gambling or not depends on your system setup...
if trading with bb, are you using bb only?
if trading with fibo, are you using fibo only?
if trading with candle pattern, are you using candle pattern only?

i wonder what you use..... i wish you can post 1 chart setup for us to see....

thats when u get up.. learn from the mistakes and move forward...

thats how it is in life also... learn and move forward.. try again...

---

Added on August 5, 2011, 2:49 pmisn't forex a type of gamble ? you use tools to aid you to make a better prediction.. eg candles.. bb.stoch..fibs.. etc etc



This post has been edited by JinXXX: Aug 5 2011, 02:49 PM

+1
gambling for me is 10% possibility
with added tool 50 - 70% possibility (not so gambling for me if so then all the stock buyers gamble)

This post has been edited by poks: Aug 5 2011, 02:55 PM

But the fact is, most people don't learn from their mistake. They thought they had learned from their mistake, but they repeat it again, again and again. Mistakes are logic. Human nature are emotion creatures, they are not computer program. That is why, most people lose money and more money and more until they quit the game call "Forex".

yes correct....once u feel it..u will know it. How to describe pain? acnt be desribe in words. Pain is to be feeled. .Last time i also say..if ppl can...why cant me...but i was driven by greed. After lost so much, i learnt wat is disiplin and nafsu.
Trade carefully, small small till confident is a good policy. Forex got leverage and demo account.They give very good way for newbie or failure traders like me to learn again. Msia equity and Malaysia fcpo no leverage. HOw govt encourage its nation to learn /take part more in msia trading?No demo account to learn. KLSE reduce lot size(1000 to 100) but that dont encourage more market participant

---

Added on August 5, 2011, 2:59 pmi agree with u too...human is still human overpower my emotion...when we got rm10 million, we dont the true value of rm1. But when we got rm1 only..we really know wat is true value of rm1.

This post has been edited by wschoo26: Aug 5 2011, 02:59 PM

Still holding...

G/L

Cheers

hmmm... price not moving that much... must be waiting for the later NFP news....

manage to profit in the deep valley of gold

thomas u r scalper or day trader ??
which tf u usually monitor b4 trade ??

how's NFP ? isn't that great ? haha

on 2nd August, regarding US debt issue ...it is just a beginning of next great disturbance, confusion, or uncertainty.

believe me ...USD will going down on next wave ..

This post has been edited by kevler: Aug 6 2011, 05:13 AM

Ya..agree..i saw NFP result green but usd index still dont move up , sitting like a solid rock. traders not confident. Hehe...my humble opinion only..i am failure trader

the market is still uncertain if US can continue the good growth..

how are things on the euro side ? the italy and dont know who else debt problem

i not good in analysing.I always failed at it and make me headache. I still use robot.Still testing under demo, consistent result.but testing under big account, usd5 million(this account never blow.I use usd5 million to convince myself the rich will forever getting richer, Poor people will eat more expensive rice than rich people). 10 days trading generate usd541k...floating loss usd23k..going to start live soon if demo still show consistent profit.God bless me this time

---

Added on August 6, 2011, 12:26 amHmmm..very quiet here...where all gone? Probably celebrating profit from NFP?


This post has been edited by wschoo26: Aug 6 2011, 12:29 AM

testing a robot for ten days and you gonna start live soon? i strongly disagree on that move..

robot only need 1 funny call and the rest will be history..

btw, care to share the robot you're using.. really like to backtest them..

G/L

Cheers

NFP are great, the only problem is i sleep at 9

u can actually test a robot live.. using micro lots.. 1pip 1cent..

just throw 250 USD , and test the robot live lo easier...

i plsn to use leverage 1:1000 capital usd300. Can earn petrol money enuf lor...no plan to make trading as main income...too risky for me as I heard a lot bad news about robot

---

Added on August 6, 2011, 10:07 amhint:u download martingale ea and then modify it to trade one direction only. Adjust the lot size, , tp , max trade and Mings.

The demo account i posted is not practical...u can see it open audusd 9800lot in one trade(total u can see it open about 20klot on audusd)...so big lot...broker will do funny thing behind you. That robot cannot make me rich but i believe can make small money only. Trade manual is best and most profitable but i surrender white flag on manual.The big demo account tested 10 days trading.Other 4 small demo account tested about 4 months....2 blow already...hahahaha. cannot greedy..play 2 pair or 1 pair...avoid yen pair, small lot...after earn enuf of yr capital, withdraw yr capital..use other people money to trade(i posted the concept earlier on).anyway..dont know can work or not la....only time can tell

---

Added on August 6, 2011, 10:21 amSleep at 9pm? so early? wat work u do can make u sleep at 9pm? I cant sleep at 9pm , my eye will still open big big and my mind will still thinking how to make more money..

---

Added on August 6, 2011, 12:40 pmI dont know this guy , I just randomly search some free tutorial from internet as i free today ,K1shore 100% winning tips.
He said buy eur on 24/11 to 6/12 every year wor...sure up, 100% winning strategies...u all free to verify it? I not good in analysis.
watch his video.
100% win
He claimed he make 233% return on 2005, the highest in world history!!
Why george soros, warren buffet no need to hardsell , no need to yell, no need to make booth at fair like all other commerical trading course trainer(the above video is one sample). IMHO, if got 100% winning strategies, holy grail...u dont need to earn money from training at all.......george soros , warren buffet are perfect examples(my that modified ea already can generate that income with usd5 million. demo...if those got 100% winning strategy...usd5 million profit usd5 million!!!oh man...the sky is raining gold and diamond.....HOpefully those still hunting for magical trading commerial course can open their eyes and minds and see what is 'udang disebalik batu'
See how many innocent spectators there.....
Think deeper , u will get it

This post has been edited by wschoo26: Aug 6 2011, 12:40 PM

NFP dammn killed near 30% yesterday's profit....
should sleep early next time.....
it's weekend... what to do?? gonna sleep.....
get ready for next week yeh !!!

robot....?
hmmm...


This post has been edited by poks: Aug 6 2011, 12:45 PM

weeeknd a lot thign to do wor at yr personal will and time. Date yr bf or gf. Learn some useful knowledge from internet, polish trading skill, Watch some good movies, Email some good friends, play some sports, cook some new dish, bake some cake, etc etc

ya lor, go out at 830am, reach home 5pm. sitting in car 90% of the time driving. feel tired. lol.

EU 1H chart last night

as you can see, the two bottom red area is good for scalping (or gambling, since no confirmation can be made, except on lower TF). price break the middle red are (range resistance), and proceed to the next resistance, retrace, and continue to challenge shortterm-downtrend line. lucky i didn't try to short at that area. but miss the breakout also.