ViratFx Discussão

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A small separate account to take high risks wouldn't hurt. Just put in it what is acceptable to lose. But I take it you find no fun in taking high risks? I just like to make massive trades sometimes, and it's fun to watch them when they are in profit. This is why one needs a separate account for this -- don't wanna mix this up with a responsibly managed account.

Haha, wow I love how newbie traders think they are 'professionals' after trading like this on a 1:500 leverage account 😂

Challenge: Let's see if your account is still around in 2 years!

what is wrong with you? the account is from last year, not this year. yet you call it newbie? 😂

nothing wrong with leverage 500 too. it is all depends on the person who do the trades, not you.

UEFA2013 posted:
Haha, wow I love how newbie traders think they are 'professionals' after trading like this on a 1:500 leverage account 😂

Challenge: Let's see if your account is still around in 2 years!

Firstly...the fact that the broker offers a 1:500 leverage does not mean that I actually use it. The max leverage ive ever used is 1:10...and that was when I had started this account a year ago. Nowadays i seldom cross 1:5.

Secondly, im not a newbie, ive been trading fx for 3 years and ive been trading Indian equity for the last 12 years...since i was 19.

I hope that clears all your issues

PS:'Challenge: Let's see if your account is still around in 2 years!

deysmacro posted:
what is wrong with you? the account is from last year, not this year. yet you call it newbie? 😂

nothing wrong with leverage 500 too. it is all depends on the person who do the trades, not you.

Dont worry about him mate myfxbook is full of jokers like him

viratfx posted:

UEFA2013 posted:
Haha, wow I love how newbie traders think they are 'professionals' after trading like this on a 1:500 leverage account 😂

Challenge: Let's see if your account is still around in 2 years!

Firstly...the fact that the broker offers a 1:500 leverage does not mean that I actually use it. The max leverage ive ever used is 1:10...and that was when I had started this account a year ago. Nowadays i seldom cross 1:5.

Secondly, im not a newbie, ive been trading fx for 3 years and ive been trading Indian equity for the last 12 years...since i was 19.

I hope that clears all your issues

PS:'Challenge: Let's see if your account is still around in 2 years!

Brother, I trade structured derivatives for an investment bank, previously traded spot FX and cross-currency swaps (highly profitably I might add!). Believe me when I say that I am more than capable of spotting traders who think they are 'godlike' in this industry, yet miss a good few of the important qualities needed to make it big. Generally the very first indicator is when someone goes on and on about how long they've been trading for and how everyone else who trades forex is a 'blue-collar' worker/truck driver (like seriously, where do you get that from?) who has no hope of trading as well as they do.

Anyway, I'll be on my way now. I just read some of your other posts and the superiority complex you have will always be your downfall it seems. Ah well, enjoy! :D

Listen mate, Ive never claimed to be a big shot successful trader anywhere...if I have please do point it out. As for the contention that I am boastful

you made a few points in your rant

1. Im a newbie

2. My performance is because of the 1:500 leverage and I will soon wipe myself out

I just cleared your queries. As for the tone of my reply...Im not here to massage your ego or to set benchmarks in online etiquette. If you are rude for no reason...please except the same from me.

As for the other conversation that you mention...the blue collar dude (yes im probably right) basically claimed that I was faking my stats (on the first system) and I had a big drawdown (on my second system) which doesnt make any sense (why would i have a big DD if i was fudging my accounts - if that was even possible in the first place).

So you see...we are all traders here and I would welcome queries/criticism of my trading style in a civil manner. If you wish to behave like a silly school girl then it is fine by me but im under no obligation to take shit from anyone.

As for the fact that you can 'spot' successful traders because you trade credit derivatives for a bank...that is truly awesome...best of luck for the future

Regards

Yowza brother, try not to let your entire balance go into drawdown... (Constructive criticism, as requested).

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lol yeah...I will take care of that

So you're ok with 30% drawdown bro? Man, imagine it was a $1,000,000 account...