Media start babbling about Greece leaving the EUR (again) - If it happened, would we create a new thread called Dra(h)ma short? Guess it could be tought to manage to press "sell button" in time right after introduction of Drahma to the market 
- #7,442
- Nov 3, 2011 11:45am Nov 3, 2011 11:45am
Don't envy you, been there myself. Good luck wish you all the best. With three kids, wife, job, trading and a house (yes in priority order) I guess you also learn how to prioritize. Aren't we all just fantastic creatures
Try to be a student studying 2 full courses, having a job AND trading. You will learn to squeeze the time to pack up to 48hrs in one day. + some time for sleeping. But, unfortunately, I need to find a way to readjust my timetable to be able to trade london/NY session. Cannot work less, as my employer does not like part-time... 4/5 is the absolute minimum, if you want to work for them you need to pick 4/5.
But I personally would prefer to build own company. Don't have necessary resources yet, though. So I keep trying to increase my capital every...
- #7,444
- Nov 3, 2011 11:48am Nov 3, 2011 11:48am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #7,446
- Nov 3, 2011 11:53am Nov 3, 2011 11:53am
Don't envy you, been there myself. Good luck wish you all the best. With three kids, wife, job, trading and a house (yes in priority order) I guess you also learn how to prioritize. Aren't we all just fantastic creatures
The only think that keeps worrying me all the time, is that it is quite unhealthy, pushing yourself too hard. Right now am considering forcing some "health limits" when I will be 25. But that is still about 3 years to go, who knows, maybe I get lucky enough to run my own buisness by then and work less earning more 
. But sometimes I wonder, if I am not aiming a little bit too high.In fact, the "dream plan" remains "build private hotel/city on Mars", but I realise getting close enough so next few generations could fulfill the dream would be itself a great success.
Momma said, "Aim higher, even if you miss you will still hit high"
ADD: Yes Rod, it is sidewayish and it smells to me. I think that my statement that situation would be clear in half an hour... well, wasn't right. I think I will go do sth else for half an hour. Staring on the screen does not make me money, entering a trade might lost me money. Both cost time.
- #7,448
- Nov 3, 2011 11:57am Nov 3, 2011 11:57am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
In fact, the "dream plan" remains "build private hotel/city on Mars", but I realise getting close enough so next few generations could fulfill the dream...
Those who say it cannot be done should not interrupt those who are doing it
- #7,449
- Nov 3, 2011 12:01pm Nov 3, 2011 12:01pm
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
Oh,Good good -
Risk 2% - Around 50 pips Its reasonable - never try let your profits running my friends?
Size the position to risk % and max pip drawdown.
Don't turn a winner turn into a loser.
If you add position size, add to winners, not to losers.
I don't care which way the market is going as long as it's going my way
- #7,450
- Nov 3, 2011 12:12pm Nov 3, 2011 12:12pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #7,452
- Nov 3, 2011 12:17pm Nov 3, 2011 12:17pm
Have you ever considered a career in trading? If you stick with it long enough and take a simple 3 week course to get a Financial Adviser license with your local FSA, you could make a killing trading other people's money... or even your own.
"Why did you lose all my money?"
"Baroso told it was fine!"
However, what one needs to start such career? Degree in economics
?Right now I will stick to my IT job, perhaps. If I manage to persuade employer to allow me to work remotely (at home) from time to time, then I will get some London sessions to trade. And If I manage to pick myself up and do the work for studies, I will have some additional free time for a month or two...
Well, enough chit-chat, EUR seems to be making decision. Up or down? Is it a double top I was awaiting?
- #7,453
- Nov 3, 2011 12:24pm Nov 3, 2011 12:24pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #7,454
- Nov 3, 2011 12:25pm Nov 3, 2011 12:25pm
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
- #7,455
- Nov 3, 2011 12:26pm Nov 3, 2011 12:26pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
However, what one needs to start such career? Degree in economics
"I know one thing, that I know nothing." Sokrates
- #7,458
- Nov 3, 2011 12:30pm Nov 3, 2011 12:30pm
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
I don't care which way the market is going as long as it's going my way
- #7,459
- Nov 3, 2011 12:30pm Nov 3, 2011 12:30pm
- | Joined Aug 2009 | Status: I support AC Milan and Arsenal | 1,009 Posts
FXMindset test his microphone
- #7,460
- Nov 3, 2011 12:34pm Nov 3, 2011 12:34pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates