View Single Post
Old 11-16-2007, 06:01 AM  
marketsmart
HOMICIDAL TROLL KILLER
 
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
Quote:
Originally Posted by Eman - PG View Post
Most speculative forex systems end up looking like this:


You'll go up parabolically until the trend turns around so fast and so hard that you won't have time to blink (and blows out your account). Using so much leverage you're just setting up yourself for long-tail events (things that 'wont'' happen but they actually do).
agreed, the luck or skill (whatever you define it) is getting out before the market turns against you... with that said (pending a catostrophic event) i thing the euro/dollar market has another 6-18 months before as significant correction....
marketsmart is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote