Difference between amateurs and professionals

This is a discussion on Difference between amateurs and professionals within the First Steps forums, part of the Reception category; Using dax as an atm machine and withdrew the top amount. Leaving the lower one to let the merchant have ...

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Old Aug 18, 2017, 8:16am   #217
Joined Apr 2016
Using dax as an atm machine and withdrew the top amount. Leaving the lower one to let the merchant have a chance to run against me and get their money back. In trading, we must show consideration and compassion for the kind people who give us money.

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Last edited by EnlightenedJoe; Aug 18, 2017 at 8:21am.
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Old Aug 18, 2017, 8:19am   #218
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Took the money in jp225. Leaving the loser in place for the same purpose as above.

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Old Aug 18, 2017, 8:38am   #219
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Since I am in the mood, might as well grab some from the nasdaq merchant. That top position got there through exceptionally hard work. It's a real pity to lose it. But I am feeling generous and want to let the merchant off the hook this time.

This took my account above 25% towards my next account double. Nice !

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Old Aug 18, 2017, 4:54pm   #220
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Short dax @12171.4, no limits
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Old Aug 18, 2017, 4:58pm   #221
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Short dax @12171.4, no limits
Brave
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There’s no right or wrong, just winning or losing
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Old Aug 18, 2017, 5:11pm   #222
 
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Brave
Isnt brave another word for stupid.
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Old Aug 18, 2017, 5:41pm   #223
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Isnt brave another word for stupid.
You always bet against capacity. So you always lose.
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Old Aug 18, 2017, 8:42pm   #224
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Closed trade to take only half of the amount the trade was originally designed to make. There was a slight increase in risk from market action, though not enough to change the original view. But I am just in a random taking-the-money mood today. Cash in hand is better than birds in the bush, or something along that line.

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