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  • #134,501
  • Aug 24, 2009 3:01pm Aug 24, 2009 3:01pm
Quoting TheFisherman
If I'd have to make a pick at a car is Skoda Octavia (the old version). I owned that car and I loved it. Now it's close to 10K euro is IMHO beats everything on the market: space, resistance, fuel consumption, maintenance price.
Had my money, tell you
What I'd do....
Go downtown and buy a
Skoda Octavia or two...
Yes I'm crazy 'bout my Skoda
Cruise up and down all night long...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,502
  • Aug 24, 2009 3:01pm Aug 24, 2009 3:01pm
i am new to forex and i opened my first 1k account a week ago.. i started trading on my real account yesterday and i allready lost 250$ only bc i wasnt pation and i didnt follow the trend.. well i am asking you all if there is any way i can make those lost 250$ back or i should make a new deposit and start again.. thank you for any help. cheers
Pation is the Holy Grail
  • #134,503
  • Aug 24, 2009 3:06pm Aug 24, 2009 3:06pm
Quoting CzechTrade
i am new to forex and i opened my first 1k account a week ago.. i started trading on my real account yesterday and i allready lost 250$ only bc i wasnt pation and i didnt follow the trend.. well i am asking you all if there is any way i can make those lost 250$ back or i should make a new deposit and start again.. thank you for any help. cheers
First of all, take a break. I'm not sure I'm getting your point about getting the money back or make a new deposit but after burning an account you should take a long break or you'll lose more.
  • #134,504
  • Aug 24, 2009 3:07pm Aug 24, 2009 3:07pm
Quoting CzechTrade
i am new to forex and i opened my first 1k account a week ago.. i started trading on my real account yesterday and i allready lost 250$ only bc i wasnt pation and i didnt follow the trend.. well i am asking you all if there is any way i can make those lost 250$ back or i should make a new deposit and start again.. thank you for any help. cheers
go to baby pips...and you risked to much... find a broker with micro lots if your dont have them... since you new sl should never be more the .5% of your account. use a demo account untill your good at this.. and in a few months you may be able to trade real money... a trend means nothing without proper entry..
those who can, do. those who cant, talk about those who can
  • #134,505
  • Aug 24, 2009 3:08pm Aug 24, 2009 3:08pm
Quoting The Fool
Had my money, tell you
What I'd do....
Go downtown and buy a
Skoda Octavia or two...
Yes I'm crazy 'bout my Skoda
Cruise up and down all night long...
I hear you man. A Skoda Octavia Tour black diesel 1.9 PDI, plenty of options (cruise control compulsory) would be like a new wife (shht don't tell my wife).
  • #134,506
  • Aug 24, 2009 3:08pm Aug 24, 2009 3:08pm
Quoting CzechTrade
i am new to forex and i opened my first 1k account a week ago.. i started trading on my real account yesterday and i allready lost 250$ only bc i wasnt pation and i didnt follow the trend.. well i am asking you all if there is any way i can make those lost 250$ back or i should make a new deposit and start again.. thank you for any help. cheers
Read up on money management and position sizing. With a $1k account you should be trading in the sub-minilot range. Also, the best trade is often no trade at all, especially if you don't know what you are doing. Free to demo-trade, though.

Good luck.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,507
  • Aug 24, 2009 3:17pm Aug 24, 2009 3:17pm
Quoting CzechTrade
i am new to forex and i opened my first 1k account a week ago.. i started trading on my real account yesterday and i allready lost 250$ only bc i wasnt pation and i didnt follow the trend.. well i am asking you all if there is any way i can make those lost 250$ back or i should make a new deposit and start again.. thank you for any help. cheers
1)Use good Money Management. With 750$, Especially since your new, you should trade for 30-50 cents a point(or even less). When your position is too large in relation to your bankroll it affects your trading psychology and forces you to make bad decisions. You need to be able to look at it and not be too worried if a position moves against you 40 to 50 points.

2)Define your strategy and your rules for entry and exit. Get yourself buying just above support and selling just below resistance in the direction you feel the trend is heading. Correct entry is very important. Define your Stop Loss and your Take Profit goals on every trade.

3)Don't rush to grab an opportunity before you are prepared. Never rush a trade. More always come, thats the free part.

4)Try reading up on Pivot Point trading. Its simple and it works.

Best of Luck to you. A bunch of people might tell you to trade demo and withdraw the rest of your funds until you can beat demo. Thats not a bad idea either. Or you can trade nano for practice, like a penny a point.
  • #134,508
  • Aug 24, 2009 3:43pm Aug 24, 2009 3:43pm
Quoting TheLastCoke
This SUV ( Great Wall, Hover) gives you the same comfort and a better waranty than a Toyota Fortuner for 1/3 of its price.

(Owned one)
But I Always Prefer My American Traditional One !
(even it would be expensive)
Attached Image (click to enlarge)
Click to Enlarge Name: My Mustang.jpg Size: 152 KB
  • #134,509
  • Aug 24, 2009 3:46pm Aug 24, 2009 3:46pm
Quoting Hasnaa
But I Always Prefer My American Traditional One !
(even it would be expensive)
Dont forget some extra pips for gas!!!
  • #134,510
  • Aug 24, 2009 3:47pm Aug 24, 2009 3:47pm
Quoting CzechTrade
i am new to forex and i opened my first 1k account a week ago.. i started trading on my real account yesterday and i allready lost 250$ only bc i wasnt pation and i didnt follow the trend.. well i am asking you all if there is any way i can make those lost 250$ back or i should make a new deposit and start again.. thank you for any help. cheers

This is really simple (but never easy). Go back to the daily chart. Slow Down.

Buy the green (up) candles, sell the red (down) candles.
Don't buy the pair if the Daily candle is red. Just don't do it.

Try to sell a pair that's opened under or broken under it's daily pivot.
Make sure the candle is red. The daily, not the 5 minute.

Llikewise, be on the buy side if prices are above DP and the day is up.

You will still lose some of your trades.

7% is too much. 25% in one day is too much. Use a smaller stop than either of these.
http://www.forexfactory.com/showpost...stcount=134406

I'm an asshole. Anybody who knows me here will tell you so.
I say things that upset people.......sometimes they laugh...

I'm not trying to upset you. You can't do this yet. You need to study.

If you came back tomorrow and doubled your account, you'd be in worse shape than now.
If you don't know why, then it's even worse than that.

Best advice: SLOW DOWN. This takes years.

I'll bet $750 against your remaining $750 that you won't listen.
Again, I'm not trying to upset you. I'm quoting from statistics and experience.

Please prove me wrong. If you will, in a few months all of us here will be sharing trades together
and you'll still be involved and helping others and maybe scoring a few winners.

AND, I'll still be an asshole......

I sincerely do wish you the best. All joking aside. Be tough. Stay focused. AND SLOW DOWN.
  • #134,511
  • Aug 24, 2009 3:48pm Aug 24, 2009 3:48pm
Quoting VinzZ
Logan? You are from Romania!
Logan? The noob guy
  • #134,512
  • Aug 24, 2009 3:52pm Aug 24, 2009 3:52pm
Quoting TheLastCoke
Dont forget some extra pips for gas!!!
No Problem !
I don't Care at all !
I Will pay !
When U like SomeThing U Must Pay & Spend More...
  • #134,513
  • Aug 24, 2009 3:56pm Aug 24, 2009 3:56pm
Quoting Hasnaa
No Problem !
I don't Care at all !
I Will pay !
When U like SomeThing U Must Pay & Spend More...
My kind of girl!!!
Are you single?
LOL
  • #134,514
  • Aug 24, 2009 4:01pm Aug 24, 2009 4:01pm
Shopping Tool EUR / USD on Friday was trading very «nervously and pulled». So with the opening of Asia was not yet clear in what «mood» is a tool. However, a few hours before the opening of the European pair have proved, showing the growth to the level of 1.4375. However, the sharp drop «upset» all plans of the bulls in the second half of the trading day. Pare did not succeed until the end of the trading week to update the maximum. Summarizing it must be said that the couple regularly increased by 69p. Volatility is, in turn, was 167p. Open/Close-1.4246/1.4325. High/Low-1.4375/1.4208.

In the short term at the moment you can see a downward trend. This is evidenced by the location of lines and FTLM STLM. And the location of the middle line of the indicator RBCI, which is currently looking into a bearish direction. Channels again increasing, which could once again talk about increasing volatility.

Conclusion: At the moment obviously is open short positions.

Tips: You can buy above 1.4370, to sell - below 1.4270 (data recommendations - this is my personal opinion, and they do not lead to action ... for the actions taken by the trader according to the recommendations, the analyst is not responsible).

In the medium-term vision of the market until the trend is likely downward. This tells us the location of lines and FTLM STLM, as well as the middle line of the indicator RBCI, which is confident in a bearish direction. Narrow channels RBCI, talk about reducing volatility.

Conclusion: At the moment, you can open short positions.

Tips: You can buy above 1.4285, to sell - below 1.4190 (data recommendations - this is my personal opinion, and they do not lead to action ... for the actions taken by the trader according to the recommendations, the analyst is not responsible).

Support and Resistance in the extremes of the past three days, the trend lines.

In the long-term trend indicators signal the downward trend. Chat on RBCI2 broad enough to trade on the entrance to one of the streams midline indicator. That's why long-term positions and open the door to the middle line in one of the streams, or slightly earlier, at the intersection of its zero point, and preferably in a bearish direction.

Conclusion: It is advisable to trade in a bearish direction.

Tips: You can buy above 1.4285, to sell - below 1.4190 (data recommendations - this is my personal opinion, and they do not lead to action ... for the actions taken by the trader according to the recommendations, the analyst is not responsible).

Support and Resistance in the trend lines, Fibo levels of interest and the extremes of the past three weeks.
  • #134,515
  • Aug 24, 2009 4:05pm Aug 24, 2009 4:05pm
Quoting TheLastCoke
My kind of girl!!!
Are you single?
LOL
Yes I am
But
U
Seem
To
Be
A
Gay !
so , All U need is a Black Tall guy not me....
  • #134,516
  • Aug 24, 2009 4:09pm Aug 24, 2009 4:09pm
I heard on the show 'Fast money' on CNBC one of the guys just say 'traders are scalping'......lol. Our secret is out!!!! Run for the hills!
  • #134,517
  • Aug 24, 2009 4:09pm Aug 24, 2009 4:09pm
Quoting Hasnaa
Yes I am
But
U
Seem
To
Be
A
[i][FONT=Times...
You are stealing my heart!!!!
  • #134,518
  • Aug 24, 2009 4:31pm Aug 24, 2009 4:31pm
Next to this hourly chart, I posted several daily ones under news
Attached Image (click to enlarge)
Click to Enlarge Name: 20090824eurH1.gif Size: 39 KB
  • #134,519
  • Aug 24, 2009 4:42pm Aug 24, 2009 4:42pm
Thanks to yall guys.. i am just going to take a rest and open new demo account.. btw i ve been allready trading demo account for half a year
Pation is the Holy Grail
  • #134,520
  • Aug 24, 2009 5:20pm Aug 24, 2009 5:20pm
.4285 proving to be a bit of a sticky wicket. Maybe Tokyo will push down on it if there's some downside follow through from US to Asian stocks. Just a little wicket grease to ease a move below .4250, that's all we need.
"If The Fool persists in his Folly he will become wise." - William Blake
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