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  • #1,103,041
  • Apr 10, 2017 3:55am Apr 10, 2017 3:55am
You will not be rich doing scalper, you will be rich, making compound interest, the magic lies in using compound interest.
  • #1,103,042
  • Apr 10, 2017 3:57am Apr 10, 2017 3:57am
Quoting Tradingwithw
Pretty sure the guy you two are talking about was a loser. Actually a loser and a pretender. He never did produce the "charts that would blow our mind"
To me it is enough to mark a person as useless as soon as I see him trading with a risk of more than 10%. But in the case of that dude I know nothing about him. Therefore he was just noise to me.

My point is, 300 lots or higher shouldn't shock any experienced trader who has enough money. It simply relies on good money management and a consistent winning strategy. If one of these components is missing then yes, you will always end up with margin calls and depleted accounts.

Stay Green
Focus only on what truly matters!
  • #1,103,043
  • Apr 10, 2017 3:58am Apr 10, 2017 3:58am
Quoting Earleone
{quote} I am not pessimist. But I am pessimist to scalping and be long term profitable . And yes I agree there is many rich traders inside the 1% even the 5% winning mass. But not many, if any of them trade with scalping an a 20 pips SL.
Look up salvatore in FF. the living example of rags to rich by compounding...his equity curve can only be made possible through compounding...he scalps too it's possible, but minority like you said.
Searching for some order in these apparent chaos...
  • #1,103,044
  • Apr 10, 2017 4:10am Apr 10, 2017 4:10am
now just need to find the right spot and the right time to long EU.
making money is easy in forex, losing money is even easier...
  • #1,103,045
  • Apr 10, 2017 4:15am Apr 10, 2017 4:15am
Quoting hugomarques
You will not be rich doing scalper, you will be rich, making compound interest, the magic lies in using compound interest.
Why won't you

SCALPING IS SO EASY MAKING 2-3 PIPS 10 TIMES A DAY AT 0.5 % PER TRADE IS SO EASY COME ON
  • #1,103,046
  • Apr 10, 2017 4:21am Apr 10, 2017 4:21am
Euro, forget to be green
  • #1,103,047
  • Apr 10, 2017 4:26am Apr 10, 2017 4:26am
as a transformed trader from loser to winner. what ever the trade strategy you follow you will have to make sure your 1 takeprofit must cover at least 4-6 stoplosses. if you strategy takes away 5-7 proftable trades with a single stoploss then YOU WILL NOT SURVIVE the market in long run .
Mastering the Pair
  • #1,103,048
  • Apr 10, 2017 4:41am Apr 10, 2017 4:41am
Quoting jusstin911
Going LONG @ 1.0570 with a 30 pip Stop.. If it works out as planned, I am targeting 1.090 as a first target
Took that Voodoo Trade.. will close one at around 1.062 and run the other as a SWING...
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  • #1,103,049
  • Apr 10, 2017 4:42am Apr 10, 2017 4:42am
Quoting swing 123
570 is a good place to take long in my opinion. Stops should be not more than 15/20pips below.
Lets see how bulls play it.
  • #1,103,050
  • Apr 10, 2017 4:43am Apr 10, 2017 4:43am
Quoting jusstin911
{quote} Took that Voodoo Trade.. will close one at around 1.062 and run the other as a SWING... {image}
Good job, right On the money
Searching for some order in these apparent chaos...
  • #1,103,051
  • Apr 10, 2017 4:44am Apr 10, 2017 4:44am
Hello guys! Here is my Daily levels commentary for 10.4.2017 video!
Our winning streak doesn't end! - 12 winning trades in a row now (all trades are recorded and commented on HERE if you want to have a look)! I hope you took some trades from the videos I published here.
Enjoy!
Inserted Video
  • #1,103,052
  • Apr 10, 2017 4:58am Apr 10, 2017 4:58am
Quoting Tradingwithw
Pretty sure the guy you two are talking about was a loser. Actually a loser and a pretender. He never did produce the "charts that would blow our mind"
Fency charts shouldnt blow anyones mind. Its PA that should do the job.
  • #1,103,053
  • Apr 10, 2017 4:59am Apr 10, 2017 4:59am
goodbye eurusd, now ?!
  • #1,103,054
  • Apr 10, 2017 4:59am Apr 10, 2017 4:59am
short to 1.05 and then to the 1.04 area

1.063 looks like a strong resistance
Don't Worry Be Happy
  • #1,103,055
  • Apr 10, 2017 5:03am Apr 10, 2017 5:03am
Quoting Speedhastey
{quote} Look up salvatore in FF. the living example of rags to rich by compounding...his equity curve can only be made possible through compounding...he scalps too it's possible, but minority like you said.
Hmm, Helding funds more then 1 Mill in to a bucket shop 10 USD broker. broker that is unregulated. Where there is warnings http://www.globalinvestoralerts.org/...entforex.shtml . You are sure this is for real ? There is sometimes people working for the brokers that can put in any results they want to trade explorers. I do not say that has happened here. But I will not look in to it any deeper got all the answers I needed to not waste time on it. .
Trading in the shadow of SM
  • #1,103,056
  • Apr 10, 2017 5:09am Apr 10, 2017 5:09am
Quoting Don96
{quote} Why won't you SCALPING IS SO EASY MAKING 2-3 PIPS 10 TIMES A DAY AT 0.5 % PER TRADE IS SO EASY COME ON
scalping with a 1 pip stop loss? that's dangerous
Don't Worry Be Happy
  • #1,103,057
  • Apr 10, 2017 5:16am Apr 10, 2017 5:16am
Quoting Earleone
{quote} Hmm, Helding funds more then 1 Mill in to a bucket shop 10 USD broker. broker that is unregulated. Where there is warnings http://www.globalinvestoralerts.org/...entforex.shtml . You are sure this is for real ? There is sometimes people working for the brokers that can put in any results they want to trade explorers. I do not say that has happened here. But I will not look in to it any deeper got all the answers I needed to not waste time on it. .


If he can do this in a brokerage house, he can do it all, but he is curious how he negotiates lots so high in a dubious brokerage house, with so many good brokerages to choose, it is to suspend such performance anyway
  • #1,103,058
  • Edited 5:56am Apr 10, 2017 5:22am | Edited 5:56am
Quoting hugomarques
{quote} If he can do this in a brokerage house, he can do it all, but he is curious how he negotiates lots so high in a dubious brokerage house, with so many good brokerages to choose, it is to suspend such performance anyway
Smells very fishy.

BTW I know reel scalpers doing well. Look Damian ( mr.Pip) in https://www.forexfactory.com/showthr...46#post9751346 , He calls the trades live and shows the loosers and the winners. I have not been saying it is not possible to scalp and make money from it. It is just that experienced traders with big money has some easyer ways to make the money in trading so you will never or very seldom see guys in George Soros category do scalping.
Trading in the shadow of SM
  • #1,103,059
  • Edited 5:49am Apr 10, 2017 5:26am | Edited 5:49am
Quoting MrPresident
{quote} scalping with a 1 pip stop loss? that's dangerous
nope no SL 2 pip dain 10 times a day

EDIT: gain ****************
  • #1,103,060
  • Apr 10, 2017 5:57am Apr 10, 2017 5:57am
easy short.
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