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

  • #1,321
  • Sep 11, 2016 8:22am Sep 11, 2016 8:22am
Quoting mkuefne
{quote} Thank you. I also did some investigations on Activtrades. They offer a quite high protection for invested capital. But what confuses me is that they don't charge any commission for trades. Does anyone know if they are a true ECN broker?
My broker has no commission for trades. And it is regulated on FCA.
  • #1,322
  • Sep 11, 2016 8:24am Sep 11, 2016 8:24am
Quoting billytt
Quoting jgadefelth
This thread inspires but maybe someone is upto staert a new thread in system section telling how they trade and try to get a goood result also. what is missing here is how does one trades likes this. Thread is inspiring if you treat it with respect, Focus on daily trend based off weekly , look for average daily range once in the trade and hit it hard. Do not bother looking in commercial section as majority of threads are useless and eas, accounts can be falsified. Don't forget it is the leverage which makes things look
...
Hi billytt;

Could you expand in more detail on what you mean by "Focus on daily trend based off weekly"? What time frame would actually be used for entries? I hope this isn't a stupid question.

Best regards
Cluttered charts are visual diarrhea. Whats on your charts?
  • #1,323
  • Sep 11, 2016 8:33am Sep 11, 2016 8:33am
Quoting Mr.Dan
{quote} My broker has no commission for trades. And it is regulated on FCA.
1. Your broker charges you commission in form of widened spread, which you will pay on entry and exit, but you have not realized that yet

2. Widened spread means even more perfect trading is required on tight scalping, meaning you have more chance to loose

3. No formal commission, meaning no cost deduction from tax perspective, meaning higher tax on your profits

So you loose thrice...
  • #1,324
  • Sep 11, 2016 8:45am Sep 11, 2016 8:45am
Quoting kpclick
{quote} 1. Your broker charges you commission in form of widened spread, which you will pay on entry and exit, but you have not realized that yet 2. Widened spread means even more perfect trading is required on tight scalping, meaning you have more chance to loose 3. No formal commission, meaning no cost deduction from tax perspective, meaning higher tax on your profits So you loose thrice...
1. Yes i have, first thing you learn in forex.
2. 0.8 spread is not that bad. (there is account where spread starts from 0 but there`s commission)
3. I take out my profits on another country so i win 5% anyways. (my country has 20%, neighboring country 15%).
  • #1,325
  • Sep 11, 2016 8:51am Sep 11, 2016 8:51am
Quoting bagXpert
Hello all, Just for info, if you want live trading you can follow me on twitter. I post my open and close positions on live. @ChallengerFxFr Challenger Forex
I see your profile picture in your twitter account, you are good looking

Do you only trade stocks? DAX is stock, right?

Too bad my forex broker only provide currencies and a little bit of commodities.
  • #1,326
  • Sep 11, 2016 8:55am Sep 11, 2016 8:55am
Quoting Mr.Dan
{quote} 0.8 spread is not that bad. (there is account where spread starts from 0 but there`s commission)
Depends on what pair. EURUSD in normal liquid times 0.0-0.1, 0.2 max (not talking major news) and sometime actually negative, rarely though. I have seen some brokers advertising min 0.6 on majors, meaning also on EURUSD. For me when pair goes into 0.6-0.8 pip I am already in tiny profit, after commissions, where as people with higher spread are only "half way". It may not matter on swings, but matters for many couple-pips scalps in a day. It can add up to quite a cost over year. Do some calculations, you will see what I mean.

[edit] Activetrades claims average spread on EURUSD 0.73p

K
  • #1,327
  • Sep 11, 2016 9:15am Sep 11, 2016 9:15am
This is pure nonesense and an other retail sucker lure in bait...sell the dream.....hide the pain. It's pure gambling and the results are therefore pure luck, or should I say it is one out of x accounts in a decision tree that delivers this result while all other went bust? Quite easy to build up such a history if your intention is to mislead somebody.

Just go into the trade explorer and realize that till Sept 5th the account went more or less nowhere....than a significant deposit over 1000 USD..... so even the title of the tread is unjustified. We don't see her a 50 - 17000 USD, we see if ever a 1000 -17000 USD......so factor 50 has to be taken off anyway and again... this is a demonstration of pure luck.

The run up occurs with a extrem unsustainable leverage that kills you within a short periode of time... But at such an extrem leverage, pure luck can generate extrem profits too....but in the end the market participant with the lowest leverage has an edge in the long run in a zero sum game....so it's clear where this will end. Look at the max drawback.... than you see how fast we will get there.

Finally the believers will hold the bag....... of bagexpert. ;-)
Switch on your brains....and learn something.

Just my opinion.... believe what you want.
  • #1,328
  • Sep 11, 2016 9:20am Sep 11, 2016 9:20am
I have been sitting on the sidelines watching this thread with intrigue, and must say Bag has done an excellent job, up until now. Obviously unless you selfish/dumb we know he has no reason to share the system since after all it's in journals, so anyone complaining on that front should maybe go elsewhere.

However, today for example going to his twitter demanding he wants 500 followers before day end, what's that about, attention seeking? looking powerful? want to be the popular kid? His intentions have made me somewhat suspicious, afterall not everyone goes to all this trouble do they for nothing?

I await with intrigue.
  • #1,329
  • Sep 11, 2016 9:22am Sep 11, 2016 9:22am
Quoting HudithePfupf
This is pure nonesense and an other retail sucker lure in bait...sell the dream.....hide the pain. It's pure gambling and the results are therefore pure luck, or should I say it is one out of x accounts in a decision tree that delivers this result while all other went bust? Quite easy to build up such a history if your intention is to mislead somebody. Just go into the trade explorer and realize that till Sept 5th the account went more or less nowhere....than a significant deposit over 1000 USD..... so even the title of the tread is unjustified....
Money is money whatever it take. One thing's i learn from this thread is not everybody can make money in forex, but everybody can be haters
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #1,330
  • Sep 11, 2016 9:25am Sep 11, 2016 9:25am
Quoting HudithePfupf
This is pure nonesense and an other retail sucker lure in bait...sell the dream.....hide the pain. It's pure gambling and the results are therefore pure luck, or should I say it is one out of x accounts in a decision tree that delivers this result while all other went bust? Quite easy to build up such a history if your intention is to mislead somebody. Just go into the trade explorer and realize that till Sept 5th the account went more or less nowhere....than a significant deposit over 1000 USD..... so even the title of the tread is unjustified....
No matter where the account will end ... More than 5 times the deposit have been widthdrawn ... And I am not talking about the 50€ deposit
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,331
  • Sep 11, 2016 9:26am Sep 11, 2016 9:26am
Quoting domba
{quote} Money is money whatever it take. One thing's i learn from this thread is not everybody can make money in forex, but everybody can be haters
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,332
  • Sep 11, 2016 9:26am Sep 11, 2016 9:26am
underdog
  • #1,333
  • Sep 11, 2016 9:36am Sep 11, 2016 9:36am
Quoting FerruFx
{quote} No matter where the account will end ... More than 5 times the deposit have been widthdrawn ... And I am not talking about the 50 deposit
Arrrgggghhh...... my deposit only $1 . Should i withdrawn?
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #1,334
  • Sep 11, 2016 10:00am Sep 11, 2016 10:00am
Quoting deankenny21
I have been sitting on the sidelines watching this thread with intrigue, and must say Bag has done an excellent job, up until now. Obviously unless you selfish/dumb we know he has no reason to share the system since after all it's in journals, so anyone complaining on that front should maybe go elsewhere. However, today for example going to his twitter demanding he wants 500 followers before day end, what's that about, attention seeking? looking powerful? want to be the popular kid? His intentions have made me somewhat suspicious, afterall not everyone...
Lol. Stop to have a lot of questions. 500 followers it is just for the fun. Not powerful or other consideration.

@ChallengerFxFr
  • #1,335
  • Sep 11, 2016 10:02am Sep 11, 2016 10:02am
Quoting bagXpert
{quote} Lol. Stop to have a lot of questions. 500 followers it is just for the fun. Not powerful or other consideration. @ChallengerFxFr
That's fine, I have ADHD and also like to get attention, so if that's your thing, go for it.
  • #1,336
  • Sep 11, 2016 10:36am Sep 11, 2016 10:36am
Quoting HudithePfupf
This is pure nonesense and an other retail sucker lure in bait...sell the dream.....hide the pain. It's pure gambling and the results are therefore pure luck, or should I say it is one out of x accounts in a decision tree that delivers this result while all other went bust? Quite easy to build up such a history if your intention is to mislead somebody. Just go into the trade explorer and realize that till Sept 5th the account went more or less nowhere....than a significant deposit over 1000 USD..... so even the title of the tread is unjustified....
 
And so said the man who did not make 17,000 Euro in 1 week. 
practising coitus interruptus
  • #1,337
  • Sep 11, 2016 10:42am Sep 11, 2016 10:42am
Quoting HudithePfupf
This is pure nonesense and an other retail sucker lure in bait...sell the dream.....hide the pain. It's pure gambling and the results are therefore pure luck, or should I say it is one out of x accounts in a decision tree that delivers this result while all other went bust? Quite easy to build up such a history if your intention is to mislead somebody. Just go into the trade explorer and realize that till Sept 5th the account went more or less nowhere....than a significant deposit over 1000 USD..... so even the title of the tread is unjustified....
A very good advice for you.
Stay ignorant or switch on your brains....and learn something.
  • #1,338
  • Sep 11, 2016 10:43am Sep 11, 2016 10:43am
To bagXpert:

You dont worry for comments here. Your performance its awesome and even good traders sometimes made mistakes. But you can enjoy money earned ( not everybody can say that )
Try don't lose pants never...
  • #1,339
  • Sep 11, 2016 10:56am Sep 11, 2016 10:56am
Quoting braintheboss
To bagXpert: You dont worry for comments here. Your performance its awesome and even good traders sometimes made mistakes. But you can enjoy money earned ( not everybody can say that )
Thank you very much
  • #1,340
  • Sep 11, 2016 11:04am Sep 11, 2016 11:04am
Quoting FerruFx
{quote} That's a journal thread ... not a system/trading thread where OP is supposed to discuss or post his trading method.
Showing off results , doesn't matter in which form: journal thread or any other thread has the reason. What is the reason? There are more successful traders , that no-one knows for them and they don't advertise here...If someone wants to show the www.forexfactory.com viewers journal of trades is advertising for something, with reason.
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