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Attachments: Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Quoting RBlackburn
{quote} ...you handle it well.
I always try
MT4/MT5 EAs/Indicators/Alerts coder
EDIT nvm.
I trade.
I have no other motives. People believe and do what you want.
Quoting peregrine
1% a day as in your various posts examples will take a long time.
1% a day is literally possession of the Holy Grail of Trading.
Quoting Atokys
{quote} 1% a day is literally possession of the Holy Grail of Trading.
MT4/MT5 EAs/Indicators/Alerts coder
Quoting Atokys
{quote} 1% a day is literally possession of the Holy Grail of Trading.


It is! and it will give you all the money you ever need.
Persistence will get it. Consistency will keep it.
1% a day and the worlds financial elite would be fawning over your greatness. There would come a point where this would not be possible because of the amount of money involved but fun to think of all the same.
Edit - Whoops, sorry, posted in wrong thread.
Happy to have you here, madlu
It's in fear when people show what they truly value.
Thanks FerruFX for monitoring this thread for the past years...
I don't have the patience for that


Just lost $8k trying to GO FOR IT (6 net winners). Now I think I want to pull all profit and restart
I don't have the emotional/mental strength to go for 9 Net Winners... I'm happy with 4 or 5, then I pull my profit and restart



$500 baseline (risk 50%)

bet $250, profit $500, acc = $1000
bet $500, profit $1000, acc = $2000
bet $1000, profit $2000, acc = $4000
bet $2000, profit $4000, acc = $8000
bet $4000, profit $8000, acc = $16000
bet $8000, LOSS $8000, account = $8000... take those profits and restart.
Be hopeful in a winning position, and fearful in a losing position.
Quoting Rag2RichesFX
Thanks FerruFX for monitoring this thread for the past years... I don't have the patience for that
MT4/MT5 EAs/Indicators/Alerts coder
Quoting Rag2RichesFX
Thanks FerruFX for monitoring this thread for the past years... I don't have the patience for that Just lost $8k trying to GO FOR IT (6 net winners). Now I think I want to pull all profit and restart I don't have the emotional/mental strength to go for 9 Net Winners... I'm happy with 4 or 5, then I pull my profit and restart $500 baseline (risk 50%) bet $250, profit $500, acc = $1000 bet $500, profit $1000,...
So you are actually doing what I said. If you people want to be pendantic on it fine. I don't see how you are going for nwt on the posted example. Would it not be prudent as I suggested to go to a lower % risk once you get to a certain level? Like 4to7 consecutive winners. 1000 to 16000 in 5 trades is impressive. What is your average net in pips per trade?
Quoting peregrine
{quote} So you are actually doing what I said. If you people want to be pendantic on it fine.
Are you seriously challenging the author of this thread about what he just wrote few minutes ago ???

You still think you are right with your "consecutive" wins ... while he clearly wrote he is looking for NET wins. Are you not able to read his post ?

I am not saying you can't go with your way ... just that you should stop insulting people here trying to tell them they are wrong.
MT4/MT5 EAs/Indicators/Alerts coder
Quoting FerruFx
{quote} Are you seriously challenging the author of this thread about what he just wrote few minutes ago ??? You still think you are right with your "consecutive" wins ... while he clearly wrote he is looking for NET wins. Are you not able to read his post ? I am not saying you can't go with your way ... just that you should stop insulting people here trying to tell them they are wrong.
Couldn't agree more
Persistence will get it. Consistency will keep it.
Quoting She1
{quote} That's so easy to say risk 50% and take profit 100%, if any body could trade like that, he wouldn't need your fantastic solution.
If you start with a balance of $100, and your stomach can not take a loss of $50, get out of this business is not for you !!!!!
Quoting chaveznqoos
{quote} If you start with a balance of $100, and...
Your post could just stop here.

If you start with such a small stake you won't be able to run any kind of sustainable strategy. Not to mention such a person probably was never serious about trading in the first place.
sorry but what a load of absolute crap!!!!!!
Of course its achievable.. you just need excellent entry skills.. get a grip guys for goodness sake... I hate trolls. If you cant get great entry's then YOU aint all that boyyyy... are ya.. so don't diss da host...aiiiit and go learn to trade. Agree edyraper nice thread man, He who dare's wins.
FREEDOM IS SECURITY.
nice Thread man , will come back for reading @weekend , congrats .
Guys... please pause for a moment. Thank you.

Before I go from Rags to Riches... (dreaming is free) Please recommend an ideal broker for those people who just started to learn Forex Trading <<< Like me!

Currently looking at the following...
OANDA
XM
AshokFX (MercerMarkets)

With regards to managing my trades, I'm still having second thoughts of strictly following the risk-reward-ratio... as I might miss some potential trades on a clear (not crystal) setup for going long or short at times.

Also, what is the best chart setup for you guys? Below is the current one that I have since I joined FF wherein I gather some indicators here and try to learn how it will provide me an informed logical probability before I go for long or short.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 86 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
Quoting v2vboni
Guys... please pause for a moment. Thank you. Before I go from Rags to Riches... (dreaming is free) Please recommend an ideal broker for those people who just started to learn Forex Trading <<< Like me! Currently looking at the following... OANDA XM AshokFX (MercerMarkets) With regards to managing my trades, I'm still having second thoughts of strictly following the risk-reward-ratio... as I might miss some potential trades on a clear (not crystal) setup for going long or short at times. Also, what is the best chart setup for you guys?...
Fucking hell.
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