Bro wodenus I don't quite get your last statement... Are you comparing the roi of mutual fund vs a zulu SP? That stuff is not even in the same ballpark. And I don't mean that in a condescending way.

we can identify the right signal provider by asking only 2 questions:

1. how many times have you doubled your real money trading account in a year?
2. if >=1, are you ready for verification?

above are only 2 qualifying questions newbies should ask to identify a real and profitable professional traders, actually there are, but they don't bother to tell you or publicize themselves openly.

Brokers provide 50x to 200x financial leverage. if properly leveraged on different time frames, pairs and setups, 5% in a day is nothing by the standard of a good trader. One can loosely call themselves professional trader, but being full time and profitable elite traders are two different things. The good traders knows when to scalp and when to ride trends, cause if anyone only adopt a single system, they cannot be successful long term, especially the ones that trade highly correlated pairs.

if anyone is dreaming, it's the fox that claims the unreachable grapes are sour.

It is ok. I don't need 1000%. Tell me if you can get 5% above monthly with consistency and proper MM and of course ready to change broker. I will offer you a job seriously and take my words. In coming 2 months, I have another MYR 100k coming in for PAMM. Prove it to me in this 2 month and you will get the fund.

This post has been edited by tdoptions1689: Jun 9 2014, 05:22 PM

The master of diversion has diverted the attention from himself. Well done.

Hei, I have nothing to divert. Prove it to me. If nobody can win the position, you can soon see my PUBLIC PAMM with another MYR 100k of fund. You though this is jokes? It is no joke, the problem is can you do it with consistency of 5% and proper MM?

This post has been edited by tdoptions1689: Jun 9 2014, 05:25 PM

Dear Mr. Lowya, you are going through the same thing of my mistake when I was just a newbie, seriously. I also though I only can trade as professional when I can do 20-30% monthly. Only someday don't know when I realize that 5% monthly with consistency and good money management are already more than enough as a professional trader. Do something that make sense, more than 5% treated as value added only. Just as what you mentioned on those text book of 1:2 or 1:3 ratios, those are only tutorial. If you can't score consistency even 5% monthly, don;t tell me you gonna score it on daily.

By the way, if you really wanna see what an ELITE trader doing, those really elite instead of hidden with years and years of trading record and reputation. Go to Rapacapintro or ForexBoys, and look into their trade and behavior. Does they trade as what you mentioned using those leverage or does they have 5% daily. Or do they scalp on their trades? Or does they follow the tutorial of text book using Reward Ratio of 1:2 or 1:3 as you mentioned. I don't know what to say if you still saying their not those ELITE because they are handling Billion of Funds and I wonder have you heard about Gleneagle Securites.

This post has been edited by tdoptions1689: Jun 9 2014, 06:22 PM

Go and study their trade, exploit those ELITE behavior and then compare with your square mind thinking. Don't try to influence me with your silly naive mind with full of those text book tutorial. If you can success everything by just following those text book tutorial, there will be no failure trader. Be creative, don't be square minded and think that your knowledge is good enough for someone who is better than you. 5% DAILY is nothing, keep on that dreaming and I bet you won't success in FOREX for another 10 years with this kind of dreaming and naive behavior.

Maybe those who are looking at this forum saying I am cocky, isn't friendly at all on those comment. Yes, indeed and I admit I won't give face to those who is bodoh sombong. Maybe it is hard to accept, but it is better if he realize on his mistake and trying to wake up from his mistake and day dreaming. Forex is everything about money, the more time you waste on same mistake, the more loss you are gonna suffering at.

This post has been edited by tdoptions1689: Jun 9 2014, 09:42 PM

don b a spy......

u wan.. i consider give...

u dun wan.. i wont bother oso

Here is my 2cents idea. Hope it will be practical for you to ponder upon or to try out.

Example: My favorite pair is EURUSD
Expected Daily movement is around 80~300 pips.
If your Account size is USD300 or below. You may just use lot size 0.01~0.03
Use 1Hr or 4Hr as your Time Frame. Execute your desire position by 15 or 30mins Time Frame. After executed your trade ....modify your TP set 200 pips from your executed price. Switch off computer, no psychological torture.Check few times a day if you like.
If it goes against you, is ok. Just wait 2 or 3 days. Usually it hits your TP within 48 hours.
Ya....no SL. Cause SL makes you lose money in long run. Brokers love killing SL.

Happy trying out. Better result better emotion better time management. Forget all funky Indicators or news.

Hmm badass strategy. I'm OK with no tight sl or anywhere near significant area because you wanna avoid spike.. But say, you got 400dd. Still hold it until breakeven?

Well, you may try it out. The time and result will your judge. God bless and peace 😉

Well, I suppose it might work if I had the same set of variable in your head.

Hehe.. Seems a bit interesting on the strategy. Let me give you guys something too without a lot of phycological and read, as long as you have some knowledge on candlestick.

Here are the rules of setup.

1) Must have a trend.
2) Must on 4H charts.
3) Must have 2 Full Body Candles. (Many people doesn't understand what's the meaning of FULL BODY. It means it must have upper shadow and lower shadow.)
4) No High Impact News in 2 Hours after Closing on 2nd Candle.
5) Stop Loss (Previous Candle + 20 pips)
6) Take Profit (1st Full Body Candle O/C + 2nd Full Body Candle O/C, Divide by 2)
7) Good Luck.

Don't think that Forex are so complicated when actually it wasn't. (KISS principle) Keep It Simple, Stupid.

This post has been edited by tdoptions1689: Jun 10 2014, 11:48 AM

totally agree with bro whiteace. better don't set SL. with proper MM, what's there to be fred off...

wow,this strategy so 90's lol.btw good luck have fun.

It remember me 1 strategy on old days for GBP/USD. Most likely the same, but it concern more on certain period of time.

LONG CHF/JPY.

DOLLAR/YEN is showing absolutely weakness CORRECTION on 4H and DAILY. Buying anything against YEN now means killing yourself.