The euro at these levels is killing Germany, Finland and Holland, the only 3 healthy countries left in the EU. Instead of talking about Greece leaving, maybe we should focus on those 3 getting out while they still can.
- #515,601
- Aug 8, 2011 5:17pm Aug 8, 2011 5:17pm
- Joined Jul 2010 | Status: Trader | 1,407 Posts
- #515,602
- Aug 8, 2011 5:17pm Aug 8, 2011 5:17pm
- | Joined Apr 2010 | Status: Trader | 1,035 Posts
These days are rare, mate. I operate under the assumption that...I KNOW NOTHING! Forces at work are WAY bigger than my poor little brain. Only thing I know for sure on these days is that I don't try to be a hero. I reduce my normal lot sizes. Movements can be violent in either direction...at any given moment, really.
I had a nice runner last night, but just took it off the table when I was going to bed. I will babysit the vast majority of my trades this week.
That's all I got, brother!
Edit: No such thing as a stupid question,...
i do the same thing... trade with the main direction, trade no more than 50-70% of the size i usually do, monitor trades, early SL...everything that can decrease the risk. just wasn't sure about this thing...
thanks again
big numbers are our friends...
- #515,603
- Edited 8:41pm Aug 8, 2011 5:19pm | Edited 8:41pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
- #515,604
- Aug 8, 2011 5:23pm Aug 8, 2011 5:23pm
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
thanks very much for the answer!
i do the same thing... trade with the main direction, trade no more than 50-70% of the size i usually do, monitor trades, early SL...everything that can decrease the risk. just wasn't sure about this thing...
In my opinion, you're taking the right steps. I have a couple very small accounts that I completely "play" with. WAY over-leveraged...just try to double them fast for the laugh. If I get a good run...I'll put some of it in my long term account. If I lose some, I'll top it up at the end of the week from my regular account if all targets have been surpassed.
Just my way to act like an fool without going near my main funds.
Good luck, mate.
- #515,605
- Aug 8, 2011 5:24pm Aug 8, 2011 5:24pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
- #515,607
- Aug 8, 2011 5:28pm Aug 8, 2011 5:28pm
- | Joined Jul 2011 | Status: Trader | 1,355 Posts
just wow... NASD -7%, DOW -5.6%.. I've only seen that before in last year's flash crash 0_o;
either you forget fast, or you are relatively new to trading.......
Anyway, just for a quick check I searched the black days. : ( Only found %'s tho.. )
Dow Jones Index (since 1896)
1. 19 oktober 1987 -22.6%
2. 28 oktober 1929 -12.8%
3. 29 oktober 1929 -11.7%
4. 6 november 1929 -9.9%
5. 18 december 1899 -8.7%
6. 12 augustus 1932 -8.4%
7. 14 maart 1907 -8.3%
8. 26 oktober 1987 -8.0%
9. 15 oktober 2008 -7.9%
10. 21 juli 1933 -7.8%
(1 december 2008 -7.7%)
(29 september 2008 -7.0%)
S&P 500 Index
1. 19 oktober 1987 -20.5%
2. 28 oktober 1929 -12.3%
3. 29 oktober 1929 -10.2%
4. 16 november 1935 -10.1%
5. 18 maart 1935 -10.1%
6. 16 april 1935 -10.0%
7. 6 november 1929 -9.9%
8. 3 september 1946 -9.9%
9. 18 oktober 1937 -9.3%
10. 15 oktober 2008 -9.0%
12. 1 december 2008 -8.9%
13. 29 september 2008 -8.8%
- #515,608
- Aug 8, 2011 5:28pm Aug 8, 2011 5:28pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
- #515,609
- Aug 8, 2011 5:29pm Aug 8, 2011 5:29pm
- | Joined Apr 2010 | Status: Trader | 1,035 Posts
No problem, mate.
In my opinion, you're taking the right steps. I have a couple very small accounts that I completely "play" with. WAY over-leveraged...just try to double them fast for the laugh. If I get a good run...I'll put some of it in my long term account. If I lose some, I'll top it up at the end of the week from my regular account if all targets have been surpassed.
Just my way to act like an fool without going near my main funds.
Good luck, mate.
i satisfy my ambition to be a fool on a demo account
big numbers are our friends...
- #515,611
- Aug 8, 2011 5:31pm Aug 8, 2011 5:31pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
haha wulfgar, great sense of aesthetics (and humor)
honestly though... scary stuff happening over in london... lets hope the losses are totaled in property damages rather than lives
- #515,612
- Aug 8, 2011 5:33pm Aug 8, 2011 5:33pm
- Joined Jul 2010 | Status: Trader | 1,407 Posts
Gotcha. Just repeating a bit about what was seen across the wires... thanks for the much better update. I especially like the bit about people pushing grocery carts down the streets with looted items.
/facepalm
and now to something completly different. M5 turning bullish?
- #515,613
- Aug 8, 2011 5:33pm Aug 8, 2011 5:33pm
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
Have your well deserved rest bro tc
tcthats it for me today, going directly to sleep, good luck to all, PTL...
- #515,614
- Aug 8, 2011 5:34pm Aug 8, 2011 5:34pm
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
you mean even more confused bro?
90% of the times i am confused by the PA and rest 10% is sorted by people on here, LOL
90% of the times i am confused by the PA and rest 10% is sorted by people on here, LOL
don't listen to anyone when trading bro... it will only confuse you.
- #515,617
- Aug 8, 2011 5:40pm Aug 8, 2011 5:40pm
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
, this is wat i get for not watching TV
