Blancspa said to me on the 'I'm Shorting Euros' thread that he doesn't even have any money and didn't actually put money on the trades he was talking about lol. Too many fakes up in here dude
where are the fake ups?, show me
I did acid before I lost my virginity, still before I was sixteen.
excuse the simple talk,
of course results will vary greatly, the issue from my perspective that everyone has with my responses, is that I have answered the OP directly, in a manner through which i am only refering to and can speak only for myself.
everything else is b*ll****, to me, seriously, i have not edited a post which changes my viewpoint, only to express myself a little clearer than what I initially did.
GO BACK AND READ THIS THREAD AGAIN, FROM THE BEGINNING, and take an unbiased view of teh proceedings.
its pathetic....I am expressing my views and opinions only, not what is right or wrong.
Its only the medium to long term trades that yield good returns, i.e., stop loss = 50 pips against a reward of 350+ for retailers.. Coporates and Institutional will be looking for much more over much longer periods of time, and usually via an Option of some sort.
Most scalpers are not around for long!
Yep...meow
any trader with half a brain cell knows it is not how many points someone takes, but how much money you take.
you are clearly not one of these people, nevermind
If one pro-trader makes $1 million and another pro-trader loses $1million, what is the average?
50 pips STOP? That is very optimistic view if you notice that forex market can reverse/retrace by 70% during the day. If shooting for 350 pips I would never put my initial stop closer than 100 pips. And that is very, very risky still.
imo the intelligent trader would know that there are very few questions in trading that can be answered with certainty. it is a ridiculous questions because different traders lose different amounts depending on their own personal risk parameters. furthermore, if you are that determined to figure out how much you personally can afford to lose on any given day/week etc, calculate you VAR.