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the redlion replied Sep 7, 2011never have...... a professional that at the end knows nothing about the market, economists are always wrong, and i bet you those professionals know as much as i do where the market will be tomorrow.......i really dont know. anyway my point is giving ...
What are fair managed account terms?
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the redlion replied Sep 7, 2011he doesnt trade well the client takes it in the ass. people that let other people handle their money, might as well wipe their ass with it. loss to the client, a profit to him at no risk. the client is at the mercy of an a hole, will get commissions ...
What are fair managed account terms?
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the redlion replied Sep 7, 2011sounds like a shitty deal makes money off of you, at zero risk to him, i would tell him to go suck a lemon
What are fair managed account terms?
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the redlion replied Sep 7, 2011what happens if he loses your funds, will he pay you back?
What are fair managed account terms?
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the redlion replied Sep 7, 2011in normal times the only currency i watch is the USD nowadays, with all the interventions and manipulations, the correlations are somewhat blurred by the way, if you are Hispanic, SHAME ON YOU!!!! you spelled your name wrong!!!! please learn your ...
Currency Pairs Individuality
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the redlion replied Sep 6, 2011should be interesting. regarding fti i havent talked to him so i dont know i hope he is well. i will email him soon
Technical Analysis Fallacy
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the redlion replied Sep 6, 2011daily open is a reference point lets me see how price is moving relative to daily trend, that is all it is. i see the candle in real time, what im looking for is strength of the underlying force buying or selling pressure daily SMA i dont generally ...
zero number game zeroing me out!
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the redlion replied Sep 6, 2011hahahha i got my own style, i am aware of TA but i cannot predict price so, i trade in a way that makes sense to me. i dont have any lines on my chart but the daily open, and maybe the hourly SMA
zero number game zeroing me out!
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the redlion replied Sep 6, 2011i bet you were over leveraged and were not watching your trade properly
zero number game zeroing me out!
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the redlion replied Sep 6, 2011its not about intellect, and i never said you were mediocre i respect you, i have seen your posts, this is just an area we disagree on and its based on trading style. as you pointed out my limited experience, yet if it works improve on it but don't ...
zero number game zeroing me out!
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the redlion replied Sep 6, 2011so you are deducing that i trade pennies a pip still, just like when i started? a strategy that is sound achieves good results, can be used with a 1000 account or a 1,000,000 dollar account. however if the traders cannot bring himself to stick to ...
zero number game zeroing me out!
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the redlion replied Sep 6, 2011wow. every one is so happy gambling away and when wrong taking a loss. instead of properly assessing market conditions, scaling in with proper position sizes, and managing the risk interactively. yet im the new guy that will learn. 20 pip stop 40 ...
zero number game zeroing me out!
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the redlion replied Sep 6, 2011we are at a crucial point right now, after SNB intervention speculative trade injected some life into the euro, however, at this level, we really will see what the Banks are up to. the Field is set, weak longs were taken off, the big stop cluster ...
Technical Analysis Fallacy
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the redlion replied Sep 6, 2011im still with no stop loss. whats your point? are you speculating, investing or gambling this is the question to ask yourself. stop loss is for gamblers, that enter a position and believe the market will move that way, and if it doesnt they get ...
zero number game zeroing me out!
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the redlion replied Sep 3, 2011if you run forward at the enemy and cuts you down with machine gun fire, you simply run backwards at the enemy and you will win?

if 99% fail why not reverse what we trade
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the redlion replied Sep 2, 2011i do agree that if you need a stop loss you are not properly managing your trade. there are 2 approaches to trading, the guy who puts a SL, and TP risking only 1% with R:R ratio of 2:1 he thinks he is being a good trader. in fact this is b/s most ...
zero number game zeroing me out!
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the redlion replied Sep 1, 2011i do agree with you that S/R are important, many traders base their style on them, i used to use them myself. I have used every indicator on the book till, i was influenced by FTI and Crucial Point. Then i began questioning why the usage why the ...
Debate on technical tools
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the redlion replied Sep 1, 2011yeah i think if one wants to be serious about this business one needs profit targets and a withdrawal plans, to keep in cash or put away for retirement. something to think about
Unfathomable questions about trading forex
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the redlion replied Sep 1, 2011as i said earlier i believe that prices cannot be predicted, but the behavior of price obviously can be anticipated. i personally focus on measuring the market to tell me tangible information as to base my trades. i believe there are patterns in the ...
Debate on technical tools
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the redlion replied Sep 1, 2011he is right, large risks can potentially bring large profits, but big losses as well, having an understanding of volatility gives you a realistic expectation of what are normal deviations. he is using S/R to measure actual current volatility, price ...
Help required with respect to GBP/USD