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The College Trader

  • #1
  • First Post: Sep 16, 2009 9:52pm Sep 16, 2009 9:52pm
This is dedicated to forex traders in a university. While were paying to go to school, we might as well make some dollars.

Welcome
  • #2
  • Sep 16, 2009 10:09pm Sep 16, 2009 10:09pm
Im in mate.
  • #3
  • Sep 16, 2009 10:21pm Sep 16, 2009 10:21pm
I usually schedule mine in the later afternoon when trading volume is at a low. My classes start at 3.20 EST so I dont miss any of the New York action and I can be fully dedicated to it. Ill usually trade the London session as well.
  • #4
  • Sep 16, 2009 10:32pm Sep 16, 2009 10:32pm
There's only one reason to trade in college: beer money.
  • #5
  • Sep 16, 2009 11:01pm Sep 16, 2009 11:01pm
Quoting mfoste1
I usually schedule mine in the later afternoon when trading volume is at a low. My classes start at 3.20 EST so I dont miss any of the New York action and I can be fully dedicated to it. Ill usually trade the London session as well.
when my classes are over and im back tht time the us session is usually about to open. Are you trading live? Whats ur trading style?
  • #6
  • Sep 17, 2009 12:55am Sep 17, 2009 12:55am
I'm a college trader. Just trying to make sure I don't blow my tuition while trying to lEARN a little extra on the side
  • #7
  • Sep 17, 2009 1:24am Sep 17, 2009 1:24am
Quoting bksujal
when my classes are over and im back tht time the us session is usually about to open. Are you trading live? Whats ur trading style?

Yes i have been trading live since i was a sophomore. Now a senior, i have developed a pretty solid trading strategy. I have a longer term strategy where i trade only 1 or 2 10k lots and have bigger stops, then i have an intraday reversion strategy as well as trend following where i trade 100k or 1 standard lot and stops are 7-15 pips. On my intraday trades i usually look for 40-100 pips of profit.
  • #8
  • Sep 17, 2009 1:27am Sep 17, 2009 1:27am
Quoting GriffCo
I'm a college trader. Just trying to make sure I don't blow my tuition while trying to lEARN a little extra on the side

LOL when i first started i blew a whole semesters tuition! Then I really learned how to trade....moneys been flowing ever since. Everyone asks me where i get money from and i tell them i trade forex, and they go huh????
  • #9
  • Sep 17, 2009 11:54am Sep 17, 2009 11:54am
I think euro is due for a small retracement to around the 1.45 level based on my chart
Attached Image (click to enlarge)
Click to Enlarge Name: eushort.jpg Size: 97 KB
  • #10
  • Sep 17, 2009 1:34pm Sep 17, 2009 1:34pm
I'm enjoying university life by trading end of day. Dedicated to studying and going to class during the day, while making some good profits on larger timeframes where I don't have to worry about any intraday action I like it.
The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #11
  • Sep 17, 2009 1:50pm Sep 17, 2009 1:50pm
So where does everyone go to school?
  • #12
  • Sep 17, 2009 2:12pm Sep 17, 2009 2:12pm
college trader here lol...

i attend mcmaster university in canada
  • #13
  • Sep 17, 2009 3:19pm Sep 17, 2009 3:19pm
University of Hawaii at Manoa.

I can have a normal class schedule (8am - 3pm) if I trade the Asian to London sessions.
  • #14
  • Sep 17, 2009 4:11pm Sep 17, 2009 4:11pm
University of Augsburg, Germany
The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #15
  • Sep 17, 2009 4:28pm Sep 17, 2009 4:28pm
Kent State University, Ohio
  • #16
  • Sep 17, 2009 4:36pm Sep 17, 2009 4:36pm
for me, day trading was stressfull and time consuming , and as a result my studies suffered.

now i trade the dailies check the charts one or twice a day. no stress no worries.
just relaxed money making
  • #17
  • Sep 17, 2009 5:23pm Sep 17, 2009 5:23pm
I know it depends on psychology, MM, and strategy but I wanted to get a feel for how much people started with and what's an attainable % while dealing with classes.
  • #18
  • Sep 17, 2009 5:28pm Sep 17, 2009 5:28pm
Quoting mfoste1
I think euro is due for a small retracement to around the 1.45 level based on my chart
went long on two seperate occassions... retraces from a bull's horn.. wait for it to break the support to go short!

Look:

http://img24.imageshack.us/img24/4132/sept17th2.th.gif

http://img183.imageshack.us/img183/2...pt17th4.th.gif
lowest draw down possible please.
  • #19
  • Sep 17, 2009 6:19pm Sep 17, 2009 6:19pm
University of Ljubljana,Slovenia
this uni sucks
  • #20
  • Edited 7:57pm Sep 17, 2009 7:14pm | Edited 7:57pm
Quoting ehrek
went long on two seperate occassions... retraces from a bull's horn.. wait for it to break the support to go short!

Look:

http://img24.imageshack.us/img24/4132/sept17th2.th.gif

http://img183.imageshack.us/img183/2...pt17th4.th.gif

yea it was just an idea i had im not short right now....We might be range trading for a bit here imho
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