TheProfitcy:
This doesn’t seem worth the effort. I’m new to FX and make these amounts of pips after scalping for an hour or so with less risk. No offense to your system, but I think you should do some research and try to put more into it. No, it doesn’t need to be complex but it does need to offer some prettier R:R in my opinion.
Thank you for your advice, Profitcy…but are you not the same Profitcy/Jason who, only a few days back started your own thread entitled: “Desparately need help” in which you wrote:
Hey Folks,
I really need some help here. I can’t seem to do anything right. No matter what I do I end up scalping. It’s driving me insane! My interest in FX came about because of the ability to trade around the clock. I’m not sure if I’m just not trading the right pairs or what, but it doesn’t seem to be working! … I was messing about in the 5Min. timeframe, but I seemed to get whipped around on a lot of false signals. … Anyways, I’m losing my mind. I’m only risking 1% of my account but that works out to be scalping my butt off for $5 here and there. Not worth the risk! Someone please intervene and guide me here! Thanks in advance.
You also introduced yourself as:
Hello All,
My name is Jason E. I’m almost 23 years old and born and raised in Las Vegas, NV. I’m a man of many trades to say the least. Since I left highschool in no particular order[U] I have traded and blown up my own account[/U], been a truck driver, traded for a prop firm, traded my own options account (thriving), still a pilot earning my endorsements, and currently work as a Real Estate Agent…[U][I]I’m trying to learn how to trade Forex[/I][/U] … [U]I plan on funding this sometime in June 2016 and keeping it paper-licious until then[/U]. If you find yourself around Vegas, let me know! [U]We can talk pips and poker[/U] to your hearts desire. I can sit at a table for 13+ hours. Good luck and happy trading!
-Jason E.
Occurs to me to ask have you ever read Aesop’s fable about the “Tortoise and the Hare”?:
[I]"…Hare ran down the road for a while and then paused to rest. He looked back at Slow and Steady and cried out, “How do you expect to win this race when you are walking along at your slow, slow pace?”"[/I]
1 Like