Cable Update (GBPUSD)

Quoting A-speculator

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hi mate.. i see that you have trouble with your position yesterday.. sorry to hear that mate. did you manage to clear your position?

as i told you before, that is the dangerous of having buy stop at resistance level, if it does breakout, only enter on retest..

i see that you're trying so hard to chase the price and to be in profit mate.. hope that will never happen again..

Well, forget about yesterday, hope today will bring more greens to both of us eh..

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Quoting UbuFamily

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Uaaawwhhhh.....I'm yawning.......

Arghhhh still feeling sleepy.........

Tell me market is TRENDING or FLAT?

good morning!

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Quoting Ill-b-back

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Why can't I just hold the floating loss?

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Quoting A-speculator

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we're in asian session mate, what do you expect? just go back to sleep and wake up on euro & london open.. lol.

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Quoting A-speculator

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well, i think it's depend on your exit strategy.. for me, i don't like to be in the red for a long time..

atm, i expect to sell on strength and i expected during this asian session is where the correction will take place. Currently our bias is different, that is why we might not agree on how to trade the market, at least for the time being..

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Quoting A-speculator

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well, i think it's depend on your exit strategy.. for me, i don't like to be in the red for a long time..

atm, i expect to sell on strength and i expected during this asian session is where the correction will take place. Currently our bias is different, that is why we might not agree on how to trade the market, at least for the time being..

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Quoting Ill-b-back

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Ok but doesn't the overall loss remain the same regardless of movement direction? Just wondering.

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Quoting Ill-b-back

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Ok but doesn't the overall loss remain the same regardless of movement direction? Just wondering.

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Quoting UbuFamily

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This is a personal strategy A-speculator....I believe "Ill b back" have a strong mental energy to hold this red position...if he listen to u and exit his order, then suddenly cable jump to his green direction, that's more likely he will have no talk with u already right? lol I'm sorry to interfere here but this happened to me where my girlfriend getting so strssed looking at my red and asked me to exit(accepting loss)....next day, a movement of hunderd plus pips happened in favor of my short position...


that's all........
I still listen...

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Quoting UbuFamily

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my way - everyday I can get 5% of capital...all of the order opened during asian time and closed london open...I never open during new york open...I don't know why this is the way for me as a scalper...hmmmm....just my way...

Attitudes? very good
once getting 5% I will not interested getting a trade..
but if looks promising, why not?


why I can't move my ASS to bed?
FF is my second FACEBOOK!

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Quoting A-speculator

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the reason is, if you're have a floating position, you will tend to anticipate with the position due to the commitment you're made for that particular position. Then, you will start on hoping the price to be on your side and if that's happen, you can't see the price clearly. We're just human being you know.. sometime we tend to do the wrong things..

That is why if you see my placement of my entry is normally very close to the point that will invalidate my analysis. I must admit that there are times that i miss good trades but the loss i made...

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Quoting Ill-b-back

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Ok thx, but I just place orders by the system. Does the net floating loss changed much if at all with market direction.

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Quoting A-speculator

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that will not happen if at the moment you've made the order, you have made a calculated loss right? this is not about being right or wrong mate.. this is about being clear headed.. how can you trade with a losing position in your order book? maybe others can, but i can't do that.. i even cannot sleep if i have that kind of position(s).. lol.

i see that most traders holding their losing position for so long is because they don't know that they were wrong and didn't have an exit strategy on what to do if they're wrong..

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Quoting Ill-b-back

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I hate drawdown on positions I can't tolerate it like you because of the fear of increased drawdown as price goes against me. But with a long order at the top and short order at the bottom floating, the drawdown should never increase should it.

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Quoting A-speculator

Disliked

that will not happen if at the moment you've made the order, you have made a calculated loss right? this is not about being right or wrong mate.. this is about being clear headed.. how can you trade with a losing position in your order book? maybe others can, but i can't do that.. i even cannot sleep if i have that kind of position(s).. lol.

i see that most traders holding their losing position for so long is because they don't know that they were wrong and didn't have an exit strategy on what to do if they're wrong..

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Quoting UbuFamily

Disliked

my way - everyday I can get 5% of capital...all of the order opened during asian time and closed london open...I never open during new york open...I don't know why this is the way for me as a scalper...hmmmm....just my way...

Attitudes? very good
once getting 5% I will not interested getting a trade..
but if looks promising, why not?


why I can't move my ASS to bed?
FF is my second FACEBOOK!

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