Do full-time forex traders exist or is it just make believe?

[oldtime]

Quote from wrbtrader:

Exactly...never get married to one trading instrument.

no kidding, I'd hate to be just guessing what eur.usd. is going to do

I stick to the majors

the problem with some of these other ones is, the spread gets so wide in the afternoon that it is just about impossible to get out

I traded that NOK one time, man was that a wild ride, and NZD is a bitch

use to trade all 6 pairs, but the snb peg messed me up

now I am ex jpy

so just 4 pairs

 

[oldtime]

Quote from oldtime:

no kidding, I'd hate to be just guessing what eur.usd. is going to do

I stick to the majors

the problem with some of these other ones is, the spread gets so wide in the afternoon that it is just about impossible to get out

I traded that NOK one time, man was that a wild ride, and NZD is a bitch

use to trade all 6 pairs, but the snb peg messed me up

now I am ex jpy

so just 4 pairs

trading just usd, you create your own crosses with size

 

[oldtime]

Quote from oldtime:

trading just usd, you create your own crosses with size

once you get into usd, you lose all interest in spy, bnd or gld

much more fun to run the scoreboard, than the game

 

[marketsurfer]

Quote from atticus:

I don't tweet and I am no TA guy, but I'll open a twitter account and post some delta1 fills in R/T. It will be 100% TA-based, swing-duration. 1:1 risk on stops and TP. After a month you can report back with an assessment.

I'll PM the account details.

An update on the TA challenge: 2 trades so far----


Close but no cigar on the AUD trade:

Stopped out of the EUR/USD

So far, TA just isn't working.


surf

 

[atticus]

Long from 1.0267 on AUDUSD so that's currently in the green. So down 15 pips marked on two trades and still in AUD. We can forget it if you're going to gloat over the first two trades.

 

[marketsurfer]

Quote from atticus:

Long from 1.0267 on AUDUSD so that's currently in the green. So down 15 pips marked on two trades and still in AUD. We can forget it if you're going to gloat over the first two trades.

True its only been 2 trades. but it has been 12 days into a 30 day challenge, almost the 1/2 way point and the results are one loser and one trade still open.

You can't change your entry or exit points picked in advanced. Otherwise its not fair. I'll not report untill the end of the month, if that's what you want.

surf

PS-- are any of the TA brigade brave enough to take the challenge? I didn't think so--- atticus isn't even a die hard TA guy---

 

[oldtime]

I've been long that aud.usd since back when my mind could remember things, all it ever does is lose me money, but I never added to it, so it was always my smallest position, and then just like losers do, I closed out my profits just so it would not be my largest loser and I could add to it again, but even though it is going up, it is still a loser and now I can't get filled on any pullback, I tell ya man, this trading is a real bitch, if I ever get out of this trade alive I am just going to go raise chickens, or maybe get a job like normal people do, shouldn't be hard, since I have years on my resume of just sitting in my pajamas staring at a screen, how many other walmart applicants can say that?

 

[sheda]

So far, TA just isn't working.

Any one else catch 140 on the eur/usd so far today?

 

[SimpleTrades]

Quote from oldtime:

I've been long that aud.usd since back when my mind could remember things, all it ever does is lose me money, but I never added to it, so it was always my smallest position, and then just like losers do, I closed out my profits just so it would not be my largest loser and I could add to it again, but even though it is going up, it is still a loser and now I can't get filled on any pullback, I tell ya man, this trding is a real bitch, if I ever get out of this trade alive I am just going to go rasie chickens, or maybe get a job like normal people do, shouldn't be hard, since I have years on my resume of just sitting in my pajamas staring at a screen, how many other walmart applicants can say that?

Perhaps that's the only real way to succeed in trading - waiting for that one moment when the "real bitch" finally spreads her legs.

 

[SimpleTrades]

Quote from sheda:

Any one else catch 140 on the eur/usd so far today?

Sure. urrrr....negative 140 to be precise.

Edit: make that negative 148