldnt need to utilise that much leverage high leverage is only for people with small amount of money. to have a chance at the forex markets... the recommended leverage for a 1 million usd account is around 1:20 MAX leverage.... so with that in mind. seeing as your 200:1 leveraged. im guessing you're started with say ~100k USD?
Can you please post again what amout we should risk per the amount of capital we have?
  • #979,547
  • Apr 9, 2015 11:30am Apr 9, 2015 11:30am
Lack of bounce makes this more and more...
Intraday only.
  • #979,548
  • Apr 9, 2015 11:31am Apr 9, 2015 11:31am
Quoting infinitus
{quote} Home again from vacation. Was a fantastic winter. Tomorrow I will reanimate my motorbike How is the weather in Ireland? Best to you, Markus
So little rain recently. Fantastic high-teens this week. Spring/summer is in the air.

I live in a beautiful pocket of town, too. Google is nearby...many others (corporations). Point is...educated, professional people. Money earned...and money to spend! Temperature hits solid double digits...fashonistas come out! Times are good!

Welcome, welcome, Markus! Enjoy your own bed! Sometimes nothing beats it!

love love
  • #979,549
  • Apr 9, 2015 11:32am Apr 9, 2015 11:32am
Quoting fxtyrant
{quote} okies. keep it up. just watch out. 10% a day is pushing it. one step ahead would be 10% an hour..... or even 10% a second. by that time how different would it be from gambling? btw if your account does get big, my advise is to pull some out and diversify your exposure to different brokers.... you dont want to depend too much money on 1 broker.
The thing is I am trading this account just as a broker test. They gave me huge bonus on deposit, so I have a little of moral hazard, but after I trade it for a month I think I will pull out the money as I am not satisfied with this broker.
  • #979,550
  • Apr 9, 2015 11:32am Apr 9, 2015 11:32am
STRONG DOLAR :nerd:
  • #979,551
  • Apr 9, 2015 11:32am Apr 9, 2015 11:32am
Quoting navk
Lack of bounce makes this more and more...
do not underestimate this level, bulls are lurking.
  • #979,552
  • Apr 9, 2015 11:33am Apr 9, 2015 11:33am
Quoting ergest7
{quote} Can you please post again what amout we should risk per the amount of capital we have?
2 standard lot max per trade on a 50k usd account, 3 standard lot max on 75k, 4 standard lot max on 100k etc etc.
1 trade per currency pair at a time, maximum 4 simultaneous trades
so maximum 4 currency pairs traded at a time. 1 trade at max lot for each at a time.
account max leverage 1:50
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,553
  • Apr 9, 2015 11:33am Apr 9, 2015 11:33am
Quoting ill_be_back
{quote} OUT

I saw that thanks... got out myself soon as I seen your post
  • #979,554
  • Apr 9, 2015 11:35am Apr 9, 2015 11:35am
Quoting ergest7
{quote} I saw that thanks... got out myself soon as I seen your post
Thanks!
  • #979,555
  • Apr 9, 2015 11:36am Apr 9, 2015 11:36am
Quoting Pharm0r
{quote} do not underestimate this level, bulls are here.
no. Just overdone this week I guess.Last week poor NFP report asking for higher dollar !
Intraday only.
  • #979,556
  • Apr 9, 2015 11:37am Apr 9, 2015 11:37am
The EUR/USD fell 150 pip during the day and currently trade near to 1.0639, So are we gonna see another lowest price for the pair ?
  • #979,557
  • Apr 9, 2015 11:39am Apr 9, 2015 11:39am
Quoting navk
{quote} no. Just overdone this week I guess.Last week poor NFP report asking for higher dollar !
Look at the hourly low, and look at the level posted a day in advance, pay attention to the close

http://www.forexfactory.com/attachme...mentid=1649916
  • #979,558
  • Apr 9, 2015 11:46am Apr 9, 2015 11:46am
Quoting fxtyrant
{quote} taken profit bro, when it hits my TP its done and dusted. but me taking profit doesnt mean EURUSD is gona bounce or anything.... its just better for me to just hit the TP and be done with it. meanwhile still looking for opportunities. 1 trade close, done and dusted, now onto the next trade. still maintaining my 100% win rate though anyways off to bed. gona keep an eye out on how USDJPY is gona do. so far i like what i see... wonder whos going short USDJPY against me.... 121 is my target but from the looks. USDJPY maybe headed for 124 very...
tyrant, just asking, when will it be your next entry on this pair?
As i can see in my daily chart, it currently has a potential to fall to near 1.047x
Possible for you to provide some insight and information on this?
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  • #979,559
  • Apr 9, 2015 11:49am Apr 9, 2015 11:49am
Again , members are very disturbed by this move and my only guess is that they were very biased on Long/short view and didn't go with the flow , as I mentionned in my previous post , the moment 1.096x gave up in a thin/illiquid market , the bastards decided to take the ride lower , how much lower wasn't decided yet , we had levels like 1.088x and 1.082x then respectively 1.079x then 1.076x to hold the down move , yestreday FOMC gave bears the upper hands with confirmation of momentum and bulls havn't been given much to fight for thus the last area for a reversal was around 1.072x so momentum put pressure and cracked 1.0700 & opened 1.066x as immediate target , at this area we are in PRE mars FOMC zone - patience removal/gradual hikes on board - thus my general view is neutral at this point unless we extend move down to 1.05xx then last month lows may have good chance to be tested .
hoom.
Get Rich or Die Tryin
  • #979,560
  • Apr 9, 2015 11:49am Apr 9, 2015 11:49am
Quoting Pharm0r
{quote} Look at the hourly low, and look at the level posted a day in advance, pay attention to the close http://www.forexfactory.com/attachme...mentid=1649916
Have some longs placed between 0650 to 0675.

In doubt now.
Intraday only.
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