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nwalle		#2681 Posted : Monday, June 16, 2014 12:54:26 PM
Rank: Hello Joined: 6/16/2014 Posts: 2 Location: utopia		thanks for the advice guys..I'll take it into consideration. hope to learn tonnes more...
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mnandii		#2682 Posted : Monday, June 16, 2014 6:33:02 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Ceinz wrote: nwalle wrote: Hi guys,is a $1,000 account practical enough to kick-start a live trading acc? That is a lot. I suggest u start with $250. Be very selective/ frugal and take only sure trades. Once you've grown the account to $500. Withdraw $250 and continue trading risk free. Very good advice. $1000 account shld be for when you are certain of your strategy. Deposit the $250 and trade the very small units till you get a good grounding. Best of luck. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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hisah		#2683 Posted : Tuesday, June 17, 2014 6:06:51 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		mnandii wrote: Ceinz wrote: nwalle wrote: Hi guys,is a $1,000 account practical enough to kick-start a live trading acc? That is a lot. I suggest u start with $250. Be very selective/ frugal and take only sure trades. Once you've grown the account to $500. Withdraw $250 and continue trading risk free. Very good advice. $1000 account shld be for when you are certain of your strategy. Deposit the $250 and trade the very small units till you get a good grounding. Best of luck. The higher the amount in any market, the easier to lose! Why? Emotions, emotions, emotions... Try losing $12,000 vs $500. Your eyebrows sweat as panic central magnifies on huge losses. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Sufficiently Philanga....thropic		#2684 Posted : Tuesday, June 17, 2014 9:28:42 AM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		hisah wrote: mnandii wrote: Ceinz wrote: nwalle wrote: Hi guys,is a $1,000 account practical enough to kick-start a live trading acc? That is a lot. I suggest u start with $250. Be very selective/ frugal and take only sure trades. Once you've grown the account to $500. Withdraw $250 and continue trading risk free. Very good advice. $1000 account shld be for when you are certain of your strategy. Deposit the $250 and trade the very small units till you get a good grounding. Best of luck. The higher the amount in any market, the easier to lose! Why? Emotions, emotions, emotions... Try losing $12,000 vs $500. Your eyebrows sweat as panic central magnifies on huge losses. And the red colour shows up as your margin sinks below 50% @SufficientlyP
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mnandii		#2685 Posted : Tuesday, June 17, 2014 2:31:56 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Quote: I expect moves above 102.79. Again I am wrong if 101.63 low is penetrated. Since $JPY has not moved above 102.14 I am considering the possibility of a bearish triangle. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii		#2686 Posted : Tuesday, June 17, 2014 2:43:42 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		correction in GBP$ appears complete at 1.6932 low. Highs above 1.7010 expected in a final fifth wave. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii		#2687 Posted : Tuesday, June 17, 2014 2:50:55 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		GBPJPY shl'd also move strongly up in a continuing third wave. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii		#2688 Posted : Wednesday, June 18, 2014 7:59:01 AM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		EUR$ A low to 1.3529 is possible before moving higher. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii		#2689 Posted : Wednesday, June 18, 2014 8:21:41 AM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		$JPY The turn lower is imminent and could happen at 102.33 Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii		#2690 Posted : Wednesday, June 18, 2014 8:23:48 AM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		GBP$ is in a triangle which once complete shld continue higher. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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