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 12:33pm Jun 18, 2009 12:33pm
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 12:36pm Jun 18, 2009 12:36pm
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 12:39pm Jun 18, 2009 12:39pm
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 12:44pm Jun 18, 2009 12:44pm
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 12:49pm Jun 18, 2009 12:49pm
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 12:50pm Jun 18, 2009 12:50pm
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 12:54pm Jun 18, 2009 12:54pm
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 12:54pm Jun 18, 2009 12:54pm
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 12:57pm Jun 18, 2009 12:57pm
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 12:58pm Jun 18, 2009 12:58pm
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 12:59pm Jun 18, 2009 12:59pm
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 1:01pm Jun 18, 2009 1:01pm
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 1:02pm Jun 18, 2009 1:02pm
Quoting eohater
I'm gonna talk to my brother next week about a fleet of trucks for us!
  • #16,054
  • Jun 18, 2009 1:02pm Jun 18, 2009 1:02pm
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 1:03pm Jun 18, 2009 1:03pm
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 1:04pm Jun 18, 2009 1:04pm
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 1:05pm Jun 18, 2009 1:05pm
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 1:06pm Jun 18, 2009 1:06pm
Printing money faster than Bernanke.
  • #16,059
  • Jun 18, 2009 1:07pm Jun 18, 2009 1:07pm
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 1:07pm Jun 18, 2009 1:07pm
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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