The rate was hiked, still NZ dropped, as RBNZ said they ll not be increasing further and NZ should fall significantly. So i took losses Currently we are down 6.38% this month
Announcement
Collapse
No announcement yet.
Smart Trader
Collapse
X
-
Originally posted by SmartTrader View PostThe rate was hiked, still NZ dropped, as RBNZ said they ll not be increasing further and NZ should fall significantly. So i took losses Currently we are down 6.38% this month
was a good decision, you as a trader have to feel comfortable with the situation.
So its always better to cut the trades as just sit and hope. Also after the decision of rbnz.
Thank you for taking care.
Cheers,
Heinz
Comment
-
Originally posted by SmartTrader View PostThe rate was hiked, still NZ dropped, as RBNZ said they ll not be increasing further and NZ should fall significantly. So i took losses Currently we are down 6.38% this month
Cheers,
Mario.
Comment
-
A really smart trader would not have opened highly correlated pairs with NZD in both baskets at same time except if the directions are hedging one another which was not the case here.
I am very disappointed as I had just paid up my sub and 'am now really smarting from the loss. Thankfully I set it to 0.1 fixed lots on my 30k account.
Nick you should consider introducing a high water mark system so that a subscriber won't pay for next months signals if the loss this month is > than the cost of the signal.
Ed
Comment
-
Whoa there. You pays your money and take your risk. No-one forced you to subscribe. I think it's quite cheeky to pass judgement as a new sub without prior experience of the value the sub give.
If you want to become a signal provider and open trades on non-correlated pairs ( you seem to be such an expert ) , then do so if your strategies are so great and profitable.
For some time now, Vijay has been making us some great profits, so he is quite smart.
Originally posted by glenough View PostA really smart trader would not have opened highly correlated pairs with NZD in both baskets at same time except if the directions are hedging one another which was not the case here.
I am very disappointed as I had just paid up my sub and 'am now really smarting from the loss. Thankfully I set it to 0.1 fixed lots on my 30k account.
Nick you should consider introducing a high water mark system so that a subscriber won't pay for next months signals if the loss this month is > than the cost of the signal.
Ed
Comment
Comment