The Perfect Edge
- Thread starter ElectricSavant
- Start date
Why... no.
Gee, thanks a lot!
For those who read the sKaLpZ blog, it's best read from beginning thru current, as most jokes are time-sequenced in order.
Start with the archived gags.
Hopefully, now sKaLpZ can make the big bucks.
dd
fellah's
I just got another trade closed...oh my gawd...
I put another entry in and rockin' and rollin' and maybe the Forex God will be kind to me and grant me short durations.
Current intratrade DD = 1/2 of 1/10th of 1% (I am dead serious)
archy
I just got another trade closed...oh my gawd...
I put another entry in and rockin' and rollin' and maybe the Forex God will be kind to me and grant me short durations.
Current intratrade DD = 1/2 of 1/10th of 1% (I am dead serious)
archy
I am pleased with 58% a year...but I could learn how to do more...
Hm... 58%...???
Now, um, is this on your entire account balance? On a sub-account balance? Or, on money that you expose to the market (to margin) on a per trade basis?
Because, I sorta count % return I get from the money I expose to market (to margin) when I put on a serious trade (or that turns into a serious trade once I enter the market) as being something accountable.
Typically, I'll shoot for the lion's share - percentage wise - of the cap I have directly exposed to the ForEx via open trade(s) based on margin.
Example, if I have $1000 in margin used on EUR/USD, I got almost 40,000 units in trade exposed to the market.
That's gotta make me, say, over $750 or around $750 when the (overall) trade is closed.
The opportunity for those type of trades haven't happened very often, and usually I've ended up working to save my *** from being eaten by the devil of ForEx.
dRaWdOwN, the god of ForEx
Well I do not have anything to hide. I got my 9k and multiply that with 158% (my goal is 148%) and thats what I have in 12 months. ($14,220)
I will not ask you how much and how...as I do not want put you on the spot.
Michael B.
I will not ask you how much and how...as I do not want put you on the spot.
Michael B.
Heck, I'm not afraid to talk about it.
I'll tell ya one thing, don't even THINK about trading money "for a living" unless you got a $1,000,000 acct.
Anything under that and you're living poorly.
You got lofty goals, Arch. Ones I don't think can be realized.
To get 150% returns you gotta push risk into the BURN zone - guess what... you'll get burned... but not until you *survive* for awhile.
ForEx is a nasty b-i-t-c-h. And ain't no ONE system gonna beat her.
Ya win by having a base in money management.
And, by money management, I mean, you got to know value. What's a good buy and what's NOT a good buy.
You got to know when to pull the trigger... and when to close... for a loss, a break even, or a for a profit.
That which isn't a good buy, you better be on the sell side.
And be ready to switch as soon as it becomes a good buy. Well... a little sooner.
Knowing the difference, then executing trades based on it, separates winners from losers.
There's a lesson in this: How to type 168 words and say nothing.
Take it lightly,
The dRaWdOwN
dRaWdOwN,
I am reeeaalll good at typing....I have over 50 posts here in ET already and its only been a few years.
So the God Forex actually realizes that my ACTUAL 58% in NON DIRECTIONAL FULLY HEDGED trading is pretty damn good. AND can only say that it will not last...well I know that!
But the Archangel of Forex is frantically looking for another system for a back up..so until then I am going to enjoy it.'
dRaWdOwN I never take you heavy
TAoF
I am reeeaalll good at typing....I have over 50 posts here in ET already and its only been a few years.
So the God Forex actually realizes that my ACTUAL 58% in NON DIRECTIONAL FULLY HEDGED trading is pretty damn good. AND can only say that it will not last...well I know that!
But the Archangel of Forex is frantically looking for another system for a back up..so until then I am going to enjoy it.'
dRaWdOwN I never take you heavy
TAoF
Hm... NON DIRECTIONAL FULLY HEDGED trading, eh?Quote from ElectricSavant:
dRaWdOwN,
I am reeeaalll good at typing....I have over 50 posts here in ET already and its only been a few years.
So the God Forex actually realizes that my ACTUAL 58% in NON DIRECTIONAL FULLY HEDGED trading is pretty damn good. AND can only say that it will not last...well I know that!
But the Archangel of Forex is frantically looking for another system for a back up..so until then I am going to enjoy it.'
dRaWdOwN I never take you heavy
TAoF
Sounds pretty good!
Suggestion... cut back on everything... and you'll already have your backup system in place.
Or, show me the system and I will fix it for you so it won't lose.
It's just a flucuation,
tgof