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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

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  #41 (permalink)  
Old 10-07-2007, 12:02 AM
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thanks

just passing through

your system looks interesting
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  #42 (permalink)  
Old 10-07-2007, 12:03 AM
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Some random transactions that I found from this week:

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  #43 (permalink)  
Old 10-07-2007, 12:10 AM
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thanks

your system is definetly scalping
kinda scary for me
but if it works for you then keep it up



have you had any bad news trading experinces?

Why still on demo?
you can even start a mini account for $300 and trade micro lots
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  #44 (permalink)  
Old 10-07-2007, 12:15 AM
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Quote:
Originally Posted by m1234 View Post
thanks

your system is definetly scalping
kinda scary for me
but if it works for you then keep it up



have you had any bad news trading experinces?

Why still on demo?
you can even start a mini account for $300 and trade micro lots
Its only scalping when the market is sideways on a news event, otherwise I see big jumps, over 10 pips. Since I have perfected my system I have not had "bad" experiences, but I do loses trades on a daily basis. Usually never more then 200 bucks or 10 pips for me so im always (well atleast 90% of the time) at a net daily gain.

I am still on demo bacause I need $5000 to open a standard account on ACM, which im used to. I will start by next year though, and do this full time. No point on wasting my time on a micro or mini account. Besides, then mini account on ACM is $2000.

Last edited by Forex4fun; 10-07-2007 at 12:17 AM.
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  #45 (permalink)  
Old 10-07-2007, 12:37 AM
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thanks for your reply and honesty

your thread and profit results are interesting
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  #46 (permalink)  
Old 10-07-2007, 12:41 AM
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Thanks, just hope I can do the same on a live account, even 1/4 of what I do on the demo would be great.

Ill be monitoring this thread for the next week or so, so feel free to post. I shall try to respond in a timely manner.
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  #47 (permalink)  
Old 10-07-2007, 11:54 AM
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keep up the good work
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  #48 (permalink)  
Old 10-15-2007, 01:14 PM
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Quote:
Originally Posted by Forex4fun View Post
Its only scalping when the market is sideways on a news event, otherwise I see big jumps, over 10 pips. Since I have perfected my system I have not had "bad" experiences, but I do loses trades on a daily basis. Usually never more then 200 bucks or 10 pips for me so im always (well atleast 90% of the time) at a net daily gain.

I am still on demo bacause I need $5000 to open a standard account on ACM, which im used to. I will start by next year though, and do this full time. No point on wasting my time on a micro or mini account. Besides, then mini account on ACM is $2000.
You should use the micro account to help you build your $5000 and get a real feeling for the market.
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  #49 (permalink)  
Old 10-15-2007, 03:23 PM
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Quote:
Originally Posted by Forex4fun View Post
Its only scalping when the market is sideways on a news event, otherwise I see big jumps, over 10 pips. Since I have perfected my system I have not had "bad" experiences, but I do loses trades on a daily basis. Usually never more then 200 bucks or 10 pips for me so im always (well atleast 90% of the time) at a net daily gain.

I am still on demo bacause I need $5000 to open a standard account on ACM, which im used to. I will start by next year though, and do this full time. No point on wasting my time on a micro or mini account. Besides, then mini account on ACM is $2000.
I would reconsider blasting out fulltime with only 5k in the bank. Now I don't know where you're from or what the economic levels are in your area, but it seems as if you are currently struggling to get to 5k in the first place. This would suggest that you have either a tight budget with a healthy income, or a loose budget on a mediocre income. My feelings would point towards the latter.

Now I understand that you're all hyped up on your system. Which is good. But you do need to be realistic. When you're system is live and has earned you a solid year of income that you have in the bank, then think about going full time.

Furthermore, I think your logic is flawed if you think that opening a micro or mini account is a waste of your time. If anything, it's going to be a great educational experience as you can put your system to the test and see how it will actually perform. So if ACM lets you get in with 2k. Do it. Put your system to work. If your system is that grand on a live system, you don't have to worry about saving up 5k by the end of the year. Your mini account can earn that for you.

Simply put, I don't know of anyone in any game of risk that went fulltime on a 5k bankroll and survived.

Best of luck.

Last edited by mastergunner99; 10-15-2007 at 03:27 PM.
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  #50 (permalink)  
Old 10-15-2007, 07:31 PM
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Default Well done

That's one of the best posts i have seen on Babypips.

Very well said Mastergunner.

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