Day Trading the Forex for Profits...

EUR/CAD stopped, 1.05% loss.

Approx. 1.30% loss today.

Final profit from last week was 1.75%...slow week last week, and off to a slow start this week.


EUR/AUD short at 1.3855

20 pip stop risking 1%, 25 pip target
 
Quote from spinfoiltrading:


Win or lose, we get exactly what we want. If 12% is all you want, that's all you'll ever get.

Excuses my long windedness... but the point is you CAN make MUCH more than 12% per year, and it will probably in reality be LESS risky than your current method is now, less prone to draw down, less prone to negative market situations, bear markets, bull markets, news...etc.

BUT, you have to REALLY want it... and that starts with believing it exists. Period.

Send me a PM with a sample of what criteria you look for to take a trade, as well as exit criteria. Also, feel free to ask any questions. I won't be discussing nuances of my method here, as I said before. BUT, I will answer you in a PM with what I can.

Hope to talk soon!

Greg [/B]
More...

:) +1. I do believe you know some truths. Best wishes... sending good thoughts your way.

What all are the pairs you trade? Do you sometimes wait for news to come out to rule out potential slippage or is the timeframe you trade in make the inconsequential?

A visualization of your goal plus a burning desire to achieve it is a recipe for success. This much I know.

Thanks
 
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