Turn $200 into $1,000,000 in 1 year, trading forex.

[creep]

if somebody still wants to try forex and has been having trouble I recomend you this site: www.babypips.com
it contains a lot of good info in a clear way.

Good Luck!

[Rabideagle]

sure does seem to me that these boards are making like the stock market and slumping!    Where is everyone?

[stretcher25]

59 users online and no one has anything to say 

[Jayhawk]

I gave up Forex a while back, just not for me.  I think most people might be in a different chat room though.

[tu]

Still enjoy trading Forex... but much more conservative with better profits.

Finalflash, how did things work out for you getting your money from forexyard/

[Dr PennyStock]

As some of you already know, I will not post here or on the chat, my trades with forex, it's impossible to be concentrated on the trades and publish at the same time, I am doing a very bad job, doing horrible trades and I lost $1,400 in 2 days and some of you also lost money, this is not good for me or for you, I need a few days to trade on my own, completely concentrated on my trades, as I try to caught spikes, every second counts.

I will first put my account in $5,000 - $10,000 or even higher and after that I will post again the trades on the chat, this is just to have enough margin, even if I trade 100,000, like I did today, with a $10,000 account balance, I have more than enough margin and I am more confident to trade.

But, what I can do during this time that I will trade on my own, is in the morning, post here all the support and resistance points of the GBP/JPY, the pair that I will trade, with an annotated chart, some of you can trade using the support and resistance points that I will give, it's the best I can do right now.

I am sorry, but, I haven't other choice, I haven't any interest in destroy my credibility, my account and your accounts.   

[Dr PennyStock]

This is the URL where you can see all the movements since I opened the account, the initial deposit, the $1,000 cashback and all the trades till now.

http://img149.imageshack.us/img149/4094/forexyardaccount12ss8.gif

I will post a screenshot with all the trades of the day, beginning tomorrow.

[finalflash]

Still enjoy trading Forex... but much more conservative with better profits.

Finalflash, how did things work out for you getting your money from forexyard/

Yea, they funded my credit card both times. Apparently you can't withdraw via wire until they return all your credit card money that you deposited apparently. Still, I will make a bigger extract soon and see if it works.

[finalflash]

Doc, for your problems, I would like to offer some advice. I have noticed that during US market hours, the chart trends and indicators are fairly useless. The market acts rapidly to the whim of certain movers. I have lost a lot of money and made a lot of money (kinda evened out) during "magic hours" as my bro and I term it, since going into it is a hit and miss situation. I have gotten kinda used to volatile times outside of magic hours which yield pretty good results, though not as fast. Hopefully that helps.

[Vegas]

I am doing a very bad job, doing horrible trades and I lost $1,400 in 2 days and some of you also lost money, this is not good for me or for you, I need a few days to trade on my own, completely concentrated on my trades, as I try to caught spikes, every second counts.

When I traded like that looking for the big profit, (greed), I continually lost big money. I have since limited my trades to 10,000 and have settled for smaller, consistent profits, by following the currency news and the daily trends... If the chart is moving your direction and you made a good trade, you will still make good gains with 10,000 while greatly reducing your losses on huge spikes in the opposite direction...

I use no other T/A besides the currency trends and the stochastic. I was using the 1M and 5M charts for a while but have switched back to the 5M and 1H. Watching the 1M chart was causing me to close too fast and lose profits. The magic T/A indicators everyone is looking for do not exist as currencies are just too volatile IMO... If you are using ForexYard, always use a realistic stop and stick too it... You can always re-enter for just a few pips... I have not found a way to set stops on FxClub but haven't looked real hard either. I am a firm believer in the KISS rule. (Keep It Simple Stupid) 

[heidar11]

I am doing a very bad job, doing horrible trades and I lost $1,400 in 2 days and some of you also lost money, this is not good for me or for you, I need a few days to trade on my own, completely concentrated on my trades, as I try to caught spikes, every second counts.

When I traded like that looking for the big profit, (greed), I continually lost big money. I have since limited my trades to 10,000 and have settled for smaller, consistent profits, by following the currency news and the daily trends... If the chart is moving your direction and you made a good trade, you will still make good gains with 10,000 while greatly reducing your losses on huge spikes in the opposite direction...

I use no other T/A besides the currency trends and the stochastic. I was using the 1M and 5M charts for a while but have switched back to the 5M and 1H. Watching the 1M chart was causing me to close too fast and lose profits. The magic T/A indicators everyone is looking for do not exist as currencies are just too volatile IMO... If you are using ForexYard, always use a realistic stop and stick too it... You can always re-enter for just a few pips... I have not found a way to set stops on FxClub but haven't looked real hard either. I am a firm believer in the KISS rule. (Keep It Simple Stupid) 

Vegas, have you tried withdrawing money from forexyard? If yes, have you been able to withdraw more than your initial amount?

[Vegas]

Vegas, have you tried withdrawing money from forexyard? If yes, have you been able to withdraw more than your initial amount?

No... It withdrew itself... Actually, I took a big hit being greedy so I just left it open over night until my funds were gone. I figured it would either trend up or close itself... I do not use ForexYard anymore. Just a personal choice...

[Vegas]

Haven't made any Forex trades today since early this morning. Everything is just trading sideways due to economic uncertainty... Can't make any money when there is no real movement...

[stretcher25]

Your still using Forex Club? Any problems of late with them?

[RoagTrader]

I made $125 trading Forex today.  I'm still down $1,100 overall, but I'm going for the small gains based upon the movement in the stock market.  That's how I made money the first time, then I got greedy and lost big on one trade.