DislikedHi dfhetrick,
I just wanted to thank you for complaining about my comments to the FF management. Now that I have received an infraction, I feel as if I have grown and that I am ready to move on and post here in a more mature manner...or not. And of course, when I said "Stop losses are for effete english fags," I was only joking. In later posts I apologized to Atlast and to the thread at-large for any offense that may have been taken at my remark.
Meanwhile, thank you for all your valuable posts here and please feel free to keep up the good...Ignored
By the way, were you the one who said stop losses were.....(well, you know)? That an overfunded account was a far better "money management" technique? Anyway, I agree......emphatically! Brokers/Central banks who are in charge of the computerized network of data feed, HUNT STOP LOSSES AT CRITICAL TIMES!!!!!!!! So, I only/rarely use them when a trade must be left running and I cannot be at the computer. Trading small size relative to account size is an impeachable technique, imho. Cudos to you if you said so!
Edit: People laugh at the thought of stop loss hunting by the brokers & banks. Have you noticed the increasing whipsawing in currency trading over this last year???????? I have my theory on that, centered on the influx of more/new hedge funds trading currency.....they have so crapped in their own back yard (US stocks) it now smells, and nobody wants to play there anymore. So they have come over here.........thank God they cannot "Naked Short" currencies, and that we can all "short" or "long" with equal ease!