My Trading journey.

[cashmax]

OK Mr Fox

I take back my accusations of you being a scammer. Its quite clear that you are no threat to anyone in that regard.

You are instead, living the dream of being a successful trader. The fact that your trades are not real is a separate issue, but whatever turns you on......

[russ_a]

billybob69 said:

o.k just a quickie, with Greece pretty sure to leave the euro do you think it is a sure fire that pound will become stronger over the summer..??

Send me a PM with your bank account details and I will let you know

[g4ry13]

vetrof said:

I initally took Mr Fox at face value, but when he said that he was risking 10% of his account per trade doubts started to creep in. Ten wrong trades and you are wiped out is madness.

This is incorrect. Risking 10% of your account per trade doesn't result in a wiped account after 10 losses.

[anonymous-user]

Mr fox said:

Wow.
I really think I have heard it all. I come on here to share my experience in the life of an amateur trader, and all I got was insults, and abuse. First it pissed me of, but on reflection is quite amusing, but what has really made me LOL is some of the responses I got.

I'm told i must be a scammer as this is my first post ever. I guess everybody has to start somewhere, and i thought why not here. Then I'm questioned over my spread. Now if "Dubai's" assessment in his trades is as good as his investigation into my spread, then he sure is going to struggle as a trader, as the fool didnt even bother to google Fxcm to see if they do spread-betting(google is your friend), but that is irrelevant as "I DON'T" spread-bet, but he failed to understand when I told him that I have a substantial account with FXCM, and that's why they give me very good spread's, which he thought was'nt true. It's the same as if you have large account's anywhere(the bank manager takes you out for meal's etc), or you bank with "Coutts" you get a concierge service etc.

Lol. You're absolutely dreaming. You're trying to tell me FXCM supply you a custom feed into MT4 to give you spreads better than tier 2 brokers who charge commissions and you don't? Even if you have a 7 figure a/c that wouldn't make a difference.

You negotiate commissions, not spreads.

You can't even post a simple screenshot showing your spread.

[mercfunder]

Mr fox said:

Bluequay said:

OP, you must be fabulously wealthy based upon the huge amount you have in your trading account to get your spreads, so why don't you just ignore everybody on here, chill out and enjoy the cash and your trading success. No rational person is going to believe you without some kind of evidence, if you can't appreciate that, and the sceptical nature of the average forum poster then you are a fool.

Thank you for your words of wisdom. I'll do just that.

Regards
Mr Fox

More likely he'll be back spouting bks.

[walm]

Mr fox said:

Uncharacteristic, somewhat justified, lengthy rant...

TL;DSS

(too long; didn't see screenshot)

[ATM]

g4ry13 said:

vetrof said:

I initally took Mr Fox at face value, but when he said that he was risking 10% of his account per trade doubts started to creep in. Ten wrong trades and you are wiped out is madness.

This is incorrect. Risking 10% of your account per trade doesn't result in a wiped account after 10 losses.

The account would never actually become empty .... but it would be right royally f****d.

I dont really care about the OP's Money Management. If he is confident in his Win Ratio then why not do 10%.

I am surprised this thread turned to hate so quickly. It certainly stands as a good warning to someone like me that posting live trades is never a good idea.

[R11ysf]

Mr fox said:

Lot's of ranty stuff!

As you deteriorated into personal abuse without still providing any facts or cast iron information I don't think you have actually done yourself any favours. As a few of those insults were aimed my way I suppose the least i should do is give you the courtesy of a response.

Firstly, if you knew what you were talking about, you would know that you do not need to be FSA registered to be a trader. Eurex registered, Liffe registered yes. FSA registered no. Tha's if you wish to trade other people's money.

Secondly, as I wrote before I would never wish to post up my trades. An easy get out you say? Well not really let me elaborate. Firstly I have done over 140 trades this morning alone. I currently have positions in 7 markets. Your simplistic single market scalps are easy to post with accurate entry, direction, Stop-Loss and exits. Even if I told you what I had on it would not be possible for you to follow without giving you my ratios, offsets and generally a whole host of information that would be of no use to 99% of the people on here and I don't want the other 1% to know!!!

You seem to name drop a lot and mention MAYFAIR like it's impressive. Most trading firms are actually based it the city, why would we want to be any further from the exchange than is necessary? Also a lot of funds are leaving Mayfair as they realise paying up for prime London space is actually a cost they can do without.

Also, glad to hear you are upgrading frpm your laptop to a dizzying 4 screens. Sorry I'm not going to post a screenshot but if someone tells me how I'll post up a picture of me at work. Sorry no underpants or custard but I've got Perrier water and flip flops. I don't mind proving I'M not full of st.

Finally, if you want to speak to my boss I can give you his number, strangely it's the same as mine ;-)

[Hoofy]

ATM said:

g4ry13 said:

vetrof said:

I initally took Mr Fox at face value, but when he said that he was risking 10% of his account per trade doubts started to creep in. Ten wrong trades and you are wiped out is madness.

This is incorrect. Risking 10% of your account per trade doesn't result in a wiped account after 10 losses.

The account would never actually become empty .... but it would be right royally f****d.

I dont really care about the OP's Money Management. If he is confident in his Win Ratio then why not do 10%.

I am surprised this thread turned to hate so quickly. It certainly stands as a good warning to someone like me that posting live trades is never a good idea.

Certainly, I think vetrof meant to divide the account in to chunks of 10 whereas Gary understood this perfectly well and is just trolling by implying vetrof meant to use 10% of what ever is available.

[Hoofy]

R11ysf said:

flip flops

In the space of 2 days, all respect for you has disappeared.

[R11ysf]

Hoofy said:

R11ysf said:

flip flops

In the space of 2 days, all respect for you has disappeared.

Sorry my mistake, did I say flip flops. I meant chalk-striped suit, red braces, socks and handkerchief, bowler hat and brogues. That's my usual summer outfit.

Although I do occasionally pull out the "cheap suit and Hermes belt", haha not worn a suit in 9 years!! Anyway, must dash, I hear my boss shouting for a refill!

[DonkeyApple]

ATM said:

g4ry13 said:

vetrof said:

I initally took Mr Fox at face value, but when he said that he was risking 10% of his account per trade doubts started to creep in. Ten wrong trades and you are wiped out is madness.

This is incorrect. Risking 10% of your account per trade doesn't result in a wiped account after 10 losses.

The account would never actually become empty .... but it would be right royally f****d.

I dont really care about the OP's Money Management. If he is confident in his Win Ratio then why not do 10%.

I am surprised this thread turned to hate so quickly. It certainly stands as a good warning to someone like me that posting live trades is never a good idea.

I think posting trades is fine if the back story is kosher.

Basic maths of the stated risk capital and the trade gains makes out for a small trading account. The claims over spreads don't add up. The cover story has been seen a thousand times before as the opening salvo to sell a product, the second insuation that for just a few hours work in the evening you could make a winning trade the next day and take the rest of the day off is also the second salvo in a product sale and the claim to be an innocent newbie was contradicted with later claims.

Unfortunately, it wasn't believable. Which is a shame as the system was simply scalping tiny trades from high liquidity so hugely scaleable and extremely rare.

[Hoofy]

R11ysf said:

Sorry my mistake, did I say flip flops. I meant chalk-striped suit, red braces, socks and handkerchief, bowler hat and brogues. That's my usual summer outfit.

Although I do occasionally pull out the "cheap suit and Hermes belt", haha not worn a suit in 9 years!! Anyway, must dash, I hear my boss shouting for a refill!

Now I wonder if you're fishing for business.

[walm]

R11ysf said:

You seem to name drop a lot and mention MAYFAIR like it's impressive.

This is a classic red flag.
What Mr Fox is doing is of absolutely no interest to hedgies.

[Mr fox]

R11ysf said:

Mr fox said:

Lot's of ranty stuff!

As you deteriorated into personal abuse without still providing any facts or cast iron information I don't think you have actually done yourself any favours. As a few of those insults were aimed my way I suppose the least i should do is give you the courtesy of a response.

Firstly, if you knew what you were talking about, you would know that you do not need to be FSA registered to be a trader. Eurex registered, Liffe registered yes. FSA registered no. Tha's if you wish to trade other people's money.

Secondly, as I wrote before I would never wish to post up my trades. An easy get out you say? Well not really let me elaborate. Firstly I have done over 140 trades this morning alone. I currently have positions in 7 markets. Your simplistic single market scalps are easy to post with accurate entry, direction, Stop-Loss and exits. Even if I told you what I had on it would not be possible for you to follow without giving you my ratios, offsets and generally a whole host of information that would be of no use to 99% of the people on here and I don't want the other 1% to know!!!

You seem to name drop a lot and mention MAYFAIR like it's impressive. Most trading firms are actually based it the city, why would we want to be any further from the exchange than is necessary? Also a lot of funds are leaving Mayfair as they realise paying up for prime London space is actually a cost they can do without.

Also, glad to hear you are upgrading frpm your laptop to a dizzying 4 screens. Sorry I'm not going to post a screenshot but if someone tells me how I'll post up a picture of me at work. Sorry no underpants or custard but I've got Perrier water and flip flops. I don't mind proving I'M not full of st.

Finally, if you want to speak to my boss I can give you his number, strangely it's the same as mine ;-)

Alright dont get your knickers in a twist George Soros.

140 TRADES. Ha Haaaa, you joker.
and whom am I speaking to. You sound like a cross between Forrest Gump, and Dustin Hoffman in rain man...74 toothpicks 74 toothpicks.
140 trades this morning.
Lol.

P.S. Thank you for giving all the readers of this thread a good laugh this morning, and you didnt even have to post up a trade.
LOL.

Regards
Mr. Fox

[DonkeyApple]

R11ysf said:

Finally, if you want to speak to my boss I can give you his number, strangely it's the same as mine ;-)

Hmmm.

Badly dressed and your boss' number is yours......low level PA?

[Mr fox]

walm said:

R11ysf said:

You seem to name drop a lot and mention MAYFAIR like it's impressive.

This is a classic red flag.
What Mr Fox is doing is of absolutely no interest to hedgies.

Stand back chaps let Dr. Phil come through.
It's the return of the amateur psychologist with his "red flag". I was wondering how long it would be for you to pop out the woodwork.
Ofcourse what I do has no relevance to them, especially most of their work/results are audited by the FSA on a regular basis, and anyone who is going to invest in a company which is not FSA registered is a FOOL. More importantly what they do "DOES INTEREST ME", and any "legal" information they are allowed to pass onto me, or steer me in the right direction I appreciate. From on friend to another.

[sc0tt]

First trade after reading the ebook I bought on ebay

Short EUR now@ 1.389
SL 56 pips.


Profit on trade
60-1(spread)=59 pips

£100 x 59= £5900

See easy. You can buy the Book off me for £100

p.s no custard or pics and I am not posting anymore trades

[walm]

Mr fox said:

More importantly what they do "DOES INTEREST ME", and any "legal" information they are allowed to pass onto me, or steer me in the right direction I appreciate. From one friend to another.

Please name one thing they do that helps your trading.

Also, I am baffled by the "amateur psychologist" insults. Can you explain more about what you mean?

[Mr fox]

walm said:

Also, I am baffled by the "amateur psychologist" insults. Can you explain more about what you mean?

Please forgive me, for a man of your stature, and intelect, that was a compliment.
:-)