Quoting electricsavantDislikedmaybe I should stop using the term...Ignored
Carry trade vs carry trader 3 replies
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Cash & Carry (Grid) Results 8 replies
I finally got FLAT in Cash & Carry (Standard) YEAH!!! 0 replies
Cash & Carry (Grid) took over 180 pips out of the market yesterday and under 1% DD 1 reply
Quoting electricsavantDislikedyou might PM JJ...read his posts here earlier, he has open office and is working on the problem, I believe...Ignored
Quoting electricsavantDislikedYeah...glad I dialed down the exposure a couple of days ago after that last TP...and now cut it in half for the next TP! (the crosses and the commodity pair have a hard time adjusting to these huge moves in the EUR/USD, even though the system is neutral...things will catch up and the balance will be found shortly...)
When I got those back-to-back TP's, without an ebb... I knew we were in for a rough ride..Remember, I trade with real money, but I am not worried...the next TP will be soon and then the new spreadsheet..I will probably move some more funds into Cash & Carry, now that I have dialed it down..
Look forward to the future postings of the new spreadsheet...(remember TradeVestor's, this is a daily system, and you need me to discuss and share with about the small adjustments, ideas and adaptations. Lets have some fun and learn to trade step by step...I am very conservative so don't worry...
Michael B.Ignored
Quoting electricsavantDislikedYou folks must agree this is not a normal Wednesday and Thursday...It's like the market read this forum....and said were going to put a stop to this!
Retail sales were not that bad and so far off from the expectations..ok they came in better than expected...but man those guys are building in the next disappointment into the market...DRASTICALLY....
This hedged basket reacts rather unexpectantly, but considering the HUGE moves it is holding its own..it's not a perfect hedge, but it's near.
It will take time for the other sessions to get opened around the world and bring this back...
I had no business introducing this publically at 50:1 leverage....
Michael B.Ignored
Quoting electricsavantDisliked
I had no business introducing this publically at 50:1 leverage....
Michael B.Ignored
Quoting electricsavantDislikedIf I had 50k in there, I don't want to have to sell my house to save the account...and at 50:1 there might have been a margin call!!!Ignored
Quoting electricsavantDislikedWell,
This could happen with any of the currencies....
Countries can go BK and the sky can fall too...
Argentina fell and my friend lost 1 million dollars...yes 1 million in Foreign currencies....
I do not base decisions on these scenario's. Also these extremes do not make trading not in the "not gambling section" of the restuarant..
Michael B.Ignored
Quoting electricsavantDislikedThese rates have stayed stable for 1.5 years. I have spoken to other traders about your question wityh more historical reference than I, and they agree, that this negligable.
My answer would be to deal with this, when it happens...
You asked and answered the question. May I ask what your point is?..and if you have a deeper concern, please come out with it?
A price of an instrument changes faster and is more volatile than the interest rates of a country...
Michael B.Ignored
Quoting electricsavantDislikedI haven't calculated it...too many pair and I am waiting for TP to get the new exposures in...
probabley less than 20:1....4260 units is the NZD/USD units....compared to the 12,784 units it is currentlyIgnored
Quoting electricsavantDisliked1/3rd of 50:1 at the next TP...too hard to calculate, my FX math is not that good...Some pair max out at 25:1 at Oanda...I always have the platform set at 50:1 even though I do not come close to using it..
I have revised the rules tab...see today's spreadsheet.
Michael B.Ignored
Quoting ElectricSavantDislikedTry telling your fellow traders, I have never had a losing day. I realize profit everyday and I do not even need to look at my charts or trade. And the best part is ...I trade without Stops Watch their faces....
Michael B.
P.S. (actually there is a mental stop/uncle point of -30% DD)Ignored