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+10% Profit per day

  • #261
  • Jul 24, 2015 9:26am Jul 24, 2015 9:26am
Quoting infernal199
{quote} OK I have one last ques to both of you as it seems both you have long term exp in forex than me... as I have just 4 months If I use high lots then gain will be high & loss will be high... result: long term failure!! If I use low lots then gain will be low & loss will be low... My ques is: As it seems whole forex price action is random then How trader34 consistently achieving gain for living?? May he use low lots but who cares? Eventually he will fail in the long run right? as he said himself that price action is random!!! Maybe I will blow...

Lol, when u get some more practice u will realize the difference in human physiology on performing 1 trade on 10 lots, and 10 trades on 1 lot
  • #262
  • Jul 24, 2015 9:30am Jul 24, 2015 9:30am
No, I like it...sheep! So i can name my TE after it! It's good. Let's compare..how does mine compare to yours in the last 5 days infernal?!

Wealth comes from what you keep, not what you earn
  • #263
  • Jul 24, 2015 9:30am Jul 24, 2015 9:30am
Quoting tetis
{quote} thank you in my opinion 90% of trading is a mental game and nothing more . if you can control your reactions and mental behaviors you will be a successful trader and it must not change when your equity change. honestly after near 10 years i still need to working hard on my mental states and try to avoid emotional faults . wish you all best
Yup. It's all about psychology... Great thought..
  • #264
  • Jul 24, 2015 9:32am Jul 24, 2015 9:32am
answer:
money management.
loss low, but gains higher then loss! ( lot size is not really relevant, only as account risk%/ trade)

you said you have 3:1 R:R....even if you win 33% of your trades... if you lose 2x1%, win 1x3%...you made +1%...
say you do 12 trades a week?
you might keep your W%33...
it would mean lose 8x1%, make 4x3%....the end of week you have made +4%.
4weeks a month, +16%.
enough? you decide!

my R:R and and number of trades different, but once again, you can get some idea from the attachment earlier how trading looks now.
we agreed that trading is not only to pick great entries, but how you manage those afterward too.
there is always, always another trade!!
  • #265
  • Jul 24, 2015 9:47am Jul 24, 2015 9:47am
Quoting profitfarmer
answer: money management. loss low, but gains higher then loss! ( lot size is not really relevant, only as account risk%/ trade) you said you have 3:1 R:R....even if you win 33% of your trades... if you lose 2x1%, win 1x3%...you made +1%... say you do 12 trades a week? you might keep your W%33... it would mean lose 8x1%, make 4x3%....the end of week you have made +4%. 4weeks a month, +16%. enough? you decide! my R:R and and number of trades different, but once again, you can get some idea from the attachment earlier how trading looks now. we...
Yah.. this is what i learn that always maintain same rules NEVER break it... as my BIG loss always came from holding position & then finally huge loss

but, again I just wanna meet those traders who achieve insane return in weeks

No lions in here... only sheeps
It is the dust where you came from & it is the dust where you shall return
  • #266
  • Jul 24, 2015 9:48am Jul 24, 2015 9:48am
Quoting trader34
No, I like it...sheep! So i can name my TE after it! It's good. Let's compare..how does mine compare to yours in the last 5 days infernal?!
You missing the point here... I am not telling only you... rather all of us here
It is the dust where you came from & it is the dust where you shall return
  • #267
  • Jul 24, 2015 9:50am Jul 24, 2015 9:50am
Mommy!! I want to meet a lottery winner because he can tell me how he does it!
Wealth comes from what you keep, not what you earn
  • #268
  • Jul 24, 2015 9:54am Jul 24, 2015 9:54am
Quoting trader34
Mommy!! I want to meet a lottery winner because he can tell me how he does it!
If they would 1-2 trades even 10 trades then I will accept it as luck.... but they did 100+ trades & keep maintaining high return for 2 weeks! then its not luck!
It is the dust where you came from & it is the dust where you shall return
  • #269
  • Jul 24, 2015 9:56am Jul 24, 2015 9:56am
Quoting infernal199
{quote} You missing the point here... I am not telling only you... rather all of us here
you missing our point here

100% gain on demo= 0$
1000% gain on demo =0$
10.000% gain on demo =0$
180.000% gain on demo = ???

and your homework for the weekend: your lions aren't trading on live like this. why not?
happy weekend!
there is always, always another trade!!
  • #270
  • Jul 24, 2015 10:06am Jul 24, 2015 10:06am
Quoting profitfarmer
{quote} you missing our point here 100% gain on demo= 0$ 1000% gain on demo =0$ 10.000% gain on demo =0$ 180.000% gain on demo = ??? and your homework for the weekend: your lions aren't trading on live like this. why not? happy weekend!
There are Live trading contest as well... & I seen almost same result like this

Its your homework now
It is the dust where you came from & it is the dust where you shall return
  • #271
  • Jul 24, 2015 10:16am Jul 24, 2015 10:16am
Quoting infernal199
{quote} There are Live trading contest as well... & I seen almost same result like this Its your homework now
give a link! or few.
the only I am aware of it, a year long, min. 5000$ live, that winner usually wins with 300-800%...
would like to see others where comparable conditions apply. but trading, not all 20$ competitions.
there is always, always another trade!!
  • #272
  • Jul 24, 2015 11:25am Jul 24, 2015 11:25am
Quoting profitfarmer
{quote} give a link! or few. the only I am aware of it, a year long, min. 5000$ live, that winner usually wins with 300-800%... would like to see others where comparable conditions apply. but trading, not all 20$ competitions.
yessss got it... forgot the website name... anyway, This live contest start with $300 & 1 month long

see the result 1st one achieve 1377% ROE within 1 month

http://www.forextime.com/forex-tradi.../game-of-pips/

This is just one of many live contest happening all over the world!
It is the dust where you came from & it is the dust where you shall return
  • #273
  • Jul 24, 2015 11:37am Jul 24, 2015 11:37am
hmm, 1300% not the same as 180.000%, not even near by, plus it is 2x the length...
is 300$ not feels to you like my friend who plays 20$ online poker in hope to win the 600$ prize?
it is like a pricey lottery ticket.
you dont have any special regret blowing up 100$ account, neither had I...is 300$ that different? nope.
1000$? warming up...
10.000$? getting hot! I bet most would start to feel the heat!

stay with the poker example, you can play 20$ tournaments, but few 20$ tournament winner would neither qualify to W.S.O.P., nor willing to pay (bet?) the 10.000$ entry.

your best bet to understand the difference: put together all your money you can, and try to trade that. I would guess, you would think twice how to trade it and how much risk to take when losing would hurt, really hurt.
there is always, always another trade!!
  • #274
  • Jul 24, 2015 11:41am Jul 24, 2015 11:41am
Quoting profitfarmer
hmm, 1300% not the same as 180.000%, not even near by, plus it is 2x the length... is 300$ not feels to you like my friend who plays 20$ online poker in hope to win the 600$ prize? it is like a pricey lottery ticket. you dont have any special regret blowing up 100$ account, neither had I...is 300$ that different? nope. 1000$? warming up... 10.000$? getting hot! I bet most would start to feel the heat! stay with the poker example, you can play 20$ tournaments, but few 20$ tournament winner would neither qualify to W.S.O.P., nor willing to pay (bet?)...
yah.. & 1st prize is $50,000 just for $300 live account!!!
It is the dust where you came from & it is the dust where you shall return
  • #275
  • Jul 24, 2015 11:51am Jul 24, 2015 11:51am
the same broker offer PAMM managers too, to invest with...(though no mention those managers has any skin in the game)
yay!!
have a look, http://www.forextime.com/forex-inves...program/rating

where are the supertraders? here they could charge 20-30% fee on all profit?
I am sure no time would find 1000s of greedy guys to sign up for 1000% monthly return, now how much they could make there?!
there is always, always another trade!!
  • #276
  • Jul 24, 2015 12:03pm Jul 24, 2015 12:03pm
No 1 has only 100% ROE all time return?? mmmm... better go to sleep now
It is the dust where you came from & it is the dust where you shall return
  • #277
  • Jul 24, 2015 5:45pm Jul 24, 2015 5:45pm
The Op stop trading already? Hmmm..
  • #278
  • Jul 24, 2015 10:42pm Jul 24, 2015 10:42pm
Is this correct? I am very much new in Supply & Demand... its EUR/USD on H1 chart

My SL should be a bit up than it is right now... i guess

Attached Image (click to enlarge)
Click to Enlarge Name: dum.png Size: 107 KB
It is the dust where you came from & it is the dust where you shall return
  • #279
  • Jul 25, 2015 12:03am Jul 25, 2015 12:03am
Take a look... I wont say anything: http://www.forexfactory.com/antoinef...explorer.44444

but yet again his all time return is -27% lolzz
It is the dust where you came from & it is the dust where you shall return
  • #280
  • Jul 25, 2015 1:00am Jul 25, 2015 1:00am
Quoting infernal199
Take a look... I wont say anything: http://www.forexfactory.com/antoinef...explorer.44444 but yet again his all time return is -27% lolzz
idk, but if you like to learn something, maybe try to pick TE's like this guy...
live, looks consistant too, though not fit into the 200% a week category.
http://www.forexfactory.com/mramazin...explorer.55683
there is always, always another trade!!
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