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View Poll Results: What is your current trading status?

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  • I am making profits and had withdraw my money

    1 12.50%
  • I am making profits just recently :

    4 50.00%
  • |I am losing but still still on my first deposit

    1 12.50%
  • I am losing big time or/ and deposit more than 1 time

    2 25.00%
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Thread: Are you in profits yet?

  1. #1
    Intraday Master
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    Default Are you in profits yet?

    Trading in metatrader is something great for me.

    Lots of EA's and indicator and systems to choose and use. But are we making profits yet?

    Many traders loss due to many factors, but what about winning traders? How many of us won? And how many of us loss? How many of us had widthraw our profits and how many of us had deposited more than 1 time?

    Please vote.

  2. #2
    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
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    Default

    Quote Originally Posted by goldsniper View Post
    Trading in metatrader is something great for me.

    Lots of EA's and indicator and systems to choose and use. But are we making profits yet?

    Many traders loss due to many factors, but what about winning traders? How many of us won? And how many of us loss? How many of us had widthraw our profits and how many of us had deposited more than 1 time?

    Please vote.
    Mostly people loose because they don't follow MM. MM , this is 10% science and 90% psichology. So, controll yourself and you will have more than 1 withdrawal from the profit.

  3. #3
    FXMalay Supporter arialun's Avatar
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    Default

    Quote Originally Posted by FX Egypt Manager View Post
    Mostly people loose because they don't follow MM. MM , this is 10% science and 90% psichology. So, controll yourself and you will have more than 1 withdrawal from the profit.
    When you talk about MM, I found it quite difficult for beginner trader like me to control especially when starting with small capital amount(i.e less 100USD) , because your Meta Trader currenlty defaulted the T/P setting at least 10 pips from current price.

    I would prefer that i can set my T/p at 3-5 pips per trade..
    Last edited by arialun; 04-29-2007 at 03:05 PM.

  4. #4
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    Arialun, t/p at 3-5 pips for trade... is suitable if you are scalping but for intraday or swing, at least 20 pips is prefered... 3-5 pips + spread points is harder to get, that is my opinion.

  5. #5
    FXMalay Supporter arialun's Avatar
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    Default

    Quote Originally Posted by goldsniper View Post
    Arialun, t/p at 3-5 pips for trade... is suitable if you are scalping but for intraday or swing, at least 20 pips is prefered... 3-5 pips + spread points is harder to get, that is my opinion.
    What I'm trying to say, I would love to collect 'small' pips for each trade in order to groom my 25USD to 200USD. I don't mind trading many posts, and maybe taking longer period to reach 200USD, as long I'm playing safe.. Just wanna test my skill

  6. #6
    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
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    Default

    Quote Originally Posted by arialun View Post
    What I'm trying to say, I would love to collect 'small' pips for each trade in order to groom my 25USD to 200USD. I don't mind trading many posts, and maybe taking longer period to reach 200USD, as long I'm playing safe.. Just wanna test my skill
    Scalping = highest risk (but for many people it seems oposite)

  7. #7
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    Arialun, i know what you mean.. to play safe better look at the trend first before scalp so that trading will be done in lower risk.

  8. #8
    FXMalay Supporter arialun's Avatar
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    Default

    Quote Originally Posted by goldsniper View Post
    Arialun, i know what you mean.. to play safe better look at the trend first before scalp so that trading will be done in lower risk.
    Yup.. Agreed with you, analyze the trend, an then do the scalping.
    In another post you mentioned that Mobile Meta Trader can't draw trend lines or put any indicators, correct?

    Arrgh.. just planning to get myself a PDA..

    FXEgypt Manager, could you confirm on this?

  9. #9
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    Arialun... yey.. after having discuss about it, i just find out that i can put trendline and also fibo rectracement and indi MACD too.... yeyyyy....

    This is anew finding for me..

  10. #10
    FxIndia Administrator Invest_Master's Avatar
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    Well till now i am not in profit.
    I have just lost money and didn';t won a bit to cover the loose so i am back to learning at babypips.com

  11. #11
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    same here.... invest_master... hmm.. lets learn again --- back to basic..

  12. #12
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    Default trade

    so hard to trade safely , and some time lose control .
    first i trade win and then i lose control trading.sm_upset

  13. #13
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    ever you feel like everytime you enter a post/trade - the market is against you?

    Example.. oo ..its uptrend, enter trade 'buy', then suddenly the market took a reversal and change to downtrend?

  14. #14
    FXMalay Supporter arialun's Avatar
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    Default

    Quote Originally Posted by goldsniper View Post
    ever you feel like everytime you enter a post/trade - the market is against you?

    Example.. oo ..its uptrend, enter trade 'buy', then suddenly the market took a reversal and change to downtrend?
    Yup.. most of the times. The reason behind is that most indicators I used now is lagging indicators. Things already happenned, then I enter the trade only to realise that the trend is doing retracement.

    Now I'm more depend on the leading indicator such as RSI or stocastsic slow.

  15. #15
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    Default

    Quote Originally Posted by goldsniper View Post
    ever you feel like everytime you enter a post/trade - the market is against you?

    Example.. oo ..its uptrend, enter trade 'buy', then suddenly the market took a reversal and change to downtrend?
    Hi goldsniper,

    If you want to study your trades where this has happen, just put setup i shown in thread "Forex Trading With Simple Setup" you will understand price action. understanding price dynamics is important. price is smart, i am sure you will get most answer if you put setup which i shown.

    Best Regards
    Ramdas
    Last edited by Ramdas; 05-01-2007 at 01:11 PM.

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