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  1. #1

    400% profit in less then 24 hours

    Good evening all,

    I just wanted to share with everyone my experience of currency trading. To day I was able earn 400% profit. For all of you who have lost money on the thunder,.... This is a great way to make it back quickly ..... If SBR Lou would be ok with it, maybe I can teach those who are interested. The picture below are my transactions for today.

    3_2_114.jpg

  2. #2

  3. #3

  4. #4

  5. #5

    Quote Originally Posted by acl123 View Post
    Im interested.
    Great. I will begin the first lesson once I am doing trading tomorrow. I honestly believe many members here would be interested. Hey we love to wager.

  6. #6

    Dear Username9999 fuk off!!!! That is all.

  7. #7

    Quote Originally Posted by YorkHunt View Post
    Ponzi scheme
    lol... No that's Betonline. This is 100% educational. Nothing in it for me. Just giving everyone else an option as far as wagering.

  8. #8

  9. #9

    Quote Originally Posted by frizzelli View Post
    Dear Username9999 fuk off!!!! That is all.
    I will take it you wagered on the thunder huh?

  10. #10

    Quote Originally Posted by YorkHunt View Post
    I'll take free lessons
    Glad to hear. As we move on, maybe I can show everyone live how it is done. Using teamviewer. Only thing is I trade from 12am until 3pm CST (1.5 hours pre-london open until US market close)

  11. #11

  12. #12

    I'm absolutely interested pal

  13. #13

    Good morning everyone. I am going to start the first lesson in a few hours. Market has been very flat during london session.

  14. #14
    milwaukee mike's Avatar SBR PRO
    Join Date: 08-22-07
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    don't take this the wrong way but isn't currency trading a zero sum game?
    and wouldn't teaching others to do what you're doing potentially eat into your profits unless you're going the other way?
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  15. #15

    Quote Originally Posted by milwaukee mike View Post
    don't take this the wrong way but isn't currency trading a zero sum game?
    and wouldn't teaching others to do what you're doing potentially eat into your profits unless you're going the other way?
    The liquidity in forex is way too high to be affected by us small-timers. Unless you had a bigger bank or trader putting up millions and leveraged, you wouldn't be affected.

    That being said, I've traded for 2 years and its tough staying profitable. I'm not the best trader, but don't take a day's trading to be your expected avg return. Otherwise we'd all be millionaires by next friday.
    +358 points SBR Poker

  16. #16

    I'd rather pick 6 winners in a row.

  17. #17

    username999=jjgold

    this is another one of jjgolds ghost

    fuk off

  18. #18

    Currency trading is a very volatile game! Even if you have a few hours of good instruction you can be eaten alive. A few hours of training isn't going to give you enough knowledge and experience to do this for profit. Either take a serious course or leave this to the professionals. If you don't you're just setting yourself up for failure.

    SBR
    Bash 2012
    Attendee 8/17/2012


  19. #19

    Quote Originally Posted by milwaukee mike View Post
    don't take this the wrong way but isn't currency trading a zero sum game?
    and wouldn't teaching others to do what you're doing potentially eat into your profits unless you're going the other way?
    I am not sure what you mean by it being a 0 sum game. The reality is any sort of exchange allows you to earn profit or loss. Since most of us here wager on sports. We already have an all or none attitude towards a specific outcome. As if to say. We wager 500 usd on an event If we lose then we are left with 0. Yet if we win then the spread determines our profit. Now in currency you have much greater UPSIDE compared to sportswagering, only because you can control when you want to take profit.

    As for me teaching others. I don't see how it would go into me earning profit. Actually teaching everyone here what I have learned will increae everyones chances of making money. I think you are thinking more of PUMP AND DUMPS which is seen in the stock market.

  20. #20

    Very well said on all points. To me the hardest part of trading is knowing WHEN TO TAKE PROFIT/WHEN TO CUT LOSSES. Which everyone will see once the lessons start going.

  21. #21

    Much like having unprotected sex. Eventually you will get burned. Yet the story here isn't to expect to win 100% of the times. Yet to control your wagering based on specific market conditions. I am not here to bost about how much I have profitted or lost. All I ask is for those who aren't interested to pick another thread to post on. Allow teaching to occur, instead of YOU SHOULDNT DO THIS, OR YOU SHOULDNT DO THAT. I scalp for a living. This is my DAY AND NIGHT JOB. Which would make this my profession. Right now I am in the process of putting together key terms together for the first lesson.

  22. #22

    Quote Originally Posted by QuantumLeap View Post
    Currency trading is a very volatile game! Even if you have a few hours of good instruction you can be eaten alive. A few hours of training isn't going to give you enough knowledge and experience to do this for profit. Either take a serious course or leave this to the professionals. If you don't you're just setting yourself up for failure.
    It being Volatile isn't the issue. Only, because you can not lose more then whats in your account. Just like in sports wagering. Before you right off my teaching abilities just sit back and grab a paper and pen. You might learn something you never thought possible.

  23. #23

    Had some fun with this during the boom, but would rather trade options. gl

  24. #24

    Actually my name here was FIREDFROMBOL...... SBR LOU changed my name.

  25. #25

    Quote Originally Posted by paranoyd androyd View Post
    Had some fun with this during the boom, but would rather trade options. gl
    Binary or stock options? I actually just started trading binary options. Its pretty profitable also.

  26. #26

    Quote Originally Posted by NYSportsGuy210 View Post
    I'd rather pick 6 winners in a row.
    6 winners in a row in forex would profit you over 2000% profit.

  27. #27

  28. #28
    Smoke's Avatar SBR PRO
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    cool story
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  29. #29

    Introduction
    My name is Alex, and I will be teaching everyone here how to "scalp" the forex exchange market. Think of scalping as opening and closing of positions (wagers) based on surges of the market. The currency pair which we will trade is that of EUR/USD. Why EUR/USD? Only because it has the most liquidity of all other currency pairs,along with the the smallest spread of any currency pair.

    ASK = Price of the currency pair at the moment in which you believe it will increase in value
    BID = Price of the currency pair at the moment in which you believe it will drop in value

    * Note: Say you believe eur/usd will increase in value. The only way to enter the currency pair is at the ASK price. When you go to take profit or close at a loss you are doing so at the BID price. Vica versa if you believed the price would decrease in value, and you wanted to take profit or cut your losses.

    SPREAD =Spread is the difference between the Bid and ASK price
    bid_Ask.PNG

    *Note = The spread is how the firm makes money. They get the shares for you at a price of .3 yet they charge you .9 to 3 full points just to broker the transaction for you. Yet the spread is made back by the customer within moments of entering into the trade most of the times.


    Ok any questions so far?

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  31. #31

    Quote Originally Posted by acl123 View Post
    What broker do you use?
    I use exness.com paxforex and 24options.

    Why three different brokers? Only because each broker offers specific things which will increase my chances of closing my position in profit. As we move on with the lessons you will see exactly why.

  32. #32
    konck
    And here they are Your MEMPHIS GRIZZLIES
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    Quote Originally Posted by Username9999 View Post
    Glad to hear. As we move on, maybe I can show everyone live how it is done. Using teamviewer. Only thing is I trade from 12am until 3pm CST (1.5 hours pre-london open until US market close)
    Geez im out sorry I take a duke at those hours
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  33. #33

    Quote Originally Posted by konck View Post
    Geez im out sorry I take a duke at those hours
    lol.... You do know the forex exchange is open 24 hours 5 days a week right. : )

  34. #34

    Quote Originally Posted by Username9999 View Post
    It being Volatile isn't the issue. Only, because you can not lose more then whats in your account. Just like in sports wagering. Before you right off my teaching abilities just sit back and grab a paper and pen. You might learn something you never thought possible.
    First of all, if you lose what's in your account what's to stop people from re-depositing more in their stock account just like they do in their sportsbook acccount?

    Secondly, it's "write" off, not "right" off. If you want to be taken seriously as an intelligent person please try to spell correctly. I realize this is an informal posting forum and not a term paper but people key off things like that.

    SBR
    Bash 2012
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  35. #35

    Quote Originally Posted by QuantumLeap View Post
    First of all, if you lose what's in your account what's to stop people from re-depositing more in their stock account just like they do in their sportsbook acccount?

    Secondly, it's "write" off, not "right" off. If you want to be taken seriously as an intelligent person please try to spell correctly. I realize this is an informal posting forum and not a term paper but people key off things like that.
    Well it appears that you are more interested in syntax then the message which is trying to be conveyed. I have also yet to see how your comment is allowing those who are interested in learning to actually do so? I guess I will have to ignore the peanut gallery to continue with the lessons. For the record. I will be TAKEN seriously based on what people learn. Not by misspellings caused by typing and driving.

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