Hi danielfx, welcome to Moneytec, I see that was your first post!
I thank you for taking the time and trouble to reply here and offer your advice and share some of your trading strategies.
I feel I should probably explain my initial post and the original topic, it was meant to be sarcasm (the lowest form of wit, I know!). It just struck me that, in a business where allegedly 90% lose money, everyone here on Moneytec seems to be coining it in, no losers. I guess I was inviting a few posts from people who
have lost and turned their trading around and could share how they did it. I can guarantee that around 80% of posters here aren't making any money although they won't admit to it, maybe reading a few '
real' stories would give them some encouragement. It must be difficult in a public forum where everyone claims to be a successful trader to come up and say 'please help, I'm losing my shirt here!'. The vast majority of us have indeed lost a lot of money initially, only the exceptional few never suffered a rapidly falling equity curve when they first started.
I've been trading for around 12 years, the first 3 were very tough, the next couple were up and down, and fortunately the past 7 or so have been consistently profitable overall (bigger wins than losses), I keep my fingers crossed every day that no-one cottons on to my smoke-and-mirrors trading style
ps Hi Yasir!
Now, is it time to long cable does anyone think, 1.8165 seems to be holding and 1.20 in Eur is going to be tough to break, is this it for this round of dollar bulls?
Cheers
Mick