EUR/USD

Jun 17, 2012 at 11:03
183,668 Views
9,776 Replies
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:16 (edited Sep 21, 2012 at 17:18)
no I was not not good with demo when trading 1 min charts in overall.

I was always up to a level then stall then fall.

and when I analyze my trade historys I found out that at some days cost eat my profit away & on those days I become more greedy and then lost with stupid actions when while trying to cover the cost and/or loss.

so quit trading with smaller timeframes as posted today & start trading min 15 min due to cost/balance ratio.

I am trading with live account for over 2 months now. ( back after a long demo period )

but the good thing is I recover cent accounts & opened an account with exness to test my EA s with only 10-20 usd which is great.

walker.

SaltyWaters posted:
You are superstitious even with a demo account. 😁

I don't keep track of others do. You are the ones that can put that table up.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:21
BTW why dont you join the discussions?

do you work?

walker.


SaltyWaters posted:
You are superstitious even with a demo account. 😁

I don't keep track of others do. You are the ones that can put that table up.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:25
to day I had chances to close BE.

but since I start live I am not looking daily results. weekly & monthly.

I would like to trade the plan.

I still exit early when in profit. ( yesterday closed 60 pips before planned target which it has hit if you read the posts ) just trying to fix that.

walker.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:31
does it seems like I get you wrong.😄
just talking here.

I do post here & you have wright to judge over those posts. absolutly normal.

I really dont remember of when I said afraiding of trading live. I used to thats correct. I afraid of my self when got mad. I had just lost one of my screens on the desk due to one of that mad hours.

but I feel ok for last 2 motnhs. I visit a doctor about that issues. ( had posted about that at one of my threads ) mental one.

walker.


SaltyWaters posted:
I thought I heard you saying not long ago in one of your posts that you were still scared to go live? My bad i guess.

Don't get me wrong there's nothing wrong in demo testing until one gets the confidence back.

I was curious about the results of this week's scalpingpalooza only to know if it was really worthy to go through all the stress and time consuming?

Myself I prefer stress free trading on longer time frames and I don't even do manual trading anymore.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:38
this must not taken as considaration but for example today at hour 17:15 gmt+3 I was waiting to go long @ 1.2978 which is a level at my 1 Hr chart.

but at that monent I was writing a post & missed the entry with 7 pips. I catch the price at 1.2985

I could easly post here that I did take that long trade and it hit +30 pip.

I did not. this we should al do here. to be honest.

I am angry to myself with missing that trade YESSSSSS.
did I damage my screen NOOOOO

good.

then am getting better.

walker.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:44
yes when I read the old posts I feel the quite the same things for this week.

but this is trading.

first if trade is open > 180 sec or goes over 20 pips it does not call scalping.
second scalping is adapted to the mkt by the DD brokers to protect themselves.
third any kind of trading is a trading it brokers work to fill our trades. ( we pay for that )
forth I am not scalping. ( ıf I would do I would be proud of doing that if result is profit )

but yes this week if you look at the charts you will see many back & forth moves that make me seek.

walker.


SaltyWaters posted:
Don't take this as an attack or an attempt to put you down but this week's scalpingpalooza was kinda entertaining to watch. It was like watching two cocaine addicts trying to catch a rabbit that didn't exist.😄 One would say it's going this way, the other would say no, it's going that way...wait, it's not a rabbit, it's my shadow. Holy shit... it eat me. I'm f**cking death.

Like I said don't take this as an offense but it was hilarious! 😁
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:46
week is not over yet I have open trade though

but apart from that trade it woth my time.

I can say that.

walker.

SaltyWaters posted:
Seriously, how many pips did you make this week?




stevewalker posted:
this must not taken as considaration but for example today at hour 17:15 gmt+3 I was waiting to go long @ 1.2978 which is a level at my 1 Hr chart.

but at that monent I was writing a post & missed the entry with 7 pips. I catch the price at 1.2985

I could easly post here that I did take that long trade and it hit +30 pip.

I did not. this we should al do here. to be honest.

I am angry to myself with missing that trade YESSSSSS.
did I damage my screen NOOOOO

good.

then am getting better.

walker.
Member Since Jan 29, 2010   15 posts
Sep 21, 2012 at 17:47
I always teach students that it is NOT important how much money you trade, it is ALL about scoring the pips (points).
Personally I will NEVER publish any results I have, as what does it help to see how well or bad another person is doing???

Learn the profession the right way, be your own man and stop finding support for your mistakes in forums where the majority are SHEEP and have not even done www.babypips.com/school

I wish all readers a SUPER weekend !!!
trading is easy, keeping the profits is difficult
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 17:56
thanks Freddy
exectly

'finding support for your mistakes in forums where the majority are SHEEP and have not even done'

my word is, exuse my language I call 'masturbating', posting the threads whose tying to find reasons to their mistakes or losses.

what I am trying to do here and asking others to do same is posting real trades real ideas and in case suffer with loss in real time in real environment.

no bodys will lough after. at least I dont.

walker.

FreddyFX posted:
I always teach students that it is NOT important how much money you trade, it is ALL about scoring the pips (points).
Personally I will NEVER publish any results I have, as what does it help to see how well or bad another person is doing???

Learn the profession the right way, be your own man and stop finding support for your mistakes in forums where the majority are SHEEP and have not even done www.babypips.com/school

I wish all readers a SUPER weekend !!!
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 18:13
when you also start trading manually, if you bold enough doing that join us

walker.

SaltyWaters posted:
I do the same. I teach my students that they shouldn't boast their ego and don't try to teach others what they haven't learned yet.

...and have fun, make money is my motto.



FreddyFX posted:
I always teach students that it is NOT important how much money you trade, it is ALL about scoring the pips (points).
Personally I will NEVER publish any results I have, as what does it help to see how well or bad another person is doing???

Learn the profession the right way, be your own man and stop finding support for your mistakes in forums where the majority are SHEEP and have not even done www.babypips.com/school

I wish all readers a SUPER weekend !!!
Hailkay
forex_trader_88782
Member Since Aug 22, 2012   42 posts
Sep 21, 2012 at 18:23
i don't complain, i had margin called, that's a sad fact, but that's it, no big deal. it happened to most professional traver to blow at least 1 account.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 18:32
most of the time more then one account. do you think all traders post their blown accounts to the public.
there are hundreds of account waporize here at MFB.

what I am saying about your post is

brokers connect thier liqui providers means Banks.
Banks knows the volatile days before it happens ? how ? becouse they do it.

so they get warn their big customers about that situations. this is the rule of the game that we dont see
think that way, you give credit to the brokorage company, do you get happy when that company lost that money no!!

so you ofcourse warn your big clients.

1 lot on our side ( whiich is lets say 1000 usd depending to the leverage ) is 100.000 usd is at broker side.

so think how big amount of money is running between brokers & banks.

so your broker could get that information from the liqui provider as ' be carefull friday will be volatil and many traders may stop out or hit limit'

so in you situation you should calculate your risk accourding to your balance to prevent from margin call.

this is not a big move at all.

I wonder what would happen to your other accounts in biger move

always trade with stop.

if not you are just borrowing money frommarket with random trades and giving it back with one move.

walker.




Hailkay posted:
i don't complain, i had margin called, that's a sad fact, but that's it, no big deal. it happened to most professional traver to blow at least 1 account.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 18:33
nice picture.


SaltyWaters posted:
Here is one to Istanbul.





stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 18:36 (edited Sep 21, 2012 at 18:37)
I do code robots.

I know what they can do & cant do.

good luck!

SaltyWaters posted:
It has nothing to do with being bold or not, it has to do with letting your robots do the job for you because you've created them for that purpose using your strategy while you enjoy life with your kids. Meanwhile I'm working on creating other strategies to apply them later.






stevewalker posted:
when you also start trading manually, if you bold enough doing that join us

walker.

SaltyWaters posted:
I do the same. I teach my students that they shouldn't boast their ego and don't try to teach others what they haven't learned yet.

...and have fun, make money is my motto.



FreddyFX posted:
I always teach students that it is NOT important how much money you trade, it is ALL about scoring the pips (points).
Personally I will NEVER publish any results I have, as what does it help to see how well or bad another person is doing???

Learn the profession the right way, be your own man and stop finding support for your mistakes in forums where the majority are SHEEP and have not even done www.babypips.com/school

I wish all readers a SUPER weekend !!!
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 18:51
can you please share your results

walker.

SaltyWaters posted:
Thanks!

So far so good. I'm on my 3rd year straight and in profit. So, let it run.





stevewalker posted:
I do code robots.

I know what they can do & cant do.

good luck!

SaltyWaters posted:
It has nothing to do with being bold or not, it has to do with letting your robots do the job for you because you've created them for that purpose using your strategy while you enjoy life with your kids. Meanwhile I'm working on creating other strategies to apply them later.






stevewalker posted:
when you also start trading manually, if you bold enough doing that join us

walker.

SaltyWaters posted:
I do the same. I teach my students that they shouldn't boast their ego and don't try to teach others what they haven't learned yet.

...and have fun, make money is my motto.



FreddyFX posted:
I always teach students that it is NOT important how much money you trade, it is ALL about scoring the pips (points).
Personally I will NEVER publish any results I have, as what does it help to see how well or bad another person is doing???

Learn the profession the right way, be your own man and stop finding support for your mistakes in forums where the majority are SHEEP and have not even done www.babypips.com/school

I wish all readers a SUPER weekend !!!
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 19:01
if you are talking about the accounts at your portfolio better put your money to bank.

walker.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 19:07 (edited Sep 21, 2012 at 19:07)
BTW
anybody who is over 45, you can call as a neutral teacher.

walker.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 19:13
possible.

SaltyWaters posted:
I don't want to be nasty but in your case I think you would do better collecting empty bottles and cans for recycling. 😁





SaltyWaters posted:
Really! Do you really think so?

If you can do better than that, show me the money? 😁


stevewalker posted:
if you are talking about the accounts at your portfolio better put your money to bank.

walker.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 19:14
I am not the one who is publishing accounts.
you do so.
you show the money.


SaltyWaters posted:
Really! Do you really think so?

If you can do better than that, show me the money? 😁


stevewalker posted:
if you are talking about the accounts at your portfolio better put your money to bank.

walker.
stevewalker
forex_trader_79941
Member Since Jun 06, 2012   1439 posts
Sep 21, 2012 at 19:22 (edited Sep 21, 2012 at 19:23)
when I read you post below at nextlevelforex thread it is better for me to collect emty cans & bottels.

walker.

edit : be bold make %20 per month ;)

Member Since Mar 22, 2010 123 posts77z3-FX.com (SaltyWaters) Sep 04 2011 at 06:56
Just a little curiosity about my system:


<a href=''/></a>




Starting with $20,000 and compounding at 12% per month after 5 years (60 months) one will end up with $17.95 million.
And if one takes 10% of the profits every month will end up with round about $10 million

This is no guarantee of course and the settings can be adjusted to be safer or riskier according to ones taste. The size of the lots increases gradually with the Balance

I started with 3 accounts (Real Accounts) with a total of $8500 in March 2011 and my 3 accounts are now at $22500



Cheers,

Salty
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