Do you put stop loss?

not really actually because i know you will get 10-15 (maybe 20 but i wont take a risk). i already give a hint, check forexfactory and announcement.

I think he didn't put stoploss.

i only want 10pips...but enuf to cover my daily spending...

tis guy scalping ma. pro liao.
play with big lots. then can earn la.

Don't quite understand how you get $75 a day since you said only 1 trade and 15 pips a day.
1 day 15pips , 20 days (1month) should be 300 pips only mah.

Big lots



This post has been edited by bulkbiz: May 4 2009, 08:37 PM

i miss my 10pm!!!! i fell asleep. now its gain more than 15pips EU.

i too trade 1 or 2 trades a day, with exit target of 20 pips and stop loss of 50-60pips uk9089, it's kind of dangerous not putting stop loss unless u have the highest confidence.

USD1000 should be mini account. Assuming 100:1 leverage, 1 lot = USD 1 /pip for major pairs
$75/15 = 5 lots per trade.

This post has been edited by woopypooky: May 5 2009, 10:06 AM

Still doesn't make any sense.

As you all know forex is highly sensitive to press releases and press conference from central banks, governments, etc. If you can scalp and make money without having any stop loss, there's almost unbelievable. Sure, you have your ways but i been trading bigger lots and much longer period than you and i wouldn't say i never lose.

All traders lose, its just a matter how small the losses are and how big the gains are. If the trader claims he NEVER loses, i am a non believer. How would you reshape your strategy and sharpen your skills when you never lose?

Another small note: I'm not hatin on your scalping skills as i make much more than your scalp trades. I daytrade us stocks and i make 500 usd a day, if i am PROPERLY awake and do my research. Those who knows me will know my studious side. I don't claim i don't lose, but when i do lose, i admit my losses.


This post has been edited by AdamG1981: May 5 2009, 11:07 AM

Anyone using pivot for trading? If yes, what is the time frame taken to calculate the previous day high, low and close?

I can't seem to add 200SMA to my charts using FXCM? Anyone have any idea how to include this indicator in FXCM Micro?

AdamG1981, want to start a hedge fund, e.g. managed futures fund, global macro fund?

Humility is a sign of strength!

i'm using fxcm

pivot points are not working




btw, can you login? do you use streamyx?
I cannot login at all, yesterday and today..


lagging all the time



anyone knows a good proxy?

For 'sensitive' sites, my recommendation is do not use third-party proxy. If you are serious about trading, get a 3G BB.

I lost 10% of my account yesterday and today. Need to take a rest already. See ya guys ><

This post has been edited by bulkbiz: May 5 2009, 03:53 PM

No revenge trades, and always be patient. You do not have to trade everyday to win. Don't chase money or else money will fly from you.

Bro AdamG, i need to ask you how does the NFA New Rules (No More Hedging) affects my trading style of buying multiple orders or selling multiple orders in one pair ? for example i Buy EU at 1.3000, then i Buy again at 1.2990... But i wont buy & sell at the same time... only Multiple Buy orders or Multiple Sell orders

Thanks !

Always maintain your lot size daily, don't go greedy to open more lot size, catch your own technique and you can maintain stable daily profit.

You may want to read this thread: http://www.forexfactory.com/showthread.php?t=166321