I have read another thread somewhere on this website about a taxi driver/trader from Glasgow
have you read that thread.
I have not completed reading that thread…It is a long thread.
P.S. A piece of advice to everyone…Dont think Forex trading is easy…it is very difficult and you can lose your full capital which you have in your account…
You’d be surprised how giving away impacts your bottomline. 
Not seen that post
Of the taxi driver will look it up.
Ta
Well…You Yourself…(Inner circle Trader) teaches
Me…I tried to teach some people…people do not understand or like or believe me.
so…I decided to start teaching only after making 3-5 million dollars…
so…I have reached the $7,600 profit mark.
No…I dont think I shall tell anyone anything…there are more seasoned and hardened people on this website with better stronger wiser methods than lil ol me…with my $7600 profit…
so…Yes…I shall keep reporting to share my winnings…or losings…!!!
So, where’d you go bud? Never saw this thread before. Lol, and if I did, I don’t remember…
You have got to be joking. Some of my BEST POSTS are on this thread!!! LOL!!! Those ‘Jessica posts’ from last year don’t have a ‘patch’ on THESE!!! LOL!!!
Hello.
Regards,
Dale.
C’mon Dale… I have two English courses this semester and am already doing 200-300 pages worth of reading and 2-3 essays every week… Do I REALLY have to read your rather “lengthy” posts…?
Regards,
Clark
Well: if you want to be included in the ‘week of debauchery’ at my expense or want a ride in my ‘Beast’ (Obama Car) then I’d suggest you MAKE the time!!! LOL!!!
Regards,
Dale.
your answer is yes.
i do know people that trades with a stoploss equivalent to a private property.
Okay…here is a tip.
I purchased a $99 robot from an un-named source…That did not work.
I joined a course costing $2000 by Rob Booker…I lost some money…
We formed a group and In 3 months all 90 people of us lost money and paid Rob 2 K each
I am sure Rob has trained more than at least 500 people and all have lost money
Then I joined another course and another course and then I attended FXCM and other seminars
and apart from this I kept studying Forex and reading and reading and trying and one day the light bulb shined on me
and Eureka- I jumped in the toilet…Bingo - I have it…by jove I have it…and now in last few months I am making money.
I have put in at least 20 hours of hard work every week and lots of nail biting stressed out moments trading my live accounts
in the last 2 years.
So this is history (4-5 courses plus books plus hard work plus reading the threads on Baby pips…etc etc etc…and LOSING MONEY)
I am a slow dumb person…it took me so long right ?
Another tip…I have four computers and 8 monitors with at least 40 charts running full time…Is this dumb or what ?
Yes…it is…but I know this now and not when I slowly built from one monitor to 2 to 4 to 6 to 8 monitors…
At least 10 of my friends and relatives…No-one trusts me and believes me…because I have been spurting all sorts of methods and techniques in the last two years.
P.S. A piece of advice to everyone…Dont think Forex trading is easy…it is very difficult and you can
lose your full capital which you have in your account…
I forgot to add -
I have been for the last 18 months…
going to sleep at 7 pm - waking up at midnight and going to bed again at 3 am and waking up at 6 am
timings are PST California
and all the while…thinking and studying and imagining…
what if ?
It is very simple to look at the chart and say…this is the reason why this happened…
Look at the head and shoulders…look at the bullish engulfing pattern…look at the oversold RSI indicator…
Fib retracement…But what about the main thing…what is your prediction going forward…will the market go up or down
what is your entry price/ stop loss/ take profit/ trading amount ?
Looking at the past and seeing and understanding is very simple…but it is the future that is the trick…
Can anyone see the hard work and pain and the time that I have spent…Those hard days and nights and support from my kid and wife…and all the while thinking…(Ha…Do you think you are a trader ?..You have 8 monitors…does this make you a trader…You loser…you fake …you craZy person…what what what…)
Some days …You want to quit…and other days …you are so high like a kite !
==========================================
P.S. A piece of advice to everyone…Dont think Forex trading is easy…it is very difficult and you can
lose your full capital which you have in your account…
Hello.
I’m curious about this quote (for personal reasons). Would you have any interest on expanding on what you’ve noted (even by PM if that’s preferable)???
Regards,
Dale.
I can tell you that I just made 1000% last year but that doest mean much if it was made on a $100 account. Now if that was on a 100K account it will be a different story, it shows that I trust my system in order to take that much risk.
Anyway like someone said, this is a forum about making money, so its natural for “some” people to ask. I see nothing wrong with it if others are willing to share.
If I were a porn producer I will ask her what she specialise on. I dont think I need to ask her age/weight/bra size, I think I can roughly work that one out myself LOL
For me success is the amount of $ you made and not the % because you need alot of balls (unless you are rich) to double your 100K in a month but not so much if it was a mere $100. Same % differerent result.
Sorry Chris, success, risk or return is not measured in terms of $'s for obvious reasons.
By using $'s as your measure for success you can make no true comparison between ROI, the main measure for success and more importantly the measure of consistency.
If we both made $1,000 in a single day are we both as good as each other? well in your eyes…yes.
what if I then told you that I risked $200 to make that $1,000, but you risked $1,000 to make that same $1,000
I guess you are right in a way, but my way of thinking is that it take balls, skills, confidence to double a very large account.
For example
Trader A double his $100 in a month
Trader B double his $100K in a month
In your eyes they are both equally successful? well in % wise yes. Ill rather be trader B than trader A, Im sure there are alot of people here who have managed to double their $100. Can trader A do the same on a 100K account? most likely not.
Ill rate guy B higher than guy A, that is not to say guy A is not a good trader but until he start dealing with large account I cannot see him as a better trader than trader B. Got to prove it first he have what it take to deal with 100K and most importantly he got there by experience/success. Until then trader A is just another wannabe taking big risk and getting lucky with his $100, we know there are plenty on this site doing just that, I hope you dont see them as a succesful trader, plenty of turn 100 into million thread to chose from on this site LOL.
well
I think the correct barometer is the PIP
once a person starts consistently making PIPS and slowly escalates his Position size he is on his way.
But of course a lot of people have told me that the correct method is ROI
But I still believe that the correct barometer is PIP
And lest THIS thread become a “corpse thread” it is hereby “bumped” (again: for “old times sake”)!!! LOL!!!
For those who have joined BabyPips during, say, the last few months, there’s some FINE (entertaining) reading here for the holidays!!! LOL!!!
Regards,
Dale.
You aint right man
I agree with you!!! LOL!!!
Regards,
Dale.