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Old 01-04-2007, 16:59   #226
jgerousis
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Re: The Best Way on Forex

Quote:
Originally Posted by MickMason
jgerousis, please can you explain the following post of yours, http://www.moneytec.com/forums/f14/how-beat-forex-market-22010/page3.html#post220962 and answer the questions raised.......



You say someone you know bought 10 lots Gbp/Usd and lost 100,000k in one day? Did you mean 100,000K as you wrote or 100k (assuming you know the difference of course).

Are you referring to US dollars because if you are that would mean Cable (Gbp/Usd) dropped 10 cents (1,000 pips) in one day which is highly unlikely, and even more unlikely is that he didn't have a stop.

Is this just another example of your wild imagination, and by quoting such ridiculous figures just another demonstration of your total lack of trading experience and understanding of the forex market?

Please explain.

You answer. !.!.!.
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