Can I recover trades with only 10% equity left? Please help! -
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thread: Can I recover trades with only 10% equity left? Please help!

  1. #191
    Senior Member Tataylo's Avatar
    435
    EURUSD FLEW UP!!!!!!!!!!!!!!!!!!!
    Without a doubt a reaction to the (scheduled) ECB Press Conference, and following the unchanged EUR bid rate. Can you hear what was declared?
    [EDIT] Since this will have a bearing on whether an economic shift in EUR happens; or whether it's only a rally that provides opportunities to sell at higher prices into the resuming downtrend.

    Nonetheless, IMHO events such as this expose the constraints of TA, and emphasize the need for both news awareness and risk management. They cause me to doubt thread titles such as this that seem to imply that close to 100 is possible, using just past price-derived data. Trading is, at best, about probabilities, not certainties #8212 that's exactly what the Market Wizards books tell us. Along with some sage advice (as always) from skfx:
    Hence a chart is background, it's exactly what HAS happened. They are useful to some trader but one shouldn't be trying to acquire an advantage from a chart. If you think about the amount of retail traders who neglect, what do they seem to do that is actually common? You must get the job done away from the chart and use the chart for risk. When a chart is rising/falling, how can you know it will'last' to rise/fall? .... The only way you'll know not or whether it will last is to track the price driver and not the chart. If the price driver stays, then the motion in price continues in that direction.

  2. #192
    Senior Member patatas08's Avatar
    114
    quote However, IMHO occasions such as this expose the limitations of TA, and highlight the need for both news consciousness and risk management. quote
    Couldn't agree David.Spot on!
    1

    Rgds

  3. #193
    How much you have left on your account?

  4. #194
    It's a demo.
    Spot Foreign Exchange accounts are approximately $200.00 USD on average. Either because they're new accounts, or they are down from 900,000 (:

  5. #195
    Junior Member javizmendi's Avatar
    25
    Can accounts be traded with only 10% equity - have so many bad trades opened at 1.3600 on EUR USD Long - Help please anybody The accounts included have large amounts - Please any help is needed
    I can attempt to help you recover it for those who msg/PM me. We'll need to get a serious discussion though.

  6. #196
    Can accounts be traded with just 10% equity - have so many bad transactions opened at 1.3600 on EUR USD Long - Assist please anybody The accounts involved have large sums - Please any help is needed
    How on your account today? I hope your place closes. EUR/usd in 1.13xx right now. Expect the right for you

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