My trades

Buy1Sell2 · Feb 6, 2006

Quote from illiquid:

ES, if you were holding yourself to a higher standard (of honesty I assume), wouldn't you mention that those % returns for a variety of pairs you listed includes the use of leverage, and that the same leverage will easily wipe out any principal you are basing those returns upon?

I had sort of suspected that --that is why I trade one EUR/USD contract on Globex per 25k of equity. Also, I noticed that with the high interest carry, there was still only 2 to 5% per month--didn't make sense. Anyway, thread will now be returned to drasf who by the way lost his accent in the last post

drasfs · Feb 6, 2006

New order

I just bought eur/usd at 1.218

Stop loss at 1.211

Tp at 1.229

One lot

drasfs · Feb 6, 2006

Two trades so far, both winners, and total pips for today is 21.

ElectricSavant · Feb 6, 2006

ok fair enough...use 1/5th of 50:1 then...hmmm..thats 50%? yield to do nothing at all? A young lady emailed me and told me she entered 50 bucks a month in EUR/HUF for several years and never got close to margin call...she said she never looked at charts...lol...and gawd forbid...she asked me how to Hedge!

Quote from illiquid:

ES, if you were holding yourself to a higher standard (of honesty I assume), wouldn't you mention that those % returns for a variety of pairs you listed includes the use of leverage, and that the same leverage will easily wipe out any principal you are basing those returns upon?

drasfs · Feb 6, 2006

already used one lot

drasfs · Feb 6, 2006

update:

New stop order

1.219

drasfs · Feb 6, 2006

Position closed as it reached expected target.

Profit 8 pips. which gave me 80 dollar.

Summary for today(which is also the first day) so far:

3 trades, 3 winners, which totals 29 pips. Return on equity for today is 16.1%

drasfs · Feb 6, 2006

A new order might be on its way a bit later, as im going to do some heavy research the next hour.

sKaLpZ · Feb 6, 2006

Quote from Ripley:

It doesn't surprise me b/c you are a Comaedian, even though I never get your jokes.

You are joking? no... or explain one rationale for you to be long GBP/USD right now...

yo Ripz,

I think Kastro is shaping up to be a contrarian - and, if he continues, a damn good one.

The dude just nailed over 250-pips on two single EUR/USD shorts in a row and he's still fairly new at the game - an amazing feat.

Kindest regards,

Zskalper

sKaLpZ · Feb 6, 2006

Quote from drasfs:

Actually Im intending on doing something very bold and adventerous.

Im intending on investing all 8000 dollar ive just got from a lending institute to fund my studying today.

And buy 6 lots on a pair that I think will give me about 100 pips.

Im still undecided

OMG... I smell smoke in the air....

anybody up for a marshmallow roast?

lmao