IC MARKETS REAL 313166 (By BluePanther)

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IC MARKETS REAL 313166 Discussion

Nov 26, 2013 at 17:03
2,808 Views
112 Replies
Member Since Jan 25, 2010   1360 posts
Mar 13, 2014 at 19:49
Hmm, yeah self-pity won't get me anywhere. Neither does forex.

I keep deluding myself thinking forex will work because I can't see anything else as remotely possible to give me an escape from the mundane drudgery of reality. I will keep believing this lie, until my grave. I will keep dreaming of a life outside work, where I can achieve what I want when I want.

Such a farce, but what choice have I got? Well, I could earn more in a regular bank savings account - at least I would only go forward rather than losing everything I save.
Member Since Feb 22, 2011   4862 posts
Mar 13, 2014 at 21:14
BluePanther posted:
Hmm, yeah self-pity won't get me anywhere. Neither does forex.

I keep deluding myself thinking forex will work because I can't see anything else as remotely possible to give me an escape from the mundane drudgery of reality. I will keep believing this lie, until my grave. I will keep dreaming of a life outside work, where I can achieve what I want when I want.

Such a farce, but what choice have I got? Well, I could earn more in a regular bank savings account - at least I would only go forward rather than losing everything I save.

You just need proper plan and make you systems stable,

it took me years of research to become profitable and I was in the very same postion and now I am doing well.

Just aim at regular small profit like 5-10% mo with low risk
Member Since Jan 25, 2010   1360 posts
Mar 14, 2014 at 07:31
Easier said than done. I've been doing forex since 2008, and working since 2001. Considering I am starting from practically $0 every day and not going forward it will take me over a year (at today's money) to get the $100,000 together before I am making sufficient income to quit working three jobs (considering 10% per month return). So 2016 - if I started making profits today - would be when I could quit work. 2016 would be when I could actually begin living life (as opposed to living for work). My prime years are pretty much over, and I have nothing material to show for my efforts. Life is one big disappointment so far. I want to learn things and develop myself, but I can't do it with a 'ball and chain' of work.

Have you posted your system on myfxbook?
Member Since Feb 22, 2011   4862 posts
Mar 14, 2014 at 07:35
BluePanther posted:
Easier said than done. I've been doing forex since 2008, and working since 2001. Considering I am starting from practically $0 every day and not going forward it will take me over a year (at today's money) to get the $100,000 together before I am making sufficient income to quit working three jobs (considering 10% per month return). So 2016 - if I started making profits today - would be when I could quit work. 2016 would be when I could actually begin living life (as opposed to living for work). My prime years are pretty much over, and I have nothing material to show for my efforts. Life is one big disappointment so far. I want to learn things and develop myself, but I can't do it with a 'ball and chain' of work.

Have you posted your system on myfxbook?

You can do it opposite way, do not gather 100,000 from your daily job but take a loan at bank with low interest. With proper strategy you should be able to make enough to pay the bank and use the rest for living. I did so:)
You can see my systems in my profile:)
Member Since Jan 25, 2010   1360 posts
Mar 14, 2014 at 08:03 (edited Mar 14, 2014 at 08:04)
Not possible - I can't borrow that sort of money with my income. I will soon have a bad credit rating because I owe my old credit cards of $77,000, so borrowing any money at all will not be possible soon!

5-10% is easily sustainable with the right strategy, but with all the market movement in forex that is paltry returns! 50%+ p.m. minimum I think would be acceptable (just under 2% daily).

I was reading your profile: What about using your '100% in 10 days' strategy on a different broker? I can suggest IC Markets in Australia, which may or may not be suitable as they have a limit of 200 open orders at any time. A better broker could possibly be FX Pro UK (well, I have had good results with them in the past, and they seem reliable and trustworthy).
Member Since Feb 22, 2011   4862 posts
Mar 14, 2014 at 09:12
with bad credit you can still borrow money here
https://www.lendingclub.com/

Regarding the strategy 100% profit - was it FBI multiplicator?
That would work only on that broker.
Not a system to follow.
What do you think about
https://www.connectforex.com/signal/1803/Caesar-2.1.html
Member Since Jan 25, 2010   1360 posts
Mar 14, 2014 at 11:39
I will take a look at Lending Club.

Any decent system on forex should achieve 50-100% profit every month considering the volatility of forex. Shares can achieve 10% in a month or even a week - folks aiming for 10% per month on forex makes me laugh, and then sad. It is funny to achieve so little in forex, yet I keep losing my entire investments! How does that work? I must have the worst brokers or someone is playing games with my life.

The system at Connect Forex is impressive for someone such as myself who can't maintain even 1% per month, but it is not impressive with the potential that forex provides. And I don't use signal services or managed accounts for a number of reasons, but mainly because I have less control over them. I want full control of the system, but at the same time I want it fully automatic for ease of use. Another thing is, folks that sell their system (or a subscription especially) don't make money from trading (obviously).
Member Since Feb 22, 2011   4862 posts
Mar 14, 2014 at 11:45
BluePanther posted:
I will take a look at Lending Club.

Any decent system on forex should achieve 50-100% profit every month considering the volatility of forex. Shares can achieve 10% in a month or even a week - folks aiming for 10% per month on forex makes me laugh, and then sad. It is funny to achieve so little in forex, yet I keep losing my entire investments! How does that work? I must have the worst brokers or someone is playing games with my life.

The system at Connect Forex is impressive for someone such as myself who can't maintain even 1% per month, but it is not impressive with the potential that forex provides. And I don't use signal services or managed accounts for a number of reasons, but mainly because I have less control over them. I want full control of the system, but at the same time I want it fully automatic for ease of use. Another thing is, folks that sell their system (or a subscription especially) don't make money from trading (obviously).

Well if you have or have seen such system with stable profit 50-100%/mo that last for at least 6 months.
I would be more than happy to invest real money in it:)
Member Since Jan 25, 2010   1360 posts
Mar 15, 2014 at 13:09
Yes, actually I have seen this site before - I can't join as I don't live in US.

Of course I haven't seen a system of the type you describe! And if it was that easy to find everyone would be doing it surely!

But your system of 100% in ten days sure comes 'close' - you should just tone the returns down so that brokers are not made unhappy. (And can you share that system with me also please?)
Member Since Jan 25, 2010   1360 posts
Mar 15, 2014 at 13:14
I shouldn't have to borrow money if I make the returns that are possible (yet so difficult to achieve).
Member Since Feb 22, 2011   4862 posts
Mar 15, 2014 at 14:47
BluePanther posted:
Yes, actually I have seen this site before - I can't join as I don't live in US.

Of course I haven't seen a system of the type you describe! And if it was that easy to find everyone would be doing it surely!

But your system of 100% in ten days sure comes 'close' - you should just tone the returns down so that brokers are not made unhappy. (And can you share that system with me also please?)

it does not come close it would make 200% monthly
If such system works I would be rich in no time no need to do anything else:)
It won't work anyway
Member Since Jan 25, 2010   1360 posts
Mar 17, 2014 at 12:50 (edited Mar 17, 2014 at 12:51)
...hmm, either: 1. you have the system but don't want to share it, or 2. you don't have the system and are lying.

All systems can work, it just takes someone to figure out how to fix problems in the system to improve it. I unfortunately am unable to fix systems but I can share it with folks that do that, and I can test it with real money.

I don't see the point in withholding a system, especially if it 'doesn't work'. I've lost plenty of money already, so loosing a lot more is not going to change things for me. Winning a lot more would definitely change things for me, but it takes a system that works, and you say yours does not, but I can't confirm until I try it myself.
Member Since Feb 22, 2011   4862 posts
Mar 17, 2014 at 12:52
FBI works just on this particular broker and this broker cancelled all my accounts so it does not work anymore.
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