Tradex Forex Journal

destriero said:
No you didn't... @newwurldmn stated you were down 100 pips and you stated, "you mean UP 100 pips."
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I said "UP 100 pips" because I thought he was talking about the GBP/NZD, and this is precisely how this whole conversation started.

You know all this perfectly well but you just want to troll and pollute my thread because deep down you are seriously deranged. I received private messages about you but I did not believe them. Now I know that they were telling the truth, you are indeed a complete nutcase.

Keep trolling and I will report you, you and the other troll who still does not have the guts to post his own trades in his own Trading Journal.
 
Tradex said:
I said "UP 100 pips" because I thought he was talking about the GBP/NZD, and this is precisely how this whole conversation started.

You know all this perfectly well but you just want to troll and pollute my thread because deep down you are seriously deranged. I received private messages about you but I did not believe them. Now I know that you are a complete nutcase.

Keep trolling and I will report you, you and the other troll who still does not have the guts to post his own trades in his own Trading Journal.
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OIC, so you interpreted "HE" as "GBP/NZD" ... dude, you're fake. neww stated you were down 100 pips. You were not in GBP/NZD so why would @newwurldmn be referring to a position that you haven't traded?

Your assumptions SUCK as much as your trading.
 
So to sum-up this journal... mention an FX pair and then wait for it to move, in this case due to volatility in equities, and then take credit for the move regardless of direction. Lose money, rinse, lie, repeat. PLEASE report me.
 
Fellow Forex traders, as a reminder here are the trading results so far:

EUR/CAD: Breakeven
CAD/CHF: Breakeven
NZD/CHF: -10 pips
EUR/CAD: -33 pips
AUD/NZD: -21 pips

Total : -64 pips (as clearly mentioned in post #100).

(Note: There is no imaginary GBP/NZD trade, pay no attention to the usual trolls.)

Also note that profitable trading has nothing to do with the winning percentage. You can lose more than 70% of the time and still make a killing, if you keep your losses short and let your profits run.
 
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Tradex said:
Fellow Forex traders, as a reminder here are the trading results so far:

EUR/CAD: Breakeven
CAD/CHF: Breakeven
NZD/CHF: -10 pips
EUR/CAD: -33 pips
AUD/NZD: -21 pips

Total : -64 pips (as clearly mentioned in post #100).

(Note: There is no imaginary GBP/NZD trade, pay no attention to the usual trolls.)

Also note that profitable trading has nothing to do with the winning percentage. You can lose more than 70% of the time and still make a killing, if you keep your losses short and let your profits run.
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approx -64% with the usual 100:1 leverage. So you need to make 300% just to break even, right?

Tradex said:
You mean UP 100 pips.

That 0.51% move actually represents a 51% daily move due to Forex leverage (assuming the usual 100 to 1 leverage).
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newwurldmn said:
So you need to make 300% just to break even, right?
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You sure you finished high school?

To break-even with a 64 pip loss I need to make 64 pips, end of story. A single winning trade will do the trick.

There is no 300% return I need to generate because the percentage of trading capital I allocate to each trade remains small at all times.
 
Tradex said:
You sure you finished high school?

To break-even with a 64 pip loss I need to make 64 pips, end of story. A single winning trade will do the trick.

There is no 300% return I need to generate because the percentage of trading capital I allocate to each trade remains small at all times.
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Not when you lever 100:1 as is usual in forex.

Do the math your net worth ($100) x .36 x Y = 100.

Solve for Y

This is based on your fictitious trade.
 
newwurldmn said:
Not when you lever 100:1 as is usual in forex.

Do the math your net worth ($100) x .36 x Y = 100.

Solve for Y

This is based on your fictitious trade.
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Here we go again, more trolling. Some guys just cannot stop.
The 100 to 1 leverage is simply the maximum leverage given by your broker, it does not mean you have to use it. Only fools would use 100% leverage on each trade.
 
Tradex said:
Here we go again, more trolling. Some guys just cannot stop.
The 100 to 1 leverage is simply the maximum leverage given by your broker, it does not mean you have to use it. Only fools would use 100% leverage on each trade.
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Why would you advocate that in your hypothetical trade?
 
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