Rags to Riches in 10 or 20 Trades - Simplicity at its finest | Page 97 | Forex Factory

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

  • #1,921
  • Nov 5, 2015 3:54am Nov 5, 2015 3:54am
Quoting RBlackburn
{quote} ...you handle it well.
I always try
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,922
  • Edited 4:35am Nov 5, 2015 4:15am | Edited 4:35am
EDIT nvm.
I trade.
I have no other motives. People believe and do what you want.
  • #1,923
  • Nov 5, 2015 8:01am Nov 5, 2015 8:01am
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.
  • #1,924
  • Nov 5, 2015 8:43am Nov 5, 2015 8:43am
Quoting Atokys
{quote} 1% a day is literally possession of the Holy Grail of Trading.
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,925
  • Nov 5, 2015 12:02pm Nov 5, 2015 12:02pm
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.
  • #1,926
  • Nov 5, 2015 5:03pm Nov 5, 2015 5:03pm
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.
  • #1,927
  • Edited 5:04am Nov 6, 2015 3:56am | Edited 5:04am
Edit - Whoops, sorry, posted in wrong thread.
  • #1,928
  • Nov 6, 2015 5:55am Nov 6, 2015 5:55am
Happy to have you here, madlu
It's in fear when people show what they truly value.
  • #1,929
  • Nov 8, 2015 11:30pm Nov 8, 2015 11:30pm
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.
  • #1,930
  • Nov 8, 2015 11:35pm Nov 8, 2015 11:35pm
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
  • #1,931
  • Nov 9, 2015 1:01am Nov 9, 2015 1:01am
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?
  • #1,932
  • Nov 9, 2015 1:09am Nov 9, 2015 1:09am
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
  • #1,933
  • Nov 9, 2015 1:28am Nov 9, 2015 1:28am
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.
  • #1,934
  • Nov 10, 2015 7:33am Nov 10, 2015 7:33am
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 !!!!!
  • #1,935
  • Nov 10, 2015 7:40am Nov 10, 2015 7:40am
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.
  • #1,936
  • Nov 10, 2015 8:49am Nov 10, 2015 8:49am
sorry but what a load of absolute crap!!!!!!
  • #1,937
  • Edited 11:22am Nov 10, 2015 10:42am | Edited 11:22am
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.
  • #1,938
  • Nov 10, 2015 10:54am Nov 10, 2015 10:54am
nice Thread man , will come back for reading @weekend , congrats .
  • #1,939
  • Nov 10, 2015 11:52am Nov 10, 2015 11:52am
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
  • #1,940
  • Nov 10, 2015 12:01pm Nov 10, 2015 12:01pm
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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