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I want only a safe 4% each month... Which EA?? Thank you

AmberLynn
Jan 10 2013 at 01:11
241 zpráv(a,y)
Chikot posted:
This is actually what separates good trader from so so trader. ability to make money with lower risk.
I want to be good trader.

supertrader91 posted:
4% wow i can do that with low risk. Currently i am trading an account geared for higher risk. Track this the account 😄https://www.myfxbook.com/members/supertrader91/superb/450775


 A good trader uses high equity and moderate leverage. Only, because if your a GOOD TRADER you can accurately predict the turn in the market. No need for a 20 point stop loss cushion when thats almost 30% of most currencies daily range. :)

scully
Jan 10 2013 at 04:58
1 zpráv(a,y)
can check out my performance if you are looking for 4% monthly, and yes, this is martingale, and yes, have risk. just went through high DD last week and acc survived. :)

https://www.myfxbook.com/members/scully/pamm-01/336573

regards,
Scully

Chikot
Jan 10 2013 at 08:53
2299 zpráv(a,y)
Good trader doe snot predict. He executes the plan and plays odds. Nobody can predict what market is doing cause market can do anything any time. It happens but it is odds game. stop loss size depends upon style and targets. if you are going to stay in trade for days, weeks, months you cannot do it with small stop. for intra day trading 20 pips is a large stop especially in current volatility. e/u stop might be as low as 5-10 pips often.

AmberLynn posted:
Chikot posted:
This is actually what separates good trader from so so trader. ability to make money with lower risk.
I want to be good trader.

supertrader91 posted:
4% wow i can do that with low risk. Currently i am trading an account geared for higher risk. Track this the account 😄https://www.myfxbook.com/members/supertrader91/superb/450775


 A good trader uses high equity and moderate leverage. Only, because if your a GOOD TRADER you can accurately predict the turn in the market. No need for a 20 point stop loss cushion when thats almost 30% of most currencies daily range. :)

vijayinvites (vijayinvites)
Jan 10 2013 at 09:04
106 zpráv(a,y)
Daytrading
Jan 10 2013 at 09:26
4 zpráv(a,y)
vijayinvites posted:
i think this will be the best for you

https://www.myfxbook.com/members/vijayinvites/blow/456772


This quote is an example!

You guys are extremely funny, posting systems with a track record of 1 day, 2 weeks, 4 weeks, or a system that have an all time equity drawdown hoping to grab a client to make easy money. This is ridiculous!

Stop blaming yourself, trade a serious live account for at least 6 month, proof a steady EQUITY gain with a reasonable riskmanagement and come back.

Enjoy every wave which the market offers!
Chikot
Jan 10 2013 at 09:33
2299 zpráv(a,y)
Very true.I would also like to add stop making outlandish claims like 40-60% a month. Top guys do not trade like this.

Daytrading posted:
vijayinvites posted:
i think this will be the best for you

https://www.myfxbook.com/members/vijayinvites/blow/456772


This quote is an example!

You guys are extremely funny, posting systems with a track record of 1 day, 2 weeks, 4 weeks, or a system that have an all time equity drawdown hoping to grab a client to make easy money. This is ridiculous!

Stop blaming yourself, trade a serious live account for at least 6 month, proof a steady EQUITY gain with a reasonable riskmanagement and come back.

AmberLynn
Jan 10 2013 at 10:52
241 zpráv(a,y)
Chikot posted:
Very true.I would also like to add stop making outlandish claims like 40-60% a month. Top guys do not trade like this.

Daytrading posted:
vijayinvites posted:
i think this will be the best for you

https://www.myfxbook.com/members/vijayinvites/blow/456772


This quote is an example!

You guys are extremely funny, posting systems with a track record of 1 day, 2 weeks, 4 weeks, or a system that have an all time equity drawdown hoping to grab a client to make easy money. This is ridiculous!

Stop blaming yourself, trade a serious live account for at least 6 month, proof a steady EQUITY gain with a reasonable riskmanagement and come back.


 It isn't outlandish. If you do it one month. It can be done the next. Just because the don't trade doesn't do it. Doesn't mean you can't. The reality is trading is highly subjective. If a person is looking for 4% a month. Then so be it. Yet, because wall street can't produce those returns. Doesn't mean joe blow can't. And plus. If a person had a 1000% week. And decide to call it quits. He would have a greater chance of having a 4% avg, even if he losses for the next 52 months straight :)

Chikot
Jan 10 2013 at 11:08
2299 zpráv(a,y)
Keep dreaming man 😁 You must know by now what kind of leverage you need to make 40-60% monthly. if wrong it's gonna hurt a lot and it absolutely doe snot matter even if you make gazillion % a month it will take only 100% to bring you down.
obviously if one wnats to trade small amounts such kind of risk might be accepted but those who want to treat this business as long term career choice should stick with lower targets as it is safer...

AmberLynn posted:
Chikot posted:
Very true.I would also like to add stop making outlandish claims like 40-60% a month. Top guys do not trade like this.

Daytrading posted:
vijayinvites posted:
i think this will be the best for you

https://www.myfxbook.com/members/vijayinvites/blow/456772


This quote is an example!

You guys are extremely funny, posting systems with a track record of 1 day, 2 weeks, 4 weeks, or a system that have an all time equity drawdown hoping to grab a client to make easy money. This is ridiculous!

Stop blaming yourself, trade a serious live account for at least 6 month, proof a steady EQUITY gain with a reasonable riskmanagement and come back.


 It isn't outlandish. If you do it one month. It can be done the next. Just because the don't trade doesn't do it. Doesn't mean you can't. The reality is trading is highly subjective. If a person is looking for 4% a month. Then so be it. Yet, because wall street can't produce those returns. Doesn't mean joe blow can't. And plus. If a person had a 1000% week. And decide to call it quits. He would have a greater chance of having a 4% avg, even if he losses for the next 52 months straight :)

Chikot
Jan 10 2013 at 11:11
2299 zpráv(a,y)
I would add there is no targets per month cause no one knows what market will be doing. One month can be a loser, second a loser, but third might be a big winner. Nobody knows. Long term is what matters. hence minimum 6 months track record cause market usually has all sorts of environments during these 6 months and trader's behavioral patterns become obvious.
Statistics!

AmberLynn
Jan 10 2013 at 11:29
241 zpráv(a,y)
Well said. Margin is your friend. :) Just use it in moderation, and you can earn 10k% a week ;)

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