Difference between amateurs and professionals

[EnlightenedJoe]

Why would margin requirements bother you if you have so much money in reserves?

Cash is for opportunities. They are not there to be tied up, deliberately. Accidently, then ok.

 

[postman]

...
Short Spx @2442.5, no limits.

The second trade taken purely to demonstrate to the less experienced how to make money from spx.

5 hours later and your down 10 handles. It raced off in the opposite direction from the moment you opened the trade.

 

[EnlightenedJoe]

5 hours later and your down 10 handles. It raced off in the opposite direction from the moment you opened the trade.

I am £8.50 down. Is that bad ? I'll withdraw some from the dax cash machine tomorrow and cover it.

In any case, the new guy in the TA thread doesn't believe I can influence his trade. Maybe this will teach him to learn some respect.

 

[EnlightenedJoe]

Short German bund @164.58 x 137 units.

 

[itspossible]

long custard

 

[Dowser]

I'm short rhubarb here

 

[Oscar Reed]

Flat Pie here

 

[postman]

I creamed it today.

 

[darktone]

Mmm just desserts

 

[darktone]

sorry, back on topic.

p

 

[EnlightenedJoe]

Happy to see everyone is having a good time, and breaking out the party food, etc. Quite frankly, I don't know why. Maybe end of summer celebrations or something ?

 

[postman]

Cramer is telling us to 'Buy the dip' - must be time to sell.

https://www.cnbc.com/video/2017/08/...-the-stock-markets-useless-august-action.html

 

[mpups]

p

haha mmm an appetizing poo pasty

 

[EnlightenedJoe]

Missed a previous cash withdraw from the dax ATM because the merchant was way too snappy. But the cash is mine this time. Closed the top position.

 

[bigmistake]

Most difference is professional make decent profit with Forex while newbie only lose or make inconsistent profit and cannot make a living by forex.

 

[postman]

Most difference is professional make decent profit with Forex while newbie only lose or make inconsistent profit and cannot make a living by forex.

foroom are you back already?

 

[brewski1984]

Missed a previous cash withdraw from the dax ATM because the merchant was way too snappy. But the cash is mine this time. Closed the top position.

There's a steam roller out there with your name on it, pick up as many pennies as you can

 

[EnlightenedJoe]

There's a steam roller out there with your name on it, pick up as many pennies as you can

Glad to hear you are back as a steam roller driver rather than a gambler. I heard those jobs don't pay bad.

 

[NVP]

Most difference is professional make decent profit with Forex while newbie only lose or make inconsistent profit and cannot make a living by forex.

thats cleared that up

 

[darktone]