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  • #152,321
  • Oct 14, 2009 1:47pm Oct 14, 2009 1:47pm
Quoting viljam
I already did demo for long time and i have played with stocks long time but forex kind of new so ..... much challenging.
yeah yeah dump all ur money i need this thing to go down coz i am still short
  • #152,322
  • Oct 14, 2009 1:48pm Oct 14, 2009 1:48pm
Quoting vinesh2
. You may have multiple winner in a row and make money consistently for a few month but it only takes one trade to wipe it out. Ihave said that over and over again in this forum.
That is what happened exactly and you are saying right things but you never listen before you actually make these mistakes.
  • #152,323
  • Oct 14, 2009 1:49pm Oct 14, 2009 1:49pm
Quoting vinesh2
I think u need to shut the machine off for a week and think about what went wrong. Come back with a plan. Market always does the unexpected. Dont keep any bias and be patient don't jump in and out. I have been telling on this forum and you can look up my posts. You may have multiple winner in a row and make money consistently for a few month but it only takes one trade to wipe it out. Ihave said that over and over again in this forum.
yeah u have said this over and over again i am the witness
  • #152,324
  • Oct 14, 2009 1:50pm Oct 14, 2009 1:50pm
Quoting viljam
I already did demo for long time and i have played with stocks long time but forex kind of new so ..... much challenging.
the problem i think is not the forex because charts working much better then stocks!
The problem is your leverage!
  • #152,325
  • Oct 14, 2009 1:53pm Oct 14, 2009 1:53pm
Chill m8, youre not alone - Its whether or not you can learn from it that counts. I lost 50% of my capital the past few days going against all the rules...

I am devising a trade & control sheet for myself, so I can make myself aware of my emotions, the situation, sentiment, patterns, volume etc...And, I will make a point of not trading unless the sheet is complete... more often than not I get caught up in fear or excitement that makes me do stupid things and forget to check a, b & c
  • #152,326
  • Oct 14, 2009 1:54pm Oct 14, 2009 1:54pm
Quoting viljam
I already did demo for long time and i have played with stocks long time but forex kind of new so ..... much challenging.

trading with real money and a demo account are two different pairs of shoes ... one did not you with a demo account .... the psyche
  • #152,327
  • Oct 14, 2009 1:54pm Oct 14, 2009 1:54pm
Quoting lenzhofer68
the problem i think is not the forex because charts working much better then stocks!
The problem is your leverage!
soon i have it all back with no worries ! The leverage is no problem i just did not fallow my first plan ... that was the problem.
  • #152,328
  • Oct 14, 2009 1:56pm Oct 14, 2009 1:56pm
Quoting viljam
ok i am calm now again and felt big loss first time sorry for bad word's here guy's. I wont go no where i wont give up yet.... i need to get there where my plan is !!!!!!!
viljam u lost money not profit.u lost ur money not just profit,there is subtle difference here i guess u understand. i think proper way to think is u lost some of ur money today and u will come back after healing urself.dont hurt urself psyc wise.good luck
Allah has permitted trade and has forbidden interest [koran]
  • #152,329
  • Oct 14, 2009 1:56pm Oct 14, 2009 1:56pm
Quoting viljam
ok closed my shorts with big minus
I actually added one more short @1.4928. Small position size though and ample enough SL.

My reasoning is that if the pair reaches the the 1.50 level, I'm expecting it to bounce back down hard and fast.
  • #152,330
  • Oct 14, 2009 2:01pm Oct 14, 2009 2:01pm
Quoting viljam
soon i have it all back with no worries ! The leverage is no problem i just did not fallow my first plan ... that was the problem.
Why did you say earlier you cant sleep
dude!

because of your charts red bar!! dude
be honest with yourself
  • #152,331
  • Oct 14, 2009 2:02pm Oct 14, 2009 2:02pm
H1 Uptrend still good, and Support sentimente going up, now support zone = 1.476 <> 1,471

After 5 hours i will post more datas.
  • #152,332
  • Oct 14, 2009 2:02pm Oct 14, 2009 2:02pm
VIX and Dollar Index both at their respective support levels. They need to hold for the dollar to have any chance. Any monthly close below those support level could be big trouble for dollar
  • #152,333
  • Oct 14, 2009 2:02pm Oct 14, 2009 2:02pm
Quoting M1g
I actually added one more short @1.4928. Small position size though and ample enough SL.

My reasoning is that if the pair reaches the the 1.50 level, I'm expecting it to bounce back down hard and fast.

Unfortunately, it is so - the market does not do what you want. A wise man once said,>> send your stupid son to the stock exchange-there still a chance of 50% !<<

take care
  • #152,334
  • Oct 14, 2009 2:05pm Oct 14, 2009 2:05pm
Quoting lenzhofer68
Why did you say earlier you cant sleep
dude!

because of your charts red bar!! dude
be honest with yourself
I sad i have't slept i had a party yesterday
Ok enough of my failure at least i told also here that i failed i can see always positive win's as i have sad earlier also but now time to start with clean sheet again!
  • #152,335
  • Oct 14, 2009 2:05pm Oct 14, 2009 2:05pm
That saying: the market tends to do whatever can screw the most amount of investors at any given moment, seems to be valid in the case of the EUR/USD.

The EUR/USD shorts are feeling it right now. Just when everyone jumps on to go long is when this monster trend will take a breather and head south lol.
  • #152,336
  • Oct 14, 2009 2:09pm Oct 14, 2009 2:09pm
Looks like round 2 is coming up soon .
You've got to be IN IT to WIN IT!
  • #152,337
  • Oct 14, 2009 2:10pm Oct 14, 2009 2:10pm
Quoting Ifty
Looks like round 2 is coming up soon .
yea
  • #152,338
  • Oct 14, 2009 2:11pm Oct 14, 2009 2:11pm
Quoting Ifty
Looks like round 2 is coming up soon .

hope so ! long @ 4902
  • #152,339
  • Oct 14, 2009 2:15pm Oct 14, 2009 2:15pm
time for liftoff
  • #152,340
  • Oct 14, 2009 2:18pm Oct 14, 2009 2:18pm
buying here, target 1.5 by tomorrow
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