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Tips and tricks!

BellaVista507
Jan 12 2016 at 23:09
251 posts
Look at what happens when you get comfortable with using low lot sizes and you keep listening to people who talk about support/resistance. How would you feel if you bled out like this account has.




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kieran (snapdragon1970)
Jan 13 2016 at 00:19
1945 posts
You have to know when to use support~resistance and when to ignore it.what kind of trading is going on around the support area,is it strong or weak,strong spike through or just by a few points,plus many other factors,plus get to know one product and how it behaves.

"They mistook leverage with genius".
BellaVista507
Jan 13 2016 at 00:20
251 posts
snapdragon1970 posted:
You have to know when to use support~resistance and when to ignore it.what kind of trading is going on around the support area,is it strong or weak,strong spike through or just by a few points,plus many other factors,plus get to know one product and how it behaves.

 Well in theory it sounds good, but doing it, is another monster. How many traders of all who are on this site, has made more then 50% this month alone?

kieran (snapdragon1970)
Jan 13 2016 at 08:19
1945 posts
That's practice,not theory,take for instance the relationship between bonds and FX ,I never see any posts on here about the subject,yet it is a key indicator.Who would believe if I made 50% or not,around FED announcement I made more.

"They mistook leverage with genius".
BellaVista507
Jan 13 2016 at 08:35
251 posts
snapdragon1970 posted:
That's practice,not theory,take for instance the relationship between bonds and FX ,I never see any posts on here about the subject,yet it is a key indicator.Who would believe if I made 50% or not,around FED announcement I made more.


 I say it is theory, because you don't have any proof to support your claim.

kieran (snapdragon1970)
Jan 13 2016 at 09:27
1945 posts
If you didn't make money around the FED meeting that's not my fault,go and get some professional training .

"They mistook leverage with genius".
BellaVista507
Jan 13 2016 at 09:28
251 posts
snapdragon1970 posted:
If you didn't make money around the FED meeting that's not my fault,go and get some professional training .


 Ok, now where is the proof that YOU made money around the FED meeting?

kieran (snapdragon1970)
Jan 13 2016 at 09:39
1945 posts
Go and read my eur/usd blog you will see I had a straddle trade on that day,I actually shared it with some of my friends on financialjuice.

"They mistook leverage with genius".
BellaVista507
Jan 13 2016 at 09:41
251 posts
snapdragon1970 posted:
Go and read my eur/usd blog you will see I had a straddle trade on that day,I actually shared it with some of my friends on financialjuice.

  I understang that you might of had a recommendation, but that is very different from taking the recommendation yourself. I'd also like to point out that straddle trading during high impact news, is by far, the most dangerous thing anyone could ever do. I take it that is why you don't have any accounts to share with us here, because it will reveal how much of gambler you are.

kieran (snapdragon1970)
Jan 13 2016 at 10:00
1945 posts
Trading a straddle during high impact news is a basic trade you learn as a professional,Not for beginners.

"They mistook leverage with genius".
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