- Search Metals Mine
- ToxicChili replied May 12, 2010
This is actually not always true, sometimes currencies have reached highs or lows that have never been reached again. Take a look at some of the highs/lows over the past 10 years, how long does it sometimes take to break those, will the GBP/USD ever ...
The final Holy Grail
- ToxicChili replied May 12, 2010
On daily rolling forex, you will often be charged the spread (or a percentage of it) again if you hold the trade over night. Often 10pm UK time. I know with the company I use for spreadbetting, the spread is 1 pip for EUR/USD and I get charged ...
Open & Close advantage in spreadbetting firms
- ToxicChili replied May 11, 2010
So all your trades ended positive Including this one --> Buy GBP/USD at 1.5150, waiting for closing position on the 5th May??? Oh wait, sorry misread your post.
The final Holy Grail
- ToxicChili replied May 11, 2010
At the moment, at least, calling you a scammer is a little harsh and not really called for in this post. Yes a lot of us have doubts, but as you haven't tried to sell anything or convince people to part with money, you can hardly be called a ...
The final Holy Grail
- ToxicChili replied May 11, 2010
I think the problems started with his post title. The Holy Grail (not in trading) is something that may never be found, it may exist only in myths, who knows. This is used to describe people desire to find the perfect system/strategy. The holy grail ...
The final Holy Grail
- ToxicChili replied May 10, 2010
Im starting to think this thread is getting a little out of hand. We just seem to be going over the same things. I personally couldn't deal with such massive draw down. I do think the "Show me proof" - "I don't have to prove anything to you" ...
The final Holy Grail
- ToxicChili replied May 10, 2010
I guess one thing we don't know, is how far and for how long you will let a position go against you. Also, as someone once told me, Never underestimate the importance of Luck. To win a trade requires luck (because you never completely know where it ...
The final Holy Grail
- ToxicChili replied May 10, 2010
Would you risk £500 to win £50 on a rank outsider in a horse race? probably not. You got lucky, there was a possibility that the eur traded lower and possibly will.
The final Holy Grail
- ToxicChili replied May 10, 2010
Yes, but it wasn't losing it was 100% guaranteed to win.
The final Holy Grail
- ToxicChili replied May 10, 2010
Having a position go 500 pips away from your TP isn't really the 'Holy Grail', its just a buy and hold (aka hope) type strategy. If you predicted that the euro would come back to 1.3030, also why not increase your position at 1.2550 or something.
The final Holy Grail
- ToxicChili replied May 9, 2010
I thought you said you closed EUR/USD at 1.3030 ??
The final Holy Grail
- ToxicChili replied May 9, 2010
So what positions do you still have open (what is there current position) and how did you close a trade at a price the market didn't reach?
The final Holy Grail
- ToxicChili replied May 8, 2010
Yes assuming everything is equal, which it isn't. Actually everything being equal we would all break even in the long run.
The REAL reason why nearly every trader fails. Can you solve this trading dilemma?
- ToxicChili replied May 8, 2010
Anyway Medbs. Its only money, keep your pecker up
video Btw what does medbs stand for. Mediocre BS?The final Holy Grail