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  • #520,141
  • Aug 11, 2011 9:40am Aug 11, 2011 9:40am
Quoting frogger
you need to read a bit more, dude. you are missing the boat, rather the yacht
Yes and maybe no.... I am not bothered by him not using SL. That's fine... Problem is he was HOPING. He might get lucky today and he will think that's the way to play this game.

I am not using SL, never have.... That doesn't mean I don't have losers. I do. However, my entire trading strategy is centered AROUND no SL trading. Every decision, every trade I take is BECAUSE I have no SL. It's a completely 180 from the common wisdom, I know. It's my style and it worked for me so far, several years now...
  • #520,142
  • Aug 11, 2011 9:40am Aug 11, 2011 9:40am
Quoting PayTheLimit
Kid, its about risk, this whole damn business it. You took a long for 100 pips, and risked 1000. You do than enough times, and you will be pressing cloggies shirts for a living. Even fundy traders manage risk. Get out of that dumb trade, and move on. Period. Good luck, PTL.
i know its about risk but i had enough money to let it fall further and further... as USDCHF kept dropping i was making money here and there on other pairs... my margin call BECAUSE of the usdchf wont come until it drops another 10000 pips now... seriously... thats how fast im recouping the losses by trading other fundamentally logical pairs...
if im not keeping my cool i dont know how better... im in Paris right now drinkign french champagne with my family last night... i knew intervention was gona happen and yes PTL... the 100 pip TP?? i've gone open TP... need a revenge on this bastard swissy....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #520,143
  • Aug 11, 2011 9:44am Aug 11, 2011 9:44am
Quoting Venice
lol... now what the fawk is going on with these markets...
It's August
  • #520,144
  • Aug 11, 2011 9:44am Aug 11, 2011 9:44am
Quoting fxjawn
http://www.forex-training.com/pip.htm
that's contract value per pip.
  • #520,145
  • Aug 11, 2011 9:45am Aug 11, 2011 9:45am
Quoting attila
Yes and maybe no.... I am not bothered by him not using SL. That's fine... Problem is he was HOPING. He might get lucky today and he will think that's the way to play this game.

I am not using SL, never have.... That doesn't mean I don't have losers. I do. However, my entire trading strategy is centered AROUND no SL trading. Every decision, every trade I take is BECAUSE I have no SL. It's a completely 180 from the common wisdom, I know. It's my style and it worked for me so far, several years now...
look there is a gazillion ways to sheer sheep, agreed. the HOPE of it turning around is a problem and lets face it he didn't do much math to make it to his advantage. stops are usually a good thing ..... not to say i use them ALL the time either
I got maths..
  • #520,146
  • Aug 11, 2011 9:45am Aug 11, 2011 9:45am
I see this:

France and Italy to impose short selling ban tonight...


but can someone explain what means?!?
  • #520,147
  • Aug 11, 2011 9:45am Aug 11, 2011 9:45am
Quoting fxjawn
nice lets get her through this time
bing
  • #520,148
  • Aug 11, 2011 9:45am Aug 11, 2011 9:45am
Quoting fontu
Me doing , unless 4245 broken it should be there soon or down .if even breaks this level need confirmation not going there with breaks 4259, failure here also down again.

fontu
agree..

ps: but also consider 1.4106 as a bottom of daily TL have to be careful
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Verily, in every difficulties there is relief
  • #520,149
  • Aug 11, 2011 9:46am Aug 11, 2011 9:46am
Quoting attila
Yes and maybe no.... I am not bothered by him not using SL. That's fine... Problem is he was HOPING. He might get lucky today and he will think that's the way to play this game.

I am not using SL, never have.... That doesn't mean I don't have losers. I do. However, my entire trading strategy is centered AROUND no SL trading. Every decision, every trade I take is BECAUSE I have no SL. It's a completely 180 from the common wisdom, I know. It's my style and it worked for me so far, several years now...
nice i dont use them much either... only when i cant watch a trade thats in profit ... when i leave il put a sl on it to protect profit..

thanks
  • #520,150
  • Aug 11, 2011 9:46am Aug 11, 2011 9:46am
yes PTL... the 100 pip TP??
i've gone open TP... need a revenge on this bastard swissy....[/quote]

nuff said
I got maths..
  • #520,151
  • Aug 11, 2011 9:47am Aug 11, 2011 9:47am
Quoting RichFWebb
that's contract value per pip.
oh i got ya now... my bad
  • #520,152
  • Aug 11, 2011 9:47am Aug 11, 2011 9:47am
Quoting bguguen
i know its about risk but i had enough money to let it fall further and further... as USDCHF kept dropping i was making money here and there on other pairs... my margin call BECAUSE of the usdchf wont come until it drops another 10000 pips now... seriously... thats how fast im recouping the losses by trading other fundamentally logical pairs...
if im not keeping my cool i dont know how better... im in Paris right now drinkign french champagne with my family last night... i knew intervention was gona happen and yes PTL... the 100 pip TP?? i've gone...
Champagne is something you do other things with... grow up.
  • #520,153
  • Aug 11, 2011 9:47am Aug 11, 2011 9:47am
Quoting EuroTrader
I see this:

France and Italy to impose short selling ban tonight...


but can someone explain what means?!?
Most likely means you should short like there is no tomorrow...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #520,154
  • Aug 11, 2011 9:49am Aug 11, 2011 9:49am
Quoting frogger
look there is a gazillion ways to sheer sheep, agreed. the HOPE of it turning around is a problem and lets face it he didn't do much math to make it to his advantage. stops are usually a good thing ..... not to say i use them ALL the time either
What he did here is nothing. I remember a trade I took on g/u.... LOL... I held it for 5 months. It never came back.... Hope is the worst enemy...
  • #520,155
  • Aug 11, 2011 9:49am Aug 11, 2011 9:49am
Quoting fxjawn
nice lets get her through this time
Quoting cloggie
Manage that long you are in now properly, keep an eye on 4280 ( a bit of a stretch), move your stops to logical places on this run up
Am up 120, how you getting on?
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  • #520,156
  • Aug 11, 2011 9:49am Aug 11, 2011 9:49am
Quoting Magix
Most likely means you should short like there is no tomorrow...

Best call of the day
  • #520,157
  • Aug 11, 2011 9:51am Aug 11, 2011 9:51am
Quoting yoursong
Champagne is something you do other things with... grow up.
sitting outside the louvre, chatting with friends and family, sipping french champagne after a nice fondue dinner... i guess thats my type of enjoying life... but hey thats just me.. dunno what others would do with a bottle of champagne....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #520,158
  • Aug 11, 2011 9:52am Aug 11, 2011 9:52am
managing this long closely here
  • #520,159
  • Aug 11, 2011 9:52am Aug 11, 2011 9:52am
Is this ban going to be on all short selling of equities? Last time, if I remember rightly, they just banned naked shorts.
  • #520,160
  • Aug 11, 2011 9:54am Aug 11, 2011 9:54am
Quoting bguguen
sitting outside the louvre, chatting with friends and family, sipping french champagne after a nice fondue dinner... i guess thats my type of enjoying life... but hey thats just me.. ....
....that....and posting on ff.com threads while doing all that
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