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- umbrella man replied Mar 26, 2021
I should add that based on my more than 15 years of experience in fx market, there was only one time the drawdown was not covered. The key is smart money management.
- umbrella man replied Mar 26, 2021
Thanks for clarifying! I also allow drawdown and don’t use stop loss. Kinda like a dynamic stop loss. Based on my experience it works better.
- umbrella man replied Mar 26, 2021
Boulder, you can ignore my post, but it’s good to show your losses to not misguide new traders. You always happily share your wins but no loss. So young and new traders should know that having losses is a big part of being a trader. Just make sure ...
- umbrella man replied Mar 25, 2021
How much in drawdown because of Swissy positions?
- umbrella man replied Sep 8, 2020
Be humble man. It’s ok to lose from time to time.
- umbrella man replied Jul 23, 2020
Hey Boulder, just wondering what happened to all those shorts you had opened? Do you still have them or closed them in loss? Just curious to know because you posted them and want to see how’s your strategy works when market goes 500+ pips against ...
- umbrella man replied Jun 4, 2020
I posted this a few weeks ago. I believe market is considering inflation concerns. Maybe a second wave of COVID would change the direction. I suggest in this kind of market consider fundamentals in your decisions as well.
- umbrella man replied May 18, 2020
Why this thread got so quite? It seems a one day big move and most of people in deep dd?
- umbrella man replied May 12, 2020
When you see most of retail traders are long go short and vice versa.
- umbrella man replied May 2, 2020
This crisis is like fast forward version of 2008-2009 crisis. Just flash back and see whatever happened then in monthly timeframe has happened and will happen in weekly timeframe in 2020, ie. one month of 2008 is one week or shorter in 2020 crisis. ...
- umbrella man replied Apr 28, 2020
Everybody knows from yesterday that SNB is intervening the biggest seen since 2015 and I see long suggestions here. SNB in the game now they want the CHF to be weaker.
- umbrella man replied Apr 23, 2020
Be careful with swissy. SNB doesn’t want it strong!
- umbrella man replied Mar 26, 2020
My suggestion: short GBPJPY for a couple hundred pips and quit scalping. In this market situation scalpers can get trapped very easily.
- umbrella man replied Mar 26, 2020
What’s defined as success? 10% per year? 50%? 1000%? for how long? 1 year? 3yr? 10yr?
- umbrella man replied Mar 25, 2020
url I still think SNB will do a large intervention. Perhaps your broker got some insider info.
- umbrella man replied Mar 23, 2020
Asian markets buy Trump’s promises. Market is responding. If London does the same it easily goes above 1.093. UJ down to 109.xx
- umbrella man replied Mar 22, 2020
let them crash. The commercial landlords are the worst. Most of them are terrible people and suck the blood out of the tenants. They mostly have one sided rental agreements. They must not be bailed out. Let the capitalism rules especially for ...
- umbrella man replied Mar 17, 2020
Did you see the swap rates of JPY today? JPY pairs gonna unleash very bad. Stay away of it if you can or use strict money management.
- umbrella man replied Mar 17, 2020
Dude tell me about the daily candle on March 12 and the next trading day on March 13+15 PST? The daily bull candle Had even bigger ass.
- umbrella man replied Mar 17, 2020
Look at three daily candle back to get your answer.