Do you think you can turn $200 into $400 in six weeks?

Lol

The useless banter continues on this thread. It appears things will never change. Some people speak about the quality of the group, but when you yourself don't add valuable content then it seems rather pointless. The admin actually erased one of the comments you made about MK. When will it stop? When can we talk about different ideas which can allow us to turn 100% in 6 weeks?
  This thread is full of people who only trade DEMO, and have not risked any real funds. Well how about we simply trade and come up with something which can be used. You guys are more worried about saving perfect strangers (Which is rather honorable) instead of helping them LEARN (Much more useful). I posted a chart and the three main trolls of this site have yet to mentioned anything about the chart, yet when it comes to speaking about someone who isn't here, they can sure can post pictures and type long drawn out ideas. Let's grow up and start being productive.

AmberLynn posted:
...yet when it comes to speaking about someone who isn't here...

So you have dual personality. LOL

AmberLynn posted:
It appears things will never change.

As long as you are here... it can't change

AmberLynn posted:
When can we talk about different ideas which can allow us to turn 100% in 6 weeks?
 

It is pointless to discuss with you because you can't think in other way than yours

AmberLynn posted:
This thread is full of people who only trade DEMO, and have not risked any real funds.

Here MK is back for sure LOL
This is exactly I'm talking about, you still can't understand why some traders want to trade demo, so other live... Some traders want to display data on myfxbook and other won't for personnal reasons. This is kind of things you can't figure it out by yourself

AmberLynn posted:
 You guys are more worried about saving perfect strangers (Which is rather honorable) instead of helping them LEARN (Much more useful).

In this way, we have surely helped traders enough that you would need an entire life to bring the same. You don't help, you only want to show skills that you wish to get. You only want to show you trade with $10K... grow up, nobody cares.

AmberLynn posted:
Let's grow up and start being productive.

If it's really what you want, tell us who you really are or simply leave this thread in peace!
Since you get back, he started to be unproductive...

We know it's hard for you to admit real things... you live in your own world... but you are so many!!!

AmberLynn posted:
 Let's give a productive post a try. Why don't we respond with charts, instead of words. This way we can actually take stats (being that most of the banter here is about %, draw-down, pips, etc), and try create a system which can turn an account over 1 time, CONSTANTLY, and we can all be labeled the best traders in the world. All thought we call a crazy thread our recreation.

 Please have a look at my chart. Below the chart is explained the thought.




  Before NFP, EUR/CAD was in free fall. It began ASIA at the main pivot, then ended up closing US market under the last daily pivot. Here is how I picked the bottom.

1) I noticed the price was in free-fall, and none of the red candles (trending candles) were engulfed.
2) I then went to h4 chart and zoomed out... (this gives a perfect view) You then look for the last accumulation which is UNDER the current price.
3) I then noticed before it even closed under the support 3 pivot, that the last accumulation EUR/CAD had was in DEC of 2013.
4) I set a 'price alert' script (freeware) 5 pips above the accumulation.
5) Once the price alert alert sounded I waited for the price to match any price in the accumulation.
6) You know bottoms spike about 10-15 pips in green within 15mins.
7) That ended up being Yesterdays low..... The accumulation level from 7 months ago (That is the first box in the chart displayed)













 So can we have a respond from here on out ONLY about this chart. Let's change the mode of the room guys, now that Master_kiwa is no longer posting.

 Back on page 125 I gave a few charts with several questions which can start very interesting topic. If anyone cares to expand please do so. I am pretty sure if we break the h4 chart down, we will be able to turn 100% profit in 6 weeks.

You did spend too much time on some charts no one likes to discuss with you.

 I am pretty sure if we break the h4 chart down, we will be able to turn 100% profit in 6 weeks.

You should really try to read some books on money management, trading and finance in general... 100% in 6 weeks is UNREAL return... if you achieve it once... the only reason would be LUCK, LUCK, LUCK!!!

As long as you cannot understand this, it is impossible to have a valuable conversation in this thread... Furthermore, it is impossible to have a valuable conversation with someone who is changing names... just to hide the fact that he is wrong!

Mr @Master_Kiwa or @AmberLynn or whatever username you use... consistent 100% in 6 weeks or in a year is impossible and that's where this tread ends! You can continue burning your REAL accounts and changing usernames trying to prove that what I'm saying is not right... but really there is no need for this....

Why instead don't you try to ask for help in order to become a better trader, with positive results in the long run... instead of chasing your luck and getting hammered by the markets?

I propose you to start a new account here in myfxbook, without adding a public account... and concentrate in increasing your balance by 20% till the end of the year, rather than trying to prove all other members here that you can triple your account's balance in a month??? You put too much effort in the wrong direction... That's why lots of members here in myfxbook.com don't have public accounts... The point is to make money for yourself, not to show others how much you've made!!

You will gain more respect in the community showing an account with 15-20% gain but with trading history of 6 months or more, rather than an account with 500% gain and 1-2 weeks of trading history.... you will end up with more money, too.... think about it.... Stop burning your accounts and start making REAL money, not temporary!

Now, that's a valuable post!!! Please consider it!

dchara01 posted:

 I am pretty sure if we break the h4 chart down, we will be able to turn 100% profit in 6 weeks.

You should really try to read some books on money management, trading and finance in general... 100% in 6 weeks is UNREAL return... if you achieve it once... the only reason would be LUCK, LUCK, LUCK!!!

As long as you cannot understand this, it is impossible to have a valuable conversation in this thread... Furthermore, it is impossible to have a valuable conversation with someone who is changing names... just to hide the fact that he is wrong!

Mr @Master_Kiwa or @AmberLynn or whatever username you use... consistent 100% in 6 weeks or in a year is impossible and that's where this tread ends! You can continue burning your REAL accounts and changing usernames trying to prove that what I'm saying is not right... but really there is no need for this....

Why instead don't you try to ask for help in order to become a better trader, with positive results in the long run... instead of chasing your luck and getting hammered by the markets?

I propose you to start a new account here in myfxbook, without adding a public account... and concentrate in increasing your balance by 20% till the end of the year, rather than trying to prove all other members here that you can triple your account's balance in a month??? You put too much effort in the wrong direction... That's why lots of members here in myfxbook.com don't have public accounts... The point is to make money for yourself, not to show others how much you've made!!

You will gain more respect in the community showing an account with 15-20% gain but with trading history of 6 months or more, rather than an account with 500% gain and 1-2 weeks of trading history.... you will end up with more money, too.... think about it.... Stop burning your accounts and start making REAL money, not temporary!

Now, that's a valuable post!!! Please consider it!

 A valuable post would be on ' how to actually profit in forex'. Everything you've mentioned is rather inspirational. Yet, inspiration doesn't cause accounts to increase in value.

  Many people don't have public accounts, because their stats aren't worth posting. Most of the people here would love to have 4% a month or even 20% in 6 months, but what is 20% of 10,000 usd? 2k in 6 months? Do you really believe that those are stats which attract people who lurk these forums?

   The reality is that 'burning' accounts, as long as you WITHDRAW from them before you do so is the BEST MONEY MANAGEMENT in the business. You are actually netting profit from the market, because you have liquidated the account, and the funds are in your physical possession.

     So instead of talking about theory (which you love to do dchara01) let's break down some charts and come up with something USEFUL! Something which can be taught. We don't live in a perfect bubble in which stats form to our daily lives. If you believe that a person earned 100% in 6 weeks on luck, then you are very pessimistic. No one actually breaks down the trades, to see if it was indeed luck, or some actual pattern which results in very low probability that you can wager 1:1 ratio and come out on top.

 Luck would be holding a position for days or weeks then breaking even.... Skill is being able to open and close trades without being in RED for a long time. The higher the tf the less accurate the entry correct, but the more pips you earn if you follow certain patterns. Well, let's start there and work our way down to the lower tf. Since they say the market is 'fractal' what we see on higher tf, we will see a mirror image of it on the lower tf.


P.S. - On this website, since the forum isn't very active would mean that it has two types of people.
1) The actual traders (Pamm managers, account managers, EA sellers , etc)
2) Those who want someone to manage their accounts
3) Those who simply have no funds to trade, and no following who simply are pessimistic about everyone who shows some sort of return)

 Which one are you?

My lord has anyone seen EUR/CAD today.

AmberLynn posted:
 My lord has anyone seen EUR/CAD today.

Of course we did... all CAD pairs... do you have any clue why this happened?

BTW that was a great way to burn another account... keep withdrawing...

AmberLynn posted:
   The reality is that 'burning' accounts, as long as you WITHDRAW from them before you do so is the BEST MONEY MANAGEMENT in the business. You are actually netting profit from the market, because you have liquidated the account, and the funds are in your physical possession.

It seems that you are not only making the same grammatical mistakes as @Master_Kiwa, but you also use exactly the same insane money management...

If you are so successful and you keep withdrawing money... why do you have several usernames?

AmberLynn posted:
Most of the people here would love to have 4% a month or even 20% in 6 months, but what is 20% of 10,000 usd? 2k in 6 months?

I don't mean to surprise you... but there people out there with more than $10k in their accounts....

A good MM cant burn an account, just 2% to 5% per trade. And no tiny Stop Losses like 2 pips or 4 pips, that type of Stop Losses can burn accounts , i experimented myself an 'slippage' from a stop loss of 30 pips to 84 pips in real ¡ So I loose triple of expected ( that happens me one time in 3 years, is not usually ), so instead loose a 2% i loose a 6% , was hard , but imagine if u had an SL of 4 pips ? Booom account burned.
Maybe was not slippage, was missconection from VPS or another error , but happens.
High return in short period usually means High Looses in short period too. The way is long term profit.

optimofx posted:
A good MM cant burn an account, just 2% to 5% per trade. And no tiny Stop Losses like 2 pips or 4 pips, that type of Stop Losses can burn accounts , i experimented myself an 'slippage' from a stop loss of 30 pips to 84 pips in real ¡ So I loose triple of expected ( that happens me one time in 3 years, is not usually ), so instead loose a 2% i loose a 6% , was hard , but imagine if u has an SL of 4 pips ? Booom account burned.
Maybe was not slippage, was missconection from VPS or another error , but happens.

I agree... depending on how aggressive is your MM you could risk anything between 0.50% - 5.00% per trade... this way it is difficult to burn an account.. it is also impossible with such risk taking to have returns like 100% per month... it would take a flawless winning rate and some extreme risk/reward ratios that are unusual!

dchara01 posted:
It seems that you are not only making the same grammatical mistakes as @Master_Kiwa, but you also use exactly the same insane money management...

If you are so successful and you keep withdrawing money... why do you have several usernames?

It's funny they use the same computer too.

@AmberLynn Taksbar



@Master_Kiwa Taksbar

optimofx posted:
A good MM cant burn an account, just 2% to 5% per trade. And no tiny Stop Losses like 2 pips or 4 pips, that type of Stop Losses can burn accounts , i experimented myself an 'slippage' from a stop loss of 30 pips to 84 pips in real ¡ So I loose triple of expected ( that happens me one time in 3 years, is not usually ), so instead loose a 2% i loose a 6% , was hard , but imagine if u had an SL of 4 pips ? Booom account burned.
Maybe was not slippage, was missconection from VPS or another error , but happens.
High return in short period usually means High Looses in short period too. The way is long term profit.

 That should tell you something about 'sure investments'. If you have a sl at 30 pips, and you end up taking a loss for 84 pips (something which I don't believe would ever happen. but many people claim it has happened to them) then why would anyone trade in forex to begin with? The reality is the spread in forex can become 10 cents in a split second and drain any account.

  I would agree that having a 2 -4 pip sl is very extreme, but when you look at engulfs on lower tf, a true reversal leaves no tail. Meaning even a 2-4 sl would be safe, but of course getting into that very candle is super rare.

 We have many many many systems and forms of trading. Some better then others of course, but the reality is everyone has a different out luck on life. I for one would not risk a small portion of my account on any 'INVESTMENT', as the market makes U-turns on any current event. Many feel comfortable taking small positions, because it will be 'harder for them to margin out' but is that the right approach?

 Why not lower your exposure to the market? Exposure in the sense of the amount of time you are in the actual market. Several traders her have displayed the ability to do it. Is it luck? I think not, not when a person is able to repeat the same results multiple times. Super_trader has shown the ability to do it. So, why don't we focus more on that? As that would allow us to risk more, because stats say we won't be in a position for a certain amount of time in red.

AmberLynn posted:
 That should tell you something about 'sure investments'. If you have a sl at 30 pips, and you end up taking a loss for 84 pips (something which I don't believe would ever happen. but many people claim it has happened to them) then why would anyone trade in forex to begin with?...

Have yur ever heard of PRICE GAPS? It's like the ABC of trading, you should know that.

https://www.investopedia.com/terms/g/gap.asp

ahuruglica posted:

AmberLynn posted:
 That should tell you something about 'sure investments'. If you have a sl at 30 pips, and you end up taking a loss for 84 pips (something which I don't believe would ever happen. but many people claim it has happened to them) then why would anyone trade in forex to begin with?...

Have yur ever heard of PRICE GAPS? It's like the ABC of trading, you should know that.

https://www.investopedia.com/terms/g/gap.asp

 Did anywhere in his post he mention that the price gapped? Gapped prices occur from when the market is closed to when it opens. Thank you very much for taking the time in posting that link, but maybe it would be wiser to ask the O.P. if his sl was skipped due to holding an order through a gap, instead of assuming that his loss occurred because of it.

 

@AmberLynn

Price gaps can happen during normal hours too. On some rare events (market crashes and panics) liquidity providers stop providing liquidity, then the price can gap for 50 pips, maybe more.

When you get enough experience you can be lucky to witness those events.