Replies to post #76727 on Simple's Green Room

[javalin]

yea simple understand i think -you have large enough account to withstand a bad turn -where you can ride it out -then becomes a winning trade -right ?

[villas]

SG, sometimes I think this is my std way of trading!! LOL

"in demo trading I actually entered trades that were intentional losers from the start....sounds crazy I know ...but I did that to see how well I could dig my way out of the hole and turn a profit."

[Qui-Gon Kagi]

Thanks for clarifying SG! I do a pretty good job of bringing losing trades back to close them out with profit myself, but I have yet to get to the place where I can take large lot positions and scalp them off 10 to 20 pip movements. In fact, the only thing I am good at is taking small positions and doubling down or simply adding along the way till the price action finally reverses, allowing me to get back to even and or profit in the end when I finally close out the initial position. Occasionally I put too many small lot positions too close together as I have now with U/CHF but I have yet to have margin risk closure even on those stupid trades, but it sure does damage to the profits even if I'm not taking losses when trading stupidly that way. My recent losses have largely due to taking large lot size positions too early or closing them out with a loss just before they might have made good gains. I'm just not ready to take large lot trades yet. I can blame FXCM for the others but I won't go into it here. I need to move my money over to Oanda or maybe some other broker with a more dependable platform. I love the FXCM marketscope 2.o charting though. I'm seeing more complaints of the Oanda platform being unavailable at times than I'd like to see from some of your board members. That's made me hesitate closing out my FXCM account too. What to do....