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"AUSSI" my thread and anything I want to put here

  • #14,741
  • Dec 5, 2020 12:23pm Dec 5, 2020 12:23pm
Quoting hocius
{quote} Yeah, well your trap detection skills are high. Sometimes I can only see them when I'm already trapped, lol. Experience helps there I guess
Trying to save ya a few scars ,, I have a few deep ones tht should cover for a few people lol,, water under the bridge long ago now ,, but I havent forgotten what it feels like ,,sure and steady kid ,, sure and steady
  • #14,742
  • Dec 5, 2020 12:28pm Dec 5, 2020 12:28pm
With the other person weekend that is their happy day , or with trader we are happiness not having to look chart for the next day ,but here we are ,instead of take it easy of the day ,stay little longer to have fun with our love one but we looked at chart little longer than during a trading day ,Digger instead of having gossip with his family he is here too, to help whoever asked him. We hope our TEAM work with Together ,Every one , Achieves, More will come on our path of trading. Thanks for your goldens time here Digger .
  • #14,743
  • Dec 5, 2020 12:32pm Dec 5, 2020 12:32pm
Quoting digger1
{quote} Trying to save ya a few scars ,, I have a few deep ones tht should cover for a few people lol,, water under the bridge long ago now ,, but I havent forgotten what it feels like ,,sure and steady kid ,, sure and steady
I know Digg, your help is priceless. And I'm sure you will help and shorten this road to many of us. Thank you!
  • #14,744
  • Dec 5, 2020 2:56pm Dec 5, 2020 2:56pm
my weekend broker as decided to tow the government line and put the margin as mandated , i called them and they say nothing can be done so what does that mean for me they said put more MONEY in the account , ASSSSSSSES IF , SO I HAVE CLOSED THE ACCOUNT , i was taking around $3500 per month from them so the changes benefited the broker i would have more money to risk from a broker i dont know , and after the discussion on the phone even trust him less ,so here is the problem >>>>>>> before regulations was able to trade upto 10 bitcoin now i can only trade half a bitcoin because the margin so after the first trade it get less and less not worth the time and effort ,
people leave, but this thread will go on for ever
  • #14,745
  • Dec 5, 2020 3:51pm Dec 5, 2020 3:51pm
Quoting Aussi
my weekend broker as decided to tow the government line and put the margin as mandated , i called them and they say nothing can be done so what does that mean for me they said put more MONEY in the account , ASSSSSSSES IF , SO I HAVE CLOSED THE ACCOUNT , i was taking around $3500 per month from them so the changes benefited the broker i would have more money to risk from a broker i dont know , and after the discussion on the phone even trust him less ,so here is the problem >>>>>>> before regulations was able to trade upto 10 bitcoin now i can only...
Sorry to hear that Dave. I really don't know much about brokers and their regulations, so can't help you here. I hope you can solve this..
  • #14,746
  • Dec 5, 2020 4:33pm Dec 5, 2020 4:33pm
Quoting Aussi
my weekend broker as decided to tow the government line and put the margin as mandated , i called them and they say nothing can be done so what does that mean for me they said put more MONEY in the account , ASSSSSSSES IF , SO I HAVE CLOSED THE ACCOUNT , i was taking around $3500 per month from them so the changes benefited the broker i would have more money to risk from a broker i dont know , and after the discussion on the phone even trust him less ,so here is the problem >>>>>>> before regulations was able to trade upto 10 bitcoin now i can only...

I received notification from my Aussie broker as well. Due to ASIC regulatory update, there will be some changes in retail accounts, particularly, in leverage ratio limits. Starting from 29 March 2021, maximum leverage ratio on gold will be 1:20 (now 1:500) and on major forex pairs will be 1:30 (now 1:500).
  • #14,747
  • Dec 5, 2020 5:02pm Dec 5, 2020 5:02pm
Quoting Aussi
my weekend broker as decided to tow the government line and put the margin as mandated , i called them and they say nothing can be done so what does that mean for me they said put more MONEY in the account , ASSSSSSSES IF , SO I HAVE CLOSED THE ACCOUNT , i was taking around $3500 per month from them so the changes benefited the broker i would have more money to risk from a broker i dont know , and after the discussion on the phone even trust him less ,so here is the problem >>>>>>> before regulations was able to trade upto 10...




Morning Aussi,



Nothing will protect Traders from losing money if they do not learn the Forex Trade.......This is Absolute Bullshit...20-1 on Gold...I may have to take up fishing or move to a beautiful Caribbean Island and take up Bird Watching.
Ronnie Renko
  • #14,748
  • Dec 5, 2020 5:05pm Dec 5, 2020 5:05pm
Quoting bigijs
{quote} I received notification from my Aussie broker as well. Due to ASIC regulatory update, there will be some changes in retail accounts, particularly, in leverage ratio limits. Starting from 29 March 2021, maximum leverage ratio on gold will be 1:20 (now 1:500) and on major forex pairs will be 1:30 (now 1:500).
OK I just checked and also received this mail aswell a couple days ago. I'm using IC markers. I have a really small account so I'll need to look for alternatives out there.
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  • #14,749
  • Dec 5, 2020 5:40pm Dec 5, 2020 5:40pm
Quoting Ced74
{quote} Morning Aussi, Nothing will protect Traders from losing money if they do not learn the Forex Trade.......This is Absolute Bullshit...20-1 on Gold...I may have to take up fishing or move to a beautiful Caribbean Island and take up Bird Watching.
and thats a great idea mate
people leave, but this thread will go on for ever
  • #14,750
  • Dec 5, 2020 5:42pm Dec 5, 2020 5:42pm
Quoting hocius
{quote} OK I just checked and also received this mail aswell a couple days ago. I'm using IC markers. I have a really small account so I'll need to look for alternatives out there. {image}
yes these guys are ok mate its the government making us into a communist's country
people leave, but this thread will go on for ever
  • #14,751
  • Dec 5, 2020 6:02pm Dec 5, 2020 6:02pm
Quoting Aussi
my weekend broker as decided to tow the government line and put the margin as mandated , i called them and they say nothing can be done so what does that mean for me they said put more MONEY in the account , ASSSSSSSES IF , SO I HAVE CLOSED THE ACCOUNT , i was taking around $3500 per month from them so the changes benefited the broker i would have more money to risk from a broker i dont know , and after the discussion on the phone even trust him less ,so here is the problem >>>>>>> before regulations was able to trade upto 10 bitcoin now i can only...
Dave and @Ced74 and anyone else in OZ
It is my understanding the new margin ratios do not apply to Sophisticated Traders. I would guess that with a 7 figure account you would fall into this category.
e.g ICMarkets - https://www.icmarkets.com/au/en/xp-trader
Hope this helps
Cheers
When you are successful perhaps give a thought to others ... Kiva dot org
  • #14,752
  • Dec 5, 2020 6:46pm Dec 5, 2020 6:46pm
Quoting Aussi
my weekend broker as decided to tow the government line and put the margin as mandated , i called them and they say nothing can be done so what does that mean for me they said put more MONEY in the account , ASSSSSSSES IF , SO I HAVE CLOSED THE ACCOUNT , i was taking around $3500 per month from them so the changes benefited the broker i would have more money to risk from a broker i dont know , and after the discussion on the phone even trust him less ,so here is the problem >>>>>>> before regulations was able to trade upto 10 bitcoin now i can only...

I bet you the big boys/brokers have a much higher leverage,

(Yaaaa lets screw the little guys) we knew it was coming and did nothing about it, so we deserve it


Collectively we could have done more
  • #14,753
  • Edited 9:51pm Dec 5, 2020 9:34pm | Edited 9:51pm
Time to evaluate current options....Reluctant to go offshore as I was burnt back in the Dark Ages but one may not have a choice....I have multiple accounts here but one may need to spread a little else where just to help with returns.....Just thinking aloud....At my age I try to keep things simple.

Most traders like to hide in Cyber Space so hard to mount a major resistant so I guess Dingoman-two is correct.

Many years ago one of my Bookmakers was located in Vanuatu.........Backwater place then but things have changed.
R
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Ronnie Renko
  • #14,754
  • Dec 5, 2020 9:43pm Dec 5, 2020 9:43pm
Quoting Dingoman-two
{quote} I bet you the big boys/brokers have a much higher leverage, (Yaaaa lets screw the little guys) we knew it was coming and did nothing about it, so we deserve it Collectively we could have done more
You can bet your ass their big shot buddies wont be affected whatsoever ,, but the little guy ,, another hand tied behind their back ,, ,,, whine asses and poor me s dont help the cause much ,,, but it does suck ,, reading a bit of what payitforward posted maybe a bit of a path even without a big net worth ,,,
  • #14,755
  • Dec 5, 2020 9:47pm Dec 5, 2020 9:47pm
and ,,shit ,, like a moth to the light ,,and barn 243 ,, just some lines and patterns ,,and the how many days marked kinda starts giving ideas on how far certain sized patterns will send something etc etc
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  • #14,756
  • Dec 5, 2020 10:10pm Dec 5, 2020 10:10pm
Quoting digger1
{quote} You can bet your ass their big shot buddies wont be affected whatsoever ,, but the little guy ,, another hand tied behind their back ,, ,,, whine asses and poor me s dont help the cause much ,,, but it does suck ,, reading a bit of what payitforward posted maybe a bit of a path even without a big net worth ,,,

Agreed Digs,
Hindsight is a wonderful thing, so it would be a waste of time winging about it now.

  • #14,757
  • Dec 5, 2020 10:18pm Dec 5, 2020 10:18pm
Quoting Dingoman-two
{quote} Agreed Digs, Hindsight is a wonderful thing, so it would be a waste of time winging about it now.
lol,, well it was more about the dipshits who didnt quite understand what they were digitally signing and then when they lost their money it was somebodies else s fault ,,but yea after its done its a bit late
  • #14,758
  • Edited 11:06pm Dec 5, 2020 10:50pm | Edited 11:06pm
And then at some point in time it will hit ya Barn243 ,,, lol,, those same lines you practiced and practiced and practiced finding everyday with the day counts ,, Suddenly they start popping up with week counts ,etc etc ,,, and you catch a good timmy tommy trader runner or three ,, and mostly just chuckle when ya do because you made your CASH every fcking day regardless of anything else going on ,, and as said till one can do tht shit for one day ,,,, longer time frames and wider stops aint gonna do much for one other than prolong the inevitable for most and make them market feeders ,, and you will have went about it the complete opposite of what has been shoved in your face since day one of looking at a chart ,,, and tht garbage bullshit shoved the CASH part right on out,, and you will have actually learned something ,,,,,same ole same ole yada yada lol ,,3 weeks now price really atm hasent changed a lot ,, oh but shit loads of shekels to be made regardless ,,one would be rich if paid for the predictions and what this or tht was gonna cause to happen too ,, lol,, trade what is and forget tht shit you will be shekels ahead ,, many many shekels ,,, paid,,, instead of waiting to get paid,,, fcking dollar waiting on a nickle ,, ,, you will come to prefer just getting paid now lol
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  • #14,759
  • Dec 5, 2020 11:59pm Dec 5, 2020 11:59pm
Quoting PayItForward
{quote} Dave and @Ced74 and anyone else in OZ It is my understanding the new margin ratios do not apply to Sophisticated Traders. I would guess that with a 7 figure account you would fall into this category. e.g ICMarkets - https://www.icmarkets.com/au/en/xp-trader Hope this helps Cheers
thanks mate ,i all ready have there email mate all is good with them,
people leave, but this thread will go on for ever
  • #14,760
  • Dec 6, 2020 1:07am Dec 6, 2020 1:07am
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Dear traders ,
Here is my hw very poor not much like Digger TF from Daily , m180,m45,m15,please give some in put if i did miss some level or pattern for practice ,practice to be better .Daily price may go up to 1844 previous high ,Weekly MA 1872. m180 with up trend daily M 2 , daily M 3 and down trend MP, daily Ms3, M45 may fill up tail , down trend with level 1830 and 1817. M15 with previous high 1844 with L4 previous low 1823.73. Let see how the market open , up and down we still have shekels . Trade with planning , confident , wisely we will have shekels. You have a nice day for the rest of the week end .
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