Whatever pal, won't be missing you.
I am a day trader and not a position trader but I liked the look of this one and the more people like you argued against it the more I liked it....
Oh, and I wouldn't buy it now but I'll buy back in if it puts in lower prices again.
I'm a day trader but I bought a small position at about 1.2150. I cashed it in rather than hold on for longer. I was hoping it would go a lot...
What heat? Read up about position trading, no need for blown accounts, just a sensible approach and a longer time horizon than most traders.
I think if you're analysing how people think on here you're losing anyway. Position traders are making money buying gbp pairs and all you people...
@Zzzz1 Position trading is not the same as counter trend trading. It's all a question of different goals and time horizons. I don't know about...
D'oh. I'm amazed that so many people can miss a simple point.
Unless you're a position trader and you don't care about any of that.
Well whatever, you've made your minds up.
I'm still taking issue with your use of the word pain. Who's in pain? A well funded and well positioned play on this has a good probability of...
Either deep pockets or a good money management method that will keep them in the game even if it goes to 0.80 so that they can bank good returns...
You say that as if drawdown is always inherently bad. Nobody suggested this is a day traders play.
Exactly, so to those who know what they are doing there is money to be made in GBP in the long term. That was my point which makes perfect sense I...
Well we'll agree to disagree. That is what makes a market after all. You do have a point that such a trade would be more position...
Depends how you define "professional". If a professional trader is someone who takes their sole income from trading then you can count myself and...
Seems there are a lot of undercapitalised and/or under experienced traders here talking a lot of nonsense. If you know how to trade and you have...
Sometimes dax moves nicely on the 1 min charts and sometimes it doesn't. The past week hasn't been particularly good for momentum traders if you...
Best advice is always close the position with whatever loss you have, clear your head and start again. It may be a big loss but chances are it...
I use support and resistance but more often to stop me from trading into something. What I do is all about momentum continuation. I'm slightly...
Separate names with a comma.