Whoo, you even managed to switch currencies in all that from g/u to e/u! : I get what you mean though. Personally, I added to my long again, rather than "hedge" or close/reverse/close/reverse. I just wanted to understand the logic a bit better.

whats with this "hedging" thing??

Damnit! I had to chirp up didn't I. It just shed 20+ points since my post.

Cesarnc's market talk, gossips, rumours & fun

When you said flat, did you mean +200 Svetlana? : Hang on... jumping the gun aren't I... still trading time left.

Cesarnc's market talk, gossips, rumours & fun

I don't ever use the "feature", as my brokers don't allow it, but just had a quick question to those that do, or understand it better maybe. I'll keep it simple for the sake of keeping it "light reading" and quicker to sus what I'm inquiring about. ...

whats with this "hedging" thing??

Yeah! The stop the violence ones. Great aren't they. It's like "patty cake, patty cake..." one minute, then some guy yellin abuse at another driver on the road... bril. They always make me jump, as you never know when the parents are gonna snap!

Cesarnc's market talk, gossips, rumours & fun

Aaahhh. Suddenly it's all so clear ! :surprised

Cesarnc's market talk, gossips, rumours & fun

If you are disciplined enough, or have someone watching/helping you, you should set yourself simple "safety stops". For example. If you drawdown more than say 8% on last months closing equity balance. You withdraw your own trading privileges. Stop ...

Those who trade for other people...

You gotta give something to the simple logic that it follows though. (well, in my simple mind anyway) The moon (and other celestial bodies) influence bodies of water, like the ocean. Humans are made up of what, +-70% water. The market is made up of ...

Cesarnc's market talk, gossips, rumours & fun

^^ Maximising screen-time.

Cesarnc's market talk, gossips, rumours & fun

No worries. I'm just glad to see someone else is serious about regulation in this industry. A very many aren't. And it is a double-edged sword. It doesn't only protect your clients and their funds, but also the trader/fund manager/whatever.

Those who trade for other people...

Dunno dude. I'm on the other side of the ocean! :

Those who trade for other people...

Aahh, yes, apologies, I forgot about the FINRA sponsorship thing. Series 65 then. No sponsorship required as far as I know, and nothing's changed in the CFTC's regs.

Those who trade for other people...

Have a read up on it. It's like the mother of all certs to do in the us I think. I covers just about every security and derivative tradable. Regulation. Risk Management. Investment Management. I don't even know what else, as I'm not US-based. It's a ...

Those who trade for other people...

It is YOU or the "entity" you trade as that requires regulation, not the accounts. If you are us based, you can do and serious about it, do something like the series 3 certification series 65 is for regulated independant advisors series 7 if you ...

Those who trade for other people...

Ok... I wasn't going to mention any particular firm, but. (I'm gonna regret this I know) Interactive brokers have a "Friends and Family Advisor" account, that allows you to trade I think up to 15 accounts without having to be regulated. I say again, ...

Those who trade for other people...

No. Power of Attorney, or Limited Power of Attrorney rather, only gives you the right to execute trades (ie open, adjust and close positions) with their funds (often it is only on their request, check the legalities carefully). If their "permission" ...

Those who trade for other people...

I personally think it depends who "they" are. I only trade for people I know, or people who know people who know me (huh? did that make sense? friends of friends if you like and cause I'm not allowed to solicit business accoring to regulatory bodies ...

Those who trade for other people...

The other importan cycle I thought I'd drop in here before I p-off is the more subtle change cycle, or change curve. I only mention it because, as evolving traders, we are, or should be rather, continuously changing and managing change. The thread ...

Honest answers please! Are you successful trading on Forex or not?

That is acutally a very well know process that all humans go through, to learn anything. I think the Soul added the eureka moment though, as the conventional learning cycle only has four. Very valid article though. Nice one!

Honest answers please! Are you successful trading on Forex or not?

Yeah, way to cutsie for me. I'm a console man myself. Run linux at home. {well if truth be told, I have to dual-boot my laptop, as I have to run xp on it for the mrs. and kids} 2000-workstation at the office is as much MSFT as I can handle.

The Ultimate Fallacy in Technical Analysis