Brewski's Leverage Abuse

[brewski1984]

Harsh, taken out of usd/jpy now. That's the problem with doing this, normal retracements can take you out.

£90 left in the account, lets find another

 

[brewski1984]

Bought gbp/usd, cleaned out if this one doesn't work!:clap:

 

[brewski1984]

DAX buy stopped out now I'd be +145 profit, usd/jpy short stopped out now it's straight back down again. This is a very frustrating way to trade (gamble) and doesn't suit everyone. With stops that are so tight this will happen all the time, it isn't the market targeting you and it isn't being done on purpose. Entries and re-entries are basically random, average price ends up being random and so does stop placement. A few small losses, a lot of breakevens and then with patience, one massive winner.

Don't forget that all I'm doing here is gambling, not trading.

 

[brewski1984]

Doubled gbp/usd stake size, moved stop to breakeven... stop is only 15 points away so highly likely to be taken out but if it keeps running I'm laughing

 

[brewski1984]

Out for breakeven, still in the game though looking for the next gamble!

 

[brewski1984]

Bought DOW, seems like a guaranteed way of making money

 

[mike.]

Rooting for you here brewski lad....would love to see you go all the way.

 

[foroom lluzers]

Stopped out of DAX at roughly -£30, usd/jpy still showing me roughly £320 profit

170 ticks profit , and you lost money?Is the the Cheetah from the chimpanzees?

 

[brewski1984]

170 ticks profit , and you lost money?Is the the Cheetah from the chimpanzees?

No, I was taken out on the move down to 12087 this morning. If you're going to abuse me at least get your facts right

 

[EnlightenedJoe]

No, I was taken out on the move down to 12087 this morning. If you're going to abuse me at least get your facts right

Don't mind him. He won't do too well himself owing to psychology problems.

 

[foroom lluzers]

No, I was taken out on the move down to 12087 this morning. If you're going to abuse me at least get your facts right

I liked your post and tried to lick your boots !

 

[brewski1984]

My thoughts for the next couple days are to try to accumulate a (relatively) massive short USD position ready to take in to NFP on Friday for pure bantz. Not sure on what yet but I think the most likely will be to buy gbp/usd for a run up to 1.3500.

Although it's looking like I may have to deposit another £200 and start again first though

 

[brewski1984]

Added to DOW last night and got taken out, had to deposit another £200 to start again

I have started to accumulate gbp/usd hoping to still be in it on Friday for NFP

 

[barjon]

If you're going to play this insane game, brewski dear chap, at least take £200 out when (if) you get to + £200 and start again from there. Then you'll have another grubstake in reserve without needing to dip into the housekeeping tin

 

[brewski1984]

If you're going to play this insane game, brewski dear chap, at least take £200 out when (if) you get to + £200 and start again from there. Then you'll have another grubstake in reserve without needing to dip into the housekeeping tin

Sensible

 

[brewski1984]

Interesting day so far. My gbp/usd trade is still going but was 2 points from being taken out earlier and I've had a DAX long get taken out for breakeven. I'm now also short usd/jpy. I haven't been at the computer all day so the execution blotter in the screenshot proves I'm being genuine.

 

[brewski1984]

usd/jpy out at breakeven. Just got to be patient and one of these will run for a grand or two.

 

[brewski1984]

I must have learnt from the same place you did then although I'm not deluded in thinking that I'm some sort of pro trader.

 

[brewski1984]

Anyway, gbp/usd out for breakeven... annoying but in reality it was only ever roughly 30 points away from the stop at best so always the likely outcome. I was hoping "Super Thursday" would give it a boost but I'm now short usd/jpy again and I will post a screenshot later

 

[barjon]

We know his educational qualifications.

takes one to know one, fl