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  1. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    CarrieW, When I read your trading hours, it is obviously that you get your profits during the Frankfurt and London open. Normally this lasts until the first two hours after the open. Then it gets slow until the New York open. Maybe you should write down all your past trades in an excel with...
  2. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    If you start the day with bagging a nice quantity of green pips, like today, set a daily target and close the tradestation or continue on demo. If I understand correctly, your account is $50, you gained today 200 pips @ 0,01 which is $ 2, so you gained 4 % today... FANTASTIC !! You haveto...
  3. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    CarrieW, you're lucky with the chair, but I'm sorry to hear it doesn 't solve your problem. Looks like you would need a laptop after all. I am working from a laptop and trading on the same laptop. I work fulltime as as sales manager in the furniture industry and do the trading on the side...
  4. U

    $3,000 to $1,000,000 in 15 months: HOW TO DO IT

    IDEA 
    Sorry to hear about your friend. Thanks for your input, but I have a slight different opinion. Simple fact is that forex is NOT "get rich quick", it is a BUSINESS, you have to learn like any other business. The fact that it is easy to enter this business, does not mean it is easy to make...
  5. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Hi CarrieW, Sorry to here about the physical problems. I think a vital piece of equipment for the professional trader nobody thinks of is ......... the chiar. You should look at the Aeron of Herman Miller or Freedom chair from Humanscale, just google. When you are sitting so many hours in...
  6. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    I then only hope you take less risk on your regular account ;)) Capital preservation should be your NR. 1 Rule. Like the two rules of Warren Buffet: 1. Dont loose your money 2. Dont forget rule nr. 1. Green pips Udine
  7. U

    $3,000 to $1,000,000 in 15 months: HOW TO DO IT

    IDEA 
    Why complicate matters? Remember the inventor of the "Powercheck" which is on the Duracell batteries?? What would you think if he would start from scratch and build a factory to produce batteries, instead of "just" selling his product to Duracell and receive a few cents for every item sold ...
  8. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Why risk so much ?? A simple calculation: If you start with $ 3.000 and get just over 2 % /day (2.1% to be exact), you have the 1 million in 15 months of the Russ H. challenge. If you start with just $ 1000 and make consistently 1 % / day in three years time, you have reached the 1 million...
  9. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Just an update. I have changed the leverage down to 50:1 today. Todays results + 6% to the account. FYI I have attached the traders-checklist, which is perfect to describe your thoughts with regards to your trading business. It covers all and forces you to write down all details. I have...
  10. U

    $3,000 to $1,000,000 in 15 months: HOW TO DO IT

    IDEA 
    My vehicle of choice is Forex. Where I would invest the "fast forex profits" in "slow cash flow passive income". The reason for forex is, because it is the best business in the world: 1. no rent of offices 2. no staff 3. no inventory or stock to buy 4. no boss, no collegues in fact no...
  11. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Hi Eagle, Thanks for the links. I will check them out ! With regards to London Breakout: not really. I do trade the EU & GU on the 5M timeframe from Frankfurt open until London close. I use two indicators, where one is showing the 15M timeframe, so I am always trading in line with the...
  12. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Hi Garyfritz, thanks, I know the results are very nice, but two days of trading dont tell me nothing, but -i have been finetuning this "system" for over two months and it looks very consistent. In Italy you can get about 3 % on a bank account and I just want to try to get to 5 % weekly. If...
  13. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Detailed statement As promised I would attach my detailed statement, so her it goes. I only removed the account number and the name. BTW I trade on the 5M timeframe. Green pips. Udine
  14. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    I have read some posts with regards to testing a system. There exists a Trading simulator EA for MT4 that you can easily install and use during the weekend to backtest your system. I have been doing this with quite some success. If anybody is interested and it is allowed I will post this free...
  15. U

    The Active Forex Traders Discussion

    HOT! INVESTING 
    Just a short hello from a Dutch guy in Northern Italy. I have just signed up with the FastLane Forum and introduced myself. I have chosen FX as my vehicle to get out of the rat race as I want to use the "fast fx profits" to build "slow cash flow passive income streams". I have created my...
  16. U

    Greetings from a Dutch guy in Northern Italy

    Just a short message to introduce myself. I am a Dutch guy transferred to Northern Italy for family reasons (Italian wife ;). The reason I am here is that I am terrified by the fact that I have to work until the age of 65 and then realize there is no pension to retire. So I need to create my...

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