May 29 2016, 01:11 AM
QUOTE(demolationz @ May 29 2016, 12:40 AM)
Yezza. Powerful already bro. Its all about long term progress. 
QUOTE(Goodboy92 @ May 29 2016, 12:45 AM)
Jack2 , you perform very well , can show detailed performance? On the MT4 right click save as detail report
and as i see from your trade all were around 1 day or less , and mostly small losses with big winning
and that was 1month results which is very good in my opinion ( but good or not only you know )
can see very minimal mistake there but every trader do
just some comment on your trading money management
- No SL , you manage on time? , and 1 big move can clear out all your profit or most, but if you were psychologically strong then no problem, or you protect by using small percentage capital on broker with negative balance protection
- No consistent lots size , maybe you started with profit then you double up
but if your way was simply double up with no consistent then i would advice use a consistent until certain capital increase only change,
as with Percentage based risk if you start with losses then your winning goes small later , because we dont know which arrangement/occurance the win and lose will be
example : W,W,W,W,L,L,L,L - L,L,W,W,L,L,W, - L,W,L,W,W,W,L
to get a more consistence profit factor would be same risk on all trade
maybe you got better money management calculation?
Advice from a pro for every retail trader :
TRADING IS NOT A INCOME STRATEGY
PROFESSIONAL TRADER EITHER WIN OR LOSE THEY GET PAID WITH INVESTOR MONEY
WHEN WIN THEY PAID MORE
WHEN LOSE THEY PAID BASIC SALARY
AS RETAIL WE CANT AS WE PAY OURSELF WHICH IS EVEN A PROFESSIONAL INSTITUTIONAL TRADER DONT DO
BECAUSE THEY KNOW THAT WAS NOT THE RIGHT WAY TO BE WEALTH IN TRADING
THEIR AIM WAS TO BUILD THE CAPITAL AND USE THE CAPITAL AFTER A CERTAIN AMOUNT
SO, TRADING FOR A LIVING/INCOME WAS QUITE WRONG FOR RETAIL TRADER
Not looking good my graph.. Just realised gross profit byk, gross loss pun byk.and as i see from your trade all were around 1 day or less , and mostly small losses with big winning
and that was 1month results which is very good in my opinion ( but good or not only you know )
can see very minimal mistake there but every trader do
just some comment on your trading money management
- No SL , you manage on time? , and 1 big move can clear out all your profit or most, but if you were psychologically strong then no problem, or you protect by using small percentage capital on broker with negative balance protection
- No consistent lots size , maybe you started with profit then you double up
but if your way was simply double up with no consistent then i would advice use a consistent until certain capital increase only change,
as with Percentage based risk if you start with losses then your winning goes small later , because we dont know which arrangement/occurance the win and lose will be
example : W,W,W,W,L,L,L,L - L,L,W,W,L,L,W, - L,W,L,W,W,W,L
to get a more consistence profit factor would be same risk on all trade
maybe you got better money management calculation?
Advice from a pro for every retail trader :
TRADING IS NOT A INCOME STRATEGY
PROFESSIONAL TRADER EITHER WIN OR LOSE THEY GET PAID WITH INVESTOR MONEY
WHEN WIN THEY PAID MORE
WHEN LOSE THEY PAID BASIC SALARY
AS RETAIL WE CANT AS WE PAY OURSELF WHICH IS EVEN A PROFESSIONAL INSTITUTIONAL TRADER DONT DO
BECAUSE THEY KNOW THAT WAS NOT THE RIGHT WAY TO BE WEALTH IN TRADING
THEIR AIM WAS TO BUILD THE CAPITAL AND USE THE CAPITAL AFTER A CERTAIN AMOUNT
SO, TRADING FOR A LIVING/INCOME WAS QUITE WRONG FOR RETAIL TRADER
no SL or TP - manageable
not consistent lot - high probability trades opened with larger lot.
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Looks like it still bearish, now i'm waiting retrace up till 0.7179, and then seek confirmation sell on H1. 
with just 1usd starting capital
0.0261sec
0.59
6 queries
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