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- PizzaGuy replied Jan 22, 2016
A lot of good points here and I can tell you are a numbers guy much like me . I opened my position this time with 350k (35 mini lots or 3.5 standard lots) and then added another 50k as the trade went my way. I would consider this a good size trade ...
- PizzaGuy replied Jan 20, 2016
My target is par and I don't mind holding for five to 10 years if it takes that long as long as the rollover is positive. So many traders close their positions after it has gone their way for only 10 to 30 pips. Yet if the trade goes against them ...
- PizzaGuy replied Jan 20, 2016
You could be right and I hope you are. If oil stays at these levels, I don't expect to to read a Fed minutes report without it mentioning the effects of oil on the CPI. I don't think we will hear any QE talk, at least not this year, but I think the ...
- PizzaGuy replied Jan 5, 2016
image Each mini-lot (10K) is $0.46 per day, so each lot (100K) is $4.60 per day. What is the maintenance margin amount that your broker has you set aside for each lot?
- PizzaGuy replied Jan 5, 2016
On FXCM, being short 4 lots is only $18.40 USD per day.
- PizzaGuy replied Nov 20, 2015
It happened. Are you still holding?
- PizzaGuy replied Nov 11, 2015
Yeah, my money just sat there making 5.5% interest in two months off the rollover. I'm not smart enough to go in and out of trades. Instead I enter positions with a tight stop loss then when things go my way I hold on (and even add to) to the trades ...
- PizzaGuy replied Nov 11, 2015
I'm still here and been holding a long position for two months since .6930. The numbers from the release look awesome, but I would still like to see this break 7400 before I start pyramiding further.
- PizzaGuy replied Oct 23, 2015
Point taken. With so many movers I find correlations where I can. Congrats on holding your position this long though! No one appreciates the long trade more than I do.
- PizzaGuy replied Oct 23, 2015
There will be no finger-pointing here if things go bad. I'm planning on holding this trade for years if the market will allow me to. There is really only five reasons why I would exit/close my current position: 1. (The most likely) I get stopped ...
- PizzaGuy replied Oct 23, 2015
Take SkyrEk's example and flip it. If EVERYONE knows the Aussie is going DOWN and it seems so obvious right? Isn't that usually where the bottom begins? When the Aussie was trading below .70 there was not a bull in sight. I bought at .6930 and have ...
- PizzaGuy replied Sep 17, 2015
I knew there had to be someone else here that wasn't bearish . Tempted to close, but I waited TOO long to open a position that I liked. Almost two years. I'm going to ride this one out and hope I caught the bottom. SL is now set at point of entry. ...
- Posts by Member Search: 'PizzaGuy'