How to Trade Forex with $100

Based on what your circumstances are, as described here, I am not sure how exactly you will be

taking ‘the other side’ of the ‘herd’:

http://forums.babypips.com/free-forex-trading-systems/42378-forex-price-action-2061.html#post682991

I think you are all talk and no substance, so go back to your cave and spit your bile at will

but you are not welcome here.

I’m not trading like that for a loooong time.

That’s okay if you don’t believe it, I’m not trading for validation.

Also you don’t decide who is welcome here or not, the mods do.

I’m totally sure you are not profitable with trading, based on your analysises you post. Less is more you know.

stay bro. im bored to hell by the annoying people since quite some time. there are only a couple of people i bother to read posts from and ur one among them so ill be even more bored if you leave.

online forums are like that. the annnonimity of people enables them to be as stupid as ut gets as simply it cant be reflected to them in real life.

thats why i have a picrure of myself in profile i have a description who i am, what im doing and where im comming from. i dont need the annonimity as i stand behind what im saying.

and you already ruined one fun read thread for me a week ago so you owe me stay in here now :smiley:

I am not profitable, and I do not insult people, but you do, and I would rather be friendly than

rude on the forums, regardless of my trading success…

I don’t mean to be rude to you, if you are not rude to the people who put time into the forums…

If you do not like what you see, you are free to leave.

For info: the mods do not decide who stays or who leaves, or rather, they do not have the time

to chase around looking for people making rude comments and banning them, which is why so

many people on here get no ban although they really try their hardest to start personal wars

without a reason… That, for me, should not be allowed, but it often gets overlooked…

So just because someone can do bad things on a forum and go unnoticed to the mods, it

does not mean that they are innocent …if you get my meaning…

Anyway, I have posted my FXbook trading record many times, so everyone can see where I am at…

you can do the same, if you want.

Yes, I am with Turbo…

STAY, MANXX!!

We love you!!!


That’s the theory.

Unfortunately the reality is rather different: the forum is, in [I]some[/I] respects, close to unmoderated, and large numbers of people know it. This is why they come here, specifically, to troll, spam, self-promote and for various other unpleasant and unwelcome purposes that wouldn’t be and aren’t tolerated anywhere else.

When it’s almost impossible for large numbers of longstanding, contributing, respected members to get anyone to do anything about that, eventually those members get fed up with it and tend to drift away, and because of that the balance changes, the situation deteriorates and the problems become self-perpetuating.

I’ve abandoned the forum, myself, in the past (and come back, intermittently, as you see, because I do still have some friends like Manxx and PipMeHappy here).

But let’s not pretend that the moderators are in any meaningful, everyday sense in control of what goes on here. They’re simply not: they’re not even active members who know what really goes on here, and many “post reports” are entirely ignored.

Unfortunately, even when members have the temerity to raise their fully warranted and justified concerns about that, we’re normally [I]persistently[/I] ignored, too, even to the point that our messages politely but expressly requesting a reply are themselves repeatedly unacknowledged.

As we saw over one specific, recent issue in which we did eventually, collectively, manage to achieve something by really digging in our highest heels with a vengeance, it takes a [U]huge and concerted[/U] effort even to get an answer to a straightforward inquiry. That’s just the way it is.

So don’t pretend that the moderators are in control - that’s just wishful thinking.

I agree with Lexys, having seen how much collective effort it took to get ‘David Branco’

off these forums…

It really is like the Wild West here, especially on Newbie Island…

Yes there is. Few regularly sucessful traders bother with any kind of forum. Their world is elsewhere and mostly amongst themselves or, more likely, with people outside of the trading environment. But even amongst those successful traders who do visit sites like this, there are none that “pop-in occasionally” simply to paint useless, one-line graffiti on other people’s walls. If you get a kick out of doing that then that is for you to deal with.

If you are the successful trader you claim to be then you know that is garbage. There is no herd here that is stating their position that you can be the other side of. If you trade through a broker, then whatever you trade you trade into the market as a whole via your broker, not as the counterpart of anyone here. And if you are really , really so successful that you trade personally directly with the interbank market then you are most definately not trading against anyone here.

You are right that many people who come to forex are desperate for money, for example, to get out of bad jobs, to fulfil their dreams, to help their kids, and a million other reasons. But not everyone who wants to start with a 100$ is desperate for money. They are interested in it and want to learn to trade but don’t have a lot of money to risk. As you should well know, no one is encouraged to risk more capital than they are willing and able to lose if that happens. It does not mean they are desperate.

I do agree with you, as most people here do, that starting from only 100$ is unlikely to succeed to a big account unless one is extremely astute and disciplined and exceedingly patient. But the fact that you may be right in that does not justify just slapping negative slogans in their faces without any kind of explanation of why you think this and what might be a better approach etc based on your own acclaimed success.

I guess from your manner that you were never yourself a näive Newbie, that new nothing about forex? That you started off with a huge deposit, knowing everything, never making mistakes and just flew straight to success from there? If so, congratulations! But there are literally thousands who pass through this site who are not so lucky and are only too grateful to receive useful advice from those that have already been there. So if you are so fortunate, why are you not helping others instead of claiming your interest here is simply to abuse them by “taking their other side”? Is this just about your ego? Do you feel a better person for this? Do you walk taller knowing you’ve offended and put down others who are simply striving to make a small success in their lives that they can call their own?

Everyone here knows it is not easy - of course they do! But whether other people are smart or not makes absolutely no difference to how other people trade! If “smart” people make money, that does not automatically mean that no one else can, too. But you obviously include yourself amongst the “smartest minds” if your claim that you are successful is true - otherwise you are disprovng your own argument. Again, congratulations on your smartness!

Who exactly are you referring to by saying “these people”. That is a very sweeping, all-inclusive statement. Yes, there are certainly people who come here looking for the shortcuts and the easy money, that is only too prevalent in many walks of life these days. Few want to make the effort to really study the underlying principles and really understand what they are doing. They just want a magic line or an EA or a BOT and watch the money roll in. But that is not “these people”. There are also people here who really want to help those that are starting on their trading careers and dedicate a lot of time to answering and advising others. Why are you not doing the same if you are so successful? In my experience, successful traders have no need to offend others or put them down, they are usually surprisingly quiet and humble people who are very much at peace with the world.

But don’t let your ego dance too much over your success at “driving me away”. I am not finishing here because of you, but because of people like you. I was really keen to work with MoneyNVRSleeps and encourage him with his ambitions (If anyone has drive and ambition, he certainly has!). But then, as always, some egotistical mouth drops in, sprays their nonsense, and moves on. I don’t need that, I am not interested in battling with repartee, rhetoric, or intellectual point-scoring - I just like helping others. I had help on my journey and I am sure you also know how lonely that journey sometimes is. But if that is constantly going to be interrupted by your kind of one-liners then I am just going to…

Enjoy the Nordic summer magic and its midnight sun - this is midnight:


You can trade any amount you want, all you need is a good strategy and money management. The outcome of the profit will be different, according to your requirement.

Great post, Manxx! You really outdid yourself in this one… a masterpiece…

Manxx, mostly the trolls are college kids, every time they sit down their brain says ‘ouch’.

They used to get to me, nowadays, they don’t bother me one way or the other, I just skim read their first few words and move on to whatever reason I happen to be posting for.

MoneyNvrSleeps is maybe one of the coolest posters I have ever had the pleasure of reading, I’d say he has encountered more flamers and haters than most here, he shrugs every one them off - like dust from his sandles :slight_smile:

Btw, the photo is one of those pictures where a person can stop and stare - I absolutely love this time of year, 10.45pm here and there is still brightness in the sky, but nothing like that.

Another good/quality debate partner gone. Toekan now Manxx. and the newcomers/substitudes miss on quality.

is it only me or anyone else got the feeling that the older you get the more you percieve the world as (lets say in a friendly way) “less and less inzelligent”?

Has Toekan left?

When? I must have been asleep! ;O

Countless other established and helpful members have left

and that is probably a natural thing… people move on…

However I think that there should be some sort of system

where you can send your trading results in (e.g. through MyFXBook)

and get ranked accordingly… so an ‘FX Honorary’ member should be

someone who has an established record of profitability (size of their

account should not matter, only positive track record)…

That would immediately cut out losers like me haha

Seriously, there should be then an ‘amateur’ section where people

could still post even without meeting the site selection’s trading criteria,

and socialise… This could be open to the ‘serious’ traders too, as they

would have privilege to post in any area of the site…

Just a thought…

while many brokers offer very low minimum deposit, $100 is a possible money to start trading forex.
but it’s very low money, so you have to trade with high leverage. cant go with long order, being a scalpers is a good way to keep your money safe.

i havent seen him posting in 3 months so far. so i concluded he is gone. the profile is still active.

yes its natural that people move on. just sonetimes $ucks for the ones who stay behind :smiley:

your idea sounds very good tbh. we have a “analyst arena” where only verified broker analyst are allowed to post. it wouldmt be bad to have a"hidden" area where more sofisticated members can share their thoughts/ideas about more sofisticated/complicated topics.

like evolution throught debates/exchabge of ideas. that was my initial idea to check on fprums at all. see what others offer or read thibgs u dont know yet. but i found myself reading bewbie stuff over and over again the same. i dont mind reading newbies stuff and heling people but i would embrace the idea to have a “pool” where only “professionals or semi-pros” are “invited” to exptess their ideas, without random people who come and go as it suites them, interrupting - like it happened in this thread here.

Wow thats classy “bro”, you really do think you are that good dont you? I myself always tend to be a more silent member on this forum, but trust me when i say ive read this forum ten times over.
And what you brought to the table especially as of late, has not been up to quality all that much.

But i did peek in this thread every now and again.
And you seem to have a certain air about yourself, thinking people are beneath you maybe?

Anyway just dropped by to say that by all means youre welcome to leave anytime, nobody asked you to reply or even to read what is being said here.
If you dont like it, theres the door as the saying goes;)

Rlt here, signin off and givin you a big ol’ hug

oh “bro” you got no immagination of how good i actually am :wink: what you earn in a year i do in a week (and im talking about your real life jobs salary not your trading). so keep your guesses onto who/what/where to yourself and learn to listen first, not to me but to other people, if you like :slight_smile:

im not delivering anything usefull to people like you. and thats on purpose. why should i help someone like you? why should i benefit your life money wise? you want to get there you go there yourself and especially after your attitude you are showing you could aswell go to kindergarden to look for debate/arguments partners. why should i help youthink about it :wink:

same for you buddy. anyways as i already said in a post before to you. you are 100% right and i ageee to all you say. the problem is that you dont even understand whats beeing said, ill put it in short words but i dont expect you to understabd it.

but a last word of a nice advice from me to other people who are reading here:

trading needs years to be learned properly. and it needs a budget. you may ask why i demotivate someone when he asks if he can trade sucessfully with 100$? heres the answare:

you have one life

you have 24 hours a day

you have only one period in your life in which you can build a fundament to reach goals (kids, family, to be sucessfull) in your life and that period is between 25 and 45.

so basicly speaken you dont have much time to divide into things that will get you nowhere. so when someone comes with his bag full of dreams which was build up by market makers and theor advertisements full with promises of riches that only waits for you to grab it (become millionaire, have good life, start family) but with unrealistic expectation where his odds/chances are 1 to 1.000.000 (like asking if he can open a business with 100$ as starting capital) DO YOU REALLY THINK YOU DO HIM A FAVOUR BY SAYING “YES DUDE GOO AHEAD YOU CAN DO IT!!!”?

no you dont. your actually doing harm to that person because you encourage him to run/chase after a goal that is theoretically unreachable. the person will spend years of his productive life (25-45) just to come to the conclution that he waisted years of trying and he will think he is a looser and will partially take a hit which will knock him out when he comes to the point of realizing he waisted years of time, dreams and money.

if he has no chances/minimum chances to succeed (theoretically impossible) would it not be much more productive to tell him to spend his time in the productive years (several hours a day) with sonething where he has better odds to suceed without money? like educating himself or specializing in a specific job and build a fundament for a sucessfull life in few years!

instead i tell people simply: no you cant make it with 100$ on stock trading. in a shortened way and destilled to a few sentences i try to spare him the lost of time, frustration, beeing put down, demotivation and the lost of money he cant truly afford to loose.

Regarding this sentence from TURBO:

"your extrovert charakter living in the skies is actually doing harm to that person because you encourage him to run/chase after a goal that is theoretically unreachable. the person will spend years of his productive life (25-45) just to come to the conclution that he waisted years of trying and he will think he is a looser and will partially take a hit which will knock him out when he comes to the point of realizing he waisted years of time, dreams and money.

if he has no chances/minimum chances to succeed (theoretically impossible) would it not be much more productive to tell him to spend his time in the productive years (several hours a day) with sonething where he has better odds to suceed without money? like educating himself or specializing in a specific job and build a fundament for a sucessfull life in few years!"

He is right, of course… All these crazy dreams of making that million from $10 are impossible

and on this site we should run COUNTERTREND to all the guff out there that encourages bad

myths and the legend of the Lamorghini-driving trader who started with $10(0)… On this website

we should say it how it is, and if someone does not like to hear it, they can go and burn that

$10(0) with a lighter and save themselves years of wasted hopes, like Turbo says.

Hi guys.
I’m concerned about the way this thread is going, lets all take a step back please.

On a separate note, regarding the idea of a separate area. I used to be on another forum where this was introduced. Within 6 months we had they same group of 7 or 8 members mingling on the new area but the remainder of the site, about 98% of it, went downhill fast as newbies found themselves abandoned and within 18 months active membership dropped, mods left, and the site shut down.
I’d hate to see that happen here.

Ahh cant get the one without the other i guess…
To bad Pipmehappy because i kind of like what you stand for.
But i am not going to waste words as said before, do what ever makes you happy.
Little sidenote though that 100 which you all speak off, when did i ever say that it was more than just training money?
But dont sweat it replyin, ill leave it here; )

Grtz mister hotel chain owner sir chain chain