i wrote word message with bad spelling as a bite, will he find bad typo or concentrate on proving he is for "real " in next few posts. It is the mind....
no, the real issue is you are dumb and of lower intelligence, I think I clearly established that. Someone who so vehemently refuses to take a loss, someone who after pages still insists a 10 handle stop loss is reasonable, someone who still wants to structure some trade which was explained to him in plain English has some clear issues with basic intelligence. On my ignore. What an idiot. P.S. You wasted my time, that pisses me off the most. Time waster.
You mentioned that you want the whole desk fired for a trade that did not go their way and they lost 2.5% of annual PL on that trade over multiple months. This clearly re-establishes your IQ in my eyes. Also, I am surprised at your poor English skills. I was trading for a desk, and I had to adhere to desk philosophy. It does not matter if I think 10 handle DD is reasonable or not. If long term policy of desk has been to accept 10 handle DD in pursuit of 20 handle profit, and head of trading ardently believe in it, it is what it is. Man - your reading comprehension truly sucks. And from your manners, are you a french!!!!???? When I posed the problem of structuring that trade before you given all the constraints, you took the easier option and said you don't think constraints make sense. Holy Christ - you are so dumbfounded to realize that when you are working for someone else, you have to work under desk policies. I won't drop so low to say your are low IQ. Because I think you have a reasonably high IQ. However, unfortunately - all your experience and pedigree notwithstanding, you are an arrogant clusterfuck, an egotistical maniac asshole!!!
Trading is stressful enough as it is.. frell, guys.. this deterioration is unwarranted and counterproductive. I hate waking up to this crap.
Ummm...yeah, that is the strategy. If it goes up, buy. I definitely want to get in on that deal. Kuroda is going to run the BOJ, and Abe is going to run the government. Both are doves and in favor of massive QE. This is like the holy trinity of yen diluting. Currency moves are dictated by central bank policies and macroeconomics, not some lines on a chart. I think 100 is really not that far fetched at all. It could go to 103 - 104 before hitting heavy resistance.
I hear ya, 100 is the target, just not my style, I don't like buying and hoping it goes up, I get caught in enough of those trades without even trying
gmst Understand that most people do not understand the FX instrument. You and I trade very similarly, as does oldtime, I think. Keep posting your trades and put the detractors on ignore once you find that they do not know what they are talking about. Keep posting. Lurkers are watching, and enjoying your trades.
Look at it from this angle. Now you know what not to do. That is not a waste of time. Except....... gmst and his style of trading is viable, and it does work. If what he does makes no sense to you, that's cool too. You could probably contribute by posting some trades that you would make in contrast to what gmst is doing. That would be interesting, no?