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Old 29-12-2004, 05:03   #33
jtb790
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Old 29-12-2004, 05:45   #34
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Re: Re: Re: Re: Re: Re: Re: Re: 25 more winners in a row

Quote:
Originally posted by MickMason


lol, you're absolutely right, no-one has ever posted before about how they're short Eur/Usd from 1.21 on a live account and down more than 1400 pips, and up 100 trades for 3 pips per trade on a demo account! Even if you make 1000 winning trades it isn't going to help your accruing losses, it's not real money! Even if it was real money it still wouldn't help, 100 trades at 3 pips is 300 pips, compared to 1400 pips in losses.....you're joking, right?


Mick
In my live account I have a position that is -1400. But that doesn't mean my average price on the trade is 1400 points away from market. I have over 50 other postions. You have no idea how far away from market I am.

You want to make up some more things about me now?

Do me a favor, make over 60 winning trades in a row with no losses on EUR/USD then put up the proof - or shut up.

Thank you.
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Old 29-12-2004, 06:47   #35
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Average

All I see is averaging up and down so that if the posi goes against you when you sell then you sell more at a higher price. This will surely cause you to get burnt in a trading market as is the case from your 1.21 short in September. You are using a martingale type of money/trade management system and in my opinion this is very dangerous. If your pockets are VERY deep then you will probably survive this madness but if you are like the rest of us then you are in serious trouble, friend. Will your account survive if the eurusd reach 1.5 without any deep retracements? Will you have enough margin to carry your positions? The interest payment for the carry must surely be killing you as well?
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Old 29-12-2004, 08:43   #36
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Re: Average

Quote:
Originally posted by TradeMan
All I see is averaging up and down so that if the posi goes against you when you sell then you sell more at a higher price. This will surely cause you to get burnt in a trading market as is the case from your 1.21 short in September. You are using a martingale type of money/trade management system and in my opinion this is very dangerous. If your pockets are VERY deep then you will probably survive this madness but if you are like the rest of us then you are in serious trouble, friend. Will your account survive if the eurusd reach 1.5 without any deep retracements? Will you have enough margin to carry your positions? The interest payment for the carry must surely be killing you as well?
Absolutely!

I think the guy's having a dream, or perhaps a nightmare, stupid is as stupid does.....but then he has his demo account and straight winning trades, that should make everything ok

Mick
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Old 29-12-2004, 10:35   #37
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JTB,

You might not remember me. I have a thread named awesome scalper on this board. You came to my thread saying that a real scalper was able to do 250 per day basically meaning that my scalper was not good.

I see that you are able to acheive good results scalping manually the market.

If you want, I would be more than willing to automate this scalping strategy. Send me an email if interested.

Good luck!
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Old 29-12-2004, 11:21   #38
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Question

Hey jtb, a question.

How is it that you went from 100,129.32 at Dec 29 00:21 to an account balance of 99,980.58?

I thought you didn’t have any losses?
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Old 29-12-2004, 14:26   #39
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Quote:
Originally posted by Truville
Hey jtb, a question.

How is it that you went from 100,129.32 at Dec 29 00:21 to an account balance of 99,980.58?

I thought you didn’t have any losses?
Nah, it's just the way OANDA clears their trades. Look at the bottom line - the balance - it goes UP each time a group of trades are closed at once.

You'd know that if you had ever won more than one trade in a row.

Go away now.

Thanks.

Last edited by jtb790; 29-12-2004 at 15:07..
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Old 29-12-2004, 14:30   #40
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Quote:
Originally posted by 2Extreme4U
JTB,

You might not remember me. I have a thread named awesome scalper on this board. You came to my thread saying that a real scalper was able to do 250 per day basically meaning that my scalper was not good.

I see that you are able to acheive good results scalping manually the market.

If you want, I would be more than willing to automate this scalping strategy. Send me an email if interested.

Good luck!
Thank you for the offer, yes, I do remember you. How is your scalping system coming along?

Automate my system? Well, the particular scalping system I am using on the demo here to make a consecutive number of winning trades in a row is not the system I use to scalp 1000 points per session nor is it the system I am using on my live EUR/USD trade.

I will think over your kind offer but I have always held that there is no way to automate trading successfully over the long term - because there are just too many subtle variables that arise that simply cannot get programmed into software. But you'd know that better than me, perhaps it can be.

But as I think I indicated before, if you got something that works for you what more can you ask for?

Due to thin market trading levels I may wait until after the new year to continue with the updating of this thread with trading platform snapshots et al. I've got 37 more trades to go in order to make it 100 out of 100 straight wins - no losses.

Best regards.

Last edited by jtb790; 29-12-2004 at 14:56..
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