- Search Metals Mine
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pipmutt replied Feb 3, 2010I agree, but that's the only benefit. But is it really a benefit or just a crutch of false security? How many of us have said in the past when we were less experienced 'the market has to reverse soon!' while we held onto a losing trade hoping it ...
What's the point of hedging?
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pipmutt replied Feb 2, 2010lol, you've simply got to admire the innocence, wide-eyed wonderment, and naivety behind this thinking! 'Nedging', the Holy Grail of forex trading! During 'range times' wouldn't it be simpler and more productive to buy at the bottom of the range and ...
What's the point of hedging?
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pipmutt replied Jan 28, 20102006, lol, you got me! Nah I know you wouldn't, you're a helpful sort of guy.

Performance statistics
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pipmutt replied Jan 28, 2010It's not a dumb question! I guess it depends on how many positions you have for your stop, ie one position (risk) and then multiple/partial exits use the average price. An easier way might be to just count % return, and the risk taken to achieve it. ...
Performance statistics
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pipmutt replied Jan 27, 2010And they produce "...50 to 100 percent in returns per month..."? Seriously?
Any Extremely Profitable Systems?
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pipmutt replied Jan 27, 2010The equity in his trading account is irrelevant in this context, viability and performance is expressed in percentages not dollars.
100:1 leverage will change.. speak out!!
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pipmutt replied Jan 27, 2010I agree, 10:1 is ample enough to produce a very healthy return, and without excessive risk. I do wish the CFTC would stop wasting time and energy on trivial issues and address more important issues like security of funds deposited. Leave the ...
100:1 leverage will change.. speak out!!
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pipmutt replied Jan 26, 2010Education is freely available right now yet still the majority are in the dark, it's a pointless task trying to educate the uneducable, or those not receptive to being educated. Is consumer protection really the prime motive behind these new ...
10 to 1 You're done...
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pipmutt replied Jan 25, 2010Some lucid and well thought out arguments there, and it's those points which need highlighting to the powers that be. Going by the majority of responses in this and other threads I suspect the CFTC are inundated with inane comments from those who ...
10 to 1 You're done...
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pipmutt replied Jan 25, 2010Go on, I'm interested, seriously. I agree on the 'stupid traders will always be stupid traders', where there's a will there's usually a way!

10 to 1 You're done...
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pipmutt replied Jan 25, 2010I can't speak for their motives but not necessarily, restricting freedom of choice could be to benefit someone else, in this instance it's suggested the CME. If that is indeed the case then 'concern' for the retail fx trader doesn't come into it. ...
10 to 1 You're done...
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pipmutt replied Jan 25, 2010If only! Try getting filled on some of those 'off market' spikes which only appear on your brokers chart. As for experience it's all relative, I might have been around a while but that doesn't automatically make me a better trader or any more ...
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pipmutt replied Jan 25, 2010I agree, death by a thousand cuts is still death! Stop hunting/running is a perfectly legitimate practice in the market, in fact many traders use what 'players' are doing when it comes to stops as a strategy in it's own right (Boris Schlossberg ...
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pipmutt replied Jan 24, 2010lol, of course I'm getting something out of them, CR 2-43(a) is the best thing to happen to this market in a long while, it prevents this kind of thing happening, and that's a good thing! Trading forex with a US broker has never been better, now all ...
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pipmutt replied Jan 24, 2010You could well be right but is that really such a bad thing? A regulated and centralized market is more of a level playing field for the inexperienced novice than an OTC bucket shop who actively encourage overleveraging, shade price, and run stops! ...
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pipmutt replied Jan 24, 2010With some justification it seems!
Let's keep this civil, those who can't sustain or contribute to a reasoned and logical discussion tend to resort to name calling and personal attacks, it's not clever and it doesn't get anyone anywhere.10 to 1 You're done...
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pipmutt replied Jan 24, 2010Ha, right back at ya!
Despite protest there are limits on freedom of choice, it's no different in this instance. No-one is suggesting banning leverage altogether, just limiting it to what most professional traders would agree is a perfectly ...10 to 1 You're done...
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pipmutt replied Jan 24, 2010I'll bet the vast majority of the loudest protesters are the sub-5k kiddies who use the forex market like a glorified amusement arcade, you only have to read some of the posts in this and other threads to get an insight into their mentality! If ...
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pipmutt replied Jan 24, 2010Your numbers are out of whack but you're right, leverage is a tool, and in the hands of the inexperienced it can be a dangerous tool as you've demonstrated in your examples. I really don't know what all the fuss is about though, 10:1 should be ...
10 to 1 You're done...