That path requires a lot of resolve and mental fortitude, but high risk = high reward.
Nice run Monty
1
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedI'm studying it, since I don't mind taking larger positions every now and then, its ideal for someone like you also, the cost of the option is the margin, in the Uk, margin can be a problem.No stop, there's a max loss inbuilt. Spikes/volatility won't take you out. Also, you can do a daily or monthly option, you can close anytime. I searched FF but there are no threads on it. {quote}Ignored
Disliked{quote} Here I am, almost hit my MC, will lose one of the two accounts i have if it happens and im fu*ked up. How do you handle such losses man?Ignored
Disliked{quote} The way of the grinder. That path requires a lot of resolve and mental fortitude, but high risk = high reward. Nice run MontyIgnored
DislikedGBP/USD analysis | Nov 27, 2019 The video (we made on TradingView) explains two different scenarios, one for buy and another for sell. Watch entire video to find out entry, SL & TP points and also to find when to set SL to BE. Feel free to comment if you want elaboration on something. https://www.youtube.com/watch?v=V8FldJlQuTkIgnored
Disliked{quote} Just now checked my acc after the meeting at work and Adios People margin call hit on my all pound sells..... lost -22k................Ignored
Dislikedyou could have held a weekly naked option for a max loss 2k at £40 per pip short and still been in right now. end of the week would be -2 k at any number above the strike, with very high leverage. {quote} {image}Ignored
DislikedI was mentioning earlier... lots of sell callers in this thread. Better to be off from this thread when trading. I had some shorts between 2900 to 2915. and 2870 to 2890. Good lot size. Into floating loss now. But due to available margin, I sold high between 2945 to 2950 some huge lots to cover. tight stop at 2958. Hopefully will close all in nice profit.Ignored
DislikedI was mentioning earlier... lots of sell callers in this thread. Better to be off from this thread when trading. I had some shorts between 2900 to 2915. and 2870 to 2890. Good lot size. Into floating loss now. But due to available margin, I sold high between 2945 to 2950 some huge lots to cover. tight stop at 2958. Hopefully will close all in nice profit.Ignored
DislikedI was mentioning earlier... lots of sell callers in this thread. Better to be off from this thread when trading. I had some shorts between 2900 to 2915. and 2870 to 2890. Good lot size. Into floating loss now. But due to available margin, I sold high between 2945 to 2950 some huge lots to cover. tight stop at 2958. Hopefully will close all in nice profit.Ignored
Disliked{quote} Best thing I have seen written here in a long time. Make it trading rule Number One.Ignored
DislikedI was mentioning earlier... lots of sell callers in this thread. Better to be off from this thread when trading. I had some shorts between 2900 to 2915. and 2870 to 2890. Good lot size. Into floating loss now. But due to available margin, I sold high between 2945 to 2950 some huge lots to cover. tight stop at 2958. Hopefully will close all in nice profit.Ignored
Disliked{quote} So until where you expect the reversal to end? I am a new trader but got perplexed by the Yogov report. Also short just below 2900, on purpose did not set stop loss (which backfired more than expected), and have got back some of my losses by shorting at 2950 as yourself navk. The general content of the report was leaked earlier in the evening, hence first spike. But i can only assume/guess the large institutional players already had the detailed content of the report in the afternoon at latest british time, hence buy action in the afternoon....Ignored