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Maybe because the exchange rate risk is, well, damn risky? If you had opened a carry trade with gbp vs yen at yesterday's close, you would need to hold the position for nearly (edit) 7 months for the interest carry to make up for the exchange rate loss for today's single session, assuming...

Was there some statement about eur/jpy strength out of europe?

Where did the idea of this trade come from, if you don't mind me asking?

You could just sell a JPY contract and buy 2 GBP contracts on globex, the carry interest is embedded in the contracts. You do realize that the carry rate amounts to a few pips per week, while the exchange rate between the 2 currencies can move several hundred pips in the same time span...

Didn't they ban you once already?

Maybe when it no longer holds the same signficance as it once did? Learning to move with that continual shift seems to be the key to longevity.

Isn't that the point?

USSR ring a bell?

Isn't it traditionally the other way around? Find your edge, define your entry and exits, then adjust position size/mm rules based on what you are comfortable with.

Why would China want to rock the boat? Instead, it's the nation who's currently on top (USA) that has the most to lose, and therefore has the greatest incentive to "start something".

The point of TA is trading on price action, if you are long and suddenly price action turns weak, you just exit or go short, you would not refer to fundamentals or other means of "value" to see if you would hold or do otherwise. Often you'll see people get into a position based on TA, and then...

The jokes would be funnier if not for some of the spelling :)

The most important part of trading to be "coldblooded", as you call it, is in regards to not letting your own positions get in the way of your read on the market. 5K is like a 40min jog, not too bad.

Wow. I just got an electric guitar as an xmas gift, would like to be able to play like that someday hah.

Let's be practical, don't you think you would have put at least one profitable year out of the five, if you really thought you had a shot? Most of what I learned came after making a decent amount from the markets, over a period of years, thinking I had it "all figured out", and then giving most...

The paradox is you want to meet someone who like you is starting out to ostensibly help you improve your trading. Yet someone just starting out won't really be able to do that, while someone experienced who could honestly help you would likely get nothing in return, and therefore be difficult...

Oh I just quoted you because you mentioned wall street.

Yes definitely, you would not survive to improve on entries if you do not employ good money management. But I think again the two go together, you would not be able to employ stops which "kept your losses to a minimum" if you did not consistently choose entry points which provided good r/r...

When to cover the short is an even harder question, given how many times the bears have been burned.

I don't understand, if you're Oliver Stone, how can you let the anachronism of the Challenger explosion or "on the phone selling NASA stock short" stay in the movie and sleep at night? That's what happens when you take Hollywood money!