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I started my trading career as a Forex enthusiast. I am a computer programmer so I learned MQL4 and created a lot of robots -they call them Expert Advisors, but I love calling them robots- and never got to the point of actually making any money on them.
I expended hundreds and hundreds of hours trying to learn how to trade. But there is something wrong with the Forex market. It is not a real market. Brokers can give you any price they want and you sign for it.
After 15 years all I made was a 17.4% return on my account. At least I didn't lose my money, but that is really not a good result.
Years ago, when I was a computer technician a man called me to repair his computer. I used to go to homes and businesses to fix computers, so I went to his home. He was living in a 1 bedroom studio in a very poor neighborhood. I noticed that his 2 beds were full of printed charts.
It got my attention and I asked about the charts. The guy panicked. He looked at me as if I were going to stealth his soul. Finally, I was able to calm him down and I focused on fixing his computer. I like talking while I am fixing a computer because it is time-consuming and repetitive. So I talked a lot about his computer and how to make it work better.
Finally, the guy got a little bit comfortable and all of a sudden he asked me: "Do you see that number on my screen?", I said "Yes", he then replied, "Well, that is my balance in live trading account". I will normally do not care about such a comment, only that the number was a little bit over $4.8 million. Then he said: "I started 8 months ago with $50k from 5 of my friends, I have been trading day and night and that is my current balance, last night I lost $100k+"
Of course, I begged him to teach me how to do it but the only secret I could get was that Forex was not good and that I have to trade Futures. That was all.
So here I am. Trying to learn to trade Futures. I know about technical analysis, price action, and MQL4, still, I feel like a beginner.
I am happy to be here with you guys, hope I could be of help for some and that I get some help when needed.
Glad to join this community. Will soon be starting my attempt at getting a funded account. Thought I'd share and kinda journal my progress from time to time. It should help by keeping me accountable, I guess. Hehehe.
Welcome to the world of newbies treated like dirt by AMP. AMP has their own thread on nexusfi.com. One of my posts about a $1K check they lost is here:
First they overcharged commission than what they agreed and it took more than 2 weeks to refund that $2.
It took too many phone calls and emails to get my $2 back.
Talking about phone …
I ended up having to stop payment on the $1K check I sent to AMP.
FYI, my complaining about AMP got me banned by AMP. AMP's way of dealing got them banned from this forum.
I had a totally different (much better) experience with Stage 5.
AMP is not representative of everyone in the brokerage business. Find somebody who will treat you with decency and respect.
I guess we need someone who has an experience with them to tell us. Also, I need to know if they have algo feature and if yes what is their coding language?
Thanx
I was wondering if any fio members tried LeeLoo funding program.
TickSanity mentioned about them in this forum and I haven't heard anything else.
I am just curious if anyone made it through the program and got funded.
This thread is meant just for introductions by new members. Please take your questions to the thread that has been established for them.
Thanks.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Hello, i m happy to join this community.
I started trading btc since 3 years, it taught me a lot of things.. then I tried Forex & CFDS only to realize that futures is the right market for day trading due to ridiculously low fees and centralized exchange volume data better late than never
i do this full time , i m extremly passionate hard worker, hopefully sooner than i can expect i ll be able to contribute and help people grow here.
looking to start actively trading the ES1! contracts.
Hi all,
New 'legitimate' trader now. Got burned big time by off-shore binary bucket scams a couple years back. Recently found Nadex is sort-of kind-of like futures option binary trading but in a regulated exchange with defined limited risk, so am looking to figure it out. Will take time, the site is kind of complex. Although I am just demo trading for now I get bogged down trying to analyze what to do so I don't make mistakes, after all I am trying to repair the damage I did in my previous disasters. I also realize when it gets to involve real $ it will become a worse mind game. So, off to the races, glad to be here. I'd welcome comments from all fellow travelers.