FXCM Micro Withdrawls

Quote from Stefo:



oh god life is a huge joke :p
More...

Hey, is that you forestgril!!

Life is fun if that's what you mean, you want to try it sometime......if you ever manage to escape that rundown urban-jungle tenement block you live in :p

Rolling green fields, long winding bridle paths, beautiful views and scenery, the sweet smell of success.....
 
Quote from cabletrader:

Hey, is that you forestgril!!

Life is fun if that's what you mean, you want to try it sometime......if you ever manage to escape that rundown urban-jungle tenement block you live in :D

Rolling green fields, long winding bridle paths, beautiful views and scenery, the sweet smell of success.....
More...

I really hope for your sake that 1% of what you say is true

because one day you'll realize you wasted your time on internet making minimum wage shilling for bucketshops

I can only image the rage you will experience at that time
 
Quote from Stefo:

I really hope for your sake that 1% of what you say is true
More...

Why 1%, I don't live a particularly extravagant lifestyle, this is just normal living in a reasonable area of semi-rural England, it's nothing exceptional.

I can't begin to imagine what kind of life you lead if you think my unglamorous rather conservative lifestyle is beyond belief!

Don't wallow in your own self-pity and envy, get up and do something about it if you got dealt a bum hand in life!
 
Quote from cabletrader:

Why 1%, I don't live a particularly extravagant lifestyle, this is just normal living in a reasonable area of semi-rural England, it's nothing exceptional.

I can't begin to imagine what kind of life you lead if you think my life is beyond belief!
More...

oh so you are English, that would explain higher than average IQ for ET although still relatively low

Europeans are better educated, I am sure you noticed the level these Americans operate on. (rolling eyes)

You being English also explains your affinity toward bucketshops, in a way you people had to accept brokers like CMC and trading CFDs etc

I must tell you though, people in North America want the real thing and those like me prefer absolutely that trades are real and not CFD CMC type of game
 
Quote from Stefo:


You being English also explains your affinity toward bucketshops, in a way you people had to accept brokers like CMC and trading CFDs etc
More...

I'm not sure I'd say affinity it was more a case of hobsons choice, in fact I was one of their first clients when they released the web-based Deal4Free platform in '96 (later branded Steal4Free by the City!), it was the dogs bollox as no-one had ever seen anything like it before! Trading online, wow!

Damn, they even got industry awards for that pile of crap!

The bottom line is people have to go with what they're familiar and comfortable with and what works for them in my opinion, why fix what ain't broke?
 
Quote from cabletrader:

I'm not sure I'd say affinity it was more a case of hobsons choice, in fact I was one of their first clients when they released the web-based Deal4Free platform in '96, it was the dogs bollox as no-one had ever seen anything like it before! Trading online, wow!

Damn, they even got industry awards for that pile of crap!

The bottom line is people have to go with what they're familiar and comfortable with and what works for them in my opinion, why fix what ain't broke?
More...

I've seen your trades if I can assume they are real trades

clearly you enter twice, second time you add to a lower price hoping to recover a losing position

Lets assume for the moment that you have a system that works for you despite obvious averaging down

Your goals of 10 pips or less up or down, isn't scalable even on FX, and broker not being ECN would have to add even more problems eventually

How I do things is I want to be able to trade as a hedge fund and as a trader, I only pursue strategy that is fool proof scalable, good luck
 
Quote from Stefo:

I've seen your trades if I can assume they are real trades

clearly you enter twice, second time you add to a lower price hoping to recover a losing position

Lets assume for the moment that you have a system that works for you despite obvious averaging down

Your goals of 10 pips or less up or down, isn't scalable even on FX, and broker not being ECN would have to add even more problems eventually

How I do things is I want to be able to trade as a hedge fund and as a trader, I only pursue strategy that is fool proof scalable, good luck
More...

I prefer to call it 'scaling in' but whatever it's labeled is academic, it works as can be seen from the numerous blotters I've posted when replying to the naysayers. I have clearly defined risk and money management parameters so scaling two, three, or even four positions isn't a problem. On the other hand averaging losers indefinitely in the hope of a rebound would be a different story, that's a mugs game and an eventual account buster as I'm sure many in the trader's graveyard will testify!

Why does it need to be scalable though, I'm not compounding, I withdraw excess funds each month and I have no desire to trade client funds any more, been there, done that, most clients are a proverbial pain in the arse! I'll keep on with the ones I've got as long as they behave themselves but I don't need to scale this up as it produces a decent return and ample income as it is.

I'm getting instant fills and near-zero slippage on multiples of 250k in pretty much all market conditions, Oanda (the shop I use for scalping) have absolutely no problem with that kind of volume or with my scalping trading style, I've actually spoken to the man himself on that very subject.

What's the saying, "don't change your socks in the middle of the world series!"? I can't see me changing mine any time soon, I've got quite attached to them really :)
 
Quote from cabletrader:

I'm not compounding, I withdraw excess funds each month and I have no desire
More...

LOL whatever you say

you don't compound, you don't want more money

you are happy with paycheck to paycheck in trading terms

LOL whatever you GOD OF LIES

go screw some poor guys out of their hard earned money

scum :mad:
 
Quote from Stefo:


you don't compound, you don't want more money
More...

Not at the expense of other things, no.

Hopefully one day you'll realize there are more important things in life than money, it's a means to an end is all, it's not the be-all and end-all of life. You've only got to look at Wall Street today to see a poignant example of how destructive greed can be. You're a typical example of the average angry and frustrated under-achiever who always wants more, you'll never be satisfied. You'll wake up one day and find that life has passed you by, and then suddenly realize that you never actually achieved anything meaningful in life, and it wasn't even that much fun.

I trade because it offers me the income and allows me the freedom to do other things which I enjoy, why would I want to be a slave to making more and more money and creating a headache for myself when I'm quite content with what I've got?

You can chase rainbows and dreams if you like, I've already achieved mine and I'm perfectly content with my lot in life.
 
Quote from Stefo:

I've seen your trades if I can assume they are real trades

clearly you enter twice, second time you add to a lower price hoping to recover a losing position

Lets assume for the moment that you have a system that works for you despite obvious averaging down

Your goals of 10 pips or less up or down, isn't scalable even on FX, and broker not being ECN would have to add even more problems eventually

How I do things is I want to be able to trade as a hedge fund and as a trader, I only pursue strategy that is fool proof scalable, good luck
More...

Not averaging down or scaling whatever you call it is only recommended for amateurs who cannot handle the very nature of markets.

How does ecn or not make scaling more scalable ?

What do you mean by fool proof scalable ? care to explain ?

Thanks in advance
 
You must log in or register to reply here.
Back
Top