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EURUSD

  • #735,181
  • Dec 18, 2012 5:08pm Dec 18, 2012 5:08pm
Quoting TPOTrader
SHORT EURO!!!

nah just kiddng..don't know shiet what i'm doin...

I'm serious though
  • #735,182
  • Dec 18, 2012 5:08pm Dec 18, 2012 5:08pm
guys what news helped euro fly last night (ny session) , Greek credit upgrade or CLiff
Mohan
  • #735,183
  • Dec 18, 2012 5:08pm Dec 18, 2012 5:08pm
I just deposited another $100 into my trading account and will go long now to hopefully try and recoupe some of my loses back, thanks for all those who have been supportive
  • #735,184
  • Dec 18, 2012 5:09pm Dec 18, 2012 5:09pm
Quoting Daytrader74
Yeah thats right now everyone is shorting the cripple after i lost my money!!
not everyone.
  • #735,185
  • Dec 18, 2012 5:10pm Dec 18, 2012 5:10pm
Quoting attila
not everyone.
losers?
  • #735,186
  • Dec 18, 2012 5:10pm Dec 18, 2012 5:10pm
Quoting math_GB
Why suggest that...??? there is a level we know of... It is around 1.3240s. There is still hope for 1.2900s... Why are you doing this...??!!?? I really don't understand. His loss is not our win... The guy said " ı am losing my shirt. We need to give him some levels to save his desperation. I have 1.3240s if it goes above 1.3500s are in the cards and he should quit but not before. This is my opinion...
Day Trader...! Over the weekend so many tried to help you and I wrote the post above on Saturday night for you...Vachus has come up with a number of well prepared questions, Attila has given some worthy points you should pay attention to. I am sorry mate but many guys are right to be pissed at you. You still haven't done anything since Monday open. You could have reduced the position and increase your tolerance to the up going trend. I also wrote you that - you were only 8 K underwater by then - even if you can make 4K back you should be happy since your trade was a disaster from the beginning.

At these levels, it is normal that some traders will short due to some expectation of a retrace. You would have never gotten your full loss back tough. I am sorry mate but you had it coming... It is sad but this is the situation.
  • #735,187
  • Dec 18, 2012 5:11pm Dec 18, 2012 5:11pm
Quoting demoreal
losers?
ha.
  • #735,188
  • Dec 18, 2012 5:12pm Dec 18, 2012 5:12pm
Quoting math_GB
Day Trader...! Over the weekend so many tried to help you and I wrote the post above on Saturday night for you...Vachus has come up with a number of well prepared questions, Attila has given some worthy points you should pay attention to. I am sorry mate but many guys are right to be pissed at you. You still haven't done anything since Monday open. You could have reduced the position and increase your tolerance to the up going trend. I also wrote you that - you were only 8 K underwater by then - even if you can make 4K back you should be happy since...
I couldn't reduce my position, my broker does not allow partial closing of position
  • #735,189
  • Dec 18, 2012 5:12pm Dec 18, 2012 5:12pm
Quoting Daytrader74
I just deposited another $100 into my trading account and will go long now to hopefully try and recoupe some of my loses back, thanks for all those who have been supportive
that's it? but i want more
NocturnalFX is no longer offering commercial services
  • #735,190
  • Dec 18, 2012 5:12pm Dec 18, 2012 5:12pm
Quoting mohan76
guys what news helped euro fly last night (ny session) , Greek credit upgrade or CLiff

boehner bla bla
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #735,191
  • Dec 18, 2012 5:13pm Dec 18, 2012 5:13pm
Quoting Daytrader74
I couldn't reduce my position, my broker does not allow partial closing of position
Never heard of a such thing mate...
  • #735,192
  • Dec 18, 2012 5:14pm Dec 18, 2012 5:14pm
Quoting Avir
boehner bla bla

I tought about you mate today. Did you cut your trade...???
  • #735,193
  • Dec 18, 2012 5:14pm Dec 18, 2012 5:14pm
Quoting Daytrader74
I just deposited another $100 into my trading account and will go long now to hopefully try and recoupe some of my loses back, thanks for all those who have been supportive
Good...luck!!! Hope you can regain whatever you lost...I feel sorry it happen. Hope your loses can make you a better trader someday.
  • #735,194
  • Dec 18, 2012 5:14pm Dec 18, 2012 5:14pm
Quoting Daytrader74
I just deposited another $100 into my trading account and will go long now to hopefully try and recoupe some of my loses back, thanks for all those who have been supportive
wait , if you really want to success in this business withdraw your money first . then do a self analysis . find at least 10 mistkes you have made on your last trade .

play with demo account for some time (open demo with $100) , learn to use s/l ,never let let margin go below 100% once you feel comfortable go live.
Mohan
  • #735,195
  • Dec 18, 2012 5:15pm Dec 18, 2012 5:15pm
Quoting Daytrader74
I just deposited another $100 into my trading account and will go long now to hopefully try and recoupe some of my loses back, thanks for all those who have been supportive
1. you need to forget the old trade. Recouping losses implies you will be chasing losses. Will always result in further losses.
2. It also implies revenge trade.
3. $100 is very small. Will take a long time to recover meaningful part of loss. May result in over leveraging / high risking and hence, losing money.

Best thing is not to trade for a while - at least this week. Come back fresh next week / month. Enjoy time with family.

Meanwhile dont think of lost "opportunities". You need to clear your mind.
  • #735,196
  • Dec 18, 2012 5:15pm Dec 18, 2012 5:15pm
Quoting mohan76
wait , if you really want to success in this business withdraw your money first . then do a self analyst . find at least 10 mistkes you have made on your last trade .

play with demo account for some time (open demo with $100) , learn to use s/l never let let margin go below 100%
Very good advice Mohan...!!!
  • #735,197
  • Dec 18, 2012 5:17pm Dec 18, 2012 5:17pm
Quoting Daytrader74
Thats not a very nice word
Says who?
  • #735,198
  • Dec 18, 2012 5:18pm Dec 18, 2012 5:18pm
Quoting mohan76
wait , if you really want to success in this business withdraw your money first . then do a self analysis . find at least 10 mistkes you have made on your last trade .

play with demo account for some time (open demo with $100) , learn to use s/l never let let margin go below 100%
Very good advice but this sounds like hard work mate for him. What he want you to tell him is how he could use his $100 to win back $11k in a month's time, or a week if possible. In theory he just need to double up his account 7 times in a row and he'll be there in no time. Just put 20 pips SL and TP and flip a coin and hope for the best.... 7 times in a row.
  • #735,199
  • Dec 18, 2012 5:18pm Dec 18, 2012 5:18pm
Quoting Daytrader74
I just deposited another $100 into my trading account and will go long now to hopefully try and recoupe some of my loses back, thanks for all those who have been supportive
So now you're trying the "opposites" trade.

I posted this before but here we are:

http://img117.imageshack.us/img117/9...nstanzaad4.jpg http://img166.imageshack.us/img166/2...zaphixrfi8.jpg

Remember Seinfeld? In one episode George decides to try the opposite of everything he does normally.

That can only work for so long because you're no longer trading with a plan.
Not all sins are created equal
  • #735,200
  • Dec 18, 2012 5:18pm Dec 18, 2012 5:18pm
Quoting math_GB
Never heard of a such thing mate...
Oanda.
Not all sins are created equal
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