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  • #87,701
  • Apr 20, 2009 10:15pm Apr 20, 2009 10:15pm
For the moment, I'm also long GJ
But watching closely because I don't believe we are suddenly changing direction. I realize that I'm trading against the trend.
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  • #87,702
  • Apr 20, 2009 10:16pm Apr 20, 2009 10:16pm
Quoting Jay Walker
Because that would go against my plan.
Never one to interfere with a mans' plan. I am assuming you booked some of your profits from last week and your remaining short is just part of the puzzle.
  • #87,703
  • Edited 10:20pm Apr 20, 2009 10:17pm | Edited 10:20pm
Quoting dysan4x
Never one to interfere with a mans' plan. I am assuming you booked some of your profits from last week and your remaining short is just part of the puzzle.
No.

Next week I will have booked some of my profits. Then what will be remaining is just gravy.

Unless I have to move on to plan B of course which would surprise me at this point. But it's in place if it comes along.
Not all sins are created equal
  • #87,704
  • Apr 20, 2009 10:18pm Apr 20, 2009 10:18pm
ive been in since 2923 waiting patiently, short ofcourse!
  • #87,705
  • Apr 20, 2009 10:23pm Apr 20, 2009 10:23pm
Quoting clayton4115
ive been in since 2923 waiting patiently, short ofcourse!
nothing a little viagra cant help
those who can, do. those who cant, talk about those who can
  • #87,706
  • Edited 10:34pm Apr 20, 2009 10:23pm | Edited 10:34pm
PA looks to be in place at the temporary bottom @12885/12900 lvl and bears look ready for a final cleanup of the royal bull guards on hill 13070-13140 with consol/stall areas @13190. We mabbe seeing some wild swing of 100pips moves before bulls finally succumb to bears supremacy.

GL and trade well and follow the road signs.....
  • #87,707
  • Apr 20, 2009 10:25pm Apr 20, 2009 10:25pm
100 pips swing, ouch my total portfolio will be wiped out

LOL gatorinla
  • #87,708
  • Apr 20, 2009 10:27pm Apr 20, 2009 10:27pm
Quoting clayton4115
100 pips swing, ouch my total portfolio will be wiped out

LOL gatorinla
Overleveraged?
Not all sins are created equal
  • #87,709
  • Apr 20, 2009 10:34pm Apr 20, 2009 10:34pm
Quoting clayton4115
100 pips swing, ouch my total portfolio will be wiped out

LOL gatorinla
You should seriously consider some lessons in Money Management. I assume you are on a demo account?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #87,710
  • Apr 20, 2009 10:34pm Apr 20, 2009 10:34pm
no i was just kidding, not overleveraged at all, playing the game safely, want to be here in a months time and not blown an account!
  • #87,711
  • Apr 20, 2009 10:35pm Apr 20, 2009 10:35pm
no not demo, using real money $$$$, the green stuff lol
  • #87,712
  • Apr 20, 2009 10:38pm Apr 20, 2009 10:38pm
Quoting clayton4115
no i was just kidding, not overleveraged at all, playing the game safely, want to be here in a months time and not blown an account!
That doesn't make sense. If you weren't overleveraged, you wouldn't chew your fingernails when hearing "100 pips swing". That's like saying a house is hurricane proof when it couldn't withstand a benign rainstorm.

KW is right, you should learn more about Money Management.
Not all sins are created equal
  • #87,713
  • Apr 20, 2009 10:40pm Apr 20, 2009 10:40pm
waiting for the 30m & 60m stoch's to turn, once they're done making their little run I'll be out.
  • #87,714
  • Apr 20, 2009 10:43pm Apr 20, 2009 10:43pm
well i am trading 1 pip to $1 so i can risk 100 pips to my portfolio, my balance is $1800 so i am risking 5.6% of my capital per trade.
  • #87,715
  • Apr 20, 2009 10:45pm Apr 20, 2009 10:45pm
Quoting clayton4115
well i am trading 1 pip to $1 so i can risk 100 pips to my portfolio, my balance is $1800 so i am risking 5.6% of my capital per trade.
You must really enjoy this
  • #87,716
  • Apr 20, 2009 10:46pm Apr 20, 2009 10:46pm
yes when i have winning trades
  • #87,717
  • Apr 20, 2009 10:47pm Apr 20, 2009 10:47pm
Quoting clayton4115
well i am trading 1 pip to $1 so i can risk 100 pips to my portfolio, my balance is $1800 so i am risking 5.6% of my capital per trade.
Definitely WAY TOO MUCH RISK !
New voice message: Why are you calling me? If I need you, I'll call you!
  • #87,718
  • Apr 20, 2009 10:48pm Apr 20, 2009 10:48pm
then whats your suggestion Killer?
  • #87,719
  • Apr 20, 2009 10:49pm Apr 20, 2009 10:49pm
Quoting clayton4115
well i am trading 1 pip to $1 so i can risk 100 pips to my portfolio, my balance is $1800 so i am risking 5.6% of my capital per trade.
Guy, I have more than double that in my account and I trade less than 1 pip to $1.

You are way way WAAAAAAAAAAAAAY overleveraged.
Not all sins are created equal
  • #87,720
  • Apr 20, 2009 10:51pm Apr 20, 2009 10:51pm
well i can only trade $1 per pip here using this broker who i am with

www.cityindex.com.au
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