Double my money (forex)

Discussion in 'Journals' started by mr double, Feb 11, 2006.

  1. jobs are low paying,i had other expenses ,besides i was learnig
     
    #31     Feb 12, 2006
  2. Mr Double,

    I want to understand this:

    If you start with 50k do you double it to 100k in month one, and then 100k doubles to 200k?, and then 200k to 400k?... and so on....

    or...

    do you simply profit with 50k a month for 12 months...

    Thank you for your time...

    Michael B.
     
    #32     Feb 12, 2006
  3. What does this mean. Please forgive my ignorance...I highlighted in blue my confusion. Also those quotes after each pair...what do they mean?...

    Please again, forgive me, but please answer my last two posts...I want to follow along.

    Michael B.





    no limits,no stops ,will close at any time i want,trading size 50 minilots(500,000)

    will sell at open today gbp/chf,usd/chf,usd/jpy
    buy at open eur/usd,gbp/usd

    entry orders sell gbp/usd 1,7521 1,7649 1,7695
    cad/jpy 104,41
    usd/chf 1.3116 1,3190 1,3280
    usd/jpy 119,33
    eur/usd 1,2027
    gbp/cad 2,301
    buy gbp/cad 2,001
    usd/chf 1,2675
    cad/jpy 97.80 101,57
    eur/cad 1,3570
    usd/cad 114,95
    eur/usd 1,1763
    usd/jpy 115,67 116,05 116,65
    eur/jpy 139,09


    it doesn't mean any of this orders will be triggerd,besides i can cancel it any time,if see something goes other way ,than i expected
     
    #33     Feb 12, 2006
  4. actually my trading style 1-3 open position at any given time,5% each
     
    #34     Feb 12, 2006
  5. Ok now I am really confused...I am just stupid I guess...I will watch and figure it all out along the way I guess, in my savantish way...forgive the intrusion..

    Michael B.



     
    #35     Feb 12, 2006
  6. entry order sell cad/jpy 104,41? you place order to sell wenn the price will be 104,41
     
    #36     Feb 12, 2006
  7. What does this mean?


    usd/jpy 115,67 116,05 116,65



     
    #37     Feb 12, 2006
  8. buy at all these prices
     
    #38     Feb 12, 2006
  9. Mr. Double...

    As you get your executions may I request you post your actual open positions and at what price as they occur...

    Also the levels that you have posted if there are any adjustments to them will you please publish this here as it occurs...

    I know your Journal is time consuming, but for me to follow along I need to ask this.

    Could you please answer my doubling question?

    Thank you for your speedy clarifications, thus far...I hope you find this journal a help to your trading. I find being accountable to myself is important and I have learned that here in ET...

    Michael B.
     
    #39     Feb 12, 2006
  10. yes i always post my every step,but i think you can have problems to follow ,cause i can close at any time
     
    #40     Feb 12, 2006