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Chicky replied Apr 30, 2009I am waiting for a break to paly with a full postion as soon as it occurs, either north or south. Not sure of medium term direction. The last higher low for April 27 and 28 on daily does not let me go short on a bigger timeframe for now. RR on longs ...
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Chicky replied Apr 30, 2009Gator, How are you doing? I am almost out, carrying just a tiny long.
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Chicky replied Apr 30, 2009[quote=smithbry;2707198] SOS (or SMA i.e. save my A$$) Someone kindly tell me what is margining 100%? I am really puzzled.


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Chicky replied Apr 30, 2009
There are old traders and there are bold traders, but no old bold traders. ps. Still wondering. Is it possible to margin 100%? How? Sorry for my ignorance, i am under great stress, lost about 0.03% of my account since yesterday after been up ...EURUSD
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Chicky replied Apr 29, 2009Trader69, it is sweet so far, but do not ignore possibility of it turning into bitter as well. I spot a higher low on daily that may become a strong support. I am careful with MM while being short.
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Chicky replied Apr 29, 2009Sure. Cashing and re-entering my shorts at higher levels. But finished with that now. Sitting on shorts and looking for below 1.3000 in few days

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Chicky replied Apr 23, 2009Leverage 1:20. Maximum risk on any move: not more than 1%. In extreme cases: 1.5%. Number of positions on one move: from 10 to 20 (each representing 1/10th of one percent to 1/20th of one percent max risk on my account balance).
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Chicky replied Apr 23, 2009Knuck, your compliment means much to me. I am learning and trying to share.
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Chicky replied Apr 23, 2009Gator, It did not retrieve much during second half of NY session, which maybe a sign of strong PA. I have plans to open more shorts near 1.3400 or even before if PA faces strong resistance 150 pips above from here. But would prefer having an average ...
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Chicky replied Apr 23, 2009Adding another short to make my postion 2/10th of usual. The bullish move of today wasn't very convincing. It is 250 pips short of what I expected for today. May go further up by friday close providing chance of opening a couple of more short ...
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Chicky replied Apr 23, 2009What you are talking about? Are you still living in the year 2009? Energyzation was considered next to impossible then. People beleived in values and ethics crap, etc. 95% of currency traders were failures (yes 95%) and that in only dealing in a few ...
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Chicky replied Apr 23, 2009For three reasons, my friend 1. Your trades are not persistent 2. Your stoplosses are bigger than your takeprofits (not when you set them but when you actually close your positions) 3. Your bites are bigger than what you can swallow Think and let me ...
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Chicky replied Apr 23, 2009Trading and patience don't go together
however, fear, greed, indecision and impatience do. Show me a trader who enters only when confident; gets out as soon as target acheived; stays at sidelines most of the time waiting for right opportunity to ...EURUSD
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Chicky replied Apr 23, 2009Many who tried this are also among that 95%. But as far as I know very close to 100% traders lose. Why? because they don't want to win. How? They accept profits far less than risk they take. If you want to play in reverse direction, this is the ...
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Chicky replied Apr 22, 2009One quick question if someone had tried this. Do you think there is much less noise on a 5 second chart?
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Chicky replied Apr 22, 2009Very high if it keeps on hourly closing above Thursday EST 1:00 am close from this time to NY open. Maybe near to 1.3400. But if PA does not hourly close above 1:00 am close most of the time until NY open on Thursday, It is unlikely to touch even ...
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Chicky replied Apr 22, 2009In my humble opinion, if it makes a higher low in next few trading days, this or next week, we may see a decent retrace up. The next destination from there unknown to me. However, my own trades will remain short until in gets to 1.3600
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Chicky replied Apr 22, 20098:50 pm is my hometime right now. I am under night curfew at the moment in an African border area. It will be dawn soon.
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