any fulltime forex trader here ???
会员从Oct 29, 2014开始
8帖子
Nov 17, 2014 at 07:39
rowdy posted:
vince your results are good BUT one needs to see your trading style hence your results (which you hide) to see how good you are as a trader. The fact that you hide, this leads one to believe that perhaps you are using some sort of martingale and been lucky? Otherwise why would someone be hiding his trading results.
So the question is are you using some martingale or the like?
Not sure what do you want to see, i'm not familiar with those permissions.
I'm technical trader, mainly on daily charts, some on weekly charts. I have 36 trades, total 17 lots.
I'm conservative, I risk 2% each trade, max 3 positions at the same time,
I changed profit management plan in June due to the reason i mentioned above. After that i found that I'm much more confident, I got better winning percentage.
You can check the summary and risk of ruin section, my strategy has very low risk.
Nov 17, 2014 at 09:24
vincentpbt posted:rowdy posted:
vince your results are good BUT one needs to see your trading style hence your results (which you hide) to see how good you are as a trader. The fact that you hide, this leads one to believe that perhaps you are using some sort of martingale and been lucky? Otherwise why would someone be hiding his trading results.
So the question is are you using some martingale or the like?
Not sure what do you want to see, i'm not familiar with those permissions.
I'm technical trader, mainly on daily charts, some on weekly charts. I have 36 trades, total 17 lots.
I'm conservative, I risk 2% each trade, max 3 positions at the same time,
I changed profit management plan in June due to the reason i mentioned above. After that i found that I'm much more confident, I got better winning percentage.
You can check the summary and risk of ruin section, my strategy has very low risk.
The percentage of the account isn't the risk what is the risk is how you manage a trade. For example if you trade 5% of the account but your SL is 250 pips that 17.5% of the account wiped if it goes wrong. Get several wrong in a row and you're done. To attract big investors you don't want to be anywhere near 10% DD p.m or even per trade, not even 8% p.m, the lower the more attractive you are looking. Get 2% DD p.m consistently with a small profit and you would become a millionaire from trading within 2 years. I have not seen anyone achieve this on here.
会员从Oct 29, 2014开始
8帖子
Nov 18, 2014 at 08:04
The percentage of the account isn't the risk what is the risk is how you manage a trade. For example if you trade 5% of the account but your SL is 250 pips that 17.5% of the account wiped if it goes wrong. Get several wrong in a row and you're done. To attract big investors you don't want to be anywhere near 10% DD p.m or even per trade, not even 8% p.m, the lower the more attractive you are looking. Get 2% DD p.m consistently with a small profit and you would become a millionaire from trading within 2 years. I have not seen anyone achieve this on here.
The position size is calculated according to SL size, no matter how much pips SL i set, the risk is always 2% of account. You didn't check the risk of ruin section, 2.46% chance to loose 10% of account which require 5 consecutive losing trades.
Nov 18, 2014 at 11:57
vincentpbt posted:
The percentage of the account isn't the risk what is the risk is how you manage a trade. For example if you trade 5% of the account but your SL is 250 pips that 17.5% of the account wiped if it goes wrong. Get several wrong in a row and you're done. To attract big investors you don't want to be anywhere near 10% DD p.m or even per trade, not even 8% p.m, the lower the more attractive you are looking. Get 2% DD p.m consistently with a small profit and you would become a millionaire from trading within 2 years. I have not seen anyone achieve this on here.
The position size is calculated according to SL size, no matter how much pips SL i set, the risk is always 2% of account. You didn't check the risk of ruin section, 2.46% chance to loose 10% of account which require 5 consecutive losing trades.
Explain how you came to the conclusion that you have 2.46% chance of losing 10% of the account? And don't say this is what their calculation is because myfxbook is almost rubbish at precision. But you would know this if you have used myfxbook long enough.
Nov 18, 2014 at 20:07
TozsdeProgram posted:trader757 posted:
This account is doomed!
As soon as he closes all the loosing open trades it's gone!
Hi trader757,
did you reply to my post with that https://www.myfxbook.com/members/TozsdeProgram/everexfxcom/843141 report ?
Sorry, but what you wrote is totally wrong. Please check it again. My equity is at 100%. There is the Equity Growth line under the red Growth line. Just click and hide the red Growth line and you will see it. This EA always close the positions in minutes --> there are no floating / loosing open trades. ( Check the Avg trade length: 20 sec. )
No. My comment was for this user: https://www.myfxbook.com/members/pradeep68.
He removed his system. Probably he went bust. He had so many loosing opened trades that once closed it would mean THE END.
I trader is not a trader unless he learns how to take losses. Losses are part of the game too. No need to run away from it. You better face it upfront.
Nov 18, 2014 at 20:25
vincentpbt posted:rowdy posted:
vince your results are good BUT one needs to see your trading style hence your results (which you hide) to see how good you are as a trader. The fact that you hide, this leads one to believe that perhaps you are using some sort of martingale and been lucky? Otherwise why would someone be hiding his trading results.
So the question is are you using some martingale or the like?
Not sure what do you want to see, i'm not familiar with those permissions.
I'm technical trader, mainly on daily charts, some on weekly charts. I have 36 trades, total 17 lots.
I'm conservative, I risk 2% each trade, max 3 positions at the same time,
I changed profit management plan in June due to the reason i mentioned above. After that i found that I'm much more confident, I got better winning percentage.
You can check the summary and risk of ruin section, my strategy has very low risk.
Vincent it's easy. You just have to go to your profile settings (up right in your screen), edit your account properties and enable public things like, history, trades, etc. If you want people to evalute how good you are you will have to show these details, otherwise the balance or even equity curve are meaningless.
Good luck,
会员从Oct 29, 2014开始
8帖子
Nov 19, 2014 at 09:45
History checked.
会员从Oct 29, 2014开始
8帖子
Nov 19, 2014 at 09:46
Guys, please note I'm not looking for investors, because i'm not trading full time yet, this is the first profit year for me. I think 300K USD is enough for me to trade for living, and I have that.
What I'm interested in is a chance to join a Proprietary Trading firm as a junior or trainee trader. I join Myfxbook because some of them asking for 1 year record and Sharpe Ratio 2.0, seems like I didn't make it.
What I'm interested in is a chance to join a Proprietary Trading firm as a junior or trainee trader. I join Myfxbook because some of them asking for 1 year record and Sharpe Ratio 2.0, seems like I didn't make it.
会员从Oct 11, 2013开始
775帖子
Nov 21, 2014 at 02:07
Just post the trading results openly if there is nothing to hide. The account statement is the trader's resume.
Nov 22, 2014 at 13:02
Trading full time a few years now. I love it, id like to work with numbers and graphs. Love the adrenaline.
The constant 'pressure' of being at risk 24/5 with open positions can become tiresome sometimes.
They say about poker it's a hard way to make an easy living. I believe the same is true for trading. Once you finally master your tradeskills (hopefully without too many margin calls) your trade decisions will become more autopilot than they were before.
With tradeskills i basically mean moneymanagement. It takes time to get a 'feeling' with how your account balance,positions size, your entrypoint, tradeplan and pair volatility work in synergy towards proper moneymanagement.
The constant 'pressure' of being at risk 24/5 with open positions can become tiresome sometimes.
They say about poker it's a hard way to make an easy living. I believe the same is true for trading. Once you finally master your tradeskills (hopefully without too many margin calls) your trade decisions will become more autopilot than they were before.
With tradeskills i basically mean moneymanagement. It takes time to get a 'feeling' with how your account balance,positions size, your entrypoint, tradeplan and pair volatility work in synergy towards proper moneymanagement.
Nov 23, 2014 at 07:35
Smokey posted:
Trading full time a few years now. I love it, id like to work with numbers and graphs. Love the adrenaline.
The constant 'pressure' of being at risk 24/5 with open positions can become tiresome sometimes.
They say about poker it's a hard way to make an easy living. I believe the same is true for trading. Once you finally master your tradeskills (hopefully without too many margin calls) your trade decisions will become more autopilot than they were before.
With tradeskills i basically mean moneymanagement. It takes time to get a 'feeling' with how your account balance,positions size, your entrypoint, tradeplan and pair volatility work in synergy towards proper moneymanagement.
So show us that you are making a living from trading. Or is that too hard to provide?
会员从Oct 29, 2014开始
8帖子
Nov 23, 2014 at 07:58
Smokey posted:
Trading full time a few years now. I love it, id like to work with numbers and graphs. Love the adrenaline.
The constant 'pressure' of being at risk 24/5 with open positions can become tiresome sometimes.
They say about poker it's a hard way to make an easy living. I believe the same is true for trading. Once you finally master your trade skills (hopefully without too many margin calls) your trade decisions will become more autopilot than they were before.
With trade skills i basically mean money management. It takes time to get a 'feeling' with how your account balance,positions size, your entry point, trade plan and pair volatility work in synergy towards proper money management.
hi, just wondering are you trading your own money or trading for a firm, if you are trading for the firm, how did you joined. thx
会员从Nov 24, 2013开始
4帖子
Nov 24, 2014 at 07:37
My vision is to build a trading team that will evolve together. First I need to get everyone up to speed, so add me on skype if you're interested in training. The only investment you will make will be time and effort as I have strict rules on live trading. No live trading during the developmental phase of your career.
会员从Nov 24, 2013开始
4帖子
Nov 24, 2014 at 07:37
No demo trading either, thats just as much of a distraction, if not worse.
Nov 24, 2014 at 07:52
rowdy posted:
So show us that you are making a living from trading. Or is that too hard to provide?
My tradehistory is open. Not sure what else you expect.
If you cant click my name, heres a link; https://www.myfxbook.com/members/Smokey/10-per-month/1022063
vincentpbt posted:
hi, just wondering are you trading your own money or trading for a firm, if you are trading for the firm, how did you joined. thx
Only trading my own money from home.
Nov 24, 2014 at 08:04
rowdy posted:
So show us that you are making a living from trading. Or is that too hard to provide?
My tradehistory is open. Not sure what else you expect.
If you cant click my name, heres a link; https://www.myfxbook.com/members/Smokey/10-per-month/1022063
vincentpbt posted:
hi, just wondering are you trading your own money or trading for a firm, if you are trading for the firm, how did you joined. thx
Im trading my own money from home.
Nov 24, 2014 at 08:10
Smokey posted:rowdy posted:
So show us that you are making a living from trading. Or is that too hard to provide?
My tradehistory is open. Not sure what else you expect.
If you cant click my name, heres a link; https://www.myfxbook.com/members/Smokey/10-per-month/1022063vincentpbt posted:
hi, just wondering are you trading your own money or trading for a firm, if you are trading for the firm, how did you joined. thx
Only trading my own money from home.
So you're not making a living of it just another bystander who claims he is trading for a living?
Nov 24, 2014 at 08:11
Smokey posted:rowdy posted:
So show us that you are making a living from trading. Or is that too hard to provide?
My tradehistory is open. Not sure what else you expect.
If you cant click my name, heres a link; https://www.myfxbook.com/members/Smokey/10-per-month/1022063vincentpbt posted:
hi, just wondering are you trading your own money or trading for a firm, if you are trading for the firm, how did you joined. thx
Im trading my own money from home.
In over a year you withdrew only $12k. Now unless you're missing half of your wit that tells me that you are not making a living out of it, in fact going to work would have earned much more. So the conclusion is you're doing it as a gamble.
会员从Jun 03, 2010开始
696帖子
Nov 24, 2014 at 08:47
https://www.myfxbook.com/members/adrian8891
Me - full time forex trader. Maybe not 'full time' , but 'full auto' ;)
Me - full time forex trader. Maybe not 'full time' , but 'full auto' ;)
PAMM MANAGER // Professional Fund Manager
Nov 25, 2014 at 07:36
rowdy posted:
In over a year you withdrew only $12k. Now unless you're missing half of your wit that tells me that you are not making a living out of it, in fact going to work would have earned much more. So the conclusion is you're doing it as a gamble.
I like your critical approach, but this is not how it works. You cant start trading full time if 18k (the amount i started that account with 16 months ago) is all you got. That would be gambling as you cant afford to loose that money. Having to rely on frequent withdrawals from your trading account for expenses is nuts.
Before you become a full time trader you should build a big buffer (a few years expenses). That way you can create some workcapital you dont need. On the road to that buffer you need to become confident you can be consistently profitable. Trade small, save money.
Before doing this fulltime i simply saved funds from work. As i went to trade equities,funds,bitcoins and forex i grew more confident that i could be consistant. Increase your trade volume as your profitability increases. Once you feel 'safe' and your capital can take a few hits without too much hurt, you can consider becoming a dedicated trader.
