I see it all in between ...
Finally, the day I became a Break even 
trader just arrived ... 
I'm aspired to become medium term trader, but because my fear issues (from the first post ...
) (which is for months i try & keep trying to get rid of it ... but it just still there ... 
) I end up become a very cheap scalper ... 
nevertheless I'm happy about the progress and willing to stay on the (scalper) route while i keep working on my psychological issue and get rid of the fear ...
And i want to say Big Thank You
for all FF members here, which is many that i considered as my mentor ... especially everyone in my Subscriptions list 
... ( albchr , Aws1962 , Ken A , Graviton , PipTrapper , JacobFordFX , Spreadbetter , MarcChandler )
Cheers ...
trader just arrived ... I'm aspired to become medium term trader, but because my fear issues (from the first post ...
) (which is for months i try & keep trying to get rid of it ... but it just still there ... ) I end up become a very cheap scalper ... nevertheless I'm happy about the progress and willing to stay on the (scalper) route while i keep working on my psychological issue and get rid of the fear ...
And i want to say Big Thank You
for all FF members here, which is many that i considered as my mentor ... especially everyone in my Subscriptions list ... ( albchr , Aws1962 , Ken A , Graviton , PipTrapper , JacobFordFX , Spreadbetter , MarcChandler )Cheers ...
I see it all in between ...
> The next thing (after account break even) in my to do list is to increase my risk tolerant per trade ...
For months back I was using Super Conservative $1 risk per 10 pips => 0.01 lot ...
I want to increase that number into a (plain) Conservative $1 risk per pip => 0.1 lot ... Gradually,
...
Wish me luck ...
For months back I was using Super Conservative $1 risk per 10 pips => 0.01 lot ...
I want to increase that number into a (plain) Conservative $1 risk per pip => 0.1 lot ... Gradually,
...Wish me luck ...
I see it all in between ...
Made very bad decision on last friday (NFP), trade to many pairs that was correlated directly with the nfp news (EU, AU, NU, GU), but luckyly i'm able to close the day with +3 pip net ... 
After a long thought, i think i'll go with 0.05 lot as my maximum ... which give me a $5 / 10 pips stop loss ...
I want to increase that number into $1 risk per pip => 0.1 lot ... Gradually
I see it all in between ...
- #48
- Oct 24, 2014 1:18pm Oct 24, 2014 1:18pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
> I decide to stay with 0.01 lot for a while, because i still make many mistake, ...> need to find an ideal way to calculate profit target ... > try to raise my RR ratio ... 1:1.5 ... {image}
You're on the right track by the looks of it.
Do that consistently for a few months and then you'll feel the confidence that will allow you to increase lot size. There is no rush.
Those who say it cannot be done should not interrupt those who are doing it
THX, Good work on your thread so far. I have a few tips: 1. I assume you aren't relying on FX for income, so, reduce to one pair, maybe a second one that's correlated for now. Your results indicate "scatter" 2. Based on the size account, my opinion would be to have only a couple of trades at a time. 3. Make a list of realistic and attainable goals for yourself. Once you've reached them, then you can set new ones that stretch you a little more. Some examples: - My first goal: close two weeks of trading in a month with 1% gains. - Once you've done...
Thanks for stopping by
, greatly appreciated. and thanks a lot for the advice ... i really-really-really need that ... and thanks also for the subscription, although i'm not sure if i can be useful to you ...
...Many Thanks.
I see it all in between ...
{quote} Hi friend,
"Holy Grail" exists - accepting where is the first step.
- #53
- Dec 8, 2014 8:57am Dec 8, 2014 8:57am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} All of us here are running the same marathon - we're all just "on the course" at different spots..and if we all worked a little more on passing batons around, well, we all just might accomplish what we're here to accomplish...
Those who say it cannot be done should not interrupt those who are doing it
...
..
{quote} Thanks Thx for the reply, You are right I should wait until I understand Forex Trading, for I have already made big loses. If there is similar indicators for MT5 or any other not complex method of trading such as this one please share. Thank again for the reply Thx
Hope you dont mind, i reply your Q here ... just dont want to cluttering that thread with out of topic discussion like this ..
there are lots of simple method here on FF, but i cant recommend any of them though, because i dont know if that certain method is profitable or not ...
But, i do recommend you to build your own trading system (so you completely understand the system weakness)
Just to remember, all system if you follow as is will have ups and down, sometimes you may get lucky sometimes not, so i believe the key is to be able to read the market condition (which condition that perfect for your sys .. etc).
My broker is charging $38 per transaction that is $19 on entry and $19 on close, whatever the lot size is (0.1 lot to 8 lot).
I see it all in between ...
