DislikedSo if only 25bp drop then bad news for dollar, dollar crosses rise?
50bp or more then dollar crosses weaken?Ignored
Peace
- #421
- Apr 22, 2008 7:49am Apr 22, 2008 7:49am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace
- #422
- Apr 22, 2008 7:53am Apr 22, 2008 7:53am
Hello,
My pending order was triggered 3pips below the low and a.t.m I am looking forward to loosing...just to please Feb!.... we will see what happens ....
Good luck. I lost 18 on that one, but i'm still smiling - #423
- Apr 22, 2008 8:29am Apr 22, 2008 8:29am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace
...yes, perhaps a little 'hint' where they want it to go....eventually
That is right! dust off those negative pips and start again...believe eventhough I am not live a.t.m., I have lost a few thousands so I know how it feels. I never thought that I would be motivated to trade demo but this thread, thanks to Feb and the rest of you has made it worthwhile.
Unus pro omnibus, omnes pro uno
- #427
- Apr 22, 2008 8:34am Apr 22, 2008 8:34am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace
- #429
- Apr 22, 2008 8:37am Apr 22, 2008 8:37am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace
- #432
- Apr 22, 2008 8:45am Apr 22, 2008 8:45am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Feb,
Gosh! u r in the zone! can't wait to see you trade the spot.
As for now, I am doing a research... I want to trade crosses like GPB/JPY ect.
trade by units is a must!!!
By the way, guys if you stick around I was foolin' around with this "units" thingy and I found out something that will help improve your bottom line by far....don't turn the channel 'cause it will definitely deliver a positive twist on money management
cost of seminar
$000.000 ....LOL!!!!
Peace
- #433
- Apr 22, 2008 8:47am Apr 22, 2008 8:47am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace
- #435
- Apr 22, 2008 8:49am Apr 22, 2008 8:49am
1)Because I wanted to demonstrate that you need to be prepared for losers like this, therefore the importance of trailing stops, either in the worst case scenario like this one.
2) The reason why I prefer to trade the first swing of the session.
3) The importance of losing as why you must make it part of your business. thus how to deal with it.
You'll find thousands of strategies "systems" etc on the net....many of them free. If you look closely, most of them are giving you a framework but leaving you vulnerable of losing. When someone has a loser, they start "cruvin fittin" which is nothing more than adding and subtracting indicators, timeframes, I mean..you name it...to avoid losing
Losing in this business can't be avoided.....
I want to be different. I want for you guys to stick to your guns even if you lose. Stop looking for alternatives and add-on's. Be disciplined, stick to your money management and when you have a loser like this, close your charts and have a life...there's always tomorrow and the markets aren't going anywhere
. I agree with your opinion on all the add-ons and curve fitting stuff. wish you good health always and hope many other traders will visit your thread as they will learn something from you.my best regard.
I am bored..
- #436
- Apr 22, 2008 8:50am Apr 22, 2008 8:50am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace
- #438
- Apr 22, 2008 8:55am Apr 22, 2008 8:55am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Feb, you have answered my curiousity perfectly. anyway, well said and its an anwer that deserve respect
my best regard.
welcome to the family!!!!!
Peace
- #439
- Apr 22, 2008 8:57am Apr 22, 2008 8:57am
- | Commercial User | Joined Jun 2006 | 1,578 Posts
Peace