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  • #189,341
  • Feb 3, 2010 7:38pm Feb 3, 2010 7:38pm
anyone spot that long pin on the H1?
  • #189,342
  • Feb 3, 2010 7:38pm Feb 3, 2010 7:38pm
Quoting smokemachine
Ok, I need to take a smoke, or I am gona explode...!!! oooouuu...., aaaaghhh....! I will make them look so bad tommorow, they have a lot of students coming there, that also want to work with them if they dont pay me back my loses, they wont see another student ever!
How much %age of your account did you risk on this trade? Sounds like it was quite a lot more than the accepted 1-2%.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #189,343
  • Feb 3, 2010 7:42pm Feb 3, 2010 7:42pm
Quoting realjumper
How much %age of your account did you risk on this trade? Sounds like it was quite a lot more than the accepted 1-2%.......
when I put stop lose I put 30 pips above the price that was at that moment! 300$ it`s about 7% of my acount...!
  • #189,344
  • Feb 3, 2010 7:47pm Feb 3, 2010 7:47pm
i think its time to take longs on it the support is 1.38439 this level will be tested divergence will occur and longs will be in sloss 30 pips target 100 pips
  • #189,345
  • Feb 3, 2010 7:49pm Feb 3, 2010 7:49pm
Quoting smokemachine
when I put stop lose I put 30 pips above the price that was at that moment! 300$ it`s about 7% of my acount...!
An account with only $10k should only trade one lot ($10.00 per pip)
  • #189,346
  • Feb 3, 2010 7:52pm Feb 3, 2010 7:52pm
Quoting smokemachine
when I put stop lose I put 30 pips above the price that was at that moment! 300$ it`s about 7% of my acount...!
Micro accounts provide flexibility in trade sizing. ($1/pip)
  • #189,347
  • Feb 3, 2010 7:55pm Feb 3, 2010 7:55pm
Quoting Bankit
An account with only $10k should only trade one lot ($10.00 per pip)
i have account with 40k$ now with 6 open trades every position 10$ per pip
  • #189,348
  • Feb 3, 2010 7:56pm Feb 3, 2010 7:56pm
I would suggest fxcm's micro accounts
Im a zombie.. "Rawr"
  • #189,349
  • Feb 3, 2010 7:56pm Feb 3, 2010 7:56pm
when i was training on demo account I never had any problems, I mede 200% profit, now when its for real I do not know whats happening , when I try to close my order it sometimes says it is busy and I have to wait until it fancies to free it`s time for me...!!! shit bags...!
  • #189,350
  • Feb 3, 2010 7:58pm Feb 3, 2010 7:58pm
Quoting smokemachine
when i was training on demo account I never had any problems, I mede 200% profit, now when its for real I do not know whats happening , when I try to close my order it sometimes says it is busy and I have to wait until it fancies to free it`s time for me...!!! shit bags...!
When I decided which broker to choose, THIS was a complete no-go criteria for me. So far, Oanda appears to be perfect for quick decisions. No problems so far. Maybe you just change?
  • #189,351
  • Feb 3, 2010 7:59pm Feb 3, 2010 7:59pm
Quoting smokemachine
when i was training on demo account I never had any problems, I mede 200% profit, now when its for real I do not know whats happening , when I try to close my order it sometimes says it is busy and I have to wait until it fancies to free it`s time for me...!!! shit bags...!
trading live is 100% different then trading demo.
And again if youre having problems like that switch brokers.
Im a zombie.. "Rawr"
  • #189,352
  • Feb 3, 2010 8:02pm Feb 3, 2010 8:02pm
First thing tomorrow I am gona go to them, and talk this out maybe I could get a refund or something, and also I would fancy swithing broker next week cous I do not want to miss the big fall on EUR/USD and fridays uneployment...!
  • #189,353
  • Feb 3, 2010 8:04pm Feb 3, 2010 8:04pm
Quoting smokemachine
First thing tomorrow I am gona go to them, and talk this out maybe I could get a refund or something, and also I would fancy swithing broker next week cous I do not want to miss the big fall on EUR/USD and fridays uneployment...!
Teletrade is bucketshop
  • #189,354
  • Feb 3, 2010 8:08pm Feb 3, 2010 8:08pm
Quoting smokemachine
First thing tomorrow I am gona go to them, and talk this out maybe I could get a refund or something, and also I would fancy swithing broker next week cous I do not want to miss the big fall on EUR/USD and fridays uneployment...!
For what it's worth....and in my humble opinion, there are a few lessons here for you to learn.

1. As has just been said, demo trading and live trading are two very different beasts.

2. Don't trade the news, trade the reaction to the news 10 minutes after the event.

3. Understand that spreads will open during news events

4. Reduce the amount of your trades so that if a trade goes bad, it won't 'devastate' your account

5. Choose a big and well respected broker
Doing what you like is Freedom. Liking what you do is Happiness.
  • #189,355
  • Feb 3, 2010 8:12pm Feb 3, 2010 8:12pm
Quoting dil
i have account with 40k$ now with 6 open trades every position 10$ per pip
That is good. And I don"t hear you crying when your down a few pips.
  • #189,356
  • Feb 3, 2010 8:12pm Feb 3, 2010 8:12pm
Quoting smokemachine
First thing tomorrow I am gona go to them, and talk this out maybe I could get a refund or something, and also I would fancy swithing broker next week cous I do not want to miss the big fall on EUR/USD and fridays uneployment...!


dude hate to burst ur bubble but arguing with a bucketshops is an exercise in futility....they wont give u a refund that is why they are a bucketshop....just withdrawal now dude dont risk losing more capital to them ESPECIALLY as volatile an event NFP is....U literally could blow up ur acct on friday soooo easily. The market will always be there, just be patient.
  • #189,357
  • Feb 3, 2010 8:13pm Feb 3, 2010 8:13pm
Was just taking a look at my weekly chart, there is a good size upper wick that has formed, of course its only Wed/Thurs and NFP is Fri so this candle could change drastically by the end of the week, but if the 200 week MA gives way 3760ish looks like a pretty good target to me, at least in the ST. Time will tell.
This is what awesome feels like
  • #189,358
  • Feb 3, 2010 8:15pm Feb 3, 2010 8:15pm
U.S. May Lose 824,000 Jobs as Employment Data Revised

Interesting
  • #189,359
  • Feb 3, 2010 8:20pm Feb 3, 2010 8:20pm
Buy order waiting patiently at 1.3677-3722....going to wait until the eager are squeezed and flushed. Also I'm to believe that the USD/CHF has unfinished business above 1.6030 ...

I know there are tons still holding positions above 1.40 that are praying to the fx God to save their accounts, for this reason Ill hold my sell order until they are flushed. Although along physiological lines, they should bail at mid-low figures so Im guessing 1.32

But...within the short term, weak shorts should be squeezed also. (There is no such thing as a free lunch)
  • #189,360
  • Feb 3, 2010 8:21pm Feb 3, 2010 8:21pm
Thank you all for your advices and help...!
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