Recent content by KingJedi

Make it your goal not to win big etc etc but to lose as little as possible per trade. Everyone makes bad calls but the trick is killing them dead in their tracks before they kill you. It really is as simple as many others have said.. add to winners and dump the losers. With a good R/R ratio you...

One thing I'll say about McD is... poor people need to eat.. one of the more depression/reccession resilient stocks.. the more poor people, the better walmart and mcd does, i've been unwinding from them and moving back into energy for awhile and will so until the next bust starts to wind up to...

+1 and +1 to everyone else saying dont do it.. if you want in that bad wait till sunday at around 6-7pm est.. more or less the jist of it is that alot can happen, the banks can adjust the rate way past your stop and then you are fucked and have no way to get out of the trade because your broker...

I'd pass on that short, got a triangle forming here with a base at 2883.. probly break that soon and wonder up to 2900.. market already made two large moves down

Nothing wrong with that... just use a small portion your willing to give to high risk to screw around with.. over 99% of my net is globally diversified and even that is split up across multiple brokers and banks just due to all the bullshit of to big to fail.. hard to trust just one of them...

I went in long at 2970 and ended up getting blown out of it... euro just completely tanked today.. oh well.. least lucrum made something on the deal

What do you all think... friend or foe? http://www.efxnews.com/story/15058/morgan-stanley-holds-long-eurusd-position-targeting-134 Someone out there pushing this nugget around again today Im still bullish myself but would not be surprised at all by a retest of 1.2875

This should go to chit chat... and since my degree was in physics.. this and that other thread are just sad. Btw gasoline and diesel will eventually go stale as they say and not really be a runnable product as the light ends evaporate out of the containers and also there is a problem of water...

http://www.fxstreet.com/fundamental/economic-calendar/ Decent eco calendar... the long and skinny of NFP is that it shows where the jobs are leaving or going as such USD crosses get repriced after the results vs what was baked into the market for the report already.. last bit goes for most...

Should also throw in its been doing a rather lovely lower low and higher low pattern the past couple of weeks.. Im currently sitting short looking for either a retest wave or a lower low again I liked the analysis ammo.. never heard of it worded that way, I never really got into all the...

Margin only effects leverage Profit for one lot over 1 pip is $100,000 x 0.0001 = $10 Now to use part of oldtime's example.. if you have $10k in your account you end up using 10:1 leverage to start out with.. this will either shrink or grow depending if you make or lose money on your...

Dont use one just because I do.. as you said with your anti book statement... figure out what works for you.. but really you should read up just to foster new ideas and possibilities, a good understanding of theory of probability would also go along way

Revision control is your friend.. or an auto snapshot on the hour.. neither of which most home users would ever do less they are in a more corporate environment and exposed to such

Use and study higher frames.. personally I use a 4900 tick chart for watching daily movements as a whole

A chart is nothing more than the fight between groups of people trying to place an intangible property of price to something Eventually you will see it is not a chart you are reading but the fight between these groups.. just make sure you are not mesmerized by a chart Also it doesnt hurt...