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  • #690,561
  • Sep 11, 2012 12:13pm Sep 11, 2012 12:13pm
Quoting almo
Divak....


How was logical spot trading today?
logical spot trading? what do u mean?
  • #690,562
  • Sep 11, 2012 12:14pm Sep 11, 2012 12:14pm
Quoting almo
He scalps - 3 pips is plenty at 1: 2000 leverage.
You're not mentioning the part where his stop loss is non-existent.

That's a risk-to-reward ratio of approaching infinity (simple algebra).
  • #690,563
  • Sep 11, 2012 12:16pm Sep 11, 2012 12:16pm
Quoting divak
logical spot trading? what do u mean?
Nevermind.
  • #690,564
  • Sep 11, 2012 12:16pm Sep 11, 2012 12:16pm
Quoting kibescorp
You're not mentioning the part where his stop loss is non-existent
its assumed do the math
  • #690,565
  • Sep 11, 2012 12:19pm Sep 11, 2012 12:19pm
Quoting kibescorp
You're not mentioning the part where his stop loss is non-existent.

That's a risk-to-reward ratio of approaching infinity (simple algebra).
I believe he has mentioned a few times that his SL is 5 pips = $100
  • #690,566
  • Sep 11, 2012 12:30pm Sep 11, 2012 12:30pm
Quoting almo
Nevermind.
u were testing me if i was going long??? well no, i'm still adding shorts.
  • #690,567
  • Sep 11, 2012 12:32pm Sep 11, 2012 12:32pm
Quoting almo
I believe he has mentioned a few times that his SL is 5 pips = $100
Hmm ... interesting. So obviously you didn't even bother to look at what HE posted before you decided to comment?

http://www.forexfactory.com/attachme...6&d=1347373548

As you can CLEARLY see, every time he actually BOTHERED to use a SL, he was STOPPED OUT at 5 pips and HEAVY losses.

Every 2-3 pip "winning" trade he actually made was when he USED NO STOP LOSS.

Any idiot can make 2-3 pips without using a stop loss. It would be difficult NOT to. You would continue to do so until finally that unexpected move happens, and you are DESTROYED.

It's Trading 101, and apparently some of you should be taking it.

It's really quite presumptuous and rude to chime in on conversations when you don't even bother to look at what is posted first.

And BTW, if his SL is 5 pips = $100, how did he lose $156 after only 3.9 pips? Oh that's right, you didn't bother to even look at his trades before you decided to start arguing with me.


Quoting sidhujag
its assumed do the math
Quoting almo
I believe he has mentioned a few times that his SL is 5 pips = $100
Hmm, obviously it wasn't "assumed." How embarrassing.
  • #690,568
  • Sep 11, 2012 12:35pm Sep 11, 2012 12:35pm
The Hell is wrong with you people today?
  • #690,569
  • Sep 11, 2012 12:38pm Sep 11, 2012 12:38pm
Quoting divak
u were testing me if i was going long??? well no, i'm still adding shorts.
No.


It was a question with re: to what we discussed a day or two ago. Apparently it didn't sink in , based on your above comment.
  • #690,570
  • Sep 11, 2012 12:38pm Sep 11, 2012 12:38pm
Quoting attila
The Hell is wrong with you people today?
Geez Attila....you missed all the fun. Where've ya been?
  • #690,571
  • Sep 11, 2012 12:38pm Sep 11, 2012 12:38pm
Quoting almo
Geez Attila....you missed all the fun. Where've ya been?

was on twitter today.
  • #690,572
  • Sep 11, 2012 12:40pm Sep 11, 2012 12:40pm
Quoting attila
was on twitter today.
That seems to be your Modus Operandi.....your on twitter for the major runs, and your back here for when its time to short.
  • #690,573
  • Sep 11, 2012 12:40pm Sep 11, 2012 12:40pm
Waiting for something to happen..

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  • #690,574
  • Sep 11, 2012 12:40pm Sep 11, 2012 12:40pm
Damnit scalped the market till 90 rise and then took the profit. Shame I didn't it leave opened and put trailing stop...
  • #690,575
  • Sep 11, 2012 12:41pm Sep 11, 2012 12:41pm
Quoting almo
That seems to be your Modus Operandi.....your on twitter for the major runs, and your back here for when its time to short.
I don't know. It's been doing nothing since lse close.
  • #690,576
  • Sep 11, 2012 12:42pm Sep 11, 2012 12:42pm
1. first I went Long, did nice shot (26 points), after German court said they were rulling on rescue fund to go ahead as planned
2. then I got info about big sellers of EURUSD and EURCHF in the market
3. we went down from 1.2802 but did only 30-40 pips in the right direction
4. when news at 14:30 GMT+2 was issued big guys realized market wasn´t heping them
5. they decided to go out of the market resulting in that big spike UP to the 1.2860 level....... and the same all USD pairs

PERSONALLY I WASN´T EXPECTING SUCH A CONCLUSION FOR TODAY
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  • #690,577
  • Sep 11, 2012 12:43pm Sep 11, 2012 12:43pm
what do you say guys?can we have a retracement from here?seems nobody can't stop euro to go up.
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  • #690,578
  • Sep 11, 2012 12:43pm Sep 11, 2012 12:43pm
Quoting attila
The Hell is wrong with you people today?
Come on Attila! These/those are worth reading!
Go figure.. Simplicity work
  • #690,579
  • Sep 11, 2012 12:46pm Sep 11, 2012 12:46pm
Quoting kibescorp
Hmm ... interesting. So obviously you didn't even bother to look at what HE posted before you decided to comment?

your right, I didn't. His style does not match my risk tolerance, so I just gave him the benefit of the doubt.



I really wouldn't concern yourself over this - you've got enough on your plate ( your own methodology) to deal with. I had to also learn this some time back, which is why I now no longer chide the scalpers and short sellers like I used to.
  • #690,580
  • Sep 11, 2012 12:46pm Sep 11, 2012 12:46pm
Quoting tokwanden
Come on Athilia! These/those are worth reading!
I do get caught up in these arguments, but only when you read them from the sidelines you realize how stupid they are. lol.

Anyway, I see no sign of shorts right now. If it crosses that first line in the chart I posted I might think about it.
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