Posts by 7forex
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I have done 1,000% in 1 week twice on demo and I need to do it live... In General Dec 21 2011 at 01:45
[quote]
TheCyclist posted:
Or maybe we just need have a nice cup of coffee, wake up and stop dreaming, and don't drag other people down with us. I gave clear concise reasons why this would fail.
No one wants to listen, go ahead. Fail.
It's the hot stove thing. I can tell you many times don't put your hand on the stove. Don't believe me, go right ahead. More investors want to feel the pain?
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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 St......
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I have done 1,000% in 1 week twice on demo and I need to do it live... In General 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......
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I have done 1,000% in 1 week twice on demo and I need to do it live... In General 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......
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I have done 1,000% in 1 week twice on demo and I need to do it live... In General 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 ......
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Thanks Giving is coming. I will stop trading this accoun now.
You can see my trading details login to the account.
Account Number: 11255499
Investor Password: 10psl
Server: ThinkForex-Demo
Happy Holidays!
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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.
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I have done 1,000% in 1 week twice on demo and I need to do it live... In General Nov 21 2011 at 17:43
[quote]
fxbootstraps posted:
7forex,
It is a demo account with no grounding in money management.
I agree that it is exciting when it happens the first time and yes I remember thinking I had found a secret formula in the past but it is just a demo account.
Unfortunately there are people with even less experience than you who might think that you are a credible trader so you should be responsible and stop posting things like this until you have a track record with sound money management.
I am not suggesting that you can't do that in the future but just that you should do a bi......
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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"......
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I have done 1,000% in 1 week twice on demo and I need to do it live... In General Nov 18 2011 at 18:31
[quote]
7forex posted:
I got margin call on an account I started trade this week. I believe all positions will be closed at or below 30% margin.
Margin call account:
<a href="http://www.myfxbook.com/members/7forex/7forex19/191230"><img border="0" src="http://www.myfxbook.com/widgets/191230/medium.jpg"/></a>
Account number: 11254212
Investor password: 50to30 (will be changed when I trade this account again at least 1 week later)
Server: ThinkForex-Demo.
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Just traded an account from $2,999 as the 2nd try of the a......
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This account is part of the 40% drawdown account per my plan.
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