Yes Ferr that´s going to be the hurdle, once anybody starts hitting those big numbers...provided they started with 50 $ and grew to 100000$ I´d be more than satisfied if my skills take me that far though...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Sounds right on! Keep it up!

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Please clarify: You are saying you (have seen) "tons of people i have seen who have made 15+ consecutive winners in a row" ?????????? I´m trading since 15 years, I have never seen or read about any one single trader making 15 winners in a row! ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

win rate of 51% is by no means little brother.... That performance with a decent MM would get you a job at Goldman!

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

This is a nice example of a successfull hedge on 5 min. The trade was performed by Jack168 He started short, based on his indi OS signal. Went against him and hedged, instead of stop. On the top resistance level he closed the long with a profit. (At ...

Trading Without a StopLoss

Stops get hit cause the market acts like PAC MAN period...that´s also the reason why almost everyone looses...and all the people attacking this no stop thread, are obviously not being too successfull with stops, otherwise why bother! Hedging is ...

Trading Without a StopLoss

Yeah, agree still it´s not easy....I´m hanging there with a very small edge....most of it due to stop hunting...it´s very hard to find a cheap place that wont´get shot, specially on 5 min....reminds me of a "Pac Man" game....you can run as fast a ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Agree that´s really sharpening your pencil...great if you have the time...I stick to just a collection of 7 pairs, fairly uncorrelated....try to keep it simple, I figured if I can´t make with with those...

Trading from an Experienced and Successful FULL TIME Trader

Also beware of the CAD news today in a few hours!

Trading from an Experienced and Successful FULL TIME Trader

Problem I see with GBPCAD, is it is almost 90% correlated with: GBPUSD which in turn is also very correlated to GBPCHF, and GBPAUD... IN the end, why not just trade cable, less time spent analyzing 4pairs instead of one, plus the spread is usually ...

Trading from an Experienced and Successful FULL TIME Trader

Yes but power houses like Germany, with Support of 10 others, can Change any law they want...or almost...although if UK sues...it could delay things...France went ahead last year anyway, with very poor results... The Problem is the tax , will have a ...

Tobin Tax Effect on Forex

Anybody with consistent 50 pips a day should be a millionaire...I hear that all the time, "I just need 10 pips a day, etc"... Reality is the majority (vast), loose, consistently those pips a day, if not average...loosing...that´s the reason FF ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

correct, waiting for that to tun around...then maybe look at the 15 min....for a clear entry...patience...

Trading from an Experienced and Successful FULL TIME Trader

short ?

Trading from an Experienced and Successful FULL TIME Trader

Exactly! if it asks for adm. clearance, you might need to save them in your Desktop temporarily, and insert them from there...(thanks to th overcomplicated "Administration rights stupidity" from Windows)

Trading from an Experienced and Successful FULL TIME Trader

Brother hope you realize by now, that most of us in this thread would really appreciate if you........ Kind regards.

Trading from an Experienced and Successful FULL TIME Trader

Hi Doriot thanks for your extensive and very usefull explanations. Happens all the time, people either get envious, or just think they will be cheated again....so they start attacking. My suggestion, don´t even waste a second on those, clean them up ...

Trading from an Experienced and Successful FULL TIME Trader

Anyone looking for some help on an effective system, that could be applied with the Rags goals: url In my understanding, any system with a positive expectancy, should reach the "jack -pot target" of this thread...sooner or later.. The question ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Thanks for that Owl all the best to you...I will get some good sleep tonight.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Please read properly, I wrote russian rolette upside down, and the Broker (Bucket) is the one being hit!...and it was all a joke. And no, 50 bucks won´t kill me...and yes I´m all for this thread, positive. Having said that, I just had a couple of ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest