Monday, March 18, 2013

Forex Trading

Using my Camel Toe and Batman indicators for trading forex all I can say is wow, throw in rs and volume is amazing......

Click on blotter to view........


You can open an account for as little as you want, not sure if you can do it via a TSFA got to ask Garth about that one.

Would ask my account but he's always shit faced. Still like him....

The way it works is you bet units, each unit is about 100k in play, cost you about 1.5 k to put on that bet.

Most I had in play was 7.5k at anyone time or about 400k.

Click on chart look at the 3rd trade 75 profit , had 5 units on that one. That sucker went from in the money of about 1200 to 75 faster than I could figure out how to exit the trade. Because I am new to this platform will not be making any big bet till I can execute trades drunk, def and blind.

My only fear is execution errors and slight delay Phone vs Trade Station.....But is workable. What is cool you can trade 24/5.5 days a week. Forsure when I get ready to get shit faced, The Galaxie 3 goes in the safe.

This is not for the faint at heart, was out of the money a few times, huge balls and faith in my batman/camel toe  style keeps me in the game long enough you yield a profit.

Name, account , and trade Ids covered to protect my privacy.

Only thing that sucks and mabey it's there is the market depth, so when I take postions it is going to be multipls of ilimit orders of 1 units, but then again the second last two trades one was market one was limit, got same fill price.....

Suggetion for anyone that wants to try this, go slow, and light for min a year, you will lose till you get a feel for it..And even if you try a demo account, and rock and roll, its a different beast when you have real skin in the game. way different. Mind you money is more like poker chips to me. Never break a sweat collecting it so does not have the same value to me as to a window washer.....Scared money never makes money...










53 comments:

  1. Smoke, been following you from the G&M days.
    How do you do it?
    I pay for reports and analysis, experts galore, We do relatively well, my financial planners/accountants are the investment planning center, expensive but good. I have as you put it "LOOT" and your timely accuracy year over year is astonishing. You should contact them regarding your taxes, you should move on from a drunk accountant.

    Who are you?


    ReplyDelete
    Replies
    1. A dyslexic rivet bucket, that has had great luck shooting before aiming. Don't know. abstract thinker. Horseshoes up my ass, someone that is board and does not take boredom lightly.

      I'm a nobody and wana stay that way...

      Delete
  2. Are you using 1 minute chart?

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
  4. Is that not fucked I deleted my own comment. Lm fucking assistance off...

    ReplyDelete
  5. Fucking wine and auto correct, assistant should have been Ass

    ReplyDelete
  6. be warned, as you probably know, forex is addictive. nothing like making a months salary in a day and losing it the next day

    ReplyDelete
    Replies
    1. Did you not see my trades been doing this for years in equities, you see the losses. I never fall in love with a hand, my only weakness my hand not fast enough for my head...

      Delete
  7. Am still young, and single so I feel I hafta gamble cause I'm too smart knowing how fucked my generation is. Trading is liberty. shit can start 10k account 1:200 leverage overseas account to skirt iiroc rules. double it in few weeks if you know what you're doing. 4hr charts amd later are best, need the bigger picture IMO

    ReplyDelete
    Replies
    1. Yes grasshopper your generation is totally fucked, forex dangerous.. I'll post my strategy, problem grasshopper, it's onr of those things that requires a bit of the force. Yoda and all.

      Logic, wishful bias will destroy you.. Don't know how to teach the force... It's the feeling you get when you walk into a casino and you know you will win, you win, you know you lose you lose. Bet more of positive force days, less on lose days..

      Works for me.. But it's illogical..

      Delete
    2. i learned that bias lesson hard. i wanted the homerun trade cause my ego for that trade got in the way. counter trends or fades are especially dangerous you really gotta keep an eye on them. Whats going on now in the S&P is case and point. Everyone wants a correction but it keeps getting bid up. be patient trade less and go for a rub if you need or want a thrill

      Delete
  8. SM! What your thoughts on pound rising against euro for next few month ?

    ReplyDelete
    Replies
    1. I'll check out my bloomberg tomorrow and let you know my thoughts. I'm new at forex but same fear greed, but predicting long term not as easy as stocks....

      Delete
    2. Thank you , appreciate your opinion...

      Delete
  9. Dimitry, I would say go long on GBP, but then again Carney is heading there.

    Let see what happens in Cypris

    ReplyDelete
  10. I am long gbp/chf up almost 100 pips and have stop on 1.4290. hope it will get some momentum before correction. Carney was good for CAD, wasn't he ?

    ReplyDelete
  11. This is addictive, what's your position, I made another 600 on 1 lots today.. One more week of low bets then up to 2 lots, once I get comfortable, with software going with 20 lots

    ReplyDelete
  12. Is all you got dude?!
    i will post my trading results when i have time.

    Cheers
    Martin

    ReplyDelete
  13. For the Period of: 2/29/2012 5:00:00 PM - 3/30/2012 5:00:00 PM
    Account Summary
    Opening Cash Balance: 138,201.89
    Realized P/L From Settled Trades: 19,803.95
    Interest and Fees: 0.00
    Roll Amount: -1,682.45
    Deposits: 0.00
    Withdrawals: -30,000.00
    Adjustments: 0.00
    Ending Cash Balance: 126,323.39
    Unrealized P/L From Open Trades: -13,992.34
    Total Account Equity: 112,331.05
    --------------------------------------
    For the Period of: 3/30/2012 5:00:00 PM - 4/30/2012 5:00:00 PM
    Account Summary
    Opening Cash Balance: 126,323.39
    Realized P/L From Settled Trades: 25,094.12
    Interest and Fees: 0.00
    Roll Amount: -661.97
    Deposits: 0.00
    Withdrawals: 0.00
    Adjustments: 0.00
    Ending Cash Balance: 150,755.54
    Unrealized P/L From Open Trades: -28,929.52
    Total Account Equity: 121,826.02

    ReplyDelete
  14. HEDGE ACCOUNT:
    For the Period of: 2/29/2012 5:00:00 PM - 3/30/2012 5:00:00 PM
    Account Summary
    Opening Cash Balance: 196,549.79
    Realized P/L From Settled Trades: 61,872.20
    Interest and Fees: 0.00
    Roll Amount: -7,813.72
    Deposits: 34,982.00
    Withdrawals: 0.00
    Adjustments: 0.00
    Ending Cash Balance: 285,590.27
    Unrealized P/L From Open Trades: -22,383.88
    Total Account Equity: 263,206.39
    ------------------------------------------
    For the Period of: 3/30/2012 5:00:00 PM - 4/30/2012 5:00:00 PM
    Account Summary
    Opening Cash Balance: 285,590.27
    Realized P/L From Settled Trades: 55,250.95
    Interest and Fees: 0.00
    Roll Amount: -3,122.46
    Deposits: 0.00
    Withdrawals: 0.00
    Adjustments: 0.00
    Ending Cash Balance: 337,718.76
    Unrealized P/L From Open Trades: -40,637.22
    Total Account Equity: 297,081.54

    ReplyDelete
  15. by the way this is the option trader.

    meet at garth's show. by the bar. cheers

    ReplyDelete
    Replies
    1. I see your doing well, nice...... Nice to hear from you..

      Can these doomsday dogs on garth Blog ever be saved...

      Try and help them they Chirp.

      Delete
    2. I am albanian but I aint no mother tereza dude. Cant help nobody cheers !!! Martin

      Delete
  16. Aud/Cad. bet big !!!

    ReplyDelete
  17. Why last years numbers martin?

    ReplyDelete
  18. this years are terrible so far lol
    Martin

    ReplyDelete
  19. I want to try this!

    When you're watching the line, how quickly do Batman and Cameltoe form?

    Your blotter says you're adjusting positions every couple of minutes at the heaviest...Guessing it's seconds?

    ReplyDelete
    Replies
    1. Need to find a bit of time, but with in a few weeks will have full details.. On how to do it on here

      Delete
  20. Awesome.

    This is going to be like crack - waaaayyy faster closure and gratification than equities

    ReplyDelete
    Replies
    1. I'm fucking addicted, had a bad week up a g on no more than 3k a trade...


      Once I get my confidence with trade station and mojo.

      Going with 50 k in which buys me 3.3 or add a few zeros to my trades

      Delete
  21. if you guys seriously want to have any chance of not getting chewed up and broke over the long term in Forex you need to get your head around the message on this site.

    www.daytradingforexlive.com

    otherwise you will just be retail trader food for the Forex banks, until all your money is gone. You cannot ever beat them, the best you can hope for is to be facing the same way they are at times.

    ReplyDelete
    Replies
    1. "Facing the same direction as the winners" is pretty well all I hope for.

      My gut says the Smoking Man chart reading method might let you do it better than 50% of the time. It keeps emotion out of it, and lets you watch the big boys move the market and sneak in and out at a time that lets you skim a little of their gravy .

      Delete
    2. It's true, but even I fuck up every now and then.... Ouch

      Will post, post mortem this weekend.

      Delete
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  36. Drawing trend lines is one of the few easy techniques that really WORK. Prices respect a trend line, or break through it resulting in a massive move. Drawing good trend lines is the MOST REWARDING skill.
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    Chart patterns such as "Triangles, Flags and Wedges" are price formations that will provide you with consistent profits.
    Before the age of computing power, the professionals used to analyze every single chart to search for chart patterns. This kind of analysis was very time consuming, but it was worth it. Now it's time to use powerful dedicated computers that will do the job for you:
    ==> http://www.forextrendy.com?kdhfhs93874

    ReplyDelete
  37. Do you think that to dramatically improve your success rate you have to read tons of thick books, buy expensive software and spend countless hours of learning more about Forex?

    What I'm going to share with you is something very EASY to use and very POWERFUL at the same time.

    Let me give you an EXAMPLE:

    Imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. If you increase your odds of winning by only 20%, that would make 70% winning trades and 30% losing trades.

    Well, HOW TO accomplish that?

    Just pick the best trending pair at the current time and simply follow the trend! I have found ONE INCREDIBLE TOOL that continuously scans the Forex market and picks the most reliable trending pairs for you.

    ==> http://www.forextrendy.com?ljsjhd8374h

    By taking signals in the direction of a strong trend you would REDUCE UNNECESSARY LOSSES and increase the odds of winning. You need to know "how well" the market is trending to avoid very short-term trends.

    STOP hunting the market for every potential trade. Pick only the best trending pairs and time frames and DO NOT take any trading signals in the choppy market (unless you know exactly what you are doing).

    Successful traders keep it simple and this is the way how the pros made fortunes in the markets - by trading less and making more.

    To increase the profitability of any system or robot you are currently using, check out this easy and powerful ultimate solution:

    ==> http://www.forextrendy.com?ljsjhd8374h

    ReplyDelete