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Entry 1.2905 @ 10:49 CET, 5 ticks stop-loss. Going in the money immediately. Close 2 minutes later for +11 ticks. That's how real trading is done. :p

Tell me exact prices of your placed and closed trades and "hedges" in this last case (hindsight, I don't care of your realtime calls) and I will point out where you delude yourself.

ROFL

Anyone can say "I made 1000 pips last night". That's nothing. Start a third party track record, attach Zulutrade to your MT4 account or Myfxbook if you don't like Zulutrade. It will get all job done automatically, no efforts from you required, you can hide all info where you entered/exited in...

All hindsight, under excuse of "oops, I did it again"... I know blondes are your dream, but you better keep yourself within the limits of approximate sanity. :D Start Zulutrade signal provider account, it's free. And show your results there. It's a win-win for you. You don't risk anything and...

We probably give different meaning to these terms (fear/greed). Maybe because I treat human emotional conditions differently as a psychologist. I don't judge them, only measure them and observe as they influence the human behavior. Sometimes just mentioning it already provides very interesting...

No you didn't. What you don't understand is that there is no difference between realized and unrealized P&L. The fact that you took the profit on one leg while having a "hedge" leg in the red makes you net P&L at best flat - spread costs. Get real, Oily, get real. Your "hedging" is...

Of course it is greed, what else? Any wish to consume beyond the means of basic survival is greed. But did I say it's something negative? Notice how you guys give this term the negative coloring, not me. :p I am very greedy myself. :D

It hurts to listen to hard truth, right Oily? :D But that's good... You will now have period of hysteria, which eventually will lead to catharsis... if you're strong enough to stand this pain of course. If not, you'll likely throw in the towel and forget trading as your life's worst nightmare. :)

What do you think is the motivation of top investment bank/hedge fund managers to enter/exit positions? What's their goal when they enter and what's their reason when they exit?

Of course, Surf, no problem. :D

"Kerviel admits to exceeding his credit limits, but claims he was working to increase bank profits. He told authorities that the bank was happy with his previous year's performance, and was expecting to be paid a ˆ300,000 bonus." Tell me that's something but greed. :D In the case of...

Oh do I? Was hiding the accumulating losses by a trader for a prolonged time "just" a mistake? Are you sure about it? :)

Are you sure ALL trading is done in the form of computer algorithms nowadays? If so, why those huge losses like JPM and Societe Generale incurred happened, which were the fault of traders? Remind you: billions of dollars in losses due to "human factor", you can imagine the size of human managed...

You didn't answer my actual question, which is: do computers make the planning of trades or people who own those computers and feel the fear/greed? :)

See, you basically admit that you simply fade price swings, but delude yourself with the "hedging" which is actually nothing but entering/exiting your position through the weird and redundant way of using another synthetic leg. Do experiment, simply enter/exit EURGBP (or other of these pairs...

It has to do with your emotions definitely, because having zero exposure simply doesn't make any sense and any profits. Simply impossible to make the profit on 100% "hedged" position in the same currency pair, you're even at a loss from the start, cause you paid the spread. Watch your...

You also don't understand that you make money not when you are in zero position, but when you ENTER outright position at some point where you close your "hedge" leg or one leg of your synthetic position. You probably are a good trader, but delude yourself with this "hedging" BS, because it...

Some day you'll (maybe) understand that L EURUSD + S GBPUSD = L EURGBP et cetera. Now you're too excited with the lucky streak to comprehend the reality, but the moment of truth will come and maybe you'll remember this post then.

You're too emotional to be successful. You don't understand what and how exactly you trade. I am sorry for you, but if you want to have fun this way, that's your choice. :)