I posted this on the newbie island but also wanted to put it in the Real Think Tank forum:p. Especially for those who put their systems or methodologies on here with nothing expected in return. Its a great place to come for ideas. (weather good or bad)
Well guys i’ve been lurking for about a year and half and just wanted to thank everyone who contributes on this website. It was a great starting point on getting familiar with the forex. I’ve had daytrading experience with stocks and finally took the plunge on forex. The system i tweaked out for mysself worked well. What helped me out more was being extremely disciplined.
About 100 pips were from me grinding it out through the week for 5-15 pip moves. The other hundred were from yesterdays craziness. Just wanted to let other newbies know that it can be done. but like i said it requires serious money management and discipline.
If I can grind out 100 pip averages per week consistently for a half year I will throw serious money in and consider quitting dayjob again. (i used my original daytrading capital for big wedding, large payment on house, and other items not cause i lost it trading.)
Wish me luck. Thank you to everyone again.
all the best
transcendente
oh and please don’t take my post as if i feel i’ve mastered money management and the forex market. but more as of it has been a great and fun start. the true tests are what one does with themselves when they fail. hopeully i don’t have too many of those days. hehe