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FXEmpire replied Jan 18, 2014mik and owl.. I appreciate your supports.. I am a backer of this whole thing but with one difference and that is.. I don't believe this could be done with a tight stops, that's all. This market is tough to make profit as it is.. but to stack more ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 17, 2014Fellows, this is like a poker tournament, you buy in for some money that you don't care to lose, and then sit in to have fun by trying your luck with some skill involved to make the final table or win the whole thing.. that's all it is. You still ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 17, 2014Its amazing how people just simply don't get it and it's more amazing that FF allows the first post as such to pass through their screening.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 17, 2014Closed this one for +53 about 50% gain, it had possibly potential for more, but next week. I rather take the profit now and look for better ones next week. It was a tough week for me to extend this account as the trades I choose for here became ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 17, 2014yep... send over 10k just for a start.. lol
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 16, 2014Trade #4, short of CHF/JPY 115.157
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 16, 2014I closed this for Breakeven. This trade did not go into profit at all but it also did not surged any real threat so I kept it to give it a chance for profit or BE exit. It was a 3 day drag and swap on it was a killer better to exit at no harm and ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 14, 2014This is a typical rant from someone who has not made any money in this market but massively loves to make a lot of money from this market, with one problem, not putting in the effort that needs to. and.. it's a typical rant from someone who still is ...
How banks push price against you?
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FXEmpire replied Jan 13, 2014Trade #3.. short on NZD/CHF at 0.75369
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 10, 2014Closed slightly above breakeven, trade turned whacked.. starting fresh next week at 50% gain.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 10, 2014This 2nd trade has become drag.. it was not the most suitable trade anyways considering the data times since yesterday. So it all comes down to NFP.. i can close this trade and be at where I started, but, I have made decision to keep it alive ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 9, 20142nd trade.. Long on ZU 82560 (0.4)
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 9, 2014closed this one for 44% return around 40+ pips which is less than what i shoot for but it looks like for now that's all the potential it's signaling pullback, how much or how long I don't know but when going high lev you better to bank a solid ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 8, 2014Tom.. if you want to hit your target, then, just simply let it hit your target. It's all mental.. you want to hit more target, then get prepared for beyond your target.. if for example it's 50/100/200 pips or on a timeline like a few hours or a day ...
What methods do you use to let your winners run?
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FXEmpire replied Jan 8, 2014No, for me the fun is the juice
.. my real trading profitability is achieved otherwise. high probability won't achieve this.. rather solid trade management.Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 8, 2014Thanks Ferru.. I thought it be something fun along side almighty boring trading lol.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 8, 2014about 1:1.. no set in stone rule for it.. I trade manage it.. but target is around 80pips.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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FXEmpire replied Jan 8, 2014Hi fellows.. This week is the start of the year for me trading full force. I thought of taking up on this challenge as something fun along side everything else I do. I have put aside about $1200 bucks for this challenge this year to give it a try on ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest