Most veterans would have blown their acct b4. Consider that battlescar , wear it proud.

Some has taken the margin call medicine but still come back to fx scene after the med wears off

Lemme guess, fed decision on no rate cut, 19 March...up 400 pips. Many were made veterans that day. Battlescar till mother also cannot recognize..

don't wait too long..the train is already moving for EURUSD

Speaking of fundamental...beware of high impact FOMC meeting tonight. Don't hold your positions and rampage through the FOMC ...risky. Unless you wanna hedge with both direction and prime your SL.

Wah, bang PC if you missed the pips...i wonder what you would do if you lose a trade.

And you just adviced our friend here not to effect the emotion

Anything could happen bro. Maybe another Fed push for USD to devalue. Will know more as we approach the meeting, but damn...middle of the night. Set alarm clock to wake up also mind isn't sound enough to know what the heck is going on.

looks like greece has made a smoke screen on FOMC momentum...downtrend dunno if its due to which one...will check again later. If i am not too lazy and snooze my alarm..

* putin has long shown interest on greece as their gateway to EU. while greece can be a whore now..

This post has been edited by oreomambo: Apr 8 2015, 11:16 PM

No really, checkout EURGBP ....it went down sharply.

Slot machines has no human at the other end other than yourself. Result of the slot is entirely system.

Trading however is derived by human factor, not system. Not just you but every single person who click on the buy/sell button. Be it news, panic buy/sell, ranging low activity..etc. Hence the difference between slot machine and forex is..psychology and cognitive.

In my position, i have the chance to meet up with high level member from IBM. They have this system call "Watson" which they would be eager to sell the service to us. Watson is like your sci-fi "Skynet" or Siri alike, rather smart. However, they will need to load huge amount of data, it will give you some interesting answer. Even medical diagnosis and stats of right meds to use for the symptom.

I was asking can we actually use it on forex and stock market so Watson can predict market movement. Answer is no. As there is too much human driven factor here supplemented with economic event. It was attempted before but result wasn't convincing. Even AI cannot trade with technical data alone.

This post has been edited by oreomambo: Apr 9 2015, 03:40 PM

Well said!

THat is dependent on individual.

If he "thinks" EUR/USD will go down in daily trend, with intention to open it for long term, with all supported technical data and sufficient news to give him a gauge of sentiment, then that is still trading by his definition.

But there are some of us who is intending not to hold it longer than a day and objective is short term only and not getting hit by some unplanned news which would change the direction. If the trader is holding it for 10hrs , and 10 hrs and 10 hrs due to ranging market ...but yet intending to do short term, then he is breaking his objective.

Dammit, missed the down train that started 3 hours ago.... (no PC were harmed while typing this).
What was i doing? getting stuck in crazy jam ...

check 1HR tf..sliding down since. retrace also think twice of entering...oversold. Thats close to 100 pips down for the last 3 hours. might go range bound now ..

Still riding this lovely southern train there for EU ..looks like it broke the bottom.. would take a struggle to hit the 1.04xxx one month ago. lets see.

Wa.. The range bound having rather fierce bull and bears. M1 candle dishing out like 7 or 8 pips..

Come back bro, no one is asking you to leave. Just on forum rules and regulations.

I must say you've been contributing positively here and we all learn a thing or two from you. Don't get many FTT here and your sharing of experience is valuable.

*gasp* *faint*

The magnitude of the trading and gain is insane! I wonder if he took advantage of any software loophole on MT4 to report it correctly. Yet he believes trading is mathematical...

Yes, he even have a linked in account. I believe he is an independent fund manager and probably not working for a bank.

The amount is one thing, but how he grew it with acceleration is abso-fkin-lutely stunning within a short period.

His review on pairs on dukascopy long time back. Apparently his location is in isreal.

https://www.youtube.com/watch?v=gegwQR6jCvg

Odd thing is, there was another google link that indicated him for 'scam' which might or might not be true.



This post has been edited by oreomambo: Apr 15 2015, 11:16 AM

But those fx tournament isn't real money, correct? you can stick in all the lot you can, lose also won't cry over it. Just create another acct

after drag-it tok kok, then we have another mid impact fomc tok kok. Two kok-talkers from two places would make us all kok-eye on which direction it would go.