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Cesarnc's market talk, gossips, rumours & fun

  • #37,541
  • Oct 22, 2012 4:49am Oct 22, 2012 4:49am
Quoting dswk
Time to enter now SL 3080. or time to way.
Take your side...
3050 is my entrie stops at 3062......

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The Chonchy
  • #37,542
  • Oct 22, 2012 4:53am Oct 22, 2012 4:53am
[quote=MPP;6120786][quote=Skynet;6120180]i have a few questions:

#1. anybody in the U.K. offer any insights as to the potential breakup of the U.K. yes, you are reading that correctly...scotland is gearing for a vote on whether it will continue to the part of the U.K.....just like ireland is not part of the UK. ALEX salmond of the SNP is trying to get very, very young people(16year olds) to vote in scotland to initiate scottish people split off from the U.K.....WHAT are the ramifications on the british pound GBP?
Quote

I was planting the explosives...
The Chonchy
  • #37,543
  • Oct 22, 2012 4:54am Oct 22, 2012 4:54am
Quoting chonchy
3050 is my entrie stops at 3062......

Attachment
........all well first target hit but stoped out at 3050 +1, rinse and repeat.....
The Chonchy
  • #37,544
  • Oct 22, 2012 4:57am Oct 22, 2012 4:57am
.......Aproaching resistance again, let se if it breakes or bounce........
The Chonchy
  • #37,545
  • Oct 22, 2012 4:59am Oct 22, 2012 4:59am
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The Chonchy
  • #37,546
  • Oct 22, 2012 5:02am Oct 22, 2012 5:02am
Quoting chonchy
nice Ing, very nice vrabo......
thanks bro anyway regarding ya pm guy looks legit i think
  • #37,547
  • Oct 22, 2012 5:05am Oct 22, 2012 5:05am
Quoting ingmarforex
thanks bro anyway regarding ya pm guy looks legit i think
.......whish guy? the one from blue or the one that is talking shiet about blue.....?
The Chonchy
  • #37,548
  • Oct 22, 2012 5:06am Oct 22, 2012 5:06am
Quoting chonchy
.......whish guy? the one from blue or the one that is talking shiet about blue.....?
Blue
  • #37,549
  • Oct 22, 2012 5:15am Oct 22, 2012 5:15am
Quoting ingmarforex
Blue
......I became a member of that forum and I'm going to ask him a few questions and then will get in to see what happens, let you know in tree months, lol
The Chonchy
  • #37,550
  • Oct 22, 2012 5:22am Oct 22, 2012 5:22am
Quoting chonchy
......I became a member of that forum and I'm going to ask him a few questions and then will get in to see what happens, let you know in tree months, lol
Ok you going for the prop program?
  • #37,551
  • Oct 22, 2012 5:24am Oct 22, 2012 5:24am
Quoting ingmarforex
Ok you going for the prop program?
......I think so Ing, this other company is 799......299 is low.....


http://www.mavericktrading.com/capital_plan.php

.........wish I think is also good, unless some one here know anything about this and can tell us otherwise, thanks in advance.......
The Chonchy
  • #37,552
  • Oct 22, 2012 5:53am Oct 22, 2012 5:53am
...if it pass 3075, I'm in long, with stop at 3050.......

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The Chonchy
  • #37,553
  • Oct 22, 2012 5:57am Oct 22, 2012 5:57am
Quoting chonchy
......I think so Ing, this other company is 799......299 is low.....


.........wish I think is also good, unless some one here know anything about this and can tell us otherwise, thanks in advance.......
It says trading capital 25000 but maximum loss 5000....so it's just like someone trading with 5000 and that probably be mostly your own risk because they require you to put in your own money,but they say they're no brokerage firm....and there is no company address to be seen anywhere on their website.....
Hear the music before the song is over ...
  • #37,554
  • Oct 22, 2012 6:04am Oct 22, 2012 6:04am
Quoting GlobalMacro
It says trading capital 25000 but maximum loss 5000....so it's just like someone trading with 5000 and that probably be mostly your own risk because they require you to put in your own money,but they say they're no brokerage firm....and there is no company address to be seen anywhere on their website.....
wish one GlobalMacro, blue or maverick?
The Chonchy
  • #37,555
  • Oct 22, 2012 6:07am Oct 22, 2012 6:07am
Quoting chonchy
wish one GlobalMacro, blue or maverick?
The latter one...but if you put up the link for blue, I will read theirs too...
Hear the music before the song is over ...
  • #37,556
  • Oct 22, 2012 6:34am Oct 22, 2012 6:34am
Quoting GlobalMacro
The latter one...but if you put up the link for blue, I will read theirs too...

http://www.mavericktrading.com/image...ital_plan1.jpg


.......I beleive what they are saying, and correct me if I'm wrong, is that with $ 25 000 dollars in the acc to start(their capital) you can only lose 1000 dollars in a week, wish is 250 dollars in a day so if we enter with a dollar a pip or one dollar lots we can put a stop of 250 pips wish is fine with me and if we enter 2 lots, (one dollar lots) then your stop is 125 pips wish is good with me also, now you must do $270 dollar a week, wish with one dollar lots is 270 pips a week or 54 a day, but with 2 dollars or two one dollar lots, is only half wish is 26 pips a day, your target.......

........Now i will enter 5 one dollar lot and a 50 pips stop wish is the allow 250 dollars lose per day and if I lose a trade with a 50 pips stop, it means that I wasen't focus with my strategy, and with 5 one dollar lots I only have to make 11 pips a day to cover my minimun of $ 270 a week.......11 pips a day, oh well some times it seems imposible if you ask me, some days......

.......Now blue is diferent, blue ask for a 10% a month minimun profits and a maximun of 20% drow down........10% a month of 1000 is 100 dollars or 5 bucks a day with a one dollar lot is 5 pips a day and a 200 dollar stop lose.........with 2 one dollars lots and a 100 pips stop, is 3 pips a day..........

......Here is the link.......

http://www.blue-point-trading.com/
The Chonchy
  • #37,557
  • Oct 22, 2012 6:54am Oct 22, 2012 6:54am
Quoting chonchy

.......I beleive what they are saying, and correct me if I'm wrong, is that with $ 25 000 dollars in the acc to start(their capital) you can only lose 1000 dollars in a week, wish is 250 dollars in a day so if we enter with a dollar a pip or one dollar lots we can put a stop of 250 pips wish is fine with me and if we enter 2 lots, (one dollar lots) then your stop is 125 pips wish is good with me also, now you must do $270 dollar a week, wish with one dollar lots is 270 pips...
Chonchy look at the Maximum Loss Limit...it's $5000...it means you lose that much you're out forever, so the $25000 is meaningless...

Also read in their FAQ section, they require capital contribution on the trader's part...so your money will be part of the loss as well....I don't see any benefits here..

I never understood why shops like these (requiring capital contribution!!!) call themselves, Proprietary Trading?!?!?!?

In a broader context, there's always talk of $1000, $5000 etc. total limits on their websites (both of them), no respectable prop shop deals nor gives indications in these amounts no matter how junior the trader....none of them look major (or at least up to par) league...


Anyway, what are you looking to do...Chonchy...Are you looking for direct access only trading your own money or are you looking for outside trading capital?
Hear the music before the song is over ...
  • #37,558
  • Oct 22, 2012 7:17am Oct 22, 2012 7:17am
Quoting Skynet
i have a few questions:

#1. anybody in the U.K. offer any insights as to the potential breakup of the U.K. yes, you are reading that correctly...scotland is gearing for a vote on whether it will continue to the part of the U.K.....just like ireland is not part of the UK. ALEX salmond of the SNP is trying to get very, very young people(16year olds) to vote in scotland to initiate scottish people split off from the U.K.....WHAT are the ramifications on the british pound GBP?

#2.One thing that has always come up is how long will...
I think it's quite sad that the Scottish people were not offered a better candidate than Alex Salmond by the traditional parties, but that reflects the state of British politics in general. Whether or not you agree with him, he is by far the best choice for Scotland. I'm English. I just live here in Scotland with a Scottish woman.

In a lot of ways he is quite naive. His election campaign had as its basis massive spending increases for Scotland with no discernible fiscal foundation. He wants 16 year olds to have a vote in the referendum and he wants North Sea oil to belong to Scotland. It is possible there are more reserves than originally thought (where have I heard that before?).

If London is excluded, and oil production excluded, the per capita GDP of Scotland is similar to England.

If the referendum gets independence for Scotland, it will still be a few years before the details are thrashed out, so we don't need to worry about the effect on the Pound just now. It's interesting, though, that Mr Salmond's party will want to keep the Pound as Scotland's currency until they come up with a better idea. (The Euro?)
Gone to a better place
  • #37,559
  • Oct 22, 2012 7:18am Oct 22, 2012 7:18am
Quoting GlobalMacro
Chonchy look at the Maximum Loss Limit...it's $5000...it means you lose that much you're out forever, so the $25000 is meaningless...

Also read in their FAQ section, they require capital contribution on the trader's part...so your money will be part of the loss as well....I don't see any benefits here..

I never understood why shops like these (requiring capital contribution!!!) call themselves, Proprietary Trading?!?!?!?

In a broader context, there's always talk of $1000, $5000 etc. total...
......Yes GlobalMacro but how I'm I going to lose 5000 dollars?

I have to lose 1000 pips at 5 dollars a pip, or 500 pips with a standard lot (10 dollars a pip) or 250 pips with 25 bucks a pip or 100 pips with 50 dollars lots or 5 standard lots, bro.......if I trade with 5 standard lots or 50 bucks a pip and I make 10 pips a day, I make 500 dolars a day wish is 5000 a week all I have to do is be lucky one couple of weeks and I have my losing money in the bank already...........

I already apply GlobalMacro and the contribution is 799 dollars and 200 dollars a month, wish give you the curses and classes that I don't need so I don't have to pay for the monthly 200 only the 799 to get in and wish will give me atcess to intitutional spreads, wish is a rebate already and will pay for the 799 by itself on the savings from one broker to the other.......

........do you know any respectible one that don't charge me anything?

........I'm looking for capital GlobalMacro because I have become so conservative that I need more capital to trade with the leverage and small lots that I'm trading lately, and all my friends and family, have lost all the money with me previusly.........
The Chonchy
  • #37,560
  • Oct 22, 2012 7:22am Oct 22, 2012 7:22am
Quoting smikester
I think it's quite sad that the Scottish people were not offered a better candidate than Alex Salmond by the traditional parties, but that reflects the state of British politics in general. Whether or not you agree with him, he is by far the best choice for Scotland. I'm English. I just live here in Scotland with a Scottish woman.

In a lot of ways he is quite naive. His election campaign had as its basis massive spending increases for Scotland with no discernible fiscal foundation. He wants 16 year olds to have a vote in the referendum and he...
........So you are english in scotland, and do you get to wear the kilt or not.......









http://www.heritageofscotland.com/pi...09d1db1482.jpg





http://www.heritageofscotland.com/pi...09c4e4d6d5.jpg
The Chonchy
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