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Posts by "cygnus"

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80 Posts Total by "cygnus":
69 Posts by member
cygnus
(New York, United States)
11 Posts by Anonymous "cygnus":
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cygnus
New York, United States
Posts: 63
13 years ago
May 6, 2011 13:17
In Thread: EUR
On my short eur/usd position, I lowered the stop to 1.4650 to lock in some profit before the news release.
cygnus
New York, United States
Posts: 63
13 years ago
May 5, 2011 18:58
In Thread: EUR
Looks like my short position opened Sunday night starting to pay off. Put a stop at breakeven.
cygnus
New York, United States
Posts: 63
13 years ago
May 2, 2011 0:13
In Thread: EUR
Sold eur/usd, filled at .4784.
cygnus
New York, United States
Posts: 63
13 years ago
Apr 18, 2011 16:54
In Thread: EUR
"Standard & Poors put a negative outlook on the AAA credit rating of the U.S., citing a material risk the nations leaders will fail to deal with rising budget deficits and debt"

Its an Obama-Nation...
cygnus
New York, United States
Posts: 63
13 years ago
Mar 14, 2011 17:55
In Thread: EUR
It is saddening to even glimpse of the extent of the tragic disaster in Japan - especially in Sendai area - and to know that a nation and its people are suffering as they try to comprehend what has happened, search for loved ones who are still missing, and mourn the dead. My thoughts and prayers are with the people of Japan.

cygnus
New York, United States
Posts: 63
13 years ago
Mar 11, 2011 0:00
In Thread: EUR
Looks like Subway made a very nice call as respects his eur/usd short. Nice job sub.
cygnus
New York, United States
Posts: 63
13 years ago
Mar 6, 2011 23:33
In Thread: EUR
Fundamental analysis can be important part of trading but not in the sense that catnip purports. Catnip just emphasizes news and data to support his overall bias. Perhaps his overall bias is correct (or maybe not) but for real trade execution and management he is entirely useless.
cygnus
New York, United States
Posts: 63
13 years ago
Mar 6, 2011 23:11
In Thread: EUR
Catnip:

Not everyone is like who can have a misunderstanding of the basic dynamics of the forex market, be consistently consistently incorrect on your calls with respect to a currency pair, and not lose money because you are always perfectly hedged without any cost...or...
cygnus
New York, United States
Posts: 63
13 years ago
Mar 6, 2011 20:06
In Thread: EUR
Gammahunter:

You use historical data. You apply your system to the past and see what the results would have been.
cygnus
New York, United States
Posts: 63
13 years ago
Mar 6, 2011 19:41
In Thread: EUR
New Pip:

Once you really engage in attempts to develop - and back test - a system, you will see that one needs to identify/consider the matters such as the extent of the edge in trade execution, the maximization of winning positions and minimization of bad ones, extent of capital draw down tolerance, etc. You should also have an idea of what return you can expect from the system and over what time frame. A system where you can confidently expect a 7% return on capital per year over 5 or 10 years would be an outstanding one and you would be league with the some of best traders/hedge funds in the world.
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