My Trading journey.
Discussion
Dubai said:
Out of curiosity, why don't you prove cashmax or whatever his name is wrong?
I think I read you're using FXCM? That is an MT4 platform and no personal data is visible in the a/c history.
If it were me, I'd take his money and make him look a tit.
And how is that going to work. Is he going to put money in my account, and then pop over for verification.I think I read you're using FXCM? That is an MT4 platform and no personal data is visible in the a/c history.
If it were me, I'd take his money and make him look a tit.
Or do I post up, and then wait for him to pay up.... Now that is a Hi Risk/Low Probability trade.
Lol.
Dubai said:
Makes no difference either way, he'll still look a pratt.
All he'd see is the ticket number, time, trade size, entry, exit. Would have that done in a flash.
Good luck either way. You don't seem to assign any form of risk % to any trade which could very easily be your downfall.
Oh but I do, as this is a very important part of "my trading", but I dont post it up.All he'd see is the ticket number, time, trade size, entry, exit. Would have that done in a flash.
Good luck either way. You don't seem to assign any form of risk % to any trade which could very easily be your downfall.
Regards
Mr. Fox
Dubai said:
FloatingMr fox said:
Floating
Post your market watch showing 1 spread as I frankly don't believe it.Several sources showing avg 2.2
http://www.fxintel.com/
Dubai said:
Mr fox said:
Floating
Post your market watch showing 1 spread as I frankly don't believe it.Several sources showing avg 2.2
http://www.fxintel.com/
"It all depends on your account size on the spreads that you get".
If you go back to the start of my trade journal on "EVERY" trade I have taken you could have said this.
P.S. And in my explanation of this point to you with my slow typing I have missed a very good short. I only work from a laptop so it is hard trying to keep abreast of more than 2 currencies at a time, thus having to do a quick scan every few seconds.
Regards
Mr Fox.
Edited by Mr fox on Tuesday 22 May 09:46
Mr fox said:
I appreciate where your coming from, and the last thing I will say on this matter without going into personal finances is
"It all depends on your account size on the spreads that you get".
If you go back to the start of my trade journal on "EVERY" trade I have taken you could have said this.
Regards
Mr Fox.
A/c size is totally irrelevant for market maker spreads guaranteed."It all depends on your account size on the spreads that you get".
If you go back to the start of my trade journal on "EVERY" trade I have taken you could have said this.
Regards
Mr Fox.
Mr Fox,
Just for clarification to the people who are new to this and think that you are the messiah can I just point out that on no trade so far have you given ALL the information for a trade. You give a price and a stop loss, or a price and a direction or a price and a target. Never have you given all the info together.
E.g.
Even your loss was a better than expected result
Also, your winners are on £200 and £500 a point, yet your loser was only on £50.
I'm not saying that you are a scammer or even that you aren't doing the trades (nor do I care for a screen shot of your trades, I know I wouldn't do that for anyone) BUT you are not helping yourself by only giving partial information because it is very easy for people in the know to pick holes in the information you provide.
Just for clarification to the people who are new to this and think that you are the messiah can I just point out that on no trade so far have you given ALL the information for a trade. You give a price and a stop loss, or a price and a direction or a price and a target. Never have you given all the info together.
E.g.
Mr fox said:
Live trade taken now GBP 15845.. target bout 10 pips.
Mr fox said:
Out at 7 pips
Profit so far
7-1(spread)= 6 pips.
6 x 500 = £3000
No direction given so anything can be a winner.Profit so far
7-1(spread)= 6 pips.
6 x 500 = £3000
Mr fox said:
Short EUR now@ 1.2753
SL 17 pips.
SL 17 pips.
Mr fox said:
Short EUR now@ 1.2753
SL 17 pips.
Profit on trade
23-1(spread)=22 pips
£200 x 22= £4400
Again, no target so if it keeps going it can be a 30 tick winner on a 17 tick stop loss.SL 17 pips.
Profit on trade
23-1(spread)=22 pips
£200 x 22= £4400
Even your loss was a better than expected result
Mr fox said:
long GBP now at 15836 SL 42 pips.
Mr fox said:
long GBP now at 15836 SL 42 pips.
Stoped out at 29 Pips.
Loss for the day
29 + 1(spread)= 30 pip
£50 x 30 = -£1500
A stop loss of 42 ticks, no upside winning target and even then you manage to get out at 29 tick loser.Stoped out at 29 Pips.
Loss for the day
29 + 1(spread)= 30 pip
£50 x 30 = -£1500
Also, your winners are on £200 and £500 a point, yet your loser was only on £50.
I'm not saying that you are a scammer or even that you aren't doing the trades (nor do I care for a screen shot of your trades, I know I wouldn't do that for anyone) BUT you are not helping yourself by only giving partial information because it is very easy for people in the know to pick holes in the information you provide.
R11ysf said:
Mr Fox,
Just for clarification to the people who are new to this and think that you are the messiah can I just point out that on no trade so far have you given ALL the information for a trade. You give a price and a stop loss, or a price and a direction or a price and a target. Never have you given all the info together.
E.g.
Even your loss was a better than expected result
Also, your winners are on £200 and £500 a point, yet your loser was only on £50.
I'm not saying that you are a scammer or even that you aren't doing the trades (nor do I care for a screen shot of your trades, I know I wouldn't do that for anyone) BUT you are not helping yourself by only giving partial information because it is very easy for people in the know to pick holes in the information you provide.
Please appreciate how hard it is placing a trade, and then having to quickly type it up here so there is no time lag, as this will give alot of ammo for the doubters.Just for clarification to the people who are new to this and think that you are the messiah can I just point out that on no trade so far have you given ALL the information for a trade. You give a price and a stop loss, or a price and a direction or a price and a target. Never have you given all the info together.
E.g.
Mr fox said:
Live trade taken now GBP 15845.. target bout 10 pips.
Mr fox said:
Out at 7 pips
Profit so far
7-1(spread)= 6 pips.
6 x 500 = £3000
No direction given so anything can be a winner.Profit so far
7-1(spread)= 6 pips.
6 x 500 = £3000
Mr fox said:
Short EUR now@ 1.2753
SL 17 pips.
SL 17 pips.
Mr fox said:
Short EUR now@ 1.2753
SL 17 pips.
Profit on trade
23-1(spread)=22 pips
£200 x 22= £4400
Again, no target so if it keeps going it can be a 30 tick winner on a 17 tick stop loss.SL 17 pips.
Profit on trade
23-1(spread)=22 pips
£200 x 22= £4400
Even your loss was a better than expected result
Mr fox said:
long GBP now at 15836 SL 42 pips.
Mr fox said:
long GBP now at 15836 SL 42 pips.
Stoped out at 29 Pips.
Loss for the day
29 + 1(spread)= 30 pip
£50 x 30 = -£1500
A stop loss of 42 ticks, no upside winning target and even then you manage to get out at 29 tick loser.Stoped out at 29 Pips.
Loss for the day
29 + 1(spread)= 30 pip
£50 x 30 = -£1500
Also, your winners are on £200 and £500 a point, yet your loser was only on £50.
I'm not saying that you are a scammer or even that you aren't doing the trades (nor do I care for a screen shot of your trades, I know I wouldn't do that for anyone) BUT you are not helping yourself by only giving partial information because it is very easy for people in the know to pick holes in the information you provide.
z4chris99 said:
not too hard really,
LONG/SHORT
opening position
SL
£££ per tick bet
AND target. This is important because if you have a 10 tick stop loss and then put in a 6 tick winner and the move continues then you can claim a 30 tick winner and this gives a lot of leeway on future losses.LONG/SHORT
opening position
SL
£££ per tick bet
Mr.Fox, my final piece on spread.
I have an account with ATC brokers who get their liquidity and feed from FXCM in the UK. I'm showing 1 pip spread and sometimes less but the key thing being I have to pay commission in the order of 25USD per million traded.
I have yet to see a retail broker offer 1 spread without comms on GBPUSD. So if you genuinely do have it, i'd appreciate any info you have.
I have an account with ATC brokers who get their liquidity and feed from FXCM in the UK. I'm showing 1 pip spread and sometimes less but the key thing being I have to pay commission in the order of 25USD per million traded.
I have yet to see a retail broker offer 1 spread without comms on GBPUSD. So if you genuinely do have it, i'd appreciate any info you have.
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