Utterly Relentless
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Thread: Utterly Relentless

  1. #1
    CarlipksD90
    Guest
    Thought I would start a diary with a new fresh deposit of $200 lucky cash today! . Will attempt to produce a 100 fold return by planning to double click the account on each trade, which would necessitate just 10 great trades. Will try my best to be patient and wait for some juicy trade setups to seem to maximize the odds in my favor.

    I began a journal a few years back on a different forum and had a lot of negative individuals constantly talking about brokers not paying out big wins, to not use big leverage etc.. Don't want to find a replica of this or I will delete this diary, butforexsoutheast.asiaappear to be a more open minded group, therefore I don't think I will run into that problem.

    My trading style is price action simply utilizing candlestick charts without a indiors! . Please don't ask me why I entered/exited trades where I did because I will share that advice if I feel like it.

    Following is a pic of my Meta-Trader account, but please note I do the vast majority of charting analysis on Oanda's Fxtrade platform as it's much better for various reasons.

    As Pink says let's get the party started! .

  2. #2
    Jttepd
    Guest
    Exract, don't bother those folks out there. Everyone doing exactly the same thing(trading fashion ) and questioning why are they not profitable?
    I really admire your soul here(to use what we have, LEVERAGE). I strongly believe that good trader don't require large account to begin with. Just like Livermore, whom begin trading using $5!
    Way to go man. Hope to find yet another http://www.bloomberg.com/news/articl...ade-34-million(japanese trader) at the making.

    P.s: why not use some broker free of commission? (just saying)

  3. #3
    CarlipksD90
    Guest
    Quote Originally Posted by ;
    Exract, do not bother those individuals out there. Everyone doing the same thing(trading style) and still questioning why are they not profitable? I really admire your spirit here(to utilize what we have, LEVERAGE). I strongly believe that good trader do not require big account to begin with. The same as Livermore, whom begin trading with $5! Way to go man. Hope to see yet another http://www.bloomberg.com/news/articl...ade-34-million(japanese trader) in the making. P.s: why don't you utilize...
    Yeah it is rather funny seeing these traders continue preaching to not risk more than 1-2percent on every trade, because that is what they constantly read from the most recent trading book of the month. I guess when you have an extremely large account there's a bit of truth to that, but then I will be ready to risk around 20% but for smaller accounts of a few hundred or a couple of grand it's just a waste of time because all your gonna make is sufficient for a McDonald's meal. Do not know about the rest of you but I ain't got time for this

    Did read about that Japanese trader and he obviously has the ideal idea the markets have been become wealthy and putting big bets at the ideal times is the way to start it. Now I try and follow in his footsteps to create my 1st million.

    Do not think that it matters that much when the broker account has commission or not. Most commission brokers have standard accounts as well however, the spread is broader, for example my broker. I receive rebates from them so that it all evens out in the long run. I think execution is better through commissioned accounts because their generally ECN accounts.

    PS: Had a bad session last night entered NZD/USD about the higher end of it's trading range just to have stopped out as it decided to dip down to the round number 63c before bouncing back up to hit on a new High of the day. Also accidentally entering a silver when I wanted to top up the NZD position didn't help make my trading day any better. Yet quite bullish on NZD/USD hopeing it dips back down to the low 63's so I can search for a re-entry. Given that we have FOMC this week and how it's held up because last week and the gigantic dip it has been on since mid last year a change looks imminent. AUD/USD heading up will help to.

    Topped the account up ready for round 2.

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