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eggzactly

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Posts posted by eggzactly

  1. johnstarks,

     

    I agree with you but in my opinion you need to test the worst possible scenario and multiply by 2 or 3 always in order to survive on markets. You don´t know how market will behave in the future, and is most likely that worst scenario will repeat and with more losses in a row. That is a fact, and this is a reason why manual traders will survive and automated trading don´t.

     

    regards,

  2. What do you mean " should" so you say that you are not having fun while trading? just curious :D

     

    Completely relaxed, enjoying every day my work, and off course profitable. Continue my average of 5-10% profit every month (low risk profile), and building wealth for my clients too.

     

    regards,

  3. Dear fisher007,

     

    Was good have that answer to help you and other traders, but unfortunately is not that simple. Trading is one if not the most difficult business in the world. The key is money management, as i stated on this forum a million times. There is no click, or vision that tell´s you - now i´m a profitable trader. My journey was full of hard work, losses, gains, inconsistent results, sometimes scammed by buying trading systems that not work at all, etc..

    What i can advise you is, if you can´t do it search for professional advise.

     

    Best Regards,

  4. Hi Zoom and all forum members,

     

    I understand your frustration, i have faced that already in my early days of trading, back to 1992. The biggest problem is the unrealistic expectations. You have to take into consideration what you can REALISTICALLY expect to make each month or week, given the amount of money you have to trade with. This is assuming you will commit to effective Forex money management, because if you are properly managing your risk on every single trade, there is just no way you can make enough money to live on if you don’t already have a lot of money to trade with. Being a successful trader means you are consistently making money in the markets. If you have a small trading account but are making consistent profits that are in-line with your small account, then you ARE a successful trader. The same habits that make a trader successful on a small account are the SAME habits of successful traders of large accounts. Remember that. Forex trading success is not measured by whether or not you get-rich-quick, it is measured by your consistency, and the only way you can become consistent is if your expectations are in-line with the reality of your current financial situation and the reality of the markets.

    In the trading group i have created, i face everyday with this, and investors don´t understand it. The problem is not the market, in some cases not the broker, is INVESTORS. Why i don´t see any money management systems ? The Institutional and banks spend more time developing money management strategies then trading systems itself, and why ? Because the key is there, not in trading signals. I am more then happy if i can get average 8% per month on trading, with reasonable DD, but for retail investors that is no good, and that´s why they continue to search and search and search and they end giving up. On Trading Group average now is on 20 investors only 4 stayed with the services, the others expectations was higher for what me and my team can produce to them.

     

    So to finish , my advice is you focus on money management strategies and then adapt it to your system.

     

    Wish you success,

  5. I think you should better say, on how much is this return counted. e.g. if the initial investment is 100 bucks or a 10,000 bucks then obviously your roi will be a different number. I suppose one can call a success if you have a 20% monthly return on a 3000 usd initial deposit with a mild leverage of 200:1..then the result at the end of the year will be of about tripling your investment. This is my story and I got it true with zulutrade and autotrading (or also called following signals).

     

    Hi bobyfx,

     

    That´s good you are achieving those results per month. Important is consistency in results, compounding the profits and never forget the money mangement rules you pre defined.

     

    With my systems i can´t achieve those monthly performances with a reasonable Drawdown - i have a low to mid risk profile. Although with high risk is possible make 100% or more per month, but the risk of ruin in those cases are really high, and i don´t like it.

     

    regards,

  6. obviously it would be worth a lot and I doubt anyone makes that much consistently. Only a ****** person would not be satisfied with that kind of return. Thanks to leverage, or even bank loan, 5-10%/month return can be turned into 50-100%/month.

     

    I agree with you, worth a lot. Regarding making that consistently, no matter you trade 1M or 1k, your money management should be respected, so if you produce 5-10% monthly consistently, no matter leverage, or money you invest will modify that, just increase your profit in terms of $, not in terms of %, and that´s rule my friend is the "holy grail".

     

    For instance one of the systems i trade, the most profitable, i know i can´t go more then 0.01 lot per 3.5k for low risk, and 0.02 per 5k on moderate risk, but this will give me average aroud 8% every month, people now think - well not good at all it only gives around 400 usd per 5k invested, well if you trade 1M it could gives you 80K, and that is the same thing, but in terms of $ is a complete different scenario.

     

    As i told endless times, key is money management,is the holy grail of trading.

     

    regards,

  7. after discussions with other traders(members and non members of this excellent forum) and plenty requests i´ve received, i decided put hands on work and created a trading group.I will not make any advertisement here since it´s not allowed, and i don´t like to spam either. to avoid non friendly comments, money i make from markets, as most closed forum friends know already - i will not answer at all to questions related to it on II forum. Here is only discussions for forum.

     

    regards,

  8. Personally i don´t like EA´s. Expectations of 20% month are high, for me achieve average 10% month consistently is hard work, but is possible, and my DD is no higher then 25% since 2008. Regarding the indicators, well my most powerfull indicator is money management, as this is the key to be sucessfull or not.

     

    regards,

  9. Hi All,

     

    Renko charts are good to trade but for itself renko bars can be called "indicator" so need to be carefull with the indicators to use in combination.I read the rules for this system and when i saw AO and MACD the ring alert buzz instantly because i know how they behave with it.to investors that want to test this system and to help avoiding some bad trades ( small pullback in price that neither MACD or AO can determine in the renko charts) just put this inducator on charts and trade only in the direction of trend - if above buy / if below sell, if between the MA area watch. This is no more then EMA 50 from close/high/low but can help determine the trend.

     

    Also pay attention to price action, patterns of renko bars - one powerfull pattern is :

    we x have consecutive down bars, then we have two up, then one down and then one up, more then 80% of time it will give you at least 1 bar profit - opposite applies for sell.

     

    Hope this help.

     

    Regards,

     

     

    Indicator : hxxp://www.2shared.com/file/7waBX_n8/TRO_Tunnel_dragon.html

     

    regards,

  10. Ianfoster you are definitely a new kid on the block but thanks for this good time :-) Pacman system, EURGBP/USDCAD EA, TT System, AUDNZD Channel System, TT Sporting ( My Football Team), ATOMIC EA ( that was then selled by SCAM PEOPLE WHO ARE IN THIS COMMUNITY) and others.... So please give me a break and don´t speak of what you don´t really know, in this case MARKET BEHAVIOUR / MONEY MANAGEMENT and most important consistently making money on markets...

     

    regards,

  11. I think no one is responding to your thread because you sounded like another scam in the making. I know you wanted to say or show something, but be direct and say it out. You are doing tricks to suck attention by saying, "I have something that can make you alot of money, but let me see first if anyone is interested, then I will tell .....". So everyone reading won't fall into the trap of saying "me! me! me! pick me! give it to me free! tell me how to get it! i need help!". They just wait for 3 or 4 responses by others and then see what you got.

     

    There, now you have 4 responses.

     

    Go to the other threads and you see people requesting for this or that, downloading this or that. But still no one makes money. You start a new thread saying you have something to offer. Well, what makes yours different from everything that is being downloaded at II? Sure, you will take my response to drag this trick longer but I so happens to have a little time but no more. You are going to say it anyway, because with only 4 responses, you can further the case that "wow, i have a money making opportunity for 5% to 10% a month, but looks like no one is interested ....." and then use another angle to suck attention. Well have fun.

     

    I am laughing already - Yes you are right, i want to scam people, makes money selling something and i am trying to make that since 2009 April, the time i join this community and i was made moderator of this community and shared a lot of trading systems, custom EA´s, ideas, etc... WHAT YOU HAVE DONE FOR THIS COMMUNITY ?????

     

    regards,

  12. Thanks for your replies, although for 50 views only 3 replies, investors continue thinking that 5 to 10% every month is not good enough,that´s why 95% or more traders lose money in the markets and will continue to lose more and more.

     

    ianfoster : if that was the case markets were closed because no one was losing money and that is not possible at all because the "markets system" doesn´t work that way.

    lerxst : i have some things in mind, already discussing with some members and traders.

     

    regards,

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