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Taigen replied Jan 8, 2012[quote=abinezer;5276541] You should be trading 10 cents a pip to about 10k or 20k then depending on your broker go 50 cents or a dollar a pip. When you get to 2k in your account your 1% would then be 20 cents a pip. You should rarely stop out. If ...
EURUSD
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Taigen replied Jan 8, 2012Good grief! You don't have to apologize for a thing. Some around here go on a scouting party trying to get offended. I thought it was cute and please, please, please keep it up! Chicky is probably some jr high kid anyway discovering he can say the ...
EURUSD
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Taigen replied Jan 8, 2012Anyone, as well as I, who is successful would tell you that you should not trade with a lot size any bigger than .10. Most here, and many are successful at it, trade with just one position--I don't. I'm just not that good at finding the tops and ...
EURUSD
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Taigen replied Jan 8, 2012Here's the thing with all currency pairs and their price valuation: they go up and then they go down and then they go up again and then... Retracement is always a certainty with any pair. Just an opinion but you should concentrate on developing ...
EURUSD
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Taigen replied Jan 8, 2012I mostly do short term short but I wish I stayed long term when I positioned at .5200. There is no reason for this pair not to test the 1.18 area and even go for parity. If it does go into the teens, there will be nothing but talk about going parity ...
EURUSD
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Taigen replied Jan 5, 2012Why do I leave so much on the table..... — I'm just too cautious but maybe not. I'm starting to get my daily, weekly, and hopefully monthly targets on track. I actually have a few buys in hoping it will bump so I can put a zero stop on it and ...
EURUSD
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Taigen replied Jan 4, 2012Well, I'm out... — and increased both accounts by 4%. You counter trend guys amaze me. But I'm glad you're there. It gets me ready for my next short.
EURUSD
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Taigen replied Jan 4, 2012Yes. I'm going to ride it as much as I can. If it breaks 2950, it will probably be tested around the 2920 to 2910 area. Have to wait and see.
EURUSD
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Taigen replied Jan 4, 2012This has been a nice ride so far... — I was able to get 2% in both my accounts but I'm two days behind target. Would be nice if it continued into the 2800's.
EURUSD
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Taigen replied Jan 3, 2012What do mean by retracement? My charts tell me that it already hit the retracement and if it breaks around 2850 or so, it should drop like a rock. I personally think that it should go to parity this time but perhaps not.
EURUSD
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Taigen replied Jan 3, 2012I perhaps would not go to that extreme that '...education is everything...' Sometimes it was my education that got me in for an interview but it was hands-on that not only increased my experience but increased my knowledge. Education will never ...
EURUSD
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Taigen replied Jan 3, 2012When I first saw your post I was surprised by such a prediction. But apparently you were right. Even though I'm short that was a great call.
EURUSD
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Taigen replied Jan 3, 2012I have no doubt you can do it. Success begets success. Apply reasonable risk and you will be surprised how quick you will recover your funds.
14 Year Old Forex Trader's Lessons
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Taigen replied Jan 3, 2012You will never find the top for a short or long so what I do is 'interval shorting' so to speak. I enter a position around a resistance if it breaks through all that means is you have another opportunity to short. Of course this only works if you ...
EURUSD
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Taigen replied Jan 3, 2012Been shorting all the way... — since 2980. Some of you longs are by now raising your glasses. My time will come. Would like to squeeze another short around 3080 or there abouts. Mabee I'll get some shorts in the 3100's. Either way--winning!!!
EURUSD
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Taigen replied Dec 31, 2011I know that it sounds aggressive and that I only have a three month record averaging 54% per month but, at the same time, I feel that it is a reasonable goal. Maybe I'm looney tunes. October I was at $1072 to $1708. November I was $1708 to $3050 and ...
14 Year Old Forex Trader's Lessons
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Taigen replied Dec 30, 2011Why should I have vouchers? All I have are my words. First off, I'm not sure what vouchers are anyway. This January, it is my intention to set up a 2k account on Trade Explorer. Then anyone can see my successes and failures. My goal is to break 100k ...
14 Year Old Forex Trader's Lessons
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Taigen replied Dec 30, 2011I meant to ask... — How you doing for an account? You may have mentioned it through your posts but I just skimmed through some of the pages. Are you back to a demo account or were you able to acquire more funding? If so, have you been able to ...
14 Year Old Forex Trader's Lessons