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bullrock replied Oct 4, 2007Thanks Plutonite. It just I was a moron today. I thought I am unbeatble and received a slap from the market... Check my signature. I forgot to check it myself.
I know this advice, happened to me 2000 times. A typical screwup.Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007EUR and EUR/GBP are taking plunges the reason why GBP i sholding
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007The chaos in milliseconds reduced my account like even my wife unable to do that, wiped me out twice with large sums (my fault, shouldn't bet 5% positions)... Now the reason is not my inability or miscalculation of the stuff but the fact that the ...
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007I say no no. The more the price goes your way. The less probable will it continue.... But you never know how long will it go... Maybe on pullbacks you can add further units. But I stay away from this thing.. Id rather close trades...
Averaging Up your winning trade ?
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bullrock replied Oct 4, 200713 minutes to go to the chachin!! or the WTF MF!!!
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007I like this one
And had similar thoughts... Till the close there will be a bumpy ride and approx 9 hours and 20 minutes to go... (for me)Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007The daily chart of the GU is plain ugly... and there is no clear trend.. Head and shoulders, upword poinitng trinagles and all sorts of stuff... For some reason I think that one of the scenarios is that it might shoot up till the 2.06 - 2.055 are ...
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007GU will follow and will fly when you stand on the border of a volcano is about to erupt with an elementary power...
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007If GU decides to go down say 200 pips that is going to be case... I am short with a couple of standard lots.... But it is unlikely as I look at the chart...
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007I am in -15% in the last two days for the month I have made a couple of stupid trades....

Another thing: Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007Yes and AGAIN moving against my positions heavily...
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007It seems to me that there a lot of aggressive buyers out there...
Cable Update (GBPUSD)
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bullrock replied Oct 4, 2007Well, in a hectic market like FX, I am happier if some of the position is in my pocket. on average the market trends anywhere between 20-50% of the time depeneding on the currency. So I weight my positions accordingly. Some have the purpose of ...
Money Management Question
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bullrock replied Oct 4, 2007I can show you some calculations if you want....
I am not saying anything without calculations... Here is what I said that the average motion from entry in 60% of the cases is at least 40 pips... I havent's said anything about that : Read ...Money Management Question