Trade what you see NOT what you expect | Page 803 | Forex Factory

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Trade what you see NOT what you expect

  • #16,041
  • Jun 18, 2009 10:33am Jun 18, 2009 10:33am
Quoting cisco
Anybody still long? If you pay me enough I'll close my long. If I close it, I'll guarantee she'll head for the moon immediately!
hold on, im short
  • #16,042
  • Jun 18, 2009 10:36am Jun 18, 2009 10:36am
Quoting cisco
Anybody still long? If you pay me enough I'll close my long. If I close it, I'll guarantee she'll head for the moon immediately!
I'm still long, but covered at +100. I also have a short position open as well, not green, but not far from it.
Just digging in the trenches like everyone else!
  • #16,043
  • Jun 18, 2009 10:39am Jun 18, 2009 10:39am
Quoting FOURX
Cisco, thanks.

one more question, what% risk on trades?

cheers
On this account it's 5-10%. On my regular accounts I generally use 2-3%.

Note: I do not recommend using 5-10%. It's too risky for normal trading.
Hi, my name is Barry and you can keep your doctor...
  • #16,044
  • Jun 18, 2009 10:44am Jun 18, 2009 10:44am
Quoting cisco
On this account it's 5-10%. On my regular accounts I generally use 2-3%.

Note: I do not recommend using 5-10%. It's too risky for normal trading.
Very good MM on your regular accounts.

Now, on the gauntlet account, yes, 5-10% is to be expected and maybe more at times. Remember, as long as your base investment is secured, the rest is free money when you run the gauntlet.
Just digging in the trenches like everyone else!
  • #16,045
  • Jun 18, 2009 10:49am Jun 18, 2009 10:49am
Quoting eohater
Very good MM on your regular accounts.

Now, on the gauntlet account, yes, 5-10% is to be expected and maybe more at times. Remember, as long as your base investment is secured, the rest is free money when you run the gauntlet.
"Gauntlet Account'? I like that!
Hi, my name is Barry and you can keep your doctor...
  • #16,046
  • Jun 18, 2009 10:50am Jun 18, 2009 10:50am
Quoting cisco
"Gauntlet Account'? I like that!
that's what I call 'em. I haven't ran one in a while, but I'm getting ready to! I need a new pair of shoes!
Just digging in the trenches like everyone else!
  • #16,047
  • Jun 18, 2009 10:54am Jun 18, 2009 10:54am
Quoting eohater
that's what I call 'em. I haven't ran one in a while, but I'm getting ready to! I need a new pair of shoes!
  • #16,048
  • Jun 18, 2009 10:54am Jun 18, 2009 10:54am
Quoting eohater
that's what I call 'em. I haven't ran one in a while, but I'm getting ready to! I need a new pair of shoes!
These accounts are freebies for you to blow on whatever you want once your done with it. Not to be used for bills, not to be used for food, only to be used on something completely and utterly selfish.
Just digging in the trenches like everyone else!
  • #16,049
  • Jun 18, 2009 10:57am Jun 18, 2009 10:57am
I got on the short bus at 6388 put 20 in the bank and BE. I also took a short on the Mistress at 134.90 because the 2 like to go down at the same time.
  • #16,050
  • Jun 18, 2009 10:58am Jun 18, 2009 10:58am
Quoting eohater
I'm still long, but covered at +100. I also have a short position open as well, not green, but not far from it.
Booked some profit on my short position. How's everyone like the bearish engulfing h1 close?
Just digging in the trenches like everyone else!
  • #16,051
  • Jun 18, 2009 10:59am Jun 18, 2009 10:59am
Quoting PippiNole
I got on the short bus at 6388 put 20 in the bank and BE. I also took a short on the Mistress at 134.90 because the 2 like to go down at the same time.
Just digging in the trenches like everyone else!
  • #16,052
  • Jun 18, 2009 11:01am Jun 18, 2009 11:01am
Quoting PippiNole
I got on the short bus at 6388 put 20 in the bank and BE. I also took a short on the Mistress at 134.90 because the 2 like to go down at the same time.
I'm gonna talk to my brother next week about a fleet of trucks for us!
Just digging in the trenches like everyone else!
  • #16,053
  • Jun 18, 2009 11:02am Jun 18, 2009 11:02am
Quoting eohater
I'm gonna talk to my brother next week about a fleet of trucks for us!
  • #16,054
  • Jun 18, 2009 11:02am Jun 18, 2009 11:02am
My shorts are gonna eat my longs, only seems fairs since my longs ate my shorts earlier today.

I love this fucking game!
Just digging in the trenches like everyone else!
  • #16,055
  • Jun 18, 2009 11:03am Jun 18, 2009 11:03am
Folks, if the idea of a gauntlet account is appealing to you, then listen up.

Do Not open this account with money that you need. Treat it like money you'd waste on a nice vacation or a gambling trip to Vegas. Expect the money to be gone. Then if you lose, it won't upset you.
Hi, my name is Barry and you can keep your doctor...
  • #16,056
  • Jun 18, 2009 11:04am Jun 18, 2009 11:04am
Quoting cisco
Folks, if the idea of a gauntlet account is appealing to you, then listen up.

DO NOT open this account with money that you need. Treat it like money you'd waste on a nice vacation or a gambling trip to Vegas. Expect the money to be gone. Then if you lose, it won't upset you.
I ENDORSE THAT 100%
Just digging in the trenches like everyone else!
  • #16,057
  • Jun 18, 2009 11:05am Jun 18, 2009 11:05am
Took more profit at 20, the rest will go to the bottom of hell hopefully!
Just digging in the trenches like everyone else!
  • #16,058
  • Jun 18, 2009 11:06am Jun 18, 2009 11:06am
Printing money faster than Bernanke.
  • #16,059
  • Jun 18, 2009 11:07am Jun 18, 2009 11:07am
Quoting PippiNole
Printing money faster than Geithner.


Yeah! And we don't even have to rent out one of our homes...
Just digging in the trenches like everyone else!
  • #16,060
  • Jun 18, 2009 11:07am Jun 18, 2009 11:07am
Damn...this bitch is going down faster than Linda Lovelace in 'Deep Throat.'
Hi, my name is Barry and you can keep your doctor...
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