So funny, but oh so true!

EURUSD

I like your play but would be surprised either if your sl was hit. GL btw, I'm short also and will short some more if it goes to around 33

EURUSD

Superbandam, right now I am also in substantial dd and am working my way out of it. It's actually challenging / fun. The way the market is moving currently, it's not hard getting into dd. haha. Good luck & many green pips! Marlin

Pitbull Trader with Position Building

Good job CW & Tex. Have a nice weekend! Marlin

Pitbull Trader with Position Building

Superbandam, thanks for your thoughtful post. Let me pose a challenge to you. I think you can do it. Do this on demo only!!! Open your set of trades and trade normal for the day. Leave several .4 or higher trades open for a day or so and dont look ...

Pitbull Trader with Position Building

Awesome. Dont give them even a penny!

Pitbull Trader with Position Building

Erebus, you are exactly correct!!! and that was my point also. Profit, loss, profit. But, I did it more profitably using the dd techniques I have mentioned in my previous posts. It's all part of the market swings and not trying to micro-manage ...

Pitbull Trader with Position Building

Hello — Ok, I hope everyone that was in heavy dd, like myself, was able to trade out of it with this latest move. I opened a small micro acct to test this system out. I was easily able to dig myself out of the hole and could have made a lot ...

Pitbull Trader with Position Building

Courtney, hope your IT problems are solved soon. Such a pain. With this system I try not to ever close a trade in cumulative loss. Even with the be trades its usually be +5 or so. I never consider giving anything to broker. This suits me better, ...

Pitbull Trader with Position Building

Liberty, I will always make my hedge trade at least 2x the size of position I am hedging. Same way when the trade turns around and close my hedge, I open a larger position at least 1.5x in the same direction as your open position. You will be ...

Pitbull Trader with Position Building

Hello — Liberty, I consider a hedge trade at around 100 pimps and manage that hedge trade very carefully. If hedge trade goes into profit I will set at stop at break even. If the original trade appears to be going back in my favor, I will then ...

Pitbull Trader with Position Building

Spot On. Great analysis

EURUSD

OK, I answered my own question. Maybe this will help if others have questions: the difference between interest earned and paid is a swap. so if you go long AUDUSD, ur long ozzie, short Dollar. You gain interest on your ausssie holding and pay ...

Pitbull Trader with Position Building

Chips or anyone, could you please explain a little more and educate us on the triple swap. I know you said buy AU on Wednesday. Are there any other pairs to consider on this? A few more details would be helpful. Thanks in advance. Marlin Man

Pitbull Trader with Position Building

Courtney, I have been trading this for about 10 trading days now and I'm up 5%. I am basically demoing this on a small micro account because my demo results are always different than my live results. I made many, many mistakes my first 3 days but ...

Pitbull Trader with Position Building

Hello — Tommbstone - Your question on DD. Someone mentioned earlier, several posts ago, about brokers who do allow hedging for US customers. Just go back some posts and have a look. You may also look for an offshore broker, again, you have to ...

Pitbull Trader with Position Building

Good morning Courtney! Have a nice weekend. You working today?

Pitbull Trader with Position Building

Tommbstone, there are several people who will be more than happy to help you out. Just dont always expect an answer immediately as I am currently typing this from Africa! Just be patient - it's the weekend. I'll give a suggestion on freezing dd ...

Pitbull Trader with Position Building

Liberty, that is one great thing about this method is that you get to choose which best suits you. I know some guys that will keep the basket open for over 1 month and still others will close it several times a day. As Chips said, there is no right ...

Pitbull Trader with Position Building

Liberty, since you have your basket sorted from - to +, you will have the .04 at the bottom if it's your biggest winner. The .04 trades comes at least 1 hour after you open your basket. Hope this helps.

Pitbull Trader with Position Building