Lietotāja 7forex ieraksti

The Main reason Why Forex Traders Fails. in Galvenais Jan 19, 2012 at 17:52

Yes, I think psychology is the most important aspects in forex trading and I agree money is the main reason for trading emotionally.Per your recommendation that is to "forget about the money", can you also suggest how to do that? I believe most traders know we need to not thinking about money but just don't know how.Looking forward to your advises.

7forex-live in Tirdzniecības sistēmas Jan 19, 2012 at 09:59

My daily goals are +4%; 15 pips and 60% winsMy weekly goals are +10%, 50 pips and 60% winsMy monthly goals are +50% and 65% wins.And my overall trading goal is to make improvement every day.

Hey all!...What is a good monthly return/drawdown limit ratio target? in Galvenais Jan 18, 2012 at 23:08

Keep doing what you are doing and you will have a lot of clients. Your performance is what investors are looking for!

7forex-live in Tirdzniecības sistēmas Jan 18, 2012 at 07:59

I am focusing on trading this account with 50:1 leverage and risk up to 5% per trade for 50% monthly compound profit target. You can check my 'Goal" for more details.

7forex-live in Tirdzniecības sistēmas Jan 05, 2012 at 09:38

1000% a week is hard for both demo and live accounts. This account can't make 1000% at all because it's 50:1 leverage. My goal for this account is 100% a month.

How do u react, the moment your trades hits stoploss? in Pieredzējuši treideri Dec 27, 2011 at 06:30

To me, most systems can make money. However, only the traders who can manage their emotion well can really make profits from trading. I trade the same system for many years and only make money when I can manage my emotion well and lost huge when I am trading emotionally out of control.

How do u react, the moment your trades hits stoploss? in Pieredzējuši treideri Dec 26, 2011 at 19:35

I really appreciate this thread and all your posts. They help me so much and I need to learn, improve myself from your advices because I always want to get right it to earn what I just lost back after being stopping out.I must think getting stopped out is one of the right thing, instead of thinking I am wrong. I should also walk away from the computer for a while just like Affi2 post.Anyway, I can trade well when I can control my emotion and trade terrible when I am trading emotionally. Must improve myself on this area which is the hardest part of Forex trading.

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Dec 26, 2011 at 04:24

I agree. I must trade better patiently and wait for the best trading opportunities to reduce the ups and downs. My current winning ratio is under 60% and my goal is to trade better with 75% or higher winning.

I'm new and somewhat lost in Jauni treideri Dec 22, 2011 at 19:24

Well, Forex trading is very easy to get in but very difficult to be mastered. You need to invest a lot of time and money to have a little chance to be success and most people can't make consistent profit from Forex trading. However, if you can survive, means you don't lose too fast, you may have a little chance to make it another year which is what you need.You need to ask yourself: Can I commit to it life time with a lot of frustrations, time and money? If not, don't even try.Most Forex trading systems can produce profits if we are mentally health enough. My trading system is very...

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Dec 22, 2011 at 19:04

Some as me if I can make an EA for my trading strategy and they will help me to do so. My question is that it's possible to make a EA because I only draw support and resistant lines manually on my charts.

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Dec 21, 2011 at 01:45

Hi TheCyclist,I am listening and your advises are so important for me. I truly appreciate your efforts and comments. Because of your posts alone with others, I am now trading with Stops to limit my per trade risk that helps me survive for some other trades when I make a wrong decision. Again, thank you very much and look forward to your posts.

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Dec 20, 2011 at 10:30

I received a lot of messages asking my trading strategy. I believe Forex trading has very little to do with trading strategy (of course, we need one that is profitable). It's a mental game. My trading system is very simple. I just trade on support and resistance and I trust my system when I am mentally healthy. However, I may overtrade and be mentally out of control sometimes when I can lose big. That is why I only trade 20% or less of my total risk capital to avoid losing all my money at once.So my trading strategy is to trade on support and resistance. I only draw support/resistant lines...

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Dec 19, 2011 at 23:08

I am now trading a live account with 200:1 leverage which was impossible for US clients in the past. However, the spread on live account is a lot higher than demo or even different than the spread on their website. The spread I am trading is about 2.3 pips while their website states it as low as 1.3 pips. Every pip means 1% for me because I am trading 100:1 leverage. If I make 100 trades, it will cost me 100% or more (because I compound my trades). For this reason, my profit target will reduce from 1,000% to 500%.After carefully considering all your comments, I am now trading with about 12 pip...

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Dec 14, 2011 at 06:13

First, I would like to thank those who trust me and let me trade their accounts. I did trade one live account but the result was poor for about -70%. I am sorry for losing your money. After carefully review my trades and learn all your comments. I believe that I should continue to trade on high leverage with stops. I need to find a broker that accepts US clients with 100:1 leverage all higher. I found one and now testing it on demo and will open a live account soon if the demo works find.I also appreciate all your comments here. Especially, I agree that trading system can only work if we have...

7forex-2.5k in Tirdzniecības sistēmas Nov 22, 2011 at 17:27

Thanks Giving is coming. I will stop trading this accoun now.You can see my trading details login to the account.Account Number: 11255499Investor Password: 10pslServer: ThinkForex-DemoHappy Holidays!

7forex-2.5k in Tirdzniecības sistēmas Nov 22, 2011 at 04:30

Another high risk, higher return account for you to review or follow. This is my 5th account here with 1 loss. Please check my out for more information.

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Nov 21, 2011 at 17:43

fxbootstraps, Great point on demo account performance. I keep saying that I have no experiences trading live accounts on this broker because they don't accept US clients. I can only hope the trading conditions on live account should be as good as on demo for the same performance I have done 5 times here with 1 loss.I also agree with you that risk/money management is one of the most important aspects of Forex trading. You can read this thread and find that my risk/money management is unique and much better for this opportunity.Here is another account I am currently trading with SLs for you ...

7forex-down in Tirdzniecības sistēmas Nov 19, 2011 at 08:13

Thanks. I have done more than 1000% in 1 week twice on 2 accounts (one from $50K to more than $600K and the other from $5K to a little over $55K) and 1 40% loss, from $5K to $2999. This one was from $2999 to more than $10,000. See all my trading accounts below:$50K account<a href="http://www.myfxbook.com/members/7forex/7forex/186650"><img border="0" src="http://www.myfxbook.com/widgets/186650/medium.jpg"/></a>$5K account<a href="http://www.myfxbook.com/members/7forex/7forex-5k/188722"><img border="0" src="http:...

I have done 1,000% in 1 week twice on demo and I need to do it live... in Galvenais Nov 18, 2011 at 18:31

Just traded an account from $2,999 as the 2nd try of the above margin call account. Got it back to a little above $10K. Will trade another account from $5k and keep the inital $5K (the new $5K can be viewed as a risk free account) per my plan.Please see my trade details and you will find that I placed SLs on this account.<a href="http://www.myfxbook.com/members/7forex/7forex-down/194572"><img border="0" src="http://www.myfxbook.com/widgets/194572/medium.jpg"/></a>Account Number: 11254867Investor Password: 2999atServer: ThinkForex-DemoAgain, I tr...

7forex-down in Tirdzniecības sistēmas Nov 18, 2011 at 15:59

This account is part of the 40% drawdown account per my plan.

All Quotes
AUDUSD	0.6501	USDCHF	0.9138
EURJPY	166.179	EURCHF	0.97837
EURGBP	0.85867	GBPJPY	193.515
EURUSD	1.0703	GBPUSD	1.24639
USDJPY	155.263	USDCAD	1.36996

EURUSD	1.0703	GBPUSD	1.24639
USDJPY	155.263	USDCAD	1.36996

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