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14 Year Old Forex Trader's Lessons

  • #2,401
  • Oct 12, 2011 10:43pm Oct 12, 2011 10:43pm
level one attack implemented

1.3790 highest peak, this is the ceiling and crucial point, if my position is wrong this is the best point to be wrong at the price that confirms it.

so if in loss, the loss is not great, and if in profit it will be maximized
AVT INVENIAM VIAM AVT FACIAM
  • #2,402
  • Oct 12, 2011 10:46pm Oct 12, 2011 10:46pm
Demo account. Sort of practicing.
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  • #2,403
  • Oct 12, 2011 10:47pm Oct 12, 2011 10:47pm
Quoting nubcake
oh mla, i like your fire!



the answer is that 5000 pips is 5000 pips and trading standard lots the entire time the resulting profit in money terms will be the exact same....

that's like asking if 1 = 1, what is 1?

but your question was not about profit. your question was "what will be the difference in money between 1 and 2 pips". we just covered that profits will obviously be the same, but everything else will not be.

the spread doesn't even matter for the other aspects of "money" involved because even if 2 different traders had the...
i find that this is somewhat true, nubcake but understand that u are in almost the worst position without introducing urself, and saying all this, just saying. I suggest a kinder tone perhaps? well mla is not happy thats for sure, and u know... u couldve said to him nicely well respecctedly..

and if fight continues from now i take measures.
Have I got something on my face, SOLDIER?
  • #2,404
  • Oct 12, 2011 10:49pm Oct 12, 2011 10:49pm
Quoting Pbh
Demo account. Sort of practicing.
keep in mind ure in an ascending channel for now, price making higher lows, and demand levels go up pip by pip

if u r selling i suggest looking at newer demands for areas of caution
Have I got something on my face, SOLDIER?
  • #2,405
  • Oct 12, 2011 10:52pm Oct 12, 2011 10:52pm
not liking price behavior, will put stop loss
AVT INVENIAM VIAM AVT FACIAM
  • #2,406
  • Oct 12, 2011 10:53pm Oct 12, 2011 10:53pm
Quoting the redlion
not liking price behavior, will put stop loss
save the scout yes?
if it clears this its on for 3800 supply. right now its hanging but aggressive bullish behaviour.
im not liking the short right now so i closed it on euro +10.
Have I got something on my face, SOLDIER?
  • #2,407
  • Oct 12, 2011 10:54pm Oct 12, 2011 10:54pm
Quoting nubcake
oh mla, i like your fire!



the answer is that 5000 pips is 5000 pips and trading standard lots the entire time the resulting profit in money terms will be the exact same....

that's like asking if 1 = 1, what is 1?

but your question was not about profit. your question was "what will be the difference in money between 1 and 2 pips". we just covered that profits will obviously be the same, but everything else will not be.

the spread doesn't even matter for the other aspects of "money" involved because even if 2 different traders...
I am not ever reading it, because I think it reflects your personality.

I suggest to you to think twice before approach people like that with such arrogance and bad manners.

I also recommend to you to go back to kindergarten once more and start from there again.

Your enemy
mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,408
  • Oct 12, 2011 10:57pm Oct 12, 2011 10:57pm
we got some flames here burning...

longing on euro seems viable for now but 3800 stays key
Have I got something on my face, SOLDIER?
  • #2,409
  • Oct 12, 2011 10:58pm Oct 12, 2011 10:58pm
Quoting bumapatria
longing on euro seems viable for now but 3800 stays key
same opinion here
  • #2,410
  • Oct 12, 2011 10:59pm Oct 12, 2011 10:59pm
lol.
Congratulations ScalaFX for coming out of the closet!
  • #2,411
  • Oct 12, 2011 11:00pm Oct 12, 2011 11:00pm
i suggest waiting for london

around the open and closes price has a funny way of acting

if you are quick and nimble go at it, but careful with london open
AVT INVENIAM VIAM AVT FACIAM
  • #2,412
  • Oct 12, 2011 11:00pm Oct 12, 2011 11:00pm
Quoting nubcake
lol.
u like the whale nubcake?
haha
Have I got something on my face, SOLDIER?
  • #2,413
  • Oct 12, 2011 11:01pm Oct 12, 2011 11:01pm
Quoting the redlion
i suggest waiting for london

around the open and closes price has a funny way of acting

if you are quick and nimble go at it, but careful with london open
possibly more foul play. or unprecedented moves, so be prepared.
Have I got something on my face, SOLDIER?
  • #2,414
  • Oct 12, 2011 11:04pm Oct 12, 2011 11:04pm
Quoting the redlion
around the open and closes price has a funny way of acting
Perhaps you're interested in the market cycle
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  • #2,415
  • Oct 12, 2011 11:08pm Oct 12, 2011 11:08pm
Quoting Pbh
Perhaps you're interested in the market cycle
on average pedro that is true, but anything could happen anytime. Dont expect anything from the market, just see analyze trade

thats what i learnt.
Have I got something on my face, SOLDIER?
  • #2,416
  • Oct 12, 2011 11:08pm Oct 12, 2011 11:08pm
no, i studied on the matter, its a bunch of hooey

its 1pm Tokyo, 5am London, i think some people might be at lunch and low liquidity sets in, market moves more erratic.

i am not in it to lose money so for now, this market is not clear short looks more bullish, but wont go long to get whipsawed, to go long i would do it with no stop loss and rescue scheme but now my risk apetite is not such.

what if London sells this one,

look at daily, how long till this up move continues? a correction is bound to happen, but look at price flooring at 3770, what makes you think it will break to the downside?

risky area here, ceiling taken out just to correct to 3784,
AVT INVENIAM VIAM AVT FACIAM
  • #2,417
  • Oct 12, 2011 11:10pm Oct 12, 2011 11:10pm
Quoting the redlion
no, i studied on the matter, its a bunch of hooey

its 1pm Tokyo, 5am London, i think some people might be at lunch and low liquidity sets in, market moves more erratic.

i am not in it to lose money so for now, this market is not clear short looks more bullish, but wont go long to get whipsawed, to go long i would do it with no stop loss and rescue scheme but now my risk apetite is not such.

what if London sells this one,

look at daily, how long till this up move continues? a correction is bound to happen, but look at price flooring at 3770,...
3800 next ceiling here. price stalls makes an accumulation, shows bearish i will sell around there.

till then, this might be a rally base rally.
Have I got something on my face, SOLDIER?
  • #2,418
  • Oct 12, 2011 11:10pm Oct 12, 2011 11:10pm
Quoting bumapatria
u like the whale nubcake?
haha
i have my boat and spears ready.
Congratulations ScalaFX for coming out of the closet!
  • #2,419
  • Oct 12, 2011 11:10pm Oct 12, 2011 11:10pm
if you wanted a less risky trade, look for 3830-3850, a pull back with a strong support, means long it.
a rejection forms a double top. then again, not on TOKYO LUNCH
AVT INVENIAM VIAM AVT FACIAM
  • #2,420
  • Oct 12, 2011 11:13pm Oct 12, 2011 11:13pm
bear piercing line.

possibly just profit taking not reversing.
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Have I got something on my face, SOLDIER?
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