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ok employ a larger stop. this mean fewer trades. but ensure that the risk reward is 2:1 at least. I hope u get back into positive territory b4 end of month.

Ok. u sound like u have regrouped and i look forward to more of your comments. but i still have concerns over your money management. As you yourself highlight. you have more wins than losses but u still wind up wiht a negative result. why r u cutting the winning trade, surely if you can...

im starting with a small comprisable amount. i understand 10% is too much position sizing. risky is 5%. I will reduce this once the balance gets over 100K. Shorted the pound@2.04352 currently up just over 8K but little bit lost in my wave count. will need to reasses tonight

welcome your critique but thats why i made this public to see if it can be done. i willl never make 20% per month on 5% position sizing. cant u understand that ? that would require me to make 4 times as much to make 20% as it does now. I think i will b profitable.

5K is highly unrealistic for this guy. you can only make 100-200$ per day on a good day. on a bad day the same with a negative 100 or 200. the guy needs to go back and learn the craft. Money management is awful. profits have to be quite big compared to losses as we canonly b 30% or so...

My apologies. 10% on every loser. my objective is too stay in the market. i didnt make that clear. after a loss. i gamble 10% of the remaining money on the next trade. Currently short on Cable. up quite a bit. really wanted to go long but method said otherwise. one of the few times this...

frustrating time. would like to trade but cable got out of blocks too fast. hopefully can buy on a pullback providing risk reward strategy is honest.

Missed my chance for going long on gbp. now up 200 pips. my order was 30 pips from its dip @ 2.0252. now currently over 2.0450.

10% is too much per trade but its the only way i will make 20% per month i figure. its risky but im going the whole hog. im getting older and have to take the risk now. if im as good as i believe then i shouldnt lose the lot. if im wrong about myself , i will lose the lot and perhaps look at...

Hi Sobi, no breakouts. definitely pullbacks. Im trying to catch cable at moment. Only 10% per trade. thats still double what risky is defined as. 10 poor trades in a row and im out. but i think i have as high as 30% or 40% success rate on a trade. that is more than enough to rake in a fuck...

want to xplain myself. I as most others here have lost a fuck load on trading.nearly 50K or just over. However doing that gave me the skills. 6 years in teh business and a hard core ELLIOTT WAVE man. Perhaps i have the reqd skills, perhaps i dont. you will see over the next few months if im...

Hi. I am an FX tragic from way back. Mainly trade the one instrument gbp/usd. Like the idea to long gbp/usd but think your entry is too early. waiting a couple more days or if price hits the 2.0215 or there abouts. my entry criterian hasnt been met yet so willhave to wait until it is...

a lot of people dont get it. neke suffers drawdowns, some 90K in a month. but that is only when his balance is quite large as he position sizes on the capital base. as his capital gets larger so does his trades as does his profit as does his loss. Neke has suffered massive withdrawals at 200K...

Please note: I am not giving myself the pressure of definitely returning 20% per month. As such my rules are: Only trade the trend. Only enter into a 3:1 risk reward strategy Always employ a stop equivalent to 10% of my capital Only enter at most 1 trade per day. Will look to pyramid as...

16/8- end of September 50K =K 6743.50$ Profit. return / month: 13.48% Please bear in mind. 10 % of my Capital is extinquished with each wrong trades. Will put my trades on here as i execute em. so u can see im not full of shit. Cheers.

the ground rules are these: I have given myself the challenge of 20% per month. I am using a 10% position sizing strategy. 10% of my K will b extingquished on each losing trade. If this thread stops for any means, u can assume my K has been extingquished. I have traded for 6 years and will only...

i will post my weekly returns and summarise on a monthly basis

Inspired by traders like Neke. I have given myself the challenge of 20% per month. I am using a 10% position sizing strategy. 10% of my K will b extingquished on each losing trade. If this thread stops for any means, u can assume my K has been extingquished. I have traded for 6 years and will...