Free Mentor-ship Program

[Joe_Ng]

Hi Norisvpips,

Below is an excerpt from an article by currency analyst James Stanley on What is the ’Best’ Time Frame to Trade?

[B][I]"All new traders should begin with a long-term approach; only getting shorter-term as they see success with a longer-term strategy. This way, as the margin of error increases with shorter-term charts and more volatile information, the trader can dynamically make adjustments to risk and trade management.

Traders utilizing a longer-term approach can look to use the weekly chart to grade trends, and the daily chart to enter into positions."[/I][/B]

In my experience, too often new traders are reluctant to try a long-term approach, because they equate longer-term trading with bigger losses. While you generally have to risk more pips on a long-term trade, that doesn’t necessarily mean risking more dollars.

Consider that when you trade one micro lot (1000 units of base currency) you are risking only 10 cents per pip. That means you could risk risk 100 pips, and that would equate to $10.

Now this is what I call very good advice. Thanks Jason

[FOREXunlimited]

Hello FOREXunlimited,

Demo account is used to protect from the Initial losses unless the trader is profitable and has learned trading.

Thanks

My original question was in regards to a reply you made to “pockets”, where you said:

2. The training will include Demo trades on Live market conditions along with voice and video support.

Which to me, came across as if not only was the “student” using a demo account, but you were too. Am I wrong?

David- looking forward to a response.

David, anything?

Hi David,

sometimes I check the thread in the hope to fine a good post. You managed to have almost 100 post and the only valuable ones were when you got critics from many members.

Funny is that you still push the newbies on using those M1 and M5 charts. Awesome! Is there any way to lose money faster?

If you get too many critics you just create some new accounts and write what a great thread we see here. Hahahahaha. What a joke! Thread without any real information.

If someone asks something you always answer such basic information that anyone could learn within two days after hearing about forex the first time.

Lately a couple of members gave you questions (not me). I quoted one of them. The question was repated and it wasn´t about how great you are, so you just ignored it 3 times. You have a great personality (ironic joke), with ignoring difficulties and you teach forex?

I highlighted the last sentence of your last post about asking questions 24*7. You wrote it, and just ignore the questions.

Boy, wake up and do finally some work. Saying “Hi” for newbies is not the way how value is created. Good that there are some members with experience sharing here sometimes what a scam is going on.

David branco, do you trade live ?

David- looking forward to a response. Multiple questions posed on your thread, plus 2+ weeks worth of private messages sent with no acknowledgement from you. What’s going on here- why are we being ignored?

[Norisvpips]

Thanks, your time is appreciated David! What’s your take on the long term strategy first with weekly to daily then work towards shorter time frames such as described in the article below?

What is the ’Best’ Time Frame to Trade?

[everydayTP]

David- looking forward to a response. Multiple questions posed on your thread, plus 2+ weeks worth of private messages sent with no acknowledgement from you. What’s going on here- why are we being ignored?

oh it seems to me that all these questions are too inconvenient for dear David

I wonder what is the purpose of creating such account and giving obviously bad/false advice to newbies, usually people promote particular brokers.

[John_Sanders]

Hello Norisvpips,

I would suggest to use the M1, M5, M15 charts for a newbie trader if he is looking for Intraday trading

and if you are planning to hold on trades overnight then use the M30 and H1 charts

Thanks

David, Thanks for helping newbie traders like me who are here to seek help from experienced traders like you…

Pls ignore the comments from those members who have nothing else to do… then just waste time here

[John_Sanders]

David Sir,

I need help with over-trading after i have made some profits i will continue in my trade and this will turn them into losses:17:

[peterma]

David- looking forward to a response. Multiple questions posed on your thread, plus 2+ weeks worth of private messages sent with no acknowledgement from you. What’s going on here- why are we being ignored?

FU, you are not likely to get a response:

http://forums.babypips.com/search.php?searchid=5302848

That’s the world of FX, a strange world indeed, seems everyone has an angle.

[blessedtrader]

Hi, David. You reached out to me earlier today. You told me to come to this forum with any questions. Thanks very much. Like I stated in my post, I am looking for someone to trade with in the Euro session. Trade forex live. Someone with a proven track record that I can watch, copy, and learn from. If you offer a service like that, let me know.

[FOREXunlimited]

FU, you are not likely to get a response:

301 Moved Permanently

That’s the world of FX, a strange world indeed, seems everyone has an angle.

Hey Peterma, how’s it going?
Sorry, but your link is dead- not sure what you were trying to pass along.

It’s become very clear though that a response is just about as likely as $100 Oil before the end of April.
Moving on.

Jake

[peterma]

Hi Jake,

Lol, hope you are not over at that oil meeting tomorrow, if you mention $100 per barrel they will all start drooling and memorising ‘those were the days’.

I was just noting the cut and paste, maybe David figures it’s the way to get learners interested in whatever, just seems a little weird, like the $100 per barrel I suppose

Things are good, always learning, it never stops.

Your good self?

[FOREXunlimited]

Hi Jake,

Lol, hope you are not over at that oil meeting tomorrow, if you mention $100 per barrel they will all start drooling and memorising ‘those were the days’.

I was just noting the cut and paste, maybe David figures it’s the way to get learners interested in whatever, just seems a little weird, like the $100 per barrel I suppose

Things are good, always learning, it never stops.

Your good self?

Lol!

Ahh…yes, I noted that many many weeks ago. You’d have to hope that others pick up on it too.
I’m doing great, thanks for asking - and, great to see you still around!

The day you feel you’ve learned everything, is the day the market reminds you that you know nothing!

[caomisa7]

Hi Guys! Check out My trading journal right next here:) Price Action trading + Trading plan + account monitoring:) Hope it will add some spice here)

http://forums.babypips.com/trade-journals/79867-tj-price-action-account-monitoring.html

[Stintin]

Some sites are offering 1/3000 leverage. Is it worth going with them ?

[_bob]

Some sites are offering 1/3000 leverage. Is it worth going with them ?

Oh I can’t wait to hear Davids response to this.

@ Stintin, do you understand what leverage is and how to use it to your advantage?

[PipMeHappy]

Some sites are offering 1/3000 leverage. Is it worth going with them ?

This says it all:

1:3000 Leverage: Golden Opportunity or Sheer Madness?