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Filthy Rich for Dirt Cheap - Ajaymein

Posted: Thu Nov 18, 2010 3:51 pm
by ajaymein
10 - 20% Daily - $2,200 starting balance - LOG
November 18, 2010
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The methods and knowledge I have gained at this forum from TRO, MightyOne, dragon33, and es/pip have lead me to be profitable. Thank you for sharing your very helpful charts and ideas!!!

I have put in a healthy 5 figures into my Forex "tuition" which I have now finally started to recover in recent months. However, I believe if I started a thread that had a continuous record of my goals, I would boost my success by leaps and bounds.

Because I am an avid poker player and used to be a heavy gambler, occasionally I run across a day that I by mistake let the gambler side of me take a trade which inevitably leads me to be a boom-and-semi-bust trader. I've quit gambling for a while now so I can fully sharpen my trading skills, and I believe having a thread will in a sense force me to place trades by my rules, not random trades just to get action.

I only have a few simple rules that need to be posted...the rest is in my head.

**************

1) Achieve 10-20% daily utilizing MAX leverage (50:1) on each trade.
-Once I hit 20%, DO NOT let account balance fall below 10% profit. I can continue trading as opportunities come in.
-Keep 20% daily profit in account. Excess $$$ can be withdrawn for bills and FUN.

2) MAX DISASTER S/L of 20 pips. If entry forces a bigger S/L, DO NOT TAKE IT. Wait for a better price.
-Stop trading for the day if you have 3 consecutive STOP OUTS.

3) TRADE WITH MOMENTUM.


**************

Every trade I place I will post. After I exit the trade, I will post an updated chart along with total pips and % GAIN/LOSS due to the trade. At the end of the trading day (12:00am CST), I will post a screen shot of my account to keep track of my balance. I use OANDA to place trades and MT4 for charting and signals.

Ultimately, I want a six figure account. Then, I have a plan to make 7 figures every year...who needs 6? 8)

I'm about to make this s**t happen.

FILTHY RICH FOR DIRT CHEAP!!!

Posted: Thu Nov 18, 2010 4:08 pm
by es/pip
nice


not going to say good luck because i have seen your charts that you have posted.

so i will just say

go knock the balls off of it :wink:

Posted: Thu Nov 18, 2010 8:54 pm
by ajaymein
es/pip wrote:nice


not going to say good luck because i have seen your charts that you have posted.

so i will just say

go knock the balls off of it :wink:



It's time to see just how stupid this jungle can get :lol:

Posted: Thu Nov 18, 2010 8:59 pm
by es/pip
ajaymein wrote:
es/pip wrote:nice


not going to say good luck because i have seen your charts that you have posted.

so i will just say

go knock the balls off of it :wink:



It's time to see just how stupid this jungle can get :lol:


it can get pretty silly at times 8)

Posted: Thu Nov 18, 2010 9:05 pm
by es/pip
this is a winning attitude----- i like it i like it

you have to trade like you walk into a bar.

when i walk in a bar everyone knows i just walked into it. They know this because i walk in like i own the f"n place, not in an *censored - swear word* way but in a confident way.

think big make big money

think small or think failure then you will be small and fail


kill or be killed 8)

Posted: Thu Nov 18, 2010 9:12 pm
by ajaymein
STARTING BALANCE.

Image

I doubt I will take any trades until later tonight or tomorrow morning.

Posted: Thu Nov 18, 2010 9:58 pm
by ajaymein
I lied. Currently in this trade. May exit early.

Image

EDIT: Closed trade at -0.1 pips. Had a potential 8 pips and reversed to miss my SL by a few pips.

Posted: Fri Nov 19, 2010 12:28 am
by bacoazul
:shock: :shock: :shock: :shock:
Oh my, you're my new Hero

Posted: Fri Nov 19, 2010 2:24 am
by ajaymein
Next trade.

Image

Re: Filthy Rich for Dirt Cheap - Ajaymein

Posted: Fri Nov 19, 2010 2:28 am
by pablo101
ajaymein wrote:I'm about to make this s**t happen.


Great attitude! :smt023

ajay, what times do you trade and how long?