dxnation's Posts - Page 3

Managed Accounts in General Apr 04, 2013 at 11:23

There has been enough bashing on this thread already. Let us discuss trading strategies used by different account managers so that the investors can understand your system and make calculated decisions on your system.Its not always about who does the most profitable trades, who makes the most money etc. It is about consistent gains, managing risks, dealing with critical world events which might affect your trades, How you handle trades at different investment levels.For E.G.Investment of 10,000.00 USD has lesser economical and psychological impact on gains and losses VS a 1,000,000.00 USD acco...

Your Views on Cyprus Bailout and its effect on Currencies. in Experienced Traders Mar 24, 2013 at 21:33

Hello Folks,As we enter into another week of trading, I would like to get your views on the effect of Cyprus Bailout and its effect on major currencies. What are your views as a trader and how would to place your trades ?Lets put some thoughts on this and gain some handsome PIPs :)Happy Trading Week.dxnation

Traders from India in General Mar 24, 2013 at 15:44

Hello members,I am starting a new thread on this website. There are many members who are from India who are either living in India or overseas. Let us collaborate and share information about trading activities, brokers, funding-withdrawal systems etc.This is a good portal to share and learn. Regards,dxnation

scalping anyone?? in General Mar 23, 2013 at 19:06

scalping is good if you are able to watch your trades routinely. I am not using EAs for my trades so I cannot advise on EA but if you can keep working and tweaking on EAs you can get some good pips.

Can you consistently make a profit of USD2000 on a USD5000 account? in General Mar 23, 2013 at 18:59

@chisha If you are playing safe you can make 5% profits per month which much risks and enjoy long term results. There might be some weeks where you will be making upto 20% and some where you make 2% but overall anywhere between 5%-10% on your investment is very good.Large accounts how average of 5%-8% returns

Can you consistently make a profit of USD2000 on a USD5000 account? in General Mar 23, 2013 at 18:44

Mine is close to 2 years with consistent performance of close to 5% but the drawdown was higher at one point of time. http://www.myfxbook.com/members/dxnation/forexguru/508958The reason for DD being higher was me withdrawing large portion of funds for some immediate use. The equity went down resulting in higher DD. But I am consistent enough and was not worried about losses.

Managed Accounts in General Mar 22, 2013 at 23:45

Do we have a moderator on this forum ??Please report the post and clean this thread.

INDIAN FOREX TRADERS - INTRODUCE YOURSELF in Experienced Traders Mar 22, 2013 at 16:40

I have a few questions which you might be able to answer. Whats the requirements for opening a forex account with a broker in EU if you are in India. How do you deposit and withdraw funds ?How do you setup PAMM accounts ?The indian brokers currently offer only INR based pairs where the spreads are too large, so I am sure you are not using them.Your feedback will be highly appreciated.

Are You Satisfied with Returns on Your Forex Investments? in General Mar 22, 2013 at 15:34

I will check back next week. Any suggestions on my links ?Happy weekend.

Are You Satisfied with Returns on Your Forex Investments? in General Mar 22, 2013 at 15:20

I went to the link you mentioned above. I went to investment calculator. However, it was not positive. Do you have any recommendations ?Please suggest.I am satisfied with my manual trades as of now. Please refer to my link and suggest me any changes that might be necessary: http://www.myfxbook.com/members/dxnation/forexguru/508958

Managed Accounts in General Mar 22, 2013 at 15:13

This thread has been going off topic since past 3-4 days. The investor who wants to invest in your system would want to review your account history, check your trades over a sufficient period of time(Atleast a year worth of history is good to start with).As you can see there are tons of systems displayed on myfxbook and each trader is working hard to prove their worthiness. Rather, trying to argue or pick a fight over the discussion board, I would suggest a level headed conversation. If you keeping posting your link on every 3rd post, the investor won't take you seriously. An investor woul...

What is your dream when you are successful in forex? in General Mar 22, 2013 at 00:02

I am realizing my dream of a good life. Have a very good wife and family. Will be traveling overseas with my wife this summer, while running successful trades (May god help me with that). And hope to do many more trips throughout my life.Make good money and yet live a simple but happy life. I might wanna rent a Lambo Aventador for a week and go on a trip. (Smart Investor won't buy a heavily depreciating asset). Wishing success to everyone out here.

Do you have a New Years Trading Resolution? in General Mar 21, 2013 at 23:49

@TheLastBear I would love to see your system on myfxbook. Could you possibly connect it.

"Computer Trading(automatic)" vs "Human Trading(manual)" in General Mar 21, 2013 at 23:44

@Neosky Autotrading is something that every investor / trader wants to utilize to maximize their benefits. There are many traders developing their own EA systems for autotrading, some are successful some not. But it has never achieved results on a consistent basis. If you scan through automated trading systems on this portal, you will see huge results and would also come across huge losses as well. As @myfxpt suggested, it good to have a auto pilot mode, but when things go wrong there should be an intelligent trader to take control of the situation.

Managed Accounts in General Mar 21, 2013 at 23:39

Which USA broker offers PAMM manager services currently ?

Which USA broker offers PAMM / Managed Accounts currently ? in General Mar 21, 2013 at 23:35

Hello Members,I would like to know which USA broker offers PAMM / Managed Accounts currently ?I spoke to Oanda and they have stopped offering FX manager. Your suggestions / inputs will be welcomed.Regards,dxnation

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Mar 15, 2013 at 20:24

Just like any other job / business / work that we all do we put our efforts in it. Same goes for Forex Trading, it is a work that involves analysis, understanding of the market movements, global trends, various economic parameters and much more. EA's are nothing but a piece of code that helps you automate your task it would not have its own brain to analyze the situation and act accordingly. If this was the case then all these major banks and financial institutions will hire the best of the programmers and develop a failsafe system which would keep reaping them tons of benefits. But that i...

Anyone Trading For A Living? in Experienced Traders Mar 14, 2013 at 20:57

- How did you make the move from part time trading to fulltime?I have been running a successful business and been trading successfully for past 36 months. I have 3 Active accounts with Oanda and have been consistently trading on them. I mostly trade during Japan Session (between 8:00 pm and 11:30 PM EST) and now with the mobile apps, I keep track of my ongoing trades and readjust them if needed during day times.- What starting capital did you require to trade full time?The first account was started with 5000.00 USD and I started gaining more experience I kept feeding funds to my accounts.- Has...

I want only a safe 4% each month... Which EA?? Thank you in Experienced Traders Mar 12, 2013 at 09:23

hello forexpipcatcher,fxmasterguru is right. myfxbook takes into consideration the total investment done over a period of time. Even when I linked my account here, it displayed total deposits over a period of time.I have recently linked one of my accounts on myfxbook: https://www.myfxbook.com/members/dxnation/forexguru/508958Please review it and provide me with your feedback.

Managed Accounts in General Mar 12, 2013 at 09:11

Member Since Feb 19, 2011 1 postsForexGuru.US (dxnation) 1 Hour agoHello People,I have been an active forex trader for 3 years now. I manage several account as of now. I do manual trading based on Fundamental and Technical Analysis. I am extremely safe trader (Won 179 out of 195 trades, 92% Win ratio). My trade margins are not 1:500, 1:400, 1:100 but an actual 1:40 which is very safe. I follow Fibonacci Retracement Patterns, Trendlines and Market Analysis to execute my trades.I have recently linked one of my accounts on myfxbook: https://www.myfxbook.com/members/dxnation/forexguru/508958...

EURUSD	1.07613	GBPUSD	1.25437	AUDUSD	0.6612
USDJPY	153.912	USDCAD	1.3682	USDCHF	0.90609

Posts by dxnation