The Official FOREX Thread

[madgame]

I have to say I don't really care too much about what's going on here anymore, whether he did what he said, wheter he didnt..and so on...but one thing I have to say: No matter whether he got it from e-books or his own experience, imho what he said about using demo accounts, stops and discipline IS truly good advice.

Most people suck at the market, b/c they get emotionally attached to their stocks (especially if they've made some gains with them and have develloped some sort of relationship with them) or dont wanna sell it when it hits a stop-loss price, b/c 'it's gonna go back up' (if you do that, you can forget about the stop-loss price right away..when really you should use them to your advantage and for risk-management).

Also the use of demo accounts is extremely important, too, b/c you can try to find a way, which constantly gains u money. and if you find one (by using the right approaches and all) you can put that to use in the real world, too. If it doesn't however (which probably is the case for more people than not), there really is no need for risking the money you earned working hard ;-).

 

[Desdinova]

Please keep this thread on topic for the sake of those who are getting something out of it.

 

[AngelusPUA]

guys were can I post photos up so I can link you to them?

thanks for not closing this thread Desdinova and for removing the post with my email adress.

 

[TheNewGuy]

guys were can I post photos up so I can link you to them?

thanks for not closing this thread Desdinova and for removing the post with my email adress.

I'd post it in the "How I got rich" thread.


http://www.imageshack.us/ is a good upload site however

EDIT: just saw it was closed. Uhhh dunno where you should post them then?

 

[qweretyuiopas]

guys were can I post photos up so I can link you to them?

thanks for not closing this thread Desdinova and for removing the post with my email adress.

I would have said here but u dont want this thread to go off topic. If u want just PM Krass with them so all this can end. :cheer:
*edit* how about u post them in the "post your pictures only" thread here:
http://www.sosuave.net/forum/showthread.php?t=30488&page=8

 

[Fletchrush17]

check out the USD/JPY bombing right now

 

[TheNewGuy]

check out the USD/JPY bombing right now

I just went short on it, so maybe you guys can ride my bad luck and go long now?

EDIT: Just closed the deal at 8 pips profit. My USD/CHF deal is still going bad tho, -15 pips profit. However it looks like its fluctuating so I'm gonna stay in the game and just lower my take profit order.

Also purchased another 2000 units of USD/JPY short.

 

[Krassus]

Well well, let's see I actually do hope that he proves me wrong, because that'd mean he's someone i should look up to, and it's nice to have someone like that. But after everything i've seen and heard in the last day or so, i just really doubt that's gonna happen. Regardless, i'm all giddy with anticipation I just hope he doesn't post a bunch of screenshots.

 

[AngelusPUA]

When I do prove you wrong Krassus you defintlyey will be looking up to me because I will be looking down on you.

 

[SELF-MASTERY]

I just went short on it, so maybe you guys can ride my bad luck and go long now?

I went short on it earlier using this news among other sources
http://biz.yahoo.com/ap/060730/japan_markets.html?.v=2

Isn't it too premature to go long?????

 

[Krassus]

When I do prove you wrong Krassus you defintlyey will be looking up to me because I will be looking down on you.

Keep it together muchacho

"Men are like steel. When they lose their temper, they lose their worth." - Chuck Norris

 

[SELF-MASTERY]

Is there a quality up to the min currency news source???

------ I should have paid more attention in econ...

 

[Fletchrush17]

I went short on it earlier using this news among other sources
http://biz.yahoo.com/ap/060730/japan_markets.html?.v=2

Isn't it too premature to go long?????

I had shorted it at 114.56 but was messing around and hit the wrong button and ended up buying at 114.56. So then I shorted again at .54 and now we're down to the long at .51, and the trend is still looking strong. The stochastic is showing it as being undervalued, so it might start going up soon. But looking nice now.

 

[AngelusPUA]

Keep it together muchacho

"Men are like steel. When they lose their temper, they lose their worth." - Chuck Norris

I haven't lost my temper at you yet.

 

[madgame]

Chuck Norris once ate a cake, before his friends could tell him there was a stripper in it.

;-)

 

[Fletchrush17]

I had shorted it at 114.56 but was messing around and hit the wrong button and ended up buying at 114.56. So then I shorted again at .54 and now we're down to the long at .51, and the trend is still looking strong. The stochastic is showing it as being undervalued, so it might start going up soon. But looking nice now.

Put my stop in at 114.45 for a nice $77 profit. Now if I can only do that everytime I'm set.

 

[SELF-MASTERY]

Put my stop in at 114.45 for a nice $77 profit. Now if I can only do that everytime I'm set.

Good Job I profited $170--ish, but should have held my position longer.

I have alot of fking reading to do on this subject.

 

[AngelusPUA]

http://img115.imageshack.us/img115/261/moneyandshoescp2.jpg

$400 pair of handmade, Italian, ostrich skin shoes with $1000 cash thrown around them. Now Krasuss tell me would a poor, forum troll have $1000 in cash laying around and would he wear $400 shoes?


http://img54.imageshack.us/img54/1586/abizi7.jpg

This pic speaks for its self, isn't my GF a trooper posing like that for me and all? but wait Krassus she doesn't exist right?


http://img152.imageshack.us/my.php?image=gftrs2.jpg

My main Forex account, I had 2.2 mill in there a few days ago but it took out 1 mill because of the Villa I’m buying. You all know my name by now thanks to that little girl so it doesn't matter that you can see it on the top left corner. Even if it was googled its mine hahahaha look at the name.


http://img152.imageshack.us/my.php?image=primusvo4.jpg

My satellite internet connection, it’s a screen shot of my account toolbox.

 

[Fletchrush17]

Good Job I profited $170--ish, but should have held my position longer.

I have alot of fking reading to do on this subject.

Yeah, the bomb is still going...but I guess for next time the stop will need to be higher. I think I'm going to get addicted to this.

 

[TheNewGuy]

Bumping an old question. About how long does it take for you to realize your profits. Do you take a look at the prices in the morning, buy units and then by night time know whether you won or lost?

Obviously you have to check up on it during the day, and not all deals are the same, but rough average?