Can anyone confirm when the USDCHF order was actually opened? It wasn't prior to news was it? Was the USDCHF position opened during that massive 1min candle like the 2nd NZFCHF trade? I absolutely cannot believe our luck here. On the upside the EURNZD closed with good profit but doesn't matter if your account is margin called 3 seconds later..
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Originally posted by Big River Man View PostCan anyone confirm when the USDCHF order was actually opened? It wasn't prior to news was it? Was the USDCHF position opened during that massive 1min candle like the 2nd NZFCHF trade? I absolutely cannot believe our luck here. On the upside the EURNZD closed with good profit but doesn't matter if your account is margin called 3 seconds later..
Yes it was within the minute of the news. It looks Vijay was gambling with this issue.
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Originally posted by Big River Man View PostCan anyone confirm when the USDCHF order was actually opened? It wasn't prior to news was it? Was the USDCHF position opened during that massive 1min candle like the 2nd NZFCHF trade?Last edited by jprize; 01-16-2015, 12:51 AM.
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Originally posted by gmontes View PostHi Peter, I understand what you mean. Just this week I lost 78k, with an investment of 215k. I have been 3 years and this is not the first loss of this size. All hard earned money. Vijay today did what other traders do, taking the trades just before the big movement and not managing the risk (not even SL). I am done.
Goodbye and good luck everyone.
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Hey guys am extremely sorry for the situation. It was a disaster decision taken by the central bank. It came as a surprise n there was no chance to exit the trades at certain loss. The gap was too huge. However I have been monitoring the trades n trying to b calm. I can't close the trades at this level. I 'll wait for the calmness before I do something. I myself am losing big money in this. I am at the same pain as you guys. I may not be available in chat roomTrade the market, not the trader
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Guys, for god's sake... Vijay clearly wasn't in front of his terminal while Black Swan appeared... SmartTrader is an AUTOMATED system that AUTOMATICALLY opens trades at predefined levels once a basket has started and/or according to the behavior of his technical indicators... This could have happened to anyone, even Viper, in the case he had traded any CHF pair.
* http://www.investopedia.com/terms/b/blackswan.asp
Originally posted by gmontes View PostHi Peter, I understand what you mean. Just this week I lost 78k, with an investment of 215k. I have been 3 years and this is not the first loss of this size. All hard earned money. Vijay today did what other traders do, taking the trades just before the big movement and not managing the risk (not even SL). I am done.Originally posted by Big River Man View PostCan anyone confirm when the USDCHF order was actually opened? It wasn't prior to news was it? Was the USDCHF position opened during that massive 1min candle like the 2nd NZFCHF trade? I absolutely cannot believe our luck here. On the upside the EURNZD closed with good profit but doesn't matter if your account is margin called 3 seconds later..Originally posted by gmontes View PostYes it was within the minute of the news. It looks Vijay was gambling with this issue.Originally posted by jprize View PostAnswer: YES...Amateur, Rookie, Children, posing as professional traders.
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Originally posted by VictorTous View PostGuys, for god's sake... Vijay clearly wasn't in front of his terminal while Black Swan appeared... SmartTrader is an AUTOMATED system that AUTOMATICALLY opens trades at predefined levels once a basket has started and/or according to the behavior of his technical indicators... This could have happened to anyone, even Viper, in the case he had traded any CHF pair.
* http://www.investopedia.com/terms/b/blackswan.asp
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Yes it was unscheduled. If it was scheduled I would have closed the trades when we were at 2% profit level. It is just unluck to be in the chf trades. I had even told someone recently saying chf is being protected by central bank. So it's safe. So many hedge funds are in havoc because of this news. Just unbelievableTrade the market, not the trader
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The reality is that, like so many other high yield-high risk, this system just lost nearly 2 years worth of gains in a few minutes... Black Swan...maybe....Unpredictable... maybe. So if you believe there will never be another Black Swan... then carry on.
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Is that all, or have I missed something?
Do you plan on making a thoughtful announcement about this situation?
Originally posted by SmartTrader View PostYes it was unscheduled. If it was scheduled I would have closed the trades when we were at 2% profit level. It is just unluck to be in the chf trades. I had even told someone recently saying chf is being protected by central bank. So it's safe. So many hedge funds are in havoc because of this news. Just unbelievable
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Ah, seeing this now...
Originally posted by SmartTrader View PostHey guys am extremely sorry for the situation. It was a disaster decision taken by the central bank. It came as a surprise n there was no chance to exit the trades at certain loss. The gap was too huge. However I have been monitoring the trades n trying to b calm. I can't close the trades at this level. I 'll wait for the calmness before I do something. I myself am losing big money in this. I am at the same pain as you guys. I may not be available in chat room
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