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  • #451,961
  • May 30, 2011 2:53pm May 30, 2011 2:53pm
Quoting rattyo
Robot= disaster
I was referring to robots without emotions and ego
  • #451,962
  • May 30, 2011 2:53pm May 30, 2011 2:53pm
Quoting Chuanjian
Greed and hope = failure
Robot = winner
Cocky = bad
Humble = good

Never be afraid to take profits = winner
Never be afraid to cut losses = winner
That's true ALOT i will write this letter to my pc when i am in stress i will read this document....
  • #451,963
  • May 30, 2011 2:54pm May 30, 2011 2:54pm
What do you guys think about that wedge? Any importance?
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  • #451,964
  • May 30, 2011 2:57pm May 30, 2011 2:57pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Chuanjian
Greed and hope = failure
Robot = winner
Cocky = bad
Humble = good

Never be afraid to take profits = winner
Never be afraid to cut losses = winner
Yeah.

I was actually watching an interview by a seasoned trader who is a professor.

He is American, but he is now based out of Singapore, and he says his best students are Chinese and Indian.

Speaking in generalities, they tend to be humble and more robotic by nature when it comes to practice. Whether it is Medicine, Finance or what have you.
  • #451,965
  • May 30, 2011 3:00pm May 30, 2011 3:00pm
Does anybody watching this movie ? So strange in a section of this movie main character wants more money and hes think how can increase hes money then try to stock market but not enough for him cause profit not too much and not faster then he learn FOREX ooo good and then in 2 weeks he will 2 Million profit and he will become a big DOG

I like that movie but i hate drugs(if you watch you will understand what i am meaning)FOREX 2 weeks 2 million$ profit. OoooO. Which platform and broker any knows ?

Here is the section forex trading on that movie time : 00:30 and here is the picture : http://www.upload.gen.tr/resim.php/w...tless.JPG.html

http://www.upload.gen.tr/uploads3/hj..._Limitless.JPG
  • #451,966
  • May 30, 2011 3:06pm May 30, 2011 3:06pm
Quoting apt
Yeah.

I was actually watching an interview by a seasoned trader who is a professor.

He is American, but he is now based out of Singapore, and he says his best students are Chinese and Indian.

Speaking in generalities, they tend to be humble and more robotic by nature when it comes to practice. Whether it is Medicine, Finance or what have you.
i suppose it depends on the style of trading, robotic is not good.

if robotic was good, EA's would be king, robotic approach a changing market, is bad

rigidity kills, it killed off many species, and kills off traders. patterns mutate as data stream comes in tick by tick, so the best approach would be, to be flexible.

to do ongoing analysis, and make sure you can ride your position.manage your risk exposure, as the market moves.

as far as money management goes, some traders, esp professional traders, dont like taking losses.
most average their basis close to market.

a powerful tool in the wrong hands can blow an account. one doesnt need to have deep pockets, just good strategy, and KNOW ourselves well enough to see when our pain threshold is reached.

so in order to do this, one has to be able to have impecable timing, and good risk parameters and protocol, have understanding, and be able to be flexible enough, to know when the position is dead in the waters, not just wrong timing.

trading, is hard, its difficult but rewarding, the best approach is to move with the market.

otherwise its predictions and gambling.
AVT INVENIAM VIAM AVT FACIAM
  • #451,967
  • May 30, 2011 3:07pm May 30, 2011 3:07pm
Quoting vjkk
Does anybody watching this movie ? So strange in a section of this movie main character wants more money and hes think how can increase hes money then try to stock market but not enough for him cause profit not too much and not faster then he learn FOREX ooo good and then in 2 weeks he will 2 Million profit and he will become a big DOG

I like that movie but i hate drugs(if you watch you will understand what i am meaning)FOREX 2 weeks 2 million$ profit. OoooO. Which platform and broker any knows ?

Here is the section forex trading on that...
Yeah m8 i watch this movie thats realy great story in the forex part. He is barrowed 100.000 dolar and he MAKES it 2 Million ,
  • #451,968
  • May 30, 2011 3:09pm May 30, 2011 3:09pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting the redlion
i suppose it depends on the style of trading, robotic is not good.

if robotic was good, EA's would be king, robotic approach a changing market, is bad

rigidity kills, it killed off many species, and kills off traders. patterns mutate as data stream comes in tick by tick, so the best approach would be, to be flexible.

to do ongoing analysis, and make sure you can ride your position.manage your risk exposure, as the market moves.

as far as money management goes, some traders, esp professional traders, dont like taking losses.
most average...
A true robot would dominate FOREX.

By robotic I mean emotionless, always analytical.

Most EA's don't work because they can't change their methods to a changing market.

A true robot would harness Artificial Intelligence and be able to trade more efficient than any human ever could.
  • #451,969
  • May 30, 2011 3:11pm May 30, 2011 3:11pm
Quoting apt
A true robot would dominate FOREX.

By robotic I mean emotionless, always analytical.

Most EA's don't work because they can't change their methods to a changing market.

A true robot would harness Artificial Intelligence and be able to trade more efficient than any human ever could.
you know my ex wife to then...
  • #451,970
  • May 30, 2011 3:17pm May 30, 2011 3:17pm
i SAW BEARS on the Chart gogo bears eat some euro
  • #451,971
  • May 30, 2011 3:30pm May 30, 2011 3:30pm
I would like to start a new thread with a particular topic, but for the life of me I can't figure out how to do it. Can anybody give me some guidance?
Thanks guys.
Tom
  • #451,972
  • May 30, 2011 3:39pm May 30, 2011 3:39pm
İt is realy strong resistance on 1.4281-83 Nearly try to break it 11 time . Thnx god , god bless our resistance
  • #451,973
  • May 30, 2011 3:41pm May 30, 2011 3:41pm
Quoting Kanunsuz
god bless our resistance

lol...
Look Sharp/Trade Tight
  • #451,974
  • May 30, 2011 3:57pm May 30, 2011 3:57pm
İs it brook or NOT ? Our holy resistance can'T be brooke up
  • #451,975
  • May 30, 2011 4:24pm May 30, 2011 4:24pm
Guys are you sleeping ? any idea ?
  • #451,976
  • May 30, 2011 4:29pm May 30, 2011 4:29pm
Quoting Kanunsuz
Guys are you sleeping ? any idea ?
Posted a chart above. Short and moved stop to 14285. At the moment I am a bit clueless to be honest - recaping the datas now.
  • #451,977
  • May 30, 2011 4:30pm May 30, 2011 4:30pm
Quoting Kanunsuz
İt is realy strong resistance on 1.4281-83 Nearly try to break it 11 time . Thnx god , god bless our resistance
Are you sure about that? I would reconsider. You realize it is a holiday right? So what if the price has not risen above 1.4283 in 6 hours on a day such as today. I do not even see it on the 5 minute chart.

We all have our different theories and opinions and whatever works for you who am I to discourage you?

1.4340 area is my next area of R.
  • #451,978
  • May 30, 2011 4:35pm May 30, 2011 4:35pm
Quoting Astroman
Are you sure about that? I would reconsider. You realize it is a holiday right? So what if the price has not risen above 1.4283 in 6 hours on a day such as today. I do not even see it on the 5 minute chart.

We all have our different theories and opinions and whatever works for you who am I to discourage you?

1.4340 area is my next area of R.
http://fxtrade.oanda.com/analysis/open-position-ratios

M8 i think you need to check the short positions it is realy too much now i think we need to go down firstly after fall down it will be the bounce to your lvl ... Best regards....
  • #451,979
  • May 30, 2011 4:41pm May 30, 2011 4:41pm
I'm thinking of selling at 1.4290 when it starts bothering the pivot then we go to 1.4250 area.
  • #451,980
  • May 30, 2011 4:42pm May 30, 2011 4:42pm
Quoting reloaded
What do you guys think about that wedge? Any importance?
Yes and no... What it means is there were no long term traders moving the market today==No demand in either direction. It also means there are only four days this week for the large institutions to move the money around that they need to... Aaaand tomorrow is the last business day of the month.... AND it is Non-Farm release week.

The rest of the week should be very fun.
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ThomasStavr2