Dont agree with this at all, not one little bit. For a start bill gates is exceptionally charitable, and warren Buffett offers one on one investment advice... And he doesn't need the extra cash. There is also a misconception that you need to learn ...

Does anyone offer tutor sessions?

Crackng saying! I like that a lot. I also think that if you are not prepared to enter into a trade with a loss, you are also trading to big. At the end of the day it is all relative- a 100 dollar loss is nothing in a million dollar account, but on a ...

Why Can't I Trade?!

so at the end of a very successful week, account up over 10% for the week, 2 losers out of 19 trades, and my account up 14% overall... Makes for some very happy reading, all with a risk of 2% per trade. Reading some of the other comments on other ...

The MOES

well after a bit of a dip in form last week, I have now surpassed the 1800 mark, with a big return of 7.5% return this week. Bit annoyed as it is just short of the BRN of $200!!! i had a bit of a dip last week, but this has been mainly down to lack ...

The MOES

2 more winners this morning, and seriously annoyed with myself! I woke up feeling a bit wobbly and closed both trades out. Literally about 15 minutes they both took a nose dive and I would have made c.60/70 dollars or so... I have my rules and I ...

The MOES

2 nice winners today, but put the other trade through another account, so only showing the gbpusd trade. Good way to kick off the week! Win ratio keeping solid, and looking forward to showing the full monthly return of the system- hopefully about ...

The MOES

hey 100dollars, seems like you are growing your account very nicely! Keep up the good work!

100 dollar account journal

Brilliant! :-)

Want to know how to get rich?

well, a 2.4% return for the week is not bad considering the issues on the euro- I try to stay away due to the uncertainty... And of course the nfp is always a fly in the ointment if you are not a news trader. On top of that my wife gave birth to our ...

The MOES

However buffet is an investor not a trader, there is a massive difference. With the kindest in trading as above, you will nt win long term as you will limit your wins, and basically let your losses roll... That was the way I started off and not ...

What helped you the most to be profitable?

just a bit of advice- get rid of your weekly target. 2 things can happen with weekly/daily targets- 1) you ht your target, and ignore profitable setups- means you lose money! 2) you get closer to the end of the week and you feel the need to fill ...

100 dollar account journal

audusd- won for another 19 pips a reasonably quick trade this one, and netted a nice 1.2% to the account, will hopefully break he $1700 mark shortly. the trade did everything it was supposed to do and went to full profit without ever being out of ...

The MOES

downandout, targeting old highs and old lows is a dangerous game, you may have to go through 3 levels of s/r to get those highs and lows... Each one could be major s/r lines... To build confidence why not target the next s/r level.. Get those pips ...

Why Can't I Trade?!

Both long term MOE's got stopped out today, first thing at market open pretty much. I am not convinced the MOE's are really a good strategy for the longer time frames. they are really good at finding jumps in the market, but daily trading just seems ...

The MOES

I think we need to define what the OP means by 'random' to truly understand where he was coming from. For me Random in this context means that it can not be predictable, and patterns do not emerge over and over again. Which is just false, as I am ...

Forex Dream Chasers - The 90% rule of randomness

I dont see how this is supposed to show some randomness in the market - the market DOES move for a reason. If it was truly random however, how come my indicators point to the USDJPY being oversold and it is ready to push up to the 1.24 level? I ...

Forex Dream Chasers - The 90% rule of randomness

I think randomness is all about your persepctive. For instance, someone looking at a 1m, will see things differently to a 5 min trader, likewise, they are worlds away from a daily or weekly or dare i say it, a monthly trader! the 1m trader could ...

Forex Dream Chasers - The 90% rule of randomness

CHFJPY 17 pip winner Another winner on the CHFJPY. This was opened up on the 4 hour timeframe, and i was actually expecting this to close out pretty quickly - not to be unfortunately, as we had a news release halfway through. There was nothing ...

The MOES

I think the biggest thing for me, was to stop following. I usually use the mantra that a good trader can turn a bad strategy good, and a bad trader can turn a good strategy bad. What I always used to do was buy systems others were profitable ...

What helped you the most to be profitable?

Plukin, remember though that being more picky may result in you filtering out more good signals than bad... Forex is mainly a numbers game, and you have to play those numbers sometimes! Losing is part of the journey, after all it is easy to get ...

Why Can't I Trade?!