when you say that you probably wont trade like this with real money is it because of the draw downs. I can see where a guy can get down thousands before the turn a round. takes some balls.
Wall
when you say that you probably wont trade like this with real money is it because of the draw downs. I can see where a guy can get down thousands before the turn a round. takes some balls.
I can tell you this. Trading with a "practice" account and a real money account is like night and day. It was alot easier for me to pull the trigger on the fake money account, as nothing would result in real losses. I was also fine with letting it run without constantly monitor the charts. With a real money account, it's a different experience psycholocgically. It's tougher for me to pull the trigger. I tend to take losses more frequently, as I cut my trades and my losses alot quicker when real money is involved. I made close to 10K of fake money in a practice account. I've lost $150 or so with a real money account.
I've now made 3 solid, winning trades in a row. But prior to that, every trade I was making was a loser.
1iron,
I can tell you this. Trading with a "practice" account and a real money account is like night and day. It was alot easier for me to pull the trigger on the fake money account, as nothing would result in real losses. I was also fine with letting it run without constantly monitor the charts. With a real money account, it's a different experience psycholocgically. It's tougher for me to pull the trigger. I tend to take losses more frequently, as I cut my trades and my losses alot quicker when real money is involved. I made close to 10K of fake money in a practice account. I've lost $150 or so with a real money account.
I've now made 3 solid, winning trades in a row. But prior to that, every trade I was making was a loser.
Got a question......Do you think these 100 150 200 pip moves up or down in some of these pairs are always news related ? What else can it be to make a move like that ?
Wall
Got a question......Do you think these 100 150 200 pip moves up or down in some of these pairs are always news related ? What else can it be to make a move like that ?
Check the time of the market tank and watch the correlative dumps in the currency.
The market implosion has a direct impact on the currency, no doubt about it.
In a way if you can stomach the drop, the market is gyrating seriously and you can make a profit when it bounces and sell when it hits resistance..or in the case of this market, just sell around noon every day.
1Iron,
Positively it is.
Check the time of the market tank and watch the correlative dumps in the currency.
The market implosion has a direct impact on the currency, no doubt about it.
In a way if you can stomach the drop, the market is gyrating seriously and you can make a profit when it bounces and sell when it hits resistance..or in the case of this market, just sell around noon every day.
they're all basically the same, just different graphics, etc
wall, are you using the chatrs v1.0?
Its v2.0 actually. I just dont like how the candlesticks seem to update slowly and the technical indicators arent crisp and its hard to read..probably due to size.
US.CD comind down after being up a ton..almost back to where I sold it.
Quote Originally Posted by popinjay:
err, i think most of us are using forex.com..
they're all basically the same, just different graphics, etc
wall, are you using the chatrs v1.0?
Its v2.0 actually. I just dont like how the candlesticks seem to update slowly and the technical indicators arent crisp and its hard to read..probably due to size.
US.CD comind down after being up a ton..almost back to where I sold it.
can you believe that crap? That sucker was dead and down, then they reverse it 150 pips tonite.
Also my Eur.Jpy has reversed 150 pips tonite and I am up 700 bucks and counting, looking for my original sell at 120.40 which would probably bag 3k again.
I cannot believe the US.CD tanked like that.
Out of my US.CD for 30 pips..
can you believe that crap? That sucker was dead and down, then they reverse it 150 pips tonite.
Also my Eur.Jpy has reversed 150 pips tonite and I am up 700 bucks and counting, looking for my original sell at 120.40 which would probably bag 3k again.
Hot Forum Topics
