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Posts by CESTRADES

EUR JPY In General Jan 16 2013 at 01:34
IMHO; EUR/JPY looks like 116.00 Range nearby...http://www.myfxbook.com/forex-charts/AUDUSD,H1/7613/NPKU2auHmSE3kOY#EURJPY,H1/8263/WOMwHjWvbuEpsR4 We'll see...
Anyone Trading For A Living? In Experienced Traders Jan 09 2013 at 21:21
[quote]supertrader91 posted: [quote]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. [/quote] Owh haha.... 😂[/quote...
Anyone Trading For A Living? In Experienced Traders Jan 09 2013 at 02:05
[quote]Chikot posted: Yeah, everyone is free to ruin his own accounts 😉 [quote]TPOTrader posted: with the advent of auto trading services like fxstat, fxjunction, currensee, etc. there's really no reason for anyone to go with these "managed forex funds". First of all you are completely subjected to the manager's risk management, meaning if they take horrible risks, you can't do anything about it. At least with auto trading, you can specify your own risk parameters at will and even alter the stop loss/TP in real time too. [/quote][/q True, If/When I lose, It's...
What is your dream when you are successful in forex? In General Jan 06 2013 at 17:02
Well, they say, dream big, so if I can reach far and beyond my goal, I plan to give 10% of my earnings to charitable organizations that are in low awareness and most in need. I already help with what I can, it just makes me feel great to know I have helped people, as good as an awesome trade. Because of my medical conditions, trading for living is all I have left for a secure financial future. I have the moral support of my family and that helps tremendously. I hope for all the best this year to fellow traders. What a great site (myfxbook.com) Never let site go down!
Anyone Trading For A Living? In Experienced Traders Jan 05 2013 at 10:48
[quote]duzyfx posted: also what is your's secret - how do you overcome bad trades ? a) do you count on having a good accuracy, eg: r/r 1:1 50+% of good trades b) do you double (or increase) the lots sometimes ? c) do you increase the TP to regain some of the lost trades $$$ ? [/quote] Well; IMHO; you overcome bad trades by learning what you did wrong, and stop doing it. It's all about entry and exits. You can have the most accurate sys in the world, but if you don't enter/exit right, less profit. I once made 10 trades and lost 7 of them. the 3 I made profit was 3 times my loss;...
FXDME Warning - Account Management In General Jan 04 2013 at 21:52
Thanks for the heads up^, personally, I need to stick with my system, not that's it's better than any other or visa versa, just a problem I will rid myself of this year and in coming years. Stuff like that is what diverts traders if/when they become vunerable. You could copy trade anybody/broker you want without paying any fees, other than the investment. Sure it's a robot, but to me IMHO, you eliminate the human factor, and the % of problems goes way up. Nobody/No-thing is perfect or even near it. But I won't let a robot do what I love doing to begin with. If you want to unves...
Anyone Trading For A Living? In Experienced Traders Jan 04 2013 at 06:30
"andrewchak" good planning C (CESTRADES). 3-5% avg per month consistently. I think that's a very realistic and achievable goal. i trust tat you can do it cos u seem very patience with your trading. Thanks andrewchak, a problem of mine that I need to stop right away is trying to many different approaches. As you can see on my page, the graph, which is very helpful, shows the classic stairway bi-polar effect cause I tried several other different systems and it didn't work for me. I was thinking that there may be a better system, but you get to a point where the only thing you...
Anyone Trading For A Living? In Experienced Traders Jan 03 2013 at 07:03
[quote]zlion posted: [quote]andrewchak posted: a very good forum title. i always wonder the same question. now that i know there are actually full time forex trader it give me more confident and courage to continue and hopefully become one of them not too far in the future. have been trading since 2009. lost more than 4000 USD but it doesnt stop me. it make me a wiser, better trader. To go full time, i need to make consistent 4000 USD profit per month which is twice my salary. for me this figure will cover my fear and give me confident to quit my job. with an initial start up capital of 3000...
What is your dream when you are successful in forex? In General Jan 02 2013 at 07:28
[quote]pipgenerator posted: I got success in forex. And now planning to start my own pamm account that will let all people to get use of my strategy.[/quote] That's something; PAMM; That I really want to check into..great idea
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