Recent content by purple_turtle

I am having serious doubts. When I am extremely careful I go no where. I then loosen up, and start having great days. "Ah Ha", I say - this is they way I am meant to trade, free like the wind. The sun is shining and the birds are tweeting. Then in minutes, the market turns and slams me into a...

Pretty entertaining read - and a huge lesson on what not to do. if you do no have a firm money management plan you not going to last long. Sounded like a real journal to me - but just a newbie, so what do i know.

Well, you where right for a quite a few hours - would have done well with a trailing stop. I wonder if using a TS when big announcements are about might be wise?

but I needed to get my money baaaaack.... :thumbsdow End up being my worst day for a couple of weeks - but had had a few brilliant, but way to risky days - so was bound to catch up to me. Today though, everything is working like a dream - was patient, thought about my trades and never went...

I think I better question would be what return could a half decent trader expect with a years experience with never taking massive risks? if course, it has to be sustainable as well.. From what I've seen, 5 - 10% per month is achievable -what do others think?

Did transfer some of the excess - was quite impressed at requested the transfer yesterday, and it was in skrill account before lunch today. BUT, it seems once you request your transfer, you loose your "credits" - money that they give you as a bonus that you cannot withdraw, but you can trade...

Nice post - think we have all had those winning streaks where we start mental car shopping, before it all crashes down. I guess the big question is will you learn from it? Or will, if it happens again, will you just get caught up in the moment again?

After this week - and thinking realistically how I trade - I am going to incorporate some of this. Had a really good week, but instead of trying to grow the account to a decent size as quickly as possible, will be removing all amounts above my target - and let them sit in an account - my" just...

You need to go through the whole registration process - proof of address, ect. But do not think you need to deposit anything. XM also gives you $30 free credit. Not experienced enough to really rate them, but happy so far. Did look at tickmill as well - also has comps - not sure they work

The point I was making was that I was a lot happier with the first day - less money, but way less risk - hence, maturing.

Fisherfisher - I've retired (at 40, but on a bit on a budget) - so have lot's of time. I live off dividends - but could really do with some extra money, but for me - even $200 extra per week would actually be quite a bit. But if I had a mortgage and actually had to live off the money I made I...

That's a pretty interesting point - that it could be worked around to be part of the strategy. The account would have to be kept small and, as you say, cleared out regularly with part of the money going into a "new account " fund, as the account would blow up fairly regularly. Don't think my...

Ok, so only started at the begging of the year, but am trading fulltime on a tiny, micro account - once I have satisfied myself that I can make a controlled, regular income I will up the stakes to a level that I feel comfortable with. Yesterday I had a great day, hitting my target with very...

I have started trading FX - something I never thought I would do. But I really do need stops - the mental stops just didn't work, no surprises there I guess! Today had a big "spike" - but it seems getting out at your SL is no problem - there is just ton's of liquidity. And just to reiterate -...

Cheers for the responses - pretty sure that article was not the reason for the spike. In a nutshell, the article is just saying Sygnia is more open about their remuneration policies than Coronation - Coronation have not been that open about it, but that story broke a while ago. Own shares in...