Strategies, Systems & Indicators
- Thread starter Edward
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Re: Money in the Bank.
here
http://www.enfinium.com.au/applications/1111/individual_MT4_online.html
spreads are tighter than Oanda even, and Australian regulated broker
here
http://www.enfinium.com.au/applications/1111/individual_MT4_online.html
spreads are tighter than Oanda even, and Australian regulated broker
Re: Money in the Bank.
lol...even I used to think like that some time back...calculating how much I would earn in a year if I made x number of pips a day
you do understand that what you are saying means risking 30% of your equity on each trade (assuming a 1:1 risk-reward ratio) because the market could just as easily take those 30pips away from you any day...
and why just 2,40,000 per month? compound your daily gains and you will earn 89,32,332 in 20 days :rofl:
It is just not possible to have 100% winners throughout your life...
The most important thing that I have learned till now is :
1. try to eliminate the fear of
a)being wrong
b)losing money
c)missing out
d)leaving money on the table
2. accept the possibility of an uncertain outcome
3. focus on winning, not on avoiding losses.
anyway, someone requested me to share my strategy here...that would not be possible as of now, instead try to keep track of this account: http://pride.mt4live.com
it is not a demo account.
I am using this account since yesterday to test something I had in mind for a long time...do try to understand the risk management and exit strategy for the trades I take on this account.
lol...even I used to think like that some time back...calculating how much I would earn in a year if I made x number of pips a day
you do understand that what you are saying means risking 30% of your equity on each trade (assuming a 1:1 risk-reward ratio) because the market could just as easily take those 30pips away from you any day...
and why just 2,40,000 per month? compound your daily gains and you will earn 89,32,332 in 20 days :rofl:
It is just not possible to have 100% winners throughout your life...
The most important thing that I have learned till now is :
1. try to eliminate the fear of
a)being wrong
b)losing money
c)missing out
d)leaving money on the table
2. accept the possibility of an uncertain outcome
3. focus on winning, not on avoiding losses.
anyway, someone requested me to share my strategy here...that would not be possible as of now, instead try to keep track of this account: http://pride.mt4live.com
it is not a demo account.
I am using this account since yesterday to test something I had in mind for a long time...do try to understand the risk management and exit strategy for the trades I take on this account.
Re: Money in the Bank.
Thank you buddy,for so very kind words.:rofl:
I think it's a lot easier to exploit on other persons word then doing things for your self.
I have a strategy which gives me a consistent 90 % winning streak in every trade.
My risk reward sometime is as good as 0:20.
Then again i did not say,this before but i already trade a 3000 $ standard account which gives 500 $ or so return every single day.
That is one big opportunity of 160 possible opportunities developing every single day.
I don't advocate such hasty ways to any other person here, but i know what i am doing.
I want to open another account for swing trades.
I am so damn interested in talking about one thing that is cropping in my mind right now.
The one operating a Million dollar account loosing 10 grand on a foolish trade is more bigger fool then the one operating a 1000 $ account turning 1000 into 10 grand in one month.
The one with 1,000 $ has nothing to loose while a million $ account holder was half stuck in the grave over loosing money.
See you later buddy
lol...even I used to think like that some time back...calculating how much I would earn in a year if I made x number of pips a day
you do understand that what you are saying means risking 30% of your equity on each trade (assuming a 1:1 risk-reward ratio) because the market could just as easily take those 30pips away from you any day...
and why just 2,40,000 per month? compound your daily gains and you will earn 89,32,332 in 20 days :rofl:
It is just not possible to have 100% winners throughout your life...
The most important thing that I have learned till now is :
1. try to eliminate the fear of
a)being wrong
b)losing money
c)missing out
d)leaving money on the table
2. accept the possibility of an uncertain outcome
3. focus on winning, not on avoiding losses.
anyway, someone requested me to share my strategy here...that would not be possible as of now, instead try to keep track of this account: http://pride.mt4live.com
it is not a demo account.
I am using this account since yesterday to test something I had in mind for a long time...do try to understand the risk management and exit strategy for the trades I take on this account.
you do understand that what you are saying means risking 30% of your equity on each trade (assuming a 1:1 risk-reward ratio) because the market could just as easily take those 30pips away from you any day...
and why just 2,40,000 per month? compound your daily gains and you will earn 89,32,332 in 20 days :rofl:
It is just not possible to have 100% winners throughout your life...
The most important thing that I have learned till now is :
1. try to eliminate the fear of
a)being wrong
b)losing money
c)missing out
d)leaving money on the table
2. accept the possibility of an uncertain outcome
3. focus on winning, not on avoiding losses.
anyway, someone requested me to share my strategy here...that would not be possible as of now, instead try to keep track of this account: http://pride.mt4live.com
it is not a demo account.
I am using this account since yesterday to test something I had in mind for a long time...do try to understand the risk management and exit strategy for the trades I take on this account.
I think it's a lot easier to exploit on other persons word then doing things for your self.
I have a strategy which gives me a consistent 90 % winning streak in every trade.
My risk reward sometime is as good as 0:20.
Then again i did not say,this before but i already trade a 3000 $ standard account which gives 500 $ or so return every single day.
That is one big opportunity of 160 possible opportunities developing every single day.
I don't advocate such hasty ways to any other person here, but i know what i am doing.
I want to open another account for swing trades.
I am so damn interested in talking about one thing that is cropping in my mind right now.
The one operating a Million dollar account loosing 10 grand on a foolish trade is more bigger fool then the one operating a 1000 $ account turning 1000 into 10 grand in one month.
The one with 1,000 $ has nothing to loose while a million $ account holder was half stuck in the grave over loosing money.
See you later buddy
two things:
1. you have a 90% winning rate...what about the other 10 trades? they can come together one after the other...How many trades will it take to wipe out your account?
in other words, can your account survive 10 consecutive losses?
2. You make $500 every day on $3000. Compound every day and in 3 months you will have 150 Crores :thumb:
I can only advise to play it safe...rest is up to you...
EDIT: would you mind uploading your statement to mt4live? just want to see what it looks like coz I have never been in the presence of such an awesome trader
1. you have a 90% winning rate...what about the other 10 trades? they can come together one after the other...How many trades will it take to wipe out your account?
in other words, can your account survive 10 consecutive losses?
2. You make $500 every day on $3000. Compound every day and in 3 months you will have 150 Crores :thumb:
I can only advise to play it safe...rest is up to you...
EDIT: would you mind uploading your statement to mt4live? just want to see what it looks like coz I have never been in the presence of such an awesome trader
Last edited:
Mr Pride,calm down,get back to friendly business.
Man who is compounding here.
You are so obsessed of your,pride that you fail to see what i wrote
Read the post, i wrote at the first point,i said a man on ff compounds his money not, i.
Then i said 1 trade in 160 in a single day that is 50 pips to make 500 $,any sucker could do that.
And who is risking 30 % of his account my risk is as low as 0.1 %.
If you are so experienced a trader you should know,there are trades in the market with no negative momentum,they are called breakouts just whip it baby.:rofl:
That mean i place my order,no whiplash towards backside.
These are just one of my tools.
Dear Mr Pride,i don't show off neither, was i saying, i'm the best,i'm just saying you and i just do our own business in a friendly way.
Regards
Taz
two things:
1. you have a 90% winning rate...what about the other 10 trades? How many trades will it take to wipe out your account?
2. You make $500 every day on $3000. Compound every day and in 3 months you will have 150 Crores :thumb:
I can only advise to play it safe...rest is up to you...
EDIT: would you mind uploading your statement to mt4live? just want to see what it looks like coz I have never been in the presence of such an awesome trader
1. you have a 90% winning rate...what about the other 10 trades? How many trades will it take to wipe out your account?
2. You make $500 every day on $3000. Compound every day and in 3 months you will have 150 Crores :thumb:
I can only advise to play it safe...rest is up to you...
EDIT: would you mind uploading your statement to mt4live? just want to see what it looks like coz I have never been in the presence of such an awesome trader
You are so obsessed of your,pride that you fail to see what i wrote
Read the post, i wrote at the first point,i said a man on ff compounds his money not, i.
Then i said 1 trade in 160 in a single day that is 50 pips to make 500 $,any sucker could do that.
And who is risking 30 % of his account my risk is as low as 0.1 %.
If you are so experienced a trader you should know,there are trades in the market with no negative momentum,they are called breakouts just whip it baby.:rofl:
That mean i place my order,no whiplash towards backside.
These are just one of my tools.
Dear Mr Pride,i don't show off neither, was i saying, i'm the best,i'm just saying you and i just do our own business in a friendly way.
Regards
Taz
For the sake of god and for the betterment of all members here, please discontinue this matter and lets resume what we are here for.
This thread has already seen enough of uncivilized language and it is not a way to respect the intentions of the thread starter.
No one is big. No one is small. every one has their own way.In future please keep such kind of debates privately.(It can be done individually through Private messages).
Regards
Raghav
This thread has already seen enough of uncivilized language and it is not a way to respect the intentions of the thread starter.
No one is big. No one is small. every one has their own way.In future please keep such kind of debates privately.(It can be done individually through Private messages).
Regards
Raghav
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