Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    i did withdraw and i got a nice broker rebate equal to my initial deposit my broker is becoming rich i did lose 20000 on a day but those who live by the sword must expect to die by the sword:

    EDITi think i went from 7000usd to 58 thousnand in 3 trading sessions a dream run and then i woke up.i got carried away my goal was to make 500 usd a day

    nh10.png
     
    Last edited: Jun 27, 2019
    #691     Jun 27, 2019
    Onra likes this.
  2. padutrader

    padutrader

    #692     Jun 27, 2019
  3. padutrader

    padutrader

    i do not really mind 'slow movement' when i started froex there were a lot of stop runs.....today liquidity has increased so much that there are none.....not that stops do not get taken out....but rarely does a stop get taken out and it goes your way ....IMO IME e is for 'experience'

    i hate stop runs ...that is the same as being mugged
     
    Last edited: Jun 27, 2019
    #693     Jun 27, 2019
  4. Overnight

    Overnight

    A true profundity. Don't lose all your gains, now is the time to be humble.

     
    #694     Jun 27, 2019
    padutrader likes this.
  5. padutrader

    padutrader

    sold short eur usd nh11.png
     
    #695     Jun 27, 2019
  6. padutrader

    padutrader

    see my posted trade it may give you a smile
     
    #696     Jun 27, 2019
  7. Holy cow, Padu that is awesome. You are gonna get rich. Do you have any unmarried daughters? LOL seriously my hat is off to you sir. I know, I know-- the magic of margin. Still that is good and it took some balls to bet out like that. Glad you made some significant withdrawals already. I would hate to see you tank your account and have to start over again with pocket change LOL.

    I have looked at the EURUSD charts over the last few days and it does look like there has been a good bit of action. Enough to make some serious bling even with only the 50x margin allowed over here. Well I will leave it to you. My stocks trading seems to be turning a corner. I am almost certain I will be putting in for my retirement next week and soon putting about $80k to work trading them intraday. I really have put in a lot of work learning this stuff and I am finally seeing promising results.
     
    #697     Jun 27, 2019
    NQurious likes this.
  8. padutrader

    padutrader

    yes i want to keep trading and earning....
     
    #698     Jun 27, 2019
  9. Overnight

    Overnight

    See my advice, and my words. Don't get cocky. Humility is key now if you wish to keep those gains.
     
    #699     Jun 27, 2019
    p0box4 likes this.
  10. padutrader

    padutrader

    i was just plain lucky.....i was aiming for 750-1000 usd a day: to put it in perspective that is what my wife earns in a month after working for 25 years in a major pharma company. i pay my maid 15 usd a month
     
    #700     Jun 27, 2019