Dream Journey from $ 200 to $ 20000

Sorry for the late reply.
If you are still intrested in those video files buzz me at pricelessfx on yahoo meddanger, i will transfer those files to you there.

Thanks to keep my nthread live while i was away

The 24 Most Important Rules Of Trading

1. Always Cut your losses and let your profits run. Take small losses and large wins.
2. Once you have defined the trend, trade only in that direction.
3. Always have a game plane. Never enter a trade unless you know where you should get in and where you should get out.
4. Always use a protective stop to limit your losses.
5. Be patient. Wait for the right opportunities. Don't just trade for the sake of trading.
6. If the reason you entered the trade is no longer there, get out.
7. Do your homework. By the time you enter a trade you should already know what you are going to do and what you expect from the trade. Placing a trade should be the easiest part of trading. If you are still trying to work things out when you enter the trade you are not ready for that trade.
8. If your method of trading is working, don't change it.
9. The market is never too high to buy or to low to sell.
10. Every trader has losses, don't let your losses get to you psychologically.
11. There is no such thing as an indicator that is a 100% right all the time. Use common sense along with your method of trading. If your indicators are telling you one thing but the market is obviously doing something else, listen to the market.
12. The market is always right.
13. Use money management in your trading.
14. Only trade markets you are sufficiently capitalized for.
15. Never trade with money you cannot afford to lose.
16. Be disciplined.
17. If you hit your target profit, take it. Don't get greedy and hope that you will make more.
18. Don't try and regain all your losses in one trade.
19. Don't blindly follow someone else's recommendations. Do your own homework.
20. If it's not going well, take a break for a few days or weeks. Make sure you are in the right psychological frame of mind before you start trading again.
21. Don't trade to many markets. It's better to be an expert in one market than a novice in many.
22. Never meet a margin call. If you have a margin call it means something went wrong with your trade.
23. By the time everyone knows it's a bull or bear market, it's probably to late.
24. Loses in trading have no bearing on you as a person.

Hi dilsefx,

Its nice to join you, although I'm not new to fx, but till now didn't trade, anyhow, within next 2 months I'll be going live. and for next two months ie feb-march mid, I'll b demo trading.

I hope you can guide me thru.
What do u say?

Wish u all luck,...

Happy piping.

Can u plz tell me which time zone do u trade and what's ur chart's time frame?

Thanks dilsefx
I do not have the Yahoo ID.May be I can try at home on Wndows Live. But I sure would like to have those files.My ID is <harmads@indiatimes.com>

But try to keep your funds safe rather than this log and thread

I was hoping to learn something useful out of this thread.

In a public forum if you are planning on taking a journey please explain your strategies
Or at least list the trades you made and your reasoning for it (it may expose your top secret strategy but at least you can say my system generated a buy signal at X and I entered at X+2 or my system generated a sell at X and exited at X-1)

Telling us that the A/C Balance is now $352 doesn't give us anything. If there isn't anything in a posting for the readers, surely it doesn't belong in a public forum.

Sorry if I am doubting your trading or am hurting your ego. But a posting that doesn't give the reader anything should just belong in trash or in your personal blog.

I agree with you full extent what is use of posting my balance is now 200 million and after some vacation and if i says its 100 billion other than he want some public mercy from other to feel he is better and good trader???

This is my first reply on this forumn. I have been trading in the stock markets since 2000 and have started developing interest in the forex markets recently only. So I am no expert but yes I am not a novice to investing. Why I am writing this is just to tell you guys I am no hot shot neither I am so old I am just 22. And started trading practically when I was mere 18 years old. For me this is an early start coz I have not met people who get facinated by this trade so early.. maybe I am wrong or maybe I have not met anyone so far.

The problem with forex and other stuff is that there is lack of awareness and education of the same in India and people I believe if someone is trying to educate newbies like me and many other who silently read this thread and leave then tell me what is the harm. Tell me how many of you have made the effort to really educate people about new instruments

So People the bottom line is that if someone is trying to build other people's interest in this trade and really educating them by tellin about his ups and downs and really answering other people's questions then buddies what is the harm if he decides to paste his end of the day portfolio !!! I think it is good I was really really looking forward to invest but after reading his post completely I have understood that an expert like him who has an experience of three years can also loose on days so I am toh nothing and have just three days of demo training experience compared to his three years
But now thanks to him I know what this disciple is like and what I have to do to succeed in this game.

In the end the final point if he is not interested in sharing his trading strategies for some people like you who are just not interested in educating people but making money youselves then why should we discourage him. Tell me how many of you are comfortable in discussing your portfolio balances on a public thread whatever they may be X,Y or Z... So my sincere advice is please appreciate his work. If you want him to hold your hand to help you trade also and tell you his strategies.. I dont think so that way you will learn how to do your own homework.

So People the bottom line is what this person is doing is very noble for other newbies so appreciate his efforts and please do not be sarcastic with him to make him tell you all his secrets why should he ?????

P.S. I was rude coz these things really dampen the other persons efforts and make him feel like a fool for all the effort he has done.