All i got to say so far is atleast im willing to put it out there. Yesterday kindof turned into a nightmare done trading at work… love the lols that are flooding in. All i have left to say is atleast i have the courage to put it out there. Got a few toomany hey you come here do this. My work right now is pretty simple but some days you cant sit down for more than 5 mins.
[QUOTE=“avilanch2001;495519”]All i got to say so far is atleast im willing to put it out there. Yesterday kindof turned into a nightmare done trading at work… love the lols that are flooding in. All i have left to say is atleast i have the courage to put it out there. Got a few toomany hey you come here do this. My work right now is pretty simple but some days you cant sit down for more than 5 mins.[/QUOTE]
Could have saved yourself a half bill by listening to people who have been around or maybe even in the situation. You may win the lottery trading but if you keep the risk high it won’t last. Especially at the early stages ( the first 2-3 years). Give yourself some time to stay in this business by reducing your risk.
I’m happy you’re back. And didnt punk out.
thanks IYA I don’t back down from what I say I’m going to do. I don’t consider that account blown by the way. I cant speak for everyone else thoughts on the matter but I know myself how i feel and think as well as my situation. I’m not jumping in and expecting to master something I’ve never done before. I’m not gambling and not guessing. Most of the trades I made were profitable at some point. maybe not hugely profitable but profitable at the least. But why am I defending myself? I’m not doing this for attention or to prove something. I’m doing this for myself for my wife for my carrier. Oh well guess I couldn’t expect much more than I told ya so either way accounts still being traded and I haven’t given up on pulling it back up. laugh if you want to.
If you really want it, you can do it. But I suggest educating yourself and in the meantime saving up an amount where it would be meaningful to trade. there really is no rush, the market will always be there.
Not to get off topic (of forex that is) but if $50 is what you’re working with, I would look at more stable long term investments. Especially with that Military ID (30% off at White Castle, can you say golden ticket?) you can get a Roth IRA with no fee and no minimum deposit required, and if you were to save just $30 a month for 35 years you’re looking at over $125,000 after 35 years. Even if you decide a year down the road that you’re poor as dirt and absolutely need to make a withdraw, you’ve already paid taxes on it, so the extra earnings are yours forever. I know it doesn’t do anything to make your situation easier now, but it ensures that you’ll be comfortable (or at least not have to worry quite so much) as you grow older, and honestly living on a shoestring doesn’t feel nearly as bad when you’re looking ahead.
Didnt know that. I will do some checking into all of that… unfortunately no white castle in korea… 
Thanks though for the info. def gonna do some research into that.
I haven’t visited your thread for past few days. I saw what you did and read some of the comments as well.
Since you asked me what I think if it is impossible or how you can make it possible, I will say it is possible [B]BUT[/B]…
What you got going on right now every penny counts so that $50 that you just spend is as important as buying groceries for maybe a week (depends which country you live in). So if you haven’t been practicing frugality, this is it…this is the time atleast temporary.
I am aware of your career/job right now as like I said before 5 of my family members who are currently either retired or in active duty. It is an honorable duty and I always pay respect for the man/woman who are in their uniforms. However, since you are one of us who are also aspiring to be a profitable trader (that is why you came to this site for a little help), you have to listen to those who are experience traders around here. We all been there losing money at the beginning and facing failure after failure. When someone criticize you about your trading strategy, as long as it is valid, take it as is and maybe they are right about their comments how you trade.
You already have the advantages to become a successful trader as some of other new traders don’t. As a soldier yourself, you know how to be discipline, practice patience, planning, come up with strategy because you don’t go out in the battle field without any plan/ strategy in hand that you where trained for. You don’t go out and shoot a fire guns either without aiming the target. So what you just did is not what a soldier was train for. Trading a live account without any proper planning/strategy, discipline, patience and maybe just keep pushing button to buy/sell without aiming the target… see what I mean in there? All of your training can also apply in real life on how you manage your finances, how you trade, how to be successful in any career and business that you choose… pretty much all of that traits you can apply.
Maybe you may asked why I go all my way out here because I care so much… I know how it is…I’ve seen enough. I know you can do it, you just need time and apply the traits of a soldier…
…and please don’t get any PHD in a [B]D-U-M-B[/B] University because we have seen enough of those 
Thanks pip. for taking the time to respond Every trade I made though was according to my rules. though it didn’t perform well my first day which really was disappointing. Yesterday I was on fire and with such small trades it pulled in only a few buck but that’s fine because I’m working that nearly blown account back up from the abyss. Believe me I’m not interested in those dumb university’s Ill learn through reading. I also used some hedging last night that worked out pretty well. Thanks for caring I will try to be a bit more toned down. I guess I had been putting the wrong face forward.
Take care
Matt
P.S. were doing alright now. We have a plan to get through the hard times… Sucks but were gonna make it i think.
I am Glad to hear that…
Sounds like you have everything handled but a money management system.
But to be honest, money management is the key to the whole thing. It keeps you from bottoming out in a losing streak, and should profits when you are winning.
Ignore that side of trading at your account’s peril.
Don’t lose hope. This gig pays EXTREMELY well when you don’t feel like you have to double the account every ten days. And anyone who says they have done that, has probably only done it once
Be very judicious in your choosing of trades. Not every setup is an A+ setup. Take ONLY A+ setups. When you can sit on your hands, and not feel like you have to jump in every 10 seconds, you’ll see a change in earnings. But learning that bit of patience is a *****.
Here’s a freebie.
DO NOT ENTER AT MARKET RIGHT NOW. When you see a setup, and you figure out your entry point, profit target and stops, DON’T ENTER WITH A MARKET ORDER.
Instead, set up a pending order where you think your stop should go, then make your stop half the size you had originally figured, and go to sleep. Or go play golf. Not every order will get triggered. But the ones that do, the winners will make you more (because you now have the original t/p PLUS the amount you would have lost if your stop had been triggered), and the losers will lose you less.
Just make sure to cancel orders that didn’t trigger. You don’t need any errant entries long after your setup has disappeared.
Cheers!
Possible of course!
What u need to do(most painful task):
1)Invent your own strategies that can beat the BILLION $ institutions in the game,but is possible to do that?
ANS: yes,but u need a sharp brain & devotion…
2)Money management is secondary,that can not alone save u from blowing account but an insider strategy can do everything for u…
I don’t follow the BS 2% risk model…yes my strategy took 2years to develope (thanks to my Russian friend)…i previously lost 3 accounts when i started but after this strategy i did not need to deposit any money i won many contests in different brokers…
So if u can trade like an insider,u can start from 0$ as i did,money will find u!
I hardly miss any major moves in currency markets,(EX: yesterday many peoples lost but i catched the whole move of E/U & E/J,US GDP brought me 30% gain with only 3% risk)
To tell u the fact:
All the online trading resources are a scam industry so u are not going to learn the secrets behind this TRILLION $ market…
That’s why i don’t often visit & post these forums but i like to help newbies as know i was one of them sometimes ago.
BTW,i started with that contest money(100$) in a russian broker my friend introduced(EXNESS),the balance is not so great but close to 5 figures in last 6 months…
Thanks jack its nice to hear a story of some one whos been there and done that.
You shouldnt be trading EJ, but thats just me…
But hey, all that matters is you put it out there, right?
If you feel that you are keen at trading, may be you will try to find investors and to manage their assets? It’s really hard to earn from 50$
[QUOTE=“huchonok;496076”]If you feel that you are keen at trading, may be you will try to find investors and to manage their assets? It’s really hard to earn from 50$[/QUOTE]
Are you really telling the OP he should manage other people’s money? Lol!
[QUOTE=“huchonok;496076”]If you feel that you are keen at trading, may be you will try to find investors and to manage their assets? It’s really hard to earn from 50$[/QUOTE]
And here was me thinking that my wife was doing a rubbish job of frittering my mon£y away & just when I was struggling to find a replacement, this pops up. Where do I sign up?
:59:we don’t need no lol control
I’m not an employer! You better search it through internet, buddy
[QUOTE=“huchonok;496116”]
:59:we don’t need no lol control[/QUOTE]
Huh…?
just found out you can export mt4 to excel awesome. I was wondering about that before…