College trys again

[college ruled]

Need a little cooperation from the EUR to make this work. 2890 over the next hour or two would be a good start.

 

[Lucrum]

Quote from college ruled:

My overnights are a little weak

A little?

I'll get out of this somehow I'll get out of this.

Hopefully it won't be via a margin call.

 

[oldtime]

Quote from Lucrum:

A little?




Hopefully it won't be via a margin call.

why is setting a stop superior to a margin call?

 

[Lucrum]

Quote from oldtime:

why is setting a stop superior to a margin call?

Are you serious?

 

[oldtime]

Quote from Lucrum:

Are you serious?

yes, explain to me why getting closed out by the broker is worse than getting closed out by where you guessed

 

[BlueTurtle]

Quote from oldtime:

yes, explain to me why getting closed out by the broker is worse than getting closed out by where you guessed

i think margin call is fine if your account is under 5,000. this is pure gambling, and there is 0% chance you will make tons if you keep using stops. if account over 25,000, then the margin call may not be the best strategy.

my first account was 10k, then 20k, then over 25k for futures. over 100k for stocks.

i think "college" kid should really consider poker with this small of a bankroll.

 

[Lucrum]

Quote from oldtime:

yes, explain to me why getting closed out by the broker is worse than getting closed out by where you guessed

"by where you guessed"?? Are we even talking about the same thing?

I was referring to the broker forcing the trader to close a position due to insufficient funds. What are you talking about?

 

[oldtime]

Quote from BlueTurtle:

i think margin call is fine if your account is under 5,000. this is pure gambling, and there is 0% chance you will make tons if you keep using stops. if account over 25,000, then the margin call may not be the best strategy.

my first account was 10k, then 20k, then over 25k for futures. over 100k for stocks.

i think "college" kid should really consider poker with this small of a bankroll.

ok, I'll be anxious to read your new book which explains why trading with more money makes you more than trading with less money.

I haven't read it yet, but at first glance it seems to be nothing short of brilliant.

 

[Wide Tailz]

Quote from oldtime:

yes, explain to me why getting closed out by the broker is worse than getting closed out by where you guessed

Not all of us are guesserz

 

[oldtime]

Quote from Wide Tailz:

Not all of us are guesserz

well excuuuuse me, I should have said, "Educated analysis of probablities."