Hello Everyone i recently decided to start doing Forex trading. While i was searching around i came across this web site that claims to have a good system and i just wanted to get some advised if you think it could be a scam
not sure if i can post the site link
the website is nomorebinary.weebly.com
Any feedback would be appropriated
[B]Dude personally I have stayed far away from all those websites, especially if you have to pay for anything. You’re already on the best site in the world, have you clicked on that shiny School button next to home and next to blogs? I graduated from their school and practiced on a demo account for 3 months and I have been trading live for about a month or so and everyday I’m learning more just from actually trading with real money. Lucky for me I have a great money management strategy so my account hasn’t taken a big loss that I wasn’t willing to take. You just need to find a strategy and stick with it. Me personally I like scalp trading. And I scalp everyday at the same time right when big news is coming out and I only trade EUR/USD. Just find what kind of trader you are. Aggressive or conservative. Then find a strategy that complements that. Honestly you can make trading as hard or as easy as you want. But make every day and every trade a learning experience. That is my two cents, hope it did something for you. [/B]
I agree with you Scummy…
…and I LOVE pink color however its difficult for my chinky eyes to read your post lol…Do you mind changing it to dark one?.. I thought I should ask…only if you dont mine…
Thank you in advance!
[B]Hating on my beautiful pink! Totally a boy FYI, but when you big pippin like me you can feel masculine using PINK as your font color! LOL How about some plum action!?!? You should see my charts, quite colorful hahahahah!! Short EUR/USD at 1.35203 +104 pips at the moment. [/B]
Never heard about this and looks like a website with free domain + hosting. No offense but not even worth to watch it.
You do not need to explain. It’s acceptable and I totally " get" your color scheme LOL… ( wait, uhm, hmmm… I so don’t lol)
Thanks!
Weird… This post directly contradicts the opening post of your new thread… Lol
You got the gullible members GP00053, Dudest, and Fury to believe you though. Good one.
[QUOTE=“SCUMMY666;587302”]I’m so tired of reading can it be done. Prove to me, some random person that it can be done. And that you need thousands if not apparently millions to make great money trading… Mark my words interested people in wondering if it can be done… it can! Read on!
I started trading at the young age of 24 years old. I hate working for other people. I’ve had easily 40 different jobs since I was 15 years old and went to numerous colleges and trade schools (not trading schools lol) college was boring and I was ONLY interested in women. Trade school just reminded me of the military (11Bravo BABY!! 3rd-Infantry Division Fort Benning, Georgia HOOAH!!!) and learning to become a diesel mechanic with the “claims” of making $100k a year right out of school motivated me. Well after getting a job with Cummins I got fired a messily 3 weeks into my so called perfect career. Let’s just say that’s been my life story. I either have someone fire me because I’ve knocked out a employee or boss (kinda have some rage issues) or not showing up or just quitting. My entire life someone else has had control over my cash flow and with two words it’s taken away from me yet again… YOUR FIRED!
I got turned on to trading from watching Amy Sangsters fine a** buying a Lamborghini at my age, which pissed me off because… well… I WANT ONE!!! (I’m an only child also lol) I did some research about her and her story and mmmmm I could listen to her talk all day long… That sexy Australian accent mmmmmmmm… Sorry lol. Well she has this company for trading and teaching you blah blah but psssshhhhhh I hardly have $5 to my name much less almost $700 for a membership to her company. We exchanged a few emails and again mmmmmm lol but I never bought into her company, why should I make her more rich I thought. Then I stumbled upon babypips.com they have a F R E E “school” I thought ummmmm yes please that’s in my price range. Being super interested in making my “millions” it took me merely a few hours in a single day to complete the school and when I was done I was so confused about what I had just read but applied the fundamental and technical information they taught me on my demo account. In 3 months of trading my demo account I felt that this trading thing is simple I got this in the bag…
Bring on the REAL thing!!! I opened a live account with $300 and with no actual strategy just blind trading, blew maybe $100 of my account first week. So I added another $200 then lost another $100… This isn’t the millions I was expecting. Added my FINAL $150 to my name and I mean that was it I was flat broke and I have a daughter to support. So in total my investment in trading is $650 that is it I have not added another cent to my account since then. After that first month I was desperate to make money and kept reading that you need to find a strategy and stick with it. So that next month I was looking for my “holy grail” (of course we all do duuuuh) tried this one made some good gains then over leveraged and wiped those gains out but didn’t lose much less than my account balance I repeated that maybe 2-3 different strategies for the second month. Now I need to clarify something here, when I opened my live account I quit my $9 an hour 40 hour a week lube tech job almost 50 miles from one of the houses I grew up in that my aunt (she’s only 9 years older than me so she’s like my sister) lives so when I was working during the week days I slept on a couch at a friends apartment and we worked together so I caught a ride with him everyday. Became waaaaay to much of a hassle and the cons very much out weighed the pros so I quit and remained living with my aunt at her Dad (my Granddads) house. It was only her and I and we didn’t have to pay rent. Lucky for me she paid for groceries and the electricity and the satellite tv and the water basically she paid all the bills I only paid for my own personal internet a mere $60 a month. Keep that in mind! My monthly bills were ONLY $60 a month!!!
Well that third month of live trading changed my life FOREVER!!! I found my own personal “holy grail” strategy. It’s a breakout strategy and I ONLY ONLY ONE MORE TIME ONLY STILL TO TODAY ONLY… trade GBP/JPY!!! That’s it one pair. Here’s the plan I wrote down and followed it to a T!!! I decided that I am only willing to lose 50 pips on any single trade, that’s it that’s my stop 50 pips. I decided this when I set a record for myself by losing 107 pips costing me $160 remember I only had $650 in my account so yea I was leveraging the entire house on my trades. I like money and I want lots of it and NOOOOOW (only child remember). So that’s my risk 50 pips. And I have read and learned the hard way to let your profits run. I use to set a trailing stop but I kept getting stopped out (profitable) but the trade shot up another 100-300 pips at times and that pissed me off so I quit using the trailing stops now when I’m up 50 pips I just bring my stop up to my entry or about 10 pips up to cover my spread. So out of 10 trades I was losing maybe 1 or 2. And they were never consistent it was always winning like 5, losing 1, winning 2, losing 1, winning 6, losing 1, you get the point. And my losers never bothered me because I would make 50 or 100 or 150 or 200 pips then lose 50 but on one trade. So I would go up 50 pips plus, another 200, plus 100, plus another 150, then I’d lose 50 big whoop! I would exit my trades whenever I wanted. My best trade I made 245 pips it was open for about two days and when I woke up the next morning of the third day it was up like 250 as I was quickly freaking ecstatic I closed it and it got me 245 pips because it was right after a news announcement so the market was extremely volatile.
So that is my risk management. Here is the plan I created and wrote down and followed it exactly. My month goal was 400 pips. And brother let me tell you if you cant get a messily 400 pips per month you need to find another strategy, because there was weeks I made almost my monthly goal. So the first “round” (that’s what I like to call it) I made $1 per pip for 400 pips earning me $400. Next round $2 per pip for 400 pips earning me $800. And so on and so forth within the first full year of trading I made $30k from $650 starting balance. I was extremely excited because I didn’t do anything to earn this money! Forex for me is a money printing machine because I would withdraw money and immediately make that money right back like it was free money! So year two starting with roughly $30k in my account I started the first round of that year making $12 per pip. At the end of the second year I had made $100k out of my $30K at the end of the year I was making about $10k per round! Starting year 3 and withing about 3 months of the year I maxed out what I wrote for my goal I wanted to be making $100 per pip at 400 pips per “round” and now I’m currently making $40,000 per round only risking $5,000 per trade, my best month to date was (rounded up) $100k within 1 month.
Since then my daughter and I live in a extremely nice neighborhood, I am a member at the prestige country club and golf course they have, I take her and pick her up everyday to and from her Christian private school (tuition is about $10k for this year), I bought (with cash) a 2014 GMC Denali 2500HD DIESEL (huge lift, mud tires, just ridiculous) and I put down $60k on my 2008 Lamborghini Gallardo Superleggera because that’s the goal we all wanted anyways was a supercar. And I have started investing in silver, gold and platinum bars. Other than that I mean I have perfect credit so I have a Chase Sapphire Preferred credit card and a Amex Platinum card which I use for her and I to eat at those “fancy” restaurants and for traveling. But we still enjoy our Mc. Donalds lol nothing makes me laugh more than drive through fast food in the Lambo. God is extremely important in my life and I know that without Him none of this would have been possible. I donate money to our church in the thousands of dollars and I am currently talking with our local hospital to see if I can’t buy my own wing! I just think that would be very admirable and I’m a c00cky SOB so I want my name on it! lol. Just trying to be a good person and not the normal rich A holes.
In closing, YOU CAN make amazing returns on a very little investment of $650 in cold, hard, last money to my name cash. Losing or giving up was not an option, failing my daughter was not an option, luckily I had great people around me who believed in me and supported me for that first year. God is a very amazing guy and I highly recommend you ask Him to come into your life! I hope anyone who reads this does just that and one day we can kick it in Heaven together. God Bless and Happy Trading! Don’t give up! Make a plan, stick to it, and conquer it! It can be done! Trust in God, he will guide you down the path He has planned for you.[/QUOTE]
Oh wow!! Here’s what I find amusing. Another legend in his own mind. Anyone who doesn’t subscribe to his usual, “I know everything” is gullible, Same suit different color; hangs around a few months and posts calling other traders, gullible, guru’s etc. and soon as people stop paying attention to his B.S. He says just won’t learn, time to move to another site and try to sell my B.S. There.
[QUOTE=“gp00053;587807”]
Oh wow!! Here’s what I find amusing. Another legend in his own mind. Anyone who doesn’t subscribe to his usual, “I know everything” is gullible, Same suit different color; hangs around a few months and posts calling other traders, gullible, guru’s etc. and soon as people stop paying attention to his B.S. He says just won’t learn, time to move to another site and try to sell my B.S. There.[/QUOTE]
Lol. Don’t be mad you got fooled. Everyone wants to believe a success story.
I’m not mad. Like I said lemongrass in you own mind :59:
This is no legit or near to regulated broker. Find some trusted website to check for good feedbacks
and reviews of different brokers. Like this one
Did a little digging on our buddy the storyteller (seriously people, if you can be doxxed in less than 2 minutes you shouldn’t be using the Internet). I’m not going to post any of what I found (which included some amusing and very unflattering photos on a bodybuilding.com profile), but let’s just say I find his story even more laughable than I did before!
Being a successful trader requires at least above-average intelligence - likely lacking in someone who doesn’t appear to be able to manage his native language beyond a 5th grade level.
Careful what you post on the Internet, kids.
Ofcourse, you will always have a doubt and skepticism when you hear or read about success stories specially in trading however the last time I check, the market do not required a Master Degrees or a PHD from [B]DUMB[/B] University…It is an opportunity for anyone to trade no matter what their educational level/background is, nationality, male or female and even if you are cleaning toilets as your regular job… It doesn’t matter… Sometime, they are more successful than those who flaunt of how many degrees written in their names because they have more determination to be successful at it and they know what hard work means and how discipline works, money management and have [B]No Debt[/B] what so ever…
So yes, be careful what you post on the internet because even if a 5th grader level can understand what they read and what you post and have a Common Sense that is greater than your IQ…
I’ve been trading for a very long time. I’d like to think that I’ve seen it all. General rule of thumb is to stay away from any of the below …
Pie in the sky type of promises … 1000%+ returns, etc. Or promised returns. Forex is like any other investment out there … you risk your capital for a potential return.
Holy grail strategies. No such thing. You can toss a coin and forecast tomorrow’s price … predictions are just that good. Bottom line: you don’t know what the market will do tomorrow. You have to be prepared for various scenarios before entering the market. Often times guys selling strategies will back date their work and fit-test their strategies.
Big money signals. These would include your expert advisors that have flooded the market and target innocent folks looking to make a dime. One word of advice: don’t ever trust a program to run your money. Bad idea. Period.
Good luck!