Charting Markets into the Future...MǎҖ€¥.
Why you lose money and will always lose 31 replies
Did we Lose any Brokers? Are we going to Lose a few? 1 reply
The one reason that trumps all other reasons why traders lose 262 replies
How to not lose 100% in one trade 0 replies
two version of FF tunnel Chart, one say down, one say up, which one is correct? 3 replies
DislikedI have never traded through phone and thus I had never needed a phone number.I had never thought that something like that could happen.
Its not the amount of money that I lost such a great problem.
The problem is the way that happened.I thought I had covered everything and the only unpredictable thing that could happen was a comet hitting earth!Ignored
DislikedI'd be willing to bet it was a demo account. It beggars belief that someone trading that much size wouldn't have phone numbers and/or the small amount of intelligence required to a) know at least the country and state/province where the broker is located and b) the intelligence to get the number. I hardly think their number is unlisted. And if he lost 250k and shrugged it off, he's implying he has a large account at a minimum of 6x times the lost.
Now if the poster revealed himself to actually be Paris Hilton I'd believe the story.Ignored
Dislikedeven Paris Hilton can work a cell phone in fact she's most likely a grand master of the cell phoneIgnored
DislikedDont believe the story if you'd like just get a back up plan...
In fact I have some even more unbelievable stories.Ignored
DislikedI currently live in Greece.
I am not from the U.S.
No internet access means no other way of obtaining the phone number except if you had it written somewhere.
I dont even understand why I should apologize for writing the truth about what happened.
Either believe the story or not.Dont insult me.Ignored
DislikedSo this is roughly 2K per pip. Why bother with brokers when you have such account? Trade directly...
I agree that if the point of the story to always "expect the unexpected", you reference to your loss just made this conversation going into completely different direction.
My question here is what system gives you this type of confidence to trade with loose stops?Ignored
DislikedMy question here is what system gives you this type of confidence to trade with loose stops?Ignored
DislikedSo this is roughly 2K per pip. Why bother with brokers when you have such account? Trade directly...
I agree that if the point of the story to always "expect the unexpected", you reference to your loss just made this conversation going into completely different direction.
My question here is what system gives you this type of confidence to trade with loose stops?Ignored
DislikedAlrighty, folks...that's quite enough...
Regardless of the unbelievability of the story there IS a point to be made. Have your friggin numbers handy, and have a backup plan for internet outages.
Tradeit...the guy didn't say anything about where he was trading. For all we know, he was trading via Duk or another Currenex platform or hell, maybe he was trading with the banks directly.
Again, you guys are focusing on the wrong aspect of the thread...whether he lost a quarter of a mil or a single quarter...it's important that you guys have a good backup plan.
Geez...imagine if the story was actually true...kick a guy while he's down, why don't you? :-) I just don't see a problem with him telling us to have a backup...It's a good idea...ya'll should just breathe that in for a second...Ignored
DislikedYes you are right the reference to the loss was completely wrong .
I am going to delete any reference to the ammount I lost.
One year ago(last May) under the name of J.L (Jesse Livermore) I had posted a prediction that EUR/USD would top at 1.2950+-(28) pips and then it would fall at 1.2550.At that post I had described some basic principles of my system.Unfortunately I cannot find the thread anymore so I can provide you a link.
My system is really complex and is based on Jesse's Livermore system.
Enough said...Ignored
DislikedThank you for your words of wisdom to spell out what the point of his story.
But my question about his system still stands. I saw him temp mentioning Jesse 90 page book before and I want his to answer it HIMSELF
ThanksIgnored
DislikedOk wait a moment I will provide you with the link.
My system is better than Jesse's by the way but I wouldnt reveal it.Ignored
DislikedWhy would be a book refernece on amazon or any other book site be removed? I have seen in many posts...
ThanksIgnored