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- BeginnerJoe replied Nov 25, 2013
Wise indeed. No indicator can predict the next red or black. This is why I bet on both.
EURUSD
- BeginnerJoe replied Nov 25, 2013
You do ? I use only 1 name. But it's ok. I tend to make everyone think I am someone else. No idea why.
EURUSD
- BeginnerJoe replied Nov 25, 2013
They have as much indicators as you have here. But it did them no good.
EURUSD
- BeginnerJoe replied Nov 25, 2013
What about the guy on the other side of your trade ? Doesn't he get a say in it ? Do you think he will just give you his money ?
EURUSD
- BeginnerJoe replied Nov 25, 2013
I don't claim to be right, I am right. I get pips whenever it goes up or down.
EURUSD
- BeginnerJoe replied Nov 25, 2013
They are gambling, and only pretend to know where it is going.
EURUSD
- BeginnerJoe replied Nov 25, 2013
I have no idea what kind of forex I am trading. But the cost is acceptable relative to the cash I can generate.
Trading Without a StopLoss
- BeginnerJoe replied Nov 25, 2013
Yes, when something is down, I go make money from something that is up. I see no reason why -1000 pips should bring trading to a halt. When the trade is properly sized and properly conducted, even a 5000 pip loss don't need much equity wealth.
Trading Without a StopLoss
- BeginnerJoe replied Nov 25, 2013
Not entirely sure of your stance. Are you offering a solution or giving a critique ? Do you mean to say to exit a 1000 pip loss, hedge can be used ? Or do you mean to say a 1000 pip loss is due to bad money management ?
Trading Without a StopLoss
- BeginnerJoe replied Nov 25, 2013
Strangely enough if you know enough about luck you can influence it. I have given my insight on how to get luck already. But most people are so down trodden by the market that they just think everything they try will results in bad luck and lost of ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
Good warning. So nobody else try this at home. I am an old hand at this. So I may have made it look too easy when in fact it isn't. For something easier, follow Slim's method, the 2+2 123 method, or realjumper's method.
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
Use your own chart. I am too busy waiting to get lucky on some long pips.
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
I have just taken some eur/usd short pips. What a bit of luck. I am beginning to like the banks because they seem to love selling low and buying high.
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
You don't have to gamble to get luck. I could be driving along and have the lights turn green on me just as I get to the junction. That's luck, no gamble is necessary. Likewise I can be trading long and short, and suddenly pips appear. That's luck ...
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
I try taking profits here and there. But the banks are not moving anything right now. Maybe I will have better luck tomorrow.
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
No use fishing. My method is not available for share.
Trading Without a StopLoss
- BeginnerJoe replied Nov 24, 2013
Plan B is always good. I am working on a unified plan A. I am a one plan man.
Trading Without a StopLoss