Going Against The USD
- Thread starter DrawDown
- Start date
Oh no, it's Mr. Market! Won 300 trades in a row! Are you on Hot or Not too, Skalpz?
I'm curious as to why you feel the need to reply three times to one post I make.
Here's the real secret - Instead of winning the last three hundred the way you trade, you would have made more money having lost some and traded the right way. Figure that one out!
I'm curious as to why you feel the need to reply three times to one post I make.
Here's the real secret - Instead of winning the last three hundred the way you trade, you would have made more money having lost some and traded the right way. Figure that one out!
I believe it's his way of moving posts he doesn't want read (like the fact that he messed this call up badly) into the back of the line, so to speak, in an eventual effort to get a thread gone bad closed outright. But I think he'll screw the rest up himself without our help (see chinook's thread).
Somehow I've a funny feeling he's just about halfway there to a new alias.
BNot trying to condemn you at all. But when you go around saying you own the market, and bragging about how you're the god of forex, you don't exactly make a lot of friends - especially if you trade in ways that have been established by many great traders (not me, incidently) as dangerous and wrong.
As for moving the pair out of it's stupid range, you gotta wait for the European open in about 4.5 hours or so.
As for moving the pair out of it's stupid range, you gotta wait for the European open in about 4.5 hours or so.
Ivvy, your intellect NEVER ceases to amaaaze me.
1. You have NO IDEA how I trade, so your making ANY comments or assumptions on my trading methods or styles only makes you look more ludicrous.
But, since I've got your attention... let's talk about systems... since you seemed to be constantly referring to mine.
While we're... "waiting for the European open in about 4.5 hours or so"... maybe others can actually LEARN something here.
I also trade "lots."
However, if you have $1,000 in your acct or $100,000 or $1,000,000... that does not make you any better or worse a trader than someone who has less than you.
Two: It's not about how much you make or lose on a trade, it's about how much of your cap you risk on a trade, and how much you profit based on the risk you take. Making profit consistently is the key.
Let's simplify this.
100,000-units (we'll make it of EUR/USD) = $10 a pip. It's called a Standard Lot.
10,000-units is called a Mini-Lot. It's $1 a pip.
1,000-units is a "Flexi-Lot". It's .10-cents a point.
100-units let's call a "Mini-Flexi Lot." It a penny a pip.
Now, do you have a definable trading system? Because, I do - actually several of them - complete with triggers, exits, stop losses and TPs.
If you do, then you're probably trading one of the set standard sizes mentioned above.
For those reading this (new to fx), an acct can be completely blown out to getting a margin call by trading Mini-Flexi Lots!
Makes no mistakes about that. I've done it.
So, trading bigger does NOT automatically make you a BETTER trader.
Are you agreed so far on this, Ivvy?
fx
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