The real reason for the extreme tough trading in the FX?

Quote from moarla:

nobody said that...
500 ticks are 6000 USD single contract
trading with 10 contracts = 60.000/day
= 1.800.000/month
= 12.000.000/year...

so trading with 5.000.000 USD FOREX
that would be:
250.000/day
10.000.000/month
120.000.000/year



but all that doesnt change the primary thing:

500 ticks / day in EUR or EURUSD
(well, some days are 300 tick days )
:-)))
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Your math is not compounding the returns. If your returns were that stellar and you made THAT many pips consistently, why WOULDN'T you plowback your returns into your account and compound everything????

I hope you realize I am only now responding to this thread because it is entertaining...
 
Quote from ScapGF:

Your math is not compounding the returns. If your returns were that stellar and you made THAT many pips consistently, why WOULDN'T you plowback your returns into your account and compound everything????

I hope you realize I am only now responding to this thread because it is entertaining...
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Looking at the EURUSD and EURJPY today is also very entertaining, gotta love those ranges and clean trends...but I agree that sort of math may is misleading and actually nothing to do with prof money management.
 
Quote from moarla:


70 ticks for now
180 ticks for now
Now at least 200 ticks


near 400 ticks .-))))
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What do you mean by "near 400 ticks", what does it represent? What are you counting, and why?
 
well you can trade how much contracts you are comfortable with...
i would say in the european morning with 10 - 20 contracts maximum you would have not too much slippage, with more i would not be really happy...
in the US session maby with 30-40 you are ok.....

on the FOREX it depends on your broker how much liquidity he provides you...
for the most brokers 5.000.000 is the number b higher you should not go...

i know brokers where you camn execute 100.000.000 with a single click, if you are interested in....


so it depends on more then investing all the money....


thats the nice thing on the ES, there you can go also with 200-400 contracts with no problem.....
 
Quote from cabletrader:

What do you mean by "near 400 ticks", what does it represent? What are you counting, and why?
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i said bevore, i trade the EUR future 700 Volume chart as my main chart, and when you look at the clean swings there you make from 300 - 500 ticks / day....
(should be similar to a 3 min chart, but i prefer volume charts for my indis)
 
Quote from moarla:

i said bevore, i trade the EUR future 700 Volume chart as my main chart, and when you look at the clean swings there you make from 300 - 500 ticks / day....
(should be similar to a 3 min chart, but i prefer volume charts for my indis)
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I don't get it, you're counting the number of ticks per swing and adding them up? Sorry I don't get the point, wouldn't it be easier to just look at a chart? And why update your counting on this thread? And what are you actually counting them for in the first place?

I must be missing something....

:confused:
 
i counted the ticks up, because someone said, there are not as many ticks to make on the euro.... so only for fun today :-)


here is the chart i trade, if you cant see the swings, what can i do....

the ticks are there


(time is Frankfurt: strarting from 8.00 in the morning)
 

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Quote from moarla:

i counted the ticks up, because someone said, there are not as many ticks to make on the euro.... so only for fun today :-)
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Oh ok, just for fun, I thought you were trying to calculate something and I was going to suggest using a program to do it for you, doing it manually over a large enough sample would take forever!
 
Quote from moarla:




here is the chart i trade, if you cant see the swings, what can i do....

the ticks are there


(time is Frankfurt: strarting from 8.00 in the morning)
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Thanks for the screen shot. What size stops do you use for those trades?
Good trading...
 
my stop is at - 10 ticks
its a protective stop only in case my internet line goes down

if i am not right my indi tels methat and i go out with a market, my stop never will be touched
 
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