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  • #90,061
  • Apr 28, 2009 10:55am Apr 28, 2009 10:55am
Quoting Bigfx
emda based on your comments you are probably the only one on here making money. Everyone is upset I state facts in my posts but if you go back you can see my entries, I dunno...lets scalp another 3 pips for the win WOOHOO
my balance is growing like my avatar
some days I lose... but I recover it all back the next day or two...

I've tried many systems in the past... just to understand that there is no system... there is only risk management. While investigating different systems on the demo I've been using the same same same chart template for years on the real account. After some years using the same template you can really have a sense of the market and start feeling very confortable to put your money management to work.

also... people try to scalp... and that's difficult... very...
  • #90,062
  • Apr 28, 2009 10:58am Apr 28, 2009 10:58am
Quoting emda
my balance is growing like my avatar
some days I lose... but I recover it all back the next day or two...

I've tried many systems in the past... just to understand that there is no system... there is only risk management. While investigating different systems on the demo I've been using the same same same chart template for years on the real account. After some years using the same template you can really have a sense of the market and start feeling very confortable to put your money management to work.

also... people try to scalp... and that's...
everyone loses but if you do get right back on the horse. Scalping just isnt for me but works for others more power to everyone i just don't have that kinda time.
Boycott GFT for NFA hedge rule
  • #90,063
  • Apr 28, 2009 10:58am Apr 28, 2009 10:58am
Quoting Bigfx
This board is like the Obama administration no opposition allowed.

I merely made a comment on the facts of what I noticed. I am not here selling anything as I stated before all I can do is post my entries and if you want to scalp by all means go for it, its not my money its yours. I closed out +475 this week on two trades I just don't have the time to watch charts all day but if you do great.

This is a board for an open discussion on the EU which i am doing I am not calling anyone names just pointing out what I see. This isn't Obama's EU so we...
Homeland Security is holding on line one for you......Ha!http://www.forexfactory.com/images/icons/icon10.gif


mm
He who hesitates is hesitant....which always leads to bad entries.
  • #90,064
  • Apr 28, 2009 11:00am Apr 28, 2009 11:00am
Quoting Bigfx
they will petition in the future im sure to dump all charts as well I hate GFT! I may fly to vegas in aug to wear a I hate gft t-shirt
Do you have targets for your shorts?
  • #90,065
  • Apr 28, 2009 11:00am Apr 28, 2009 11:00am
Quoting Mackeymax
I don't think GFT has that much pull......rather brokers have seen that people make $ long and short and could be putting a tiny dent in their kitty...

mm

p.s. a lot of other brokers offer hedging too....
Dude they got rid of hedging obviously they have enough pull to get things done in the USA. Are you aware NFA right now is thinking of changing margin to 2 to 1 meaning you would need 50k of your own money to trade 1 std on the EU
Boycott GFT for NFA hedge rule
  • #90,066
  • Apr 28, 2009 11:02am Apr 28, 2009 11:02am
this is for anyone who for some strange reason loses a trade...

when you lose a trade..... make this exercise and then you can be ready for the next trade

Inserted Video




now seriously... you have to get control of your mind. be positive and think that losing is part of the game and that next trade is going to be fantastic.
  • #90,067
  • Apr 28, 2009 11:04am Apr 28, 2009 11:04am
Quoting Bigfx
This board is like the Obama administration no opposition allowed.

I merely made a comment on the facts of what I noticed. I am not here selling anything as I stated before all I can do is post my entries and if you want to scalp by all means go for it, its not my money its yours. I closed out +475 this week on two trades I just don't have the time to watch charts all day but if you do great.

This is a board for an open discussion on the EU which i am doing I am not calling anyone names just pointing out what I see. This isn't Obama's EU so we...
Ok your right about a lot in my opinion. Now if you would be so kind as to put a chart up with your posts and explain what your thinking.

Winning and being sexy
Crap, that's a lot better than what I had.

A trade plan is the most important part of starting your day, I'll be interested to see how you plan your day.
  • #90,068
  • Apr 28, 2009 11:04am Apr 28, 2009 11:04am
Quoting Bigfx
Dude they got rid of hedging obviously they have enough pull to get things done in the USA. Are you aware NFA right now is thinking of changing margin to 2 to 1 meaning you would need 50k of your own money to trade 1 std on the EU
Well hope everyone can grab what they can.Sounds like they just want the big boys to play again.
  • #90,069
  • Apr 28, 2009 11:12am Apr 28, 2009 11:12am
Quoting emda
this is for anyone who for some strange reason loses a trade...

when you lose a trade..... make this exercise and then you can be ready for the next trade

http://www.youtube.com/watch?v=eXgdSOxaCGI



now seriously... you have to get control of your mind. be positive and think that losing is part of the game and that next trade is going to be fantastic.
OMG, I can't believe I just bookmarked that link, hahaha..
  • #90,070
  • Apr 28, 2009 11:13am Apr 28, 2009 11:13am
Quoting Bigfx
Dude they got rid of hedging obviously they have enough pull to get things done in the USA. Are you aware NFA right now is thinking of changing margin to 2 to 1 meaning you would need 50k of your own money to trade 1 std on the EU
"Dude????"....alright "Man"...I guess all the money these brokers are making off the retail customer must be rather bothersome to count all the time...I guess they would rather close up shop because we all know that all the institutional traders use GFT and others of the like...

mm

p.s. does'nt make a lot of financial sense to me....
He who hesitates is hesitant....which always leads to bad entries.
  • #90,071
  • Apr 28, 2009 11:21am Apr 28, 2009 11:21am
Quoting Mackeymax
"Dude????"....alright "Man"...I guess all the money these brokers are making off the retail customer must be rather bothersome to count all the time...I guess they would rather close up shop because we all know that all the institutional traders use GFT and others of the like...

mm

p.s. does'nt make a lot of financial sense to me....
i agree with mm. also, leverage is a brokers bread and butter, and the high leverage (400:1-100:1) will never go away. most of the people on here are trading with sub $5k accounts, and raising margin/lowering leverage requirement would take away too many customers.
"i wake up in the morning, and i piss excellence"
  • #90,072
  • Apr 28, 2009 11:23am Apr 28, 2009 11:23am
Quoting Bigfx
Dude they got rid of hedging obviously they have enough pull to get things done in the USA. Are you aware NFA right now is thinking of changing margin to 2 to 1 meaning you would need 50k of your own money to trade 1 std on the EU

where did you get info that gft is reason for no hedging? if you show me, i will join your cause. seriously.
"i wake up in the morning, and i piss excellence"
  • #90,073
  • Apr 28, 2009 11:28am Apr 28, 2009 11:28am
there has to be one reason for 400x leverage... I'm still studying how one could benefit from that.... what kind of system would get benefit from using 400 leverage. crazy..
  • #90,074
  • Apr 28, 2009 11:37am Apr 28, 2009 11:37am
Quoting trader69
i agree with mm. also, leverage is a brokers bread and butter, and the high leverage (400:1-100:1) will never go away. most of the people on here are trading with sub $5k accounts, and raising margin/lowering leverage requirement would take away too many customers.
Heres the NFA link--http://www.nfa.futures.org/member/newsLetter2.asp
Can find it in there
  • #90,075
  • Apr 28, 2009 11:40am Apr 28, 2009 11:40am
Now very important next 2 M30.
  • #90,076
  • Apr 28, 2009 11:46am Apr 28, 2009 11:46am
Quoting emda
there has to be one reason for 400x leverage... I'm still studying how one could benefit from that.... what kind of system would get benefit from using 400 leverage. crazy..
I saw there is a broker with 700:1 thats insane
  • #90,077
  • Apr 28, 2009 11:46am Apr 28, 2009 11:46am
What do u see now man ?, where we will reverse, I think 1.3115 is very strong to it if it relly break 1.3085

Quoting BoredToLoose
Now very important next 2 M30.
  • #90,078
  • Apr 28, 2009 11:51am Apr 28, 2009 11:51am
Can some one post a chart that u can see buy and sell levels im so lost whith the numbers ur posting as entry levels, thanks
  • #90,079
  • Apr 28, 2009 11:51am Apr 28, 2009 11:51am
Quoting Mackeymax
Homeland Security is holding on line one for you......Ha!http://www.forexfactory.com/images/icons/icon10.gif


mm
Whoa MM I lost power to my house just got on via my aircard. Big brother is trying to shut me down! HAHAH
Boycott GFT for NFA hedge rule
  • #90,080
  • Apr 28, 2009 11:52am Apr 28, 2009 11:52am
Quoting mohfaid
What do u see now man ?, where we will reverse, I think 1.3115 is very strong to it if it relly break 1.3085
Now let's see if Bear will win for today or no, they must send price to 1.3000 before day end.

All areas above 1.3096 are very strong areas for shorting and keep that shorts for more than 2/3 days.

If we keep above 1.3133 today, dump shorts.

Time to place your bets now.
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