The forex market…in fact ANY market is represented by price marching through time.
It is not represented by time marching through price.
Thus the whole forex market is just represented by 2 elements and they are price and time…of which TIME is primary. Time is the important factor and price is immaterial.
95% of the players…the ones who lose money focus on getting in on the right price…so they end up ultimately losing all their money. These are the ones using charts and indicators and technical analysis and all the mumbo jumbo to get the right PRICE…hahaha…how little they know.
The remainder do not even look at price…they look at TIME.
Simply put…when it is the right time to go in… you go in at ANY PRICE…be it buy or be it sell…you buy at ANY PRICE or you sell at ANY PRICE.
PRICE is immaterial.
Can you say it is the same the other way ??..If you find the PRICE is right…can you go in at any TIME ??..you can’t because if you waited, the price would no longer be right.
So the secret to it all is in finding the right TIME to do a trade…NOT the right PRICE
I am now confused… In your OP post you said you are a newb and now you have 6 accounts to manage and given a title of Fund Manager From 0 to hero in 3 months…you must be new Jesse Livermore, LOL
Sorry not really had time to keep up with the thread recently, have you shown at any point your current open positions yet?
I would imagine that is starting to look quite nasty if your doing what everyone thinks you are doing even with the ceeseburger stakes your playing at.
Forex is like anything and everything else in business.
One rule sticks out like a sore thumb and that is…Those without the knowledge will always have to pay their money to those with the knowledge.
Just took more profits from the market…an admin here says I am not allowed to post my results here so if you want to find it you can go to FaceBook and I am not giving the page…you use your intelligence or you may have to pay someone for the knowledge.
6 accounts in all…would come to $138…that is ceeseburger to the high roller who scoffed at it.
GUMP… Master001 has been trying to get hold of you for the past week. Switch on your phone. He will sponsor trading capital for you if you are serious about learning. You will be given a 30% profit sharing.
Thats cute, I just closed my one trade on AUDCAD with a profit of $712, thats just over 4 days I hung on to the trade, where as yours seems you take profit as soon as it ocmes in…
Plank
From 0 to hero in 3 months…you must be new Jesse Livermore, LOL 