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- qweabc replied Jan 20, 2009
She worked her way up. She was mostly counter trend trading and luckily the market was ranging.
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- qweabc replied Jan 20, 2009
Wow. Cable got hammered, unfortunately it didn't give me a signal. Traded the franc, and made 50 pips though. Why the hell are so many people trying to pick bottoms? I wouldn't have the balls to do it! Seriously doesn't the thought of going against ...
Cable Update (GBPUSD)
- qweabc replied Jan 19, 2009
I think long term the pound will go waayyyy lower, now that it broke through the wedge.
Cable Update (GBPUSD)
- qweabc replied Jan 19, 2009
Was short from 4283, got out at 4196. Missed most of the 900 tick move, but oh well... Atleast I didn't try to buy and lose a ton of money. Anyways guys, I suggst to wait till the mkt reverses, AND TELLS YOU THAT IT IS GOING UP. regardless of if it ...
Cable Update (GBPUSD)
- qweabc replied Jan 19, 2009
how about, we call agree on one direction and push the market? Everyone put market orders in one direction at the same time...
Cable Update (GBPUSD)
- qweabc replied Jan 18, 2009
those who think im BSing about working for a large trading desk, feel free to check my previous posts. Ive mentioned this before, and didn't make this up to bump up my credibility in this thread. Unfortunately, I cant give out details. Wouldn't want ...
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- qweabc replied Jan 18, 2009
You mean the CNBC? I think they start off with like 100k fake money.
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- qweabc replied Jan 18, 2009
I take it that you've never read anything on human psychology or how it relates to trading. (Keyword: overconfidence) This is proven research, and not a figment of my imagination. Unfortunately, I can't say the same about your "theory". I hope you ...
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- qweabc replied Jan 18, 2009
lol. that wasn't for you btw. Don't flatter yourself. I'm trying to help out those who still don't understand MM. If you do, thats great! If you want to continue this pointless discussion, feel free to do so. I wont be responding.
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- qweabc replied Jan 18, 2009
I could be among that 95% btw. I'm not trying to start an e-fight here. Just stating some facts.
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- qweabc replied Jan 18, 2009
majority? 95% of these people wont make it. Some will be smart n quit early (cut your losses) and the others will keep trying. And one day, they'll end up on the streets. This is the sad reality of the game. Im not trying to be mean here, just ...
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- qweabc replied Jan 18, 2009
errr...ok. Im in the business of trading. Working for a large trading house. I get training from some of the biggest traders in the derivatives world. If you can't understand risk, you are wasting your time, money and effort. So if you think that a ...
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- qweabc replied Jan 17, 2009
I dont believe in any such thing as a "gift". She has a hard time changing her direction on a pair. I saw a couple of times, the market was telling me that it would be moving higher, and she would not cover her shorts. She told me that she was ...
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- qweabc replied Jan 17, 2009
I believe most brokers do the whole you put some money in, and we'll give you some more for free thing. I cant think of anyone who gives free cash to start off.
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- qweabc replied Jan 17, 2009
I'd rather spend that 25 or 50 or 100 dollars on eating out or something than put it into the market with a very small likelihood of making it big. Clockwork - I guess the noobs can understand what the hell Im trying to tell them.
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- qweabc replied Jan 17, 2009
yes, she did. She is smart enough to understand that one day she will lose it all. Maybe in the future she will get the urge to do it again, and deposit some money without telling me.... I don't want ot encourage that kind of behavior (no MM). Thats ...
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- qweabc replied Jan 17, 2009
that isn't mentioned on the fxcm site. I don't think they care. Email them and find out.
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- qweabc replied Jan 17, 2009
they know that u will lose the 25, deposit more and lose that too. Thats what they want. So, beware. FXCM micro is most likely a bucketshop operation. Their website says that they may or may not offset client trades. Most of us can guess what they ...
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- qweabc replied Jan 17, 2009
it seems to be. just go to cnbc's miilion dollar challenge website
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- qweabc replied Jan 17, 2009
I understand that it was simply a fluke. Markets were trending like crazy. Better to put 1000 $1 bills in a pile and set them on fire than put it back into the market using no money management. The pile would atleast give us some heat, while the ...
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