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Thanks a lot.
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French speaking Forex forum : fxmgm.com |
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Thanks a lot.
__________________
French speaking Forex forum : fxmgm.com |
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Money management....infinity....
Hi traders,
I know everyone and their mother knows this, but keep in mind most professional traders win only 30 to 50% of the time and make good money because of proper money management. With this system, sure you're gonna get some losers. In the trading industry that's what we call the "cost of doing business." On the other hand, as Bear and FX11 have proven over and over, with proper money management skills and PATIENCE (yes I'm YELLING...especially at ME! lol) you will see your wins far outweigh your losses and your account equity will grow. Sometimes all we can see is our current situation and are not able to grasp the MM concept so that we last in this business for the long haul. Trading is no different than other businesses out their.....95% of people fail at it within the first five years (even shorter with traders). The ones that succeed are the ones who employ good money management. And from what Bear and FX11 have demonstrated, for some time now I might add, is that this method works....one more thing and then I'll get off of my soap box.....KEEP IT SIMPLE SILLY! Pip Meister |
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![]() Thanks for sharing your stuff...sleep well! |
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hi,
bigbear My results are unbelievable today alone I have already made +300 pips nzd/usd o:.7679 c: 7579 eur/jpy/ o:165.08 c: 164.08 nzd/jpy o:91.81 c: 90.81 Yesterday I finished in a +119 pips profit. The day before +172 pips Total +591 pips This is only 3 days! Last edited by jtre; 08-09-2007 at 09:24 PM. |
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that is a good results, do you enter the moment you saw the signal appears or wait till the candlestick to close then you enter? big bear enter right away, but if i do it, i might get stop out for eur/jpy which he likes to trade in H1. personally i prefer after the candle closed.
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