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Forex balance trading[my method]
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<blockquote data-quote="LINDA_ADERSON_22" data-source="post: 22613738" data-attributes="member: 322784"><p><span style="font-size: 10px">I'm not looking for 15 pips profit... more like 150! </span></p><p><span style="font-size: 10px">The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... You’re taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides, it always grows larger... </span></p><p><span style="font-size: 10px">I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help. </span></p><p><span style="font-size: 10px">If I enter a trade let’s say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid... </span></p><p> <span style="font-size: 10px"></span></p><p><span style="font-size: 10px">Evidently I missed something while looking at the set up and it's cut me short.... there are always set ups on different timeframes... different pairs. I'll study the trade I jumped out of for the answer so I don't make the same mistake again hopefully.. </span></p><p><span style="font-size: 10px">If your worried about the money in your account how are you going to pull the trigger with confidence? They tell you from the get go the money in your account shouldn't be money you need... otherwise don't trade... </span></p><p><span style="font-size: 10px">Learning the fx market is like going to school. It costs to go to school and your pip money for trades is what you use to learn. When you have a reliable method and confidence... the market starts to pay you for your education expenses... profit. </span></p><p><span style="font-size: 10px">The only reason I deposited that amount is because I trade full lots and some trades have 2-4 lots on a trade... or I'll add additional lots as the trade is in progress.. no big deal... </span></p><p><span style="font-size: 10px">I'm in this because it's fun, keeps my mind active and I'm good at it. Pretty cut and dried... </span></p><p><span style="font-size: 10px"></span></p><p><span style="font-size: 10px"><span style="font-size: 12px"><strong>~BIG<span style="color: Red">E </span></strong></span> <span style="font-size: 9px"><span style="color: LightBlue">RIP</span></span></span></p><p><span style="font-size: 10px"></span></p></blockquote><p></p>
[QUOTE="LINDA_ADERSON_22, post: 22613738, member: 322784"] [SIZE=2]I'm not looking for 15 pips profit... more like 150! The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... You’re taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides, it always grows larger... I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help. If I enter a trade let’s say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid... Evidently I missed something while looking at the set up and it's cut me short.... there are always set ups on different timeframes... different pairs. I'll study the trade I jumped out of for the answer so I don't make the same mistake again hopefully.. If your worried about the money in your account how are you going to pull the trigger with confidence? They tell you from the get go the money in your account shouldn't be money you need... otherwise don't trade... Learning the fx market is like going to school. It costs to go to school and your pip money for trades is what you use to learn. When you have a reliable method and confidence... the market starts to pay you for your education expenses... profit. The only reason I deposited that amount is because I trade full lots and some trades have 2-4 lots on a trade... or I'll add additional lots as the trade is in progress.. no big deal... I'm in this because it's fun, keeps my mind active and I'm good at it. Pretty cut and dried... [SIZE=3][B]~BIG[COLOR=Red]E [/COLOR][/B][/SIZE] [SIZE=1][COLOR=LightBlue]RIP[/COLOR][/SIZE] [/SIZE] [/QUOTE]
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