Shevychen2:


That's the realest truth about this business. But you'll be surprised how many people don't care about these calculations. I remember being mocked for saying I risked 3% on a trade (has since been reduced to 2% as my broker forced me back to 1:200 leverage max). Imagine how those that use any lot size that comes to their mind or put 15-30% on one trade will be feeling this morning. Even stoplosses could be bypassed in such events. Even if you are sat on your computer 24 hours of the day, the brokers normally freeze platforms within seconds of such moves. You can't even close manually.

Black swan events like this will always happen. I have seen it 3 times in the last 4 years and more will happen. In the other ones, there was clear explanations. Almost 6 hours after and no one has given a tangible reason for this one (Francoise Hollande's comment doesn't mean anything).

Those that don't have ears will learn from their own mistakes.

Shevychen2:


That's the realest truth about this business. But you'll be surprised how many people don't care about these calculations. I remember being mocked for saying I risked 3% on a trade (has since been reduced to 2% as my broker forced me back to 1:200 leverage max). Imagine how those that use any lot size that comes to their mind or put 15-30% on one trade will be feeling this morning. Even stoplosses could be bypassed in such events. Even if you are sat on your computer 24 hours of the day, the brokers normally freeze platforms within seconds of such moves. You can't even close manually.

Black swan events like this will always happen. I have seen it 3 times in the last 4 years and more will happen. In the other ones, there was clear explanations. Almost 6 hours after and no one has given a tangible reason for this one (Francoise Hollande's comment doesn't mean anything).

Those that don't have ears will learn from their own mistakes.

Shevychen2:


That's the realest truth about this business. But you'll be surprised how many people don't care about these calculations. I remember being mocked for saying I risked 3% on a trade (has since been reduced to 2% as my broker forced me back to 1:200 leverage max). Imagine how those that use any lot size that comes to their mind or put 15-30% on one trade will be feeling this morning. Even stoplosses could be bypassed in such events. Even if you are sat on your computer 24 hours of the day, the brokers normally freeze platforms within seconds of such moves. You can't even close manually.

Black swan events like this will always happen. I have seen it 3 times in the last 4 years and more will happen. In the other ones, there was clear explanations. Almost 6 hours after and no one has given a tangible reason for this one (Francoise Hollande's comment doesn't mean anything).

Those that don't have ears will learn from their own mistakes.

A lot of traders have been rendered bankrupt with a 500 pips spike in 15 mins, reminds me of January 15 Swiss Franc Black Swan. On the other hand some traders have equally doubled their accounts,especially for those who left TP open on GBP trades. Like u said Sir,Those that don't have ears will learn from their own mistakes.
LESSON: This event has not be explained yet. Mr. Market has no respect for anyone.

Moneyyy:
Bet no one saw it coming with pounds. Crazy market. That's why I always set what I call a support trade

Capitals:

Thanks. For me, its just an extra stream of income bro.
The small wins cancel the small loses and we are left with the big wins provided the big losses are eliminated.
GER30 just turned negative, but I really don't care if both hit stop, it already is a winner trade

Capitals:

Already in contact, you can get all the clues you need from here.

Capitals:

Trade activated, like this cos I know if It's right or wrong soon.
Loss will be small if it's wrong, 25pts

currentprice:

brother,,,,what you saying on eur.usd fundamental. i want to BUY the pair ,,,the candle price support the BUY ACCORDING TO MY CHART

currentprice:

you never see anything ,,, when i was shouting i knew what am shouting on... session 1 memebr indeed some trader think posting good english is what trade all about use to be on the explorer,,,,now would't be surprise if he remove it any time from now with this revelation
SEE BELOW TRADING CHART SINCE 2013,,,, HE HAS DISCOVER HOLY GRAIL INDEED

currentprice:
my people ,,,, my people how market
if you are the panic trader put the trade on breakeven

AK284:
finally 90% of my acct gone in nearly 20day of terrible trading, surely i am bleeding. Any hope in sight, no thanks to large position size.

Flojoh1:
Thank you very much but when I login there is no such option as 'update profile' what I have is 'edit profile' which if I click,I have only options of 'contact information',working experience' and 'Education'. Nothing lick attachment. Am I the only one having it that way? Am kind of confused. Expect there is another link I should login from.

proficienc: @all for the material visit assessmentday.co.uk to download their free material. Hope this helps so people will stop dropping for request of material.
Cheers!

proficienc:
yea, i saw ur mail. Where i am, the network is bad that i cant upload the materials to mail plus i'm usin phone since there isnt power and ntwork here. But i'll try to see what i can do before the end of next week. Pls jes exercise some patience. Hope u read the part where i said i got these materials on my own. They are SHL buh i dont knw if its d same wt wat others used.

Fxwarrior: Please has anyone had any experience with fxpro.Are they reliable?Do they accept liberty reserve,if not what e-currency account do they accept and what reliable Nigerian exchangers accept them?

tonjoan:

To my very beloved and esteemed fellow traders, this retracement was expected but please don't hug on too long to your long positions cos we are still very bearish on eu and gu. As a matter of fact, I think we already have seen the high of the week. Stay pips safe.

Ogboraph:

no body want to comment on my trading plans and analyses as i ve posted with screenshot of my chart?   i thank God i place the trade too on my life account