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  • #330,581
  • Nov 22, 2010 6:30pm Nov 22, 2010 6:30pm
Quoting lasty
when punters are talking about.. "Made 300 pips"... Are they talking about against certain lot size,are they doing this against the lowest denomination of amount or just purely market movement?
ask for some kind of confirmation.

like... can you show me your chart... if you trade on your chart?

or just the PIPs from your live account?

most here talk out their starfish.

stan
  • #330,582
  • Nov 22, 2010 6:31pm Nov 22, 2010 6:31pm
Quoting AdrianHNV
That's the best laugh I've had all day................

Most here are either too young to be at work yet or too old to be bothered to actually work
LOL, yeah...
  • #330,583
  • Nov 22, 2010 6:32pm Nov 22, 2010 6:32pm
Quoting druckenmillr
head to a job board and search the job you are looking for.

look at what employers are "wishing for"

it's a good start.

stan
Oh yes there is an open position here at Sumitomo Bank but my background is civil engineering
  • #330,584
  • Nov 22, 2010 6:33pm Nov 22, 2010 6:33pm
Quoting druckenmillr
ask for some kind of confirmation.

like... can you show me your chart... if you trade on your chart?

or just the PIPs from your live account?

most here talk out their starfish.

stan
yea just like the guy yesterday who was saying he traded more than 500k with fxdd
  • #330,585
  • Nov 22, 2010 6:33pm Nov 22, 2010 6:33pm
Quoting mfoste1
most of the people that say made 300 pip are trading a demo....however, on a live account doesnt matter how much pip value you are trading. For example, today i made 100 pips trading $1/pip, thats the same as my buddy who made 100 pips trading at $10/pip, he just made more money. IMO pips made is how I would judge a trader, not by the amount of money he makes.
most fund dudes and bank traders talk in %/gain month over month.

stan
  • #330,586
  • Nov 22, 2010 6:33pm Nov 22, 2010 6:33pm
Quoting mercy seat
First entry at 1.358902 done ...
First round-turn done at 1.361141 (schon mal 20 pips im Körbchen) ... dann schnell in den Long-Short-Mixer gesteckt ...

Short 1.361141 ... reversed at 1.360700 ... again 7 pips in basket ... with second action ...

Overall long again ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #330,587
  • Nov 22, 2010 6:34pm Nov 22, 2010 6:34pm
Quoting mfoste1
dont worry about the amount of money youre making....focus solely on the pips made. Dont overleverage yourself just to try to make more money. If you are consistently making pips on a smaller financial scale, naturally, the larger money to be made will follow...dont rush it. MM is everything....for example this month Ive had a lot more losing trades than winners, but im still positive on the month due to proper position sizing and MM.

Which currency pair would you recommended for someone new?
We're all stories in the end. Just try to make it a good one.
  • #330,588
  • Nov 22, 2010 6:35pm Nov 22, 2010 6:35pm
Quoting druckenmillr
most fund dudes and bank traders talk in %/gain month over month.

stan

yea i was just relating my answer to the guys question
  • #330,589
  • Nov 22, 2010 6:37pm Nov 22, 2010 6:37pm
Quoting b4rhep
Something tells me it will go up...
i hope brother...because the same thing is tilling me it must go up since 3 weeks!!!
what you get in the wind goes through the storms
  • #330,590
  • Nov 22, 2010 6:38pm Nov 22, 2010 6:38pm
Quoting mfoste1
yea just like the guy yesterday who was saying he traded more than 500k with fxdd
who the hell would be dumb enough to keep 500K in an fxdd acct? I would rather go with dbfx or some big bank lol. I use fxdd only till I build up my acct then I am outta here.
Know when to hold em, Know when to fold em!
  • #330,591
  • Nov 22, 2010 6:38pm Nov 22, 2010 6:38pm
Quoting mfoste1
yea just like the guy yesterday who was saying he traded more than 500k with fxdd
don't make snag it my demo account... i'm trading over 10 million there.

  • #330,592
  • Nov 22, 2010 6:38pm Nov 22, 2010 6:38pm
Quoting Traderji
Which currency pair would you recommended for someone new?

probably eur/usd, usd/chf, aud/usd, nzd/usd
  • #330,593
  • Nov 22, 2010 6:39pm Nov 22, 2010 6:39pm
Quoting mfoste1
yea i was just relating my answer to the guys question
i wasn't speaking negatively of your post.

just wanted to throw in my 1/2 cent.
  • #330,594
  • Nov 22, 2010 6:39pm Nov 22, 2010 6:39pm
Quoting mercy seat
First round-turn done at 1.361141 (schon mal 20 pips im Körbchen) ... dann schnell in den Long-Short-Mixer gesteckt ...

Short 1.361141 ... reversed at 1.360700 ... again 7 pips in basket ... with second action ...

Overall long again ...
Do you use mostly PA Mercy?
  • #330,595
  • Nov 22, 2010 6:39pm Nov 22, 2010 6:39pm
Quoting druckenmillr
don't make snag it my demo account... i'm trading over 10 million there.


yea maybe he traded demo dollars....10 million?!
  • #330,596
  • Nov 22, 2010 6:41pm Nov 22, 2010 6:41pm
Quoting goods
who the hell would be dumb enough to keep 500K in an fxdd acct? I would rather go with dbfx or some big bank lol. I use fxdd only till I build up my acct then I am outta here.
very good point.

stan
  • #330,597
  • Nov 22, 2010 6:43pm Nov 22, 2010 6:43pm
Quoting gatorinla
3333 then 2931 then____________ then______________ then 0.858 then 0.7770... then war then 0.. give or take a handfull.

I'm not yet (YET) convinced the world will head down that path. If the US in the next 2 or 3 years will change course and use its own energy resources, we may yet see a better outcome That doesn't mean I expect it but it would be nice.

I hate this pessimistic sh*t ............ but its the world we live in.
  • #330,598
  • Nov 22, 2010 6:44pm Nov 22, 2010 6:44pm
Quoting Traderji
Which currency pair would you recommended for someone new?
Defo majors. EurUsd usually has lowest spreads. Cable VERY popular and possibly more volatile (which is a good thing). I only trade EurUsd currently though and this has been the case for sometime. I must say the fact that you are asking that question suggests to me you're not quite ready to trade proper just yet. Anyway, back test, demo, hone and create your own system and follow it. Make stupid mistakes over and over like we all did and then profit immensly. It is the best business in the worl and I wish you all the best with it.
  • #330,599
  • Nov 22, 2010 6:46pm Nov 22, 2010 6:46pm
Quoting cloggie
A clean break will get me to 3423. Below 3550 and we can forget about 1.40 for a while here. Interesting roll over this one. Am looking forward to London tomorrow. Letting TY do its thing for a good setup on Franky.
orite. 423 is very possible, but I'm being conservative on the targets. Apart from that break, I have 475 since it's my major from the previous setup & the W1 pvp support being @503.
I'm ruling out 1.4 completely for a day or two. My D1 closed a huge engulfer, those usually are biggies.
Thank You
  • #330,600
  • Nov 22, 2010 6:47pm Nov 22, 2010 6:47pm
Quoting kuroro001
I have my intraday short taken at 1,3730 like you which is still in play...i might get rid of it very soon...
And i have 2 small shorts....
Just woke up...see my 1,3600 was targeted...good start of the week.
It bounced off 1,3580 but it was weak. I am expecting more downside until a strong bounce appears during London.
I will wait Frankie now to get a new intraday trade.
COT: The precious data ignored
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