Even better then Good on ya mate

50 to 22000 in one week

So bags just lost $30 what's the big deal. He provided some excellent entertainment. I hope he doesn't give up and tries and tries again.............

50 to 22000 in one week

Can all you guys get back to trading you are causing the market to go flat because you are all in here.

50 to 22000 in one week

François Hollande gives him an early morning phone call.

50 to 22000 in one week

I said 'assumes no losses', have you thought about that. At any stage of the game there is always the pending risk of loss, that is par for the course my friend. Depends on the way you would like to go, a slow death or a quick one. There is far more ...

50 to 22000 in one week

I have a 400:1 leverage so for $50 I can buy 1 mini lot ($44+) on the GJ returning $1.25 per pip approx. I need 40 pips to double the $50 to $100 Continuing on.... 100 200 400 800 1600 3200 6400 12800 25600 assumes no losses and max trade each time. ...

50 to 22000 in one week

Gee the negativity of some people. He is only risking $50 at any stage of the game. Are you going to scream failure if he ends the week with $100, well try getting that interest rate from the bank. People trade this way all the time. They don't care ...

50 to 22000 in one week

Actually I believe to be a big winner in this game you need to be prepared to be a big loser also. The term losing only what you can afford is critical. One takes this sum of money and pushes it to the hilt with each trade. Sure you can blow the ...

Can someone become Retail Forex Millionaire - myth/hype/dream

Spreadsheets are magic are they not. They simply rely on the 'IF' factor, a small word with huge problems. When trading speed is essential and calculating what lot size to use for xxx risk uses up this time while the market is moving on. Plus we ...

Can someone become Retail Forex Millionaire - myth/hype/dream

Let me make one thing very clear... I have been trading for donkeys years and have been to 20K many times but one thing you folks have to get is that you have to pay yourselves otherwise there is no point to all the hard work. The trick is to start ...

Can someone become Retail Forex Millionaire - myth/hype/dream

I think you would be very hard pressed to find a single person in the entire world capable of sticking to this spreadsheet. It may start out OK but pretty soon problems will arise with getting orders filled. Most of the bigger brokers should be able ...

Can someone become Retail Forex Millionaire - myth/hype/dream

Yep Fibs are pretty much useless on all time frames for many reasons. They can easily be applied in hindsight to fit a particular time frame from particular pivots and then it is only near enough correct. The most popular number is 50% which is not ...

Are fibs pretty much useless on short TFs (5m, 15m)?

Pick a time of day you can always attend i.e. 5 minutes before you shave in the mornings. Take the same trade on the same pair every day. i.e. Lose $20 or win $100 Only show the monthly chart to place the trade so you are not influenced by any price ...

Non-Predictive Trading

I don't understand this at all, a 4H and daily can turn on a dime just as easily as any other time frame. Buy in the morning and sell in the afternoon etc. The use of EMA's or SMA's are great tools but we have to compare these averages with ...

Buying/selling the dips - setup

The moving average is moving in response to the price action, there is no bounce off an average. All you can see here is the hindsight that price kept trading below its average What average anyway, we can use any number of them through all the ...

Buying/selling the dips - setup

To answer some of the questions I have had let me say that I am not using the Quartile as a tool to predict price movement, I do this by other means. What I am doing is using the tool to split the price movement into sections i.e. 4 hence the use of ...

The Quartile Trader

OK if nobody cares then why should I bother posting. I was only trying to help you guys with your analysis so you could profit far more efficiently than you are doing here. Besides which I was asking Chamane who doesn't even bother to answer, I must ...

Hidden divergence

You might as well say... Buy for 10c a pip everyday at 9am and close all when 1 pip of profit is made. You may get one heck of a draw down before you make a tiny profit. Or close the lowest and the highest when 1 pip of profit is made. Or close the ...

My Trading System - Tai

My apologies there was an error on that last chart I posted because I had been explaining something else to someone else, the middle reversal had been moved and I forgot to put it back. For those scratching their heads here is the correction.

Hidden divergence