It is the dust where you came from & it is the dust where you shall return
If you haven't made it yet, what makes you think you will? 212 replies
How Many Accounts Did You Blow Before You Got It Right? 213 replies
Demo Trading: How good were you before you went live? 6 replies
If you buy gbp/usd and sell eur/usd, is that the same as being short eur/gbp? 1 reply
Disliked{quote} Watch out. it could gap over your pending orders and then place the trade at the end of the gap, then retrace! Your stop loss WILL NOT MOVE and will be WAY back where you set your pending order. I lost a whole account this way in a gap.Ignored
Disliked{quote} Seems if a "no" vote Greece will have no choice but to leave the Euro EU tells Greeks they cannot use the euro after a 'No' http://www.telegraph.co.uk/finance/e...ults-live.htmlIgnored
Disliked{quote} Watch out. it could gap over your pending orders and then place the trade at the end of the gap, then retrace! Your stop loss WILL NOT MOVE and will be WAY back where you set your pending order. I lost a whole account this way in a gap.Ignored
Disliked{quote} I'm not sure about that. Tsipras says that even with a NO vote Greece will probably stay in the Euro but they want to negotiate about the conditions. When they vote YES Greece is going to sign the current conditions. But anything can happen. I don't think the Eurogroup is prepared to make big concessions about the support.Ignored
Disliked{quote} I did not place pending orders. I bought and sold at the same time no TP NO SL. (pointless of placing SL TP on friday close. Market will give you whatever level it opens tonight0. I will grab profit on the first one. and follow closely when market moves on during the day.Ignored
Disliked{quote} Ok. So you did a hedge hoping to take profit one way and then profit on a reversal. Ballsey. Be careful when you take profit on half the hedge, as the other trade that is in DD will instantly give your account a DD to that amount. If it is a big trade it could margin call you.Ignored
Disliked{quote} Thanks for your advice... I like learning from other traders. As for me i might not take profit right away. worst thing is when i close both trades i will lose the spreads... But why should it be a draw down if on one side i win same ratio as the lose one ? (minus spread of course which could be high... that is why i might not take profit just yet tonight).Ignored
Disliked{quote} If you have a hedge and the price drops, say. You will have, for example, the sell trade at $3000 profit, and the buy trade at -$3000 loss. You account DD will be nothing as they are both balanced. But as soon as you take the $3000 profit, you account will now have a DD of $3000. If you only had a starting balance of say $500, You account balance would be $3500, but now with a DD of -$3000. That is an 86% draw down. Some brokers will margin call you for that.Ignored
Disliked{quote} I agree to this. But before it will go backup, I cannot guess the extent of DOWN and for how long it will last before reversal... Can you ?Ignored