...and there can be 100 reasons more..K.I.S.S...keep it simple stupid (successfull is better)...stop the loss...trail the stop..let the profit runs and withdraw from them if you need the money....
withdraw the dam profit and enjoy 
Cable Update (GBPUSD)
- #215,681
- Apr 11, 2010 5:39am Apr 11, 2010 5:39am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
withdraw the dam profit and enjoy - #215,682
- Apr 11, 2010 5:47am Apr 11, 2010 5:47am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
I see this rules apply to everything in life. I think mistake #9 is really a great mistake
GIVE RESPECT TO GIRLS
AND THEY WILL GIVE YOU THEIR RESPECT
in short give respect if you want others to respect you.
i hope i did not say anything wrong here
withdraw from them if you need the money... mistake
- #215,684
- Apr 11, 2010 5:49am Apr 11, 2010 5:49am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Good ones & I would add to trade multiple small positions rather than one larger one .. that way you can cash out 1 or 2 at s/r levels, let the others ride, and on a long run, add back in on dips....
the dragon is coool but u have to take the heat or u get burrned to me its a long term trade lows or highs
dont u see i am high been smoking the sh;;;;;;;;;;;;;;;;;;tt for a long time long live crackforex
- #215,685
- Apr 11, 2010 5:51am Apr 11, 2010 5:51am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
..another mistake...take the profit but don't cancel your running profits..patience will pay more then fast profit taking..
- #215,686
- Apr 11, 2010 5:57am Apr 11, 2010 5:57am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
[quote=forexlion;3627224]there is one more rule in life, a very simple one
GIVE RESPECT TO GIRLS
AND THEY WILL GIVE YOU THEIR RESPECT
in short give respect if you want others to respect you.
treat the girls as a gift from god
GIVE RESPECT TO GIRLS
AND THEY WILL GIVE YOU THEIR RESPECT
in short give respect if you want others to respect you.
treat the girls as a gift from god
there is one more rule in life, a very simple one
GIVE RESPECT TO GIRLS
AND THEY WILL GIVE YOU THEIR RESPECT
in short give respect if you want others to respect you.
i hope i did not say anything wrong here
Hey! I wasn't the originator of the remixed version of "Trading Mistakes" c'mon Lion don't eat me up. I only pinpointed the line that made me laugh.Kill, I think we finally would treat ladies as a gift from God
- #215,688
- Apr 11, 2010 7:01am Apr 11, 2010 7:01am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #215,689
- Apr 11, 2010 7:11am Apr 11, 2010 7:11am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
When I joined this thread over a year ago, there were many decent traders, not posters but real traders who share their experience here. Most benefitted from the likes of gammase1, allserene, galation, abuawad, orionsway, eohater, infinity, pipland, sofia101 posting here. Most of them chose to stay away from posting here now. I can now see why.
[font=Georgia]I think I'll stop participating in this thread as well as I find very little reason to post here nor the motivation to do so. Shame to see how a particularly good thread...
good post brother, i agree with the whole e-thugging thing but I try not to get involved... In real life there aint alot of people who would normally look for trouble with me so think this has something to do with it
Thanks for all your help... You have been one of the many who have really tried to help me and BB and some of the other newbies...
See ya at the top brother!
@pawpaw1000 on Twitter
- #215,690
- Edited 8:04am Apr 11, 2010 7:28am | Edited 8:04am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
read with me
By Paul Amery
Government debt levels are out of control, but does anyone care?
According to the Bank of International Settlements, the central bankers’ central bank,
The worst basket case, working on the BIS’s central forecast, is the UK. If we continue with current policies, the British face a rise in the public debt/GDP ratio to over 500% by the year 2040, by when interest payments on existing government debt will reach nearly 30% of GDP.
The only way to stabilise the debt/GDP ratio at 2007 levels, says the BIS, would be to run a primary budget surplus of 11% over five years, 6% over ten years or 3.5% over twenty years. In fact, we’re still well in the red and heading for a primary deficit of nearly 10% in 2011.
According to UK chancellor Alastair Darling’s recent budget, public sector revenues in the 2010-11 fiscal year will be £541 billion. Expenditures will be £704 billion, a cool £163 billion more.
So for the UK to hit a target of stabilising the debt ratio over five years, expenditures would have to be cut by £217 billion (assuming constant revenues). Either that, or revenues would have to rise to £781 billion (assuming constant expenditures).
Given that most UK residents already feel taxed to the pipsqueaks (to use an old phrase), the second scenario of conjuring up an extra £240 billion in taxes seems unlikely.
On the other hand, the current pre-election controversy over cutting the public payroll by a mere £2 billion (which might mean 40,000 public sector job losses) shows that no one is talking about expenditure cuts even remotely of the scale the BIS says are necessary.
So what is going to happen?
Perhaps we can sail blithely on, interest rates remaining low, and somehow miraculously grow our way out of recession, easing fiscal pressures. This seems to be the market’s current mindset. Crisis? What crisis?
Perhaps equity market investors are making their third huge mistake in a decade, on this occasion by failing to understand the inexorable logic of debt and compound interest and the potential impact of a rise in real interest rates on public finances.
Or perhaps the UK will in the next decade or two redenominate its currency and by fiat cut monetary values, savings and debts by a factor of two, five or ten (for example), something old communist regimes used to specialise in. That might also be why equities are going up.
But it’s not hard to see why some believe that the end of the bull market in precious metals is still years away.
http://seekingalpha.com/article/1979...cle_sb_popular
http://seekingalpha.com/article/1980...e?source=email
http://seekingalpha.com/article/1980...s?source=email
By Paul Amery
Government debt levels are out of control, but does anyone care?
According to the Bank of International Settlements, the central bankers’ central bank,
The question is when markets will start putting pressure on governments, not if...in some countries, unstable debt dynamics – in which higher debt levels lead to higher interest rates, which then lead to even higher debt levels – are already clearly on the horizon.
The worst basket case, working on the BIS’s central forecast, is the UK. If we continue with current policies, the British face a rise in the public debt/GDP ratio to over 500% by the year 2040, by when interest payments on existing government debt will reach nearly 30% of GDP.
The only way to stabilise the debt/GDP ratio at 2007 levels, says the BIS, would be to run a primary budget surplus of 11% over five years, 6% over ten years or 3.5% over twenty years. In fact, we’re still well in the red and heading for a primary deficit of nearly 10% in 2011.
According to UK chancellor Alastair Darling’s recent budget, public sector revenues in the 2010-11 fiscal year will be £541 billion. Expenditures will be £704 billion, a cool £163 billion more.
So for the UK to hit a target of stabilising the debt ratio over five years, expenditures would have to be cut by £217 billion (assuming constant revenues). Either that, or revenues would have to rise to £781 billion (assuming constant expenditures).
Given that most UK residents already feel taxed to the pipsqueaks (to use an old phrase), the second scenario of conjuring up an extra £240 billion in taxes seems unlikely.
On the other hand, the current pre-election controversy over cutting the public payroll by a mere £2 billion (which might mean 40,000 public sector job losses) shows that no one is talking about expenditure cuts even remotely of the scale the BIS says are necessary.
So what is going to happen?
Perhaps we can sail blithely on, interest rates remaining low, and somehow miraculously grow our way out of recession, easing fiscal pressures. This seems to be the market’s current mindset. Crisis? What crisis?
Perhaps equity market investors are making their third huge mistake in a decade, on this occasion by failing to understand the inexorable logic of debt and compound interest and the potential impact of a rise in real interest rates on public finances.
Or perhaps the UK will in the next decade or two redenominate its currency and by fiat cut monetary values, savings and debts by a factor of two, five or ten (for example), something old communist regimes used to specialise in. That might also be why equities are going up.
But it’s not hard to see why some believe that the end of the bull market in precious metals is still years away.
http://seekingalpha.com/article/1979...cle_sb_popular
http://seekingalpha.com/article/1980...e?source=email
http://seekingalpha.com/article/1980...s?source=email
- #215,691
- Apr 11, 2010 7:39am Apr 11, 2010 7:39am
Hey wormy!
good post brother, i agree with the whole e-thugging thing but I try not to get involved... In real life there aint alot of people who would normally look for trouble with me so think this has something to do with it
Thanks for all your help... You have been one of the many who have really tried to help me and BB and some of the other newbies...
See ya at the top brother!
cya tonight fellas
ps pawpaw did you end up keeping you positions over the weekend????
- #215,692
- Apr 11, 2010 8:09am Apr 11, 2010 8:09am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #215,693
- Apr 11, 2010 8:11am Apr 11, 2010 8:11am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #215,694
- Apr 11, 2010 8:13am Apr 11, 2010 8:13am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #215,699
- Apr 11, 2010 8:54am Apr 11, 2010 8:54am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
Iiii Think we will gap down to 1.53-5320 
- #215,700
- Apr 11, 2010 9:02am Apr 11, 2010 9:02am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Iiii Think we will gap down to 1.53-5320
To be honest Mag .. something is going on . GU printed highest volume of month on 60 min on the dip to 1.5320. I bet gu gaps on Sunday , ES showing the same thing and EU daily is bullish like mad now.
Somehow think that something is cooking on the weekend,. I would NOT be holding sells on the weekend that is for sure.