It really doesn't matter who messes up what in this economy. As long as you can keep your head afloat in forex, you're good.

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You get commission?

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I'm happy to pay for the screw ups as long as I can make more money back then I pay in. I think there will be lots of opportunities at the moment. The only mistake I made (for now, but we'll see were it ends) was buying 10,000 shares of WAMU for ...

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Warren Buffet was soooooo right when he said: When people are greedy, I get scared. When people are scared, I get greedy. That's how you build a fortune. Let this be a lesson for all of us. Happy trading, and I wish you all big gains. Shamu

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Lol, I love the whole thing, I bought Shiti bank shares for $1 and sold them for $2.75, I bought GE for $7 and sold them for $10, I bought AIG for $0.55 and sold them for $1.68 I love the current situation because of the very easy money that can be ...

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Do I read this right? A s/l about 400 pips away and "only" trading 2 lots? That looks like an $8,000 risk. Demo trading I guess? And then with a target that's only half of that?

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But after that I hope to get a chance to go short big time from 1.3415

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I have a feeling that its gonna be slow in the next couple of hours. We need some patience here

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Both

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Maybe that's why your planning is 50 years? The traders that use fibs might get there a little sooner.

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By the way, just reading your signature, can you give me any reason to help ou with your debt? I can't imagine there is any.

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Is there any reason to say this? Can you explain? Post a chart?

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That would take decades of negotations.

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Risking 5% account value in 1 single trade? That sounds like committing suicide

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Going to sleep, I have a small trade open to the upside, no s/l, no target.

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Its not you today, it EU. Many people having problems.

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Just like to know if it is me or are there more people that found EU difficult to trade the last 12 hours or so?

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Whats their biggest bank note now? A quadrillion?

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lol, the dollars you mention are way too high for me. I would not risk more than $1.00 per pip in a $1,000 account. Edit, oh I didn't see but you use GBP But just to see what is possible, a few weeks ago I opened a sub account for $1.00 (only ...

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It also depends greatly on the total account size. My experience is that when the account gets bigger, the profit % goes down. And that makes sense to me. If I would get 1% per day 5 days per week it would be far over a million in less than 2 years ...

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