Live trading for 3 weeks now, just bagged my 290th PIP
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Thread: Live trading for 3 weeks now, just bagged my 290th PIP

  1. #1
    K 2's Avatar
    K 2
    K 2 is offline Newbie
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    Default Live trading for 3 weeks now, just bagged my 290th PIP

    Opened a live account with Forex.com after being though the fantastic school of Pipsology and demo trading for a while.

    Been trading the GBP/USD pair and have just bagged my 290th PIP. Have to say the steady downward trend has been a great help.
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  2. #2
    K 2's Avatar
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    Going to be brave and leave a position open over the weekend. This will be a little nerve wracking. Like The Apollo space craft going out of radio contact on the dark side of the moon.

  3. #3
    MoneyNVRSleeps is offline FX-Men Honorary Member
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    Bad habit to start, like smoking.. Feels good at first, then, you just cant shake the urge.

    I say Dont do it, but thats just me..

    What if you invested with some company, and the owner sent you a letter, saying, " Going to Vegas this weekend, going to take 5% of your money to make more money".. What would you think about that?

  4. #4
    Leg0nd's Avatar
    Leg0nd is offline FX-Men Honorary Member
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    Your probably fine. I wouldn't worry.

  5. #5
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    Jezzode is offline FX-Men Honorary Member
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    As long as you have a good reason to leave your position open then you have no reason to doubt your own decision. As for comparing trading to gambling in Vegas, well that's just stupid as they have nothing in common lol.
    You learn more looking for the answer to a question than you do being told the answer straight away.

  6. #6
    MoneyNVRSleeps is offline FX-Men Honorary Member
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    well, to me, holding over the weekend, is gambling. Anything can happen...

    if you use a stop loss, well, if it gets hit, your loss, your money, do as you wish

  7. #7
    granty123 is offline Newbie
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    MoneyNVRSleeps youre a funny guy. Heaven forbid you ever get into a trend that lasts weeks or months.
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  8. #8
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    yeah the reason why I am leaving it open is that I am still following the GBP/USD down trend. Started the position a few days ago and it has collected quite a few pips in my favour, I am convinced it's got further to go. Especially with the likelihood of quantitative easing on the horizon.

    Will either work out well, or be a bitter learning opportunity

    Hope you all have a great weekend!

  9. #9
    stb2000 is offline Newbie
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    Congrats. I hope your success continues.

  10. #10
    MoneyNVRSleeps is offline FX-Men Honorary Member
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    Quote Originally Posted by K 2 View Post
    yeah the reason why I am leaving it open is that I am still following the GBP/USD down trend. Started the position a few days ago and it has collected quite a few pips in my favour, I am convinced it's got further to go. Especially with the likelihood of quantitative easing on the horizon.

    Will either work out well, or be a bitter learning opportunity

    Hope you all have a great weekend!
    Hey Man, I wish you much success with this hold.. NEVER will I say, " I hope you lose",

    But, JMO, Its ready to go up 550 right from where its at..

    Not over night of course, but I wouldnt be short anyways..

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