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  • #421,841
  • Apr 14, 2011 4:33pm Apr 14, 2011 4:33pm
magix you seen fibbinarchie lately? wondering how hes doing
  • #421,842
  • Apr 14, 2011 4:34pm Apr 14, 2011 4:34pm
Quoting Magix
6-8 weeks more of this one hand typing shit...

Ugh...

But thanks for asking...
Fak me...you really did a number!

Blower should be parked up for the year, though, yeah? Or are you north?

Mind yerself!
  • #421,843
  • Apr 14, 2011 4:35pm Apr 14, 2011 4:35pm
Quoting pipnapper
whats your problem? Relax dude !!!

I just asked how other would make the best out of it. There are always a million ways to make the best out of it, when you messed it up.

I did mess it up, yes and asked for other opinions. Whats wrong with that? That what a Message Board is made for.
No issues with you dude...

Asking questions, making mistakes...hey we all been there...

My issue is adding poor advice to an already bad situation...

If and when you ever decide that you may want out of a world of trading micro/mini lots, all of these bad habits will come back to bite you hard...

Learn from your mistakes. Cut your losses...

Move on.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,844
  • Apr 14, 2011 4:36pm Apr 14, 2011 4:36pm
Quoting paul1
Ahh well if you go to bed ,its up to the gods ,good luck .
Unfortunately yes, but I can not work 24 hours a day. Been in front of the monitor for the last 15 hours.
  • #421,845
  • Apr 14, 2011 4:37pm Apr 14, 2011 4:37pm
Quoting fldash
magix you seen fibbinarchie lately? wondering how hes doing
Only in PMs...

Been trying to get him into an IVOC chart chat, but he was having some issues...

He is working with some new tools and trying to make the most of his time. Capitalizing on fast charts requires a lot more attention, a lot less time for chatter...

I would imagine he is around...drop him a line...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,846
  • Apr 14, 2011 4:38pm Apr 14, 2011 4:38pm
Quoting kenfen69
Fak me...you really did a number!

Blower should be parked up for the year, though, yeah? Or are you north?

Mind yerself!
We got 6-8 inches this morning....Calgary.

Wife said she would beat me senseless if I even thought about pulling the snow blower out today...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,847
  • Apr 14, 2011 4:40pm Apr 14, 2011 4:40pm
Quoting neo1599
Hey

Read a few of your posts regarding this Short position.

Stop reading this thread for any advice regarding your trade. People were "Lets go SHORT now" all day today, targets of 4250 were being touted.

Just put your loss down to a Lesson which has been paid for. Remember not to repeat the mistake. Forex lessons aren't cheap

The 15% will come back just DONT REPEAT THE MISTAKE.
totally agree, thanks.
  • #421,848
  • Apr 14, 2011 4:43pm Apr 14, 2011 4:43pm
Quoting pipnapper
My Account survived for the last 18 months. Made 200% over the last 6 months.
that is pretty nice result
so how much % do u risk at the trade ?

i am just very curious how far people here are overlevereged,
when 100 or 200 pips move cause panic
150 pips is just 5 bad trades ( when u use 30 SL ) in a row which may happen easily to everyone.
i usually use more then 50 SL sometimes 100.
recently i have been using smaller SL and moving SL at BE after 30/50 but it completely doesn't work for me.

anyway MM should be the first thing to start with for anyone new in this business. with proper MM anyone can stay in the business for more then a year or 2 and i think 2 years is enough do learn how to trade a bit
  • #421,849
  • Apr 14, 2011 4:46pm Apr 14, 2011 4:46pm
I like this forum. Its just nice to be surrounded by people who have an interest in the same thing I do. Right or wrong, good advice or bad advice, i dont care. As long as I get to read and write about forex I dont care.

I probably wouldnt take anyones advice serious on here unless I spent alot more time on the forum and got to know certain people more intricately. I cant say im a great, good or bad trader. Honestly, I've been demo trading for 2 years now. I've been able to make a consistant 600 pips a month on the demo. I started with $1k a week ago and i was down to $940 and now im up to $1040. Big difference between demo and live. I'll have it down. My problem was getting in too soon because im EAGER to make the money. I just have to relax and let the market come to me. Reading this forum and participating will help me pass the time and be more patient.

Thanks in advance. =)
  • #421,850
  • Apr 14, 2011 4:48pm Apr 14, 2011 4:48pm
Quoting Magix
We got 6-8 inches this morning....Calgary.

Wife said she would beat me senseless if I even thought about pulling the snow blower out today...

Jaysus...still snowing? Haven't seen some for a while now in Toronto...thank fak!

Do NOT lose that other hand. Good friend of mine once broke both arms...drunk...forgot his keys. Thought he could get in a window from his deck...ooooops! His wife had to do a lot of very unpleasant things for him for six weeks. They were divorced a year later! Obviously other things involved, but we always bug the shite (no pun intended) out of him that that was it!

Poor fakker.
  • #421,851
  • Apr 14, 2011 4:55pm Apr 14, 2011 4:55pm
hey junkies

nice day to fuck up accounts hope u are fucked and in green
  • #421,852
  • Apr 14, 2011 4:57pm Apr 14, 2011 4:57pm
SL is 1% above or below entry.

Lets say I would go short at 1.45 and SL is at 4520, I would trade the amount that 20 Pips = 1% Account value.

My SL is usually just 10-30 Pips. Depends on the Market.
  • #421,853
  • Apr 14, 2011 4:58pm Apr 14, 2011 4:58pm
Quoting thorr
that is pretty nice result
Read not only what is in print, but also the true meaning of what is being said.

Made 200% in 6 months...what did he make before?

If he started with $1000
Made 200%, he would have $3000...

This trade he stands to lose 15%, which would be $450, or 45% of his initial investment.

You really want to try and work this logic out for standard lots?

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #421,854
  • Apr 14, 2011 5:02pm Apr 14, 2011 5:02pm
Quoting kill56
hey junkies

nice day to fuck up accounts hope u are fucked and in green
Now that's what I call an entrance!
  • #421,855
  • Apr 14, 2011 5:08pm Apr 14, 2011 5:08pm
Quoting Magix
Read not only what is in print, but also the true meaning of what is being said.

Made 200% in 6 months...what did he make before?

If he started with $1000
Made 200%, he would have $3000...

This trade he stands to lose 15%, which would be $450, or 45% of his initial investment.

You really want to try and work this logic out for standard lots?

I have 10000 Euros in my Account, and I take all profits out of it once a month. I always start the month with 10000.
So yes, I've made 18000 since November 2010 (about 30% a month)
This Morning I had 11000 in my Account (10% plus this month so far).
I will lose 1600 today if 4530 gets hit.
  • #421,856
  • Apr 14, 2011 5:10pm Apr 14, 2011 5:10pm
Quoting pipnapper
whats your problem? Relax dude !!!

I just asked how other would make the best out of it. There are always a million ways to make the best out of it, when you messed it up.

I did mess it up, yes and asked for other opinions. Whats wrong with that? That what a Message Board is made for.
The biggest issue here, is that you

1) messed it up.
2) Luck was not on your side, and did not give you a get out of jail free card.

So why is the order still open?

Yesterday, I accidently bought euro instead of the yen at one point. As soon as I realized what I had done, I moved over to the euro chart.

I was lucky enough that I just happened to open it in a demand zone. I set my stops and let it play out.

If it wasn't in a demand zone, it would have been closed right on the spot because I knew it was not right.


One of the hardest things to do in this world, and ironically the one that keeps you in the game... is the ability to take a loss when you are wrong.
  • #421,857
  • Apr 14, 2011 5:13pm Apr 14, 2011 5:13pm
Quoting Magix
Read not only what is in print, but also the true meaning of what is being said.

Made 200% in 6 months...what did he make before?

If he started with $1000
Made 200%, he would have $3000...

This trade he stands to lose 15%, which would be $450, or 45% of his initial investment.

You really want to try and work this logic out for standard lots?

frankly speaking i was a bit ironic, because 200 % in six months is huge for me i would be glad with that % in 2 years
obviously it is about account size.
anyways i can lose couple of % at 200 or 300 pips loss but not at 20 or 50 pips
i would be dead long time ago
but i am very shitty scalpel
  • #421,858
  • Apr 14, 2011 5:17pm Apr 14, 2011 5:17pm
Quoting Magix
We got 6-8 inches this morning....Calgary.

Wife said she would beat me senseless if I even thought about pulling the snow blower out today...

Wow. I need to not skim so fast... just read that as 'Wife got 6-8 inches this morning... Cavalry'...

lol
  • #421,859
  • Apr 14, 2011 5:19pm Apr 14, 2011 5:19pm
Quoting Venice
Wow. I need to not skim so fast... just read that as 'Wife got 6-8 inches this morning... Cavalry'...

lol
On the beer again?
  • #421,860
  • Apr 14, 2011 5:20pm Apr 14, 2011 5:20pm
Quoting kenfen69
On the beer again?
Nope... lol, just got home from work and it's absolutely gorgeous out though. My mind is probably confused with it not being cold and wet.
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