noobs way of trading
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Thread: noobs way of trading

  1. #1
    CuchuTkdaSubro
    Guest
    Hi guys, im new here perhaps it says on my username date bt been in existence for nearly 3 yrs now


    why I consider itself a NOOB? Very straightforward, I haven't opened a stay account yet, been forward/back testing few systems bt anyway my question is very straightforward


    and plz this is for experienced traders only

    is gaining 20 pips/day hard to maintain, I mean with this u may move your lot size and number of lots such as

    1 standard lot at 20 pips/day = $200/day = $50k/year
    2 standard lots 20 pips/day = $400/day =$100k/year
    3 standard lots 20 pips/day = $600/day = $150k/year
    5 standard lots 20 pips/day = $1000/day =$250k/year
    10 standard lots 20 pips/day = $2000/day = $500k/year


    so technically speaking yes many will say dat few hicupps will blow out da account bt how abt u looking for a powerful momentum move only, and you'll be able to start wid 1 device if you would like n then slowly increase, bt is really not possible to maintain



    I hope you guys got my question, im not looking for rich trading bt why not its just 20 pips and lets mention on 4H chart, and you move your stop to BE asap



    any thoughts

  2. #2
    Wow, some real gems in these threads/post Hanover posted. Read all. . James16 is pages but w/e. If you want somewhat experience traders to post, you can put a vouch limit on the thread.

    I receive your mathematics and it makes perfect sense bc I asked the same exact question before investing live. . But our outlook for trading is incorrect. Right off the bat, then you're putting a predetermined pip value on possible profit on multiple markets at multiple occasions. Make as many pips as you can. By TheRealThing:
    Quote Originally Posted by ;
    All of the professional traders I know, if they exchange FX or futures markets, do not make a lot daily. That's a term used by marketers, since they understand what novices are looking for, and that's a steady income so they can eliminate their jobs. Money from the market that you can count on doesn't come steady or well so much daily. Real traders earn profits, budget their costs, save profits, add a few profits to their accounts for additional construction of the account, etc.,. The same as any company, which is what actual...
    I understand you're looking for answers to fix the market, don't waste any more time in doing so. Open a small live account, fixed lot size and make positive pips. If you're consistent, begin increasing lot size.

  3. #3
    CuchuTkdaSubro
    Guest
    Quote Originally Posted by ;
    I know you're looking for answers to solve the market, don't waste any more time in doing this. Open a tiny live account, fixed lot size and make positive pips. If you are consistent, start raising lot size.
    Well im attempting to be constant so I tried using only one pair EUR/USD bt this pair has times dat it gets u despise anything abt it... I mean actually makes u mad

    so I transferred to greater TFs and also a basket of 10 pairs so what im wanting to do is back/forward test them I can knw how much drawdowns to anticipate, anyway will start wid 100$ with oanda

    Thank you emeraldeyes

  4. #4
    Great luck! The likelihood of success are extremely significantly against retail Forex traders.

    Post your acct in Trade Explorer on yourforexforum.co.zaprofile to increase the pressure to double your acct

  5. #5
    CuchuTkdaSubro
    Guest
    Btw guys if possible read this thread and 's remarks

    https://www.forexforum.co.za/general...framework.html

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