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Forum: System: VN Forex Club

New?Last PostPosted By#Subject
6/25/08 (18:48)Reinhard Schu4Backtesting?
9/26/07 (21:27)Ernest Sandoval7Sy - time for a nice, long, relaxed vacation.
8/19/07 (9:54)Si Nguyen2JPY trade limits?
8/18/07 (6:21)Bryngwyn Williams1Stop bitching please
8/17/07 (15:15)Jules Ellis64Stop going against the trend
8/16/07 (18:52)David Reynolds8FX is unregulated. Kiss your money goodbye.
8/15/07 (3:23)Stephen Turner2NZD/USD not allowed in IB?
 
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Subject:No drawdown for me
Posted by:Taiyang Holloway  New msg
 
Ignore user's posts for week month forever
When:7/29/07 (6:29) 
 
Hi,
I'm Taiyang from Hawaii. I just started trading last week, so most of the stuff you guys talk about is Greek to me. I traded off a Si signal on Thur. night after work about 10pm, and traded until 10am Fri. I got the signal saying buy GBP/JPY around 241.90 or something like that. I had no clue what I was doing, so I looked at my chart and saw the price coming down. The signal said buy so I waited until it turned then I bought at 241.79 and got out at 244.02. Then I sold at 243.97 to 241.70. Then I went for one last ride up from 241.60 to 242.94. I finished with a last ride down from 242.81 to 240.54. The most I have made since I started last week was 80 pips. So when I finished with about 800 pips I thought I was dreaming. About the carry trade stuff I have earned about $2ea.on 6 trades by accident with FXCM. I started with a $500 mini account. My time zone is the reason I got carryover. When the market closes on the east coast it's only 11am my time. I always forget to close my trades, who thinks of the end of the day as 11am. I look forward to more signals, and learning more about this business. I'm waiting for this book I ordered " Forex Trading for Maximum Profits by Raghee Horner. It seemed like a good book, although I ordered it because it comes with a CD. Good Luck to all.

Aloha, Tai.
  
 
Subject:No drawdown for me
Posted by:Jules Ellis  New msg
 
Ignore user's posts for week month forever
When:7/29/07 (13:35) 
 

In response to post by Taiyang Holloway of 7/29/07 (6:29)

Hi,
I'm Taiyang from Hawaii. I just started trading last week, so most of the stuff you guys talk about is Greek...

See entire

"I had no clue what I was doing..."

Funny. Of course, when a system is in a drawdown, and you don't know what you are doing, the odds are that you "outperform" the system. I wish you (more) good luck in your trading!
  
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