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EURUSD

  • #1,186,941
  • Nov 6, 2020 7:38am Nov 6, 2020 7:38am
party finished so early lol
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feel free to invite me to your forum, if you have any
  • #1,186,942
  • Nov 6, 2020 7:52am Nov 6, 2020 7:52am
Quoting Erto
{quote} Sold waiting for results
Biden switched Pennsylvania, Switched to buy aswell
I'm enjoying the wins because I was once terrified by loses
  • #1,186,943
  • Nov 6, 2020 7:52am Nov 6, 2020 7:52am
Quoting Techanalyst
Sell EURUSD. {image}
Why
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  • #1,186,944
  • Nov 6, 2020 7:57am Nov 6, 2020 7:57am
EURUSD sold loss -$120. Opened a buy on GBPUSD.
  • #1,186,945
  • Nov 6, 2020 7:59am Nov 6, 2020 7:59am
Quoting Js3mwtRc
{quote} Even the best trader may end up in loss, because of something going wrong which doesn't matter to his trading style, but just from bad luck. From the other anyone can win in this game, because of that fact - luck! {quote} This is a good advice for a busy trader
I think it has to be more practice and less about luck. Luck is when your roll the dice. In Forex you played against other traders ... unfotunately.
  • #1,186,946
  • Nov 6, 2020 7:59am Nov 6, 2020 7:59am
One way train. Price can't even touch M15 middle BB. I stay with bulls run until I can see first price dive under H1 middle BB.
  • #1,186,947
  • Nov 6, 2020 8:13am Nov 6, 2020 8:13am
Quoting bigiivan
{quote} I think it has to be more practice and less about luck. Luck is when your roll the dice. In Forex you played against other traders ... unfotunately.
Rolling dice and betting on outcome same thing as trading forex....

Forex is gambling... Had this debate with someone else here...

No one knows which way market will go.... You assume with some level of certainty.... That level increase with understanding and analysis of market

You don't know how the dice will fall.... You know odds of rolling higher numbers are greater than rolling smaller numbers.

I'll take a bet of rolling a 12 with 2 dice before I take a bet of rolling a 2 with 2 dice..... I'll take a long on euro when technical and fundamental says so.... But market can go the other way.... If it wasn't a gamble it wouldn't be so many people on here making bad calls
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  • #1,186,948
  • Nov 6, 2020 8:15am Nov 6, 2020 8:15am
Quoting MrBullBear
{quote} London may again take this higher.. I will add more and adjust my TSL as it goes...
I will only flip when my TSL gets hit. My TSL level is my signal for reversal of trend. I already closed some orders below for security.
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Only an idiot knows with certainty to where the market is going.
  • #1,186,949
  • Nov 6, 2020 8:17am Nov 6, 2020 8:17am
Trading is not gambling. Change my mind.
  • #1,186,950
  • Nov 6, 2020 8:18am Nov 6, 2020 8:18am
Quoting Techanalyst
EURUSD sold loss -$120. Opened a buy on GBPUSD.
Bad gamble

Odds were not in your favor bud
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  • #1,186,951
  • Nov 6, 2020 8:20am Nov 6, 2020 8:20am
Quoting mistaouting
{quote} Bad gamble Odds were not in your favor bud
Nope. Still does not prove that trading is gambling. Was looking at NFP but US elections points to bullish. So it is not a gamble, just my mistake. Change my mind.
  • #1,186,952
  • Nov 6, 2020 8:22am Nov 6, 2020 8:22am
Quoting Techanalyst
Trading is not gambling. Change my mind.
Unless you can say something with 100% certainty... It's gamble... Call it what you want

Maybe a hard concept for you to understand or for me to explain
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  • #1,186,953
  • Nov 6, 2020 8:23am Nov 6, 2020 8:23am
Quoting mistaouting
{quote} Unless you can say something with 100% certainty... It's gamble... Call of what you want Maybe a hard concept for you to understand or for me to explain
Nope, you're wrong. Still no explanation or prove. Change my mind.
  • #1,186,954
  • Nov 6, 2020 8:23am Nov 6, 2020 8:23am
Any news or is this the after effect of prev. economical datas?
  • #1,186,955
  • Nov 6, 2020 8:26am Nov 6, 2020 8:26am
Quoting mistaouting
{quote} Bad gamble Odds were not in your favor bud
And where exactly are ur odds?
cause it seems like selling was actually the right call
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I'm enjoying the wins because I was once terrified by loses
  • #1,186,956
  • Nov 6, 2020 8:27am Nov 6, 2020 8:27am
Trading in the markets is not like a dice game, while gambling is a zero-sum game of playing the available odds. Trading involves examining past information and analyzing available data to trade or invest in markets. Unlike gambling, trading has no ultimate win or loss. Trading is not gambling.
  • #1,186,957
  • Nov 6, 2020 8:28am Nov 6, 2020 8:28am
Quoting Techanalyst
{quote} Nope, you're wrong. Still no explanation or prove. Change my mind.
Can't prove it to you... Just like several other things I couldn't prove to you.... No matter how right I was and wrong you were.... Just go back and look at some of our interactions on here....some people can't be taught or convinced.... They have some type of blockage preventing

But most would understand anything you can't say 100% certainty is a gamble... Call it what you want
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  • #1,186,958
  • Nov 6, 2020 8:29am Nov 6, 2020 8:29am
Bank of England kept benchmark interest rate unchanged in November. The Bank of England has once again expanded the scale of its asset purchase program, yet has not focused too much on the negative interest rate policy issues. GBPUSD surged 0.8% and broke above the 1.31 handle overnight; while GBPHKD broke above the 10.1 level during daytime.

GBP bullish.
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  • #1,186,959
  • Nov 6, 2020 8:29am Nov 6, 2020 8:29am
Quoting mistaouting
{quote} Can't prove it to you... Just like several other things I couldn't prove to you.... No matter how right I was and wrong you were.... Just go back and look at some of our interactions on here....some people can't be taught or convinced.... They have some type of blockage preventing But most would understand anything you can't say 100% certainty is a gamble... Call it what you want
I agree that you can't understand why trading is not gambling. It's ok maybe one day you will. Until than, you gamble, and I will trade/invest.
  • #1,186,960
  • Nov 6, 2020 8:31am Nov 6, 2020 8:31am
Quoting Erto
{quote} And whwwh exactly are ur odds cause it seems like selling was actually the right call {image}
Depends on your trading TF...I don't use 1M TF unless I'm scalping.... To the point.... Good luck saying with 100% certainty where market would go..... If it wasn't a gamble wouldn't be so many people getting beat trading forex or it wouldn't be any winners
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