DislikedI got this new strategy its gotta work here goes. Whatever i pick you take the opposite because i aint doing nothing but losing.
lolIgnored
be positive buddy !
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DislikedI got this new strategy its gotta work here goes. Whatever i pick you take the opposite because i aint doing nothing but losing.
lolIgnored
DislikedOfcourse sooner or later it won't and he'll be margin called and wiped out.Ignored
DislikedThat's what I'm worried about for him/her. Rather take a series of small losses and learn from it, than get wiped out completely because he /she had no stop loss, and the PA might not get back to his profit level for the rest of the year!!
As you say, it's just a matter of time.....it WILL happenIgnored
DislikedIt just seems that a S/L is not the issue, money management is. Setting a S/L just flags your property for theft. Using self-discipline to exit the trade wisely using a mental S/L affords the same protection without flagging your possessions for the thieves to come after. Yes, self-discipline to properly manage trade exits is difficult....it does not come naturally to most. But that is the main issue, and hiding from it by using mechanical S/Ls only postpones the development of this skill, which is essential to survival in the FX market.Ignored
Dislikedi was down $3k now im down $800 i want to get out but i feel like is going to 1.4110Ignored
DislikedOh boy. Gatorinla put another log on the fire, suprkik whipped up the popcorn......a lot of presssure here to perform! Hey, it ain't MY breakout. It is just what I am seeing. Don't forget, I said "brewing", so those looking for instant gratification may become disappointed. The setup is there, but now needs ACTION. The asian traders may have already completed their part, which could mean we must wait for the Frankensteins to enter stage right.......(or not, you can never know.)
Edit: Remember this, good setups are like sports cars, its not how...Ignored
Dislikedi was down $3k now im down $800 i want to get out but i feel like is going to 1.4110Ignored
DislikedIf you wanna stay longer in this biz read something about MM.
You are the perfect candidate for margin calls.Ignored
Dislikedthank cobra i know i got one during the spike ill be more care full next time.Ignored