Posts by Chikot
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Same to you. I prefer profitable one. [quote]CrazyTrader posted: Happy trading[/quote]
I am Canadian trader. My last FX account was closed by Oanda some 3 years ago or more. I wonder, why people do not consider moving into other instruments. Futures might be a good option for those who already know how to trade.
Well, Bob, one cannot be free while policing others and interfering in other businesses. It is all coming back to roost now. Also, freedom / liberty means certain risk taking. Those who sell liberty for security won't get neither. One American I admire is Ron Paul. It is pity he did not have a chance. [quote]ForexAssistant posted: "i have dual citizenship and i can say that usa is a very super great country,love this place so much" I was born here in 1952. I see the country today from a perspective of what we were and what we lost, you are coming from somewhere that hadn't qui......
"Just Oil" In Experienced Traders Dec 18 at 14:28
Never underestimate Mr. market :) Anyway, I have no doubt crude will be back to $100's and possibly higher in say 1-3 years time frame. Shale oil production spike that caused oil glat on the market alos had created condition for shale oil production reduction due to current price issues which will create financing issues. It involves a lot of drilling to just keep those shale oil flows stable. However it take time. Meanwhile I wonder how those shale oil guys gonna refinance and pay back their debts and if I am not mistaken there the whole junk bon industry based on that... Might be another 20......
Crazy Trader, you are wasting time here. Were you to spend more time on your trading instead of dick swinging you trading would have become better. The best way is to trade and keep low profile. My trading become much better after i stopped engaging in meaningless chit chats. You know, bad energy and all.
I assume you are not. Maverick from ET would not bother posting in this place. sorry for bothering. [quote]mavericks posted: I can assure you that I have been in market much longer than you. Fact that I have a new profile doesnt make me a noob and it doesnt change the facts I have mentioned in previous post.[/quote]
Maverick, are you the one from ET forums? [quote]mavericks posted: I can assure you that I have been in market much longer than you. Fact that I have a new profile doesnt make me a noob and it doesnt change the facts I have mentioned in previous post.[/quote]
"Just Oil" In Experienced Traders Dec 18 at 09:45
Ok, some news to report. Just finished building cushion on my futures account to start trading 2 contracts. Which means $25 per pip/ tick. which means my account is 50% up. Next target to add another 50% , new cushion to increase my size to 4 contracts which is $50 per pip/ tick. I am still on 1 contract this month and will increase size starting January 5, 2015. On this account I have max daily loss on 1 contract $200-250, but as I requested from my broker, once realized loss is $150 account is blocked for a day. also cannot open more than 1 contract now. Need to ask broker to increase a......
I also use cushion but for only one reason, to increase my trading size. You seem to look for cushion as a way to wait through unrealized draw downs. You need to work on your method first and be patient. Back test, set rules and practice. Do not waste real money until you do not lose demo money and have self control. It is better to go all in when it comes to real money when you are ready than to bleed those money time after time to the market. It is good to have a good stake when you are ready. i did just that. Remember, you can only fool yourself and this thing cannot be pushed. Especially,......
[quote]wasim posted: [quote]Chikot posted: You know the answer yourself. Your average win is 4 times smaller than your average loss... Your results on myfxbook mean nothing at all. Your risk control is not good. Just look at your draw downs. Make sure that you trade in disciplined manner and with proper r:r playing from defensive and you are not losing money on demo, then go live. Set daily loss limit and abide. be disciplined. Then after you are not losing money after all this you can go live. Otherwise you will lose money for sure. [/quote] I agree with you. Drawdown is actually part and ......
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