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hilmy83 replied Nov 23, 2006i think the 'sky's the limit' applies to everything in this life, not just trading. If you believe that you can succeed and you put in the effort and heart into something, you will get something out of it
Is the sky the limit or is it too good to be true?
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hilmy83 replied Nov 23, 2006Well before I answer your question, remember this phrase: Let your profits run, and keep your losses short... So everybody has their own style of trading. Some doesn't believe in s/l, some use t/p and some don't I'm one of those people who doesn't ...
100 Trades Analysis
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hilmy83 replied Nov 23, 2006When I opened the SHORT on CHFJPY, I felt an troublesome feeling of a newbie; fear. I never had a trade that went well with this pair. This is probably one of those crazy range market that doesn't trend well, but, I reasoned with myself. I said that ...
100 Trades Analysis
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hilmy83 replied Nov 23, 2006New trades open image Trade #38 EUROGBP Risk percent: 2% Trade #39 CHFJPY Risk percent: 1%
100 Trades Analysis
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hilmy83 replied Nov 23, 2006Trade #21 NZDUSD Stopped @ 0.6691 Net pips: 44 pips R: 0.80
100 Trades Analysis
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hilmy83 replied Nov 23, 2006image If it was couple of months ago, I would have closed these and be one happy dude. But now, I'm like sort of indifferent towards these kinds of things.
100 Trades Analysis
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hilmy83 replied Nov 23, 2006Oh yea, I found that same calculation somewhere else. Maybe I misunderstood what expectancy is when i read van tharp's book. Thanks
100 Trades Analysis
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hilmy83 replied Nov 23, 2006so it's just coincidence that all his trades were closed on the same day for profit. the title is inaccurate! false advertisement
223 Pips in One Day
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hilmy83 replied Nov 22, 2006New Trades image Trade #33 GBPJPY Risk percent: 2% Trade #34 AUDNZD Risk percent: 2% Trade #35 EUROAUD Risk percent: 2% Trade #36 EUROJPY Risk percent: 2% Trade #37 AUDJPY Risk percent: 2% aight i'm out..
100 Trades Analysis
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hilmy83 replied Nov 22, 2006This is a better version of the excel with the dates open included
100 Trades Analysis
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hilmy83 replied Nov 22, 2006So I finally completed my first 20 trades, thanks to the EUROCAD. Here are the results: <TABLE style="WIDTH: 144pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=192 border=0 x:str><COLGROUP><COL style="WIDTH: 48pt" span=3 ...
100 Trades Analysis
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hilmy83 replied Nov 22, 2006Trade #28 USDJPY Stopped @ 117.64 Net pips: -39 pips R: -0.82 Trade #4 EUROCAD Stopped @ 1.4678 Net pips: 190 pips R: 2.37
100 Trades Analysis
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hilmy83 replied Nov 22, 2006yea but didn't you lose them back!?, if you doubled it twice $70 - $140 - $280 So you should have about $280 dollars if you doubled it twice. The thing is you lost all that you made Here's my honest opinion of why I think you should change this plan ...
28 Levels to 10k...
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hilmy83 replied Nov 22, 2006Pips doesn't tell you the whole story. Instead of focusing on the amount ($) or pips, the best indicator of your success is percent return based on your initial equity in a given time.
Hi from a forex newbie
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hilmy83 replied Nov 21, 2006I believe you are not 'progressing' towards your goal is because you are risking way too much based on your equity. And if your system is not profitable in the long run (low expectancy) you pretty much bouncing back and forth at these levels without ...
28 Levels to 10k...
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hilmy83 replied Nov 21, 2006thanks, i did read the van tharp book once. I guess I'll reread that particular section
Which ratio to use?
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hilmy83 replied Nov 21, 2006I'm 100% technical. Cause the thing is, I have experienced many times where fundamental news gave me a BIG boost in pips. So to be cautios around news time to me is really a fear that is baseless since none of us know what kind of numbers we will ...
100 Trades Analysis