Funding Frenzy Promotion

When I funded about $2,000 to my FXPRIMUS account, FXPRIMUS had been offering "Funding Frenzy Promotion" which gives a customer a 100% credit. So I got my own $2,000 plus another $2,000 credit in my account.

In order to receive that $2,000 credit as a "withdrawable money," I had to trade a certain number of lots in 3 months period. In my case, it was $2,0000 / 6 = 333 lots.

Thanks to NumberOne, I made $5,000 from the initial $2,000 deposit. And, yesterday, I've just achieved to trade more than 333 lots in 3 months and FXPRIMUS gave me the $2,000 credit as a withdrawable credit. My deadline was August 10, so the time limit was only 1 week. I had never been able to trade such big lots in this short period of time without NO.

So, today, my fund has become $7,000. Woooow, I made 350% in 3 months!!! Thanks SOFX! Thanks FXPRIMUS!

Positive Affirmation

I think it's important to think and live in a positive manner. I'm not a psychologist or any mental specialist, but I think so.

Doing a simple Google search, I found an interesting article about "self-affirmation." I'll list the article below. But please be aware. I copied the following article from a commercial source, and the last part of the article says "Click to Order and Download!" No, don't!!!

You don't have to buy anything. The following article tells you pretty much everything. Don't buy the book, just enjoy reading the article, and ignore the last part.

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The Power of Affirmations

Affirmations are positive statements that describe a desired situation, and which are repeated many times, in order to impress the subconscious mind and trigger it into positive action. In order to ensure the effectiveness of the affirmations, they have to be repeated with attention, conviction, interest and desire.

Imagine that you are swimming with your friends in a swimming pool. They swim fifteen rounds, something you have never done before, and as you want to win their respect, you want to show them that you can make it too. You start swimming, and at the same time keep repeating in your mind, "I can do it, I can do it...". You keep thinking and believing that you are going to complete the fifteen rounds. What are you actually doing? You are repeating positive affirmations.

Most people repeat in their minds negative words and statements concerning the situations and events in their lives, and consequently, create undesirable situations. Words and statements work at both ways, to build or destroy. It is the way we use them that determines whether they are going to bring good or harmful results.

Often, people repeat negative statements in their minds, without even being aware of what they are doing. Do you keep thinking and telling yourself that you cannot do something, you are too lazy, lack inner strength, or that you are going to fail? Your subconscious mind accepts as true what you keep saying, and eventually attracts corresponding events and situations into your life, irrespective whether they are good or bad for you, so why not choose only positive statements?

Affirmations program the mind in the same way that commands and scripts program a computer. The repeated words help you to focus your mind on your aim, and automatically build corresponding mental images in the conscious mind, which affect the subconscious mind, in a similar manner to creative visualization. The conscious mind, the mind you think with, starts this process, and then the subconscious mind takes charge. By using this process consciously and intently, you can affect your subconscious mind, and thereby, transform your habits, behavior, mental attitude, and reactions, and even reshape your external life.

Sometimes, results appear quickly, but often more time is required. Depending on your goal, sometimes, you might attain immediate results, and at other times, it might take days, weeks, months or more. Getting results depends on several factors, such as the time, focus, faith and feelings you invest in repeating your affirmations, on the strength of your desire, and on how big or small is your goal.

It is important to understand that repeating positive affirmations for a few minutes, and then thinking negatively the rest of the day, neutralizes the effects of the positive words. You have to refuse to think negative thoughts, if you wish to attain positive results.

How to Repeat Affirmations

It is advisable to repeat affirmations that are not too long, as they are easier to remember. Repeat them every time your mind is not engaged in something important, such as while traveling in a bus or a train, waiting in line, walking, etc., but do not affirm while driving or crossing a street. You may also repeat them in special sessions of 5-10 minutes each, several times a day.

Relax any physical, emotional or mental tension while affirming. The stronger the concentration, the more faith you have in what you are doing, the more feelings you put into the act, the stronger and faster will be the results.

Choose only positive words, describing what you really want. If you desire to lose weight, do not tell yourself "I am not fat" or "I am losing weight." These are negative statements, bringing into the mind mental images of what you do not want. Say instead, "I am getting slim" or "I have reached my right weight". Such words evoke positive images in the mind.

Always affirm in the present tense, not the future tense. Saying, "I will be rich", means that you intend to be rich one day, in the indefinite future, but not now. It is more effective to say, and also feel, "I am rich now", and the subconscious mind will work at overtime to make this happen now, in the present.

The power of affirmations can help you to transform your life. By stating what you want to be true in your life, you mentally and emotionally see and feel it as true, irrespective of your current circumstances, and thereby attract it into your life.

Positive Affirmations

- I am healthy and happy.

- Wealth is pouring into my life.

- I am sailing on the river of wealth.

- I am getting wealthier each day.

- My body is healthy and functioning in a very good way.

- I have a lot of energy.

- I study and comprehend fast.

- My mind is calm.

- I am calm and relaxed in every situation.

- My thoughts are under my control.

- I radiate love and happiness.

- I am surrounded by love.

- I have the perfect job for me.

- I am living in the house of my dreams.

- I have good and loving relations with my wife/husband.

- I have a wonderful and satisfying job.

- I have the means to travel abroad, whenever I want to.

- I am successful in whatever I do.

- Everything is getting better every day.

Download and read Affirmations Words with Power. A book with full instructions and guidance.

Click to Order and Download!

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Got it? Hope you enjoyed it.

P.S. If you buy these kinds of books, they normally tell you about cosmic power or universal power or something like that. You know, with those notions, you are probably gone too far. You probably don't have to understand such mysterious things. Also, don't have to help the author to make money with it.

Happy Losers

I've recently visited a discussion forum on SOFX author's Myfxbook, and found some naysayers' posts against the author.

They are so eagerly attacking the author and keep saying NO is not good. But everything they say is funny to me.

Got some drawdown recently? Oh, yes, so what? Do you know any EA that never go down?

Broker sensitive? I know. So what? Couple of brokers they introduced has earned me much much more than the EA and server cost, and still going much further than that. Broker risk is one of the risks I manage out of many other risks, such as proper mindset, lot sizing, right parameter settings, etc. And I haven't found a broker with zero risk. In this forex jungle, if you know 3 useful brokers, that's pretty good.

What those guys are dreaming about?

If I were them, I don't waste my time talking about something I dislike. But the funny thing is; they love wasting their time chatting about something they dislike. Weird guys! I would rather spend my time doing something more fun and enjoyable, or at least meaningful. They are so poor. Almost miserable.

They are acting like winners whereas actual winners are those who traded NO and earned pretty good money.

What's their interest, really?

They enthusiastically want to win in an argument. I am happy and satisfied with the money NO brought me. Getting a prize in an oratorical contest is not my interest.

I don't call them traders. They are losers! In my eyes, they look like "happy losers" or "funny men!" Yes, they absolutely look happy talking about what they believe, not the money they earned.

I believe what's already proven because it's a fact. They believe what they blindly believe and never try to look what has been achieved in the real world.

Miss what they missed and cry for it someday, poor men.....

Desperate Traders

I was reading forum posts on SteadyOnFx forum. There were bunch of traders worrying about brokers, execution, NO system, etc. Seems like people are so nervous and in panic after relatively bigger losing day.

After such losses, people desperately started to try to identify the cause of the failure. Some people say the problem is on the broker. Others say SOFX team has to modify NO.

I say "It was one of these days. It happened naturally, and it will happen again." Nobody can avoid these days. No EA is perfect. No EA can cope with every situation.


I would like to talk about common errors that traders can make.

Trader A: Trader A got a bad loss and he decided to modify his EA. He really wanted to make the EA immune to the previous loss case. After a couple of attempts, he successfully found the way to cope with such a market situation. However, overall profitability of the EA was reduced so badly because he concentrated too much on a single case, and didn't pay much attention to being a winner in a long run.

Trader B: Trader B reduced his trading lots, drastically, after a bad loss. When he traded with smaller lots, there was a very good winning trade, but, of course, his profit was small. He got frustrated and increased his lots again. Right after that, there came a bad trade. He lost his confidence again and reduced his risk again. He finally got nowhere.

Trader C: Trader C changed his broker after one bad loss. But other traders kept winning on the broker he left, and he started to lose on his new broker.

Trader D: Trader D accepted a bad loss. He changed nothing and kept trading because he knew losing is a part of the game. He got more losses and people started to think he is really stupid. But in a long run, he was the only winner among others.


What's the difference? It's consistency (or the lack of consistency).

Why such errors happen? It comes from fear and greed.


With that said, I will probably change my broker when it obviously made its trading environment worse. But unless I surely confirm such a change, I take a loss as just a loss, nothing more. Those who are not mentally prepared to face losing days can't win in a long run. I've seen so many of these people who surrender an EA so easily after a couple of losses.

Human being are so vulnerable. Such human errors are natural thing, too. But I want myself to be unnatural.

Did I write in one of my previous posts as follows?

"When such a big drawdown happens, traders are also tested."

#1

Recently, my account running Wallstreet Forex Robot got big losses. No worries. Honestly, I was mentally prepared because I knew such losses can happen according to my backtests. If you are patient enough, it's gonna get recovered somewhere in the course.

However, what surprised me the most was the performance of NumberOne. After one month, it doubled my account. Sounds really crazy, but true. Now, I'm wondering if I should keep running other EA than NO?

SteadyOnFx and its colleague trader called TheProTrader have introduced two institutional brokers exclusively available to NO customers, which is a big plus, too. For this type of tick scalper, the path to the future normally gets narrowed, but it seems the guys at SOFX has still been exploring another path to go.

Is the future really promising? I hope so!

Wally Custom Settings

Some people asked me to share my settings on Wallstreet Forex Robot. Frankly, I can't share my personal settings with others. Some may think that I'm mean, but whatever you say, I don't care. It's a giving, not sharing, because I'm not given anything in return.

Instead, I can give you very useful tips that can potentially turn into gold for you.

Ask yourself if you truly want to earn serious amount of money in a long run and you are mentally prepared for it. If the answer is yes, ask yourself again if you are truly willing to put your effort toward your goal. If the second answer is yes, too, then proceed with the next steps.

1. Obtain years of history data. It'll cost you, but compared to what you aim to get in future, it's not so expensive.

2. Do backtests using several potential pairs with various settings. It's daunting and will take so much time and effort, but again for the money you get in years, your effort may be a necessary up-front investment.

3. Run the settings you got in a real live environment and wait for the account to survive worst drawdown and grow like you saw during backtest.

4. Go live. Be confident. Wait for a couple of years. (I'm at this stage)

That's it. If you strictly follow those steps above, you won't regret for what you've done.

NumberOne After Half a Month

I'm convinced that NumberOne, or NO for short, is one of rare winning EAs out there. Like many other spike retracement traders, NO faces random slippages and errors, however, in a long run (still half a month though), it conquered those obstacles and brought its users constant profits.

The only thing is; you must be selective about brokers. It seems it works fine with FXPRIMUS and Pepperstone Razor, however, in one of my bold attempts, I've tried to run it on FXPIG, a broker people says good for the similar tick scalper. The results were still indecisive, but after half a month the equity is just a sequence of ups and downs due to so many and too much slippages.

A good news is SteadyOnFx and one of its users called TheProTrader have worked together to introduce exclusive institutional feed to NO users, and the broker is fully regulated. Earning more than decent amount of money with an EA is a dream life for every EA traders I believe. With institutional brokers, it could be highly possible as with those brokers, the ceiling is extremely high and liquidity never dies. And it may come to true with NO. We'll see how those steps turns out to be.