The final Holy Grail!

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pboyles

Legendary member
8,072 1,301
overnight around 40K
40k GBP you mean? Couldnt be dollars because a 600 pip drawdown on 10 lots is $60,000 is it not? I dont trade forex so I'm not sure of the figures but it seems like you'd need more than $60,000 in your account to avoid a margin call on a -$60,000 position.
 

traderunner1

Member
57 2
40k GBP you mean? Couldnt be dollars because a 600 pip drawdown on 10 lots is $60,000 is it not? I dont trade forex so I'm not sure of the figures but it seems like you'd need more than $60,000 in your account to avoid a margin call on a -$60,000 position.
yes you are right pls look at my edited note
 

meanreversion

Senior member
3,398 535
You stud. It went 500 points against you and now you're happy cos it's 15 points onside.

Do you know what a margin call is?
 

trendie

Legendary member
6,126 983
Short USD/CHF at 1.1040, waiting for closing position.
Buy GBP/USD at 1.5150, waiting for closing position.
the USDCHF trade went 200 pips or so against you, for your 90pips.

the EURUSD went 300+ pips against you, for your 55 pips gain.

Whilst you once again can add to your tally of another winning trade, on the EURUSD trade, you should at least concede that other traders, whilst having a less than exemplary 100% record, may have nibbled and got around 150-200 pips of the 300 pip downmove, and nibbled another 150-200 pips of the 300 pips upmove.

Thats a realistic possibilty of banking 250-400 pips of a move where you just sweated out for a 55 pip gain.

The price to be paid for a sub-100% record is a better nights sleep.
Have a good week. EJ has been a monster mover.
 

leovirgo

Senior member
3,161 156
Of course, i Know my system better than everyone here. I trade it since the end of October, and never, ever, it let me down.
C'mon admit that you didn't take them at all, let alone holding them for (600 & 400 pips =) -1000 pips going agaist you. Then, we will not count these trades in your system. how about that?
 

medbs

Active member
248 4
C'mon admit that you didn't take them at all, let alone holding them for (600 & 400 pips =) -1000 pips going agaist you. Then, we will not count these trades in your system. how about that?
I will not post such risky trades anymore, nor I will take them in my trading account.
 

leovirgo

Senior member
3,161 156
I agree with what bbmac said below. I'd say the same thing to you medbs :smart:

Thanks for the entertainment though, I don't know who you are trying to fool, certainly no-one here, but if you are fooling yourself, well-that is dangerous to your financial well being - lol!!
 

leovirgo

Senior member
3,161 156
I will not post such risky trades anymore, nor I will take them in my trading account.
how much did it cost you? 40% or 60%?

My conclusion is you didn't take those trades at all. Even if you did, you had already exited half way and probably went in again somewhere lower and then it collapsed even further and you closed all of them. That's why you can't show us the statement.
 

medbs

Active member
248 4
i feel i am listening to myself b4 4 years !
After 23 trades, these ones were the first highly risky trades poster here.
Until now, 23/23 and right now 3/3, waiting for GBP/USD & AUD/USD trades to achieve the 100% winning rate again.
 
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