Double my money (forex)

Ubertrader · Mar 7, 2006

Do we now call you Mr 50%?????

mr double · Mar 7, 2006

Quote from Ubertrader:

Do we now call you Mr 50%?????

bought eur/usd 1,1876 and 86
1,000,000 each,stop lost margin call

rarhoads · Mar 7, 2006

Quote from mr double:

bought eur/usd 1,1876 and 86
1,000,000 each,stop lost margin call

Why the bigger size on this trade? Do you have a very high conviction? Is increasing your size something you would do with real money as the account was running out of money?

Buy1Sell2 · Mar 7, 2006

Quote from rarhoads:

Why the bigger size on this trade? Do you have a very high conviction? Is increasing your size something you would do with real money as the account was running out of money?

I think it would be ok for him to increase size if he had a better record or a LOT MORE capital--

or would stop out with much smaller losses.

mr double · Mar 7, 2006

Quote from rarhoads:

Why the bigger size on this trade? Do you have a very high conviction? Is increasing your size something you would do with real money as the account was running out of money?

big is good ,more money

always do
probably not

Buy1Sell2 · Mar 7, 2006

I'm fairly certain by the way that Mr Double is actually the former ET poster drafs.

rarhoads · Mar 7, 2006

Quote from mr double:

big is good ,more money
always do
probably not

Enough is enough. I've wasted enough time on this crap.

mr double · Mar 7, 2006

Quote from rarhoads:

Enough is enough. I've wasted enough time on this crap.

he didn't like the answer

mr double · Mar 7, 2006

Quote from mr double:

bought eur/usd 1,1876 and 86
1,000,000 each,stop lost margin call

closed one break even,another stop at 1,1876

Ubertrader · Mar 8, 2006

Quote from mr double:

big is good ,more money
always do
probably not

So, assuming I've not been lost in cyberspace and have missed another few pages of this journal, you have lost 50% of your account in just under a month (when you professed to double it)
and now you are doubling your size in order to recoup your losses...right?

My what an example you are!!!

Perhaps an example of how not to make claims you can't substantiate, or of how to do your dough in FX or (most importantly for all you newbies out there) of how to absolutely never trade any markets FX or other!

I'll give you the benefit of the doubt however as you have approx 3 days trading left so a couple of $10 million winners over NFP would set you back on track!!!!!!