Anyone Trading For A Living?
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:05
Still laughing man ? 😭
supertrader91 posted:Chikot posted:
LOL, one day people looking for consistent growth will wake up to see accounts gone. By this I mean traders who average their losses into winners or be, not guys who make $ consistently. However it is impossible to do this without losses and losing periods happen.
Consistent profits gained form refusal to take losses is one way road eventually. Market simply goes into range prices come back and people forget that prices might start moving without coming back, then trend resumes and bum! Marge is calling.
Owh haha.... 😂
Membre depuis Oct 03, 2012
posts 82
Jan 11, 2013 at 17:06
AmberLynn posted:
I still don't understand why supertrader has made his account private. By not showing your history, it reveals how big the hole is in your system.
Haha whatever 😇
If you work hard consistently eventually you will get it.
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:07
I tend to disagree. Taking money out daily? Too extreme. I would understand monthly withdraw part of earnings but not everything.
AmberLynn posted:
To me the most important thing is not compounding. To compound successfully you really have to trade like a robot. Many people as mentioned before, can earn SUPER HIGH RETURNS in a matter of trades. Yet, by simply withdrawing what you have profited. Will assure you of not LOSING the profit, WHEN you blow your account. Margin call will happen. I have yet to see a HUMAN win 100% of his or her trades. So to earn enough money in forex in the long term. You should withdraw profits daily.
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:15
I sense the irony. Nobody knows where this beast will go now. my guess is at least 122.00 on this leg. and 135.00 is not impossible. i will leave my half position running for now. I have seen a lot of guys being destroyed by taking contra trend trades and not sticking to their stops and especially adding to losers. This super duper is not a trader. he is a gambler. 45% in few days 😀
who is he kidding?
who is he kidding?
Jan 11, 2013 at 17:17
Chikot posted:
I tend to disagree. Taking money out daily? Too extreme. I would understand monthly withdraw part of earnings but not everything.AmberLynn posted:
To me the most important thing is not compounding. To compound successfully you really have to trade like a robot. Many people as mentioned before, can earn SUPER HIGH RETURNS in a matter of trades. Yet, by simply withdrawing what you have profited. Will assure you of not LOSING the profit, WHEN you blow your account. Margin call will happen. I have yet to see a HUMAN win 100% of his or her trades. So to earn enough money in forex in the long term. You should withdraw profits daily.
Well think of it this way. When you work a 9 to 5. The hours you've worked is multiplied by your hourly salary. As if to say, your GUARANTEED what you have given the company. You can do it daily or monthly. The fact is your doing it. That is something most traders don't do. We read way to much into terms which PROFESSIONALS use. The term DRAWDOWN by far is the most worthless stat ever. Only because it is a representation of the % of your account you have had in red! Yet, it doesn't tell you your avg POINTS in loss. That alone tells you how horrible your system is. Everything we fight for is POINTS.
Jan 11, 2013 at 17:18
AmberLynn posted:
Hey super... Sell eur/jpy right now, for 3 dollars a point We will fall back to 117.57 within the next 2 weeks. This is as high as eur/jpy will go. Current price is 119.116 119.42 is stop loss
Dropping fast now, in scalpers term. :)
Jan 11, 2013 at 17:23
Chikot posted:
I sense the irony. Nobody knows where this beast will go now. my guess is at least 122.00 on this leg. and 135.00 is not impossible. i will leave my half position running for now. I have seen a lot of guys being destroyed by taking contra trend trades and not sticking to their stops and especially adding to losers. This super duper is not a trader. he is a gambler. 45% in few days 😀
who is he kidding?
Oh come on. Don't start with the 'he is a gambler' Just because a person earns 45% doesn't mean he is lucky.You even said it yourself. No one knows where it is going to go. Which means we are taking a gamble either way. The word GAMBLE isn't defined by the amount of profit or loss your going to take. It is merely defined by 'TAKING A RISK AT AN OUTCOME IN WHICH YOU AREN'T CERTAIN OF'. If I deposited 100k, and earned 45%. I would be STUPID not to withdraw the 45k profit. Tomorrow all currency pairs could be delisted to NOTHING, which means you would lose all your cash. :)
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:24
😲 where? It is at 119.12 right now.
AmberLynn posted:AmberLynn posted:
Hey super... Sell eur/jpy right now, for 3 dollars a point We will fall back to 117.57 within the next 2 weeks. This is as high as eur/jpy will go. Current price is 119.116 119.42 is stop loss
Dropping fast now, in scalpers term. :)
Jan 11, 2013 at 17:26
Chikot posted:
😲 where? It is at 119.12 right now.AmberLynn posted:AmberLynn posted:
Hey super... Sell eur/jpy right now, for 3 dollars a point We will fall back to 117.57 within the next 2 weeks. This is as high as eur/jpy will go. Current price is 119.116 119.42 is stop loss
Dropping fast now, in scalpers term. :)
Yes after you responded to the post some 5 mins after I posted it. A scalper would of been in and out 27 times. :)
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:26
Sorry, I am never in much DD actually. I cut losses so it is not about me , LOL. we have different opinion, but it doe snot mean you are right.
AmberLynn posted:Chikot posted:
I tend to disagree. Taking money out daily? Too extreme. I would understand monthly withdraw part of earnings but not everything.AmberLynn posted:
To me the most important thing is not compounding. To compound successfully you really have to trade like a robot. Many people as mentioned before, can earn SUPER HIGH RETURNS in a matter of trades. Yet, by simply withdrawing what you have profited. Will assure you of not LOSING the profit, WHEN you blow your account. Margin call will happen. I have yet to see a HUMAN win 100% of his or her trades. So to earn enough money in forex in the long term. You should withdraw profits daily.
Well think of it this way. When you work a 9 to 5. The hours you've worked is multiplied by your hourly salary. As if to say, your GUARANTEED what you have given the company. You can do it daily or monthly. The fact is your doing it. That is something most traders don't do. We read way to much into terms which PROFESSIONALS use. The term DRAWDOWN by far is the most worthless stat ever. Only because it is a representation of the % of your account you have had in red! Yet, it doesn't tell you your avg POINTS in loss. That alone tells you how horrible your system is. Everything we fight for is POINTS.
Jan 11, 2013 at 17:29
Chikot posted:
Sorry, I am never in much DD actually. I cut losses so it is not about me , LOL. we have different opinion, but it doe snot mean you are right.AmberLynn posted:Chikot posted:
I tend to disagree. Taking money out daily? Too extreme. I would understand monthly withdraw part of earnings but not everything.AmberLynn posted:
To me the most important thing is not compounding. To compound successfully you really have to trade like a robot. Many people as mentioned before, can earn SUPER HIGH RETURNS in a matter of trades. Yet, by simply withdrawing what you have profited. Will assure you of not LOSING the profit, WHEN you blow your account. Margin call will happen. I have yet to see a HUMAN win 100% of his or her trades. So to earn enough money in forex in the long term. You should withdraw profits daily.
Well think of it this way. When you work a 9 to 5. The hours you've worked is multiplied by your hourly salary. As if to say, your GUARANTEED what you have given the company. You can do it daily or monthly. The fact is your doing it. That is something most traders don't do. We read way to much into terms which PROFESSIONALS use. The term DRAWDOWN by far is the most worthless stat ever. Only because it is a representation of the % of your account you have had in red! Yet, it doesn't tell you your avg POINTS in loss. That alone tells you how horrible your system is. Everything we fight for is POINTS.
You sure do cut losses. Over 1100 pips in losses to be exact. It is as if the market is AGAINST YOU. Looks like you need to pack it up and withdraw those funds. :)
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:33
I actually trade another live account anew with money form the first one. If you check what was going on you would see I simply was not taking profits. I am in the process of developing in longer term trading and started only in May on demo..., but money still here. The strategy as I see it is pretty good, trade management requires improvements which I am trying to do. Super trader is a gambler period. anyone using this kind of leverage is a gambler. end of story. Your posts are foolish and reveals lack of intelligence.
Show your trades first for as long as I have been showing than yap your mouth.
Show your trades first for as long as I have been showing than yap your mouth.
AmberLynn posted:
Chikot. In your only REAL account which you have posted for us to see. Since you've started you've been in red. Looks like you should be following superdupertradernoobie! Atleast then you can see your a good trader.
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:34
You are watching older account. Check new account... or you lost your spectacles. it is at the bottom, the one I am trading now.
Membre depuis Jan 14, 2010
posts 2299
Jan 11, 2013 at 17:39
Another post from a fool. My dad always told me do not talk to the fools. i am going to follow his advice. bye.
Jan 11, 2013 at 17:45
Chikot posted:
I actually trade another live account anew with money form the first one. If you check what was going on you would see I simply was not taking profits. I am in the process of developing in longer term trading and started only in May on demo..., but money still here. The strategy as I see it is pretty good, trade management requires improvements which I am trying to do. Super trader is a gambler period. anyone using this kind of leverage is a gambler. end of story. Your posts are foolish and reveals lack of intelligence.
Show your trades first for as long as I have been showing than yap your mouth.AmberLynn posted:
Chikot. In your only REAL account which you have posted for us to see. Since you've started you've been in red. Looks like you should be following superdupertradernoobie! Atleast then you can see your a good trader.
I have seen your so called TRADES and they aren't anything to write home about. You seem to now know the definition of Gamble which is why I posted it for you. People who tend to trade on higher leverage are much more skilled then those who trade on 50:1 To trade on high leverage, you have to be rather certain that your entry point is accurate.
Also trading on high leverage is much SMARTER then trading on lower leverage, because on high leverage you require LESS EQUITY to open a position. Which means on High leverage if you do lose say 200 points on a trade, you still have free equity to place a trade in order to earn some of your losses back.
Low leverage doesn't allow you to do that, which is why many of you guys end up holding positions for 1000 point losses. Everything I've said makes perfect sense, but it seems to be directed at your. Which is why you are blocking the information. Your little 4% live account isn't do anything. Plus with your past history with live accounts, You will be losing your short very soon. And stop with the excuses that you didn't take profit when you had it! Better question is WHY DIDN'T YOU TAKE IT!
