Hate to break it too ya $250 may be, "actual money," but in the trading game it isn't "real money." $250 is a good night on the town. What the other guy said, take a loss and move on, learn from it. The longer you can stay in the game without ...

EURUSD

Why would you allow yourself, to consider even losing that much of an account? If you can't ever accept a loss and are pig headed about where you think price is going there is no hope for you in trading, you are wasting your time.

EURUSD

pfffft that doesn't matter when you're trading 100k demo account.

EURUSD

You may be waiting a while every trader and his mom is eyeing previous monthly lows as short targets.

EURUSD

It will test or dick around 1.2100, after that we will see lower lows. There I made a prediction, so bottom picker boy can talk smack to me if I'm wrong.

EURUSD

If you must know I'm currently trading at $10 a pip with 100 pip stop loss that is 5% risk to my account for any one trade. No, I'm no warren buffet. If you must know go get calculater and figure out my live account size. O and I'm up about 138 pips ...

EURUSD

What sure is?

EURUSD

P.S. Quit saying, "panic low." It's not a panic low, there is plenty of room below for EU.

EURUSD

Ok, great. But, what percentage of loss is that too your account? That is far more important.

EURUSD

Don't be too hard on him, he's making the same mistake all noobs make, thinking trading is about finding the absolute bottom/top. What he's probably realizing now, is that is how most traders lose their money.

EURUSD

How are those longs doing buddy?

EURUSD

Keep trying to guess that bottom lol. Just past 1.2100 for the third time in a down trend. Its about to go at least fifty pips more short.

EURUSD

How would that be bad news for the USD?

EURUSD

You'll poke Your eye out kid.

EURUSD

1. It's Friday traders are dumping positions and taking profit. 2. It may have been long lately, but the general consensus is doom for the EU. 3. All those dips likely have long stops behind them and are too attractive not to hunt. 4. It's Friday

EURUSD

You mean like all the stops that are likely under every dip on the EU?

EURUSD

I see so if EU moves 100 pips within one day it's highly unlikely it will just continue another 100 pips in the same direction? good to know. I think you've got a winning method/theory..............ahahahhahhaha.

EURUSD

It's hit that trendline too many times, I think now it will blow through it and take out stops.

EURUSD

Well, I wish you luck. But, I put no faith in any demo results. I've only ever demo to learn a method's rule and nuts and bolts. IMO demoing to test a method is tottally pointless. IME demo never works out the same as live, and not because of ...

How Many Accounts Did You Blow Before You Got It Right?