₦airaland Forum

bond777: Guy, not using stop loss is exteremly dangerous. It is called GAMBLING - cos when a trade goes against u, u start hoping it comes back. So far it comes back 4 u, but i assure u "one day na one day monkey go go market e no go come back". All veteran traders use stop loss, if u want 2 last in this business, u must learn 2 use stop loss. no matter ur MM, dere 'll b a time the market will never return to ur entry even in the next 5 yrs. Trading is all about know when to enter and when to get out (with -ve or +ve).

hope this helps

Cheers

namdo: he must have some subtle point when he cuts losses incase of an eventual losing trade, he's not nuts.

honeric01: When do you lose? (No [pun intended), i hardly see most of you talk about your losses, why you lost and how to avoid it.

@Honeric01, I have learn to avoid losses and focus on winning only. My net target each month is 1000pips as people who know me will bear me withness...if i lose i will tell the house but most of the time I WIN.

unclenna: Can GU make it to 1.5715

Fxwarrior: Lol,actually what affected EU was the news event.

nolly042: sir i think this EU is changing direction. i have a shooting star on my 4hr tf with fxsol at the weekly pivot, alpari also gave me a hanging man. on the daily we have been seeing sometin else. if ej and eu correlate then the bulls must be making a mistake today.

Ogboraph: all that buy GU it time to enjoy your ride up 1.6000 here we come and EURUSD will now hit 1.3345 lets enjoy any body that has run from this market misssssss ohhhh

Ogboraph: yes you did well scalping it thats good of you i remember my days of only sclaping and now my buy position are still intact for GU and EU to go and up

Ogboraph: you better close it and buy GBPUSD and EURUSD now or fire go burn your money i just bought EURUSD @1.3222 now am on profit and you are selling what? i bought GBPUSD too @1.58355

unclenna: just signed off from the call i made last week to buy euro with almost 200pips. the way the market is my system is telling me is time for the short move this week for EURUSD and GBPUSD. What's your own view. Am already short for EURUSD and GBPUSD This is long term trade oh. If you no get mind no follow me oh.

Fxwarrior: Hence you have asked for our views.I would be honest with you.If I were a long term trader,I would wait until wednesday which is when the major direction is usually determined.Stoploss should be atleast 100pips away from entry with target of atleast 200pips.Now as regards my view I still believe GU and EU are bullish but wait until tomorrow for confirmation.God bless you.

Concept: To long either EU or GU is detrimental.

odiaero: I just finish bursting and kicking the ass of one broker, imagine i gave someone 35k account to trade, the person open a 5.0 lot position on the account yesterday, only for him to page me by asian open that all the money is gone, the minus was only 234$ plus, could u beleave that the broker took 35k as swap just yesterday, omo when i logged in an saw it, ehehheeh, am sure the manager of that broker is still sweating from the damage i already cause them within 5 hours, them retunr the money sharp sharp, them say na system error, kai, 35k for swap, it was like ehhehee, anyway, my money is back, the broker name is GSM.