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 Forex Version XVI, Foreign Exchange Market Discussion

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TSkevler
post Sep 15 2015, 04:27 PM

trading in the zone
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QUOTE(daus89 @ Sep 15 2015, 04:14 PM)
got news 4.30pm later,going to put tight sl on gu
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waiting for next 5 min for news
TSkevler
post Sep 17 2015, 10:58 AM

trading in the zone
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QUOTE(hehe86 @ Sep 17 2015, 12:38 AM)
hmm... let say i wanna aim for 1k USD every month, so i need to know no of trades i need to do based on my trading method with risk reward ratio of 1:2 and risking either 10USD or 50 USD per trades...
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QUOTE(cmk96 @ Sep 17 2015, 10:16 AM)
from my experience, the calculation are mostly wrong... its not the number of trades per month that you need to worry... its the number of "correct trades" that counts... no one can be correct 20 or 30 trades straight... if there is.. he/she will be a 100% profit trader all year round...  biggrin.gif

my advice to you is... have a proper funding... check your pairs value per pip... trade a consistent method by checking the history record... dun belif in rumours.
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yes ..need to have proper money management and good capital as well .

like me ..I'm trading for 24hrs by 5 days now . and not necessarily check the graph all the time ..i just check from time to time and when news arise , i will check to see how my trading performs .


the reason why i do this , is because i want spend my time more with my kids and not put my emotions while trading.

another reason is i want to focus on elliott wave counting and brush up my knowledge on EW so i don't need to be worried when market will free fall minimum my risk on trading .

gain more , minimum the risk.

keyword - consistency

minimum 10 usd per day is totally fine for me ..for 1 trading account.

imagine if i had 10-20 accounts at my disposal...thus i have to use MT4 multi terminal to manage it ..just like hedge fund manager does it all the time.

10 usd per day x 10 accounts x 20 days of trading per month == 2000 usd

i dont want to be millionaire . I just want to be financially freedom. no debt . i can travel anywhere i want without thinking too much about money.

luxury things is not my priority , but sometimes i buy it for my family .

fruit for thoughts .
TSkevler
post Sep 18 2015, 12:28 PM

trading in the zone
*******
Senior Member
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Joined: Oct 2004
From: localhost


i got margin call on 2 of my trading accounts , another balance 3 accounts survives .

need to do post mortem on this 2 accounts . frankly it might be wrong analysis and calculations. my mistakes .

lesson learned . nevertheless ..i have transferred earlier , some profit money of 1st account to another 3 accounts respectively, thus i wont feel that sad much..huhu.

will create new account to perform the trading next week.

This post has been edited by kevler: Sep 18 2015, 12:43 PM
TSkevler
post Sep 18 2015, 01:44 PM

trading in the zone
*******
Senior Member
2,939 posts

Joined: Oct 2004
From: localhost


QUOTE(9kingsir @ Sep 18 2015, 12:59 PM)
y MC? which pair make u MC?

u played few pair at same time? hmm.gif  shakehead.gif  shakehead.gif
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QUOTE(KeroroQ @ Sep 18 2015, 01:38 PM)
You need revise your strategy brother, let's say you risk 2% per trade,
it takes you 50 trades to lose all your deposit, even a gambler won't
lose all 50 times, unless you are taking high risk on your account shakehead.gif
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thanks mate .
i traded 1 pair at a time ..maybe there was some false calculation on my risk taken earlier especially on margin ..thus i pay for it .-(
TSkevler
post Sep 19 2015, 06:35 PM

trading in the zone
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ucad is volatile pair , i must say .

but if u can ride this pair consistently ...it must be a good pair to earn profit
TSkevler
post Sep 21 2015, 02:36 PM

trading in the zone
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trade on EJ ..seems ok .. holding sell and standby for buy later
TSkevler
post Sep 21 2015, 03:12 PM

trading in the zone
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QUOTE(poks @ Sep 21 2015, 02:54 PM)
I can only tell you when i think it dived enough happy.gif

I can't predict smile.gif
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QUOTE(13aby @ Sep 21 2015, 02:59 PM)
rclxms.gif  rclxms.gif  rclxms.gif
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me either ..

i can't reason on market
TSkevler
post Sep 23 2015, 10:40 AM

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strong bearish on GJ pair ..keep holding the sell ...


put trailing stop recommended

Attached Image

This post has been edited by kevler: Sep 23 2015, 10:40 AM
TSkevler
post Sep 23 2015, 03:39 PM

trading in the zone
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QUOTE(13aby @ Sep 23 2015, 03:36 PM)
i think EU will drop today......... just my thinking haha .....
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Attached Image

still bear and I'm holding sell trade
TSkevler
post Sep 27 2015, 04:41 PM

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Please continue this discussion at link below

Forex Version 17


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