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Nov 25th 2006
Taki’s Advantage hits a wall this month with the dollar slumping against the GBP.
This month is a loss month. I don’t think many traders could pull out a gain from the amount of crap in the market. Will work on getting it back in the next 2 weeks… Gonna be a task with these market conditions.
Many traders has also hit the brick, let’s see how Taki pick up from here.
Popularity: 4% [?]
I can only speak about myself but if you have a daytrading strategy, its unimportant if the dollar rise against the GBP or otherwise around. You can make money on both sides and there were enough strong moves this month to make it. Thats only really important for poeple which trade the news or trade for several days/weeks.
As far as I know, Taki uses an automatic trading robot that is monitored by a trader.
PS.: Was there not the news in the beginning of the month about a 12% plus? Strange that someone can be in a loss at the end of the month with such a good start. Too much leverage?
PPS: My fault, it seems the mentioned 12% was another program. Ups, sorry.
I guess the 12% you are talking about is ibizatraders
I agree with “I can only speak about myself but if you have a daytrading strategy, its unimportant if the dollar rise against the GBP or otherwise around. You can make money on both sides and there were enough strong moves this month to make it. Thats only really important for poeple which trade the news or trade for several days/weeks.”
I have seen traders still profit from using daytrading strategy this month, manual trade is still the way to go perhaps…