forex trading is so hard...

[piphoe]

i want to build a $1000 account into 10K. 10K into ...100K eventually.

i know it wouldn't happen overnight, willing to work hard and take lots of time. even yrs.

i have to take outsized risks to achieve this i think. at least to get the ball rolling at the start.

 

[Dowser]

can't help being over leveraged with an account just over 3 figures.

why did the EURO tank like this?? can you give me a little help here brad? you don't have to reveal your secrets, just a little insight?

I don't trade EU, so my 'little help' will be of little help, but from the dailies it looks like a trading range is developing after a strong sell off. The price isn't gonna barge thru a big round number, there will be trapped traders there looking for an exit...

 

[piphoe]

I don't trade EU, so my 'little help' will be of little help, but from the dailies it looks like a trading range is developing after a strong sell off. The price isn't gonna barge thru a big round number, there will be trapped traders there looking for an exit...

makes total sense they won't march this strait up now, but lots of uncertainty which leads to a trading range.

 

[piphoe]

I don't trade EU, so my 'little help' will be of little help, but from the dailies it looks like a trading range is developing after a strong sell off. The price isn't gonna barge thru a big round number, there will be trapped traders there looking for an exit...

i may just set up some simple TL's and bust this back & forth.
till it breaks out.
get back some $

 

[piphoe]

DOW is down -200+ and EURO went down with it. that's what baffles me.

i never seen that b4

 

[piphoe]

when a position goes against you in such a ball busting way...

i think i actually learned smthg from this adversity.

i'll be in study for weeks to come.

i'm a better trader right now though. i really believe that. it comes in increments for most of us.

there are prodigy out there, i'm not one of them.

that "get it" right from get go.

 

[piphoe]

broker just called of his margin call here..

keep it coming

:innocent:

 

[piphoe]

hard down, hard up

 

[piphoe]

EURO is in a nice bounce...

retraced almost 50% of daily

keep it coming

 

[piphoe]

i almost feel like this was a MAJOR stop run.

i mean MAJOR as in unprecedented.

US indices are DOWN HARD. Major banks know this.

i mean wtf?

like to see 2250 from here.

 

[piphoe]

i'm not going do anything here but let this percolate.

 

[piphoe]

lets see where this ends up today..

and where DOW ends up too.

don't take DOW down 200+ on a picnic

 

[piphoe]

dead in water as far as trading, either close and trade or hang.

i'm hanging here.

 

[piphoe]

if this isn't higher soon i'll be margined out & forced to trade. what's left.

:innocent:

 

[piphoe]

my broker lets me ride a little bit into the red, from time to time but have no idea what his margin closing algo is ..

it just happens

:/

 

[piphoe]

what i REALLY hate about this is price will be mired in horsesht for a week or two...

and my trading is closed down thru there.

i like trading, and to sit on my hands for two weeks or more will drive me crazy.

 

[piphoe]

we are having a masquerade!

after crying, got to laugh for your sanity

 

[piphoe]

you just don't take the DOW down under 200...

then a walk in the park.

it has SERIOUS consequences.

REVERBS!!!

 

[piphoe]

the US still rulz world and the markets...

the EURO might buck "the trend"..

but not for long

DOW down 200 is serious sht

 

[piphoe]

no brag just fact