TE should show now show, first trade went to break even after hitting 1/2 profit target and then fell away.

Capital Weightlifting Championship

+1 I remember a series of interviews i read about successful traders - maybe market wizards, or something along those lines, and the highly successful ones always said the same thing- the money was not important, they were not trying to make money, ...

Is it possible to become a billionaire trading Forex?

It's great to think big, but not at the expense of thinking of the present. Liquidity is always going to be the major issue as a 'retail' trader. However if you have a couple of millions in the bank, you can start to trade on less leverage (less ...

Is it possible to become a billionaire trading Forex?

Haha, funny thing is, my account is in dollars... so not quite sure why i have put it in GBP... Force of habit! I use two bits - one is a position sizer where you can set risk to reward, and place horizontal line and it trades off that - but it is ...

Capital Weightlifting Championship

Cheers Matt... the TE will be activated once i have my first closed trade - i did have it open for another strategy, although very similar to this, and it did pretty well. I have not traded for the last couple of months, but raring to get back into ...

Capital Weightlifting Championship

I'm liking this quite a lot.... I would say this is more of a parlay system than anything to do with martingale. I originally responded on the R2R thread, without quite understanding it, and my original thought was to start on it - I think that I ...

Capital Weightlifting Championship

Right, Leverage is ONLY the position you are allowed to open. So with a leverage of 100:1, with a $100 account, you would be able to trade with $100,000, and this would give you the ability to trade with 0.01 lots (an equivalent margin of 1%) That ...

Horrible first question on leverage

Dont agree with this at all, not one little bit. For a start bill gates is exceptionally charitable, and warren Buffett offers one on one investment advice... And he doesn't need the extra cash. There is also a misconception that you need to learn ...

Does anyone offer tutor sessions?

Crackng saying! I like that a lot. I also think that if you are not prepared to enter into a trade with a loss, you are also trading to big. At the end of the day it is all relative- a 100 dollar loss is nothing in a million dollar account, but on a ...

Why Can't I Trade?!

so at the end of a very successful week, account up over 10% for the week, 2 losers out of 19 trades, and my account up 14% overall... Makes for some very happy reading, all with a risk of 2% per trade. Reading some of the other comments on other ...

The MOES

well after a bit of a dip in form last week, I have now surpassed the 1800 mark, with a big return of 7.5% return this week. Bit annoyed as it is just short of the BRN of $200!!! i had a bit of a dip last week, but this has been mainly down to lack ...

The MOES

2 more winners this morning, and seriously annoyed with myself! I woke up feeling a bit wobbly and closed both trades out. Literally about 15 minutes they both took a nose dive and I would have made c.60/70 dollars or so... I have my rules and I ...

The MOES

2 nice winners today, but put the other trade through another account, so only showing the gbpusd trade. Good way to kick off the week! Win ratio keeping solid, and looking forward to showing the full monthly return of the system- hopefully about ...

The MOES

hey 100dollars, seems like you are growing your account very nicely! Keep up the good work!

100 dollar account journal

Brilliant! :-)

Want to know how to get rich?

well, a 2.4% return for the week is not bad considering the issues on the euro- I try to stay away due to the uncertainty... And of course the nfp is always a fly in the ointment if you are not a news trader. On top of that my wife gave birth to our ...

The MOES

However buffet is an investor not a trader, there is a massive difference. With the kindest in trading as above, you will nt win long term as you will limit your wins, and basically let your losses roll... That was the way I started off and not ...

What helped you the most to be profitable?

just a bit of advice- get rid of your weekly target. 2 things can happen with weekly/daily targets- 1) you ht your target, and ignore profitable setups- means you lose money! 2) you get closer to the end of the week and you feel the need to fill ...

100 dollar account journal

audusd- won for another 19 pips a reasonably quick trade this one, and netted a nice 1.2% to the account, will hopefully break he $1700 mark shortly. the trade did everything it was supposed to do and went to full profit without ever being out of ...

The MOES

downandout, targeting old highs and old lows is a dangerous game, you may have to go through 3 levels of s/r to get those highs and lows... Each one could be major s/r lines... To build confidence why not target the next s/r level.. Get those pips ...

Why Can't I Trade?!