thanks
my system works anytime and you dont need to wait for signals and thats what i like on my system.friend of mine paid for course to learn forex and some system that he can use.the guy showed him system similar to cowabunga system i mean wait for signal and then you might take 5,10 pips profit and maybe 100pips profit if is good trade but who knows if you dont take the 10pips you might as well end up with 10pips loss which is more luckily that you gonna end up with and thats how end up the friend of mine.after many lost accounts he kept one (10 000$)for long term but with loss of 7000$.2 weeks ago i teach him my system and he was able to make 4000$ from the 3000$ he had left in 3 days and he enjoy the system with fun no stress.last week he made over 1000$ in few hours because he had no more time for trading as i do too.if you dont success in demo then you have no chance to success in real trade but if you do success in demo then you have good chence to do so in real trade.my advise to you change the pair to GBP/JPY because you can make better profit then with other pairs.i do USD/CHF as well but as you see in my daily updates i dont make good profit compare to GBP/JPY and it is just pain in the ass.im finished with this pair and gonna focus on GBP/JPY only.dont forget to find broker with 400:1 leverage you`ll need it to success in my system.good luck and keep in touch.
i just got an idea try your system with GBP/JPY pair only and post your daily loss/profit here so we can compare our daily loss/profit with mine and see how our systems works.thanks
i will and just follow my steps please.
i`ve set first step you have to do this week so give a try and place any questions here.just to remind you focus on the indicators and learn how they works in 15-30 minutes and 1-4 hours chart preferably in GBP/JPY pair.
thats good that you think it is going up and i just hope it goes.but ill go short (sell) to show you all how my system works and try to make some nice profit.
i`ll post my progress
for newbies: avoid trading when the price is touching maximum price and wait if its gonna break through or not.from my experience with USD last 2 weeks where the GBP/USD touch the top price 1.9800 and break through approx. 300pips up.so this is for me very dangerous position for entry because its unpredictable where the price can go and is better wait.its good to have some other pairs that you can use while youre waiting for good entry in your main pair.on the other hand what is the system for if you don`t test it the hard way and learn from mistakes so you can do it better next time and stay away from loss and learn what you can expect from your trading pair.
well thanks for posting this and that was the reason for exemple with the USD why i had to make changes in my system to avoid of total failure or loss of mine whole account.
thats why im using GBP/JPY and USD/CHF because if there is something going wrong for exemple with GBP economy or whatever i know it will not affect the USD/CHF pair or the other way around.i have learned my lesson when i was using GBP/USD,USD/CHF,EUR/USD pairs.what happend USD economy total disaster and GBP/USD,EUR/USD went up and USD/CHF down and my entry was the other way.stupid newbie but people are learning from their mistakes or not.
youre right again and i would rether avoid to trade this pair because its in unpredictable position and i know what im talking about i have gonne through fire in this pair.if you want to gamble you can try luck in casino but instead use some pair in better position which will be easier to predict.avoid the USD its just unpredictable now.
Sometimes i secretly wish to myself in the corner of my mind that i could go back to those first days when i was a total noob and making money, when i knew so little and wasnt pregnant with the weightful philosophy and speculative theorisation that nobody can avoid encountering for too long.
I smile upon you
Teach me oh great noob one i SAY!
Washeth me in your simple ways and cleanseth the burden that knowledge has placed upon my shoulders. Purify my mind!
Ask of many, “What account balance should I start with?”. If you get three different answers open three demos with those balances. At the end of each day post the results per demo.
We all know trading real funds is different. Just knowing the possibilities is an awesome thing.
I’ll be watching your progress and posting in you favor.
[QUOTE=pipgod;9020]Certicex, my friend. I have a challenge for you.
Ask of many, "What account balance should I start with?".
that`s very good question
for everyone: your starting balance should by the money you wiling to start with in live account.if you wiling to start with 500$ in live account then you have to open 500$ demo account and not 10000$ one its different if you make 10%-30% profit in a week with 10000$ which is 1000-3000$ profit and you say wow thats enough money for me but try to make those money with 500$ balance then its not only 10%-30%profit but 100%-300% profit and to make such a profit means you playing with high risk of loss then you should rather try luck in casino and thats as well the reason why many fail.dont try to double or treble your account instead set the maximum of money(not pips)what would be enough for you to make in one day or week with minimum of risk but no more than 50% of your balance.i wanted to start with 3000$ account but now i know thatll be 5000$ account and ill try to focus on to earn 500$-1000$ profit max in a week maybe less from begining.my first well second try there was one already with 100$ after 2 days in forex bussines(such a stupid newbie:D ) and this one will be 300$ account for reason to test my broker (not my system)because its easier to say goodby to 300$ than 5000$ if there will be any problem i`ll have to find a new broker.
Place not live trades.
