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- Klaka replied Feb 3, 2008
It's far from impossible, it's the NAV you have to watch out for. Your NAV, your tolerence for risk. I could literally show you all one setup, just and only one that will GUARANTEE a net of 75% profit FI and ONLY IF you utilize it properly will it's ...
- Klaka replied Feb 1, 2008
Yeah, like i said, when the hunch doesn't work immediately.
- Klaka replied Feb 1, 2008
Any good day traders/swingers here?
- Klaka replied Feb 1, 2008
Just try it!
- Klaka replied Feb 1, 2008
Used to be, but it got boring for me, you see. Everything in trading must premitt some kind of challenge, or it's just business like as usual, but. No, i don't fade. I do dangerous trades, daytrading sometimes.
- Klaka replied Feb 1, 2008
Nice, i'm happy for you. Goodshit on that, always good to see someone else jackign WallStreet and their groupys. Keep up the good work!
- Klaka replied Feb 1, 2008
It's hard to say, for scalpers, the first sign of volatility is when to get out, but if you are a scalper, then you shouldn't be in a volatile trade in the firstplace. I'd say get out when it doesn't reverse on the expected hunch on where it's going ...
- Klaka replied Feb 1, 2008
That's good that it's going to be harder, very hard on the New Traders. It takes no skill whatsoever to trade New Spikes. And by this, i mean the real way to trade News. All they have to do is look. I'd like to share a method of News Trading, if you ...
- Klaka replied Feb 1, 2008
Most of your trading is going to be reactional off of 'what's happening now', there is no way to guess and predict Market Reaction. It's purely intuitional.
- Klaka replied Feb 1, 2008
Jacob is just trying to get some sensible replys, you idiot.
- Klaka replied Feb 1, 2008
I don't like Gold and i don't like commodities, too much risk that will kill your NAV. How many times have people blown up accounts because they couldn't define their risk NAV. Too many.
- Klaka replied Feb 1, 2008
If you like guessing for your wins, then by all means, use a Market Maker and any chart for technicals that you can think of, i guarantee you a loser in the end. There's a book called 'The Guts and Glory of Trader Who Made & Lost $1 Million' read it ...
- Klaka replied Feb 1, 2008
It's not that risky, not as risky as everyone is making it "appear to be".
- Klaka replied Feb 1, 2008
Slippage is just another big way for banks to make money at your expense, an excuse to push a move in their favor while drowning you out with the leftovers. This can occur at anytime, not only News Reports.
- Klaka replied Feb 1, 2008
News Reports aren't as risky to trade as they appear, just watch the NFP for a while, for about 2 hours after it hits and see what it does.
- Klaka replied Feb 1, 2008
PS- Support and Resistance is just an illusion, everytime you see it, try to pen point it, you keep going on an endless loop of guessing games. Which way, which way?! Don't even try to use this stuff, real profits have nothing to do with S and R.
- Klaka replied Feb 1, 2008
Traders are losing and losing big because of one simple thing, volatility. People keep trying to fight fire with gasoline, you simply cannot do that, gambling and smart gambling is what this game of trading any commodity is all about, not hopes and ...
- Klaka replied Feb 1, 2008
This is a dangerous damn pair, i've never. Nor would i ever trade this, too much risk, a 3 pip spread= doom for everyone interested.
- Klaka replied Feb 1, 2008
First thing is, you need to leave the charts and the averages alone. That's the first mistake, you sort of HAVE to go the opposite of where these brokers and companys train you and want you to go, then. Something starts to click. Look up an ...
- Klaka replied Feb 1, 2008
I would start a journel, but this forex thing is way too big to journel any type of strategy, but i will say this. The more and more i see these "trading systems" the more i laugh. Have you ever seen a Casino Trading System before? Well, there's a ...