Going Against The USD
- Thread starter DrawDown
- Start date
The bigger the rate, more the risk, thats is a fact world wide in any paper. Substract the rate to the inflation and the dollar is one of the worst intruments to be on.
From november 2005 to today the FED has only hike the rates and the dollar went from 1.16 to 1.29. For me a hike rate means bad US economy and more risk.
I don't have to know anything about your trades. You, yourself, clearly state what you do. I also did not state anything about your trading as nonsense or make anything up. I just repeated what you said you do. All I did was comment on it and try to help you out with explaining to you that you're not trading, you're gambling. Rather than take the advice and go "you know, I never thought of that", you get all pissy and scream and shout.
You clearly stated you take both sides of the same pair - which any trader on this forum who understands trading will tell you is a flat position. But then you claim I don't know how you trade.
Get mad all you want, but you're the one giving out the info here. I'm just trying to help. And I'm not the one spouting insults.
More with the insults eh? I guess you see my point on the taking both sides issue, otherwise you'd never get so pissed. Stop calling on the mod - I'm not insulting you. You're insulting me. I'm simply trying to help you understand that taking both sides of the pair is pointless. I'm in no violation of any rule ET has, and the mod knows it.
Incidently, there's already a EUR/USD thread open. This one is about the US dollar and whether it's a good idea or not to short it.
Regardless of whether it's good to short it or not (I have my thoughts on the subject, but know you're not interested) it's not a good idea to flat it which seems to be your current take.
Good day.
Incidently, there's already a EUR/USD thread open. This one is about the US dollar and whether it's a good idea or not to short it.
Regardless of whether it's good to short it or not (I have my thoughts on the subject, but know you're not interested) it's not a good idea to flat it which seems to be your current take.
Good day.
Flat vs Open profitable trading.
Since I am Long EUR/USD and Short... at the same time, thought I would post and clarify why trading this way is ANYTHING but being "flat" as some have postulated.
A few trading realities...
1. Only the least-progressed "forex traders" cannot see beyond their own trading abilities... that ain't much.
2. A marked sign of an amateur, non-advancing "forex trader" is: If they cannot understand it nor comprehend it, then it is NOT possible.
3. Because losers cannot win by opening and closing Longs and Shorts at the same time in the same pair, albeit in different trading accounts, they will not admit that real forex traders, better traders than themselves, can actually WIN by doing so.
Consequently, they deny it, and FLAME those who can. Typical reaction of those who trade in Forex Jerkwater.
For 1000s of hours I have traded both long and short accts (the same pair) at the same time, and made money dynamically on both accts at the same time.
The same way I'm doing currently, openly posting my wins in this thread (Long acct) and my short wins on a different thread.
What BUGS losers and FX trading FAILURES is when someone like me comes along and openly demonstrates that winning trades CAN be made both long and short at the same time.
For new FX traders, and those not so new, this thread is a good example of trading an advanced methology.
Please try to bear with the bozos who flame the thread, trying to get it closed, since those currently supposed to change such matters are unable to make the distinction between lesser talent.
FX
1.2498
Since I am Long EUR/USD and Short... at the same time, thought I would post and clarify why trading this way is ANYTHING but being "flat" as some have postulated.
A few trading realities...
1. Only the least-progressed "forex traders" cannot see beyond their own trading abilities... that ain't much.
2. A marked sign of an amateur, non-advancing "forex trader" is: If they cannot understand it nor comprehend it, then it is NOT possible.
3. Because losers cannot win by opening and closing Longs and Shorts at the same time in the same pair, albeit in different trading accounts, they will not admit that real forex traders, better traders than themselves, can actually WIN by doing so.
Consequently, they deny it, and FLAME those who can. Typical reaction of those who trade in Forex Jerkwater.
For 1000s of hours I have traded both long and short accts (the same pair) at the same time, and made money dynamically on both accts at the same time.
The same way I'm doing currently, openly posting my wins in this thread (Long acct) and my short wins on a different thread.
What BUGS losers and FX trading FAILURES is when someone like me comes along and openly demonstrates that winning trades CAN be made both long and short at the same time.
For new FX traders, and those not so new, this thread is a good example of trading an advanced methology.
Please try to bear with the bozos who flame the thread, trying to get it closed, since those currently supposed to change such matters are unable to make the distinction between lesser talent.
FX
1.2498
With all due respect, Drawdown is absolutely right. You simpletons are really missing the big picture here. Don't you understand that you can make big money by having one account that is long and one account that is short? If the market goes up, you sell your track record in the account where you held a long position to trade OPM and you make big $$$ for yourself. If the market goes down, you sell the track record in the account where you held a short position to trade OPM and you make big $$$. This is a sophisticated strategy that has been used by some very savvy money managers throughout the years. Really, it's very simple.
