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- Lonestar replied Apr 24, 2012
That's true if you are using one of those bucketshops based in Cyprus. I use Nadex. Their binaries are different than those. I have risked as little as 10 and made 90. Even if you close early when price is at the strike, around 50, you make 4 to 1. ...
- Lonestar replied Apr 15, 2012
Obviously unbeknownst to you there are many many aspects to trading and very few, if any I am rapidly discovering, that you have even a basic grasp. Do you actually think that every aspect of trading can be discussed at once? Let me clue you in. The ...
- Lonestar replied Apr 13, 2012
No offense take since you talking apples and oranges. Discretionary trading and HFs are completely different approaches to trading. Care to site the reference that most were underwater the past couple years? Again, you're talking risk/money ...
- Lonestar replied Apr 13, 2012
True dat!
- Lonestar replied Apr 13, 2012
Entries? Exits? Buy? Sell? Price action? Why bring that into it? That's completely out of context with the issue at hand. I addressed the issue which was your ignorance on how pairs are related and how a single price change causes a cascading effect ...
- Lonestar replied Apr 13, 2012
He actually said "consistently is around 50% right." But in all seriousness, a trader with very honed trade management skills and some knowledge of the technical side can consistently turn profits from a coin flip. I have done it just for shits ...
- Lonestar replied Apr 13, 2012
Coin flip.
- Lonestar replied Apr 13, 2012
Here's something for you Bob: EU * UJ / AJ * ANZD / GBPNZD = EGBP Do the math. How about I do it for you. 1.31463 * 80.981 / 84.264 * 1.25388 / 1.92092 = .82469 These were the current bids when I did this and it ends up exactly with the EUR/GBP ...
- Lonestar replied Apr 13, 2012
The outcome of business transactions is governed by math. If you go to the store and buy $8 worth of stuff and hand the cashier $10 you're gonna get $2 back. The two are not mutually exclusive. You seem to think that it's a coincidence or twist of ...
- Lonestar replied Apr 12, 2012
It is funny that a simple concept is not understood and that lack of understanding is on your part. E/U * U/J = E/J. Do yourself a favor and every fifteen minutes whip out your calculator and do the math. As others have pointed out forex is one of ...
- Lonestar replied Apr 9, 2012
All or nothing at expiration. Prior to expiration some brokers will let you close them early. I use Nadex and they allow early close. I have risked as little as $10 per contract for a reward of $90 per contract.
- Lonestar replied Apr 8, 2012
Did you not see the charts that someone posted in one of your other threads of a random chart and a real chart that showed clearly that both have trends? Does that mean that if a chart doesn't have a clear trend that it is random? What if a chart ...
- Lonestar replied Mar 28, 2012
If you can't follow a clear trend then why are you in a trade? Why are you trading a news release which is notoriously volatile? Do you think you can know how the news will be digested given the bigger picture? Does that even matter? These are ...
- Lonestar replied Feb 1, 2012
No they're not. I collected interest on my longs today and yesterday and the day before and.... Check your math or your eyesight.
- Lonestar replied Nov 14, 2011
Just change the units on zar/jpy to 8000 units (acutally 7987, give or take a unit) and you would have a full hedge. And of course your negative swap goes up accordingly for that pair leaving you overall negative.
- Lonestar replied Nov 13, 2011
It's not about pip values. It's about net exposure. Long e/u 10,000 units = $1.00 pip Short e/j 10,000 units = $1.30 pip Long u/j 13,800 units (give or take a few units) = $1.79 pip This would be a full hedge with the net exposure being zero and ...
- Lonestar replied Aug 28, 2011
Just saw this. Can't believe this thread is still going. Count me in. It will be the easiest money I have ever made.
- Lonestar replied Aug 8, 2011
Wrong. Half in half out. You buy (ask) and then immediately sell (bid) when price hasn't move at all and the spread is 10 pips then you just paid 10 pips. The difference between bid and ask. Or you buy (ask) when the spread is 10 and then sell ...
- Lonestar replied Aug 8, 2011
My comment had nothing to do with whoever got stopped it over the weekend. It was in reference to you saying the price rarely opens on Sunday where it closed on Friday which was incorrect. This weekend was a rarity where price actually moved over ...
- Lonestar replied Aug 8, 2011
What?! It's the same 99.9% of the time. Prices actually moved this weekend which was expected due to the major news released after market close on friday but that is very rare. Chances are you have your weekend data hidden and are not seeing when ...