Avalanche - page 507
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Yeah. Couldn't be kinder.
What for? Why again? To reanimate this bullshit again? Haven't you had enough?
Suit yourself. It's up to you.
I would call it: a plunge into the darkness of 'randomness'.
However, since nothing has substance (immutable essence), I think you can earn something from it, too, if you know how.
Gentlemen, Alpari is hosting a webinar today at 3pm on "The Secret to Making the Martingale System Profitable".
Ty. The answer is impossibly simple.
Ty. The answer is impossibly simple.
Tyu. The answer is impossibly simple.
so what was the sales pitch?
i signed up, but i missed it - work ((
so what was the sales pitch?
I signed up but missed it - work ((
It will be like I wrote.
I would like to share a case from my practice. I had an open SELL position about 1.3 and had a pending order to put in a lock (instead of a stop loss). On the daily chart of EUR there is a candle UP on 18th of March 2009 with more than 400 pips, some important news from USA was published at that time. Of these, about 200 pips, the price went through in a few seconds. If I had had a stop loss there would have been a small amount left in my account (about 500), but the move was abrupt and the pending buy stop order is triggered at the "first market price" and not the declared one. When the market price came and the lock worked, my deposit was not 500 but -1000 (minus was then removed to 0 in the account) That's when I realized what makes a pending order different from a stop loss ... So be careful opening large lots that are not protected by a stop loss. It happens very rarely, but it happens sometimes. On the chart of the pound M15 a flat of 1.5909 - 1.5939 is over now, since 2011.11.10 17.00 the price passed it 9 times... Although I have to admit - the idea looks very tempting.
I would like to share a case from my practice. I had an open SELL position about 1.3 and had a pending order to put in a lock (instead of a stop loss). On the daily chart of EUR there is a candle UP on 18th of March 2009 with more than 400 pips, some important news from USA was published at that time. Of these, about 200 pips, the price went through in a few seconds. If I had had a stop loss there would have been a small amount left in my account (about 500), but the move was abrupt and the pending buy stop order is triggered at the "first market price" and not the declared one. When the market price came and the lock worked, my deposit was not 500 but -1000 (minus was then removed to 0 in the account) That's when I realized what makes a pending order different from a stop loss ... So be careful opening large lots that are not protected by a stop loss. It happens very rarely, but it happens sometimes. On the chart of the pound M15 a flat of 1.5909 - 1.5939 is over now, since 2011.11.10 17.00 the price has passed it 9 times... Although, frankly speaking - the idea itself looks very tempting.
A stop loss order is a pending order. If it is not placed on a market order but on a pending order, then it is linked to the main "if Done" ratio, and for a market order, it is a regular stop order. And it works in the same way as specified in the dealing rules for a stop order. Probably, the dealing rules contain a guarantee price for the stop that triggers, but I've never encountered this in practice, and it is difficult to implement. Usually all stop orders trigger at the first incoming price which is worse than the market price and all limit At a set or first inbound price better than the market price.
Good Luck.
SZZ About the highlighted in your post: Welcome to the real world of trading ;).
I would like to share a case from my practice. I had an open SELL position about 1.3 and a pending order to put in a lock (instead of a stop loss). On the daily chart of EUR there is a candle UP on 18th of March 2009 with more than 400 pips, some important news from USA was published at that time. Of these, about 200 pips, the price went through in a few seconds. If I had had a stop loss there would have been a small amount left in my account (about 500), but the move was abrupt and the pending buy stop order is triggered at the "first market price" and not the declared one. When the market price came and the lock worked, my deposit was not 500 but -1000 (minus was then removed to 0 in the account) That's when I realized what makes a pending order different from a stop loss ... So be careful opening large lots that are not protected by a stop loss. It happens very rarely, but it happens sometimes. On the chart of pound M15 the flat of 1.5909 - 1.5939 is over now, since 2011.11.10 17.00 the price has passed it 9 times... Although, frankly speaking, the idea looks very tempting.
so what was the sales pitch?
I signed up but missed it - work ((
Quote from another forum:The webinar turned out to be absolutely worthless !