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- BeginnerJoe replied Nov 22, 2013
Sure I can. Your are not one outside the 99.9%. From all your posts, I have not seen anything that would indicate you can escape from that group. To be someone consistently successful, you need something special.
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
If -19 pips doesn't make you happy. How about -59 ? I can carry the drawdown indefinitely, and I am perfectly happy. I would be even happier if it keeps going to -250 pips. I am getting no load on aud. I now change my bias to neutral. I will be ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 22, 2013
Well I am not going to wait for that. I am taking what I have in my long. Maybe my short will come into profit later.
EURUSD
- BeginnerJoe replied Nov 22, 2013
Yes. They are export oriented. A weak currency is good for their business.
EURUSD
- BeginnerJoe replied Nov 21, 2013
My bias remains regardless of the 100 pip wrong. As for usd/chf, I am disappointed it didn't move much against me. I was hoping for more. If it makes you happy, it stands at -19 pips. I post chart when I see a reason. But my trading technique is not ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 21, 2013
Very good. He had a business background. That gave him tremendous advantages in being able to see forex as just like a normal business. Additionally, he had patience. This combination gave him everything he needed to succeed. His preference for ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 21, 2013
I am long and short. I am getting every penny out of this thing.
EURUSD
- BeginnerJoe replied Nov 21, 2013
A lot of people don't know how to size their trades. They think that they have to bet the whole account in order to make that 0.1% profit. For them, stop loss makes sense because they are really gambling. For people who know how to size their ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 21, 2013
The turn on gbp could be near. But I don't think eur is going to do anything. They will leave it to drift for a few more days.
EURUSD
- BeginnerJoe replied Nov 21, 2013
Well they have certainly gone all out to get the gbp shorts today.
EURUSD
- BeginnerJoe replied Nov 21, 2013
They have no need to learn. You tell them where your stop is, and they make you buy high, sell low.
EURUSD
- BeginnerJoe replied Nov 21, 2013
I need to go long in something. Any tips, excluding eur/usd ?
EURUSD
- BeginnerJoe replied Nov 21, 2013
It's not confused. It is going up to knock out all the shorts.
EURUSD
- BeginnerJoe replied Nov 21, 2013
Not until they take out all the shorts with a big rally. Then all the shorts will go long. I am not sure which is more predictable. Banks or retail forex.
EURUSD
- BeginnerJoe replied Nov 21, 2013
Maybe a stop would have saved you. I think too many shorters in gbp. They are not going drop the price until these shorters are shaken out. A big rally could do the trick. All my pips so far came from my aud shots - eur/aud, eur/nzd.
Trading Without a StopLoss
- BeginnerJoe replied Nov 21, 2013
I remain biased. This is business and not crapshoot. Strangely enough, I have not taken on any positions. The position will load itself when ready. As I explained before, it's an active process. You are too easily influenced by what has already ...
Trading Without a StopLoss