Posted earlier today about not having a single losing trade today and some faggot called me out for using small lot sizes.
Well thanks for the motivation, I increased my account by half today. My goal is to hit a million dollars in the next 2 months. Don't wish me luck, I don't need it.
Jace Rogers
Well done , following.
Waifu user here
Jeremiah Turner
Enjoy losing money on crypto faggots while I enjoy 10% returns every fucking day.
Matthew Campbell
Bump
Julian Mitchell
>90% of individual Forex traders lose 55% of their capital in 1 year, french SEC study says Enjoy being lucky while it last, winning consistently on Forex as an individual is proven almost impossible, let alone 10% per day
David Butler
"Proven"
Lol
Grayson Adams
Ah the Forex. Brings back memories.
Kayden Thompson
bump, tell me more about your forex adventures op
Lucas Jenkins
What do you want to know?
Jaxon Williams
what platform do you use, your technique, ect. actually do you have links to your old threads?
John Cook
If you're talking about me I never said you needed to increase your lot sizes. I said you needed to fix your pip risk to reward ratio. Completely different things.
Lucas Rogers
how much do i need
Austin Phillips
It's possible but just really difficult. Even when you know what to do you can still lose or miss out due to emotions and hesitating or being impatient.
Jack Bailey
What a gay thread. You're going to wipe your account out you dunce.
Jose Wilson
Why do you think that?
Noah Gomez
HOW?!? i have negative balance since i started trading forex, was actually thinking of changing to crypto beacuse more volatility and there is no fucking high frequency trading ( i think)
Leo Williams
also, what platform/broker you use? i am kinda new at crypto but been in forex for 3 years (already passed the phase of indicators and useless bullshit)
Hudson Morales
I use Pepperstone. Their Razor account gives me almost 0 spreads and their cTrader is awesome. Would recommend.
What strategy have you been using in Forex? How exactly do you trade? Which pairs?
I've come to accept that way too much in Forex is hidden from us daytraders that using fundamental analysis only is almost impossible if we're to make money.
Now I use simple chart analysis where I try to look at patterns using Renko bars.
Charles Robinson
only trade eur/usd, i don't trade fundamentals, only "technical analisis". I have a thing where i trade with progression. Like i do 10 trades and point them out, then if it is negative i trade more units on the next 10 trades. It would be great with higher volatility but i think the forex market is "rigged". Looking forward to try that strat in crypto (applying price action in every trade, of course)
Bentley Garcia
Also currently working on an EA based on my strategy. Still in testing phase, tried it for the first time today.
Pic related. Not too shit, but nowhere near enough testing done to have a proper idea of its results. If it works fine, I'll post it on here soon and share it with you guys.
Also, I'm OP in case you didn't get it yet.
Jaxson Clark
it's a scalping/money management strat
Ryan Watson
...oh, you are? so you trade forex and crypto? what EA you use? 20's?
Ayden Stewart
A few thousand.
Jeremiah Cruz
You are going to lose every time like this.
Justin Martinez
EA = Expert Advisor = Bot/script I got coded that does my forex trading for me automatically.
Jose Miller
>I use Pepperstone i was asking about a platform to trade crypto. I know how to buy bitcoins and stuff but never seen a good broker for crypto coins.
Grayson Howard
Are you thinking of moving averages?
Hunter Edwards
implying it's possible to profit long-term in forex in any other way
Liam Foster
the way you're trading sounds retarded and sure way to bust your account
Joseph Green
i was thinking he was saying EA = exponential moving average. Anyway, how do i like buy and short crypto coins? can you give me a reference for me to search ?
Camden Johnson
Is there anything on Robinhood I can buy for 5 dollars? Just looking to putz around with some small trades to get a feel for it.
Bentley Sanchez
Find a broker with low minimum deposits. Pepperstone has $200 for the razor account and $0 for the standard one if memory serves me right.
Get a demo account first, play with it, try to get hang of stuff such as how leverage works, the platform, etc. Afterwards is when I'd recommend trading with real money. But don't wait too long before investing real money, because at least for me personally I lose motivation learning on play money. You don't have to invest a large amount, start with a $100 as a learning experience, if that's an amount you're comfortable with losing. Otherwise play demo.
Nicholas Robinson
This was meant for:
Joseph Sanders
Any advice for us less talented investors?
Luis Sanders
>MUH FOREX DErP >MUH TA CHARTS >Only 900$ profit >uses /biz to validate feelings
Kek im done
Grayson Ward
You are probably in the top .1% performing of Forex traders, someone doing equally well in crypto would have even higher gains. That said stick with whatever works for you, you'd think if you were good at one you'd be good at the other but it doesn't necessarily work out like that.
Nolan Walker
traded forex for 5 years and actually made money. ama.
i don't do as much forex anymore due to crypto being insane, but 15% of my investment is still there. rest is crypto and a few stocks/etfs
Aaron Brown
It kind of does.
Dylan Gomez
>he fell for the forex scam
Unless you are using big money and 2x leverage tops you are getting scammed
Nicholas Nguyen
Which pairs did you focus on? What was your pip risk to reward ratio? Which platform did you use?
Logan Russell
>2x leverage I'm not even sure how much leverage I can use but it's an insane amount.
Ayden Wood
>"insane"
Don't know why anyone would stay in forex amd miss these fucking gains bro.
Leave them behind, don't look back.
Carter Thomas
euro/usd, pound/yen. never more than 1% of capital and i first use forexpro but then when i was more experienced oanda.
Elijah White
>someone doing equally as well in crypto would have higher gains.
Nah dude. As someone with a stats engine plugged directly into forex via a hedge's seat, you should see the amount of money that moves within minutes. I'm all about that SEC regulated, pure liquid movement. The word market cap means nothing to a liquidity manager
Isaiah Hughes
also sorry, i've had a few drinks tonight.
Jack Smith
Newbee
Can someone tell me how to get money into bittrex so i can start trading?
Joseph Turner
Forex gives up to 500 leverage. I don't know where people got the idea you can't make insane gains in Forex. I think you can make the highest gains out of crypto, stocks, etfs etc in Forex due to $4 trillion daily liquidity, insane leverage available, and volatility.
Parker Gray
thats the point.. the leverage should be an indicator you are getting scammed
oh they love suckering you out of your money
Jaxon Cruz
i'm gonna lay out my trade strat for you user. take it however you like, but i did this for years and was successful. i worked night jobs and would be home around the time the european market would open.
every sunday night i would use horizontal lines for the sunday open, the weekly average range high and lows and then throughout the week mark the daily high and lows. i'd then use rsi and stochastics to to really only look for divergences and then trade fibonacci/harmonic patterns. it was tedious bullshit, easy work but it made money. it's kinda incredible that i would actually make money doing something so fucking easy. if you ever even mention what you do to people they would think you're some kind of genius and always follow up with questions about what to do which is why i stopped actually going into detail what i did.
Mason Allen
Dude says naaaaahhhh. Stay deluded. Crypto shits on forex 10 out of 10 times, my man.
>tfw 200%, 500%, 4000% up on most investments.
>tfw only winning in crypto since started 1 year ago. If you arent retarded that is.
Julian Nguyen
well you're right about one thing. it is rigged. The whales can see where all the orders in the order book are. So they'll move the market to hit all the stops, then reverse. I wish I could find a way to take advantage of it, but they don't always do their tricks.
for example instead of buying on a breakout play, put your sell order right where its supposed to break out. then watch the price just tank because that's where everyone's buy orders were
Kayden Baker
not correct. it used to give really good leverage but dodd frank act reduced most us brokers to 50:1.
Hudson Cook
>My goal is to hit a million dollars in the next 2 months. >Waifu user here topkek
Blake Collins
Only if your account is created in the US.
Ian Morris
And 1:50 is far more than reasonable leverage anyway.
Jonathan Gray
trading with more leverage than that is suicide anyway. It's no fun to get a margin call on your account 3 seconds into a trade
Lincoln Clark
it's bullshit user. if people are willing to throw their money way in some uneducated trade, someone like me is affected? tight stop losses and money management will prevent any kind of margin call.
Asher Brooks
there are several lot sizes for different capital investments. it shouldn't hinder my trading what some retard is doing.
Tyler Morgan
Finally another for example trader I thought I was the only one in Veeky Forums lol. Doubt you will meet your goal, your to over confident. But I wI'll follow this thread nothing is impossible.
Asher Myers
"educated" lol. leverage at that level amplifies random noise. You're basically gambling the 1 minute charts at those leverage levels. and the way stop losses work with bid/ask spread you'll get forced out of a trade you didn't want to exit with a tight stop
Connor Clark
very nice. I think we have the same approach.
Logan Sullivan
>assuming this community is good at making a profit in crypto
500:1 leverage, legitimately cannot move the market even when moving $50bn+ at a time, and its regulated, unlike crypto which has the ability to get volatile on a single tweet from a pajeet. There is a reason banks won't touch crypto with a 39.5 ft pole.
Anyone who says they make any sustainable amount of money on forex with less than 1 million dollars is most likely fooling you. They don't have direct access and are getting fee'd out the ass by their broker. Only way is hitting high probability of all trades made. Our software trades every single trend above 99% probability and those gains are daily %'s on large amounts. If I need to write some simple code out to explain how much the big players are making daily on forex with 1%-10% daily gains, I will, because crypto can't touch it.
Kayden Roberts
>1 min chart sorry, didn't do that. at the very least it was 30 min charts and that was mostly looking for confluence on 1h/4h. the 1 min chart people are fucking animals. forexfactory and the circles i ran in during those years, i didn't meet anyone that successful at 1min charts.
either way, never risk more than 1% of your capital per trade. even with 1 min charts and due diligence, you should be successful if you're applying appropriate fundamental/technical analysis. 60% success rate is really good if you have proper money management.
Asher Morgan
shut up faggot I bet you lose money in forex 100%
and OP, you are annoying as shit
Owen Jackson
You're saying you used 500x leverage? I'm sorry I don't understand your point about leverage
John Perry
i didn't trade using 1 min charts. sorry like i said i've been drinking. i would adjust my lot size appropriately to my stop losses so that it was no more than 1% of my investment. whatever user. ask me anything. i literally gave out how i used to trade.
Henry Scott
Mind sharing your strategy early? I play with forex but haven't really come up with a solid strategy besides buying/selling on market overreactions which aren't super easy to come across unless you use a bot that can read news.
Isaac Flores
take geppy for instance. huuuge volatility and swings. for those trades you would have to certainly adjust lot sizes. there's just no way for the hundred+ pip stop losses you would chart.
Andrew Taylor
delusional m8
10% gains is shit, kys
Benjamin Gray
haha that's the thing. before crypto, 5-10% a day was like fantastic.
Adrian Roberts
what a meme
Jaxson Johnson
I mean I personally don't care what "educated" gibberish he spouts to make forex seem better for gains. More stable, sure.
How could anyone sit here and talk about muh 500x leverage when I'm sitting here with multiple coins, ranging from 50% - 4000% increase, that are going nowhere but up. I mean is it really that hard for you poor-fags to be patients, find a dip, and just watch it pump from "tweets". It's orgasmic.
tfw under 30 and already successful.
Kayden Edwards
You're not successful until you cash out.
Dominic Hernandez
lmao you have a good week and brag about 6k. give it a month and youll have 1 whole btc lil guy
Owen Scott
You are both retarded, theres no chance any of you have ever made a profitable trade
Logan Johnson
why would I let it sit in a bank for ameri-fags to use? Even on my worst days I'd rather see it in crypto than USD lol
Brayden Bailey
I don't understand why it has to be a competition between forex or crypto. Trade whichever one you want, or trade both if you like too. You're defending it as if you're the owner of all crypto in the world and your reputation is tied to cryptos reputation.
Like, chill.
Lucas Cruz
>HERP DERP ETH at 190 >oh yeah IOTA at 15cents >or maybe monero at 1 dollar
the list goes on, buddy.
Have fun with your 10% brainlet
Zachary Sanders
>for example instead of buying on a breakout play, put your sell order right where its supposed to break out. the "contrarian" strategy...already tried it, it's weird thinking about how "not to trade"
Jace Murphy
>participation award
go to your safe space and pray to Allah you sand nigger. EVERYTHING is a competition.
William Cruz
>buying 'muh tech' shitcoin is trading
Id like to see your losses, but you wont show me the truth. I bet you are hard down on satoshi count
Elijah Rodriguez
>muh 100 btc is now worth $700k after fees
absolutely laughable. Im not sure you know how percentages work.
This guy gets it.
Logan Morgan
I ain't getting on my phone because I'm a lazy ameri-fag but my biggest loss was TENX fucking POS bought it at 5$ LOLOLOL
Kayden Gutierrez
>Our software trades every single trend above 99% probability... what are you selling? (rhetorical question, pls don't)
Nathan Miller
You're the guy that's the fucking joke in this thread. You have posted nothing of value. You are most likely broke.
Grayson Johnson
Forex trader baby boy mad about not maximizing gains in the wild west of crypto that it is.
my gains are noted, still waiting on ODN to pop for more but I'm sitting comfy af for someone under 30.
Christopher Bailey
"sucessfull" >dady's money tfw almost 30, still a pleb
Ethan Rivera
Why would I be mad about it?
Sebastian Adams
If you have traded forex as you say and have watched the books, you know exactly what im doing goy.
This pajeet is legit triggered that he can't play in the big leagues.
Liam Thomas
coming from the guy whos never made a 1000% profit KEK
Evan Parker
Do you know how compound interest works?
Great job you made a 1000% non-compounded gain on your $10 investment.
Connor Lewis
i am confused, rabbi. Do you do high frequency trading? that's pretty rare market. Either that or you have automatic trading software crap
Gabriel Ward
you mean hard earned money? Wagecuck server in one of the richest cities in the US. Even without crypto I'd be fine, 40 hours a week, but i'd manage.
My parents are poor af, I'd never rub my crypto gains in their face. Gotta help the senpai with bills tho.
Jack Baker
Only invest with thousands, gotta start somewhere. Who the fuck invests under 1k per coin/stock?
its called a CREDIT CARD!
Nolan Peterson
Again, dont think you know how percentages work, and lel at a $1k capital investment.
Looking to get into HFT (need courage to drop millions on hardware/infrastructure), simply software trading a low intervals (1 min, 3 min, 5 min, 15 min) on many different exchanges. Specifically Forex just allows us to engage in every single trend without fear of market moving.
Alexander Bennett
Ok bro. You seem to have some issues that require you to seek validation, in this case you've attached your value to your crypto gains and you seem to have to defend crypto to defend yourself.
You're not crypto. Just because someone has more or less money than you doesn't mean they're better or worse than you, it only means they have more or less money.
Good luck in your crypto gains, if I see an opportunity in it I'll join. I don't have anything personal against it. Don't take stuff so personally, develop such a personality that your identity is only tied to yourself.
Oliver Sanchez
Can you tell me more about your strategy? I'm interested. What's your win rate? R:R ratio?
Jason Diaz
damn big boy who laughts at 10k profit off 1k investment. Sorry you don't come across these and capitalize on them DAILY compared to your 3 years for 15% return.