It's neither the price predictability or random walk.. simply put, it's Probability. A position worth at best slightly over 50/50 chance of wining, which without proper risk management before and after trigger it's no good and would not produce ...

why have you accepted the price-predictability assumption?

stick to math brother.. lol

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

who said he is a newbie? i know 60 has been around, it's clear is not directed at him.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

60.. if you make 10k a month would you be in trouble or harmed to throw 50 bucks down the craps table once a month or a few times a year as something fun along side everything else in your life?.. that's all this is.. it's just a by product. What ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

sure it would need a minimum 100 lev as a stretch to get violated royally on a 15 pips against.. lol 200 lev is the realistic one for this.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

point him to his posted calculator.. lol..

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

It is not a trap.. whether it is doable or not it's besides the point.. the bottom line is it's just 50 bucks!! or whatever amount that you don't need or care to lose a few times over. along side whatever one is doing could exercise this too. don't ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

sure either increase the capitol a little or drop the load a little.. I make the necessary adjustment this time around. however I like to stick to the low capitol idea of this thread.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

got violated by margin stop out, for just two stinking pips.. trade was dead on thou. I really need minimum of 70 pips room for my type of trades to succeed. no problem I pump it $300 more and go for it again. The way i want to get this done is very ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

its hard to make it with tight stops when going for 1:2 RR.. I am doing it the other way.. larger room for the trade to maneuver to bank 50+ or survive it at BE or least damage.. so stops are bigger than TP, 1: 0.7 overall in forex market sl's is ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

decision is made easier for me since the profit droped down to only 20pips.. i can't settle for such low tp so I let it be, hopefully it goes in my favor after the release. i would have banked if it was around 40. a lot can happen.. whiplash to take ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

as i mentiond in my pervious post, I am aware of the news and it will be a tough decision when it comes close to it. i have made it a risk free one but i hate to lose the winnings on the table at the same time also hate to settle for anything less ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

trade is up +30.. I'll set the stop set at BE, risk free is the call with the news on GBP coming out at end of the hour. If i get close to the 50 mark before it I may not risk it and bank. will see

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

ok.. some of you are so fixated on the math, which is ok and most of you are correct.. as long as you risk 50% of whatever is left you will never be wiped till you get to minimum of nano acc trading allows. and I guess to some people going from ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

mathematically your not wiped.. mentally you defiantly are.. you can lose 5 in a row and you still won't be wiped

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

are you talking about me sweety.. lol

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

ok.. not quite wiped but far back to start again and again.. there is got to be some run or 80% win rate.. and such win rate is achievable when runs happens.. that's my main point. bottomline is if anyone does not have the confident that he/she can ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

win-win-win-win-loss- win-win-loss loss.. and wiped. 10 trades for 6-3.. here is more winners than losers.. and result.. account wiped. i don't know maybe i am missing something!

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

however way you look at it one needs to win 3 before losing one at least to have a slightest chance.. preferably win 4 before losing 1.. if you got doubt ask the guys who are actually doing it.. any less than this its like hamster on wheel. to win ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

sure, but to get to net win at some point ones got to mustard a few winners in row at 50% risk per trade deal..

Rags to Riches in 10 or 20 Trades - Simplicity at its finest