Brewski's Leverage Abuse

This is a discussion on Brewski's Leverage Abuse within the Trading Journals forums, part of the Reception category; Nice one Brewski, Now show em your real account if you dare. haha. See you soon. You're welcome to come ...

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Old Aug 4, 2017, 4:29pm   #91
 
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Nice one Brewski,

Now show em your real account if you dare. haha.

See you soon. You're welcome to come driving in my second hand fiat in the meantime.

Lee
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Old Aug 4, 2017, 4:36pm   #92
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What else could it be about? All I'm trying to do is get a winner go for a few grand
Probably to impress the ladies. Same as lighting up a cigarette with a £50 note.
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Old Aug 4, 2017, 5:05pm   #93
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I am curious of your reasoning. When I asked for a stack of the hot money you are trying to get rid of, you said no. Quite understandable: tightfistedness. What causes you to believe other people will give you a stack of cash just like that when you yourself would not entertain such an idea ?

Is the belief that money coming out the the market grew on a tree, therefor you can just pluck it off ?
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Old Aug 4, 2017, 5:15pm   #94
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Nice one Brewski,

Now show em your real account if you dare. haha.

See you soon. You're welcome to come driving in my second hand fiat in the meantime.

Lee
Which casino do you hit?
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Old Aug 4, 2017, 5:18pm   #95
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I am curious of your reasoning. When I asked for a stack of the hot money you are trying to get rid of, you said no. Quite understandable: tightfistedness. What causes you to believe other people will give you a stack of cash just like that when you yourself would not entertain such an idea ?

Is the belief that money coming out the the market grew on a tree, therefor you can just pluck it off ?
You understand my reasoning, I am a gambler looking for the thrill of a big win. I want to put £200 on 34 red and watch it roll in.
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Old Aug 4, 2017, 5:18pm   #96
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At least you're still trading and still posting brewski.

For interest, would you have used the same set-ups (not necessarily taken the same trades) for long-term trades as for your day-trades with this account?
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Old Aug 4, 2017, 5:23pm   #97
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You understand my reasoning, I am a gambler looking for the thrill of a big win. I want to put £200 on 34 red and watch it roll in.
Yes, I understand what you are doing. Imagine I run the casino, what reason do I have for not pushing the special switch so that it doesn't land on 34 red, especially when I see you go big and try to ruin my business ?
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Old Aug 4, 2017, 5:30pm   #98
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At least you're still trading and still posting brewski.

For interest, would you have used the same set-ups (not necessarily taken the same trades) for long-term trades as for your day-trades with this account?
I literally have no set-up at all for anything other than go with the trend, for example this week usd has been a sell. I look at a few charts, decide which one I think is the most likely to go in to a profit and just enter. One trade takes me out and I just go straight into another.

As I said earlier, considering the amount of trades and value of them, I've actually not lost that much money considering what the reward will be. I've probably lost 25% of it just paying guaranteed stop premiums.
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Old Aug 4, 2017, 5:33pm   #99
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Yes, I understand what you are doing. Imagine I run the casino, what reason do I have for not pushing the special switch so that it doesn't land on 34 red, especially when I see you go big and try to ruin my business ?
Then all the other guys that haven't bet on 34 red have the edge.
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Old Aug 4, 2017, 5:37pm   #100
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Then all the other guys that haven't bet on 34 red have the edge.
True. But it would make sense to land the ball on a small bet. The casino's winners will then pay for the small loser. Market is a bit like that I think. In order for you to win, you have to be the small bet compared to all other bets. Going with the crowd aka trend will cause you to lose because then you are part of the big bet.The market must land on the small bet or it will go bankrupt.
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Old Aug 4, 2017, 5:40pm   #101
 
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Which casino do you hit?
Gunwharf, Portsmouth tonight. Goodwood on the horses tomorrow. Rest Sunday. Will need the sleep.

Just getting ready to go out after spending the day getting fitted for a fantastic but over the top blue suit and pink shirt - I'm standard size so very little tailoring involved. I'm gonna look such a d1ck tomorrow.

Have a good weekend mate.
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Old Aug 4, 2017, 5:47pm   #102
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True. But it would make sense to land the ball on a small bet. The casino's winners will then pay for the small loser. Market is a bit like that I think. In order for you to win, you have to be the small bet compared to all other bets. Going with the crowd aka trend will cause you to lose because then you are part of the big bet.The market must land on the small bet or it will go bankrupt.
I know what you're saying although I don't go with the crowd, I go with what way the market's going. I've just looked and CMC say that usd/jpy has 70% of their clients as buyers and I've been selling. Dow today is 79% sellers where as I was buying earlier in the week. Not that I ever pay any attention to their client sentiment.

The market either goes up or down, I don't care why. I enter randomly and hope for a 100-200 point move in my favour.
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Old Aug 4, 2017, 5:54pm   #103
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Gunwharf, Portsmouth tonight. Goodwood on the horses tomorrow. Rest Sunday. Will need the sleep.

Just getting ready to go out after spending the day getting fitted for a fantastic but over the top blue suit and pink shirt - I'm standard size so very little tailoring involved. I'm gonna look such a d1ck tomorrow.

Have a good weekend mate.
Very extravagant!

I've been to that casino years ago with not much luck, I may join you one evening. Give them a bashing mate
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Old Aug 4, 2017, 5:57pm   #104
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If you got the direction right, then you would have to deepen the stop or eliminate it altogether. This is the man'ing up part. Public info in that respect came from the merchants who tell you at what point they can take your money. If you 10x the number they recommend, they will have no way of taking you out because their real intent would be to go take money from the big bet..
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Old Aug 4, 2017, 6:03pm   #105
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brewski1984 started this thread Swings and roundabouts. If you want to trade 1p a point and keep a trade going for 10 years that's up to you.
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