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  1. xelite777

    This is what happens when we don't use stops...

    Here is another hilarious video. I dare you not to laugh! :D http://www.youtube.com/watch?v=Wq3Xsf3-0_M
  2. xelite777

    Why Is The Obvious Not So Obvious?

    Yes, but remember that successful traders get precisely their money from beginners. Without beginners we won't able to make a dime, especially in zero-sum games like the Futures and the Forex market. For example each time I am making money following an up trend, I am essentially taking money...
  3. xelite777

    Why Is The Obvious Not So Obvious?

    I can assure you that there also ways to mathematically define support/resistance levels, and then backtest their predictive power. But shhhhh....cannot say more... :cool: And yet some future traders with 20 to 1 leverage account lost millions that day. Even worse, in the currency...
  4. xelite777

    Why Is The Obvious Not So Obvious?

    Simple, place a simple 200 period moving average on the chart and if the price is above that line the trend is up, if it's below it's down. There, you just mathematically defined a trend and you can backtest all kinds of trading ideas from there. This is of course just a simple example to...
  5. xelite777

    IMF wants central banks to oversee markets with government supervision

    Central banks ARE the problem! We are in this international financial mess because they just keep creating money out of thin air. Here is how : http://www.youtube.com/watch?v=jqvKjsIxT_8
  6. xelite777

    Broker for a $5mln trading account

    Why put all your eggs in the same basket and depend on just one broker, spread your risk and open 5 different trading accounts (1 million each) with 5 brokers instead. You can always keep the most reliable one later and transfer all your money there, if that's what you want.
  7. xelite777

    Goog 1000!!!

    I wanted to buy 3 million shares of Google after you recommended it but unfortunately my stock broker passed out in his local bar from too much Johnny Walker, so I guess I will have to wait until he recovers from his huge hangover.
  8. xelite777

    :-)

    Sure, keep posting trade results after the fact. You've got quite some nerves! First of all, this thread has no specific subject, only a smiley. Secondly, you are the one who posted your own trades here remember, starting with the EUR/AUD and then the Canadian trade and then the...
  9. xelite777

    How Investors Lose 89 Percent of Gains from Futures Funds

    This is what happens when you simply turn over your money to other people.
  10. xelite777

    Goog 1000!!!

    You forgot to mention that people are buying less and less Coca Cola and other soda products. Now the new trend is mineral water and tea, as more and more educated consumers are staying away from drinks with sugar. According to the industry tracker Beverage Digest, per capita soda...
  11. xelite777

    :-)

    YES baby!!! An extra 25 pip profit on that second GBP/NZD trade. :) I am out of this trade and off to bed now, enough pips for today, good night everyone, zzzz.....zzzzzz... .zzzzz. :)
  12. xelite777

    Pyramiding the ES on trend days

    Savvy traders with large positions ALWAYS protect themselves with relatively cheap put (or call) options, just in case, they are not that crazy or stupid
  13. xelite777

    :-)

    The Forex market is probably waiting for the very important "German Consumer Price Index" report, due in 20 minutes. This report can move the market fast, so let's see...
  14. xelite777

    :-)

    Shorting more GBP/NZD at 1.9250. Come on boy, keep going down just a lil more.... Attention copycat traders, this is a very scary trade, the GBP/NZD is indeed a wild beast, proceed with extreme caution.
  15. xelite777

    True Legendary Trading Stories

    Were you able to keep that 2 millions... ? :cool: They say making money trading is easy, keeping it is another story. Congratulations, in any case. :)
  16. xelite777

    :-)

    Over 50 pip profit already, keep going down GBP/NZD, good boy, show me the moneyyyyyyyyyyyyyy ! :) http://www.youtube.com/watch?v=OaiSHcHM0PA
  17. xelite777

    Pyramiding the ES on trend days

    Quite true Volente_00, numerous studies show that financial instruments like the S&P 500 are mean-reverting. As such, they do not respond well to trend following techniques or pyramiding schemes. On the other hand, they do wonder with some Stochastic based trading systems...
  18. xelite777

    :-)

    Just sold (short) the GBP/NZD at 1.9281. Watch out, this currency is the wildest and most schizophrenic major pair I know ! :eek:
  19. xelite777

    :-)

    Keep going Yen, keep going, bring the money to daddy :)
  20. xelite777

    Goog 1000!!!

    Uh uh, seems like our "friend" JohnEdit is trying to dump 1 or 2 million shares of Google fast and he needs a lot of unsuspecting buyers to accomplish that, right JohnEdit ? :D
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