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  • #117,501
  • Jul 2, 2009 8:08pm Jul 2, 2009 8:08pm
Quoting FX-Petra
Sorry, but FX market is stop hunt heaven....

It's better to have a small say $200 account wiped out 10x's than it is to have a $100K account wiped out once

The 100K account holder is obviously greedy, why else would you put 100K at risk, so he'll be trading to his account max pretty quickly just like a $200 trader.

And you can lose 100K in the same time as $200.


I've known a few people blow 100K ( Real life know ) quicker than I'd blow a $200 account, seriously, it's just sickening, 1 was just having a mess around, bought 1 stock all in and it kept going down, then delisted £108 to 4p LOL



Don't believe the myth's that try to stop people learning on small accounts, cause most of them eventually crack it and make money, where as the 100K crowd, lose there money, lose interest and never get it back.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #117,502
  • Jul 2, 2009 8:18pm Jul 2, 2009 8:18pm
[quote=Turveyd;2847335]It's better to have a small say $200 account wiped out 10x's than it is to have a $100K account wiped out once

The 100K account holder is obviously greedy, why else would you put 100K at risk, so he'll be trading to his account max pretty quickly just like a $200 trader.

And you can lose 100K in the same time as $200.


I've known a few people blow 100K ( Real life know ) quicker than I'd blow a $200 account, seriously, it's just sickening, 1 was just having a mess around, bought 1 stock all in and it kept going down, then delisted £108 to 4p LOL


I understand what you are saying, but the amount in your account is really irrelevant. If you trade against the market movers, you will be eliminated 200 or 100,000...it makes no difference. Once a trader figures out how to stay out of a fight with the heavy weights, he can start to show a little consistent profit. I hope and pray that I have finally figured that out.
  • #117,503
  • Jul 2, 2009 8:21pm Jul 2, 2009 8:21pm
Quoting ak4x
Heads up... this guy is posting the same mssg as above in many of the most frequent or regular posters "Personal Profile" pages on several threads... Sort of a tacky thing to do imo.

Profile page and PM spamming is currently a very big problem atm in FF consuming a lot of admin resources. You can go in and delete it if you like. The current message is not technically a violation as it doesn't have a commercial link in it, but that has been coming later later in some cases as the mssg remains editable.

You have to click on your username in...
and yo missed all the fun.. more to come stay tuned..on this channel
those who can, do. those who cant, talk about those who can
  • #117,504
  • Jul 2, 2009 8:22pm Jul 2, 2009 8:22pm
[quote=FX-Petra;2847357]
Quoting Turveyd
It's better to have a small say $200 account wiped out 10x's than it is to have a $100K account wiped out once

The 100K account holder is obviously greedy, why else would you put 100K at risk, so he'll be trading to his account max pretty quickly just like a $200 trader.

And you can lose 100K in the same time as $200.


I've known a few people blow 100K ( Real life know ) quicker than I'd blow a $200 account, seriously, it's just sickening, 1 was just having a mess around, bought 1 stock all in and it kept going down,...
no comment
those who can, do. those who cant, talk about those who can
  • #117,505
  • Jul 2, 2009 8:22pm Jul 2, 2009 8:22pm
Correct Petra go to the top of the class


So it's not the size of the account thats relevant, it's being able to trade.


Learn with a small sacrifical account top up as required and there is no need to have a account bigger than say 10K with cash in reserve to add for really bad days.

That keeps your risk to a Max of 10K

Easy!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #117,506
  • Jul 2, 2009 8:24pm Jul 2, 2009 8:24pm
hey m stuck at 1.4135 ....any one plz tell me . how long its take to go back up ......any idea plz help guys
  • #117,507
  • Jul 2, 2009 8:27pm Jul 2, 2009 8:27pm
Quoting lucky ahmed
hey m stuck at 1.4135 ....any one plz tell me . how long its take to go back up ......any idea plz help guys
more then likely not.. buy uc more then equal amount is an option.. or just cut your loss
those who can, do. those who cant, talk about those who can
  • #117,508
  • Jul 2, 2009 8:35pm Jul 2, 2009 8:35pm
hmmmmmm means still downside expected .......... any partucular rang 4 today
  • #117,509
  • Jul 2, 2009 8:36pm Jul 2, 2009 8:36pm
[quote=FX-Petra;2847357]
Quoting Turveyd
It's better to have a small say $200 account wiped out 10x's than it is to have a $100K account wiped out once

The 100K account holder is obviously greedy, why else would you put 100K at risk, so he'll be trading to his account max pretty quickly just like a $200 trader.

And you can lose 100K in the same time as $200.


I've known a few people blow 100K ( Real life know ) quicker than I'd blow a $200 account, seriously, it's just sickening, 1 was just having a mess around, bought 1 stock all in and it kept going down,...
I'll pray with and for you. And look forward to your continued posting for whatever can be gleened from it. God Bless our fight against Big Money.
  • #117,510
  • Jul 2, 2009 8:38pm Jul 2, 2009 8:38pm
now, oil is down s & P is down..

asian is down..

CBOE SPX VOLATILITY INDX is up...

job data bad...


all this seems to be favoring the flight to safety
  • #117,511
  • Jul 2, 2009 8:47pm Jul 2, 2009 8:47pm
Quoting lucky ahmed
hey m stuck at 1.4135 ....any one plz tell me . how long its take to go back up ......any idea plz help guys
No stop loss?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #117,512
  • Jul 2, 2009 8:49pm Jul 2, 2009 8:49pm
Quoting realjumper
No stop loss?

With a SL, he might of already of taken a loss and then taken another 10 losses since

This good odds the market will chop back to a profitable level.


Ofcourse sooner or later it won't and he'll be margin called and wiped out.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #117,513
  • Jul 2, 2009 8:51pm Jul 2, 2009 8:51pm
I got this new strategy its gotta work here goes. Whatever i pick you take the opposite because i aint doing nothing but losing.


lol
  • #117,514
  • Jul 2, 2009 8:54pm Jul 2, 2009 8:54pm
Quoting suprkik
I got this new strategy its gotta work here goes. Whatever i pick you take the opposite because i aint doing nothing but losing.


lol

Sweet keeping doing it at $1 per pip, I'll do your reverse trades at $10 per pip and pay you $3 so $2 profit per pip made from your system.

That way we both get rich.

Yes I've seriously considered doing above.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #117,515
  • Jul 2, 2009 8:55pm Jul 2, 2009 8:55pm
Quoting Turveyd
With a SL, he might of already of taken a loss and then taken another 10 losses since

This good odds the market will chop back to a profitable level.


Ofcourse sooner or later it won't and he'll be margin called and wiped out.
Gosh, you paint such a ROSEY picture.......! But, yes.....go to the well too many times and you fall in.
  • #117,516
  • Jul 2, 2009 9:00pm Jul 2, 2009 9:00pm
Its just so gay sometimes, no matter which way i go, it goes the opposite , but i got large amount of patience, just a small amount of money so....
  • #117,517
  • Jul 2, 2009 9:01pm Jul 2, 2009 9:01pm
Finally, getting upside high relative volume.....
Whole number and "Open" price on the horizon.
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  • #117,518
  • Jul 2, 2009 9:04pm Jul 2, 2009 9:04pm
Quoting suprkik
Its just so gay sometimes, no matter which way i go, it goes the opposite , but i got large amount of patience, just a small amount of money so....

Atleast with a small amount of money your only losing a small amount of money, if you had a large amount of money I assure you, you'd be losing a large amount of money so don't complain.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #117,519
  • Jul 2, 2009 9:04pm Jul 2, 2009 9:04pm
Anyone think shorts at 4020 might be reasonable?
  • #117,520
  • Jul 2, 2009 9:06pm Jul 2, 2009 9:06pm
Quoting Turveyd
Atleast with a small amount of money your only losing a small amount of money, if you had a large amount of money I assure you, you'd be losing a large amount of money so don't complain.
Turveyd, you have a talent.....you sure know how to paint a rosey picture......with an axe!
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