Thread: Would it be too much trouble to pay me back my $20,000, my sexy darling?

Originally Posted by ;

quote no, the bitch still has all that. Given that I began that account with 10K over ten decades back and that I started this account using 1k two weeks ago, the odds of me getting my 20k back are fairly slim. Don't worry, If it ever happens Ill be making so much noise everyone atforexintuitivewill hear about it

All the best doug.... Keep posting your perspectives....and keep earning.

Originally Posted by ;

quote no, the bitch still has all that. Given that I started that account together with 10K over ten years ago and that I started this account with 1k two months before, the odds of me getting my 20k back are pretty slim. Do not worry, If it happens Ill be making this much sound everybody atforexintuitivewill hear about it

I think you are a excellent analyst, nevertheless trading and analysis isn't the same.
Trading requires determination, good plogy, zero gamblers instincts, no regret.

Your IC Market experience reveal that you have no B program;
- should you've hedged that position, the account wouldn't take a hit.
- should you choose your profits instant you don't lose. (I take profits into 2nd, 3rd accounts should I multiply account funds )
...

Most importantly; you need very good money management abilities / a b-plan if things go bad.
[As an example I hold 4-5 accounts in each broker, segregating rankings -gold, equities, fx- and if a single account demands margin; I do provide that margin.
If it's a clear loss; I take the hit because it is max -% of the entire capital I have to fret about -however it's max DD because I don't wait to get stopped out]

___

it's apparent that you ought to employ a good money management egy.
That I think you can take action, the problem is that you have not worked on MM while you enhanced your techinal/fundamental knowledge.

I've lost $150k due to hillary clintons following tweet, which also put me 2-3 years back. I didn't close the rankings and that I still have not recovered.
(http://money.cnn.com/2015/09/21/inve...price-gouging/)

With little capital as little as $250-$1000 it is possible to flourish with good money management.
(I handled $500$12000, $1000$3200 before.)

Be convinced and also cautious.

For starters, use the attached instrument -indior- in case you can not compute yourself.
https://forexintuitive.com/attachmen...7680479071.mq4

Originally Posted by ;

quote If you choose your profits instant you don't lose. (I take profits into 2nd, 3rd accounts if I multiply account funds )... Most importantly; you need very good money management skills / a b-plan if things go bad. [For instance I hold 4-5 accounts in every single broker, segregating rankings -gold, equities, fx- and if one account needs margin; I do provide this margin. If It's a clear loss; I take the hit because it's maximum -% of the Entire capital I Need to Worry about -however it's maximum DD since I don't wait to get stopped out]

Excellent risk management Methods, I like the multiple account thought and I've incorporated this idea

Great day. 4 trades all winners, no heat. Following 12 years I believe I'm starting to get the hang of this

Hey Doug,

Great thread quite informative, Thank you for maintaining this live and up to date.

That I would have to concur that after this period of time you should consider FOREX as a hobby not a job you can earn money from.
Hobby-Cost money to enjoy the pleasure of doing and enjoying.
Job- Earn money but do/don't like doing this.

Kind Regards,

My micro account struck 100% return this week. Later beginning in june, 100 days and 700 trades. Pepperstone have been fantastic and I've been lucky with positive slippage on 3 occasions. Even though they could have just as easily gone against me I don't have any complaints about this broker. I'm though contemplating altering to IG. Its a tight contest but seems like IG is marginally better on disperse and swap expenses. With a 5 - 10 pip target on most of my trades each tiny little bit helps

I mostly fade breakouts for a few pips. I take into account where price is compared to previous and forthcoming news releases, sentiment and tech degrees. The majority of my trades are restrict entrances at predetermined high likelihood areas where price is over long with no fundamental drivers. I really don't follow the rule book as I risk over that I win per trade and that I add to losing positions unless otherwise indied. I prefer quiet markets especialy consolidations leading to news releases. By way of example I achieved a 2% return in the first 3 days leading up to this ECB meeting this past week. I then sat back and did nothing during the very volatile price action through the actual release. I simply captured another 0.5% return as I compose this post fading a breakout throughout Asia. (see attached)

Anyhow its not trading information its only a fair description of what I did incase anyone is interested. Its high risk trading at 10:1 leverage per position. I'm comfortable at that onto a 1k micro account and manage to keep cool when things go against me. The risk is essential for those returns but it is managed and kept under 5% drawdown up to now. The most notable difference in my trading today is the ability to wait and do nothing until states are okay.

I'm a non profitable trader and I do not expect to ever get back my losses with all the micro accounts I trade today. Please stay safe and do not be a fuck up like me

Originally Posted by ;

I mainly fade breakouts for a few pips taking into consideration where price is in relation to previous and forthcoming news releases, sentiment and tech levels. The majority of my trades are restrict entrances at predetermined high likelihood areas where price is over long and a retrace is likely given the absence of any fundamental drivers.

And yet another winner to give me for two, 10 pips complete and 1% yield free of drawdown. This is precisely how I doubled my account at 1 percent /day

I know that the trend is upward. I know price wants to go higher and wipeout out all those retail accounts that are short but there is not anything to drive a sustained movement higher in yesterdays ECB announcement especially during Asia. USD yields are down but so are Euro. I fade the breakout against the trend even though it is with retail positioning. I don't want to join them in a brief squeeze and Im not stating price won't go higher but this is not the time for that to occur. This is the time I'd like to trade in my terms

Do not make your travels in Forex a romance story. Currencies do not love anybody nor hate anyone. Do not be thankfull to a pair nor angry.

Be thankful you are making money