7 years I went through hell, but I am still alive | Page 2 | Forex Factory

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7 years I went through hell, but I am still alive

  • #21
  • Oct 30, 2016 1:25pm Oct 30, 2016 1:25pm
Quoting HeyYou
hmmm 5% month is 70%/year, not 100%.
wrong, is 60%
may trend be with you
  • #22
  • Oct 30, 2016 1:26pm Oct 30, 2016 1:26pm
Quoting OnlineAddict
{quote} I am doing it...for many years now...its my only source of income.
good for u
may trend be with you
  • #23
  • Oct 30, 2016 1:35pm Oct 30, 2016 1:35pm
lol is ca. 80%
  • #24
  • Oct 30, 2016 1:46pm Oct 30, 2016 1:46pm
Quoting kateeus
lol is ca. 80%

ROFLMAO it's 79.585585 ok.
  • #25
  • Oct 30, 2016 2:06pm Oct 30, 2016 2:06pm
Yes, sorry, its 80%, 6% per month is around 100%, you got my point, though.
Everyone can see the chart, but only a few can actually read it.
  • #26
  • Oct 30, 2016 5:07pm Oct 30, 2016 5:07pm
Quoting wentao
i gradually figured out how to make money, but not big money. u can not make big money without big money in market. overleverage won't bring u big money, don't even think about it, it can only ruin ur wealth and health. if u have ten grand, don't try to double ur capital by one year. if u put hundred grand in market, fifty percent return is very challenging. i am not saying u ca never make it, what i am trying to say is that u can't keep doing like that for long. there is no such thing as excessive profit anyway,i start this thread as a begining....
After reading your thread, I believe you have a excellent understanding.
I would like to have your valuable insights on
http://www.forexfactory.com/showthre...84#post8538084

Thanks
Prachait Saxena
  • #27
  • Oct 31, 2016 2:01pm Oct 31, 2016 2:01pm
Quoting wentao
{quote} with seven years tears and sweat, i don't envy anymore those forex traders who can double the account monthly. i don't know how they survive like that, but i do know i am not capable of doing so. i had $45,000 starting capital one year ago. my trade lot size was $5000, only 0.05 standard lotsize. the max size i ever used is $50,000, only 0.5 standard lot. now my capital is $62,000, 35% return. i still don't want to raise my trading size because i feel very comfortable with what i was doing before. i don't see any reason i should change ....
so you had a 35% return during that 1 year period, and what percentage drawdown / floating drawdown did you have during that same 1 year period, about 10% ?
  • #28
  • Oct 31, 2016 8:50pm Oct 31, 2016 8:50pm
Quoting MXT
{quote} so you had a 35% return during that 1 year period, and what percentage drawdown / floating drawdown did you have during that same 1 year period, about 10% ?
good question, MTX. actually, it's the key question we should concern everyday.
i remember the biggest floating loss was around five thounsand dollars when i shorted SPX 500 in july. i stopped trading for three month bcoz of this mistake. i knew my postion was safe, so i only reduced postion size when possible. i just did no expect that spx can stay bullshit so freaking long.
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may trend be with you
  • #29
  • Oct 31, 2016 9:02pm Oct 31, 2016 9:02pm
April_--July 2016
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may trend be with you
  • #30
  • Oct 31, 2016 10:22pm Oct 31, 2016 10:22pm
do you trade discretionary on your trades?

and how many markets/instruments you currently trade?
  • #31
  • Oct 31, 2016 10:59pm Oct 31, 2016 10:59pm
The thread tittle made me think " Wow it took me five+ years to understand Forex" -- what a journey




Best wishes to you
Dragon Rider
  • #32
  • Nov 1, 2016 5:44am Nov 1, 2016 5:44am
Quoting wentao
{quote} good question, MTX. actually, it's the key question we should concern everyday. i remember the biggest floating loss was around five thounsand dollars when i shorted SPX 500 in july. i stopped trading for three month bcoz of this mistake. i knew my postion was safe, so i only reduced postion size when possible. i just did no expect that spx can stay bullshit so freaking long. {image} {image}
hey Wentao thx - so you had about 10% floating DD
btw SP500 short was a good trade at that time, had you held till the end of august 2015 you would have made 15K+
  • #33
  • Nov 1, 2016 11:31am Nov 1, 2016 11:31am
Quoting jayfx
do you trade discretionary on your trades? and how many markets/instruments you currently trade?
yes, i trade anything that i feel it is an opportubity., however my forex style does not fit stock index,cfd or futures so far. i lost more than i made in those things. still trying to figure out how to operate them.
may trend be with you
  • #34
  • Nov 1, 2016 12:07pm Nov 1, 2016 12:07pm
i screwed long Cable last week when i set up buy limit. i got 1500 dollars floating loss for this pair for whole week. i got little bit angry with myself this morning when i was watching the chart, so i closed all positions with $400 profit. i know if i keep thise postion running i can make thousand dollars eventually, but i think i need take a break and think in peace. too many pics, i post some of them
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may trend be with you
  • #35
  • Nov 1, 2016 12:23pm Nov 1, 2016 12:23pm
some excellent transactions made this year, i am very pround of it
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may trend be with you
  • #36
  • Nov 1, 2016 1:40pm Nov 1, 2016 1:40pm
what is purpose of your thread?
  • #37
  • Nov 2, 2016 8:32am Nov 2, 2016 8:32am
Quoting ruma29
what is purpose of your thread?
mainly two purpose,
first, practise my written english. i am originally from China.
second, try to convince people that u can make money with small trading lot size too.
may trend be with you
  • #38
  • Nov 2, 2016 8:41am Nov 2, 2016 8:41am
Quoting prachait
{quote} After reading your thread, I believe you have a excellent understanding. I would like to have your valuable insights on http://www.forexfactory.com/showthre...84#post8538084 Thanks
hi, i saw ur explorer summary. some advices you may use.

from point view of mine, u overtrade, u little bit overleverage, and u never stop loss.

have good one
may trend be with you
  • #39
  • Nov 2, 2016 8:51am Nov 2, 2016 8:51am
i have been diffrent forex forums. i found people are alway crazy about threads with title like 90%winrate, 100pips daily, etc...
that is normal, at least i did same thing b4 ,haha
may trend be with you
  • #40
  • Nov 2, 2016 9:06am Nov 2, 2016 9:06am
if u do not abuse leverage and overtrade, u beat at least 50% losers in forex market. it is so easy to stand out from average, but most just never try
may trend be with you
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