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  • #646,921
  • May 24, 2012 3:36am May 24, 2012 3:36am
Quoting fxanonymous
so if your friend dies today i should start screaming: "so what?! life's tough! get over it and get used to it!"

anyways... i'm out for today. Reached my simple daily target (and well beyond that for that matter).

time to jump in the sea! good luck!
Wait, you mean people don't normally say that?
  • #646,922
  • May 24, 2012 3:37am May 24, 2012 3:37am
Wonder what Draghi will say today 2 change my mind... been bear since 2717

  • #646,923
  • May 24, 2012 3:37am May 24, 2012 3:37am
Quoting fxkiller
soft hearted ppls do not stay long-term in forex...! Be a like a stone and fight that fact.. I lost over 25k five years ago and i blaimed myself an not th market for it...
Is that when you learned to have a stop loss?
  • #646,924
  • May 24, 2012 3:38am May 24, 2012 3:38am
Quoting Esssex
Wait, you mean people don't normally say that?
If you are like that, then, you, sir, are one negative person.
  • #646,925
  • May 24, 2012 3:38am May 24, 2012 3:38am
Quoting redart9
oh well guys, Im out of the game now, my account is now dead... 20$ left. Those down moves killed me .
never give up, they said....
Shouldn't have been buying when the conditions are strongly bearish.

Take what's left of your account and enter into a short position.
  • #646,926
  • May 24, 2012 3:40am May 24, 2012 3:40am
Quoting Chicky

Who is dead?
They lost me once in the emergency room but they brought me back.

  • #646,927
  • May 24, 2012 3:41am May 24, 2012 3:41am
what's with the flaming
  • #646,928
  • May 24, 2012 3:42am May 24, 2012 3:42am
2540 short .
looking for investors . pm me
  • #646,929
  • May 24, 2012 3:43am May 24, 2012 3:43am
Quoting Paulenok
If you are like that, then, you, sir, are one negative person.
Naw, I've just been through something called life.

When you are down and out, no one will really help you. They say encouraging words to sugar coat things to make you feel better, they say they will help but at the end of the day you are on your own because talk is cheap.

You need to be the one climbing up with your own hands because frankly no one is going to bother if you fall into the pits.
  • #646,930
  • May 24, 2012 3:43am May 24, 2012 3:43am
Quoting Esssex
Wait, you mean people don't normally say that?
you was right. now is ultra bearish
looking for investors . pm me
  • #646,931
  • May 24, 2012 3:43am May 24, 2012 3:43am
Quoting kbmoonshinex
2540 short .
  • #646,932
  • May 24, 2012 3:44am May 24, 2012 3:44am
Quoting Snarkalarker
Is that when you learned to have a stop loss?
Isn't that how everyone learns to have a stop loss?

Someone said earlier, just take it as a lesson and an investment in your future, have a little cry about it, then dust yourself off and move on. It's a learning curve.

Anyways, I'm out for now, not convinced yet it's going back up. Waiting on the sideline
  • #646,933
  • May 24, 2012 3:44am May 24, 2012 3:44am
Quoting Snarkalarker
Is that when you learned to have a stop loss?
no, but money management and built up new trading strategys..!

To trade without SL is not a problem, i still dont do it.. but you must have the skills and the perfect money management to manage your drawdown.. this is what is important and will not let you fall
  • #646,934
  • May 24, 2012 3:45am May 24, 2012 3:45am
Quoting tomspin
.............................
I just don't understand many things yet I guess.
Services in UK with GDB down - no move or small buying taking place
Manufacturing in Ger with business climate down - buying taking place
Feck me sideways Mohan was right yesterday, going out for a walk, orders in place and protected with SL, just can't look at it right now.
Many were expecting data much worse than it is. In fact all indices are on borderline and therefore price significantly built in. This is a state of indecision, once market decides where it wants to go, will gradually move in that direction. .............. Patience.
The Thief of Wall Street
  • #646,935
  • May 24, 2012 3:46am May 24, 2012 3:46am
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  • #646,936
  • May 24, 2012 3:46am May 24, 2012 3:46am
Quoting tomspin
.............................
I just don't understand many things yet I guess.
Services in UK with GDB down - no move or small buying taking place
Manufacturing in Ger with business climate down - buying taking place
Feck me sideways Mohan was right yesterday, going out for a walk, orders in place and protected with SL, just can't look at it right now.
last 2 days it's fall too much , technically it should bounce before going futher down , barriers not letting it go up, 2500 is strong buying area (it can be taken out), greece b/s was ragging for more than 2 year nothing new other than election . Germans like to have eu 1.20 , that will hurt USA and china, one of them have to come for rescuing Euro. it should bounce but it have room for another 500 pip down move.
Mohan
  • #646,937
  • May 24, 2012 3:46am May 24, 2012 3:46am
Quoting kibescorp

Take what's left of your account and enter into a short position.
I doubt he has the capital to do that.

But still, we do not know how much he lost. Maybe he opened an account for $500. So he lost a little bit of money, no big deal. I sincerely hope he did not open an account with 10 Grand or so.

And what money was he trading with?

His savings?

Or was it just mad money that you have left over after diligently sticking to a very tight budget?
  • #646,938
  • May 24, 2012 3:47am May 24, 2012 3:47am
Quoting tomspin
.............................
I just don't understand many things yet I guess.
Services in UK with GDB down - no move or small buying taking place
Manufacturing in Ger with business climate down - buying taking place
Feck me sideways Mohan was right yesterday, going out for a walk, orders in place and protected with SL, just can't look at it right now.
It's the work of the big boys. You'll get used to it eventually. They will squeeze you during news releases, just got to let the news set in before it resumes it trajectory.
  • #646,939
  • May 24, 2012 3:48am May 24, 2012 3:48am
here we can see mixed area i think it is better to wait situation to be more clear
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  • #646,940
  • May 24, 2012 3:48am May 24, 2012 3:48am
Quoting pinkiaiii
Agree,why kick someone when the person is already on the ground ?there seems a group of people who feel pleasure of mocking others on these forums,the likes of cloggie and other rogues,fair enough if you make money,but on every trade you win someone looses so take this in mind as money dont come from the sky.
nope, he is right, forex is ruthless business, for last 3 weeks people been continually trying to buy smelly finger bottom, over over again, couple very good rules to remember cut the losers and let winners have room to run, and never never enter trade without stop loss, when someone is stubbornly try to catch a falling knife, get smelly finger bottom picking, holding on to losers, is game over for them, maybe survive couple early last minute savior pa moves, but long term they will be history.

This is basic to survive this business, someone who continuaalyy do stuff listed above, 'will' get burned, so everyone have opportunity to learn from other peoples stuff ups, and is good for people here to highlight them, I feel soory for this guy, but I have no sympathy for him, and especially no tolerance for anyone else who keep doing this crap over and over again.

Big ups to the guy for admitting he is stuff up, be warned this will happen to anybody who disrepect mm rr and raw PA

A hard lesson learned is a good lesson, dont have pity, and dont do same mistakes, you on way to succeed tradering
If you are new to Forex? Say Goodbye to your account!!
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