My Forex Journey 2017
2017-02-08, 07:09 PM, (This post was last modified: 2017-05-02, 08:33 PM by v1rgil.)
#1
I've been on forex market for almost 2 years. I tried to trade using news. I was losing a lot because the market was already moving up/down until I got the news and to get into trading. We found several news services that this news appeared in 2-5 minutes faster, which meant that you could get in earlier transactions, which led to a better pips profit.
After you got the news service, you have to understand the news, how news affects market.
I tried using the MT4 indicators, but the market is unpredictable. Made some profit, but I had to stay at the PC, like 8 hrs/day or more.
So I decided why not copy a successful trader?!
Tools that I use:
- MT4 platform - To copy signals (Must keep PC alive to copy trades)
- Change size volume lot signals - You can change the lot size when receiving a signal.
- Signal Provider

*Note - Please don't ask a signal provider, the web is full of them.

Start Bank: 100 USD
Leverage: 1:500


February
Profit:449.21 PIPS - 296.72 USD

March
Profit:194.50 PIPS
Proof from MT4

.htm   Statement -February.htm (Size: 50.18 KB / Downloads: 20)
*
UPDATE: Looks like the NFP news blow my balance hard, will wait to see next week, if it recovers!
I need to change my strategy to minimise the loss. I was paying attention only to profit. (BIG MISTAKE)
------------------------------------
UPDATE March 14
Few positions recovered except GBPUSD, the signal provider doesn't want to close that trade. Will wait.
My balance is now 80 dollars, lost 600 dollars last Friday. Now I will decrease my lot size for my safety!

UPDATE March 19
Even I am using 0.01 I managed to rise my account to 120$. but I have -500 pips on EURUSD. March will not be a profitable month, too much high impact news.


UPDATE April 3
[ABOUT THE SIGNAL SERVICE] I am still getting signals from that guy, but on march he didn't gave so much signals only 2 signals per week), he was expecting for the EURUSD to drop, but I have seen today 2 new signals, so it's a new month, maybe he will start again to trade like he did before.
[ABOUT MY PLANS]
(PLAN A) I will let the signal service to do his job. I am looking to develop my own EA (ROBOT TRADER - for n00bs], based on my trading strategy, but there are much to clarify, I managed to find a strategy to enter in transactions, but I need to improve it with an exit which will give me a maximum profit.
(PLAN B) Someone sold me an binary indicator, that with some tweaks, I had on EURUSD 80% win, but only 5 signals per week. Because I have missed most of the signals, I need to develop an EA for this indicator.

UPDATE May 2
Hello, I no longer follow that guys signals, he is in a drawdown of 1.700 pips.
I am waiting for my binary robot to be done and test it.
I am trading forex, but manually!
I have launched a signal service. But mostly is for me to keep track of my performance.
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anthonytn(2017-02-10 09:20 AM) donsenc(2017-02-08 07:33 PM) 
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2017-02-08, 07:15 PM,
#2
Would definitely follow this journey. Always interested in forex but had no idea where or how to start. This will hopefully help me know a bit. Good luck OP.
Reply
2017-02-09, 02:05 AM,
#3
this is something interesting, i will follow your journey :)
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v1rgil(2017-02-10 06:38 AM) 
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2017-02-09, 05:12 PM,
#4
Stay away from forex. Especially from signal providers.
Banksters are invincible. Retail forex is there just to take money from gullible people.
If you do care for your health - please, just stay away. This is my friendly advice. From the hearth.
Take care yourself.
Reply
2017-02-09, 06:14 PM,
#5
Good luck in your journey mate! :)
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v1rgil(2017-02-10 06:37 AM) 

[Image: Untitled-2-1.png]
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2017-02-09, 06:33 PM,
#6
hey arent binary/forex methods forbidden on this forum?

Honest Binary Options Reviews - http://trackrgadget.club/
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2017-02-10, 01:42 AM,
#7
I am also interested with forex, i am also thinking to start working with forex market
Reply
2017-02-10, 06:37 AM,
#8
(2017-02-09, 06:33 PM)pipskok Wrote: hey arent binary/forex methods forbidden on this forum?
This not a method at all, just my journey, to keep track of my evolution and maybe help others or others help me!
If this kind of topic is not allowed, I will delete the topic.
Have a great day!
Reply
2017-02-10, 11:40 PM,
#9
I really have no idea about forex, can you provide me some details about this.

good luck for your journey.
Reply
2017-02-12, 01:15 AM,
#10
interesting journey to follow! good luck for ur journey.
Latest Thanks - View all

v1rgil(2017-02-18 05:20 AM) 
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