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  • #618,921
  • Apr 1, 2012 2:01pm Apr 1, 2012 2:01pm
Quoting rattyo
no point losing your cool cause your longs are going to get stuffed. Its not my fault you decided to be a a clever dick and event a shitholetheory that a default is VERY GOOD LOL
Looking back u can see how reality overides personal opinions..j/k
  • #618,922
  • Apr 1, 2012 2:01pm Apr 1, 2012 2:01pm
Quoting pkimnyc
Well... Believe it or not, margin calls were valuable lesson in my trading. It was a bitter experience. you learn something from your own mistake that you only hear from what others talk about. Experiencing something like that in flesh is totally different, in my case anyway. Not that I would recommend anyone to have a margin call, but chicken has a valid point, IMHO.
I also agree. Margin call taught me a lot. The whole mind set.
Time turns trend. - W.D. Gann
  • #618,923
  • Apr 1, 2012 2:08pm Apr 1, 2012 2:08pm
Quoting ForExtraPips
I also agree. Margin call taught me a lot. The whole mind set.
Experience is the best teacher. It is not a crime to be wrong. Because we dont have unlimited capital..we can have margin calls rarely. But it is also important that that help us look at our mistakes and improve on that. Expertise in trading has been derived from past experiences and mistakes, including margin calls or blowouts
  • #618,924
  • Apr 1, 2012 2:10pm Apr 1, 2012 2:10pm
Quoting Kowalczyk
Good afternoon to all. EUR/USD is currently testing resistance at 1.3375. I still think that it will go lower but my strategy is telling me to go long. I have an order to buy at 1.3312 with a SL at 1.3297. Good thing than I closed my short position on Friday. GL to all. Any opinions on this week?
Depends, if rumors are true that Spain will go on disorderly strikes this week in anticipation of Friday's budget disclosure, we might see Eur falling like a rock.
Of not, the opposite could be true.
So it's very hard to say at this moment.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #618,925
  • Apr 1, 2012 2:11pm Apr 1, 2012 2:11pm
Quoting megajester
Just curious what your definition of a "noob"
anyone that has no clue about the market or lets put it this way, anyone who is worried about not getting a margin call instead of aiming for consistent profit
When life gives you lemons, make lemonade
  • #618,926
  • Apr 1, 2012 2:15pm Apr 1, 2012 2:15pm
Quoting micho
anyone that has no clue about the market
Thanks for the reply does anyone disagreed with this definition as the "noob" word is baned about this thread and is new to me so would like to get my facts straight before commenting
  • #618,927
  • Apr 1, 2012 2:16pm Apr 1, 2012 2:16pm
Quoting KillerWhale
Depends, if rumors are true that Spain will go on disorderly strikes this week in anticipation of Friday's budget disclosure, we might see Eur falling like a rock.
Of not, the opposite could be true.
So it's very hard to say at this moment.
@KillerWhale:

Ok - please let me know if Spain goes on strike (if they do) and when it happens, if it happens, please indicate what happened in the market. You said the EURO will fall like a rock - so please remember to share what happens. Thanks.

Im asking you to share, because unfortunately I wont be aware of whats going on. Lets support each other - Thanks

Your heart and spirit is in the right place
  • #618,928
  • Apr 1, 2012 2:18pm Apr 1, 2012 2:18pm
Quoting megajester
Thanks for the reply does anyone disagreed with this definition as the "noob" word is baned about this thread and is new to me so would like to get my facts straight before commenting
Holy cow... Dude.
  • #618,929
  • Apr 1, 2012 2:18pm Apr 1, 2012 2:18pm
Quoting KillerWhale
Depends, if rumors are true that Spain will go on disorderly strikes this week in anticipation of Friday's budget disclosure, we might see Eur falling like a rock.
Of not, the opposite could be true.
So it's very hard to say at this moment.
I completely agree. If we can break 1.3300, then the market bias will be bearish again and I will look for a short entry. But for now, it looks like 1.3310 will hold. Do you still have your short positions?
  • #618,930
  • Apr 1, 2012 2:19pm Apr 1, 2012 2:19pm
Quoting KillerWhale
Depends, if rumors are true that Spain will go on disorderly strikes this week in anticipation of Friday's budget disclosure, we might see Eur falling like a rock.
Of not, the opposite could be true.
So it's very hard to say at this moment.
looks like ur gunna blow up another demo account killer with your shorts
rat
  • #618,931
  • Apr 1, 2012 2:21pm Apr 1, 2012 2:21pm
Quoting Hda
@KillerWhale:

Ok - please let me know if Spain goes on strike if they do and when it happens if it happens please indicate what haapened in the market. You said the EURO will fall like a rock - so please remember to share what happens. Thanks.

Im asking you to share, because unfortunately I wont be aware of whats going on. Lets support each other - Thanks

Your heart and spirit is in the right place
IMO it makes no sense to trade based on rumors or data release for position traders. They bring about volatility but rarely change underlying trend. I think the trend is still up. The best trade is to try to get as better price as possible.
  • #618,932
  • Apr 1, 2012 2:30pm Apr 1, 2012 2:30pm
Quoting pkimnyc
Holy cow... Dude.
So is that agree or disagree ???
  • #618,933
  • Apr 1, 2012 2:31pm Apr 1, 2012 2:31pm
Quoting megajester
So is that agree or disagree ???
Google search newbie. Wtf?
  • #618,934
  • Apr 1, 2012 2:33pm Apr 1, 2012 2:33pm
Quoting gametheory
IMO it makes no sense to trade based on rumors or data release for position traders. They bring about volatility but rarely change underlying trend. I think the trend is still up. The best trade is to try to get as better price as possible.
@gametheory:

The best trade no matter what price you get in at is one that generates a PROFIT, no matter how much you made.

I also understand your point and it has value. The overall picture however is simple - make a profit.
  • #618,935
  • Apr 1, 2012 2:33pm Apr 1, 2012 2:33pm
Quoting pkimnyc
Google search newbie. Wtf?
Sorry just asking a question which I didnt know the answer, thanks will check it out
  • #618,936
  • Apr 1, 2012 2:35pm Apr 1, 2012 2:35pm
After staring at charts for hours I've finally concluded that eur/usd will go somewhere.
  • #618,937
  • Apr 1, 2012 2:36pm Apr 1, 2012 2:36pm
Quoting blackstar
After staring at charts for hours I've finally concluded that eur/usd will go somewhere.
  • #618,938
  • Apr 1, 2012 2:37pm Apr 1, 2012 2:37pm
Quoting Hda
@KillerWhale:

Ok - please let me know if Spain goes on strike (if they do) and when it happens, if it happens, please indicate what happened in the market. You said the EURO will fall like a rock - so please remember to share what happens. Thanks.

Im asking you to share, because unfortunately I wont be aware of whats going on. Lets support each other - Thanks

Your heart and spirit is in the right place
Why, if that happens it will be all over the news. So you can decide for yourself.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #618,939
  • Apr 1, 2012 2:38pm Apr 1, 2012 2:38pm
Quoting pkimnyc
Google search newbie. Wtf?
@pkimnyc:

Come on, help a fellow trader out. No harm done

here it is

en.wikipedia.org/wiki/NewbieCached - Similar
You +1'd this publicly. Undo
Newbie, newb or noob is a slang term for a novice or newcomer, or somebody inexperienced in any profession or activity.
  • #618,940
  • Apr 1, 2012 2:39pm Apr 1, 2012 2:39pm
Quoting Hda
@gametheory:

The best trade no matter what price you get in at is one that generates a PROFIT, no matter how much you made.

I also understand your point and it has value. The overall picture however is simple - make a profit.
Of course trading is a business for consistent profits based on sound strategy. I dont think it is business of gambling & throwing money at brokers
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