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Jay Walker replied Jan 30, 2009Exactly, a number of people are trading real money. And since a stop loss is part of basic money management, you better believe your bottom dollar that they have a grip on it. If they don't they don't last. It's that simple. It's nothing personal.
EURUSD
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Jay Walker replied Jan 30, 2009I routinely have 300+ pips S/L. Sometimes as high as 600. Obviously, I trade a large time frame.
EURUSD
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Jay Walker replied Jan 30, 2009Yes yes and yes. It's a pain in the ass, it's unfair, it's immoral, it's all sort of things. Now that this has been said, two things to remember - It's not an actual rule yet -Prepare so if it does become a rule, you're not caught with your pants ...
Leverage Limitation for Retail Forex
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Jay Walker replied Jan 30, 2009Small price to pay if you ask me.
Leverage Limitation for Retail Forex
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Jay Walker replied Jan 30, 2009Yes. But in all honesty, do your homework. Are you comfortable with a 100 pips stop loss? Would you chew your nails to your elbow anxiously waiting to see if you will end in a profit or loss situation? The good S/L is the one where you can sleep ...
EURUSD
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Jay Walker replied Jan 30, 2009I'm certain that the oil guys are shooting the breeze on a regular basis. But from that to say they are talking daily to decide the price of oil/gas before they finish their morning coffee? I don't think so. But just for fun, let's go out on a limb ...
Sweet, sweet Oil
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Jay Walker replied Jan 30, 2009Now that we see the potential problem, let's talk about the potential solutions. What are the good brokers outside the U.S. of A.?
Leverage Limitation for Retail Forex
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Jay Walker replied Jan 29, 2009I think you'll make some pips so long as you let your trade breathe.
EURUSD
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Jay Walker replied Jan 29, 2009Some love to point the finger at the speculators. Last year, when the price of oil was so high that people stopped driving around, the speculators where getting blamed. Gas was getting more expensive for Americans while it was getting cheaper for ...
Sweet, sweet Oil
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Jay Walker replied Jan 29, 2009Oil to go back up — Opec pledges to push oil above $50 "Opec members need an oil price above $50 a barrel to make exports worthwhile, the head of the cartel said today, adding that more production cuts were possible this year." So hang on to ...
Sweet, sweet Oil
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Jay Walker replied Jan 29, 2009I'm in complete agreement with you when you say the US started going to Hell when the gold standard was killed. But I'm not so sure that the US could call in the cost of bailing the European countries. Well, the US could, but who's to say that ...
EURUSD
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Jay Walker replied Jan 29, 2009I'll make myself the Devil's advocate for a moment. I'm doing this in an attempt to spark a debate and hopefully learn something. This is a list of Gold Reserves by EU country. image The source is url One quote is "The Europeans wants the Euro ...
EURUSD