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kalastaja replied Nov 27, 2013Well, for many of us, at least for me MM is not mechanical. You are right, it should be but it takes a large bite of my concentration. But in order to succeed the trade selection is probably more important like in every trade in life. Quiet weeks ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 26, 2013
I was able to recover from my loss in nzd/usd by taking a new short in aud/usd. Now that one is closed and I am back on track. Like others already said MM is most important single factor in this challenge. The other one is careful selection of ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 25, 2013
It should not be too difficult for central banks. Just depo 50 usd, give politicians orders to say this today and that tomorrow and in less than two months national debt is gone
Spain or Italy, interested?Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 25, 2013
Closed before stop, not looking good. Never trade monday mornings
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 25, 2013
I normally don't trade monday mornings but this one looked too tempting
Short nzd/usd, target 60 pips, stop 30 pips. See how it goes, crash and burn is most likely outcome Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 22, 2013
You are absolutely right and neither are mondays...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 22, 2013
Position closed, target achieved. Waiting for next setup.
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja replied Nov 22, 2013
1. Identifying is it high probability trade or not. 2. Waiting
What's the most important activity in your trading business?
- kalastaja replied Nov 21, 2013
Interesting to see how people say it is impossible to do this. I personally feel it is extremely unlikely to hit 15 winners and double your money every time. My best row is like 7-8 winners in a row BUT gains were only like 5-15% per trade. Still I ...
Rags to Riches in 10 or 20 Trades - Simplicity at its finest
- kalastaja commented Nov 9, 2013
Are you serious? Why? Bold comment from someone who normally asks after every news item "Buy or sell" or "long or short" Why you suddenly are sure about this, why big cap? Give me a break.
China October Industrial Output Growth Tops Estimates at 10.3%
- kalastaja commented Aug 7, 2013
Most comments seem to be usd bullish. This alone should be a sure indicator for yen strenght...
USD/JPY dropping in early Tokyo
- kalastaja commented Jul 4, 2013
Most people would not be able to make correct move, even if they would have access to Draghi's speech beforehand. So don't ask what will be impact. Instead, listen, watch and follow PA.
ECB Monetary policy decisions
- kalastaja commented Jun 2, 2013
Ofcourse stocks don't have to fall. They can rise forever. Next reason for rally is that world is running out of stocks. Buy as there is still some available, this might be your last chance...
When Interest Rates Rise, Stocks Don’t Have to Fall
- kalastaja commented May 2, 2013
I am sure that people who blame Draghi or Bernanke cause they lost money are same people who ask here after every news that is euro going down or up and is gold going down or up. I don't understand why people just can't take responsibility of their ...
Draghi: ECB technically ready for negative deposit rate if it decides to act
- kalastaja commented Apr 18, 2013
Well, it was not just a rumor. Egan-Jones actually did downgrade Germany to A from A+, outlook negative. Where's smoke, there's fire...
Talk of a German downgrade doing the rounds
- kalastaja replied Apr 17, 2013
Good. Spreads are awesome, often in most liquid pairs could be zero spread
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