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Well, you should get back around $ 500,000. The rest probably got vaporized on a margin call to support their massive 40 - 1 leveraged position. Was there not a story made into a movie about a trader for a bank, that after he made a large bet, the back ended up worth around $ 1.00.

But were you actually able to wire the money out of the account? Since my understanding is no one is able to get money out today, but maybe I am wrong.

I was trading on sim for a couple weeks including Mon trying to prevent revenge trading and test new strategies. On sim, I revenged traded once, then got better. I started having no losing trades including yesterday. I went live real money again today, and 1st trade was a winner although I...

Thankfully, I don't have my account with them and I never invested in the stock. I was actually thinking about buying at $ 1.20/sh thinking that a deal to buy them out was getting done, but this fraud killed it.

Ok, I now get it. You want to take a position both long and short a currency pair. If one side is starting to move, you add to that side, while either keeping the other the same or decreasing the side that is losing. This could also be done by having 2 accounts, and moving the money between...

I think what you actually want to do is hedge Forex. Let's assume that GBP/USD and EUR/USD will both trade up when the dollar weakens. You could also just hedge EUR/USD by itself if you open 2 separate broker accounts. But for sake of argument, the goal of hedging is to allow you not to...

He did post a live signal. I got a pm from him with a signal that worked out just as he suggested. Why do you expect him to hand feed you money? Is it not better to teach someone to fish, then to give them a free fish? If you get nothing out of his system, then don't follow it. However...

The truth is we could care less what you post Blotto. However, when you post on threads like CL Journal where at the very start, it is journal for posting real time calls and you instead make up lies after the fact, you are going to get called out. Now this may make you upset, but no one is...

No problem. What I would suggest to anyone who moves from sim to real money trading for the 1st time is to expect to lose money starting out, since you are now dealing with the 75% of trading that is not based on a having an edge. Yes, most newbies think that having an edge is 90% of...

I will help you. On Friday, make a chart of CL. Then pretend to buy every swing low and sell every swing high. By doing this each day, you will soon control all the money in world and be richer than Buffet. Blotto is either Buffet or an angry drunk troll. Your pick.

Ok, I will give you some help. Create an Excel spreadsheet. Call it Trade log. Create the following columns. Day of week. Instrument traded. Reason for trade. Win. Loss. and Summary or thoughts about trade after it competed. Win and Loss can be numbers which you can sum up at end of...

Question: What is market noise? Answer: Market noise is the seemingly mindless back and forth movement on the smaller time frames. A trader’s definition of market noise is usually relative to the time frames that they are trading. A trader that trades a 1 hour time frame might think that the...

When I clicked on the link, they gave me an electronic copy for free, so I see no need to pay for yours.

i offer you $ 100 plus 2 back issues of Maxim magazine. I think this offer is very fair. Please pm me if you accept.

Well, an edge is based on statistics. Statistics must be gathered from a high enough sample of trades in all market conditions to be relevant. Let's assume for sake of argument 100 trades gathered in the past over both bull and bear markets produces an edge based price action setup. Note this...

This is my issue with the trade, and why I don't use it. A daily low in how I define it is the low that was put in during the day. You don't know this low until the day is over. I assume the next time period, you could use the previous day's low as the daily low. If one actually knows what...

I don't trade forex. I trade futures. So I deal with probabilities derived from statistics. So for example, my win ratio if I do everything correct is around 65%. Win ratio is statistics which is calculated from past trades based on an edge. Edge is in this instance being defined as a...

How I would set this up is 1st have a modem. The cable modem is then attached to hardware firewall. The hardware firewall is your main defense against anyone hacking into your network. Next I would have a switch that can be setup as a VPN hooked into the firewall. Then the switch would be...

I play black jack when I am in Las Vegas since I can count cards giving me a slight edge. I currently try to only take trades based on what master traders have provided me as edge based setups. Trading is easy, the hard part is not going on tilt or having patience to wait for the correct...

So let's for example give a 50% probability of going long at low or going short at a high, so according to this probability doing both makes no difference. However, the probabilities in reality are not 50/50. So choosing to always go long or always go short will be different. One will be...