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Attachments: 50 to 22000 in one week
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50 to 22000 in one week

  • #681
  • Aug 31, 2016 8:52am Aug 31, 2016 8:52am
Attached Image (click to enlarge)
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  • #682
  • Aug 31, 2016 8:53am Aug 31, 2016 8:53am
Quoting geminicz
I think that a lot of people totally missed main point of this thread: effort for massive gain through high risk trading with little starting capital. It is not about risk control, capital protection etc. It is about aggressive trading, milking the cow to the maximum. In the worst case he lose 50 bucks. Nevermind, life goes on... BagXpert - great thread!
Also is about an very high risk control and capital protection, to achieve target.
  • #683
  • Aug 31, 2016 8:57am Aug 31, 2016 8:57am
Quoting abokwaik
{quote} Formula 1 drivers use "Brakes" when necessary.
What do you mean? What is a brake in forex? A SL?!?
Maybe you have not paid a good attention, but the F1 drivers quite rarely do a full stop (not moving). They take curves with super high speeds. So, how exactly brakes are to be applied in trading, according to you?
For example, as brakes, I use limit orders, opposite to the movement's direction. That is my understanding of brakes in forex. Having many enemies here at FF because of that approach...

One very smart trader, here on FF, once said about the use of SLs (which I also happen to use, but try to avoid at all possible costs): "Using Stop Losses?!? This is a Stop Loss management, not Money Management"...
Maadik Hugiis. IQ 69.
  • #684
  • Aug 31, 2016 9:09am Aug 31, 2016 9:09am
Very colorful chart Fernand but what is it predicting for you you make no comment.
  • #685
  • Aug 31, 2016 9:14am Aug 31, 2016 9:14am
This thread inspired me for another idea that I would like to share with you or with people who would take risk. May be it's not a new idea! I never tried it, but I will this Friday.
Simply open two accounts with the same amount (i.e. $500) with brokers allowing high leveraging and trade them only when we have an important news (i.e., NFP this Friday) (by the way every week we have news). Open a buy for one account and a sell for the other just 1-2 minutes before the news for the same pair/gold/oil and for the same level. You will blow out one account that is your risk and make money on the other. It's hedging through two accounts. Good luck!
  • #686
  • Aug 31, 2016 9:15am Aug 31, 2016 9:15am
Oh no another close below average this one could be the killer
  • #687
  • Aug 31, 2016 9:18am Aug 31, 2016 9:18am
Quoting Fadhl
This thread inspired me for another idea that I would like to share with you or with people who would take risk. May be it's not a new idea! I never tried it, but I will this Friday. Simply open two accounts with the same amount (i.e. $500) with brokers allowing high leveraging and trade them only when we have an important news (i.e., NFP this Friday) (by the way every week we have news). Open a buy for one account and a sell for the other just 1-2 minutes before the news for the same pair/gold/oil and for the same level. You will blow out one account...
Easy.In 1 account put 2 limits order before news, 1 for short 1 for long. 20 pips from price.
  • #688
  • Aug 31, 2016 9:19am Aug 31, 2016 9:19am
bagXpert...keep holding long mate....the raid on stop had ended... my2cents
"What would you attempt to do, if you knew your success was a certainty?"
  • #689
  • Aug 31, 2016 9:28am Aug 31, 2016 9:28am
Quoting bagXpert
{quote} No. I win 170 usd (200 usd withdrawal this morning)
so what secret you are hiding friend?
  • #690
  • Aug 31, 2016 9:31am Aug 31, 2016 9:31am
Oh dear stopped out... Never mind Bags it gave you a good run for your money.

I can't work out why you are buying tops and selling bottoms, you must get through a lot of underpants.
  • #691
  • Aug 31, 2016 9:31am Aug 31, 2016 9:31am
Quoting MoneyZilla
{quote} Maybe you have not paid a good attention, but the F1 drivers quite rarely do a full stop (not moving). They take curves with super high speeds.
Boom, next margin call, third in 2 days and whole profit for the day is gone.

Talking about F1, this style reminds me Japanese Bullet - Kobayashi. He also does not use breaks:

https://www.google.com.au/url?sa=i&r...72737593469771
  • #692
  • Aug 31, 2016 9:31am Aug 31, 2016 9:31am
market will again rise till 10644 so again emotional decision
to control this trade margin should b sufficient to hold trade till 10644
dont know why he breaking his ground rule?
if he fund ac more 36€ he can earn from this trade
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #693
  • Aug 31, 2016 9:32am Aug 31, 2016 9:32am
Quoting Tim_isoara
{quote} Easy.In 1 account put 2 limits order before news, 1 for short 1 for long. 20 pips from price.
been there done that,i will give you free advise,the idea sounds good in theory but most of the time the market screws you both ways the only way to gain from such a trading strategy is for you to a have proper money management strategy.
100% KENYAN.
  • #694
  • Aug 31, 2016 9:34am Aug 31, 2016 9:34am
Quoting Tim_isoara
{quote} Easy.In 1 account put 2 limits order before news, 1 for short 1 for long. 20 pips from price.
When the news comes out your SL won't be considered at the price you fixed particularly when you have a shoot. At least my broker!
In addition, your opposite order will be canceled systematically. No you cannot do it with the same account.
  • #695
  • Aug 31, 2016 9:35am Aug 31, 2016 9:35am
[quote=Fadhl;9112021]This thread inspired me for another idea that

you should be arrested for that post, how ridiculous or are you trying to raise a laugh.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #696
  • Aug 31, 2016 9:38am Aug 31, 2016 9:38am
[quote=billytt;9112068]
Quoting Fadhl
This thread inspired me for another idea that you should be arrested for that post, how ridiculous or are you trying to raise a laugh.
lmao....
  • #697
  • Aug 31, 2016 9:40am Aug 31, 2016 9:40am
Quoting MoneyZilla
{quote} What do you mean? What is a brake in forex? A SL?!? Maybe you have not paid a good attention, but the F1 drivers quite rarely do a full stop (not moving). They take curves with super high speeds. So, how exactly brakes are to be applied in trading, according to you? For example, as brakes, I use limit orders, opposite to the movement's direction. That is my understanding of brakes in forex. Having many enemies here at FF because of that approach... One very smart trader, here on FF, once said about the use of SLs (which I also...
Driver applies brakes to slow down the car when road direction is changing. He doesn't have to make a full stop, or turn-off the engine.
Slowing down using brakes and loosing few seconds, is better for him the a complete crash.

Trader applies scaling-out or SL to slow the draw down, until the direction is clear again.
Loosing few pips is better for him than loosing the account.

The thread OP, says in full confidence in the 1st post "I would like to prove you we can increase a capital of 50 euros to 22 000 euros (at least) in 1 week of trades".
Can it be done, yes.
Can he do it? maybe yes, most probably no.
Can any one do it? maybe yes, most probably no.

Risking a small account at high risk trading to reach a high target, is nothing new. Getting there is very rare.
No guts, no glory
  • #698
  • Aug 31, 2016 9:40am Aug 31, 2016 9:40am
Quoting Fadhl
{quote} When the news comes out your SL won't be considered at the price you fixed particularly when you have a shoot. At least my broker! In addition, your opposite order will be canceled systematically. No you cannot do it with the same account.
A good broker and a EA to manage 2 limit order.
  • #699
  • Aug 31, 2016 9:41am Aug 31, 2016 9:41am
bagxpert you have a 70% win rate,that means the market will screw you 30% of the time,do the math without a stoploss or taking your money daily after afew wins you wont be trading the market but the market will be trading you.
100% KENYAN.
  • #700
  • Aug 31, 2016 9:43am Aug 31, 2016 9:43am
[quote=billytt;9112068]
Quoting Fadhl
This thread inspired me for another idea that you should be arrested for that post, how ridiculous or are you trying to raise a laugh.
Wow! Did my post heart you? Does FF have any rule related to my post?
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