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monty505 replied May 9, 2015@Tunera If you'd take time and think about it, Davit answered as to why I can't do what you're suggesting. I'd love to earn 400% but it's unstable. Thanks for taking the time to reply.
Need some wisdom from fellow traders
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monty505 replied May 9, 2015@Aediaz1 Thank you for your advice. To be frank I just won't feel comfortable trading with friends or family's capital. It will affect my trading. I'd rather save and trade with whatever I have. I have a very clear idea when to get out and close a ...
Need some wisdom from fellow traders
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monty505 replied May 9, 2015@Jmn5611 When I lose, it's around 1 to 2% of capital - don't really have a fixed percentage but the style is such that it comes to about that much. Average holding time around 8 to 10 hours I think. So scalp/intraday - not swing. No to scale ...
Need some wisdom from fellow traders
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monty505 replied May 9, 2015@Davit - Thank you for the article - I do get the point of waiting for good high quality set-ups and I tried that but it didn't work out for me, so hats off to you for being capable enough for doing that. I am more of the multiple trades with mixed ...
Need some wisdom from fellow traders
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monty505 replied May 9, 2015@Gspajon - Spent around 10 to 14 hours a day for quite some time, not years though, but thank you for your kind and motivating words - means a lot coming from a trader like yourself. You'd be glad to know I've started planning out how I'd get my ...
Need some wisdom from fellow traders
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monty505 replied May 8, 2015@mhirama - it's kinda tough to save up to $120,000... and then invest it in forex when that level of capital can be employed in relatively safer businesses (friends of mine are minting real $$ with e-cig shops or buying cars from auctions and ...
Need some wisdom from fellow traders
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Need some wisdom from fellow traders
Started May 8, 2015|Trading Discussion|22 replies
Here's what I am thinking: That to be a full time retail Forex earning around the US national ...
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monty505 replied Apr 24, 2015Hi Jason, I sent you the pm with the details that you requested. Thanks!
FXCM Discussion
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monty505 replied Apr 23, 2015Hi Jason, hope you're doing well... I have a question regarding linking my account with myfxbook.com - this is what they recommend one should do to link trading station platform with them: url Is it safe to give them the login and password ...
FXCM Discussion
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monty505 replied Apr 15, 2015As far as I know, you just need approvals from the brokers or companies... for example tradency has several requirements for a strategy they're gonna approve, they're gonna analyze 30 trades, then make you sign form that essentially states your ...
Managing other people's money to boost capital
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monty505 replied Apr 15, 2015Hi dreamt1me, since i've been stuck in the same conundrum (being able to make consistent returns, with low DD but having low capital) I guess I can share what I read around... first and foremost as far as I understood it you can manage other people ...
Managing other people's money to boost capital
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monty505 replied Nov 13, 2014It seems to me that I have been misunderstood, when I said 'not that good of a trader' I meant that there was this perception that every call put forward by EURUSDD was going to be a winner - was just pointing out that wasn't true, that he was a ...
The similarity system
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monty505 replied Nov 12, 2014four hours ago he said "270 mins from now"... i guess half an hour remains, if you really want to count every min
The similarity system
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monty505 replied Nov 12, 2014well as far as I know the call eurusdd made was wrong... as in the price as of now is below the 98% certainty level - so maybe I'm missing something here or he aint that good a trader
The similarity system