Your FAPS today

oofdah · #1 11-24-2008, 12:49 PM

How is everyones FAPS doing today?

Mine has not made a trade since the wee morning hours...

I keep watching the trend go up, why is FAPS so ignorant when it comes to long positions?

forexdude1 · #2 11-24-2008, 12:52 PM

Quote:

Originally Posted by oofdah

How is everyones FAPS doing today?

Mine has not made a trade since the wee morning hours...

I keep watching the trend go up, why is FAPS so ignorant when it comes to long positions?

It's not ignorant. It doesn't know anything but how to trade given certain signals that have been pre-programmed.

I got closed out at -350. Glad it did as the trend is still going up now as I'm typing this. Still at one open floating loss after the close-out.

Seriously considering closing out any open positions on Friday!!
Though I admit it's a first for me so far!

Jer · #3 11-24-2008, 06:08 PM

Hey,

I also got stopped out today. I have my stoploss set at 500, and had some active orders waiting to take profit at 1.2390 from over a week ago. It stings, but my lots are pretty small. As long as i don't get stopped out at 500to often, I guess its all part of trading!

Jer

JUANLO · #4 11-24-2008, 07:21 PM

I wonder if the way the pairs performed today had something to do with the CITI bailout??? If so I am sure tomorrow will be better.

thescorpionking · #5 11-25-2008, 08:19 AM

I just lost all my money today, the EUR/USD got up 200 pips in an hour.

JUANLO · #6 11-25-2008, 08:39 AM

Quote:

Originally Posted by thescorpionking

I just lost all my money today, the EUR/USD got up 200 pips in an hour.

Yeah I saw that too .... I didn't loos all my money though ... I got out ...

lorddave · #7 11-25-2008, 12:58 PM

Margin call for me! My account is now worth about $3....

koeiseun · #8 11-25-2008, 01:27 PM

Quote:

Originally Posted by lorddave

Margin call for me! My account is now worth about $3....

I also shopped at MarginCall'R'Us. Why - I GOT GREEDY and used too large lot sizes. Fortunately I have enough money in the account left to have a lot of breathing room using micro lots. Back to basics, stick to the plan and rebuild.

lorddave · #9 11-25-2008, 01:29 PM

lol yeah I agree

Time for me to deposit another $100 into my account... I think it may take a bit too long to grow a $5.35 account!

koeiseun · #10 11-25-2008, 01:38 PM

At least I had $50 and change left in my micro, and FAP has given me two wins in the last few minutes so I am up to a whopping $54.
I still prefer to play with a small live account. My mindset trading real money (yes 10c /pip is still real) is just totally different than playing on a demo account.