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altrader replied Oct 6, 2008I've lost $708 so far on my account. I'm going to call this my 'tuition'. Oh man...i was up 300bucks and then whammo I got smashed down. at least i have $1266 in my account still..but still...ouch
greed kicked my ass when I thorugh my MM rules ...EURUSD
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altrader replied Oct 6, 2008ahh, i know what you're going through...I lost a similar amount. geez. It was pure greed on my part. damn
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altrader replied Oct 6, 2008damn i lost a lot of money during this period...inexperience hell i lost a few hundered
edit: lost $720 just now
not sure what he hell happendEURUSD
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altrader replied Oct 6, 2008That is true but I'm mostly looking at the 3650 level since that is going to be a strong psyche level. If it breaches the 3650 level strongly then I think that a subsequent 10pips should be able to be made. Have to watch the price closely though.
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altrader replied Oct 6, 2008yeah, I'm always learning and really want to improve. I'm hanging in there with these two trades still.
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altrader replied Oct 6, 2008ahh yes, I totally agree with you. It will be interesting to see how things unfold. I hope that things will turn out ok for everyone but I am quite fearful at the moment.
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altrader replied Oct 6, 2008not brave, stupid. I've been waiting hours to get out of two bad trades. I thought it would test certain levels during the day but this never happened. Now I'm freaking out because when NY opens in 30min time I see the EUR/USD falling like a rock ...
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altrader replied Oct 6, 2008I don't know. I think that the impact of the 700billion dollar bailout for the US is over stated. We still don't know how that will work and when it's all said and done the banks still have to write those bad debts off and that will take quite a ...
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altrader replied Oct 6, 2008I'm still long on the EUR/USD from hours ago. gah, what a crappy day for me today. Oh well, I'm still hanging in there and hoping for the EUR/USD to go up to 3668.
I was also burned quite badly with the AUD/USD (still hanging in there). I ...EURUSD
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altrader replied Oct 5, 2008yeah true. There is not enough volume/liquidity at the moment. Probably wait a few hours and then things should be ok

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altrader replied Oct 5, 2008looking at correlations, I expect the EUR/USD to go up today. The AUD/USD is under 77cents. That won't last. since 77 cents is a hugely powerful support line for AUD. And the AUD tends to follow the movements of the EUR/USD in some ways. So I think ...
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altrader replied Oct 5, 2008i'm still waiting for Oanda to adjust it's 10pip spread to 2or3pips for now.
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altrader replied Oct 3, 2008Sorry man I didn't mean brave in a negative way. But yeah that's an interesting thought you have and it's given you great success. I say it's great

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altrader replied Oct 3, 2008i'm trading this counter rally with a small long position for awhile...might have to terminate it soon though.
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altrader replied Oct 3, 2008wow, nice that it worked out for you dude haha
I'm not as brave as you though. I closed a short for a loss. If i'd kept it I would have made a big profit. But it was too much of a risk for me. The bad NFP projected figures had me spooked ...EURUSD