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  • #1,068,501
  • May 26, 2016 2:16pm May 26, 2016 2:16pm
Quoting Hairi
{quote} Haha misunderstanding then. Goodnight. Got to wake up for Asia session. Friday's direction.
interesting
  • #1,068,502
  • May 26, 2016 2:16pm May 26, 2016 2:16pm
Quoting Don96
{quote} killerwhale shall tell you differently I'm sure I mean those solo guys... if they are good, then really, depending on age I suppose shouldn't need a job? or is their job because they enjoy what they do? or does their job offer more income? or is it that they live in UK and forex is secondary income and tax free? I mean shittt they should be paying themselves, all this x amount per month, is that just a modern day myth? how many forex millionaires are there that play to this ? if the trade is there and its one you would take if you were into...
This is my job. I pay myself just fine. But the institutional guys get paid to watch screens and make only prime trades, so they dont have the same need or fire to be in a trade to earn money to feed themselves or keep a roof over their head. They are earning regardless. Unless they just blow then they will not be earning shit after a few months of that.

Trading solo is a very isolating thing. Its you and your computer. You live and die by it. And while that is very liberating it is a big mental game at the same time to not over trade and not revenge trade and to only trade what you consider to be the prime trade even after watching a few could be trades turn into monsters and your prime trade turn into a loser. Its not easy to do that when you dont have an institution supplementing income.
  • #1,068,503
  • May 26, 2016 2:19pm May 26, 2016 2:19pm
Quoting Raa
{quote} I am still in as well. {image}
Are you in until 1.1220?
  • #1,068,504
  • May 26, 2016 2:19pm May 26, 2016 2:19pm
Quoting raiders
{quote} This is my job. I pay myself just fine. But the institutional guys get paid to watch screens and make only prime trades, so they dont have the same need or fire to be in a trade to earn money to feed themselves or keep a roof over their head. They are earning regardless. Unless they just blow then they will not be earning shit after a few months of that. Trading solo is a very isolating thing. Its you and your computer. You live and die by it. And while that is very liberating it is a big mental game at the same time to not over trade and...
but if you are good, then you don't need to be trading constantly to make more than enough money, who wants to be in this to make an income? who wants to be in this make a fortune?
  • #1,068,505
  • May 26, 2016 2:25pm May 26, 2016 2:25pm
Quoting KillerWhale
{quote} You're not even close to be reliable to me. You started 8 threads, obviously with no success, you have very little experience and you don't even come close to what I would say is a good source of information.
Yes, I was through many failures and 5 years are not enough good time, I am not pro. But now finally I understand how to trade and now all what I need is experience.
  • #1,068,506
  • May 26, 2016 2:27pm May 26, 2016 2:27pm
Quoting Don96
{quote} but if you are good, then you don't need to be trading constantly to make more than enough money, who wants to be in this to make an income? who wants to be in this make a fortune?
I agree you dont need to trade constantly. But when its all you do to earn your mind will tell you other wise. And when you have a loser the hardest thing to do is to not trade to try and make back what you lost.
I dont think anyone that trades any instrument is doing it because they want to be comfortable. They are doing it because they want "IT". Whatever they consider "IT" to be. They strive for wealth
  • #1,068,507
  • May 26, 2016 2:28pm May 26, 2016 2:28pm
Quoting raiders
{quote} This is my job. I pay myself just fine. But the institutional guys get paid to watch screens and make only prime trades, so they dont have the same need or fire to be in a trade to earn money to feed themselves or keep a roof over their head. They are earning regardless. Unless they just blow then they will not be earning shit after a few months of that. Trading solo is a very isolating thing. Its you and your computer. You live and die by it. And while that is very liberating it is a big mental game at the same time to not over trade and...
Trading lately became very boring for me. Always same patterns/situations only outcomes are different.
  • #1,068,508
  • May 26, 2016 2:30pm May 26, 2016 2:30pm
Quoting Raa
{quote} Yes, I was through many failures and 5 years are not enough good time, I am not pro. But now finally I understand how to trade and now all what I need is experience.
Yeah, at least 5 more years
New voice message: Why are you calling me? If I need you, I'll call you!
  • #1,068,509
  • May 26, 2016 2:33pm May 26, 2016 2:33pm
Quoting micho
{quote} impressive, too bad everything is being sold to india these days
Quite right about that.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #1,068,510
  • May 26, 2016 2:36pm May 26, 2016 2:36pm
Quoting Raa
{quote} Trading lately became very boring for me. Always same patterns/situations only outcomes are different.
The past 2 weeks have been pretty strange as far as how i like to trade. So ive cut it back alot. GU i cant seem to find solid direction on and its my favorite currency to trade. EU and AU trended perfectly. So much so that the long runs have been puzzling to me and yet GU was tossed around like a doll. UJ spent an entire week flopping around like a dead fish. Just today i think its given me a chance to go short on it well see how it plays out once i do get in.

I think the cleanest movement all week was EA. Its been like reading a map. But thats just the way it goes. Sometimes everything moves together and other times it doesnt. So you gotta adapt to what the market gives you because the market sure as hell wont adapt to you.
  • #1,068,511
  • May 26, 2016 2:38pm May 26, 2016 2:38pm
Quoting KillerWhale
{quote} Yeah, at least 5 more years
5 years at least.I agree..After you will start having some profits and all depends on how much time you spend daily on online fx trading..Any one has the same experience? I was always curious to know how much time took to the online traders to start making some money
The difference between gambling and speculating is risk management
  • #1,068,512
  • May 26, 2016 2:39pm May 26, 2016 2:39pm
Quoting raiders
{quote} I agree you dont need to trade constantly. But when its all you do to earn your mind will tell you other wise. And when you have a loser the hardest thing to do is to not trade to try and make back what you lost. I dont think anyone that trades any instrument is doing it because they want to be comfortable. They are doing it because they want "IT". Whatever they consider "IT" to be. They strive for wealth
hardest thing to do probably, i had it a lot in the past, not so much now​
  • #1,068,513
  • May 26, 2016 2:41pm May 26, 2016 2:41pm
Quoting Megatanit
{quote} 5 years at least.I agree..After you will start having some profits and all depends on how much time you spend daily on online fx trading..Any one has the same experience? I was always curious to know how much time took to the online traders to start making some money
there is no requirement as to how much xp you need before you make money
  • #1,068,514
  • May 26, 2016 2:45pm May 26, 2016 2:45pm
Quoting Don96
{quote} there is no requirement as to how much xp you need before you make money
I agree
  • #1,068,515
  • May 26, 2016 2:48pm May 26, 2016 2:48pm
Quoting Don96
{quote} there is no requirement as to how much xp you need before you make money
True.And you must be ready to lose a lot of money using real accounts.I have tried many times using demo accounts,but only real accounts only can give better results. You just need to start with micro accounts till you feel confident.
The difference between gambling and speculating is risk management
  • #1,068,516
  • May 26, 2016 2:53pm May 26, 2016 2:53pm
Quoting Megatanit
{quote} 5 years at least.I agree..After you will start having some profits and all depends on how much time you spend daily on online fx trading..Any one has the same experience? I was always curious to know how much time took to the online traders to start making some money
It took me 3 years to consistently being in profit, but it doesn't have to be that hard.
I'm just very stubborn and that's why it took me longer than necessary.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #1,068,517
  • May 26, 2016 2:56pm May 26, 2016 2:56pm
Quoting KillerWhale
{quote} It took me 3 years to consistently being in profit, but it doesn't have to be that hard. I'm just very stubborn and that's why it took me longer than necessary.
what is your view on equities SP 500 or/and dax?
  • #1,068,518
  • May 26, 2016 3:01pm May 26, 2016 3:01pm
Quoting KillerWhale
{quote} It took me 3 years to consistently being in profit, but it doesn't have to be that hard. I'm just very stubborn and that's why it took me longer than necessary.
3 years wow well done! Many people suggest to live in a cheap country to have a proper lifestyle if they are full time online traders.However I think it's all depends how much money you invest and how much profit you can make..
The difference between gambling and speculating is risk management
  • #1,068,519
  • May 26, 2016 3:07pm May 26, 2016 3:07pm
Quoting Don96
{quote} what is your view on equities SP 500 or/and dax?
Up, but slow, need patience, more than I can give it.

I loved stocks in 2008, I bought Citibank for $1 and sold for $4, Bank of America, bought for $4 and sold for $16, General Electric, ADP and other Fortune 500 companies. Oh lets not forget Google for $275 after it came down from $650 and I sold it for over $1,000.
It was a wild time back then, I made my profits, but not going into anything right now.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #1,068,520
  • May 26, 2016 3:09pm May 26, 2016 3:09pm
Quoting KillerWhale
{quote} Up, but slow, need patience, more than I can give it. I loved stocks in 2008, I bought Citibank for $1 and sold for $4, Bank of America, bought for $4 and sold for $16, General Electric, ADP and other Fortune 500 companies. Oh lets not forget Google for $275 after it came down from $650 and I sold it for over $1,000. It was a wild time back then, I made my profits, but not going into anything right now.
up on SP and Dax? do you follow gator?
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