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The monster forex became...

trendfollowers
Jan 08 2016 at 18:17
276 zpráv(a,y)
Years ago, only an elite few with big equity or big financial institutions could trade. These big traders aimed for realistic returns, like 10-20 percent ANNUALLY.
So many traders also wanted a slice of the pie, that it was made so that anybody could trade. Brokers popped up all over and encouraged people to invest and become traders. To level the playing field, leverage was brought in.. A trader with 2k could now trade as if it was 2,000k.
There was so much new money. EA developers also popped up like mushrooms also wanting a slice of this 'new money' pie. Forex was heavily commercialized. EAs, training courses etc. Brokers started competing against each other, enticing newbies with all sorts of bonus offers. EA developers saw this as a great income opportunity and all they needed to do was come up with something that could just be profitable for a few months so they could achieve high sales. The return you could make from forex became so inflated with EA developers competing against each other, I see there are some systems here offering six digit returns per month!

I too was caught up in this madness. For years I tried to achieve (I know now) many impossible things. I backtested thousands of EAs, tried hundreds of manual systems - they all failed me in the long run. Things would go great for a week or two and then BOOM, it was all wiped out again, only to start a new cycle.
I was determined though, I would be part of the 2% that would make it. In September last year (2015) I was on the brink of giving up.
I would give it one last try. There are guys that make money with forex, I became obsessed with finding out HOW.
Then I discovered trendfollowing. A long forgotten way of trading, tucked away by all this nonsense we get today. A form of trading still used by the top traders. So I researched it a lot, read some books on it - found a trading strategy. Tweaked it a bit, but still kept the core idea, made it my own.

Today I can say for the first time, I see forward to my forex pay day. Feel free to contact me if you want to learn more about trend trading.

If you want to go fast, go alone. If you want to go far..Go together..
kayz (kayz08)
Jan 15 2016 at 08:11
32 zpráv(a,y)
Cool story Bro

What Cereal brand do you use?

I don't owe you pip, You don't owe me pip. Lets help each other.
trendfollowers
Jan 16 2016 at 17:34
276 zpráv(a,y)
The bacon, egg and toast made by my wife brand.. Because we can afford it now..

If you want to go fast, go alone. If you want to go far..Go together..
trendfollowers
Jan 16 2016 at 17:42
276 zpráv(a,y)
The bacon and egg made by my wife brand...

If you want to go fast, go alone. If you want to go far..Go together..
Chikot
Jan 17 2016 at 11:48
2299 zpráv(a,y)
I see you are trading form weekly TF. Will be interesting to converse.

Chikot
Jan 17 2016 at 12:16
2299 zpráv(a,y)
'Then I discovered trendfollowing. A long forgotten way of trading, tucked away by all this nonsense we get today. A form of trading still used by the top traders. So I researched it a lot, read some books on it - found a trading strategy. Tweaked it a bit, but still kept the core idea, made it my own.'

It is here. It is just that people got no patience and short term attention span.

trendfollowers
Jan 17 2016 at 13:18
276 zpráv(a,y)
Yes.. I only trade the weekly and daily. Less noise for my type of trading.
I tried with lower timeframes, but too much whipsawing / false signals for my liking..

If you want to go fast, go alone. If you want to go far..Go together..
trendfollowers
Jan 17 2016 at 13:20
276 zpráv(a,y)
Chikot posted:
'Then I discovered trendfollowing. A long forgotten way of trading, tucked away by all this nonsense we get today. A form of trading still used by the top traders. So I researched it a lot, read some books on it - found a trading strategy. Tweaked it a bit, but still kept the core idea, made it my own.'

It is here. It is just that people got no patience and short term attention span.


Exactly.. It is right under our noses, but so many are still blinded by 'fast cash'. Like you say.. No patience.. I would rather my 20k (for example) grow into 25k over the course of a year than double it in a few months and then lose it all. But that's just me..

If you want to go fast, go alone. If you want to go far..Go together..
mlawson71
Jan 18 2016 at 12:19
1487 zpráv(a,y)
I have a pretty long attention span, but I admit that I am usually short on patience. What is more, trend following is good, but what happens when there's no trend to follow and the pair in question is in correction? Sometimes all the major pairs are in correction. My point is, trend following can be very useful, but one has to know what to do when there's no trend to speak of.

trendfollowers
Jan 18 2016 at 13:37
276 zpráv(a,y)
Yes..patience is a big factor.. Also seeing good trades turn into losers and eventually get stopped out is an extreme way of testing one's patience.

Sometimes the best thing to do.. is to do nothing at all, and let it run it's course.

If you want to go fast, go alone. If you want to go far..Go together..
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