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Mr Trend replied Aug 2, 2007Mentoring has nothing to do with anyone controlling your accounts. Perhaps that's an issue for you.
How much time did it take you to make progress?
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Mr Trend replied Aug 2, 2007You miss the point. MENTORING has nothing to do with a market. A mentor is there to guide you, to give you tidbits of information and help you along your way -- to be there as a psychological support more than anything. Regardless, I think ten years ...
How much time did it take you to make progress?
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Mr Trend replied Aug 2, 2007I would recommend that you seriously get one. Why, after seven years, didn't you find someone to mentor you? Don't take this the wrong way, but maybe it's a problem with you thinking that you have the answers, and who in the world could teach you ...
How much time did it take you to make progress?
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Mr Trend replied Aug 1, 2007Started four years ago trading, had a mentor, blew through multiple five figure accounts. Now I'm finally consistent. Most important thing you can do is know yourself. Know who you are, what your personality is, and trade that way. Second most ...
How much time did it take you to make progress?
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Mr Trend replied Aug 1, 2007I would withdrawal that $5000 as soon as possible... take your wife or significant other(s) on a nice vacation. You'll have more fun that way. ...and no, I'm not being sarcastic -- I'm quite serious.
Intimidated by the Charts
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Anyone trade Hang Seng?
Started Aug 1, 2007|Trading Discussion|27 replies
Sorry, I know this is "off-forum"... heh... but are there any futures traders out there? I ...
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Mr Trend replied Jul 30, 2007If you can't make money trading GBPUSD, you're not gonna make money trading EUR neither. Same with stocks, options, bonds, warrants, etc... etc...
Forex can be easy if you dont trade the GBPUSD
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Mr Trend replied Jul 30, 2007And exotic profits are relative. You can have 1000 pip moves every day, but the spread is 300... it's all relative. It's like trading spot Gold. People trade exotics because they have to be in a trade. That's the first sign of a trader who has to ...
USD/ILS - Please look!
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Mr Trend replied Jul 27, 2007You sound worried. Are you currently long and in hope mode?
NZD/USD, CAD/JPY, EUR/AUD, GBP/CHF, falling off the cliff together--
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Mr Trend replied Jul 23, 2007Breakout systems work in theory -- if you can handle the monotony of drawdowns that follow. My primary system that I use (I have one I use and one automated system on futures contracts) does 650 pips consecutive drawdown. That's enough for me. But I ...
Breakout + Spread!! Sure!!!
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Mr Trend replied Jul 19, 2007i use IB as my broker, and they have conditional orders. They rule. I can put in my order and set it to cancel or transmit upon certain price conditions, i.e. if price is >= this price then transmit or cancel...
Jacko's Forex House of Pleasure and Pain
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Mr Trend replied Jul 18, 2007Jacko... I am a big proponent of scaling up -- adding to your position as you make more profits. You then exit with a huge win. I use a specific discretionary strategy to add to my positions -- You have to because you are taking on more risk and a ...
Jacko's Forex House of Pleasure and Pain
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Mr Trend replied Jul 18, 2007The key is to not get wrapped up in multiple timeframes. Don't get me wrong, it's ok to look at different timeframes, but if you're a 4H guy, then stick to 4H. When you start looking at Weeklys and Dailys and then look back at your 4H, I guarantee ...
Jacko's Forex House of Pleasure and Pain
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Mr Trend replied Jul 18, 2007Jacko... I trade somewhat similiar to you, along with some automated systems that I use on futures instruments... glad to see you on here giving the new traders some good advice... Best of luck to you.
Jacko's Forex House of Pleasure and Pain
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Mr Trend replied Jul 15, 2007See what happens when you fight the trend! Mr. Trend comes along and scoops up Ms. Trendy... Mmmm, she's so HOT.

Jacko's Forex House of Pleasure and Pain
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Mr Trend replied Jul 5, 200710% consistently a month is a pretty big deal. If you can do that year over year, you're drinking from the spring of the water of life. To get to that point takes a lot of time. At least 8-10 years. If you can do it in 6, you're good. If you can do ...
Forex Profit... Im sorry but... (10% per month?)
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Mr Trend replied Jul 4, 2007I'd steal your wife -- Robert Redford style yo.

How to be a trader for a company?
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Mr Trend replied Jun 20, 2007I've been at this for a little while and I don't consistently make 80 to 100 pips a week. Most people don't. If you can make 25 pips a week consistently, you should be ecstatic.
Is trading FX for living a myth?