Time is perhaps the biggest factor when calculating opportunity cost. With that said, if it takes years I will put that trade on the back burner and focus on making new trades. Ones to hedge the losing one and others as a whole separate set of ...

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Snooker? LOL. I get your point though.

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Well, I would be foolish to say I may never close a losing trade. There may be a circumstance where I could short the position if I was very very confident it was to continue moving against me. But I don't like setting stop losses. So any trade I ...

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Yes I know I'm looking at a long drawdown and possibly a long wait. Which is why I don't look at it! Of course it is taken into account in my unrealized balance, but so are my hedged longs which I am profiting on. This nice range we been in has ...

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About a year trading. And the aforementioned open short is the longest I've had an open trade...since early May so about 2.5 months. It took me about 6 months to realize stop losses don;t work for me.

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Don't be embarrassed...I have an open short at .3440 . Of course I play micro lots and hedge so I am able to hang in for awhile...as long as it takes.

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I don't see how it could be the spread since upon executing the trade the commission puts me 2 pips in the hole. So when I set a tp, the commission has already been accounted for. I don't mean to sound cynical, but I'm taking this as a tip that ...

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I'm pretty pissed off at my broker right about now. I just got to my computer to discover that they triggered off some pending buy orders without executing my take profits which I had set 1 pip lower. For example I had one long's take profit at ...

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its here, good advice and analysis where money at....have to pay a nickel for it though... url

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If it's what I think it is and it's a chick then that's sweeet. If it's a dude then that's just disgusting.

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I'm Rick James bitch!

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We shall see soon.

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that we're all idiots!

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I think so

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No, I just open up more trades (hedge). In other words I have longs and shorts. That's my personal trading style.

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I have so many hedged positions open I've confused myself.

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Asias been in more than an hour.

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Also had a tp at .4135. Looking to place another short-term long again on a dip.

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Maybe it's my lack of urgencency to make money quick that allows me to trade this style comfortably. If you are looking to get out within the next 3-5 years with big profits, then you better guess right.

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Okay so when do you know when to take a loss to short that trade? Couldn't it run against you twice if you stop yourself with a loss in hopes to get in at a better position. ??? Again, don't listen to me unless you have lots of time and lots of ...

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