Recent content by fx turtle

A 15% return per year is very good if you are not actively trading, but if you are involve 16 hours per day, then 15% per year is not that good anymore. You have to ask yourself if the time and effort you spent is worth 15%. Cheers, FxTurtle

Start with an amount that you can completely afford to lose because most likely, this amount will be gone if this is the first account you ever opened in your life. Start trading with the correct mindset and right from the get go, respect risk right away, by having a leverage not over 50:1...

One thing I found why forex is difficult it is because we have a beating heart and a functioning brain. It is the emotions that we have as humans that makes trading so damn difficult. Cheers, FxTurtle

I will keep this thread alive and will update every end of the month. Cheers, FxTurtle

Keep in mind that no best forex system (in terms of entries and exits) will help you make consistent profit if you do not take care of the most important aspect of trading. Risk Management. Excellent risk management will ALWAYS save the day when the going is rough. Cheers, FxTurtle

Attached is my trade manager EA that someone coded for me. I tested this EA last since January 2, 2015 and based on my requirements, it is fully working. Input parameters: Manage all pairs (If true, attached the EA in only one chart and it will manage different pairs. If False, it will only...

Here is my suggestion to you young padawan. 1. Get the forex basics sinked into your brain. This is a free resource to get started with forex. http://www.babypips.com/school 2. Write down your goals, resources (funds, time, emotional capability, skills, etc). Do you want to be a technical...

The real question is that: How long can my £100 last before I fund my account again.? My answer is: Maybe a week or two.

Yes and Yes. I hope you're not. Cheers, FxTurtle

I got hammered the week ended April 18th. I recovered a little bit with two GBPJPY trades for +70 and +100 pips to end up the week with -331 pips or -5.88%. The month is still positive, we'll see how this month will end up. Cheers, FxTurtle

The week ended April 11th started a bumpy ride, but recovered the loses towards the end of the week to end up positive for the week and for the month. Cheers, FxTurtle

I have a good start in the month of April. USDJPY will be traded in this account starting April 7, 2014. For the month of April three pairs will be traded in this account. GBPJPY GBPAUD USDJPY Cheers, FxTurtle

The account ended negative for the month of March, but the loss is very minimal. The last 3 trading days of the month won over +300 pips that recovered most of the loses from the previous days. Cheers, FxTurtle

February performance update: The month of February ended with a modest gain, but well below my target. The first two weeks saw gain over +600 pips only to be erased during the last two weeks and reduced it to only +300 pips at the end of February. Total deposit from my own money deposited in...

DowJones, You stated this in the other thread: "My point (as I've said numerous times here and on your thread) is that your lack of risk control is a big factor in the returns you advertise. If you disagree, I suggest you trade your current system with 5 full sized lots and see how the...