Am I trading too risky?

Quote from davidmaria1:

I've got 2 longs AUD/USD, could be pulling back for awhile.
I'm going out to rake some leaves....
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Bernanke is speaking, hence the spike .
That bald-headed so-and-so....
 
Quote from davidmaria1:

Bernanke is speaking, hence the spike .
That bald-headed so-and-so....
More...

God Bless Helicopter Egghead Ben!

Now we're cookin', buy the dips!

Buy Buy Buy.....bye bye....
 
Quote from cabletrader:

God Bless Helicopter Egghead Ben!

Now we're cookin', buy the dips!
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I have no idea where this is going, bought one dip Aussie when the E/U touched 1.4900, closed all 3 at .9360.
Bernanke spews some strange shit, and it is hard for the market (and me) to digest.

awwadh.jpg
 
Quote from davidmaria1:

I have no idea where this is going, bought one dip Aussie when the E/U touched 1.4900, closed all 3 at .9360.
Bernanke spews some strange shit, and it is hard for the market (and me) to digest.

awwadh.jpg
More...

Nice trade....Bernanke's making jokes now, gotta be good for another cent or two!
 
Everyone on ET trades 100:1 leverage. Wins 90% of the time and makes 500%+ per annum.

Drawdowns..risk contro..that's for pussies.
 
Quote from chipmunk:

Everyone on ET trades 100:1 leverage. Wins 90% of the time and makes 500%+ per annum.

Drawdowns..risk contro..that's for pussies.
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What brings that up?
 
Quote from peilthetraveler:

The other day i was on a forex site looking for a new broker and I saw this option of managed accounts and i could click the link to see the past returns. I was surprised to see the returns of only about 12-17% per year. When looking at the monthly returns I see around .5 to 2% or so per month returns.

Now I thought I was being somewhat conservative in my trading with my leverage , but my swings are so much higher than what these guys are making. Last month I returned about 55%. On any given day my account will go up or down as much as 10%. Is this the same with the rest of you guys? Or do you guys shoot for smaller returns like 2% per month like managed accounts?
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Nice to see that in addition to getting answers to your questions you are also getting lots of unsolicited trading advice from guys who would give an arm and leg to do 55% PA let alone PM.

You're past the rookie stage and think you are conservative and your results will tell you if you are. If your returns are consistently up and you have a MM policy to cope with adverse results then you are conservative.

Some here are talking about stock-style leverage for Fx trading. Nuff said?

Nothing wrong with doing 100% pm in Fx so aim to improve. Good trading and good luck.
 
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