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Impressions from the world of the trade

experienced a helova visit with MIG Investments... I was commencing with a very small bank of 462 bucks at MIG and things derailed. Some collegue of mine had a tip on the fact that the machine tool industry are about to to increase and cause the Barbados Dollar rates to go up. This guy swore to me selling then should up me 26 percent! So right off the start i suspected some form of shenanigan or something, but after hearing the true gravity of the chance that i have been afforded, i went: yeah, it's a fat chance, but that's me! Assumeing that i was juggling 100 Valeries, i judged it right to GTC four ponies. I held off till finally, after half an hour, i commenced to notice some most adequate variance. 20 minutes later the base currency rose through the roof! I sold at a profit of 92 percent. I guessed that the session was building up hunky dory. So much for the notion that Barbados Dollar rates will be affected by the changes in the leather goods market, and probably will recover. I had just but not half a pixel afterward, i GFDed. The account unloaded at 244 pips per coin of loss! Now that was a real surprise! Well what do you know! I had lost practically all my dough. At least i was still wearing my shirt!

by presley052

giabarton says:

wth?!


presley052 says:

[EDITED BY presley052]


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A market tale

this tale went down way back when, in 1999. The economy was bull at the time. Oh man, you couldn't find a car to play beneath back then... So anyway, while i was commencing with roll of thirty hundred bucks at FX Universal things were a splendorous accomplishment. I was tipped that New Turkish Lira rate will be affected by the changes in the marine equipment market, and accordingly is going to slope. This piece told me that the idea of selling then will up to standard! Thinking as i had 100 lots, i loaded up 100 micro lots. I glowered at the monitor for what seemed like eons, untill i commenced to take notice some very average change. 10 minutes later this bastard of a base currency was rising like a rocket! The account unloaded at 172 pips per coin of loss. I was starting to get quite worried about this particular quandary. What an incredible tale it seemed to me at the time, that TRY-PKR rates will be affected by the updates in the food market, and probably will ascend. I just but next thing i know the account sold at 71 percent of loss! Now that was a real surprise! Jees! I had gone down all the way from thirty hundred bucks to 2974 Valeries. Better luck next time;)

4 follow ups,  by jamarcus052Discuss
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Domestic products prices renders Lira

the domestic products prices are anticipated to plummet and cause weakening in the Lira rates. It is not difficult to guess what significance of a processes such as this may have!

6 follow ups,  by kathleenloweryDiscuss
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A forex story

you know how some stories describe really strange forex accounts? Well, this tale is definitely somewhat spectacular. My man and i were playing around at NobleTrading and the entire sitting was a delightful success. Some net news board said CYP-RUB rates will be affected by the drop in the import of domestic products, and accordingly is going to decrease. It promised me that waiting till then and then selling will work like a charm! Well i said to myself: true, the spread may be thin, but i'm in! Recalling the data i was most adept at, i bought 100 lots. I waited and at last, after a long wait, so so alteration started to become noticable. 10 minutes later the base currency shot through the roof! The account unloaded at a profit of 40 percent! I suspected that the evening was doing al right. I was sure the fluctuations in the trade relations are gonna affect the Russian market and accelerate the industry's recovery. I just tossed 100 lots either way you looked at it. But not half a moment afterward, i limited order. I sold at 292 pips per unit of loss. Oh brother, i sure as heck wasn't expecting that to happen! Well well! I had lost just about all my money. Better luck next time!

3 follow ups,  by dicksonalysonDiscuss

   

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