[dpaterso]

By the way:

I've been meaning to post about this and keep forgetting:

You'll ALL be pleased (shocked???) to know that I've FINALLY seen the 'error of my ways' and NO LONGER 'Enron' positions!!! It would seem that Craig was QUITE RIGHT when he mentioned that he did not see any merit in it.

To be VERY honest: what I thought was the 'psychological benefit' ACTUALLY counted against me in the long run. I'm surprised that nobody asked BUT (in case some of you were wondering) I DID eventually 'cave' on AUD/NZD (about six to eight weeks back). The fact of the matter is that all you're really doing is just carrying loss after loss after loss and you're never giving yourself a chance to turn those losers into winners by stopping and reversing. Bottom line: 'take your losses like a MAN' and move on. There really is no other way and this business of hedging two positions on the same pair is ABSOLUTE nonsense and only a way of prolonging the inevitable.

Sometimes we THINK we have 'all the answers' but you know what: there are certain things that THOUSANDS of people have ALREADY 'proved' so WHY go 'against the grain' or try to 'reinvent the wheel'!!!

MAYBE I'm FINALLY 'getting this'!!!

Regards,

Dale. (forexbrokersonline.net).

(Back to 16% again, maybe even 17%. A close around HERE would be good)!!!

By the way: IF you've read the ENTIRE thread then you'll know that gains of between 50% and 70% PER MONTH CAN be QUITE common IF you just 'stick' with the ORIGINAL trading systems!!! My RECORD in one month was OVER 200% but I HAVE to admit that I was trading instruments that I had NO business trading and, ironically, it was these SAME instruments that 'landed me in hot water' over the past few weeks. One PARTICULAR 'culprit' that 'stands out' is Brasil's Bovespa Index!!! ONE day I'll 'conquer it' though. ONE day!!! But it's not going to even be attempted with under $1 000 000 capital in my account(s)!!!