Disliked{quote} He (not 'we' lol) heavily bought EURUSD just before FOMC announcement. His account was completely erased after first 45 pips of downmove. Obviously he went all-in after every green streak. If you "play" it that way it ends sooner or later. But he caught my eye after crazy +300% in 5 days, all credit for that thoughIgnored
When they fail there is no bail-outs for them, but Greed is the envy of everyone.
When I started trading, years ago.. Used to have what was called Gun-slingers..
People who would leverage all their accounts on one trade for just 1-2 Pips.
So they would do.. $500-10,000 per pip depending on account size.. Get in and get out -- It was during dealing desk times when you had price deficiencies between brokers and it was the original scalp.
Still every trade you will either make it out a winner or go home broke.
The once that lasted.. took $200 accounts into $100,000 over a month.
While the "honest" once got screwed by the brokers the dishonest screwed the brokers -- Don't know if brokers would actually payout but looked nice on paper.
There are those who know, and there are those who don't know.