[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y ] [Search | Home]
4Archive logo
- Anyone here have a successful and durable...
If images are not shown try to refresh the page. If you like this website, please disable any AdBlock software!

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 300
Thread images: 55
File: trading.png (188 KB, 400x267) Image search: [iqdb] [SauceNao] [Google]
trading.png
188 KB, 400x267
- Anyone here have a successful and durable experience in forex trading ?
- What's techniques did you use ?
- With how much money did you begin ?
- Gives me advice for a beginner like me, please.

I am really sad when i read specialized forums in forex, why?
Because all the trading journal I read ends the same way :
They end up losing all their gains and have their account to 0 dollars, after 6 months or 1 year.

I need testimonials from people who really live forex successfully since several years.
http://forums.babypips.com/newbie-island/70214-truth-about-forex-you-cant-become-rich.html


I think this method is the best to learn forex or index cfd:

Depositing tiny amount less than € 200 and try to make it grow until 1000, once in 1000 reached 900 withdraw.
With the remaining € 100, try to grow them again to € 1,000, remove 900 ... etc.
Do it 10 times successfully
Instead of dropping € 50,000, losing after six months, redeposit € 20,000 and lose again after one week.
>>
>all the trading journal I read ends the same way
And you think you'll be any different?
>>
>>1038133
>tfw it's the bi-weekly forex thread

have a bump breh.
>>
File: image.jpg (154 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
154 KB, 640x1136
I'm all over this jpy shit breh
>>
>>1038133
I've been making so much money but I'm curious about taxes. Do I only claim what I withdraw from my account from my broker?
>>
>>1038133
so thristy

s m h
>>
have another bump f a m

wanna see lots of dank forex profits/strategies/indicators/outlooks
>>
To anybody who actually trades here is 50:1 leverage too high when trading a 10k account? I keep hearing that it is but it seems like I never really risk more than 5% of my account which even then happens very rarely.
>>
>>1038440

depends on what country you live in

in Australia you have to pay income tax on any profit you make
>>
>>1039373
Just do smaller lots amazing at tradeing if you want to start a demo account with 10,000 I'll trade it for 2 months and if you want I'll trade the real 10,000 for you I just want 22% of any profit I make you and I'll make you 10% compound interest a month on average
>>
>>1039864

how many pips earn this month ?
>>
>>1038133

Forex is a zero-sum game before you factor in the spreads and fees you pay. Stocks have high expected returns with way less variance. Dont be a nigger, are you starting forex because you can gear and "potentially" make it big with gearing? You would have more succes in a casino and I am not kidding.
>>
>>1040032
>Forex is a zero-sum game

no it isn't... you're ignoring interests and changes in money supply

you can portray futures as a zero sum game before costs... but think about how an actual FX trade works(not at a bucket shop), you're depositing and receiving actual currency
>>
>>1040025
The month isn't over yet but so far averaging 10-12 pips a day
>>
>>1040032
Your dumb I've never had success in a casino and I've never had success in stocks but forex is a holy grail for me.
>>
>>1038437
fucking idiot
>>
File: image.jpg (1 MB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
1 MB, 3264x2448
>>1040699
Calls me idiot mfw when all 10 of my accounts are profiting from this position for the rest of the week
>>
Indulge me a little here. I'm just learning some of the basics and I don't fully understand this one. Every night I'm watching some of the financial news and one of the things they're watching for just before the markets open in China, they wait for the midpoint of the Yuan to be set by the central bank. Explain that for a simpleton please. I've tried to search around a little but I can't seem to find a definition.
>>
File: image.jpg (19 KB, 256x192) Image search: [iqdb] [SauceNao] [Google]
image.jpg
19 KB, 256x192
The larger the risk the greater the profit ;)
>>
File: 1273336207725.jpg (263 KB, 828x1200) Image search: [iqdb] [SauceNao] [Google]
1273336207725.jpg
263 KB, 828x1200
>>1038133

It's a zero sum game because it is structurally engineered to be that way.

Think of retail forex trading as a product sold to poor little guys by the big institutions.
>>
>>1040949

You're profiting.... until you get wiped out.

And they all get wiped out.

Why do you think the biggest brains in math and finance don't even bother touching this festering pile of shit that is Forex? Do you think hedge fund managers tinker with currency speculation?
>>
File: image.jpg (24 KB, 236x302) Image search: [iqdb] [SauceNao] [Google]
image.jpg
24 KB, 236x302
>>1040699
Still profiting
>>
File: image.jpg (993 KB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
993 KB, 3264x2448
>>1040699
Poor guy I just made more profit
>>
File: image.jpg (42 KB, 523x369) Image search: [iqdb] [SauceNao] [Google]
image.jpg
42 KB, 523x369
>>1040699
Wow even more profit!
>>
File: image.jpg (139 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
139 KB, 640x1136
>>1040699
Wat do with all this profit? Btw I trade for anyone all day hit me up
>>
File: image.jpg (64 KB, 570x622) Image search: [iqdb] [SauceNao] [Google]
image.jpg
64 KB, 570x622
>>1040699
Have you seen the chart? Omg I'll be able to afford oo mox forever with all this profit.
>>
File: image.jpg (45 KB, 342x480) Image search: [iqdb] [SauceNao] [Google]
image.jpg
45 KB, 342x480
Still fucking profiting and you saw it right here on biz on my live accounts! Should I buy a house? A new 2017 Camaro? You sucking dicks still? Don't worry anon you get there! Hell I'll trade for you just give me your money I'll take 22%
>>
File: image.jpg (1 MB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
1 MB, 3264x2448
>>1040699
Lolz whaaaat son
>>
>>1040962

the larger the drop too.
>>
File: image.jpg (73 KB, 496x370) Image search: [iqdb] [SauceNao] [Google]
image.jpg
73 KB, 496x370
>>1041086
Closed out at over 9000 now I'm gearing up for new position
>>
Faggot for real stop posting shit. So what? You did high leverage? One day or other you'll get wipe out and you'll lose everything. Believe me, real trader at Investment Banks make profit through a lot of positive transactions not few transactions with a high profit.
I have 4 friends working at Buldge Bracket Investment Banks as traders and a genius who got one of the best Bloomber Aptitute Test score WORLWIDE and will start working at a Hedge Fund. Believe me, they don't do what your saying.
>>
>>1040992

looks like you missed 90% of the trade lmao
>>
>>1041063

this is a demo account
>>
>>1041096
No I wont I keep a high margin level >>1041164
I trade on many account some are demo others are live I trade demo for potential clients and I trade live for other people I lose but never more than necessary I just play dota2 all day and rake in profit all day 22% on clients 10% compound interest on my account. Wasn't that big of a risk considering my margin level was over 2000% ;)
>>
>>1040992
This is not demo account and I set this position on 10 accounts 8 of them real accounts mmmm profits so good when you can time travel ;)
>>
>>1041096
As you can see from my chart >>1038437
I made a lot of little positive transaction ;)
>>
what do you guys think about buying canadian dollars right now? they are nearing a historic low. I find it difficult to believe that it will never come back, but I don't know if I am overlooking something
>>
>>1041212
Actually just placed a trade on that
>>
File: image.jpg (39 KB, 449x600) Image search: [iqdb] [SauceNao] [Google]
image.jpg
39 KB, 449x600
I've been carry trading all week just screwing around on a demo acct. bought pesos and shorted the dollar to the yen. Profited 275 on a trades that would have cost me 400 to invest. I left alone for what's been around a week now and haven't made or lost much on the trades. I've been on think or swim before before they were bought by tdameritrade.
>>
>>1041212
Their economy is too dependent on oil and oil probably hasn't even touched bottom
>>
File: image.jpg (155 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
155 KB, 640x1136
>>1041096
All over this jpy shit again breh
>>
>>1038133
I told you last week I was going to post my 10%+ gains every month all I do is play dota 2 and forex trade
>>
>>1041658
it was too good to be true.
>>
File: image.jpg (147 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
147 KB, 640x1136
>>1041677
Really enjoying this very profitable day here in Alaska
>>
>microlots
>profitable

booooooooring
>>
>trading currencies
lol you stupid twats

do you have no respect for your money? might as well spend it all on the lottery
>>
>>1041752
Only on accounts under 3000 other accounts I do full lots
>>
howtradingworks[.]com
>>
>>1041793

why you have multiple account ?
>>
>>1042678
Multiple accounts because >>1041196
Duuuuhhhh
>>
>>1040979
>Do you think hedge fund managers tinker with currency speculation?
This shows how stupid you are.
>>
File: 1a.png (51 KB, 1452x492) Image search: [iqdb] [SauceNao] [Google]
1a.png
51 KB, 1452x492
Rate my first day of FX sim.
>>
File: image.jpg (1 MB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
1 MB, 3264x2448
>>1040699
Damn 3 times this week son ;)
>>
>>1040979
I'm a big opponent of retail level traders getting involved in forex speculation and even I think what you're saying is stupid. All types of banks and hedge funds run currency desks.
>>
>>1043106
Does that mean your my opponent?
>>
File: image.jpg (173 KB, 900x1125) Image search: [iqdb] [SauceNao] [Google]
image.jpg
173 KB, 900x1125
>>1043106
How do we fight? If your my opponent? Is it profitable?
>>
File: Profit.png (21 KB, 1402x168) Image search: [iqdb] [SauceNao] [Google]
Profit.png
21 KB, 1402x168
>>1043077
That's preeety good.

Rate my 1.5 years of forex:
This is live, most of the more profitable trades have closed up, just leaving these to run for the week.

AUD CAD until 20th morning (Rate cut on CAD fear)... But i think oil will bounce.

and short AUS200 because everyone is fear.
>>
>>1043127
You don't run with any stop loss?
>>
>>1043127

what's your capital ?
what's your broker ?
>>
>>1043140
You don't have to if your margin % is high enough
>>
>>1043162
now i'm curious.
what's your strategy?
>>
>>1043163
I'm the Alaska guy that plays dota 2 and makes 10% a month compound on all my accounts
My strategy is simple. Play dota 2 in between games take profit ;)
>>
>>1043165
i want to profit like you do.
please share your wisdom with me. how do you do it?
pretty pleaaaaase
>>
>>1043168
Ok how do I do that? U wanna watch me on my camera?
>>
>>1043168
You could open a demo account and I'll trade it I guess you could watch me that way
>>
>>1043175
i'd love to watch you on camera.
>>
How do I get started in durex trading?
>>
>>1043177
>>1043175
Does twitch allow trading?
>>
>>1043190
i think they do.
but he could stream on youtube
>>
Man jpy just made my fucking day all week ;) so glad I was in that position you fuckin fag calling me an idiot I'm a forex beast motherfucker I trap all day what what!!!!!
>>
>>1043199
I'm not going to stream I'm in Alaska dude internet sucks!

I'll post my wins here instead
>>
>>1043388

PS: The trades you make with money you don't have, leveraged with lines of capital no one will give, aren't real and don't count
>>
>>1043397
What? My money's real I have to pay for Internet and heating oil without having a job so I trade forex accounts for myself and for people. Only takes 5 days for forex.com or fxcm to deposit money into my bank account so I can access it to pay bills the rest I just keep tradeing
>>
>>1043519
how has your experience been with forex.com breh?
>>
>>1043369
>I'm a forex beast

you are a forex beast...on 11 demo account.
>>
>>1038133
>I think this method is the best to learn forex or index cfd:
>Depositing tiny amount less than € 200 and try to make it grow until 1000, once in 1000 reached 900 withdraw.
>With the remaining € 100, try to grow them again to € 1,000, remove 900 ... etc.
>Do it 10 times successfully
>Instead of dropping € 50,000, losing after six months, redeposit € 20,000 and lose again after one week.


I think you're a retard
>>
>>1043615
No I already proved in this thread last week they were live accounts by showing a picture of the server your just jelly cuz you can't trade like me. I'm completely emotionally unattached from money because I'm in Alaska and can build a house for next to nothing and be fine living very comfortably makes me a better trader when I don't care about the money it's just something to do I'll just build a better house that's all cuz I'll have more money
>>
>>1043543
Forex.com is great so fAr I use mT4 with them thier spread is much different than fxcm and if I'm tradeing the same pair with both brokers it's cool to see the difference in pips. FXCM is kinda wierd I don't recommend to new clients who I trade for because they have had a bumpy past year with being hacked and the Swiss incident but if someone wants to use fxcm I'll trade them to. They are both good I'd recommend forex.com if you have 3000 dollars or less to trade with and FXCM if you have 10000 or more ;) but strategys are different those are the best brokers i trade with and I've had no problems with them
>>
>>1041746
I use to only base my trade on trading tool but I was often fucked by news I missed.
Where do you find the news for trading ?
like calendar and live announcement, and what are the most important.
Found some website about it but too many useless news.
>>
>>1038133

Do any of you actually study finical math or engineering before you try this? It seems like the majority of articles I read or advice on the subject is written by amateurs who are just speculating on intuition. While that strategy might work if you're lucky, you're competing against people who actually study market behavior and can run monte carlo simulations on every idea they have. Basically trying to win poker without ever picking up a book on the subject or studying the odds of each hand, you might get lucky and you might have some intuition, but skilled players are going to beat you the majority of the time (plus we have computers and algorithms).

-Fresh grad working for citadel (no I can't advise you, forex is not my department)
>>
>>1043140
For some trades I do, for some I don't.

There is a mental stop somewhere above a trendline but I don't want to get taken out on whipsaws.

And let's face it, if a CHF-january style event happens stops aren't going to save you.
>>
>>1043141
I'm with IC markets.

This particular account is capitalised with 5k~.
>>
>>1044427
I'm an Electrical/Robotics Engineer.
I do program EA's but have never had one be successful enough for me to put real money into. Discretionary trading is a lot easier imo.

With EA's I've tried supply and demand bots, candle stick recognisers, SMA crosses and mixtures of all 3.

The next big thing to try with EA's is create something that can identify diagonal trend lines.

So it would basically see any point where price 'reverses', then mark that area and maybe 5 pips up and down from it, then it would try to find lines with particualr gradients that go through those areas, and have a counter for how many times that particular line got 'activated' by having price enter and reverse at it.

Then it would take long or shorts if the price ever approached an area defined by the equation of that line.


But I haven't gotten around to coding that.
>>
>>1044394
right on. here's a few more questions:

>what are your favorite indicators/time periods to trade off of?
>how long have you been trading forex?
>any preferable times of day to trade (make note of your time zone as well please)?
>how long do you tend to be in trades?
>how do you set your stop losses/take profits?
>>
>>1044603
I want an EA that opens a socket to a server I can write in another language to handle all the order placing logic. I started working on one in (using Windows XP + Visual Studio 6 in a VM lol) but ended up having a big life situation change and didn't get to finish it. There's gotta be an easier way to get realtime updates + have a command channel for placing orders on a platform without dumping $10k into Interactive Brokers. I don't want to have 10k with those guys *while* I'm developing/testing strategies.

>>1044394
Any opinion on Oanda? They let you trade with as little as $1. I have an account with them (and FXCM) but I've never used it.
>>
>Used to work at a small CPA firm and did a lot of 1040s
>No forex or stock trader clients ever made money
>Some of them would actually come in talking about their trading strategies and trying to give us trading tips when they'd been losing money on this dumb shit for years

Thank god I work at a big firm now and don't have to deal with these kind of idiots.
>>
>>1044686
Still, I guess it's better than trading a bunch of master limited partnerships. We had to bill some idiot over $10,000 for a return that ran about $600 in prior years.
>>
>>1044686
Daytrading is about identity, not making money. People will literally pay the monthly subscription for Bloomberg terminal so they can leave it on while they invite friends/women over and look like a wolf of wall street.
>>
>>1044686
Best day trading story, some idiot who'd sold his successful small business and retired blew over half a million dollars in a year from day trading.
>>
>>1044692
Discussing one of these guys at a staff meeting:

Partner: He likes to pretend he's a businessman
Staff accountant sounding very excited: I saw him when he came in, he was wearing a suit!
>>
>>1044625
I trade all day and all night I just take naps but I mostly play dota2 and make dub step house electro songs gor a all girl dj group I just keep my phone with me and place trades on that. I don't set a stop loss usually I manually stop my loss of I think there's more money to be made reversing position. I look at the D1 or W1 chart determine long term trend. If it's bearish I'll zoom into H4 chart and only set sell orders with over 2000% margin level and set take profit anywhere from 10-100 pips and wait check on it every 3 hours usually hasnt burned me to bad yet been tradeing for 3+ years started on team fortress 2 and dota2 moved to bitcoin then someone on btc-e refered me to forex tradeing in 2013. Life's been good since I found forex holy grail!
>>
File: image.jpg (18 KB, 324x156) Image search: [iqdb] [SauceNao] [Google]
image.jpg
18 KB, 324x156
>>1044697
You can pay for? Bloomberg terminal? What's the advantage?
>>
>>1044686
Now that you work at a big firm do you meet successful traders more often?
>>
>>1044735
I haven't seen any independent day traders here. I spend about half my time working for our PCS (Private Client Services) team. We mostly do tax work for i-bankers, hedge fund guys, executives, and people with lots of inherited money. None of them day-trade within their personal accounts. The craziest these guys seem to get with their money is doing venture capital type stuff, but even that's fairly restrained, and it's usually the retired ones doing it.
>>
>>1041096
Your an idiot! You can't lose everything if you STOP YOUR LOSS and get into a better position! There's a thing called a margin call and that keeps your account from being wiped out as well duuuuuuuuhhhh! Have you never traded forex before?
>>
>>1041113
Not if your margin level tradeing! You know it's going down try to guess the top then sell. You know it's going down more soon anyway so keep your margin level high just in case it gets a. Little volatile and goes the wrong position. Just sit on your hand don't get all emotional about it be confident about your position that's why you took it in the first place right? Usually it's just market makers shaking out week hands before they go to the next level but I play video games so my hands sent week. Thier just busy
>>
>>1044730
>Life's been good since I found forex holy grail

Life's been good since your rich grandfather give you 500 000 dollars
>>
>>1044918
Lol! It's easy to make money with money but I trade accounts that are 10,000 dollars to ;)
>>
>>1044922

how old are you ?
>>
>>1044924
20 ish
>>
>>1044767
well from a UK perspective successful independent traders won't just pop into the local accountants for advice, nor will they tend to use random big firms... there are a few accountants who the main clearing firms/arcades will put people into contact with who already deal with professional traders. Your typical tax advisor at a big 4 firm or someone working at a random regional firm won't likely come into contact with any 'locals'. We don't really have stock day trading firms over here (thanks to stamp duty) but there are people still making a living trading futures intraday.
>>
>>1045074
the retail amatures on the other hand tend to use spread betting firms, gambling winnings are tax free in the UK so the 0.1% who actually make any money don't have anything to declare anyway
>>
>>1045077
you will have to declare your spread winning income if it is the main source of your income.
>>
>>1045176
*spread betting income
not spread winning income
>>
bump for great justice
>>
>>1044426
I don't really rely on news I just google the pair and read the newest news on that pair if I want some insight.
>>
>>1045176
no you don't...

I'm willing to be proved wrong on this if you can link to a single example or court case where anyone in the UK has paid tax on spreadbetting profits
>>
>>1046296
no court case because most ppl are smart enough to avoid paying taxes.
you do avoid it by having any other income or have non-consistent profits.
but simply stating that the money comes from spread betting is not enough.
>>
>>1046314
bit of a moot point really

you're claiming that you may be liable to pay income tax on spreadbetting winnings yet no one ever has had to do that and there are people out there (a minority granted) who have this as their sole source of income

frankly it is nonsense at the moment - there is no tax to pay and there is no case you can cite to back up the idea that there would be
>>
>>1046488
I'll give you an example - Kyte Group, Now part of R J O'Brien offered 'spread betting' for its traders in London... these are 'locals' - self employed futures traders - their sole income is from trading (or spread betting)... they interact directly with the exchanges just as they would normally but the back office clears the trade as a spread bet instead of a futures trade... it is tax free. They've had a Barrister look at this set up and they've had a letter from HMRC confirming it is fine with the arrangement.

so there exist people making their sole income from spread betting in the UK, they don't pay tax... HMRC is aware of this and was informed before it happened. The policy hasn't changed yet... it might do in future but for the moment spread betting is tax free and anyone who tells you otherwise is talking shit... unless they can cite a new decision from HMRC or a relevant court case.
>>
>>1046501
cool then.
got a question: what if my broker offers both, spreadbetting and sport forex/CFD.
let's say i make my money with CFD, i.e. not spreadbetting.
will HMRC be able to find that out if i claim that these winnings come from spreadbetting?
>>
>>1046521
I'm not sure... you may well get away with it... you'll also be in for some fines if they take a closer look at you at a later date

are there any major differences between the CFD and spread betting products they offer? - for example IG offers direct market access CFDs but will only give you a two way quote for spread bets. If no real difference then you might as well just use spreadbetting.

If you're not making a living from it then also consider that CFD profits are going to come under CGT rather than income tax and you have a tax free allowance to use up first.
>>
>>1046540
the spread is larger with spreadbetting.
>>
>>1046546
well I wouldn't plan on evading tax

which product you chose will depend on your trading strategy... the more frequently you trade the more the tighter spread will be advantageous

shouldn't be hard to compare for yourself... work it out, for your previous trades, what your pnl would have been if you'd been spreadbetting or using CFDs figure out what the equivalent annual pnl would have been and compare...

it might well be worth your while using CFDs and paying tax
>>
>>1046599
CGT tax free limit is circa £11k btw...
>>
>>1046601
cheers.
how do i get a seat like the RJObrien futures traders?
are you one of them?
>>
>>1046617
nope, I did work out of their office previously

not sure if they train traders anymore, especially now Kyte Group has been sold to R J O'Brien... their main business is brokerage/clearing

if you're self funding though then just give them a call, you could also try marex spectron

if you need funding/want a grad scheme then there aren't so many opportunities now - screen based futures trading is much much harder, the easier ways to make money have been automated. You could try Hamilton Court - it is owned by David Kyte (founder of Kyte Group). There is also Met Traders and maybe Futex. Aside from that if you want to trade then try options marketmaking firms like Optiver, Liquid Capital, Mako, IMC...

there are other firms out there but anyone claiming to be a prop firm that wants you to hand over money for training is generally a scam... If you want to self fund and rent a desk then go speak to Marex, R J O'Brien, XConnect...
>>
bumped for great justice
>>
>>1046696
great answers from you.
what is the benefit from renting a desk?
besides not being lonely at home all day
>>
>>1047342
well there are a few things - main one is you'll be directly connected to your broker/clearer's servers... leased lines to the various exchanges rather than relying on an internet connection

of course this perhaps matters less if you're using an automated or semi automated approach and are using a colocated server at the exchange

it doesn't matter so much for me these days but going back a few years when I was both scalping outright and manually legging into spreads I wouldn't want to have been doing that via my home internet connection

also useful when problems happen - such as if you do have an issue with the software vendor you're using, and you've got a position on, then being in an office means it is only a brief dash across to the trade support guys in order to flatten your position

if you were to be funded by some firm then you're not likely to have much choice about it... you're going to be travelling to their office before the relevant market opens, trading on a sim initially, having daily meetings at the end of the day to check on your progress etc..etc.. once you've gone live and have been trading for a while, if you decide to go down the self funded route then you might also start looking bringing a developer on board, you might automate stuff etc..

then again there is no reason why you can't start off taking that sort of approach if you can code

I've gotta emphasis again that this is all pretty competitive - your chances of success these days starting out trading futures manually are incredibly slim... it is highly unlikely that you're going to be profitable... for every Navinder Sarao there are probably hundreds of people who will never progress past trading on the sim or who'll fail after being allowed to trade live with 1 lot...
>>
>>1038133
"trading.png (188 KB, 400x267)
188 KB
Anonymous (ID: sAjjV4SP) 01/11/16(Mon)21:48:58 No.1038133▶>>1038408 >>1038440 >>1038587 >>1040032 >>1040968 >>1041658 >>1043703 >>1044427
- Anyone here have a successful and durable experience in forex trading ?
- What's techniques did you use ?
- With how much money did you begin ?
- Gives me advice for a beginner like me, please.

I am really sad when i read specialized forums in forex, why?
Because all the trading journal I read ends the same way :
They end up losing all their gains and have their account to 0 dollars, after 6 months or 1 year.

I need testimonials from people who really live forex successfully since several years.
http://forums.babypips.com/newbie-island/70214-truth-about-forex-you-cant-become-rich.html


I think this method is the best to learn forex or index cfd:

Depositing tiny amount less than € 200 and try to make it grow until 1000, once in 1000 reached 900 withdraw.
With the remaining € 100, try to grow them again to € 1,000, remove 900 ... etc.
Do it 10 times successfully
Instead of dropping € 50,000, losing after six months, redeposit € 20,000 and lose again after one week."
>assuming you can quintiple your 200 euros and then proceed to tenfold your 100 euros ten times in a row successfully
>not realizing that it's much easier to go broke when your account size is that small
>not realizing that your shitty money management plan isn't actually a strategy or method to trading forex and is completely retarded in the first place so it's useless
>2016
>going full retard this fucking hard
>kill yourself senpai
>>
>>1047480

>drooling retard who can't into 4chan or greentexting giving forex advice

OPs method is a fine way to learn trading. It's not a long term MM strategy but it's not meant to be. The point is to prove you have a repeatable, exploitable edge while rapidly building up a capital base.
>>
Isn't algorithm or automatic trading an absolute must nowadays?
>>
>>1038133
best way to make money off forex is to have Jew buddies that work in central banks, otherwise you're wasting your time
>>
Fuck, just trade binary options
>>
File: 16042.jpg (202 KB, 951x1268) Image search: [iqdb] [SauceNao] [Google]
16042.jpg
202 KB, 951x1268
>>
File: 1448359007202.jpg (96 KB, 500x500) Image search: [iqdb] [SauceNao] [Google]
1448359007202.jpg
96 KB, 500x500
>>1048338
>OPs method is a fine way to learn trading
>implying that ops pants on head retarded mm strategy will actually teach him how to trade
>implying that op wont blow up his 200 euro account after a day
>stating that ops mm strategy will rapidly build up a capital base
>implying that op isnt a stupid faggot that keeps begging for a nonexistent holy grail every other day
>JUST
>baka desu senpai
kill yourself desu senpai
>>
>>1048889
très bien
>>
>>1048889
lmao. muh monitors, clock, roller-ball mouse, land-line phone.

Can't wait for you to lose 90% of your investment in the coming years like the dumb ass you are trading in an unregulated market that's driven by quants.
>>
File: 18259.jpg (58 KB, 931x1314) Image search: [iqdb] [SauceNao] [Google]
18259.jpg
58 KB, 931x1314
>>
>>1048473
not necessarily - it depends what you're doing

some of the more obvious methods to make money in futures markets have certainly been automated though
>>
>>1038133
My experience is never risk more than 1% per trade. This allows you to survive losing streaks (which will happen) with minimal drawdown. Take only quality setups with a risk/reward of no more than 2:1 and manage them effectively because that's where the real money is. If you're taking more than 10 trades a month you're over trading. I'm still learning but on my demo account my returns are small but steady usually around 3-5 percent a month. I know traders who are very good who make well over 100% yearly returns.
>>
>>1041790
Hur dur dur I have no idea what risk management and trade management are.
>>
>>1049307

seems very arbitrary, there are lots of ways to trade - stating that more than 10 trades a month is 'overtrading' or that people should have a particular level of risk is just nonsense
>>
File: image.jpg (145 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
145 KB, 640x1136
>>1049307
>>1049308
I'm all over this jpy shit again breh 10% compound interest a month yo I'm gunna be rich! Thanks dota2 for letting me do something while I wait to exit profitable positions
>>
>>1050290

you can screenshot the history part of your account please ?

you make swing tradind, scalping or day trading ?
>>
File: image.jpg (138 KB, 640x960) Image search: [iqdb] [SauceNao] [Google]
image.jpg
138 KB, 640x960
>>1040699
remeber the guy who called me an idiot last week? im still all over this jpy shit all week this week on all my accounts just rakeing in thousands
>>
>>1050486
i told you all 3 weeks i wont show you balances because i trade for other people. so ill just post my trades and lot size you can tell thet are real because i screenshot them when i post them so you can match the times
>>
File: image.jpg (123 KB, 800x637) Image search: [iqdb] [SauceNao] [Google]
image.jpg
123 KB, 800x637
>>1050486
I make money tradeing :)
>>
>>1050511

yes, on your 13 demo account !
>>
File: image.jpg (158 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
158 KB, 640x1136
>>1050518
Nope real accounts ;) this is how it's done son
>>
>>1050518
Now I play dota 2 and profit ! I think Ima go to Maui on the 20th feel free to join me for spring break I'll be on my grandpas sailboat
>>
>>1050518
I already proved last week they were live accounts
>>
>>1050533
One lucky trade doesnt mean that you know what you're doing faggot.
>>
>>1038133

Whats with /biz/ being so hostel towards trading?
>>
File: image.jpg (75 KB, 692x530) Image search: [iqdb] [SauceNao] [Google]
image.jpg
75 KB, 692x530
>>1050534
I've been tradeing for years I always make at least 5% to 10% a month easy I told you I'd post all my winging trades so far this is like the 6th one in two weeks already made 26% so fuck you I'm boss as fuck
>>
File: image.jpg (169 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
169 KB, 640x1136
>>1050534
One lucky trade? Idk bout that!!>>1050523
>>1050490
>>1043091
>>1040992
>>1038437
>>1040949
>>1040992
>>
>>1050490
>>1050523
>>1050553

Teach me your secrets. How did you get started?
>>
>>1050556

that guy isn't going to help you, seems like he just likes to shit post.

heres a great method of trading.

https://youtu.be/0epdZImMZ_g
>>
>>1048993
Is this /g/ now or /fa/ or what?
>>
File: image.jpg (135 KB, 640x960) Image search: [iqdb] [SauceNao] [Google]
image.jpg
135 KB, 640x960
>>1050556 i started papertradeing years ago then started tradeing for real since 2013 i am pretty consistent with getting 10% a month compund interest i just set simple trades that i know will win and i keep a very high margin level % thats the most important part ;). btw im still all over this jpy shit been waiting for this all years ;P
>>
>>1050577
i see you've got RSI set. is that the only indicator you use? if not, what others do you use?

also, you said you use forex.com. how long are transfers to and from your account with them usually?
>>
>>1050556
I'm not a good teacher but I'll trade for you :) I'll take 22% of any profit I make your account every month
>>
>>1050588
I use forex.com and fxcm they both say that it takes 3-5 buisness days but forex.com has been faster on some days. I have no one single indicator I find them all useful.
>>
>>1050596
do you have any preferred pairs you like to trade? i noticed you're posting lots of USD/JPY screenshots so i imagine that's one of them.

also, is there a time of day you find best for trading?
>>
>>1050598
I trade all day I take 2 or 3 three hour naps a day I keep computer monitors up streaming pairs I've been watching usd/jpy for a year now it looks like a head and shoulders reversal is forming so we should be entering a bear market for the year so I'm all over it this year ;) playing dota2 is a huge part of my strategy because it helps me focus on something else while I trade so I'm not starring at a chart getting all emotional if that makes sense? I'll probably sell usd jpy for a few months and trade other pairs and opportunities while I'm at it. Guy who called me an idiot for selling jpy is a moron cuz I took almost 70,000 in profit these 3 weeks I hope to be a multi millionaire by end on 2020
>>
File: Trade 21_1_15.png (59 KB, 1364x768) Image search: [iqdb] [SauceNao] [Google]
Trade 21_1_15.png
59 KB, 1364x768
>>1050598

Please do not listen to this guy >>1050607

>all I do is play DOTA
>I can't teach you give me your money I'll do it for you
>Everyone else is stupid except myself.
If you want to learn to trade, a good method is Supply & Demand zone trading you can look it up its all over the web.
>>
File: image.jpg (134 KB, 640x960) Image search: [iqdb] [SauceNao] [Google]
image.jpg
134 KB, 640x960
>>1050614
lol im not saying anyones dumb but forex doesnt seem that hard! its illegal fir you to give me money! you woukd have to list me as your trader. duh
>>
File: image.jpg (143 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
143 KB, 640x1136
>>1050614
I'm obviously a decent trader! 10% a month is pretty fucking good ;)
>>
File: image.jpg (156 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
156 KB, 640x1136
>>1050614
Anyone can do this it just takes practice and dedication
>>
File: image.jpg (855 KB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
855 KB, 3264x2448
>>1050614
Another 30 grand
>>
>>1050712
im not gunna sell you shit i dont need to im not one of those guys im just a guy who has durable experience tradeing forex and does it and makes goid money living off it isnt that what the thread asks for? honestly i couldnt sell you a system cuz i dont really have one :/ i just play dota2 and im good at guessing trends and i keep an eye on it and know when to take a loss from experience:) i guess im the really small rare % of traders out there. honestly i put no real work into it. and thats the truth
>>
>>1050712
ive never been on reddit b4. whats it like?
>>
>>1050726
>>1050721
>yeah bro i just play dota and make 10% a month without trying
Bitch please
>>
File: image.jpg (1 MB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
1 MB, 3264x2448
>>1050729
Pretty much bro here's my life
>>
>>1050729
I honestly do I can't explain it I just look at the chart while I play dota and sometimes I'll buy or sell or whatever a chart it's fun as fuck forex is just like a video game to me I don't even think of it as money most of the time it's just a game :)
>>
>>1050729
I make 10% a month usually but some months I make 40% or even 80% usually at night
>>
>>1050805
You dont make 40% or 80% a night m8 stop bullshitting
>>
>>1049648
True everyone has their own trading style. I've found though that conservative risk management coupled with quality not quantity mindset works wonders in such a volatile market. You'll never make any money if you don't preserve your capital.
>>
>>1050805

how many person give to you her money for trading ?

if one of us want to give money to you for trading, how to contact you ?
>>
>>1050923
Dont be an idiot man after you contact him and give him your money youll never see it again i guarantee it
>>
>>1050818
A MONTH not a night you moron read my post
>>
>>1050923
Well you have to know my real name. YOU DO NOT give me your money! That's not how it works. You would have to open an account with forex.com and on the application they ask if anyone else will trade for you. You select yes and list me as your trader. Forex.com will automatically take the 22% from the profit I make you ( if I make you 1000 usd that means I get 220 usd) and they deposit that into my tradeing account. It's YOUR money I can't withdraw or deposit it it's not in my name I'm just the trader. All I'm legally able to do is trade the account. I do this for family members and some of there friends who work up north in Alaska and make like 15,000 a month
>>
>>1050818
>>1051690
These guys obviously don't know how it works.
>>
File: 1448581309158.jpg (33 KB, 331x412) Image search: [iqdb] [SauceNao] [Google]
1448581309158.jpg
33 KB, 331x412
>>1051786

>A month

>>1050805

>>I make 10% a month usually but some months I make 40% or even 80% usually at night

So what is it?

you usually make 10%, but some months you make 40% or even 80% usually.....at night?

so during the night is when you make 40-80% greater profits for the month, compared to the usual 10%? Then why the hell aren't you only trading at night?


how badly you're defending yourself makes you sound like a Indian shill.
Would suggest everyone to filter this ID.
>>
>>1051803
>guys im not a scammer these people calling me out on my outrageous claims that im making with no proof are morons!
If you could make even 10% a month then you would be one of the greatest traders of all time that means that you mote than triple your money in a year. Also you say that play dota while you occasionally trade and from the sound of your posts it seems like you dont take trading very seriously. Do you seriously expect us to believe that without even trying you are able to vastly outform PHDs and geniuses that have access to billions of dollars and supercomputers that spend over 12 hours a day working on how to beat the market. Also you said that you make 10% a month except when you make 40-80% so which one is it?
>>
>>1051786
I was half asleep typing on my phone at 5am yeah i made a spelling mistake, so crucify me faggot.
>>
>>1051877
I make over 100% some months...

though what I do isn't really scalable ergo compounding doesn't apply
>>
>>1051835
pretty much this . IF this guy is real

BUCKLE UP BILL GATES
>>
File: 8644679.png (387 KB, 598x369) Image search: [iqdb] [SauceNao] [Google]
8644679.png
387 KB, 598x369
>>1051883
Oh so now you make over 100% some months?
>compounding doesn't apply
You said that you're managing money for family and friends which means having to manage more money isn't a problem so clearly you can scale it up. Even if you can't though and you only make 10% a month then that means that you're making 120% a year which is several times more than some of the greatest traders have averaged per year. Do you really think that we'll believe that some guy who doesn't really put that much effort into trading can beat the rate of return of the greatest traders who have ever lived by several times?
>>
>>1052050

This thread is trash. I'm not supporting the 100% returns anon, but your post triggered my autism.

If you look at trading championships, people routinely break the returns of the greatest traders. This isn't because of trading strategies or MM, its because they aren't limited by liquidity considerations, since their account sizes aren't that large.

If you're Paul Tudor Jones, hitting 20% year over year is a huge feat because you're playing with millions and every trade moves prices significantly.

As a scalper, you have a much easier job, because simply placing a trade won't move price against you.

The fact is, the larger your account size, the fewer trading opportunities you can exploit.
>>
File: 1386758400062.jpg (32 KB, 500x375) Image search: [iqdb] [SauceNao] [Google]
1386758400062.jpg
32 KB, 500x375
In Forex there are 2 ways to make money:

1.) Get into the 'circle' by way of actually getting a job at one of the banks which contributes to market moves. This means having a solid education/connections, and a work ethic that most cannot imagine.

2.) Make a shit ton of money somewhere else, and then trade your own capital in the market.

ANYTHING ELSE is a fucking SCAM...and you're better off working in some other field. Taking even $100,000 and expecting to do anything worthwhile with it in FX is a fucking joke.
>>
>>1052050
Yes that's right but I make muchuch more than 120% a year it's easy cuz all my accounts are under 100000
>>
>>1052107
risking 100% of your account and being lucky on a penny stock isn't the same as being able to consistently achieve a certain rate of return
>>
File: 1445936646208.jpg (277 KB, 845x763) Image search: [iqdb] [SauceNao] [Google]
1445936646208.jpg
277 KB, 845x763
>>1052150
>claiming it's easy to make over 120% a year
>>
File: image.jpg (153 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
153 KB, 640x1136
>>1052216
It is easy just don't do anything don't have weak hands. Keep a high margin level. It's easy if you trade with under 2 million dollars so you don't effect markets duhhhh
>>
File: image.jpg (150 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
150 KB, 640x1136
>>1052213
It's not a penny stock its forex and I risk very little because I trade with over 1000% margin so pic related I just made another 8% that's over 40% in 3 weeks I'm not trying to boast its just reality mofucker

-alaskafag
>>
>>1052321
1000% margin so you trade with 11:1 margin? That's not very high. Or do you mean that you trade with 1000:1 margin, in that case you'd blow up your account very quickly
>>
I know that Alaskan guy, he speaks the truth.
>>
File: image.jpg (175 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
175 KB, 640x1136
>>1052331
Nah I trade 50:1 I just adjust my lot size so I can handle the volitile market. When it starts to go the way of profit I add smaller lot trades to enhance my profit:)
>>
File: image.jpg (174 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
174 KB, 640x1136
I've been posting consistent wins in these threads and I will continue to do so to prove that forex is real! It's not a scam it just takes dedication and not much hard work but you have to practice a lot before you get a feel for the zen of a market. I like eur/aud eur/usd eur/jpy and usd/jpy is a market I watched for two years before tradeing it! I was waiting for the reversal signal now I'm convinced it's going to be a bearish year ;)
>>
File: image.jpg (158 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
158 KB, 640x1136
NoW I take profit reverse position short term and take more profit ;)
>>
File: image.jpg (139 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
139 KB, 640x1136
After taking some much deserved profit I fire up a game of dota 2 and reverse position for the way down ;) yaaaaay
>>
>>1052394
which broker/app?
>>
File: image.jpg (149 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
149 KB, 640x1136
Mid game I take profit and readjust my margin level with a newer less risky position
>>
>>1052403
Metrader 4 on my phone I use fxcm and forex.com
>>
File: image.jpg (144 KB, 640x1136) Image search: [iqdb] [SauceNao] [Google]
image.jpg
144 KB, 640x1136
After dota2 I take profit and go into my next winning trade !
>>
>>1051796
>Well you have to know my real name

how i do for that ?
>>
>>1051796
>if anyone else will trade for you.

Can i trade a percentage of my account on the same time or the total money of my account is for you only ?

what's the minimum deposit ?
>>
>>1050798

the great " FL studio_dota2_ trader_shutters closed"

do you have a soundcloud for listen your music ?
>>
>>1052707
Idk I guess try to dox me ;)
>>1052723
If you want to trade your own account do it. It's not smart to have you tradeing on an account that I'm tradeing on at the same time because you might screw up the margin % wich is important
>>1052746
No spun loud or YouTube or nothing I play drums in deathmetAl bands I use fl studio took my drums I also produce tracks for some girl djs but I'm not going to tell you who they are. I used to work for ugk records in Houston but that was a dead end road I make more money playing dota2 and forex tradeing than I ever did working in a studio.
>>
>>1052723
As far as minimum deposit. If say 3000 or 10000 anything lower and your going to lose your money! Forex is very volitile and when you trade on margin it's important not to burn that up if you want to not have a weak hand and survive the market shifts!
>>
>>1052797

I take it you don't trade with a stop loss then?
Do you martingale?
>>
>>1052793
>Idk I guess try to dox me ;)

If you do not want to give your name, how I'm going to give you my money on forex.com ?

I want to give you 500 euros for start, to verify that you are not a scam artist.
>>
File: 1453302910581.jpg (297 KB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
1453302910581.jpg
297 KB, 3264x2448
>>
>>1052394

why you have no sim on your phone ?
>>
>>1052797
What do you think of trading with large amounts of money, like between $250k and $500k?
>>
>>1053340

you're rich ? what's your job and income ?
>>
>>1053349
Inheritance money, I'm a student. I'd like to get into forex. I'm not stupid enough to risk serious money in trading, I'll paper trade then work my way up from the minimum amount through to larger amounts once I have competence.
>>
>>1053356
>I'm not stupid enough to risk serious money

yes, this is very important, learn on demo account and paper trading, and begin on real account with very little deposit (200 dollars for example)
>>
>>1052050
>You said that you're managing money for family and friends which means having to manage more money isn't a problem so clearly you can scale it up.

no I didn't, WTF are you talking about? I'm self funded - I think you've got me confused with another poster.

>Even if you can't though and you only make 10% a month then that means that you're making 120% a year which is several times more than some of the greatest traders have averaged per year.

10% a month would barely cover my desk fee - technically I make several hundred % a year, some years in the past over 1000% these days not so much... % returns are rather meaningless though in this context, I've got access to much more leverage than the typical retail punter

>Do you really think that we'll believe that some guy who doesn't really put that much effort into trading can beat the rate of return of the greatest traders who have ever lived by several times?

I don't care what you believe, you're just illustrating that you're unaware of how some locals trade. who said I don't put any effort into trading - it isn't easy by any measure.

You seem to be confused by the rather large % returns - what you're missing is that strategies that return high % returns are generally not scalable... most self employed locals will not require particularly large accounts and essentially operate on a first loss basis with their clearing firms... ergo it is quite typical to have a 5 figure balance deposited with a clearer and quite standard to make a mid-six figure income each year.. or occasional seven figures a few years ago

you'll also find that the returns some proprietary high frequency firms and options marketmaking firms make are very large for some strategies... strategies that lend themselves to high returns like that tend not to be scalable and are feasible with say a few million in proprietary capital... ergo you'll not usually find funds offering those sorts of returns.
>>
>>1053755
>>1052050

you seem to have me confused with this retail FX guy posting all the screenshots

I'm this guy:
>>1047464
>>
>>1050561
>>1050614
gonna give that supply and demand zone trading stuff a look breh.

also, time to bump for more dank indicators/screens/insights
>>
>>1053356
>practice on a demo account for a few months
>decide what kind of trader you wanna be (short term to long term for example)
>develop a system and stick to it
>do not get greedy
>you're already loaded, but even if you weren't, "get rich slow" is a safe bet with forex
>learn about technical analysis as it really shines in the short term
>babypips.com is your new best friend while you learn
>do not get greedy
>ask questions as much as possible
>finally, and i can't stress this enough, DO NOT GET GREEDY
>>
>>1052949
Don't give me any money just open an account first
>>
>>1053340
I think tradeing with that much if you have that much is safer! Your margin level can go into the tens of thousands
>>
>>1054292

i read bad customer review on forex.com, what's your opinion about this broker ?
>>
File: Sans titre 2.jpg (77 KB, 882x845) Image search: [iqdb] [SauceNao] [Google]
Sans titre 2.jpg
77 KB, 882x845
>>1054292

What's your name ?
>>
>>1054440

Why don't you create the account first deposit the money then we can call forex.com and see about making a metrader 4 account for me to trade your money on first before I just tell you who I am
>>
>>1054363
I think fxcm and forex.com are good brokers. Bad reviews are probably from traders who lack experience
>>
>>1054652

Currently, you manage how many account of other person on forex.com ?

There is no contract between you and them ?
>>
>>1054746
No just 22% if I make any profit is what I do for everyone. About 3 accounts on forex.com had more some people just take money and run after I make them 100%
>>
>>1054746
Forex.com does everything on automatic. You agree to 22% of all profit and I agree and they set it up to send it to my forex.com account and they giver access to mt4 but I can't withdraw or deposit on your account because it's not my money it's your money im just the trader
>>
>>1054756

All client accounts that you manage are linked or separated ?

example: 3 people decide to confide you 1000 euros each.

Person n°1 have 1000 euros on his account forex.com
Person n°2 have 1000 euros on his account forex.com
person n°3 have 1000 euros on his account forex.com

On your account forex.com, you receive 3000 on your single account ?
>>
>Fuck up trade entry into CADJPY trade I'd be planning all weekend on Sunday
>Pussy out when I'm well over 1000 pips in the hole lose well over 1000 dollars which cuts into my trading capital.
>price reverses I would have profited a good sum if I had waited 12 hours
>Work my ass off all week just to earn the money back
>doing forex literally all day and night barely sleeping because I need to make sure my trades are sound and minimize risk. Don't want any surprise when I wake up.
>just to get my money back and a little bit for weed and a couple of meals out.

What a pointless week I could've made out like a bandit but instead I had to focus on getting my account back to size even though I was right and knew the trade would go in my favor eventually. I can't wait for 4 so I can completely forget about it for awhile. Still nice to know I can a grand trading half the lot size I would of. Still so much easier to set up a trade and just go back to it.
>>
>>1054837
Also anybody here trade USDRUB? Man I wish I could go back a few weeks, I wouldn't have to work all year!

Last night I decided to fuck around with USDRUB and was able to make out with 40 bucks before getting out. It can move thousands of pips in a few minutes. Man so much potential profit but a small change the other direction could easily trigger a margin call.
>>
>>1054652
>>1054746
>Trusting internet strangers and wanting to give them your money to "invest" aka steal.
>being this retarded
Remember: The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact. That applies to this board too especially people claiming absurd returns.
>>
>>1044730
>moved to bitcoin then someone on btc-e


you won a lot of money on bitcoin trading ?
>>
>>1054762
No I trade them all separate because I set a different position depending on the margin % if someone has only 3000 in thier account I would make a trade at a different lot size in a different position because it's effected differently. There are losses but I try to keep them to minimum and usually still ends up 10% a month or more.

>>1054837
I used to do this a long time ago. Best thing to do in a situation is set smaller lots and trade on a higher margin level. If your losing a lot of money. Look at your margin% if it's still over 509% close your computer and come back tomorrow. You can either
1. Take a smaller loss and look for a profitable position
2. Set an small order so as it goes the way you want a little bit you buy back some money to take a even smaller loss.
You will lose sometimes just don't quit and don't have week hands ;)
>>
>>1054890
At first I did in namecoin and feather pin. I took some out and bought a Camaro.the rest a lost in alt coins after the mr.gox crash but I still but cryptos. Maybe 2-4% of whatever I make in forex goes into Bitcoin. Then into Altcoins. It's a bit and hold game really I dont tide the waves and I don't invest much just 5-10 bucks a day usually and some more on dips.
>>
>>1054440
>>1054649

you're going to trust a complete stranger with some cash????

also this random, supposedly ace trader, actually even gives a shit about getting $500 off someone to trader

fuck me if that isn't setting alarm bells off

professionals don't use forex.com or fxcm... these are firms aimed at mug punters

most of the liquidity in the FX market (depending on the CCY pair) is traded via Reuters or EBS

your supposed pro trader is an amateur who has no clue what he's doing
>>
>>1054917
Looks like op will learn not to believe everything he reads on the internet the hard way.
>>
>>1054917
Nobody can give me cash toreador forex. That's illegal. Now if someone opens an account and lists me as a trader we are both protected. I won't trade 500 I'll lose it. 500 dollars doesn't really give you the margin level you need to trade support resistance osc . I know how to turn 3000 into 6000 pretty quick so keep in touch and you can take 3000 out and keep 3000 in no risk after that.
>>
>>1054940
>now asking for $3,000
>no risk after I double your money and keep half to trade
Please op don't go full retard
>>
>>1054945
I'm not asking for any money it's his money. I will only get money if I make him money. he can close the account whenever he wants and stop. If I don't make him money I don't get anything out of it
>>
>>1054940
I realise he's not handing you the money directly

the point still stands - the concept is retarded...

and you're clearly an amateur who doesn't know what he is doing if you're even remotely interested in taking this guys money
>>
>>1040979
>Do you think hedge fund managers tinker with currency speculatio


who is George Soros?
>>
>>1055001
technically he isn't a hedge fund manager any more - it is more like a giant family office

but yeah the other post is ridiculous, hedge funds clearly bet on FX

(obviously they're not using FXCM or forex.com like some of the mugs in this thread though)
>>
>>1054998
IDj if I'm an amature or not but I know I've got a knack for forex and that's a fact. Every pro started as an amature. Im only barley 5 years into tradeing forex and I'm still in my infancy of tradeing but I'll never stop. The more people I trade for the more money I get to trade with for myself privately at the end of every month. So if I trade eight 3000.00 usd accounts. I make 10% at the end of the month on each account that's 300 bucks on each account. 2400 between the 8 accounts. So I make an extra 528.00 usd because I made them all money. Now if I don't make any account profit. I don't make profit. kapeesh?
>>
>>1055015
if you've been doing this for 5 years with the returns you're claiming then why are you still interested in trading tiny stakes from traders and using crap retail brokers like FXCM and forex.com?
>>
>>1054440
Why don't you open a demo account with 50:1 leverage let me know when you open it. I'll have you email me the info. Make sure the balance is 3000 dollars. If you open a 10,000 demo account on accident I can lose money until it's 3000 it only takes a day. Then you can watch me turn 3000 into 6000. Then once your satisfied I'll we can talk on the phone get to know each other a bit and I'll trade for real once your comfortable. This is not something you should Rush into. Forex is all about patience and self control
>>
>>1055020
someone this keen to secure a few hundred dollars investment, in order to just take a % profit from... after supposedly trading for 5 years... is a bit desparate
>>
>>1055048
you dont undertand obvoiusly! it starts off as a few hundred. Once you get 4 or 5 months into an account each account starts bringing in thousands a month its all about compounding interest every trade. I made an email called [email protected] going to trade demo accounts for anyone who wants areal account traded. i have nothing but time on my hands and the more people I make money the more money I get so whatever. i dont gotta worry about bills or a place to live or nothing i pretty much got all that covered i just play dota and look at charts trade forex.
>>
>>1055057
>you dont undertand obvoiusly! it starts off as a few hundred.

I do understand - point is if that was the case... why after 5 years are you wasting your time looking for another $500?

why have you not go any proper funding?

why are you still trading with retail bucketshops?

you're either a retard or your're bullshitting
>>
>>1055070
Idk why I still trade with fxcm and forex.com it's all I know I live in Alaska population is under 2000 in my town Alaska is huge not a lot of people mostly industrial. I guess I havnt left to trade anywhere else cuz I don't want to leave Alaska havnt made any connections. And havnt tried. I mean with 10% compound interest I'll he retired in 5 years. What's wrong with forex.com? They offer leverage. They give me money when I ask for it. They have never done me wrong. Fxcm is great to.
>>
>>1055100

the main liquidity is elsewhere for a start

costs are another issue, your orders are subject to how those places chose to execute them... lack of transparency...

you've been doing this for 5 years????
>>
>>1055057
>>1055100
Why do you use two brokers? Do you hedge at all?
>>
>>1055190
Where's the main liquidity? Forex is pretty liquid. To my understanding its 3.4 trillion dollars a day changeling hands.
>>1055191
Both brokers offer different spreads and a different way of tradeing. And different pairs. Depending on how you trade and how much money you have and what type of account you open both can be very profitable. I use both because more is good. I'm going to start spot gold with forex.com soon and fxcm doesn't iffer that. But fxcm offers bonuses different spreads and contests.
>>
>>1055534

see:

>>1054917

if you've been trading for 5 years and have been able to get 10% a month you'd surely already have a very large account... you'd at least be looking at using say FX futures or LMAX or interactive brokers... if not some of the other ECNs like Currenex, Hotspot etc..

instead despite phenomenal returns you're still trading at places that will happily slip you frequently and are generally set up purely for small retail punters
>>
>>1055544
and you're keen to waste time managing a $500 account for some stranger???

despite 5 years of excellent returns...
>>
to the top of the catalog you go
>>
>>1055544
No I havnt gotten 10% a month for 5 years straight. I've beeb tradeing for 5 years I've learned from mistakes I've conquered my emotion and greed. I've learned to be patient and to keep a few thousand in my bank if I need to boost my margin level to avoid serious losses. It took 5 years to get as good as I sm now. It will take another 5 to become even better and perhaps then I will have the money and resources to trade higher liquidity but in reality I don't see myself tradeing more than 1.5 million in the future cuz after that point Id be focusing more on dota2. Forex.com has never streamed prices that weren't fair. I compare them to other brokers and charts and it's all the same. There's a spread and a pop difference but if you manage your % margin your still going to take profit if your making logical trades
>>1055547
I won't trade $500 it's a waste and it lacks proper margin level to take prifitable positions. Now 3000 Is reasonable but 10,000 is better. My aim will be to take small risk trades with over 1000% margin level until I reach 10,000 then it will pick up speed. I can work miracles with over 10 grand. . The choice is ultimately yours. I'll trade as many accounts as I can handle and the will all be profitable long term.
>>
File: JAN-23.png (8 KB, 277x186) Image search: [iqdb] [SauceNao] [Google]
JAN-23.png
8 KB, 277x186
how did i do?
>>
>>1055794
Idk. Not enough information is given to reach a logical conclusion about how successful or unsuccessful you were in you financial endeavors.
>>
>>1055862

- you have left school ?
- what your level of study?
- you live with your parents ?
>>
>>1055786
>I've learned from mistakes

what's your biggest loss (in pips or dollars) and your biggest profit ?

in your beginning of trader, do you have a margin call in your account ?
>>
>>1055867
After highschool I didn't pursue any more schooling because jobs here in Alaska pay way more and are plentyful. Alaskans can retire young very easy
I don't plan on working much and living very comfortable here. I've slready built on earthbag house I live in a cabin in town but I'm building a yurt right now then I'll spend about 4 years on a really nice log home;) preferabley near a ski resort.

My biggest loss was 2800 I while back. It was due to having week hands. A few days later I learnd my loss could have only been 300 if I had just sat on my hands and been patient. 300 is easier to make back in a day than 2800. I'm a much better patient trader nowadays and I don't take huge risks.
>>
>>1055882
Forex.com doesn't have a margin call they automatically close a position when it reaches 100% margin. I monitor my margin level very closely it's the most important part about being a successful trader
>>
>>1055922

why you don't trade index cfd ?
>>
>>1055928
I might later. But this is working for me and it's simple for me so I'll just stick to this build me a log home buy guns food and chill. As long as Im playing dota2 that's the shit and I'm going to be a pro one day playing in the majors! Then trade my dota2 winnings. I started tradeing from dota2 items and team fortress items to bitcoins then forex so I grow to new markets if the benefit me.
>>
>>1055935

Have you ever trading an forex.com account to someone you've known on 4chan ?

Your parents know that you earn lots of money through trading ?
>>
>>1044730
>Tryhard - the poster
>>
Actually there are some examples that you can make money from forex and it is not too difficult. Check out on instagram @forex_gains , @prosignal_mentoring or @novaxtrader. They all give out these signal services. What do you think of it? Can you really benefit from that?
>>
>>1055786
so you've basically been trading noise for 4.5 years and you've got no idea if the past 5 months have just been luck....
>>
>>1055969
no i havnt traded for anyone on 4chan but i want to start. i think itd be cool
my parents know and support me. even brag about me to thier friends about how thier son us good computers blah blah blah

>>1056161
you know thats not true if youv listened to anything ive been saying. ive obviously learned a lot since i started and have learned the zen of the market,
>>
>>1056487
Why don't you go on a copy trader website? Most give you higher than 22%.
>>
>>1056487
you might think that, but no I don't know that ins't true... you don't either - you're quite likely just kidding yourself... if you're able to get 10% a month via a retail FX bucketshop then it would indicate your strategy is scalable, you'd be able to replicate with futures and/or FX ECNs etc.. and you'd be able to scale up very large... in fact you'll basically become one of the richest people on the planet

in reality though, you've likely just got lucky for a bit - there are ways of regularly making high % returns but they're inherently not scalable and they're not even feasible via firms like FXCM and forex.com... you need access to a real order book and low costs...
>>
>>1056729

are you a professional trader ?

wha'ts your perfomance per year in trading ?
>>
>>1056833

I make mid-six figures per year, the amount I need to deposit at my clearer in order to do this is a five figure sum, I've got access to more leverage from then if I require, albeit giving them a % of the pnl in return

some months I make over 100% return... but % returns are a bit meaningless in this context as what I do doesn't scale/compound
>>
>>1056861
Why don't you open a 6 figure account and let me trade it? I'll double it in 4 weeks guaranteed bro [email protected]
>>
Forex is for losers, real traders trade stocks and futures.
>>
>>1056552
I might. Copytrader websites offer profit at the end of the day. The way I trade is profit at the end of the month. Because losses are inevitable but by the end of the month I'll still pull at least 10%
>>
>>1057474

before give you my money, i want see you trade a demo account and see the perfomance.

How to do ?
>>
>>1057745
Open a demo account with 50:1 leverage. Metatrader 4. Make sure it has the desired amount in it you would want me to trade in the demo account. If you try to open a 3000$ account but you end up opening a 10,000 account I can open and close orders real fast until there 3000 in it. Send me the server and login info to the demo account to [email protected] (don't ever send me login info for a real account that's not how it works) I'll log in and you can log in and watch me trade. DO NOT make trades while I'm making trades you will mess up my margin level. Once you send me the info I'll get started right away. Keep in touch while I trade your demo account and if you want to make a a real account let the broker know you will have someone trade for you. They will give me a separate login to metrader 4 so I can't touch your money I can only trade it.
>>
>>1057474
because I'm not an idiot

why would I give a complete stranger six figures when he's basically a complete amateur at this
>>
>>1040183
Can't trade a futures contract without paying comms. So therefore cannot have zero sum before costs. All negative.
>>
>>1040699
Lol, you are about to lose some serious pennies.
>>
File: drake1.png (296 KB, 649x649) Image search: [iqdb] [SauceNao] [Google]
drake1.png
296 KB, 649x649
>>1044734
Of course you can pay for the fucking Bloomberg Terminal. It's just that if you do, you're a bitch. Real investors have it provided by their company.
>>
>>1057865
>Open a demo account with 50:1 leverage.


In what broker ?
>>
>>1057865

your parents work in fincance ?
>>
>>1058159

*finance
>>
>>1057865
One man is about to blow away all of /biz/'s collective savings
>>
>>1058157
If your starting out id suggest forex.com
>>
>>1058166
Lol nah I'm here to make biz money ;) you should only ever invest 10% of your working capital anyway. Don't putt all your eggs in one basket eh?
>>
>>1058166
Lmao absolutely. Dude can't even spell properly and he's trying to give advice on forex trading.
>>
>>1058159
No I live in an industrial town. Most money is in contrition or working up north. My mom works up north and makes about 30 grand in a month on big jobs usually 15 on smaller jobs. Her ex husband my step dad was a diesel mechanics up north for aleyeska and he made baaaanka doing that. His dad my step grandpa was the CEO of doyon corp wich is a major native corp. I learned all my buisness and investing finance from him he is very wise and good at it. Lots of natives here get paid thousands from working up north and shares in native corperations that pay dividends. Hell I just got paid an extra 1600 this year just for being a Alaskan. I'm never leaving here. There's lots of money here and with my skills as a forex trader I can only go up ;)
>>
>>1058103
you need to read the post correctly - comms are part of the costs - ergo futures can be portrayed as zero sum before costs
>>
>>1058183
Lol I'm on my phone if I was on pc my spelling would be flawless son
>>
>>1057865
what is it about metatrader 4 that you like breh?

also, bumping thread for great justice.
>>
>>1059336
The phone app is convienient and easy to use. It allows me to always be making money all the time everywhere we go. As for the haters in this thread I'm still going to post my wins this week and take in more than 10% I'm just waiting for the news releases and things to settle down so I'll post some wins later this week.
>>
HOLY SHIT GUYS

HOLY SHIT
>>
>>1059978
I JUST MADE 70$ WITH AN INITIAL INVESTMENT OF 25$

HOLY SHIT G
>>
>>1059980
Nice bro now do it again? Bye rhe way how did you do it?
>>
>>1059980

nice bro keep it up youll be a millionaire in about 3 months bro
>>
>>1059980

on what pair ? eur/usd ? what broker ?
>>
>>1039373
>
Leverage isn't a great measure of risk
>>
>>1059980
I don't know any broker that lets you deposit 25$
>>
Bump breh
>>
>>1058183
Welcome to the world of investment forums and trading chat rooms where the liars, stupid and ignorant lead the liars, stupid and ignorant.
Thread replies: 300
Thread images: 55
Thread DB ID: 466633



[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Search | Home]

[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Search | Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the shown content originated from that site. This means that 4Archive shows their content, archived. If you need information for a Poster - contact them.
If a post contains personal/copyrighted/illegal content, then use the post's [Report] link! If a post is not removed within 24h contact me at [email protected] with the post's information.