Another entry (1.2991) missed by a measly pip . Not as bad as missing an entry last monday by half a pip though. I must have really pissed off the big guy.

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To be fair, they were more speculative and not for the "trade with trend" crowd. I didn't take 1.28, but mainly because I wasn't paying attention. It was worth a shot though. A one-third retracement of the 2010 fall.

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It was possible before. A little above 1.28 and 1.29 were possible longs, both being established levels.

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It's not misdirection at all. You also can't blame the US financial situation just on military spending or even its hegemony. Are you suggesting this was a selfless sacrifice, or just stating fact? It wasn't to protect against communism, it was to ...

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This wasn't done for the benefit of Europe, but for the US itself. US may write cheques, but with money borrowed from somewhere else. So who is really paying?

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"Large Traders" as a group are massively short. You're looking at a picture without reading the story. There's more to trading than drawing a line on a chart.

EURUSD has corrected...

I don't have that problem, but I can see how many people would. But how many traders just stare at charts all day? I'd shoot myself before doing that. I intentionally trade slower intraday to position trade so I don't have to stay glued to a ...

You know you are a trader when.....? (Serious answers please)

Who could do a little work in January, take the rest of the year off, and make a shitload of money? A trader who shorted the euro, that's who. Add to it along the way, even better. Very possible while navigating parties, orgies and stripclubs. Or ...

You know you are a trader when.....? (Serious answers please)

You make a trade. Trader, like any other job, is just a description of the job. I'm sure we'd like to think that all jobs require a certain amount of expertise, but I think most of us will agree that there are many incompetent people in all ...

You know you are a trader when.....? (Serious answers please)

You make 10%, turning 10k into 11k. Now you must pay rent, food, utilities etc. The only way you'll make a living off 10k (and grow it over time) making just 10% per month is to have no expenses. Trade conservatively? More like the opposite - you'll ...

(can) small accounts make a living ?!

If only we had a free market to tell these politicians where to shove their "solutions".

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Anyone else have an unfilled short order at 1.28?? Sums up my week .

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That guy is a pimp, my hero for the day . Hope I come away strutting like that over the next week.

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It's going to vary greatly with strategy, but I've been doing a lot of thinking these last couple of days about my own stop losses. Over time this year, I've tightened them to the point where it's difficult to build a position because they require ...

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Why were you long? How much room did you plan on giving it? Did you have a plan? What was your analysis?

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1. Could easily be variance. 2. By definition we are all gambling. I'm not trying to discourage you, for all I know you could be God's gift to the markets.

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I don't think anyone was bashing. I certainly wasn't, you just took it personally. Even being extremely luckily wouldn't net 550% in a single day without trading extremely aggressively. You'd have to be scalping very aggressively and catch a runner, ...

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I found myself a new kind of laugh there .

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If you trade aggressively enough to increase your balance by 550% within one day, you may be waiting awhile before you're in the big leagues.

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He likely meant a stronger than normal retracement.

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