An important technique to gain profits in forex trading is to monitor the currency market now and then. Otherwise, it may lead to recklessness and unsound investment. Strategies in this business are meant to be followed. It takes a lot of commitment or dedication.
BSD
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Aha, thank you for your contribution, that has definitely opened my eyes, I must say, that is a most insightful and interesting new slant on things.
I've just doubled my account thanks to you and your amazing generosity !?!
Just to show my endless gratitude, what would you like ?!?
I've just doubled my account thanks to you and your amazing generosity !?!
Just to show my endless gratitude, what would you like ?!?
BSD
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Haha had to go google for that but gottit.
Maybe Macy needs some beer first to loosen up and help decide what she wants.
Cheers Macy
rathcoole_exile
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BSD
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I mean hey !
I gettit if Macy doesn't want my coffee.
I could sorta even gettit if she doesn't want my tea.
But her not wanting ME ?!?!?!?!?!?
Think it's time for plan B then, and I'll go and have a drink with this girl here instead.
Ha.
Problem solved.
UKtradergirl
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Lately i've just been trading at random without even knowing what the numbers are to be honest.
So, when i read that i should monitor the currency market now and again, i thought to myself, 'aha!'
I then located this new magic tool on my trading platform which promised to reveal the secrets of the currency markets. It was called a...
.. chart!
Does your advice to monitor the currency markets mean using this new magic tool?
If so... well i have the results for you...
I looked on the chart and saw all the squiggly lines were pointing pointing down. I thought 'that's great it means everything is going down'. So i went back to my platform and hit the 'sell' button for the largest amount my account would allow me to.
What happened next?
The squiggly lines started moving upwards.
Then i watched the numbers flicking by. £10,000... £8,000.... £5,0000... £1,000.
The phone rang at this point. It was my broker. He said he needs more money to maintain the position. Thinking this was a good idea, since i didn't want to take a loss- i gave him my credit card and he added an extra £10,000.
Since i was hoping to have a 100% return on my account today... i was now looking for a £20,000 profit on top of my original £20,000.
I had to pop out to go visit my sick grandmother for a few hours.
When i came back i had no money left in my account.
Why is this? You said that by monitoring the markets i would profit and would not suffer recklessness and unsound investments.
I trusted you.
You failed me.
You gave me a system to win. And i lost.
Where do we go from here?
BSD
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Lately i've just been trading at random without even knowing what the numbers are to be honest.
So, when i read that i should monitor the currency market now and again, i thought to myself, 'aha!'
I then located this new magic tool on my trading platform which promised to reveal the secrets of the currency markets. It was called a...
.. chart!
Does your advice to monitor the currency markets mean using this new magic tool?
If so... well i have the results for you...
I looked on the chart and saw all the squiggly lines were pointing pointing down. I thought 'that's great it means everything is going down'. So i went back to my platform and hit the 'sell' button for the largest amount my account would allow me to.
What happened next?
The squiggly lines started moving upwards.
Then i watched the numbers flicking by. £10,000... £8,000.... £5,0000... £1,000.
The phone rang at this point. It was my broker. He said he needs more money to maintain the position. Thinking this was a good idea, since i didn't want to take a loss- i gave him my credit card and he added an extra £10,000.
Since i was hoping to have a 100% return on my account today... i was now looking for a £20,000 profit on top of my original £20,000.
I had to pop out to go visit my sick grandmother for a few hours.
When i came back i had no money left in my account.
Why is this? You said that by monitoring the markets i would profit and would not suffer recklessness and unsound investments.
I trusted you.
You failed me.
You gave me a system to win. And i lost.
Where do we go from here?
Ha !
I knew I shouldn't have trusted her, but just let greed get the better of me.
Was just too good to be true !!!
Seems I only lucked out by following Macy's strategy.
Looks very unsound actually now looking at it your way UK.
Humph.
Very happy now Macy didn't get me.
Hear that Macy ?
It's neither coffee, tea NOR me for bad girls leading us on.
Can't have hanky panky like that going on here.
Absolutely no way, and that is my final word on the matter !
Woof-woof.
everyonerich
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Lately i've just been trading at random without even knowing what the numbers are to be honest.
So, when i read that i should monitor the currency market now and again, i thought to myself, 'aha!'
I then located this new magic tool on my trading platform which promised to reveal the secrets of the currency markets. It was called a...
.. chart!
Does your advice to monitor the currency markets mean using this new magic tool?
If so... well i have the results for you...
I looked on the chart and saw all the squiggly lines were pointing pointing down. I thought 'that's great it means everything is going down'. So i went back to my platform and hit the 'sell' button for the largest amount my account would allow me to.
What happened next?
The squiggly lines started moving upwards.
Then i watched the numbers flicking by. £10,000... £8,000.... £5,0000... £1,000.
The phone rang at this point. It was my broker. He said he needs more money to maintain the position. Thinking this was a good idea, since i didn't want to take a loss- i gave him my credit card and he added an extra £10,000.
Since i was hoping to have a 100% return on my account today... i was now looking for a £20,000 profit on top of my original £20,000.
I had to pop out to go visit my sick grandmother for a few hours.
When i came back i had no money left in my account.
Why is this? You said that by monitoring the markets i would profit and would not suffer recklessness and unsound investments.
I trusted you.
You failed me.
You gave me a system to win. And i lost.
Where do we go from here?
u sure really trade that way? or this is a joke? show us your trading statement..
rathcoole_exile
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mate you might want to delete that post while you still can so you're not left embarrassed for eternity
UKtradergirl
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Yeah i'm serious. Look:
Deposit: £10,000.00
Deposit (margin call): £10,000.00
FTSE100 BUY £100 -(£20,000.00)
Total P/L -(£20,000.00)
Balance £0.00
... actually, i'm being cruel now- i give up- :clap:i was just having a laugh as your post was rather vague- (sorry) :whistling
BSD
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OK.
Now thankfully that's all cleared up.
Macy's theory has unfortunately been thoroughly debunked.
Now we must move onwards and upwards.
On Monday I shall fade her method and trade without monitoring the currency market now and then.
I shall, at the start of every hour, initiate a trade.
As long as the temperature is rising I shall only trade longs, while it is falling only shorts.
The trade shall be managed through consulting my P&L.
And there we have it: a good, robust and simple method that is the exact opposite of what Macy has erroneously been recommending.
Good stuff !
Now thankfully that's all cleared up.
Macy's theory has unfortunately been thoroughly debunked.
Now we must move onwards and upwards.
On Monday I shall fade her method and trade without monitoring the currency market now and then.
I shall, at the start of every hour, initiate a trade.
As long as the temperature is rising I shall only trade longs, while it is falling only shorts.
The trade shall be managed through consulting my P&L.
And there we have it: a good, robust and simple method that is the exact opposite of what Macy has erroneously been recommending.
Good stuff !
zupcon
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You gave me a system to win. And i lost.
Where do we go from here?
Your problems are over, use a 1 hour chart, 4 randomly placed horizontal lines, when price crosses a line
buy if candle is green,
sell if candle is red
20 pip stop, 5 pip target
UKtradergirl
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Your problems are over, use a 1 hour chart, 4 randomly placed horizontal lines, when price crosses a line
buy if candle is green,
sell if candle is red
20 pip stop, 5 pip target
:clap:
sounds familiar
OK.
Now thankfully that's all cleared up.
Macy's theory has unfortunately been thoroughly debunked.
Now we must move onwards and upwards.
On Monday I shall fade her method and trade without monitoring the currency market now and then.
I shall, at the start of every hour, initiate a trade.
As long as the temperature is rising I shall only trade longs, while it is falling only shorts.
The trade shall be managed through consulting my P&L.
And there we have it: a good, robust and simple method that is the exact opposite of what Macy has erroneously been recommending.
Good stuff !
NNOOOOOOOOOOOOOOOOOOOO! You have just given away the secret of the universe.
Delete you previous post NOW!
Or the secret tooth fairy will no longer visit you.
Yes. She still works with dentures.
rathcoole_exile
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