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I love you porph - please make a thread so we can follow your trading progression.

What do you mean by "front run"? I did a search and found this wikipedia article and it doesn't make sense what you say. http://en.wikipedia.org/wiki/Front_running#Other_uses_of_the_term Also, you're wrong about gold and the middle east. Perhaps you should read up a little on why gold is...

You do know there is no Oil in Israel?

Just on something flat will be hard enough. If he's got gravity on his side then he stands a chance if he can stay on. :p Going uphill could be a challenge though..

Do you play poker too? You sound like a bunch of degens lol. Get him to cycle a mile on a unicycle, or you could do something endurance. Alternatively you could just hustle him but as he's your friend maybe you don't want to.

High five!! (Or maybe not :D )

So how much money will you chuck at it if it keeps falling? When is enough really enough? If you hold and hold are you trading or really hoping and gambling? Think about this. If you want to learn, learn when the mistakes are cheap. If you start losing a lot now, you'll be put off trading...

no.1 - I've got a friend, complete idiot but he says he's good at gambling and goes to the casino often. Do you want to give him some money and he'll make you some? If you think it sounds like a bad idea, think about what you're doing here.

aloha spanish, If you're getting screwed with the inventory fiigures, why not just avoid them? You have no edge it seems and you're just playiing catch up so why bother. Do you think in the long run you can gain from it than you lose with the information you have? I don't really follow the...

Very perceptive and clever, it seems the irony is not wasted on you.

I don't know a lot about this, but you're never going to really know how much you can get - it's just a case of taking something that will give you a favourable out-come in the long run. eg, taking 3 for every 1 you risk, 2.5 for every 1 you risk etc. Do that often enough and you can expect a...

I get a gun and shoot him - makes it more painless and gets it over and done with :cool:

Nice trade, how did you decide it was the bottom and how did you decide it was the top? If you keep making trades like that you don't need spanish :p

I don't know my man, but something smells bad.

How do you mean dear?

It's not always good to win every time - sometimes you got to risk some to make a lot. I'm doing good thanks, my live cattle trade is doing well and i'm holding it till the xmas time. I think i'll be getting some pork bellies as I was reading in hello! magazine that people like to eat pork...

So you made an average of 16 pips/trade. Do you think that's good/sustainable for oil and the amount of risk? I always thought oil was far more capable of netting greater returns than a mere 16 pips.

I love porph, leave my man alone! Porph - you buying live cattle, my call is great; i'm really getting good at this stuff. :)

I don't understand all those lines? How can you trade off them? Would it not just be easier to use the horizontal lines of what looks like support/resistance?

Can I borrow your eyes if you're not using them today? I thought about what you said and I did my first trade. I bought some live cattle. I figured with xmas coming up people are going to start eating more beef, also people are always hungry so if there's a recession people will still eat...