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Nice call Drawdown on holding on and doubling down on that euro short! Drawdown? You still there? You didn't flip and go long again did you? Hello? :D

Thanks for the suggestions, but not sure when or if I'll be getting a laptop anytime soon. Any wireline connections where you can rent a machine for the day? Somehow I don't know if trading at one of those net cafes or the corner deli is such a bright idea . . .

I'm one of those who probably would/should have given up years ago, had I not started when I did and gotten very lucky for a few years bubble trading. But although my temporary good fortune was the only way I could have lasted this long in finally figuring out the right way to trade for myself...

Can anyone recommend any semi-public or public place where broadband is available and where you would be able to download say realtick and tws and trade? My cable connection went down for a full 24 hours and just came back now, and was just wondering about what my alternatives could be beyond...

Coinz, we both know none of my posts are intended to convince you of anything. As I said, what you do has nothing to do with trading, it's about wanting to be right all the time and taking infinite risk to accomplish that, with some added accounting magic to embellish the figures. That's...

It's not just scalability at issue here. I am also talking about longevity. Collect enough opm in the right markets, and you can ride a multi-year bull or bear trend with some leverage and perhaps retire comfortably off basically one single call. On the other hand, individual traders...

I really don't know if this is necessarily true, it's two different games being played -- those who trade for opm/with opm in mind, vs those who trade their own account. In ET people often assume that they are exactly the same. But certain time frames and edges exploited will only work on a...

This is not trading. This is just leveraged exposure to carry interest. What happens when AUD/JPY drops 800 pips in that same given year? The directional loss makes the interest earned look like peanuts. No different than holding onto a stock that pays 8% dividend but tanks 30% over the same...

You haven't been paying attention to the news I guess? ps -- there's no gap on my charts, might want to make sure it's there.

cashmoney, don't be one of those who just fall into trading fx because of the apparently small capital requirements. There are implicitly far more edges to exploit in the hundreds of tradable vehicles in equities and etf's, vs the 4 or 5 liquid currency pairs -- that's pretty much a given.

I sensed your post was well-intentioned underneath, but on the surface it just smacked of smugness and lack of empathy for your fellow trader. I don't know of very many traders who were profitable since their first day trading -- if that was your case then god bless you. But for the rest of...

No offense, but sounds like you have a latent, unspoken drive to identify yourself to yourself as an asshole. :)

Gonna go flat here, before they tap the round handle.

You're right, probably a good idea regardless if I'm up on it or not. All it takes is one short who needs to throw in the towel before week's end and things could get messy.

Oh, it's just for the session, will definitely close out before the weekend. If we just hang here for much longer I think I'll just close it out. re: skalpz, pretty much right on schedule, eh? The silence is defeaning, compared to what we had to listen to when things go his way :)

I think people might be surprised how much demand for gold has receeded, once the tensions die down in the middle east.

All of a sudden the euro bears on this thread go quiet. I'm gonna join you fellows and short some euro and gbp here, stops 20 ticks higher up. 1.2680. edit: seems like the worst 2 choices at the moment vs USD, sighhh

Stops should be inseperable from the methodology behind the entry -- where your stop is, is where the market should not be, given what you have anticipated in placing your trade. Whatever you decide upon, keep in mind that: -- A good entry, by definition, has a clear stop point that...

Ok coinz, let's stop and both be serious for a moment. Do you want to know the *real* reason why your posts get under our skin? It's because the way you "trade" -- your "methodology", so to speak -- is the antithesis of everything we strive to be as successful traders. I'll give you...

I believe it's his way of moving posts he doesn't want read (like the fact that he messed this call up badly) into the back of the line, so to speak, in an eventual effort to get a thread gone bad closed outright. But I think he'll screw the rest up himself without our help (see chinook's...