Well we need volatility to make any decent money, although I think many people were caught off guard and that is what scared them. Its been a while coming and more is definitely on the way. I don't think the party is over just yet lol

I lost money during the huge move

Hit and hope strategies can be great while they last, but sometimes currencies don't come back. There can be highs and lows that we don't see again or not for a very long time. A friend of mine had the attitude it will come back, it will come back, ...

The final Holy Grail

Its hard not to let emotions get the better of you when there are moves like last week. On friday I just got on with other things and stayed away from the market. There will be a lot of people who lost a lot of money last week, imagine being caught ...

I lost money during the huge move

Owning a 400 ounce bar of gold would be nice, but a little out of my budget at the moment lol.

Owning gold vs fiat

You can look for changes in the short term trend and follow the long term trend. For example, if the long term trend is down, but on a shorter time frame there is an uptrend, you could look for a reversal of this back to the down trend. This is ...

Trend following or trend fading?

I think he misunderstood, taking 100% possible as 100% likely which is completely different. Now if you had said its 50% possible that 10% of brokers are 7% likely to cancel 32% of trades. That would have made more sense

Nasdaq will cancel trades today. Will FX brokers do that??

I go away for some Pizza and a custard tart and the damn euro loses another 100 pips. It could have at least waited until I had finished.

EURUSD

I hope all my trades win and thats a fact

EURUSD

Sorry not participated much in the conversation. Calling it a day for today and closed my position at 1.2696. (Just noticed the bounce up after starting to write this :o, looks like I timed it just right lol)

EURUSD

My broker honored a limit order I cancelled at 1.2690 lol - Turned out not to be so bad because I have been able to re-enter the short 15 pips higher. @ 1.2705

EURUSD

I don't think that is an issue, kind of expecting it to get to 1.2550 in the not too distant future lol.

EURUSD

This is very true, also there will be months when you make less, so you will need to account for that with the good months.

When stops the possibility of scaling profits?

There is a saying, "Don't put all your eggs in one basket"

When stops the possibility of scaling profits?

Yeah, I wish I could go back in time and start college again, it seemed stressful at the time, but its more a mild preparation for real life. As for unexpected things in life, they can really screw things up. lol

What was your account and what is it now?

Supposedly its around 2% of the total market, of which even less will actually see the market.

traders unity to drive markets?

Its not a saying I made up, one I heard another trader say. I think what it is implying is that you need to be able to exit a trade to actually profit from it. You can have a trade making a nice profit, but without a decent exit strategy you run the ...

Trading Sayings: Fact or Fiction

Just heard another one. "You can't get paid, till you exit the trade!!"

Trading Sayings: Fact or Fiction

Eat an apple

1 pip

have you tried back before 2000 to see how it performs.

EA behaving poorly the past few years