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Cable Update (GBPUSD)
- #600,262
- Edited 8:05am Jun 5, 2021 7:48am | Edited 8:05am
- | Membership Revoked | Joined Jul 2020 | 7,294 Posts
- #600,264
- Jun 5, 2021 10:12am Jun 5, 2021 10:12am
- Joined Sep 2009 | Status: Trader | 6,009 Posts
{quote} Mysterio I wish you get better soon. Ive got anemia now, and for the first time in my life. Quite a hit on my body and they cant find what is causing it. They only know its an infection but dont know what. Too strange..... My trading is mostly on hold also. Still have 17 long term trades and just came out at about BE in my swings and intraday with a long-term closed along with them. Its a shame I could not hang out more and also update my positions as I had meant to. Take good care mate. P.S Im real, not REAL
- #600,266
- Jun 5, 2021 2:30pm Jun 5, 2021 2:30pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
Did Brexit affect the UK negatively? Tim thinks so 
Inserted Video
- #600,269
- Jun 5, 2021 6:22pm Jun 5, 2021 6:22pm
- Joined May 2014 | Status: From1toMillion | 9,471 Posts
Everyone can see the chart, but only a few can actually read it.
- #600,270
- Jun 5, 2021 8:38pm Jun 5, 2021 8:38pm
- Joined Jul 2011 | Status: Gold Again | 10,567 Posts
{quote} Really... the account balance started from $40,000 at 7am and by 9pm his account was up to $465,000? Are you kidding me? Do you actually believe this nonsense or are you that delusional? Stop watching this nonsense and get real with trading seriously. No real trader would risk that much, even if they day trade or long term trade. You definitely won't learn anything from this video you posted. Stop posting videos like that, you are misleading beginner traders.
don't take my word for it, obviously, you haven't watched enough of his videos to gain any concept of his trading background and experience.
what have you ever done?
have you appeared on CNN or Bloomberg?
do you have a trading resource website?
do you have any videos on Youtube?
do you have a Telegram channel and post real-time, live trades?
do you live stream, live trades every day on Youtube?
did you ever write an article and have it published?
NO NO NO to all of the above
And yet you are able to dismiss good advice just like that, simply saying it is nonsense
And then you offer no alternative advice?
That's the part that is nonsense!
Everyone, please make up your own minds, don't let Techanal do it for you
https://www.youtube.com/c/tradertom/videos
It takes a lot for me to IGNORE you, but you can try.
- #600,271
- Jun 5, 2021 9:10pm Jun 5, 2021 9:10pm
- Joined Nov 2015 | Status: Trader | 2,525 Posts
Did Brexit affect the UK negatively? Tim thinks so
It may start soon.
Buy In the money put options with shorter expiry to use it as a lottery ticket. Take Monthly expiry only.
Practice makes a person perfect
- #600,272
- Edited 9:54pm Jun 5, 2021 9:28pm | Edited 9:54pm
- Joined Nov 2015 | Status: Trader | 2,525 Posts
{quote}
I have not done any of those things. Still I trade with 25% gain in a month. Being an adventurer, and my relaxed attitude towards money, I do it mostly for fun on IB platform which offers spot, futures and futures options for trading.
I don't have any interest in seeking attention or followers or my ego massagers or piggyback ride partners and yet I have shared 100% of my experience to FF crowd knowing well it only has 1% of serious and silent learners. It is for those who (a) are highly motivated (b) don't need hand-holding (c) will make their own efforts to find from Google terms they can not understand or need more information (d) don't think it's their birth-right to get effortless solutions to make quick money (e) who prefer to not to lose money but are willing to invest time on learning.
I don't do it knowingly as an act of generosity or a Samaritan act.
I act on the call of invisible forces who have shaped my destiny.
Practice makes a person perfect
- #600,273
- Jun 5, 2021 10:00pm Jun 5, 2021 10:00pm
- Joined Jul 2011 | Status: Gold Again | 10,567 Posts
It takes a lot for me to IGNORE you, but you can try.
- #600,274
- Jun 5, 2021 10:30pm Jun 5, 2021 10:30pm
- Joined Nov 2015 | Status: Trader | 2,525 Posts
Practice makes a person perfect
- #600,275
- Edited 2:30am Jun 6, 2021 1:13am | Edited 2:30am
- Joined Nov 2015 | Status: Trader | 2,525 Posts
{quote} No it isn't. Watch this video, if you don't get it, watch it again. You will understand that it is not possible. https://www.youtube.com/watch?v=GK3-DbuwE0E https://www.youtube.com/watch?v=L7G0OfJUON8&t=6562s
Both have commercial agendas.
It is a marketing technique of playing on fear and greed popular since ages.
Caveat Emptor (buyers beware) is blinded by the strong feelings of fear and greed.
I was just testing the way FF members get wedded to their own opinion and then how they go out all out to waste their energy in proving each other wrong without ever thinking whether it is humanly possible or not.
Since I have no agenda, I am not going to produce my trading record, but I will show you the logic of accepting my claim or anyone else's claim
DAX 30 index produces on an average High Low of around 473 High Low range pips and Open Close of 60 pips in 1440 minutes, which means chances of 8 times more than the Open close to generate pip gains.
Basics
Margin required : about 12.5%. if 15700 index then margin is roughly $40,000
That means if index is up by 10% in a day on contract value, a trader can make 100% of $40,000 (margin investment) = $400,000 in a day if there was no drawdown putting zero pressure on margin% requiring no top-up of margin money. It was easily possible during March 2020 turmoil.
Working based on historic high low of 2020
1.. There is theoretically scope for making 4 times more money by trading from two ends (buy and sell) when rotation of trend happens pumped up by spikes, pushed down by pullbacks, halted by consolidation , plunging to generate emotions, if a trader uses EA to move with the price line entering and exiting swiftly making 20 pips, or sets up progression grids in both up and down directions, it is possible to do so.
2. Friday working left open for anyone to do : Open Close : 60 pips High-Low: 473 pips which means volatility was 8 times giving opportunity to a trader with fast finger to extract 50% of 473 pips or 235 pips, much more than that of open close of 60 pips.
.
Practice makes a person perfect
{image}- #600,278
- Jun 6, 2021 6:02am Jun 6, 2021 6:02am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote}
- #600,279
- Edited 7:03am Jun 6, 2021 6:28am | Edited 7:03am
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
Data + Stat + Risk/Emotions Management
- #600,280
- Jun 6, 2021 6:44am Jun 6, 2021 6:44am
- | Membership Revoked | Joined Jul 2020 | 7,294 Posts
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