Only Real Money-Making Traders Apply

Feb 08, 2012 at 21:12
4,631 Views
44 Replies
Member Since Jun 21, 2012   12 posts
Sep 22, 2012 at 17:20
With all due respect, your whole attitude is reflected in your post.

You want someone to hand you an answer.

That is not how it works.

The answers are within you.

Anyone show you a system that works for them.

Based on your own personal proclivities, personality, lifestyle and views
that same system would not work for you.

I suggest you re-commit yourself to developing as a trader and studying and developing your OWN trading
method/system. That includes committing yourself to being disciplined and approaching trading as you would any serious business.

Unless you are willing to to that and follow through consistently, just move on to something else because outside of a few lucky trades now and then, you will fail at trading.

Just being real with you.


rlmtrader posted:
I haver been at this for a few years. I have read a lot. Tested a lot using Forex Tester 2. I have watched the market. I have paper traded for what amounts to years.

I am still not mkaing money at this.

I want real money-making traders to share with me what works and what doesn't.

I know the ones who make money at selling a system. I am not intrerested in buying a system.

I want to hear form those who are actually making money...actually making a living at trading 4x.

Thanks in advance!

Randall

It's not the market. It's not the spread. It's not slippage. It's not the broker. It's not the system. It's YOU. Once you stop whining and making excuses, you can start winning.
Member Since May 11, 2012   32 posts
Sep 22, 2012 at 19:33
Hi rlmtrader,

I agree what FT are saying.

Yes, I also have bought 'Simple Forex Tester Pro' (It is actually a must have software for Traders) - I have tried all kinds of indicators, but I think its a personal decision on which one to use. I use only 2 indicators. I do not have the time to write the manuals but I shurely think that you can figure them out on 'Simple Forex Tester Pro' - Or I will try and find/write something and mail it you. give me your e-mail adress and I will mail it to you.

Then - another Idea - You can join 'TradeadvisorPro.com' (Mirror Trader) for $197 per month and they do trading on your account using a server from 4XSolutions and their service are excelent. I do live trading as well +- 350 pips and they make me +- 1000 pips a month. I also use 2 Robots Megadroid and Pipjet, well hahahaha - they dont trade that much but their trading are all profits so far....... (Just a tip for these 2 robots - If you are using a ECN account like me with >$30,000 - please dont take your risk level more than 0.1 as the commision fees of the broker eats up your profits due to these 2 robots only pocket about 2-4pips per trade.

My plan is not about the amount of Pips or Money I can bank, its about consistancy and attitude. If you have consistancy, the Pips and money sorts out themselfs. I also make huge losses,but I dont let it make me negative - learn through mistakes and carry on............ I am also now < $3000.00 down on my account through stupid mitakes, but I am now on a winning streak of $ 500.00 a week and slowly making up my losses in the last 2 months.

Forex are not a get rich quick scheme.........

We are here on MyFxbook to help each other and not to discriminate. I dont care if other people becomming billionares and not helping other people, those people will get somewhere in the world but nowhere in life. There are enough money for us all in the Forex market and there are no competition who can empty it first like vultures. I also needed help a while ago and were also asking all over the web for somebody to help me just to make $ 200.00 a day to make a living - The replies I got were forsure not very nice, because its always those kind of soulsick selfish people thats got nothing in life except money.

If you want to e-mail me : [email protected] - Maybe we can help each other to be also the 5% that do make a living in Forex. No dreams of becoming millionares but to make a living working from home.

Johan.
Your attitude determines your altitude
Member Since Aug 18, 2010   2 posts
Oct 09, 2012 at 21:42 (edited Oct 09, 2012 at 21:42)
Forex are not a get rich quick scheme......... <= agree!

and most importantly .. it's all in your head. read the disciplined trader and then look at the markets at what ever time frame you like and try to figure out what happened in recent history, take this information and assume what is likely to happen next ... => exploit

as you said ... this is not a one week exercise
Member Since May 23, 2012   18 posts
Oct 18, 2012 at 22:10
Coming from a stats background, I realized early in my trading career that besides the psychological barriers, trading is a simple mathematical game. Even, if you don't realize it. It is important to understand how risk/reward and win/loss frequency ties in with your overall performance. In probability, the term is called 'mathematical expectation or expected value.' Once you understand the basics of this simple logic, you should learn how to trade within those parameters. Whether it is scalping, swing trading, or position trading, if your strategy isn't profitable according to a positive expected value structure, you will always lose in the long run. But then again, it is the 'psychological barrier' that ties them both together.
A man should look for what is, and not for what he thinks should be.
Member Since Apr 21, 2012   35 posts
Oct 19, 2012 at 10:03 (edited Oct 19, 2012 at 10:12)
I saw a dude on this site turn an initial $20 deposit into $8,000 in 14 days. I can only hope... He was a real pro.. Started every day at about 00:00 hours and finished about 14:00. Just kept withdrawing profit like as from an ATM. Finally blew up the account but not before withdrawing about $8,000. All manually done
10% month
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