eagerly waiting for the gathering!

You using fundamental, technical or indi?

EURUSD is back to 1.10 ......


this is where i BREAKBREVEN point , when my USD76K on the line.
If managed to hold , USD76K is back home ....


again, too bad.

honestly,
after the LOSS of USD76K back in October,
I still hanging on , from USD4K ---> USD13K ----> USD3K ---->USD7K (now)
*managed to withdraw back USD2K for expenses.
No plan to add more own $ .
Found out, i have over commited .

Like In war , I have over commited my troops.


Hansel ,
if u drop by penang, remmeber to message me .


drwk,

another legend of 7 digit ....
now , my losses of 6digit seems nothing ....



Fundamental most .
No indicator, just volume for reference.
only trade EU .
Quick scalp .
6Standlot each trade .
can get ~USD1K--3K per week . ==>Can MC too .
*dun follow me , i have burst too many accs.

Thanks for sharing. Why Boss no try Technical?

Anyone want to gamble trades on scalping mode, just pass me your account. Profit split.

if looking at naked chart is consider techinical == YES .

but like this no more syok eh...

Martingale can be fun ,makes a trader nervous but can be highly rewarding if well executed.
I heard there are also ways for risk control for martingale systems.
But is a no no for inexperience traders.

martingale is for commercial traders to dump on noobs retail traders

Haha. You have your point.
However , i observed that the FX market is both fair and open for any one with an account to execute their entries and exits to and as exactly similar to what is infront or available to a pro trader.
Technology ,informatipn flow and brokers competition has helped the present day retail traders a lot.

The only different is the knowledge for those executions. In another words ,to develop a sustainable edge over the market.

This post has been edited by sunnyK: Nov 29 2019, 01:11 PM

macam yes

We all know , in FX macam macam ada boss.
On a side note , i believe there is nothing wrong with the martingale system ,only the implementation.
One or two wrong execution as is sometimes the case , semuanya habislah .So many trading accounts gets busted .

On a serious note , better dont experiment with martingale system.

This post has been edited by sunnyK: Nov 29 2019, 02:03 PM

All system bagus, martingale or not, scalping or not, as long it make money

Buying EU GU & Selling UC.

Good luck to all.

This post has been edited by hft: Nov 30 2019, 10:17 AM

In some way yes but a little simple to grasp.

No one or even two trading system however good they maybe ,
are test proven to be successful consistently against the ever changing dynamics and condirions of FX market. If not , EA can already take over the trader and it is why all EA are not helpful eventhough they are programmed by vastly experience traders.

The human touch of the trader and an experienced hand too are required ,because as we know ,market price are moved and driven by human too and at times , highly emotional and irrational.

As for making money , newbies should not focus too much on this but instead on ,not losing too much or protecting capital. A minimum 3- 5 year learning process maybe just sufficient.

This post has been edited by sunnyK: Nov 29 2019, 11:25 PM

There were fund success in using computer to trade, but they have different resources etc, I don't think it was possible for retail to do that.

Jim Simons has about 70% average return over 30years.

I tried to understand the algorithm but fail haha, call Expectation Maximization Algorithm and Welch Baum Algorithms, only Math expert professor can understand those math formula , not to say using them properly yet.

martingale = catch falling knives

you're essentially lying to yourself, averaging down your loss tying up capital...you can probably get away with non-leveraged stuff and relatively big enough capital...but is not efficient use of funds...

market is brutal and unforgiving...the big bully the small... mistakes get punished...we only have freedom to participate and how much pain we wanna endure...

nice