FX Majors: No trolling.

Have exited all positions at the following prices.


Aud/usd: out .8353 7
-32.7
Gbp/usd: out 1.6515 2
+21.8

-0.14%
-10.9 pips




Classic FX
start date 02/08/09
Closed trades,
-606.5pips
-2.05%

 

Have entered the following position.


Gbp/usd: short 1.6505 2



Classic FX
start date 02/08/09
Closed trades,
-606.5pips
-2.05%

 

You've just spent another 10 pips for absolutely nothing, again!

You closed your short at 1.6515 and immediately opened another short at 1.6505. You've paid Oanda's 10 pip weekend spread for absolutely no benefit because you're back in exactly the same trade just at a worse price! You did exactly the same thing on the 9th (page 4 of this thread) which cost you 40 pips.




It also appears you have increased your trade size as you have lost money. Your original value per pip was 0.0032%. After losing 2.78% of your account you have increased the pip value of the last trades by a staggering 300% to 0.0128% per pip! In other words the more you've lost, the bigger you've gambled! Martingaling is a fools game.



These are the correct results:

start date 2nd August 2009
Closed trades:
-876 pips
-2.92%

 

Ivan, hello! Is Paul Chaney a paid advertiser or sponsor?

The Ever Cautious VIPER

 

Viper, he's posting his trades. I see no advertising. If I've missed something, please link and PM me.

Thanks.

 

Have exited Gbp/usd position.


Gbp/usd: out 1.6274 5
+ 230.7 pips
+ 0.64%



Classic FX
start date 02/08/09
Closed trades,
- 375.8 pips
- 1.41%

 

These are the correct results:

start date 2nd August 2009
Closed trades:
-645 pips
-2.28%

 

Have entered the following positions.


Aud/usd: long 0.8415

Usd/jpy: short 93.49



Classic FX
start date 02/08/09
Closed trades,
- 375.8 pips
- 1.41%

 

I feel like I’m in the twilight zone here. Loll Paul my friend you keep losing which is fine it happens to us sometimes but you really are a horrid trader... You’re constantly lying about your trades and getting revised (LOL) and you say nothing to correct…Then the guy whose money you managed and lied about said he wanted metals came out IN HIS OWN WORDS and said he had no oversight on the use of the funds and the losses were at your own discretion you still say nothing… So I’m curious why do you continue to post these trades when everyone who follows you here and I’m sure at other sites knows you to be full of crap and completely non credible and frankly it seems that you don’t know what the hell you’re doing or trading for that matter I mean really!?
I mean if I give you $1000 and my return on that after 6months or more is less than $100 than I’m going say to point blank( client speaking) “ you know Paul you really suck. I mean you generally don’t know what you’re doing I think my regional bank could have given me better returns than you, but to be fair lets end this, so here’s your performance fee of $3.75 off of the less than $100 return”
In conclusion I think one of the other traders here said it best when they said “you don’t even know how to trade baseball cards “
Cable I look forward to the revisions for an accurate picture on this clown…

Cheers!!! JP