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OATES2AMILLION - My Journey Building a $1,000,000 Forex Portfolio - Live Account

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  • OATES2AMILLION - My Journey Building a $1,000,000 Forex Portfolio - Live Account

    So I've made over $1455 in September 2016 so far.

    Since start I've made over $10,000 in profit on my account!

    This is a live account with my real money. Not a demo!!!

    Trading plan. 10 Rules to follow.

    1. Only trade .01 lot size per $1000. i.e. $2000 would allow you to trade .02 lot size.
    2. First entry trade is always .01 lot size that increases .01 lot size each time seen going 5 pips in the wrong direction. Follow this with rule #1 based on account size.
    3. All trades have a TP limit of 50 pips. No stop loss.
    4. Trade pairs that have changed over 100 pips in the same day. This can be seen best on the 4H chart.
    5. Close any trade that you see make over 20 pips. No matter what. Find a new pair to trade.
    6. Double each trade after 50 pips change in the wrong direction.
    7. Always keep the Usable Margin over 75%. Stop opening trades if it drops below 75%. Wait for the turnaround…. Use Zone Recovery if 50% Usable Margin is reached.
    8. Withdraw 50% of earnings per month. Keep the rest to trade.
    9. Trade in positive pair rollover direction. Always.
    10. Use Fibonacci Retracement to find trades to open.

    Link to myfxbook below.

    http://www.myfxbook.com/members/moate...
    So I've made over $1455 in September 2016 so far. You can copy my trades if you like for a small fee. Just click the SignalStart link below... http://www.s...
    Last edited by moates; 09-17-2016, 05:14 AM.

  • #2
    Hi moates ! Are you going to provide signals or maybe you should think about streaming inside Trading Room?
    The only people who get hurt on a roller coaster are the ones who jump off.

    Comment


    • #3
      @reQuorter, I hadn't planned on providing signals. Just got many request to start a forum on what I've been doing for the past 4 months online.

      Comment


      • #4
        Planning a major short trade on the EURGBP once the market opens back up. It's going to be epic!

        Comment


        • #5
          Originally posted by moates View Post
          Planning a major short trade on the EURGBP once the market opens back up. It's going to be epic!
          Why will it be epic?!?

          Comment


          • #6
            So now I've made over $2225 in September 2016 so far.

            Comment


            • #7
              Originally posted by moates View Post
              So I've made over $1455 in September 2016 so far.

              Since start I've made over $10,000 in profit on my account!

              This is a live account with my real money. Not a demo!!!

              Trading plan. 10 Rules to follow.

              1. Only trade .01 lot size per $1000. i.e. $2000 would allow you to trade .02 lot size.
              2. First entry trade is always .01 lot size that increases .01 lot size each time seen going 5 pips in the wrong direction. Follow this with rule #1 based on account size.
              3. All trades have a TP limit of 50 pips. No stop loss.
              4. Trade pairs that have changed over 100 pips in the same day. This can be seen best on the 4H chart.
              5. Close any trade that you see make over 20 pips. No matter what. Find a new pair to trade.
              6. Double each trade after 50 pips change in the wrong direction.
              7. Always keep the Usable Margin over 75%. Stop opening trades if it drops below 75%. Wait for the turnaround…. Use Zone Recovery if 50% Usable Margin is reached.
              8. Withdraw 50% of earnings per month. Keep the rest to trade.
              9. Trade in positive pair rollover direction. Always.
              10. Use Fibonacci Retracement to find trades to open.

              Link to myfxbook below.

              http://www.myfxbook.com/members/moate...
              Hi moates,

              I'm subscribed,suggesting this to u the other day, I'm glad u got to the forum.

              Very nice but what happened with uj?

              Did u trade the news? Or something went wrong?
              The forex market is already so complex, don't make it worse.

              Comment


              • #8
                Originally posted by moates View Post
                moates posted:
                Yeah, took a little hit. Went to $2200 neg. Only now 1600 neg. I'll likely end the month in profit.
                Keep it up moates, vouched you @ myfxbook. Abit of motivation.
                The forex market is already so complex, don't make it worse.

                Comment


                • #9
                  Originally posted by FX Magician View Post

                  Why will it be epic?!?
                  I join query

                  Comment


                  • #10
                    Took two hits last month. USDJPY and AUDNZD. Both baskets were traded poorly. Cost me half of my profit. Over all I'm still in profit since I started trading live on YouTube. There aren't many that are it seems.

                    Comment


                    • #11
                      Yes moates, keep it up my man. Take care. Please do not private ur trades in myfxbook. Thanks. Adjust the settings.
                      The forex market is already so complex, don't make it worse.

                      Comment


                      • #12
                        Just made them public so all can see

                        Comment


                        • #13
                          Originally posted by moates View Post
                          Just made them public so all can see
                          Thanks man. Much appreciated. Wishing u the best as always.
                          The forex market is already so complex, don't make it worse.

                          Comment


                          • #14
                            Not far from getting back to the $40k mark

                            Comment


                            • #15
                              Originally posted by moates View Post
                              Not far from getting back to the $40k mark
                              Keep at it my man
                              The forex market is already so complex, don't make it worse.

                              Comment

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