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Talk about a way to start a day off

  • #21
  • Oct 18, 2006 10:10am Oct 18, 2006 10:10am
Oh Phil, I see your point on the first two, but thee therd i JUst dont git. com onn silling erors caan jist bee a tipo.



Quoting philmcgrew
The only points you've made so far are:

1. You don't know how your broker works
2. You can't admit when you are wrong
3. You can't spell proven.

Which one are we focusing on now?
  • #22
  • Oct 18, 2006 10:11am Oct 18, 2006 10:11am
Quoting philmcgrew
The only points you've made so far are:

1. You don't know how your broker works
2. You can't admit when you are wrong
3. You can't spell proven.

Which one are we focusing on now?
Come on phil. everybody has their own trading style. For some reason everyone gets mad at people who decide to wait a trade out with no s/l. I've not seen any evidence yet in all of my demo trading, that this will not eventually work, and usually makes a profit. It can be stupid to do, yes I agree, and sometimes you are "stuck" in a trade for a long period of time, which is wastefull time, but there are people that carry trades just for the interest. So what's the big deal?
  • #23
  • Oct 18, 2006 10:12am Oct 18, 2006 10:12am
Quoting smjones
Oh Phil, I see your point on the first two, but thee therd i JUst dont git. com onn silling erors caan jist bee a tipo.
Yeah I know. Now I have to spell check all my posts.
  • #24
  • Oct 18, 2006 10:14am Oct 18, 2006 10:14am
Quoting philmcgrew
The only points you've made so far are:

1. You don't know how your broker works
2. You can't admit when you are wrong
3. You can't spell proven.

Which one are we focusing on now?

I never said i was wrong for placing the trade.... if you remember in the first post i stated

"This morning before I left to go to school I placed a take profit on the EURUSD at 2507, that would of been a 1 pip profit on a short trade i made yesterday that I realized was not going to go my way any time soon."

Meaning I knew it was a bad trade so I was trying to get out of it


Second of all

I do know how my broker works, I also stated that:

" Assuming all this is true...ok...But they could at least give me a professional answer.
"


Meaning that the only thing i didnt know is A. how far did the spread really widen and B. Why couldnt they give me a professional answer

I wasnt really debating the fact of why my trade didnt close

I was just wondering how come the answer they gave me was so shady




So you can chill with the little attitude you are catching
Nothing is hard, some things just take more time and discipline.
  • #25
  • Oct 18, 2006 10:19am Oct 18, 2006 10:19am
Quoting NipthePips
So you can chill with the little attitude you are catching
That's cute.

Phil is a little bit more consistent than you. I'd suggest that you show respect.

The point is that you shouldn't let trades like that run. You should have closed it out. You're going to get 0wned at some point, and then you're going to look back at this thread and say, "Darn. They were right all along."
Mr. Trend
  • #26
  • Oct 18, 2006 10:19am Oct 18, 2006 10:19am
Quoting llambert3
Come on phil. everybody has their own trading style. For some reason everyone gets mad at people who decide to wait a trade out with no s/l. I've not seen any evidence yet in all of my demo trading, that this will not eventually work, and usually makes a profit. It can be stupid to do, yes I agree, and sometimes you are "stuck" in a trade for a long period of time, which is wastefull time, but there are people that carry trades just for the interest. So what's the big deal?

Its the interest that is attracting me too now


I get about .72 of a pip interest a day...thats another reason i didnt mind waiting out the trade


and besides I only use about 6-7% margin per trade...i had plenty of room to trade around
Nothing is hard, some things just take more time and discipline.
  • #27
  • Oct 18, 2006 10:20am Oct 18, 2006 10:20am
Quoting Mr Trend
That's cute.

Phil is a little bit more consistent than you. I'd suggest that you show respect.

Do you even know my trading history?


And I dont care if he is the president, he could at least show me respect too

We are all adults on this forum
Nothing is hard, some things just take more time and discipline.
  • #28
  • Oct 18, 2006 10:21am Oct 18, 2006 10:21am
Quoting NipthePips
Do you even know my trading history?
LOL. I'll risk... hmm, 30-50% of my capital that you're one of the 95% right now. Like most of the 95%, you fail to understand why we told you to get out.

You're like a darn poker player. See See, hahahaha, I won a hand by playing 73o...

All the while your capital is much more dismal.

But you won't listen. You'll continue to make the same dumb mistakes until you blow up.
Mr. Trend
  • #29
  • Oct 18, 2006 10:24am Oct 18, 2006 10:24am
Quoting llambert3
Come on phil. everybody has their own trading style. For some reason everyone gets mad at people who decide to wait a trade out with no s/l. I've not seen any evidence yet in all of my demo trading, that this will not eventually work, and usually makes a profit. It can be stupid to do, yes I agree, and sometimes you are "stuck" in a trade for a long period of time, which is wastefull time, but there are people that carry trades just for the interest. So what's the big deal?
Point taken. Trust me, I'm not mad, I simply offered my opinion.

No offense but Demo trading is not the same as trading for a living. I still take a demo trade once in a while just to goof off. I think demos are great but, it's not the same.

People who don't trade with stop losses usually take care of themselves through some Darwinian process. I am not concerned with fixing who does or does not use a stop.

If your trade doesn't work it doesn't become a carry trade. If you want a carry trade then plan it and enter the trade. Don't make a bad trade and then call it a carry trade. By the way, the EURUSD would be one of the worst pairs to call a carry trade since the interest rate differential is negligible when compared to other pairs. IF you have a great broker you might see 1/2 pip a day.
  • #30
  • Oct 18, 2006 10:29am Oct 18, 2006 10:29am
Quoting Mr Trend
LOL. I'll risk... hmm, 30-50% of my capital that you're one of the 95% right now.
Well I have been trading for a full year on December..I started with a 1K account

the reason why i get so angry when i have a big loss, is because i dont lose to often...why cause i am very patient


My account has averaged way over 80% a month consistantly...for a year...so it stopped being gambling a long time ago


I am always learning new things, thats why i love this forum

But i didnt realize people get so angry here
Nothing is hard, some things just take more time and discipline.
  • #31
  • Oct 18, 2006 10:33am Oct 18, 2006 10:33am
Quoting philmcgrew
Point taken. Trust me, I'm not mad, I simply offered my opinion.

No offense but Demo trading is not the same as trading for a living. I still take a demo trade once in a while just to goof off. I think demos are great but, it's not the same.

People who don't trade with stop losses usually take care of themselves through some Darwinian process. I am not concerned with fixing who does or does not use a stop.

If your trade doesn't work it doesn't become a carry trade. If you want a carry trade then plan it and enter the trade. Don't make a bad trade and then call it a carry trade. By the way, the EURUSD would be one of the worst pairs to call a carry trade since the interest rate differential is negligible when compared to other pairs. IF you have a great broker you might see 1/2 pip a day.

Well Phil, yes i originally didnt plan it to be a carry trade, but when i placed the trade i did say...well in the long term where is this pair going, so just in case it doesnt work out i wont worry...and thats what happend,

this post wasnt because of a bad trade decision

it was more because of my broker's unprofessionalism

the trade was suppose to close and i wondered why it didnt thats all


Yea small interest, but interest none the less...i get about .72 of a pip


And i thought i stated that this is a live account?
Nothing is hard, some things just take more time and discipline.
  • #32
  • Oct 18, 2006 10:35am Oct 18, 2006 10:35am
Thread closed!


I would be happy to reopen it, if we can all take a deep breath and get back to civil dialog. Sorry everyone.

Scott Moderator
  • #33
  • Oct 18, 2006 10:45am Oct 18, 2006 10:45am
Ok, Here we go. I am reopening this thread now...
  • #34
  • Oct 18, 2006 11:03am Oct 18, 2006 11:03am
I wanted to apologize if i came off offensively to anyone


I dont know how this thread originally sounded but, i believe the original topic got distorted


I really dont have anything else to say about this
Nothing is hard, some things just take more time and discipline.
  • #35
  • Oct 18, 2006 11:22am Oct 18, 2006 11:22am
Quoting NipthePips
Well I have been trading for a full year on December..I started with a 1K account

My account has averaged way over 80% a month consistantly...for a year...so it stopped being gambling a long time ago
Then you would know that a 1K account with 80% return a month for one year would be worth over a million now. Not bad, you've taken $1,000 and turned it into $1,000,000. I'm impressed.

Why would a millionaire such as yourself need our advice?
  • #36
  • Oct 18, 2006 11:26am Oct 18, 2006 11:26am
Quoting twinchell
Then you would know that a 1K account with 80% return a month for one year would be worth over a million now. Not bad, you've taken $1,000 and turned it into $1,000,000. I'm impressed.

Why would a millionaire such as yourself need our advice?
I failed to mention in the heat of the moment that i was including my demo trading months


ive only been live account trading for like 6 months


my words came out jumbled

And even if i did start a year with 80%

i would only have a little over 600K

but yea, not a millionaire but i am really on my way and close

and im not taking about what i said...i do average 80%+ monthly

if i really cared to prove myself i would post my account
Nothing is hard, some things just take more time and discipline.
  • #37
  • Oct 18, 2006 11:30am Oct 18, 2006 11:30am
Well, good for you.
  • #38
  • Oct 18, 2006 5:18pm Oct 18, 2006 5:18pm
Quoting smjones
Ok, Here we go. I am reopening this thread now...
Well thanks for reopening 15 minutes after my long message back that once I hit submit said "thread closed" LOL Its ok, sad thing is my message was very good and friendly.

Oh well. Another day.
  • #39
  • Last Post: Oct 18, 2006 5:36pm Oct 18, 2006 5:36pm
Sorry, collateral damage... LOL Scott

Quoting llambert3
Well thanks for reopening 15 minutes after my long message back that once I hit submit said "thread closed" LOL Its ok, sad thing is my message was very good and friendly.

Oh well. Another day.
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