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I AM PLANNING TO DIE IN FOREX

LAZY TRADER (DIKIHENDARYANTO)
Oct 25 2016 at 08:49
posts 258

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.
I WILL TRADE WHILE I AM SLEEPING
MC85
Oct 25 2016 at 08:56
posts 48
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.

Hi, maybe you should choose another strategy and not 'playing same old song again', if you want to be more successful
Norbert Rabi
forex_trader_[253165]
Oct 25 2016 at 09:48
posts 20
Yeah try to improve . If you do it in your own it will take you at least 5 years or more. I can give you advise if you want. Just get in touch.
LAZY TRADER (DIKIHENDARYANTO)
Oct 25 2016 at 13:55
posts 258
Are you doing trade manually or automatically?
I WILL TRADE WHILE I AM SLEEPING
LAZY TRADER (DIKIHENDARYANTO)
Oct 25 2016 at 13:58
posts 258
MC85 posted:
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.

Hi, maybe you should choose another strategy and not 'playing same old song again', if you want to be more successful
That's right man,i choose another strategy and see if it working consistently...always try another until find the right one that convenient for me.Thanks for your advice....
I WILL TRADE WHILE I AM SLEEPING
Norbert Rabi
forex_trader_[253165]
Oct 25 2016 at 14:57
posts 20
MC85
Oct 25 2016 at 14:57
posts 48
I trade always manually. It was very hard in the beginning. My advise - learn some strategies and very soon you will be making profit
SaltyWaters
Oct 25 2016 at 15:02
posts 247
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.


Addiction means you are unable to control yourself. Like with any other drug you will succumb each time. What you need is re-hab and stay away from trading for a while. Learn how to control yourself. Come back when your can master yourself.
FxMasterGuru (FxMasterGuru)
Oct 26 2016 at 01:09
posts 1608
I suggest algorithmic/automated trading as emotions will ALWAYS come into play - and in the wrong way - when the stakes are high.

That is why there are so many books about trading psychology. Of course, they don't help much because remaining 'cool' and 'unemotional' (i.e. without greed and fear) in high stake trading situations requires special psychological setup which is deeply rooted in one's emotional relationship with money.

A trader either has it or does not have it, and he/she will know it for sure only when his/her account size reaches the 'high stake' level (which is different for everybody).

And that is why we see that some traders do quite well for a long time, however, when their account size exceeds a critical point, then FEAR and GREED kicks in and his performance declines rapidly. The same happens when one takes up clients and/or subscribers.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 06:18
posts 258

Can you explain your strategy?i have been trying for 2 years trading manually
I WILL TRADE WHILE I AM SLEEPING
LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 07:00
posts 258
FxMasterGuru posted:
I suggest algorithmic/automated trading as emotions will ALWAYS come into play - and in the wrong way - when the stakes are high.

That is why there are so many books about trading psychology. Of course, they don't help much because remaining 'cool' and 'unemotional' (i.e. without greed and fear) in high stake trading situations requires special psychological setup which is deeply rooted in one's emotional relationship with money.

A trader either has it or does not have it, and he/she will know it for sure only when his/her account size reaches the 'high stake' level (which is different for everybody).

And that is why we see that some traders do quite well for a long time, however, when their account size exceeds a critical point, then FEAR and GREED kicks in and his performance declines rapidly. The same happens when one takes up clients and/or subscribers.
THAT IS TRUE...GREED VS FEAR takes control..human dilemma,which one to choose?I guess we're all ever felt that and trading will teach you very good about that,about your decision and risks.That is very nice comment...very wisely, i will keep that in my mind. Thank you very much FxMasterGuru (go to click 'Vouch' under my Avatar)
I WILL TRADE WHILE I AM SLEEPING
Raj (RPatell)
Oct 26 2016 at 07:11
posts 64
DIKI1974 posted:
MC85 posted:
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.

Hi, maybe you should choose another strategy and not 'playing same old song again', if you want to be more successful
That's right man,i choose another strategy and see if it working consistently...always try another until find the right one that convenient for me.Thanks for your advice....

Very good you try different things! 😄 What trading platform do you use? Are you trading at fixed or variable spreads? Do you have a set of preferred indicators that you use consistently?
Raj (RPatell)
Oct 26 2016 at 07:13
posts 64
Btw, very interesting title of the thread! Let's try not to die in Forex 😉
vontogr (togr)
Oct 26 2016 at 08:13
posts 4862
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.

Why going soo EMO about trading.
Simply put if you know what you are doing trade live else trade demo and cause no harm.
LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 11:51
posts 258


I am using MT4 platform and mixed custom indicators that i collected for manually trade....but it is only sometimes,I mean sometimes i did manually trade only when i am feeling comfort with my self. I like indicators that are simple, not complicated so it is easy to understand.But in oftenly trade i am using EA, and learning how this EA works. EA could done wrong trade many times and what i want to understand is how EA fix mistakes,not to close position when loosing trade goes on with strategy . EA done probability theory with math logical that human create (algorithm), I guess it is like human did in trade but without emotion. And after all trade is probability theory...maybe eur bearish,maybe eur bullish etc. nothing is certain in trading, the price always changing. I think there is no manually trading system or EA are perfect/accurate 100%. So right now i am testing with waiting for my EA will do when critical position occurs with 20 % equity risk maybe when high impact news.Like most people said HIGH RISK HIGH GAIN....NO PAIN NO GAIN.

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I WILL TRADE WHILE I AM SLEEPING
LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 11:54
posts 258
RPatell posted:
Btw, very interesting title of the thread! Let's try not to die in Forex 😉
I ever think to change my title thread became I AM PLANNING NOT TO DIE IN FOREX,but it is like my thought in my first trade...and final result is DIEEEE (not me but my account) ....BURNT FAST, faster thousand time more then my profit gain. Sooo, now i thinking the reversal thought of my first trade...PLANNING TO DIE (extremly thought isn't it..ha..ha..ha..ha),and see what will going on....and thank you for your kind attention. Goodluck at your trade!
I WILL TRADE WHILE I AM SLEEPING
LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 11:57
posts 258
togr posted:
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.

Why going soo EMO about trading.
Simply put if you know what you are doing trade live else trade demo and cause no harm.
That is correct....like trading is risky,if you don't want risk...don't trade. What is not risky in this world?everything is risky, it is a matter how much or how many risk you can take. Thanks a lot man. Very nice trade that you have been done.
I WILL TRADE WHILE I AM SLEEPING
LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 11:58
posts 258
RPatell posted:
DIKI1974 posted:
MC85 posted:
DIKI1974 posted:

Hello everybody,
I knew forex trading from a friend in 2014.Since then I became addicted until now. But my past in forex trading not good...i burnt many accounts and I loss a lot of money,but it doesn't break my spirit.....It's sound like same old song,same old story to a new trader,So now I am trying again...you can check my account profile,if it drawdown 100% it mean i have to restarted again and playing same old song again.

Hi, maybe you should choose another strategy and not 'playing same old song again', if you want to be more successful
That's right man,i choose another strategy and see if it working consistently...always try another until find the right one that convenient for me.Thanks for your advice....

Very good you try different things! 😄 What trading platform do you use? Are you trading at fixed or variable spreads? Do you have a set of preferred indicators that you use consistently?
I am sorry i forgot....i am trading at floating spread.
I WILL TRADE WHILE I AM SLEEPING
FxMasterGuru (FxMasterGuru)
Oct 26 2016 at 12:28
posts 1608
DIKIHENDARYANTO posted:

Can you explain your strategy?i have been trying for 2 years trading manually

I trade only the last 3 hours before the Tokyo Open (i.e. the pre-Asian session) with a proprietary, price-action based scalping algorithm, which 'algo' has eventually become an EA. So eventually I can sleep while my account is trading, and emotions are out of the way. Completely.

During those 3 hours ALL markets are closed, so no significant price movements, incl. 'black swan' market events are expected (but of course, anything can happen at any time).

If conditions are 'right' (concluded from the price movements of the previous 12 hours) the EA sells on highs and buys on lows of pairs which usually show a ranging movement during those 3 hours.

Hidden Stop Loss (SL) and Target Profit (TP) are both dynamically adjusted depending on how the trades unfold, but the EA also uses not-hidden (fixed) 'emergency' SL & TP. That 'simple'. And that is the most I can reveal about it...
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LAZY TRADER (DIKIHENDARYANTO)
Oct 26 2016 at 14:43
posts 258
So that is what your EA did....sounds like it is simple and effective.I was looked at your account profile and i like your profit gain...not too fast and not too slow that is what i am expecting with my EA. I don't believe in fast growth such as thousand percent in a few days, it will takes alot of equity risk...the stakes too high like blinding fury. I ever did that many times in my past and it never ends well. Just like gambling..once you win,thousands times you are loosing. I am using my EA since almost a week,and i am testing with 20% equity risk.I am only watching how it's work and this EA did something that i never did before and i am trying to understand that. My EA is always try to tracking highest price to sell and lowest price to buy based on MA,MACD,stoch,RSI,CCI...minute by minute,hour by hour. Many mistakes done...but it always trying to fix mistakes with martingale method.Creating profit opportunity by math logic (Algo) without emotion. I never understand that thing because my math is very worst..ha..ha..ha..i didn't pass that test. That is all i am doing now...still learning,maybe you have any suggestion about all of this..just let me know.
I am always open to any positive suggestions, beside you experienced and i am a new comer with EA.By the way forgive me if i wrote something wrong or confusing because english is not my native language. I learned it autodidact. Nice talking to you...thank you.
I WILL TRADE WHILE I AM SLEEPING
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