cableturd ... Your two statements contradict each other because most of the "bucketshops" accept credit cards. Please explain.
I think you're missing the purpose of why I started posting these blotters in the first place, don't worry it seems like you're not on your own! Like I explained to Eric215 in this post I'm not claiming to be a great trader and......I tell you what, you read the post for yourself if you're interested, to save me repeating it over and over, it should be self-explanatory As regards posting blotters of when my stops get hit there are a few blotters which show losing trades, obviously those are the ones that either got stopped out (which is rare because I don't usually allow a trade to run to the stop, it's more of an emergency measure) or more likely that I closed manually, if you're interested you'll find some among this collection of blotters, the losses are clearly identified ie '2 losses -9 pips', again it's kind of self-explanatory really! I think you'll be hard pushed to find any down days though, in fact I think there were only one or two among all the blotters I've posted around here, not because I don't post them but simply because I'm extremely selective about when I trade and the trades I take, with the exception of the odd down day here and there I've done ok, and even the down days aren't as you call them 'the occasional big loss in between' Do I use stops? Yes, of course! But like I said they're more of an emergency measure if things go wrong, the market usually lets me know when I'm wrong way before a stop and I tend to trade my way out of it either on that pair or other trades or perhaps take a relatively small loss. Regarding scam EA's and system sellers, sure, we all know they exist but I'm not sure I see the connection unless you're suggesting I'm selling something? I don't have a system or EA for sale, anyone who has a hope in hell of making money in this game knows that buying systems or EA's isn't going to help them, but believe me I've turned down more people than I can remember who have asked me to teach them, teaching people to trade is a thankless and exasperating task because there are so many complete imbeciles in the business, I wouldn't wish it on anyone! As an aside, you always sound angry with me for some reason Pippi436, is there a particular reason for that? Anyway, I hope that explains everything
cable: I'm not angry with you, infact i share some of your views, i.e. that Oanda provides a reasonably good service and that the tin-foilhatry about marketmakers is sort of ridiculous, most of the time. Same with cc funding (or paypal for that matter). I was under the impression you were trying to show off your superior trading abilities(or even your basic profitability) with your blotters - in which case selective daily statements wouldn't do. But apparently you are trying to do something else. Its sometimes hard to keep track with all this noise in these threads.
just a simple request, can people stop quoting cabletrader? those of us that have him on ignore would rather not read his gibberish.
'tin-foilhatry', lol I'm far from a superior trader, in fact I've often said my broker is lucky I'm such crap at trading! Track some of those trades and you'll see how much I leave on the table, I'm hoping Oanda's trailing stops will improve on that! I've got no background in trading or specialist knowledge, I'm of average intelligence, and I don't have any secret weapon or indicator. The point is if I can make a few bucks from scalping, against a bucketshop, using short time frames, contrary to what all the forum 'experts' among us tell us then anyone can, it's really not rocket science, and I'm not even that great at it imagine what some people could achieve. I think way too many people are scared by the naysayers and the intellectually sounding theorists, they immediately think trading is complicated and competitive, they go off on a mission to find ways to 'beat' their non-existent opponent when all they really need to do is get on with it, trade probabilities, and manage risk. Simple and not at all complicated! Anyway I'm rambling......
yeah i mean no disrespect to the individual, whoever he is, i just don't support his opinions & i'm not interested in reading them
Well I guess it's just as well I'm not actually looking for your support then isn't it ....and by the way reading isn't compulsory, it's optional Anyway, another day scalping off a 5m chart with bucketshop Oanda, started off with no connection for an hour but it looks like the problem is fixed.... 63 trades, 51 wins +173 pips, 6 losses -25 pips, 6 b/even, total +148 pips