Hi Rincewind, I understand what was in your mind at that time Keep trying to control your emotions and don't let those two little daemons , the greed and the fear, take over your head We all as human beings are in constant fight against them ...

Okay...here it goes

Stage: LEVEL 4 Date: 13/09/2006 Trades: EUR/USD BUY 1 lot at 1.2671, CLOSE at 1.2712 TOTAL: 41 pips EUR/USD BUY 1 lot at 1.2698, CLOSE at 1.2689 TOTAL: -9 pips GBP/USD BUY 1 lot at 1.8753, CLOSE at 1.8763 TOTAL: 10 pips Total for the day: 42 PIPS ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Yes MT, is a big big problem we face. It happens to me a lot also, when my trade is going in profit more and more, instead start thinking to get out, my greed starts to whisper how much more it could make. And then the market goes contrary and you ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

I am sorry for not posting my trades yesterday but I couldn't make it to the computer. Here they are: Stage: LEVEL 4 Date: 12/09/2006 Trades: GBP/USD SELL 1 lot at 1.8724, CLOSE at 1.8750 TOTAL: -26 pips GBP/USD BUY 1 lot at 1.8750, CLOSE at 1.8746 ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

LEVEL 4 Equity: $28.35 Target: 30% Profit: $8.51 Total: $36.86 Lots: 1 Value per pip: $0.1 Needed Pips: 85 Stage: LEVEL 4 Date: 11/09/2006 Trades: EUR/USD SELL 1 lot at 1.2695, CLOSE at 1.2710 TOTAL: -15 pips Total for the day: -15 pips Comments: ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Well, thanks again to all of you for your support and motivation. On this post I must say that, after the bad events of last week where I said I lost all what I had done and my account was at $10 again, I had also an open position and today was the ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Maya, Mrtrader and Cheese THANK YOU VERY MUCH! You have no idea how supportive your words are to me. I will continue my trading for sure. I am now more convinced than ever to do it. I'll have to pick up from the floor my self confidence and start ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Rince, It is all about learning. The main function the plan was devoloped for, was to help people learn the investing world. o in Forex it is supopsed to help learning to control. You trade ALL IN?? :surprised thats is very risky! I think that is ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Thank u very much MT for your words. I won't give up with this. I will start over again with my experiment. Hope to see u around. Bye

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Hey Rincewind, Totally agree with u about money mngmnt and self control being the HOLY GRIAL of the Forex (trading) world. We could have a 100% efficient system to enter good trades but a weak self control and MM will trash it. Anyways, I wish you ...

Okay...here it goes

A lot of bad news — Hi, Well, it is hard for me to write this at this moment. I am feeling very bad, very dissapointed with myself. All the work I did to improve my emotional trading (my APPROACH as I called it) was sent to the trash today by ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

LEVEL 5 Equity: $36.86 Target: 25% Profit: $9.21 Total: $46.07 Lots: 1 Value per pip: $0.1 Needed Pips: 92 Stage: LEVEL 5 Date: 07/09/2006 Trades: GBP/USD SELL 1 lot at 1.8733, CLOSE at 1.8748 TOTAL: -15 pips GBP/USD BUY 1 lot at 1.8748, CLOSE at ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Stage: LEVEL 4 Date: 06/09/2006 Trades: GBP/USD BUY 1 lot at 1.8948, CLOSE at 1.8922 TOTAL: -26 pips EUR/USD BUY 1 lot at 1.2823, CLOSE at 1.2808 TOTAL: -15 pips This two trades were the hedge I took to my position trades. I closed when I woke up in ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

A new week starts for me. Yesterday was a no trading day for me because of the US holiday. Here are the results for today (Not very good ) Stage: LEVEL 4 Date: 01/09/2006 Trades: EUR/USD BUY 1 lot at 1.2813, CLOSE at 1.2802 TOTAL: -11 pips ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Results for today — Stage: LEVEL 4 Date: 01/09/2006 Trades: EUR/USD SELL 1 lot at 1.2803, CLOSE at 1.2807 TOTAL: -4 pips EUR/USD BUY 1 lot at 1.2810, CLOSE at 1.2817 TOTAL: 7 pips GBP/USD BUY 1 lot at 1.9025, CLOSE at 1.9040 TOTAL: 15 pips ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

Puppy, For now, I prefer not to disclose what broker I'm with. I know if in some point I post some account balance or chart, everybody will find out that. But for now I prefer to keep a low profile with the broker lol As I wrote on the first post ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

miscon777, I think when you say strategy you are referring to a combination of indicators and the conditions I use with them. I do use a "strategy" to trade, but I really like to use three words to define my trading: Approach, Strategy, System. I ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

I wanted to finish putting up to date my trades to answer you scott. I don't see any problem with other people posting here on my thread. Thisis a public forum and thread so it is ok. Maybe it could help on my objective and can help others. Bye

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

LEVEL 4 Equity: $28.35 Target: 30% Profit: $8.51 Total: $36.86 Lots: 1 Value per pip: $0.1 Needed Pips: 85 Stage: LEVEL 4 Date: 31/08/2006 Trades: GBP/USD BUY 1 lot at 1.9015, CLOSE at 1.9037 TOTAL: 22 pips Total for the day: 22 pips Comments: After ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

LEVEL 3 Equity: $21.00 Target: 35% Profit: $7.35 Total: $28.35 Lots: 1 Value per pip: $0.1 Needed Pips: 74 Stage: LEVEL 3 Date: From 30/08/2006 to 31/08/2006 Trades: GBP/USD SELL 1 lot at 1.9048, CLOSE at 1.9062 TOTAL: -14 pips GBP/USD SELL 1 lot at ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000