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My open for all to see Forex trading account

 
Fossil
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User ID: 69301413
Canada
07/16/2015 03:53 PM
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My open for all to see Forex trading account
I have been a long time lurker in GLP and I figure it is my time to contribute to the collective. I have been an on again off again FX trader that has had over all a winning record. I have started a new account that win or lose, will be put out there for all to see (for better or for worse). I do not proclaim to be the latest guru that is peddling services or selling data, simply a person that watches and reads as much as he can and believes it IS possible for the average person to steer his or her own ship and take the corporate entities out of the picture.

I believe that in order to have success one must not do the following: over leverage, avoid scalping and be patient and wait out swings if it happens. I trade on the weekly and daily charts but use smaller 4hr charts on exit and enter points. The broker I use is Oanda as I have found that they are the most stable of all Market Makers out there. The trading style I use allows me to avoid margin calls (not over committing, not adding to losing positions) and to only trade when things "line up". This may mean not trading on some days.

I will be putting a little blurb here and there as to why i entered the trade and why i have exited to trade. I honestly believe that people over complicate things and if you implement the KISS method success is yours for the taking.

Account is currently in fund mode so hopefully in a week or so I will be posting on the thread.

Fossil.
Anonymous Coward
User ID: 45668621
United States
07/16/2015 03:58 PM
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Re: My open for all to see Forex trading account
bump for a great idea

(Noob here, glad to watch & learn)
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 04:02 PM
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Re: My open for all to see Forex trading account
Thanks, I know there will be "know it all's" and so called experts. Hey, it GLP after all...lol. I survived '08 crash and kept on going... I was in a short position for the huge plunge for the swiss franc... figure it would be a fun idea and hopefully help others.
F.
Anonymous Coward
User ID: 69777401
United States
07/16/2015 04:04 PM
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Re: My open for all to see Forex trading account
Got any iraqi dinars?
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 04:05 PM
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Re: My open for all to see Forex trading account
I am not sure if i can post screen shots of my charts if i am a non paid member. If this is an issue i will upgrade to a paid membership... anyone know?
Anonymous Coward
User ID: 68474273
United States
07/16/2015 04:12 PM
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Re: My open for all to see Forex trading account
Oanda used to have a practice account you could use without any money...maybe they still do. If so, check it out - lots of fun and you learn a lot. I had a live account there when silver skyrocketed and was long...made thousands in a day. I have a feeling a lot of people like me made a ton of money with that and we can't have that so they outlawed trading silver OTC shortly after that.
Anonymous Coward
User ID: 32397903
United States
07/16/2015 04:13 PM
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Re: My open for all to see Forex trading account
interested..

my friend is into forex...he calls himself a "chartist" and does very well.

i know nothing..
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 04:17 PM
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Re: My open for all to see Forex trading account
I believe our two countries allow different things to be traded. Silver and gold are available to be traded but way too manipulated of a market. They all are but metals are no mans land... Only physical makes sense. Yes, I am a chart guy that keeps an eye on news.
Uriel
User ID: 32397903
United States
07/16/2015 04:25 PM
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Re: My open for all to see Forex trading account
Just opened a demo account at Oanda.
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 04:29 PM
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Re: My open for all to see Forex trading account
Excellent! Now, drop the funds in the account down from 100k to 1000 or 5000 or 10k. Try and make it as real as you can. That's how I started in 2006. I traded a demo for a year once, and have gone back to demos when I want to try something new.... Good luck!
Anonymous Coward
User ID: 69288115
United States
07/16/2015 04:29 PM
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Re: My open for all to see Forex trading account
hey op, how much are you starting off with, and what are you currently buying/selling? how much of each? are you shorting the euro?
Anonymous Coward
User ID: 68906181
Netherlands
07/16/2015 04:30 PM
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Re: My open for all to see Forex trading account
Watching money is boring. It comes and it goes.
Who would want to watch your Forex trading account?
Chasing after the dollar much?
Uriel
User ID: 32397903
United States
07/16/2015 04:31 PM
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Re: My open for all to see Forex trading account
Excellent! Now, drop the funds in the account down from 100k to 1000 or 5000 or 10k. Try and make it as real as you can. That's how I started in 2006. I traded a demo for a year once, and have gone back to demos when I want to try something new.... Good luck!
 Quoting: Fossil


Was just dropping the funds down to more realistic number! Thanks..

(which for me is like $100, lol)
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 04:40 PM
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Re: My open for all to see Forex trading account
like most i have taken advantage of the drop from 1.14ish to about 1.088. my charts say it is still headed down BUT my RSI indicator is under the 30 mark so i exited it about 2 hrs ago. my two open trades (now this is my main account) is a short of the cdn/jpy and a short of the gbp/jpy... i see big gains ahead. eur/usd is losing steam my charts say
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 04:44 PM
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Re: My open for all to see Forex trading account
my main account which will NOT be posted here is in the five figures getting close to six figures. I was going to start a sub account to use for hedging but figured this would be a fun thing to do to pass time as i am watching screens. i leverage at 50:1 BUT.... try and keep open trades to about 25% of available units. hope that makes sense. I did go in huge in Jan on the USD/CHF, that worked out well.
F.
Anonymous Coward
User ID: 32397903
United States
07/16/2015 04:56 PM
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Re: My open for all to see Forex trading account
like most i have taken advantage of the drop from 1.14ish to about 1.088. my charts say it is still headed down BUT my RSI indicator is under the 30 mark so i exited it about 2 hrs ago. my two open trades (now this is my main account) is a short of the cdn/jpy and a short of the gbp/jpy... i see big gains ahead. eur/usd is losing steam my charts say
 Quoting: Fossil



I just shorted both of those with my practice accounts. :-)

It's fun to learn this even if I don't end up doing it live.

I am a math/engineering/computer geek and love the number + charts game
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 05:01 PM
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Re: My open for all to see Forex trading account
I will try and message in as soon as I close them. I look for 50-80 pip gains but also have no problems closing when they just sit and stall out... Good luck!
Uriel
User ID: 32397903
United States
07/16/2015 05:03 PM
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Re: My open for all to see Forex trading account
I will try and message in as soon as I close them. I look for 50-80 pip gains but also have no problems closing when they just sit and stall out... Good luck!
 Quoting: Fossil


Thanks! I enjoying learning. I literally just signed up, went through the Oanda Academy, and then just did two trades, lol!

I;m down $1.24 though.
Anonymous Coward
User ID: 69328550
Canada
07/16/2015 05:07 PM
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Re: My open for all to see Forex trading account
Alright I'll watch your progress; I'd love to get into it more.
Fossil  (OP)

User ID: 69301413
Canada
07/16/2015 05:11 PM
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Re: My open for all to see Forex trading account
I went in on the CDN/JPY just under 97 so it looks played out, will probably take my money off the table... GBP/JPY will be left open
Anonymous Coward
User ID: 67401324
United States
07/16/2015 05:12 PM
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Re: My open for all to see Forex trading account
FOREX and SOFORT, the places you can exchange LindeX currency from the SECOND LIFE virtually Reality 3D game?chuckle

That's one of the games that we're currently playing, right?
Uriel
User ID: 32397903
United States
07/16/2015 05:17 PM
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Re: My open for all to see Forex trading account
I went in on the CDN/JPY just under 97 so it looks played out, will probably take my money off the table... GBP/JPY will be left open
 Quoting: Fossil


Ya, I got in late. At 95.70 for CDN/JPY and at 193.68 for GBP/JPY.

Down a buck, lol.
Anonymous Coward
User ID: 61439854
Argentina
07/16/2015 05:24 PM
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Re: My open for all to see Forex trading account
you can all see my trades live and statistics in my blog too. strongman shelford
Anonymous Coward
User ID: 61439854
Argentina
07/16/2015 05:25 PM
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Re: My open for all to see Forex trading account
you can all see my trades live and statistics in my blog too. strongman shelford
 Quoting: Anonymous Coward 61439854


so far as you can see, my 2015 returns are around 180%.
Anonymous Coward
User ID: 67401324
United States
07/16/2015 05:26 PM
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Re: My open for all to see Forex trading account
Got any iraqi dinars?
 Quoting: Anonymous Coward 69777401


That was going to be the currency, or at least they thought it would be with the reset that didn't happen!chuckle

You'd have more luck with SOFORT Banking ING or Robbedabank...I mean Rabobank of the Netherlands. They are all working for the computer game SECOND LIFE!chuckle
Anonymous Coward
User ID: 32397903
United States
07/16/2015 05:28 PM
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Re: My open for all to see Forex trading account
you can all see my trades live and statistics in my blog too. strongman shelford
 Quoting: Anonymous Coward 61439854


Cool, thanks for sharing.

silvertardsweride. blogspot. com

?
Anonymous Coward
User ID: 61439854
Argentina
07/16/2015 05:29 PM
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Re: My open for all to see Forex trading account
you can all see my trades live and statistics in my blog too. strongman shelford
 Quoting: Anonymous Coward 61439854


Cool, thanks for sharing.

silvertardsweride. blogspot. com

?
 Quoting: Anonymous Coward 32397903


yup. but please, don`t copy my trades now. I started trading live for my subscribers and I a musing high leveraged and risky strategies.
I am massively short gold now.
Uriel
User ID: 32397903
United States
07/16/2015 05:31 PM
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Re: My open for all to see Forex trading account
you can all see my trades live and statistics in my blog too. strongman shelford
 Quoting: Anonymous Coward 61439854


Cool, thanks for sharing.

silvertardsweride. blogspot. com

?
 Quoting: Anonymous Coward 32397903


yup. but please, don`t copy my trades now. I started trading live for my subscribers and I a musing high leveraged and risky strategies.
I am massively short gold now.
 Quoting: Anonymous Coward 61439854



I just wanted to make sure I had the right site.

I am very new and only have practice account. :-)
Anonymous Coward
User ID: 61439854
Argentina
07/16/2015 05:39 PM
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Re: My open for all to see Forex trading account
you can all see my trades live and statistics in my blog too. strongman shelford
 Quoting: Anonymous Coward 61439854


Cool, thanks for sharing.

silvertardsweride. blogspot. com

?
 Quoting: Anonymous Coward 32397903


yup. but please, don`t copy my trades now. I started trading live for my subscribers and I a musing high leveraged and risky strategies.
I am massively short gold now.
 Quoting: Anonymous Coward 61439854



I just wanted to make sure I had the right site.

I am very new and only have practice account. :-)
 Quoting: Uriel 32397903


ok let`s all share our trading ideas. I have no forex friends!
where do we can gather ourselves?
Uriel
User ID: 32397903
United States
07/16/2015 05:42 PM
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Re: My open for all to see Forex trading account
I am very new and willing to learn from anyone who is willing to help.

Also willing to pay a % of gains for help.

I just started learning about Forex. I catch on pretty quickly but I know this takes time to fully understand and make the right moves..
Anonymous Coward
User ID: 69672118
Slovakia
07/16/2015 05:43 PM
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Re: My open for all to see Forex trading account
Hi There!
I've been trading forex on/off. Quite a challenge for me to keep account in green numbers..
Will be happy for every opportunity to watch & learn :) !

btw, you can post pictures somewhere on web and link here. ..Mby something like [link to postimage.org]
{haven't tried myself}





GLP