FXOpen and my bara-bara method

[shadowabel]

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After two looong months of studying forex, how to trade , what is the currency behavior, learning terms etc etc etc

I came up with my method

the "bara-bara" method hehe

essentially ala gagawin kundi open ng position then leave it

kaya pa ng funds mo, open isa pa uli regardless kung buy or sell

in the end eto resulta
2nd withdrawal of hopefully weekly


FXOpen broker ko

known okay for micro accounts

anything greater than USD500 bahala na kau kung tatakbo sila

[solidus37]

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so kahit micro accounts kahit less than $5 pwede?

[shadowabel]

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yup

minimum account is $1 tapos me bonus $1 after first deposit

pero wag mo aasahan ung bonus kasi mahirap makuha

na void ung bonus ko for withdrawing pero okay lang di nman kailangan eh

If mag start ka, I suggest at least $10 initial account mo para magsurvive ka (at least sa method ko)

standard account: minimum of $25 plus $25 after first deposit withdrawable ung bonus after 10 lots traded. If withdraw earlier, voided ang bonus.

[solidus37]

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Alertpay account pwede

[shadowabel]

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alertpay ang gamit ko

but make sure na meron ka necessary documents required for verification

utility bill/billing address (WAG  credit card ha for security reasons)
ID

[shadowabel]

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stats today

in cents

[hardkulangot]

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panu yung bara-bara method?

[shadowabel]

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Today's stat

Withdraw ako tom night,  hopefully magbayad uli fxopen




"bara bara" method has 2 basic requirements

1. you must have a relatively "big account"  (e.g. I started with $10)
2. you must be prepared or consider you have lost your "big account"

kundi di nyo kaya either
di pede sa inyo method ko

[shadowabel]

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hopefully tuesday me post uli ako from AP

[Ping]

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ha?  So when do you buy/sell?



 

[shadowabel]

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I have 2 trading times lang eh

1. before going to work
2. when I get home

I used to analyze, use average, use candle method etc... all did not give the results I want

so I changed my point of view, the objective is not to gain pips and earn

the objective is simply to trade continuously and not lose everything.


mahirap iexplain para sa mga and mind set ay mag gain ng pips

[Ping]

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What is your TP?  Granting you kept your SL open?


 

[shadowabel]

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10
sometimes 15
sometimes 20
sometimes 50

how much or when is simply kapag trip <thus bara bara method>

no special analysis etc.

just one simple computation

that is
"how much can you afford to lose"

[shadowabel]

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Stats today



withdrawing uli tom

hopefully tues another post from AP

[daytrader]

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@shadowabel

Ask ko lang sana kung pwede akong maging co-founder ng bara bara method?   Biro lang ha..

I remember kasi when I was still starting in forex eh similar dito yung strategy na ginagamit ko. Whenever I'm at work pag GY shift ako and hindi nakatingin boss ko eh I would open my forex demo account and make a trade without ever looking at the charts, then I would close the trade after I get home (kahit S/L pa siya or T/P).

Gusto ko lang magdagdag ng tip para sa mga gustong subukan ang BBM.  Try opening a trade at 05:01 AM Philippine time para at least eh you will have an additional 23 hours and 59 minutes bago kayo macharge for rollover rates if ever man na nahihirapang ma-hit yung T/P level nyo.

That's all. 

Happy Trading