Want to know how to get rich?

Have you been making money consistently trading for those 5 going 6 years you have traded live ?

Define "making money consistently".

Some stories to illuminate:

The first two days i traded indices i did really good. I never saw an indie my whole life, didnt know anything about trading anything.

When there is lots of other stuff going on in my life and i cant find the time to concentrate and be calm and if i still trade, generally i do badly.

I have had investors persuading me to take their money. I never persuaded them of anything.

I have lost a lot of those investment funds. Partly due to my stupiditiy, partly because of theirs.

Couple of months ago it became quite clear i will never need anybody elses money for investment.


I have a counter question: What does it matter if i have been making money during this time or that time, if i didnt also tell you in quite exact terms what my method was? What would be the point knowing that during 11 of june 2014 to 8th of december 2014 i made 123.456 $? That would only be interesting if the same method could be reproduced, isnt that so?

If thats what you are after, maybe first you should ask for how long i have used the exact same method, clearly defined in terms that i can explain so that you comprehend them and so can reproduce the exact same result with the exact same method.

Let me take an example to make it clear: If i sold E/U in the spring of 2014, for what ever reason, and pretty much kept that position up until now, it would do pretty good. But if the REASON for me to take that position is obscure in such a way that i cant explain the method, then the results cant possibly be reproduced with that said method.

Im guessing what you want is for me to tell you exactly what to do to make x amount of money in y amount of time. To be honest, i dont know how much money you personally is going to make in any amount of time. Im guessing you are thinking if i made x amount of money in y amount of time, then i can tell you how to make that same amount of money in that same amount of time. Well i have this thread, and its the answer to a question. Its the best answer i can think of.

Now im posting this chart. Why? I have no idea. But this is what im looking at right now. Why? Not sure. Im having a look. See if there is anything i have missed in it.

You once wrote that you were better at technical analysis than actual trading, also the title of your thread is " want to know how to get rich ? ". So before i answer yes, i wanted to know if the guy was at least profitable.

Ok i digress. Define "profitable" in as exact and simple numerical terms as you possibly can.

no thanks, im fine with your first answer. Good luck in your trading and your technical analysis.

Ok cool.

For everybody who has been talking about take profits and stop losses. If you are buying you aim at the buy targets, and vice versa. If you are going to sell you do it when it seems to reverse on a buy target and vice versa. Buyers aim for highs, sellers aim for lows. Tps are USUALLY closed a little before. Just watch the charts and you will see it. Below 0.712 area the orders are 8 years old so i wouldnt want to trade on that kind of old info.

Hey yaed, I've been reading this thread for a while now and so many knowledge bombs have been dropped.

Just wanted to say thanks and please continue what you are doing!

Ok, nice you find it usefull!

Hi Yaed, i dont know if i do the right thing but its so tempting to short usd/jpy before it break the low, i usually trade 1cent but this time i trade 5cent x4
i guess i got more confident since i hang out in your thread LOL! and hopefully not get burn .

this is exactly what i see and learn from many charts you provided and i usually trade 1 cent and accumulate from there either attacking or rescuing.
once again thanks for the thread i can see that oneday i stop cleaning

I don't know, but on a larger scale, U/J is strong up trending,

Only look for buy opportunities as long as new highs are made. Forget about short at this moment.

Thanks zxdtrader, i feel like crawling under the table cos i nearly get burn but somehow i can manage to stay afloat . Time is continuously flow Yaed said.
ill forget about the short ! buy high sell low .

Look, people, doesnt matter.
Fuckt it. Doesnt matter. If the low is rejected, buy, if the high is rejected, sell. Thats it. Turning point. Nothing else you need bother about.
If you want to expand on that, study it, measure it.

Want to know how to get rich?

Get a "job" at FIFA

Breaks and turning points
I am focusing on two types of trades right now. Or at least im TRYING to focus on two types of trades.

Breaks on SR is pretty simple to explain: As price breaks through historical highs or lows, preferably two or three in close proximity to each other, and then i enter. SL is REALLY tight. Its VERY hard to calculate how far these trades will go, so im sort of playing it by ear and experience. As these things happen, the market is making a new level, and its NOT decided what it will be in advance. Actually i dont have a good way of explaining this more then so. These types of trades happen once or twice or maybe three times a day most of the time.

The second type of trade, the turning point is easier to define and more technical, less dependent on experience. For this i use a modified fibo retracement calculation. As price gets to a high or low, if it gets rejected, you can sort of see this at 1/4 or 3/4 of the entire move. If price has made a new high and goes back to a low and is rejected in this manner, its very nice to enter, or vice versa. This happens ALWAYS at least once a day, often 4 times or so.

I will try to mark these entries on todays chart.



I know i probably dont explain this in as much detail as i could, but im trading at the same time.

Screw FIFA
You mean:

You want to get rich?
Become a fat, stuck up, white old man, lying scumbag spineless sack of shit bastard?
Like the UN?
Like the EU?
Like the corporations?
Like the federal reserve?
Like the ECB?
Like fifa?

For your information, i dont think you "get" a job at fifa. I dont think you apply and you get Sepp Latters job, because you are "the best" or what ever. You get it cause you are RELATED to some other lying sack of scumbag most probably. Or because you have an amazing ability to like arse upwards and kick people in the face below or both.

No thanks i would rather blow my fucking head off with a shotgun. Maybe take out few of those sons of bitches before.

A lot of things in this world is run by Sepp Latter type people. And the public is to stupid, brainwashed and lazy to find out the truth. Instead they are spoonfed the lies of the military inustrial media financial complex. EVERYBODY who knew a thing about fifa knew it was rotten to the core BEFORE this squirted like octupus ink in the face of the public. Apparently there where just some powershifts and someone paid someone here or there to bring this little bit of the whole stinking pile of shit into the limelight of the confused and prepaid dinosaur media bullshit outlets.

If you want to get a job at FIFA, most probably you wont have much to laugh about once you get it. You will have forsaken all the love and friendship and REAL values once you get that job. Money is NOTHING! Its just friggin numbers in databases! Talk about deception! Talk about illusion! Aint nothing backing it! Its not worth the paper its not printed on.

What you think a Sepp Latter type dude does for fun? Eats viagra, snorts cocaine and molests children most probably. And apparently, these days hes not even in the top, up in there it gets worse.