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The pursuit of losing 8 replies

Trading 24 hours per day, 5 days per week 14 replies

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(binned per thread starter's request) In the pursuit of the Margi

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  • Post #21
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  • Edited Feb 4, 2014 2:48am Feb 3, 2014 2:06pm | Edited Feb 4, 2014 2:48am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
Milestone ..

Last year:

I had the unfortunate idea of checking if the "grass is greener on the other side of the fence" so against my better judgment I gave a try to the very popular Sonic thread and especially PVSRA. Given, that the only thing in common with what I do is that they use "volume". Unfortunately, the methodology demands adding to losers until you get a reversal. When the account was 16 % down I decided to do the unthinkable -- that is, to cut the loss. This goes to show how stupid I am; if I had kept those positions (short yen pairs) I would have margined called a long time ago.. Game Over - Success!.
Obviously, I am not there yet, again I am on a bad streak having to endure an account increasing in value. I am rather puzzled as to what to do next.

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This is this year (new broker, same funds)
In the pursuit of the outliers ....

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  • Post #22
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  • Feb 3, 2014 2:36pm Feb 3, 2014 2:36pm
  •  JoeNY
  • Joined Nov 2013 | Status: Member | 1,391 Posts
This thread is quite original.... I like it...
SPC * Swollen PocketZ Crew!
 
 
  • Post #23
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  • Feb 3, 2014 2:44pm Feb 3, 2014 2:44pm
  •  yazzie
  • | Joined Feb 2013 | Status: Member | 321 Posts
One of the best threads I've seen here! Keep trying I know you will reach your goal of being Margin Called. Then you will have instant credibility to build and market your MC EA for the low price of $99 and open another thread in the Commercial content section titled "Guaranteed Margin Call EA for low low price"
 
 
  • Post #24
  • Quote
  • Edited 2:39am Feb 4, 2014 2:20am | Edited 2:39am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
Quoting yazzie
Disliked
One of the best threads I've seen here! Keep trying I know you will reach your goal of being Margin Called. Then you will have instant credibility to build and market your MC EA for the low price of $99 and open another thread in the Commercial content section titled "Guaranteed Margin Call EA for low low price"
Ignored

Indeed I am working on it but so far I am not having much success..
 
 
  • Post #25
  • Quote
  • Feb 4, 2014 6:45am Feb 4, 2014 6:45am
  •  Wolf_Wicked
  • | Additional Username | Joined Oct 2013 | 894 Posts
Quoting Mingary
Disliked
{quote} Indeed I am working on it but so far I am not having much success..
Ignored
Agh, you'll never be a loser like the rest of us... Sorry bro maybe trading just isn't for you
Howlin' at the Moon on the Roof
 
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  • Post #26
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  • May 6, 2015 7:03am May 6, 2015 7:03am
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Lol
Come with me if you want to live....
 
 
  • Post #27
  • Quote
  • May 6, 2015 7:35am May 6, 2015 7:35am
  •  nolimitz
  • | Joined Apr 2015 | Status: Member | 33 Posts
Use any Facebook group of signal providers and you will achieve your goal! My own "positive" experience talking here
 
 
  • Post #28
  • Quote
  • May 6, 2015 7:40am May 6, 2015 7:40am
  •  kuroro001
  • Joined Jul 2007 | Status: Member | 17,772 Posts
IS this thread a joke ?
COT: The precious data ignored
 
 
  • Post #29
  • Quote
  • May 6, 2015 7:54am May 6, 2015 7:54am
  •  limzy
  • Joined Jul 2014 | Status: Member | 191 Posts
buy and sell immediately with huge positions lol...losing via paying spread is definite..except that there is probably a limit to what u can lose..its probably better to withdraw your money and donate it to charity so at least you can feel glad "losing" it...hee
 
 
  • Post #30
  • Quote
  • May 6, 2015 11:45am May 6, 2015 11:45am
  •  Pinhead
  • | Joined Mar 2010 | Status: Member | 322 Posts
Unfortunately, you may be one of those poor souls cursed with Good Luck. It's a heavy burden (I'm told), and I feel your pain, but apparently it can be a tremendous character builder. So ya got that goin' for ya....
Oh, have you tried "news trading"? I hear really awful things about it. Might be worth a look.
As a last resort, we could rig up one of those trade copier things to my account. Pretty sure that'd do it...
 
 
  • Post #31
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  • May 8, 2015 9:31am May 8, 2015 9:31am
  •  nolimitz
  • | Joined Apr 2015 | Status: Member | 33 Posts
I have a thought!
Maybe you are trading at demo account?
(just joking, no offense!)
 
 
  • Post #32
  • Quote
  • Jul 15, 2015 5:57am Jul 15, 2015 5:57am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
A Paradox.....


This is not a pipe.
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This is not possible
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  • Post #33
  • Quote
  • Edited 3:35am Nov 3, 2016 2:20am | Edited 3:35am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
Given the fact that the price will move in the direction that causes the most financial damage to the largest number of accounts, I coded a "keep what you have and get what you can rule"
But, no worries, failure is always the next trade.

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  • Post #34
  • Quote
  • Nov 6, 2016 2:11am Nov 6, 2016 2:11am
  •  Dreamliner
  • Joined Oct 2006 | Status: Member | 2,271 Posts
Mingary, what are you doing to get such horrible results? Let me help you...

1--Always add to losing positions, in hopes that the direction will reverse course.

2--Try to pick tops and bottoms, you'll get really good at it over time.

3--Use "reverse money management" techniques: meaning, always use a large stop loss and a small take profit.

4--If none of that works then take a few psychological courses, especially the expensive ones (one good technique is to take capital out of your trading account to pay for the courses).

5--Finally, use as many indicators as you possibly can, and if that doesn't work, trade naked.

These things should greatly assist you on your way to getting that margin call and joining the ranks of the 95%.

Quoting Mingary
Disliked
Given the fact that the price will move in the direction that causes the most financial damage to the largest number of accounts, I coded a "keep what you have and get what you can rule" But, no worries, failure is always the next trade. {image}
Ignored
 
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  • Post #35
  • Quote
  • Nov 6, 2016 2:33am Nov 6, 2016 2:33am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
Quoting Dreamliner
Disliked
Mingary, what are you doing to get such horrible results? Let me help you... 1--Always add to losing positions, in hopes that the direction will reverse course. 2--Try to pick tops and bottoms, you'll get really good at it over time. 3--Use "reverse money management" techniques: meaning, always use a large stop loss and a small take profit. 4--If none of that works then take a few psychological courses, especially the expensive ones (one good technique is to take capital out of your trading account to pay for the courses). 5--Finally, use as many...
Ignored
Yes I tried and tried all this.. I really wish it was that easy.
 
 
  • Post #36
  • Quote
  • Nov 8, 2016 11:59pm Nov 8, 2016 11:59pm
  •  Sharpet
  • | Additional Username | Joined Dec 2015 | 48 Posts
Truth is a margin call is a big mirage when you combine good risk management with a good trading system. Margin calls usually come with careless trading especially using extreme leverage ratios.
 
 
  • Post #37
  • Quote
  • Nov 9, 2016 4:59am Nov 9, 2016 4:59am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
Thank you Mr. Trump

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  • Post #38
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  • Oct 13, 2017 10:53am Oct 13, 2017 10:53am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
Real account up more than 400 % in 1.5 years so far.
Why why why ? Please someone help

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  • Post #39
  • Quote
  • Oct 13, 2017 8:51pm Oct 13, 2017 8:51pm
  •  COGSx86
  • Joined Dec 2013 | Status: Member | 1,874 Posts
To help, I will need your tools to examine your faults (successes) considering your goal is to blow your account.
Learn, a forex trader must, unlearn and relearn he will.
 
 
  • Post #40
  • Quote
  • Edited 2:36am Oct 18, 2017 12:43am | Edited 2:36am
  •  Mingary
  • Joined Mar 2011 | Status: I should be on your ignore list | 5,595 Posts
A place holder for hubris
A "little success" is the door way to failure. Failure is very rarely the door way to success.

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