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- Aneurysm replied Jul 1, 2010
my mistake = trusting the trend too much and forgetting basic rules. I have two stickers here with basic rules and I went against them because I thought the trend would come to the rescue once again like it did so many times. the rules I broke ...
- Aneurysm replied Jul 1, 2010
definitely didnt see this coming, but I guess I should have trusted that double top formation, lost a bunch of money today, I've honestly never seen anything fall so many pips at once bring back steroidman
- Aneurysm replied Jul 1, 2010
heh, my stops weren't hit, I trust gold and this has been a terrible day for all the markets even if they do get hit I've already made more money this past week than I can lose
- Aneurysm replied Jul 1, 2010
it hit 1220 maybe steroidman had a point after all haha
- Aneurysm replied Jul 1, 2010
I held firm and opened several positions all the way down the 1230s, hope for a rebound now.
- Aneurysm replied Jul 1, 2010
this was quite the hit
- Aneurysm replied Jun 30, 2010
as one of the greatest multimillionaire traders in the World said in the book Market Wizards: "my job is to make money, not predict market turns" that is one valuable lesson for everyone of us.
- Aneurysm replied Jun 30, 2010
that was a false breakout, not enough momentum, I'll stay out of the markets for now and hope for dips to the lower 1230's to buy.
- Aneurysm replied Jun 30, 2010
if it breaks clear of 1245 I'm hopping on it
- Aneurysm replied Jun 30, 2010
haha got this spot on, that's 500 pips banked in 30 min
- Aneurysm replied Jun 30, 2010
long from 1235, target is 1240, it doesn't feel like there's enough volume for a major rise atm
- Aneurysm replied Jun 30, 2010
I'm long and I don't even know if I want it to go up so I can take profits or down so I can buy some more and sell in the 1240s again
- Aneurysm replied Jun 29, 2010
unbelievable, this was by far the most remarking day in my trading history thus far. I was losing heavily and $500 away of getting a margin call with that spike down because I made a terrible blunder calculating the safety margin, but it rebounded ...
- Aneurysm replied Jun 29, 2010
please explain?
- Aneurysm replied Jun 29, 2010
I hope you guys with longs survived that spike
- Aneurysm replied Jun 29, 2010
you think we might go near 1250 Xtrade? Or would you lock in the profits at around 1240?
- Aneurysm replied Jun 29, 2010
this is exactly what I was talking about. Tight stops with this volatility is asking to be stopped.
- Aneurysm replied Jun 29, 2010
this is what I'm talking about, the volatility of the gold makes stops look like magnets the market just went down about 1000 pips and then up around 400
- Aneurysm replied Jun 29, 2010
I have 3 Longs opened at around 1234, targets are 1240, 1245 and 1250. If they all get through I'm expecting to be up around 30 to 40% of my account today/this week I'm 700 pips up right now and closing in one first target, hope there's no ...
- Aneurysm replied Jun 29, 2010
to all of you (and me) opening longs today, it might be a while till it goes up to the 1250/60s again, so don't panic if you're on red for a while.