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

Quote from oldtime:

I'm short eur.cad

and have been for quite some time

Well of course you are. You always seem to be shorting the EURO one way or another. By the way, didn't you go short EUR/USD somewhere around 3200. You must be feeling pretty good about that trade. Well done. I went long at 3100 (.39960 to be precise)
 
Quote from SimpleTrades:

Well of course you are. You always seem to be shorting the EURO one way or another. By the way, didn't you go short EUR/USD somewhere around 3200. You must be feeling pretty good about that trade. Well done. I went long at 3100 (.39960 to be precise)
that's just one trade out of a thousand

no, I don't feel good about it

if I felt good about it I would have to feel bad about the other ones, because I am a very fair man

otherwise, yes, I am short eur

it's nothing personal
 
Quote from oldtime:

that's just one trade out of a thousand

no, I don't feel good about it

if I felt good about it I would have to feel bad about the other ones, because I am a very fair man

otherwise, yes, I am short eur

it's nothing personal

Well you just keep shorting the Euro because everytime you do I make more money. Nothing personal, of course. :p
 
Quote from SimpleTrades:

You mean buy to cover don't you, or are you adding to your current short?
no, I never cover, all I do is add

if I get a pull back (pull up) to 3096 I want to short some more
 
Quote from SimpleTrades:

You cover indirectly with a stop (ideally a trailing stop if profitable)?
no, never trailing stop

adding a trailing stop was the one tweak that just turned the whole thing to hell

no, never a trailing stop

I don't use stops

once you get stopped out that money is gone

there it sits in your realized pnl never to be recovered again

and these kids talk about it like it is no big deal
 
Oldtime, you got me really confused. If you don't use stops, don't use trailing stops, don't cover, how the hell do you ever get yourself out of a trade with money?

Yes, you're just messing with me. You told me yesterday that you were stopped out of your shorts, or were you caught without your shorts? :D
 
Quote from SimpleTrades:

Oldtime, you got me really confused. If you don't use stops, don't use trailing stops, don't cover, how the hell do you ever get yourself out of a trade with money?
well first of all, since I average down, I don't end up with a full load unless I am really wrong

and once I have a full load on I have no choice but to scale out with stops

and it's a real bitch when one gets hit because that is money that is gone, poof, vanished

taking a profit is a different matter

I don't like to talk about it

It is a kind of a sacred moment

But when it's been a while it is not uncommon to have a pre mature ejaculation
 
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