Frixxxx's Account Talk!

[Minnow]

Made some good pips (EUR short) last night... (still fake money though)

Hope you did well with real money...

Go Bucky!!!

 

[Frixxxx]

Made some good pips (EUR short) last night... (still fake money though)

Hope you did well with real money...

Go Bucky!!!

Congrats ~ Minnow, nice time to be short on the EUR.

I caught my wedge in the GBP/JPY and got both sides famously. Been outta the USD/JPY it dropped into stagnate country after 91.

Hope I can get my SEC license squared away in February or March. We can actually become fund managers after that and then implement our method.

Nice thing is, our corporate account is 36% for 2010. It is allowing us to actually look at some office space.

Can't wait to get out of the stock picture. Since I can't hedge here in the states, I'm feeling hog-tied on my investments.

 

[Minnow]

Got my fake stops moved up... nice feeling.

Making a little imaginary change on the dollar doing so well too.

This fake account only has 3 more days to go and it will be a new record for me. Money management really is the key to this thing.

I didn't know you did cross currencies. Cool. I hear good things about that GBP/JPY cross.

You doing the UK based FX stuff? Anyways, good luck with capitalizing on your success. Nice to see a fellow TSPer doing well in "the real world."

 

[Frixxxx]

Got my fake stops moved up... nice feeling.

Making a little imaginary change on the dollar doing so well too.

This fake account only has 3 more days to go and it will be a new record for me. Money management really is the key to this thing.

I didn't know you did cross currencies. Cool. I hear good things about that GBP/JPY cross.

You doing the UK based FX stuff? Anyways, good luck with capitalizing on your success. Nice to see a fellow TSPer doing well in "the real world."

Cross currencies for my approach are working better than the Fab Five. It works on them but slower returns and they grow stagnate.

Even if you only know the psychology of trading, then you can anticipate moves in currency. I've made 10% in 30 seconds of the Nikkei open based just on futures and normalcy of indicators (USD/JPY).

Anyway, keep it up and hope to hear that you start a run at some real money!

 

[sdouglas3]

Hello Frixxxx,

Are you allowed to share your secret formula or indictors? I am interested in what and how your trading. I say this with a smile of course.

I'm still using Robominer and it just goes and goes and goes. I get drawdowns but it seems to find it's way to still make money.

Thanks,

Steve

 

[Minnow]

I'm still using Robominer and it just goes and goes and goes. I get drawdowns but it seems to find it's way to still make money.

I know you wrote this to Frixxxx... but.. I looked into the Robominer and I like what I've seen, heard and been told by users so far. When or if I decide to put real money on the line, I might use a combination with 50% of my allocation using the Robominer and then another account going with the Minnow "spray and pray/run and gun" method (which is still being fine-tuned to great precision ).

 

[sdouglas3]

I know you wrote this to Frixxxx... but.. I looked into the Robominer and I like what I've seen, heard and been told by users so far. When or if I decide to put real money on the line, I might use a combination with 50% of my allocation using the Robominer and then another account going with the Minnow "spray and pray/run and gun" method (which is still being fine-tuned to great precision ).

Not for sure what the "Minnow, Spray and Pray/Run and Gun" method is. But, I would just follow RM and let it make you money. Before using RM, I have found that when I stay up all night watching charts and trading that I lost more money than what it was all worth. So, I let RM do the trading and I sleep good at night now.

 

[WorkFE]

"spray and pray/run and gun"

You stoll that from my ML investment advisor:laugh:

 

[Scrappy]

Still a little time here............

Is it a buy for the I? Yay or nay? :blink:

 

[Minnow]

Not for sure what the "Minnow, Spray and Pray/Run and Gun" method is. But, I would just follow RM and let it make you money. Before using RM, I have found that when I stay up all night watching charts and trading that I lost more money than what it was all worth. So, I let RM do the trading and I sleep good at night now.

Yep, I like trading with fake money so I actually understand the structure and terminology and how things work (kind of). That way, I can realize just how incompetent I am, and just how over my head I am and let the platform (RM) do all the work.

If you don't mind me asking, is your dealer/broker/whatever fx term you want to use US based or UK based or based elsewhere? I haven't formed an opinion as to which is better and would appreciate an opinion on it.

 

[Minnow]

Still a little time here............

Is it a buy for the I? Yay or nay? :blink:

My trigger finger is itchy... I'm holding off and not going in...

but I've been a good fade for about the last year, soooooo... you still have time to seek answers elsewhere...

*that didn't help did it?

 

[sdouglas3]

Yep, I like trading with fake money so I actually understand the structure and terminology and how things work (kind of). That way, I can realize just how incompetent I am, and just how over my head I am and let the platform (RM) do all the work.

If you don't mind me asking, is your dealer/broker/whatever fx term you want to use US based or UK based or based elsewhere? I haven't formed an opinion as to which is better and would appreciate an opinion on it.

I use Forex.com UK they allow 200 to 1 leverage and you need this for RM to work effectively. 300 to 1 would be nice but 200 is okay. I don't use a broker from the states because of all the new NFA rules that have effectively ruined trading in the US. I am talking about the new FIFO rule and a new one coming the will reduce leverage down to 10 to 1. That won't work with me. There are othe brokers out there as well. You just have to search around. Forex.com UK is recommended by RM staff.

Hope this helps!

Steve

 

[Scrappy]

My trigger finger is itchy... I'm holding off and not going in...

but I've been a good fade for about the last year, soooooo... you still have time to seek answers elsewhere...

*that didn't help did it?

Of course it helped. I was determined to follow whatever the first reply was so............I'm holding off and not going in.

 

[Minnow]

Of course it helped. I was determined to follow whatever the first reply was so............I'm holding off and not going in.

Then you fully understand my spray and pray/run and gun method :laugh:.

 

[Minnow]

I use Forex.com UK they allow 200 to 1 leverage and you need this for RM to work effectively. 300 to 1 would be nice but 200 is okay. I don't use a broker from the states because of all the new NFA rules that have effectively ruined trading in the US. I am talking about the new FIFO rule and a new one coming the will reduce leverage down to 10 to 1. That won't work with me. There are othe brokers out there as well. You just have to search around. Forex.com UK is recommended by RM staff.

Hope this helps!

Steve

Helped very much. Thanks.

 

[Frixxxx]

OK PEEPS,

FXCM in UK is the best place to go, that's who I use. Only 100:1 ratio but I adjust trades accordingly.

Forex.com is nice as well as IBFX.com. No hedging though.

If you use Scottrade or sharebuilder and can trade your own stocks, you can trade forex. No brokers!

No I Fund for me...Dollar index to strong, but then again, I don't day trade TSP anymore....kinda useless.

Minnow, stop stealing Sdouglas's thunder:laugh:!!!!!

Practice makes perfect or close to it.

 

[sdouglas3]

OK PEEPS,

FXCM in UK is the best place to go, that's who I use. Only 100:1 ratio but I adjust trades accordingly.

Forex.com is nice as well as IBFX.com. No hedging though.

If you use Scottrade or sharebuilder and can trade your own stocks, you can trade forex. No brokers!

No I Fund for me...Dollar index to strong, but then again, I don't day trade TSP anymore....kinda useless.

Minnow, stop stealing Sdouglas's thunder:laugh:!!!!!

Practice makes perfect or close to it.

Just an update! With Forex.com UK you can hedge and they do have 200 to 1 leverage.

Steve

 

[Frixxxx]

Just an update! With Forex.com UK you can hedge and they do have 200 to 1 leverage.

Steve

Make sure, limitations exist for accounts younger than 6/15/2009. (NO HEDGING)

Leverage - Most 200+ leverage accounts are micros, so even though it feels like you have 100K lots, you really only have 1K lots.

 

[sdouglas3]

Make sure, limitations exist for accounts younger than 6/15/2009. (NO HEDGING)

Leverage - Most 200+ leverage accounts are micros, so even though it feels like you have 100K lots, you really only have 1K lots.

Yes, you are right!

Steve

 

[Frixxxx]

Free of my poll results..I'm free...free!!!!!!hahahahahahahhaha