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From $1000 to $50000 Journey

  • #61
  • Apr 23, 2015 1:06pm Apr 23, 2015 1:06pm
give it a short break , don't stay too long away from the market
  • #62
  • Apr 28, 2015 10:43am Apr 28, 2015 10:43am
Quoting tafadzwa02
give it a short break , don't stay too long away from the market
The break is going to be 30 days long, after that will continue from where i stop, I watch u go through this route last year, days ure trigger happy and many times you cried, its so emotional and same time inspirational but in the end you came out a winner.
  • #63
  • Feb 10, 2016 2:39pm Feb 10, 2016 2:39pm
Guess following the trend is better than going against the trend
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  • #64
  • Feb 11, 2016 11:31am Feb 11, 2016 11:31am
Going with the flow is a lot better ....
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  • #65
  • Apr 2, 2016 5:16pm Apr 2, 2016 5:16pm
The nEXT bIG tHING, going to keep it simple and be discipline
  • #66
  • Apr 27, 2016 2:56pm Apr 27, 2016 2:56pm
Digging myself out of this mess
  • #67
  • Apr 28, 2016 9:18am Apr 28, 2016 9:18am
We are all guilty of this when starting out as new traders, we projected that it would only take a few years to turn a few hundred or thousand Dollars into a huge pile of cash and quit our day jobs. Having unrealistic goals quickly leads to frustration when those expectations aren’t met. The quitting rate for new traders is astronomical (40% quit within 1 month) and one of the main reasons are probably wrong ideas and expectations, turning $1000 to $50000 has no exception but nothing bad in dreaming big.
  • #68
  • May 1, 2016 8:09am May 1, 2016 8:09am
Quoting macsoj
We are all guilty of this when starting out as new traders, we projected that it would only take a few years to turn a few hundred or thousand Dollars into a huge pile of cash and quit our day jobs. Having unrealistic goals quickly leads to frustration when those expectations arent met. The quitting rate for new traders is astronomical (40% quit within 1 month) and one of the main reasons are probably wrong ideas and expectations, turning $1000 to $50000 has no exception but nothing bad in dreaming big.
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When the going gets tough , the tough get going
  • #69
  • May 1, 2016 9:36am May 1, 2016 9:36am
Quoting Stubborn
{quote} {image}
Thanks man for that, we compare our self to other and loose track, the journey is not for the strong or even not for the most knowledgeable rather its for those that know them self.
  • #70
  • May 6, 2016 1:31pm May 6, 2016 1:31pm
Huge DD on the account this week but a quick recovery as well, hope next week we be a good and profitable week.
  • #71
  • May 17, 2016 2:19pm May 17, 2016 2:19pm
Quote from a friend of mine "Your worth as a trader is today's trading statement, it is re-calculated daily."
  • #72
  • May 19, 2016 4:32pm May 19, 2016 4:32pm
Hi Macsoj,

And your account, how is going?
  • #73
  • Edited 11:48am May 20, 2016 11:16am | Edited 11:48am
Quoting vhervatin
Hi Macsoj, And your account, how is going?
Account is growing slowly and the equity curve looks promising
  • #74
  • May 20, 2016 2:14pm May 20, 2016 2:14pm
Watch out for the dreaded 90/90/90... 90% of retailers lose 90% of their money in 90 days. Heard that one on the Quora website.

Also: in the beginning, just work on sticking to your guns and being consistent. I work on multiple systems at once so I just let enough of them run as I should - I have more experiments and sometimes will cull out what fails after awhile then keep the good going. I'm a pretty computerized trader though.
  • #75
  • May 20, 2016 2:21pm May 20, 2016 2:21pm
Very nice, Can you show to us?

It´s motivator!

Quoting macsoj
{quote} Account is growing slowly and the equity curve looks promising
  • #76
  • May 20, 2016 3:08pm May 20, 2016 3:08pm
Quoting vhervatin
Very nice, Can you show to us? Its motivator! {quote}
The strategy is mainly base on a reversal breakout, send me a pm and i will explain better. Thanks
  • #77
  • May 26, 2016 9:31am May 26, 2016 9:31am
Market in a range mode but no matter if it trend or range account equity will be just fine, this is called stress free trading.
  • #78
  • Jun 2, 2016 9:39am Jun 2, 2016 9:39am
The moment you forget about everything you know about Forex market and stick to the basic like timing, entry, exit, and money management, then you will be at the level that I called stress free trading.
  • #79
  • Jun 2, 2016 11:00pm Jun 2, 2016 11:00pm
I'm just curious, what leverage do you trade with? (on average)
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #80
  • Jun 8, 2016 12:00pm Jun 8, 2016 12:00pm
Quoting aroxalot
I'm just curious, what leverage do you trade with? (on average)
I have an account up to 400:1 leverage but depend on market volatility, average leverage around 40 to 150
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