Interesting. so, you open a short trade on cable (GBP/USD) at 1.7624 and if the rate hits 1.7738 (if I read you right) your trade is stopped out at a loss? are you saying your stop loss is set about 110-pips higher? also, you said, "where I excpect it to be pushed to the psychologial barrier of 1.75,..." so, you're trading psychological barriers? s
damn, Michael, you tradin' a HEDGE FUND now? keep makin' those 8% returns and you gonna be sentee-millionaire, brutha!
good point, bro, that, over the long run your account can be UP consistently (even after losses if you have them). I think this will happen to you because of your positive approach, that is one of the most difficult things to maintain while trading fx, for anybody. I feel one thing is for certain: To come out ahead in the long run, being positive and optimistic are a couple of the things that really count most! c
No, i missed the number six. My stop loss is at 1.7638, not 17738. Yep Im trading psychological barriers Its going to be interesting though, and see how it turns out.
u mean I can buy two pizza's.... I love my 1990 Plymouth Voyager with simulated wood grain siding...(the cops pulled me over in the Hamptons) http://www.hamptons.com/
sKaLpZ is a famous former member: Coinz... Coinz is a 10,000% per year trader looking for billions to start a new hedgefund. It has been rumored that most of those returns (a good chunk of $$$) were from Mr. Buffett, and Mr. Gates as they were caught short on the USD. Contact him if you have at least a billion to invest in the Trillion dollar spot currency market.