Recent content by GlenGary

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    How can excess greed be controlled?

    Greed doesnt exist in Forex, unless of course, you know tomorrows price action today. Over Confidence does however. Your signals should keep everything in check, as they control expectations and outcomes.
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    Whats your total max risk?

    50%--@ 1:50 lev
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    Want to be a trader? Learn to be a loser...

    Failure is a tool telling you your adaptation is incorrect.- GlenGary
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    How good are you at trading - just be honest

    I feel I may be in the top 5 In the USA. 148% gain in 16 trading days, 49 wins 0 loses Real Money, My snowball is growing, and just about to freefall down the hill, and Im ready!!
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    FAQ How Much Money Does a Trader Need To Start Trading?

    You need $5. If you cant trade with that, you cant trade with $5,000... At the end of the day, a Pip is a Pip, and risk is lack of preparation. To get good, you need to trade as if it was a "Get Rich quick scheme".. Practice, Practice, Practice = PERFECTION. You NEED FEAR IN THIS...
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    NFA Bans Credit Card deposits for Forex

    Thanks for the Input. Peter, I agree, knew this was on the horizon sooner or later. When I got into Forex, something told me, Its not going to last long, so dont screw around, learn to Get Rich Over Night.. Because in the end, thats the only option. All in with confidence, and compound like...
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    NFA Bans Credit Card deposits for Forex

    If you havent heard, deposits for Forex accounts no longer can be done with a credit card. Im not sure on everything yet, but does this include Bank debit cards? I also seen it might be everything electronic, including paypal. I trade with Oanda, and usually use debit card via Paypal, and...
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    Forex Desk Closure

    Hey, thanks for the contests, none the less.. I made me a better trader in the long run.. They were fun, and frustrating at the same time.. I have been here since the very first, to the very last, lots of ups and downs, but learned a lots from the experiance. Couldnt we use Fxbook or something...
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    T2W Forex Contest - Week T2W-NOV12

    ForexDesk not updating price? Is it just me?
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    Is Scalping really helpful?

    I scalp, and Im very good at it.. BUT, the key isnt all about getting small chunks, for 8 hours a day.. The key is maximizing your moves, and make the most of them each and every time.. Scalping is intense, and allot of brain work, really.. So, you want to make your money, and call it a day...
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    Do you have an EGO while Trading in Forex?

    Ego= Swagger You HAVE to have this, as its just a mental zone that is built thru confidence and evidence in positive production over a period of time.. Trading is a business of probability.. What a trader has to do is, build up himself with confidence in the followed process of the strategy...
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    T2W Forex Contest - Jul 2012 - $150 worth of Trading Books

    Cool, thanks for your efforts Trader333:thumbsup:
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    T2W Forex Contest - Jul 2012 - $150 worth of Trading Books

    lol, well, it just opened a short for me, @ 1.2300 ( price is at 1.2264 right now ) and current close price on FOrexdesk for my trade says, oooooop, just looked, it closed for me at 1.2308 with a loss of 8 pips, close time was 10:17am(12:43 real time) sweet
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    T2W Forex Contest - Jul 2012 - $150 worth of Trading Books

    I trade high Risk, 60-80 margin, so really, 5% is from 25-30 pips a day. If you trade oanda, max units but 200 or so, and it means around 15 pips a day.. Have to be precise tho, no margin for error.. Learn to win consistently, and use stop losses.. Never allow your account to lose more then...
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    T2W Forex Contest - Jul 2012 - $150 worth of Trading Books

    The thing is, most are even limit orders, the differance from mt4-forexdesk is $1,400 and just missed another $600 Heck, signing up yesterday, took like 4 hours for my account o show, then could make a trade for another few hours.. I personally think we should be using fxbook or something...
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