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EURUSD

  • #622,081
  • Apr 6, 2012 8:52pm Apr 6, 2012 8:52pm
Quoting KillerWhale
I was looking in the mirror and this is what I saw
I know, don't say it
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,082
  • Apr 6, 2012 8:56pm Apr 6, 2012 8:56pm
Last week, I finded the statistics, but I lost it,because I delete bookmark, Could you help me find it anywhere ?
Think Different
  • #622,083
  • Apr 6, 2012 8:58pm Apr 6, 2012 8:58pm
Quoting KillerWhale
Too big, the numbers didn't even fit in the box anymore.
How come? 10,000 pips @ $1 per pip is only $10,000 for one position of 10,000 pips.
The Thief of Wall Street
  • #622,084
  • Apr 6, 2012 9:01pm Apr 6, 2012 9:01pm
Quoting KillerWhale
I was looking in the mirror and this is what I saw
killerbird? :o
  • #622,085
  • Apr 6, 2012 9:51pm Apr 6, 2012 9:51pm
Quoting Chicky
How come? 10,000 pips @ $1 per pip is only $10,000 for one position of 10,000 pips.
10,000 pips ? you expecting 2.3x ?
Mohan
  • #622,086
  • Apr 6, 2012 10:13pm Apr 6, 2012 10:13pm
Quoting mohan76
10,000 pips ? you expecting 2.3x ?
No. No.

What I mean is that lot size of my first position is such that if I do not set an sl, should get a margin call at 10,000 pip loss on that one position. This way I know I can open minimum of 10 positions before getting a margin call if pa goes 1000 against me (10,000/10). However, If I decide to open let's say 20 positions the margin call would come nearer to 500 pips (500 x 20).

This game requires more than just speculating pa direction. Calculation is main part of this business.

The basic rule is that one at no point should lose his/her operating capacity. Once its lost, coming back to BE is very difficult, if not impossible.

If it gets below 1.2930, I will close all my longs.
The Thief of Wall Street
  • #622,087
  • Edited Apr 7, 2012 12:30am Apr 6, 2012 10:23pm | Edited Apr 7, 2012 12:30am
Quoting KillerWhale
I need a few drinks and then I'll try again to understand this.
Lack of nicotine has seriously hampered your mental capacity without helping to boost your financial capacity and therefore to keep intact your operating capacity understanding the above statement is more important than your drinking capacity.

Now tell me what I just said.
The Thief of Wall Street
  • #622,088
  • Apr 6, 2012 10:39pm Apr 6, 2012 10:39pm
Quoting Tobinguyen
You bankrupt?
Where are u? I am from Vietnam too.
Ninh Binh city. Nice to see Vietnamese on this forum.
  • #622,089
  • Apr 6, 2012 11:01pm Apr 6, 2012 11:01pm
whats goin on up in this piece?
  • #622,090
  • Apr 7, 2012 12:19am Apr 7, 2012 12:19am
Quoting Chicky
No kidding. It has to get to above 1.4000 in 2012.

Check my sentiments below.
We'll be at around 1.4150 come June of this year, according to my calculations. And as long as we don't go below 1.2844, it should happen. And the highest it could go is between 1.44xx and 1.47xx around June. The key area to break now is 1.3432, because if we do, then that will be the key support line, instead of current resistance. But who am I? Just some drunk with a calculator in my hands.
Time turns trend. - W.D. Gann
  • #622,091
  • Apr 7, 2012 12:32am Apr 7, 2012 12:32am
Quoting ductrifx
Where are u? I am from Vietnam too.
Ninh Binh city. Nice to see Vietnamese on this forum.
I was from Quan Tri...................................... if I was born there.
The Thief of Wall Street
  • #622,092
  • Apr 7, 2012 12:34am Apr 7, 2012 12:34am
And as long as we stay above the psych 1.3000, we'll be well on our way to another key area of 1.3911.
Time turns trend. - W.D. Gann
  • #622,093
  • Apr 7, 2012 12:36am Apr 7, 2012 12:36am
Quoting ForExtraPips
And as long as we stay above the psych 1.3000, we'll be well on our way to another key area of 1.3911.
1.3150 is hell of a resistance. If it has to break, must break in the silence of the night ......................................... (possible weekend move).
The Thief of Wall Street
  • #622,094
  • Apr 7, 2012 12:47am Apr 7, 2012 12:47am
Quoting Chicky
1.3150 is hell of a resistance. If it has to break, must break in the silence of the night ......................................... (possible weekend move).
Ah, yeah. Can't forget 1.3150. And after it does, 1.3241, here we come.
Time turns trend. - W.D. Gann
  • #622,095
  • Apr 7, 2012 12:47am Apr 7, 2012 12:47am
Quoting Chicky
Lack of nicotine has seriously hampered your mental capacity without helping to boost your financial capacity and therefore to keep intact your operating capacity understanding the above statement is more important than your drinking capacity.

Now tell me what I just said.
I tried and I lost my conscience
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,096
  • Apr 7, 2012 12:56am Apr 7, 2012 12:56am
Quoting KillerWhale
I tried and I lost my conscience
I guess I just need a few more drinks
New voice message: Why are you calling me? If I need you, I'll call you!
  • #622,097
  • Apr 7, 2012 12:57am Apr 7, 2012 12:57am
Quoting KillerWhale
I tried and I lost my conscience
Pour another drink.

Shit........... I was supposed to drink today but forgot. I dirink once every three months..................................... The next opportunity will be tomorrow.
The Thief of Wall Street
  • #622,098
  • Apr 7, 2012 1:04am Apr 7, 2012 1:04am
Quoting KillerWhale
I guess I just need a few more drinks
Its easy. Let me force it on you because its important.

1. No trade open. Free Margin $10,000 = Good

2. Trades open. Free Margin $2,000 = Perfect

3. Trades open, in profit. Free Margin $3500 = No good

4. Trades open, in profit. Open more trades. Free Margin $2,500 = Perfect

5. Trades open, in loss. Free Margin $700 = No good

6. Trades open, in loss. Close few trades. Free Margin $2,000 = Perfect

Free margin never goes to zero nor exceeds 20% to 25% of account balance.

PS - 20% should represent at least 100 pips on all open positions. This is the game of calculation.
The Thief of Wall Street
  • #622,099
  • Apr 7, 2012 1:10am Apr 7, 2012 1:10am
Great news. We've bottomed out for now. It's only going up from here. Come Sunday, I'm going long with a tp @ 1.3389.
Time turns trend. - W.D. Gann
  • #622,100
  • Apr 7, 2012 1:14am Apr 7, 2012 1:14am
Quoting ForExtraPips
Great news. We've bottomed out for now. It's only going up from here. Come Sunday, I'm going long with a tp @ 1.3389.
God be with you!

Which is the nearest funeral home around your residence?
The Thief of Wall Street
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