Trading Ftse £1 Per Pip, With 3000 Pip Stoploss!! :)

[rathcoole_exile]

the title of prop idol is yours

that gets my vote for Quote of The Year 2008 :clap:

 

[normbeef]

Goodbye...and good luck Spanish89 I have a theory about you. and it goes like this..

by Xmas you will be in gaol...

 

[i love spanish]

i miss you my little spanish fly

 

[normbeef]

i miss you my little spanish fly

Classic

Spanish89 you are like the *Eddy the Eagle* of trading...

we all know your a complete idiot... but we still love ya...

 

[MrGecko]

anybody remember Eddy the Eel, from the Olympics? Beef is that who you mean?

 

[normbeef]

anybody remember Eddy the Eel, from the Olympics? Beef is that who you mean?

Yeah... its Eddy the "eagle" the nutter who had inch thick glasses and did SKI JUMPING...

I think he had a No.1 hit single as well ... some of the younger viewers might not remember this clown.. so here is the link..


YouTube - Eddie "The Eagle" Edwards

 

[MrGecko]

Eric is to Swimming what Spanish is to trading...

YouTube - The Dream: Roy and HG on Eric 'The Eel' Moussambani

it was back in 2000, somebody tell me I am not old for remembering it!

 

[normbeef]

Eric is to Swimming what Spanish is to trading...

YouTube - The Dream: Roy and HG on Eric 'The Eel' Moussambani

it was back in 2000, somebody tell me I am not old for remembering it!

Sorry... we got our Wires crossed... there are 2 idiots in the frame..

Eddie the Eagle Edwards - 1 inch thick glasses - SKI JUMPER from the 1980's

Eric the eal - rubbish swimmer - finished last by a mile in the Olympics... (my mum could have beaten him)

classic...

 

[gooseman]

i could swim faster than the eel

 

[Snownation]

What's the point of a 3000 pip stop loss?

What you're doing in Investing, not trading.

 

[gooseman]

one month ago spanish you bought ftse 400 ticks higher. how's your P&L?

 

[gooseman]

spanish-i'm long FTSE-what do I do today? Will it come back?

 

[normbeef]

"Im going to buy the FTSE at 6080 (sept futures contract), with a stoploss of 6079pips (so at '1' point)."


Without wanting to dig up old corpses, I thought it might be of use to show the comment above which was posted just a few months ago... Just in case any newbies were thinking about this strategy..

I know it is one that most think about when starting out.... its that eureka moment after your stops keep getting taken out...

DONT DO IT.... Current FTSE (future) 4948.0