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Rags to Riches Game! Anyone want to join?

  • #21
  • Jul 23, 2016 6:11pm Jul 23, 2016 6:11pm
Quoting Gbp/jpy
Outstanding display of horsepower.....and your logic is perfect with the banks...... and the big money is made at the turns. So we split the difference between size of the money out there in limbo and the policy of stop losses or stop hunts on retail brokers......like if they honor the stop in a huge slip {quote}
I usually give more margin, just in case I see a good trade to enter.
  • #22
  • Jul 23, 2016 6:12pm Jul 23, 2016 6:12pm
Quoting jgadefelth
Yea i know this is trading journal but can i ask about your strategy ? how do you enter and exit in profit and in lose ? If you dont want to post it here you can pm me please. Best regards
I may share the reason why I enter trade from time to time.
  • #23
  • Jul 23, 2016 8:04pm Jul 23, 2016 8:04pm
Amazing results. Would you say you are more of a swing trader ?
It will indeed be most interesting to get an idea of your strategy that you follow for your trades.
In the meantime. thank you for sharing your TE.
Live life king size !
  • #24
  • Jul 24, 2016 1:19am Jul 24, 2016 1:19am
Quoting foxtrader16
Amazing results. Would you say you are more of a swing trader ? It will indeed be most interesting to get an idea of your strategy that you follow for your trades. In the meantime. thank you for sharing your TE.
Depending how you define swing trader?

Is hard but I may share from time to time. Easier is to follow the trade on your own account using copier.
  • #25
  • Jul 24, 2016 2:26pm Jul 24, 2016 2:26pm
Quoting keziahpie
{quote} Easier is to follow the trade on your own account using copier.
That is if the copier can afford to lay &2000.00 on the line
Let it turn and find your entry.
  • #26
  • Jul 24, 2016 4:41pm Jul 24, 2016 4:41pm
Quoting Intrepidpips
{quote} That is if the copier can afford to lay &2000.00 on the line
I would rather understand the rationale and see if that works for me.
On the other hand, there is something called micro lots and lower leverage.
Live life king size !
  • #27
  • Jul 24, 2016 7:35pm Jul 24, 2016 7:35pm
for me Pepperstone > Forex.com
  • #28
  • Jul 24, 2016 7:39pm Jul 24, 2016 7:39pm
Quoting keziahpie
We always have people that tell us that we need to manage risk and money management like risk per trade should be 2 to 3% per trade and overall draw-down should be less than 20% SO the account will not crash or margin call. Yes, I totally agreed but if your account is a BIG account. Meaning a 10 pips win/loss really means something to you like FX Viper. If you ask any trader, will they prefer to put their money in their local bank or broker account? I think 7 out of 10, would say local bank! My trading style and radical money management! I will...
If you have the ability to turn 10k to 100k do it.
Don't limit yourself.
Don't think that the broker will take away your money. If so change broker.
However i don't have a problem with Pepperstone
  • #29
  • Jul 24, 2016 7:43pm Jul 24, 2016 7:43pm
Quoting keziahpie
We always have people that tell us that we need to manage risk and money management like risk per trade should be 2 to 3% per trade and overall draw-down should be less than 20% SO the account will not crash or margin call. Yes, I totally agreed but if your account is a BIG account. Meaning a 10 pips win/loss really means something to you like FX Viper. If you ask any trader, will they prefer to put their money in their local bank or broker account? I think 7 out of 10, would say local bank! My trading style and radical money management! I will...
Just tell you straight up , For me in person FOREX.COM is a scam
If you want to start a larger account don't be with them any longer.

Why not go with FXpro..
  • #30
  • Jul 25, 2016 12:39am Jul 25, 2016 12:39am
Quoting foxtrader16
{quote} I would rather understand the rationale and see if that works for me. On the other hand, there is something called micro lots and lower leverage.
Yup, one can always follow at even $500. No problem at all. Even $100.
  • #31
  • Jul 25, 2016 12:40am Jul 25, 2016 12:40am
Quoting TwFXtrader
{quote} If you have the ability to turn 10k to 100k do it. Don't limit yourself. Don't think that the broker will take away your money. If so change broker. However i don't have a problem with Pepperstone
Im fine with this broker but will do more research
  • #32
  • Jul 25, 2016 4:22am Jul 25, 2016 4:22am
Wow for some one starting out , you are sure doing well now !

Keep up the good work !
  • #33
  • Jul 25, 2016 4:30am Jul 25, 2016 4:30am
Quoting MarkChew
Wow for some one starting out , you are sure doing well now ! Keep up the good work !
I am working with some missionaries in myanmar now. See if you are willing to spread the profits & spiritual love.
  • #34
  • Jul 25, 2016 6:00am Jul 25, 2016 6:00am
Quoting keziahpie
{quote} Depending how you define swing trader? Is hard but I may share from time to time. Easier is to follow the trade on your own account using copier.
I as well would love to know more about your system! And then join the fun!

Congrats on your results!
  • #35
  • Jul 25, 2016 8:14am Jul 25, 2016 8:14am
Quoting surfac
{quote} I as well would love to know more about your system! And then join the fun! Congrats on your results!
Just a normal swing trade set up with price action. Simple support and resistance and trendline. The only difference is the money mgt.
  • #36
  • Jul 25, 2016 4:30pm Jul 25, 2016 4:30pm
Quoting keziahpie
{quote} Just a normal swing trade set up with price action. Simple support and resistance and trendline. The only difference is the money mgt.
A picture or some please a worth 1000 words.

Best regards
  • #37
  • Jul 26, 2016 10:57am Jul 26, 2016 10:57am
Withdraw 10k and will maybe post some trades BUT it may not be a live trade
  • #38
  • Jul 27, 2016 10:25am Jul 27, 2016 10:25am
Short SP500! Will show chart later
  • #39
  • Jul 28, 2016 6:23am Jul 28, 2016 6:23am
Quoting keziahpie
Short SP500! Will show chart later
Yes please post charts no matter if it is in realtime or not. Thanks.

Best regards
  • #40
  • Jul 29, 2016 1:53am Jul 29, 2016 1:53am
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