How I made 500 PIP

Discussion in 'Forex' started by Teres, Jun 12, 2005.

  1. I think all times should be posted in EST. It gets confusing if people post with local times.
     
    #11     Jun 13, 2005
  2. Teres

    Teres

    Hi, I mean, that next week I expected direction GBP/USD , down-sell, limit 100 PIP and NO STOP LOSS!!!

    Last week I this way expected GBP/USD the price 1,8240 buy,limit 100 PIP again.

    Than how you can see, first 1,8406 so + 100 PIP, than go down to 1,8000.

    Weekly strategy from monday to monday.

    Hi
    :)
     
    #12     Jun 13, 2005
  3. Teres

    Teres

    #13     Jun 14, 2005
  4. Teres

    Teres

    #14     Jun 24, 2005
  5. so far you are making money, but once you will start adding leverage and market goes against you it will cost you a lot...50 pips stop/limit/loss is non sense
     
    #15     Jun 27, 2005
  6. Have to echo caution here. You've done well so far, but honestly I believe this is due to market circumstances in your favor (otherwise known as "luck").

    Playing with no stop loss is just insane.
     
    #16     Jun 27, 2005
  7. Teres

    Teres

    Ok

    Thanks for write.

    Im all the time on way to know......I want to learn.So when It was luck, how you say,

    I going to win again............:)


    Hi Teres
     
    #17     Jun 27, 2005
  8. Teres

    Teres

    #18     Jul 4, 2005
  9. Not bad, Teres!

    With a 50/50 strategy like that, if it is managed properly, it probably could return some awesome pipage ongoing.

    Obviously a lot of thought went into Teres' system.

    It just goes to show the different ways money can be made in the forex.

    Good job, Teres! Thanks for the example.

    Keep up the good progressing!

    sKaLpZ
     
    #19     Jul 4, 2005
  10. Congratulations. You lost 400 pips in GBP/USD, and earned 450 pips. That's 50 pips in profit in 17 trading days.

    How do you decide to go long or short?
     
    #20     Jul 4, 2005