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OIL inective (By Chikot )

The user has deleted this system.

OIL inective Discussion

Cuong (CuongVC)
May 11 2011 at 17:38
237 posts
Wow, you are trading 2 x 5,000,000 USD accounts.

If you can prove that you can make money grows, tons of money will flow to you.
Chikot
May 11 2011 at 21:31
2299 posts
Hi Cuong :)
No, I am trading only one account. Been taking same trades on both so, it doe snot make sense. Only takes my time as I have to manage same trade on both accounts. Until I have some the idea how to trade oil I will stick with Oil account and Oil 1 is just dormant.

Also, it is just demo :)
I am going to open live and trade $1000 , although, I believe $1000 is too little to trade oil with FXPrimus. $2-3K is a minimum.
with $1000 risk would be too big.
T1FX (t1fx)
May 12 2011 at 07:21
23 posts
i think $1000 for oil trading should be fine with FXPRIMUS since it allows microlot on OIL too.

We can open position smaller than 0.10lot.. Just try to trade within 0.01-0.05 should be safe.
T1FX, Making Money Is Automatic
Chikot
May 12 2011 at 08:25
2299 posts
$0.1 per pip is a minimum. I think it is too much as oil is making 100 pips in 10-15 min.
speki
May 12 2011 at 10:33
735 posts
No other broker offering the 'black gold' with better conditions? CFD maybe? Non-MT brokers like SaxoBank?
Sounds a bit scary to know in advance that it's too big, too risky. You could psych yourself out with those thoughts.

I had an idea about that 20% psych barrier .. set a custom date for your curve so it shows you have only 10% profit now ... and when you cross the 20% (as I have no doubt you will), you could remove it and shout 'I F...ING MADE IT' 😉
 
Chikot posted:
I believe $1000 is too little to trade oil with FXPrimus. $2-3K is a minimum.
with $1000 risk would be too big.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Chikot
May 12 2011 at 13:46
2299 posts
just crosssed 20% but closed my short too early again. it isallthis barrier messing my mind.
shorted from 97.50 and closed at 30 pips.it is already 90 down.
Chikot
May 12 2011 at 14:19
2299 posts
sorry no. my bad.i took this tarde on another account which is not here and which I amnot even trading.simply keep it at the office logged in this account to avoid anyone messing with my realone.what a stupid mistake.
speki
May 12 2011 at 14:50
735 posts
Oh brother, that was a barmy move. Traded on the unused account? Must have been one of those freudian slips. Not slip of the tongue but the hand. No worries, you can do it.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Chikot
May 12 2011 at 16:28
2299 posts
no,I am at the office asI PMedyou and a lot of guys... so,I trade oilfrom here too and had to download MT4and then logged into my original and traded.then when leaving I logged out and it became another flat account.today,I forgot to log into my original. made 1%. so,i started thinking may be it is.the best way wouldhave been to withdaw 20% but as I cannot may be I willjust start trading new account. 4.5% this month already.
Chikot
May 12 2011 at 22:13
2299 posts
Ok, I decided. Account I have been trading so far is named Oil 20% a.
I feel that I was trading differently this week. Too tentative and too much thoughts about 20% level.
I guess it was a lucky coincidence that I actually made a couple of trades on that account which is at the office.
I called this account OIL 20% b continuation and I will trade this account now until I am hopefully another around 20% up.

https://www.myfxbook.com/portfolio/oil-20-b-continuation/111698

another inactive will stay there inactive until I have some other idea how to trade oil.



Chikot
May 12 2011 at 22:14
2299 posts
I am not 10.24% up but 20,6% up. Please ignore full Report account and check my profile.
Otherwise i do not think there is anything to discuss here.
I have no system as other guys here do.
I am just trading and everything is on my thread in experienced traders Just Oil.
Chikot
May 12 2011 at 22:18
2299 posts
:) I have no idea how this happened but I did forget to log into original account and made those couple of trades. However I did do it fearfully... as I was thinking 20%. This is the highest I have brought account as I have never crossed 20% after I started controlling losses and risk. It is hard to trade with hard stops.



speki posted:
    Oh brother, that was a barmy move. Traded on the unused account? Must have been one of those freudian slips. Not slip of the tongue but the hand. No worries, you can do it.
T1FX (t1fx)
Jun 02 2011 at 16:42
23 posts
Damn nice movement on OIL past 2 days ...
T1FX, Making Money Is Automatic
Chikot
Jun 14 2011 at 23:55
2299 posts
it always moves... the most important is to be on right side of the move 😉
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