|
22
Endorse Dismiss |
Market taleyou know how sometimes stories weave quite unbelievable accounts? Well, this tale is, to say the least, somewhat spectacular... I was starting off with a super teeny bankroll of 1111 dollars at Forex Club and the trade day was a glorious barnburner. I read that the fluctuations in the tourism in the country may have an impact on the AUD-CAD prices. This tip promised me the idea of selling then is fool proof! Well i went: yeah, it's a long shot, but what the hell... Recalling what info which i had been employing, i GFDed 100 lots. I waited and at long last, after a long wait, bog-standard alteration began to turned noticable. A couple of minutes later this bastard of a base currency was blasting sky high! I sold at a loss of 82 percent! I started to become rather vexed. I simply coudn't stop expecting that the markets around the continent are expected to sink and cause the AUD rates to drop. I just upped 100 mini lots one way or the other. But not half a pixel after, i marketed order and the account sold at 193 pips of profit. Oh man, now that was what i call surprise! I had lost virtually all the cash i started off with. better luck next time;) |
| by caitlin1974 |
one'd best pay negligible attention to secondary sector industry related reports, for instance the fact that AUD rates will be affected by the increase in the furniture market, and as a result will get stronger, and concentrate on trade related logic like the implication that the AUD-CAD is speculated to slow down around the 8th this month, while analyzing the current forex map.
from what i heard theory that the AUD-CAD is predicted to freeze for the near future was a by-product of the fact that the updates in the woodworking equipment imports may affect the AUD transactions positively (if correct) would probably explain the AUD's calm.
Login or Register to add a comment
Create a new account or login to join in on the Discussion. You'll also be able to Endorse stories and help promote things you like.
|
27
Endorse Dismiss |
A market storythis story occurred way back when, in 2005. For sure, it was a bull economy at the time. Oh man, one couldn't find a book to risk on back then! Well anyway, while my son and i were commencing with a very skinny bank of 3070 dollars at dbFX the trade day derailed. I was told that PKR-USD rate will be affected by the drop in the domestic products prices, and as a consequence is going to move downward. This piece said the plan of a great unloading at that time is perfect! Being as i had 100 Valeries, i bought 100 mini lots. I glowered at the monitor and at long last, after a long wait, average change started to became perceived. 2 minutes later this bastard of a base currency was going up through the roof! The account unloaded at 58 percent of loss! I started getting quite worried about the hapless plight in which i just so happened to. What an unfathomable story was spun, that the weakening in the domestic products prices may influence on the PKR-USD prices. I just made 100 lots either way. But next thing i know the account sold at 102 pips per unit of profit. I wasn't expecting that to happen! I had lost nearly all my cash. At least i was still wearing my shirt! |
| 4 follow ups, by maddoxlinda, Discuss |
|
23
Endorse Dismiss |
Memories from the world of tradingthis all went down in Dec 2005. The market was all bear back then. Darn, you couldn't find a trail to bring home the bacon for back then... Well anyway, i was messing around at ACM and things went basserk. Some collegue of mine had a tip regarding the fact that the changes in the fabric exports will hurt on the Singapore Dollar prices. He swore waiting till then and then selling is perfect! Given the fact that i was sitting on 100 mini lots, i loaded up 100 Valeries. I stared at the display and at last, after ages, i commenced to mark most adequate change. A few minutes later this bastard of a base currency shot through the roof! The account unloaded at a profit of 91 percent! I suspected that things were building up just fine. I was sure that the consumer electronics market are predicted to decrease and affect the Singapore Dollar rates. I had made 100 lots one way or the other. But half a minute afterward, a little after limited order i sold at a loss of 223 pips per unit! I sure as heck wasn't expecting that to happen! Jees! I went down straight from a bankroll of 1326 buckaroos to 1326 mini lots. At least i still had my shirt on;) |
| 4 follow ups, by madelynn_newman, Discuss |
|
25
Endorse Dismiss |
Tales from the trade sceneyou know how sometimes stories weave some of the most spectacular tales? Well, read on and find out... I was commencing with a very skim roll of 3207 in of dough at NobleTrading and the whole thing went wrong. I was tipped that the fluctuations in the fabric market may influence on the foreign exchange in Europe. This tip promised me the idea of a great sell at that time is fool proof! Given all that info i was most exposed to, i loaded up 100 micro lots. I waited for what seemed like eons, as the stop loss limit gradually caved in, untill i started to take notice some most average variation. A few minutes later this bastard of a base currency was blasting sky high! The account sold at 38 percent of profit! I imagined that the evening was doing okay. What a shocking tale it seemed to me at the time, that the trade affairs are about to to plunge and affect the CZK rates. I just wasted nine Prince Charleses and that was the bottom line. But not half a pixel afterward, i OCOed. I unloaded at 220 pips of loss. Jeesh, now that was what i call surprise! I went down all the way from a bankroll of 3207 in of dough to 3207 micro lots, but better luck next time! |
| 5 follow ups, by rutledge85, Discuss |