Reading the full article - G-pap felt he could do away with the referendum after the opposition party said it would support the bailout. How much clearer do you need it? When the euro skies to $1.38-$1.39 or so, then go ahead and short, if you must. Just don't come around here the next time europe is down 5% talking about certain collapse. That's just bad trading and that's the whole point of this thing.
Which article, you seem to bring headlines out of your ass. And yes, I don't hold a world title on perfect trading, unlike yourself. How many winners you have had in row?I think its more than thirteen but I might be under counting some 10 baggers
Let google and/or twitter be your friend. All of the major news services and most of the Greek press have feeds with links to full stories. I see nothing wrong with calling out a boner trade, whether mine or someone else's. Winners are easy. Study the losers. In fact, study it again. Implant it in your mind. I know I will: Friday - Euro at $1.42, stocks euphoric, problem solved ... nothing Tuesday - Euro at $1.37, stocks plummeting, euro about to break apart ... short the hell out of the euro I make note of this not to take you down, but as reminder to myself how easy it is to screw up. We've all done it, but rarely has it been so crystal clear. I will keep reminding myself of the last week, because it will make me a better trader. I was also short AUD at $1.07 on Friday - to my credit, I didn't cover, but I also didn't take a golden opportunity to add to the position.
check your quotes genius, I got out close to where I got in. What a horror When was the last time you had a losing trade?I think Clinton was the president but I'm not sure
Bully for you. Nice exit, but a bad trade idea. Check a few pages back and me and another fellow were discussing me being short the AUD while it rose from $1.03 to $1.07 in a few hours. Feel better now. I've been real transparent about everything I've done this year, from my stock value picks, to the FCX short, to the AUD short, the silver calls, the TBT calls, the unload of my major stock holding, NLY. Yes, many were winners. Sorry about that.
I don't want to interfere but would you mind giving it a rest so this thread remains civil - and highly interesting ? Weird days anyway, must be great for traders looking for volatility.
I'm all for civility and if I could I would have blocked ralph a long ago. We are going to have to be stuck with this psychopath in the mean time
I am not experience with a situation like below. Do you guys have any idea what might be the impact on market of following liquidations ? From BBG: http://www.bloomberg.com/news/2011-...tomer-shortfall-of-600-million-cftc-says.html MF Globalâs trustee won permission to transfer 50,000 accounts in which customers of the failed brokerage have 3 million positions and over $100 million at stake, saying the move will help avoid liquidations. Accounts that arenât transferred will be liquidated in an orderly fashion beginning Monday, Kobak said. Frozen Accounts Giddens froze 150,000 customer accounts, including 50,000 commodities accounts, on Oct. 31 at the broker-dealer.
Someone is going to pay Giddens. I had money stuck on Tuco Trading and even though it was downright obvious there were no fraud or misuse of clients funds it took about a year for the guy who took over to give the clients money back. He took plenty of healthy fees in the mean time of course