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BoJK

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Posts posted by BoJK

  1. 2 hours ago, jlz said:

    Those are really cute numbers. For someone that has been trading "over 20 years" is not much. Try to post something with more than a thousand trades. Anyone can make 50 trades out of luck. 

    Attached are mine. 

    Screenshot_20210305-030530~2.png

    Does this mean you win small and lose big? Notwithstanding your rate of return is above parity? Pardon me, I really dont know how to read this data.

     

    I guess mine is worst (lose big, rate of return negative.) 

  2. If you bought $1000 worth of GME with $1,000 then you are not on margin.

    If you bought $1,000 worth of GME with $250 then you are on the max 25% margin, and you have 3 days to transfer $750 else position will be closed at prevailing price.

    The concerted effort by all brokers will probably lead to a mass sell-off which any traders/ investors would have visualized by now.

    Note: I am not involved in GME

  3. On 06/08/2019 at 16:54, dmedin said:

    I'm amazed at how different your perspective is based on the time frame of the charts you're looking at.  What looks like a down trend on a 15 minute chart can actually cause you to short into an uptrend, which you will easily see when you switch to 4 hours or daily.  That's why I think it's safer to take a position than trade on short-term movements.  Safer, but not necessarily more likely to win.  :(

    The type of charts we trade depends on the expected time you want to TP. For 20-30pips in indices, I trade in m3 and rarely look beyond H1. The bigger chart are for a direction for the day, minute chart is where the execution is.

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