Can forex trading make you rich ?
Trend following on 15 min to an 1hr using multiple timeframes for research limit stop buys into uptrend few pips just above a previous high, very good money/risk management and youll do alright once you perfect it on a demo account do it on a micro account then if you succeed you could take out a personal loanbut like i said risk managment is extremely important
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Jul 19 2017 at 07:01
rainfall posted:
Trend following on 15 min to an 1hr using multiple timeframes for research limit stop buys into uptrend few pips just above a previous high, very good money/risk management and youll do alright once you perfect it on a demo account do it on a micro account then if you succeed you could take out a personal loanbut like i said risk managment is extremely important
That is exactly the post of someone who has no idea how to trade
rainfall posted:???
take out a personal loan
No! never! Don't trade what you can't afford to lose, loans / credit are not affordable by definition. And there is no trend on 15M or 1H chart, just noise which gives togr's statement validity. You nailed money management though, so I'll give you that small victory. 😀
For every loss there should be at least an equal and opposite profit.
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Jul 19 2017 at 11:27
BulliCent posted:William82 posted:dannbb posted:William82 posted:
I left my full time job a few year ago, all thanks to forex trading. ;)
i wish i can do that, but it is so boring staring at chart all the time
Not at all.
I am traveling almost all the time. It takes me only a few hours per day to check charts.
I can call myself as swing trader, and also i have invested money into a few stable EA systems, it brings me constant profit..
No secrets or miracles, just take a time to analyse or develop some trading system and start trading.
Best Regards,
William
Stabel EA systems? Someone knows some of them and woulgive me a hint?
I trade for living.
Since 2010.
Using mainly EAs to generate profit.
Awww thats so cute im sure these people are right im sure they hold the holy grail of trading im sure they also gonna tell you sell high and buy low with a awesome bullshit indicator lol borrowing money for a business isnt that uncommon just look up a few other forums besides i did mention get good at it and test your strategy first lol,
As far as what i know about trading im not so trading god and will never claim to be in fact im a newer trader ive done it for past 2-3 years one thing i can tell you i had lots of loosing trades and took loans out but i have never lost everything nor ever lost then 10% you and i have never lost more then 1% on any one given trade have to be able to walk away when you loose just my 2 cents and those who disagree well first amendment is still in place soo... lol enjoy the squak
someone buy togrs ea indicator before his ego collapses under its own weight lol
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
Jul 19 2017 at 15:52
xgavinc posted:rainfall posted:???
take out a personal loan
No! never! Don't trade what you can't afford to lose, loans / credit are not affordable by definition. And there is no trend on 15M or 1H chart, just noise which gives togr's statement validity. You nailed money management though, so I'll give you that small victory. 😀
Smaller time frames are fine for entry points or scalping ,lots of futures traders use these time frames for scalping,1Hr time frame has been used by institutions for a long time especially near data releases and close of day, just my 2 cents.
"They mistook leverage with genius".
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Jul 20 2017 at 06:53
rainfall posted:
someone buy togrs ea indicator before his ego collapses under its own weight lol
I dont sell any