Sometimes your best investments are the ones you don't make.
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DislikedI bought GBP/USD on 30th August 2011 @ 1.6374.
Currenty market is on 1.6166.
Per point value of my position is 5usd and right now im in loss of 1000usd.
My total equity is USD4000.
Please suggest what to do.Ignored
DislikedI bought GBP/USD on 30th August 2011 @ 1.6374.
Currenty market is on 1.6166.
Per point value of my position is 5usd and right now im in loss of 1000usd.
My total equity is USD4000.
Please suggest what to do.Ignored
DislikedConsidering your risk size and (I assume) desire to not use a stop loss, I would assume you like to gamble.
Why stop gambling now? I agree with Dopey...let it ride...Ignored
DislikedI made 2873% last night on the same exact trade! It was PERFECT.Ignored
DislikedContrary to some of the ridiculous posts in this thread, the philosophy here is simple:
In order to make large gains, you HAVE to be willing to take large risks.
And if you're not in this to make a huge profit in the end, then I don't know WTF you're even trading.
There is absolutely NOTHING wrong with trading with large or even non-existent stops.
But that's ONLY if you know what the hell you're doing.
For instance, GBP/USD is one of the worst pairs to trade using this method. It's known for steeply trending.
1. [b]Right...Ignored
DislikedArrogant? Maybe. But as far as I'm concerned, intelligience, wisdom, and skill give one the right to be as arrogant as he chooses.
Humility is reserved for the losers.Ignored
DislikedConsidering the fact that maximum leverage is now 50:1, that is physically impossible.Ignored
QuoteDislikedIf you're gonna post immature bulls***, at least have the sense to make up a realistic number.
QuoteDislikedThis is why the vast majority of traders lose in the end.
QuoteDislikedEnjoy breaking even over the next ten years. With that kind of attitude, that's the best you can hope for.
QuoteDislikedBut don't despair. Considering the statistics of 95% of all traders being complete failures, it's safe to say that you're in good company. If any of the bullcrap posts in this thread are any indication, almost none of you know what the hell you're doing.
DislikedI bought GBP/USD on 30th August 2011 @ 1.6374.
Currenty market is on 1.6166.
Per point value of my position is 5usd and right now im in loss of 1000usd.
My total equity is USD4000.
Please suggest what to do.Ignored
DislikedI bought GBP/USD on 30th August 2011 @ 1.6374.
Currenty market is on 1.6166.
Per point value of my position is 5usd and right now im in loss of 1000usd.
My total equity is USD4000.
Please suggest what to do.Ignored