Tradefair & Financials

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
28 Oct 11 03:00
Date Joined: 25 Oct 03
| Topic/replies: 5,929 | Blogger: Mrben's blog
As promised the first of my 2 year trades is upon us.Let me spell it out for the novices. I wont be holding the positions  as a compulsion for 2 years. I'm giving it up to 2 years to give me a huge profit. If it happens after one day then so be it.

  Stops- will be huge. No boubt a few will choke on their weeties by the stops.

Contract size- I will just list the result per contract rather than the total amount of my contracts. Making big profits triggers large bouts of jealousy by some forumites.

First trade.

short the AUD 107.10  the stop 1.12.10. profit target- below parity

watching gold, copper, euro, rio tinto, dow index and some others to a lesser extent.
Pause Switch to Standard View The 2 year trades thread
Show More
Report Menelaus October 28, 2011 4:41 AM BST
Allow me to translate from baka language:

"Although all metals had big moves the OTHER WAY from what I predicted, parabolic in the case of copper, and the AUD moved over 300bps the WRONG WAY since my now infamous "SELL SELL SELL" post, please hold your nose, pretend you never saw that, and give me a chance to do this over again.

Just in case I get it wrong and in order to avoid ridicule I'm giving this two years because by that time everyone would have forgotten about this idiotic post. If by some chance however I get lucky, even if it's the next day, I will show my face on here pretending I'm a genius. That's about as much detail as I'm going to share, you'd have to just trust me the rest of the way.

I'm also attempting to break the world record in how much pain I can endure while watching my money dwindle down to zero by setting stops 500 bps higher than my entry point (editorial: can they even be called "stops" at this point? - it sounds more like insane asylum barbed wired fence in my opinion).

Thank you"
Report Mrben October 28, 2011 4:55 AM BST
POOR MELLY. Its 3pm here,you posted 10 minutes ago, did you just get of  your burger flipping shift?

Thank you for exposing yourself as an ego driven mental case. The trade is listed as 2 years and you have written it off after an hour or so.

   The trade is posted.Im sure most will watch with interest.

   You can be relied upon for consistant stupidity.

Try taking your head out of your asz for a few minutes.The smell will improve.Devil
Report Menelaus October 28, 2011 5:11 AM BST
500 bps

Farcical.......... Laugh

(I'm waiting for an early morning flight out of London Benny and amusing myself reading the jokes you keep putting up. Laugh Some of us work for a living Benny, you know, we can't all be traders extraordinaire Laugh and short all metals at precisely the right time Laugh)
Report Mrben October 28, 2011 5:16 AM BST
I've just shorted Rio Tinto @ 70.29.  Stop $111. Exit- below $60.

When are you going to bed melly? After your baked beans on toast?Shocked
Report Menelaus October 28, 2011 6:02 AM BST
They're going to make me turn my iphone off any minute now Benny but I have enough time to make it easy on everyone:

Stop: Infinity Exit: Whenever I say

There you go, that works for me so you don't have to sweat the details Laugh

Chat when I get back from Zurich.
Report Mrben October 31, 2011 3:05 AM GMT
just checked the prices-  AUD 105.78 wooo hoooo!!!! this could be a  an absolutly massive result coming up.

I'm a bit dark I did'nt short gold last week in the high 1700's. Down to 1713 atm.

I will short here as I dont want to miss the demise.

trade price- 1715.69 stop 2199. exit- below 1500.
Report Menelaus October 31, 2011 8:15 AM GMT
The only thing worth shorting is your brains.
Report Mrben November 2, 2011 12:56 AM GMT
AUD 102.87 as we speak

trade up. let me see...................oh yeh 423 PIPS!!!!!!!!!!!! or bps as the forum clown calls them.LaughLaughLaughLaugh

gold, copper, rio tinto dow all down.Love
Report Mrben November 3, 2011 2:23 AM GMT
AUD 102.5

get that into your iphone mellyShocked
Report FINE AS FROG HAIR November 4, 2011 8:57 PM GMT
Now don't go quiet Mr Ben if and when the mkts. start to trend up.
We want to hear your views on all movements, good or bad.
Report Mrben November 15, 2011 10:28 AM GMT
good position so far

AUD just hit 101.50 up 5600

gold 1766 down 5100

rio 67.50 up  2600

net position up 3100
Report Menelaus November 15, 2011 12:06 PM GMT
Oh my gawd !!!!!! Wipeout was right after all !!!!!

Buttons !!!!

Buttons !!!!

All this fuss and constant posting of rubbish about a few thousand dollars ?!?!?

I spend way more than that on my favorite Cohibas every year.

Oh, the horror, the horror CryCryCry
Report FINE AS FROG HAIR November 15, 2011 11:46 PM GMT
Is size really that important to you Menelaus ?
Why am I not surprised ?
Report Mrben November 16, 2011 2:33 AM GMT
AUD has slipped under the 101 mark.It appears  consumation is at hand.

Melly-  anyone  can see that your SEETHING. However can you get yourself together man. Your posts are becoming more and more incoherant.
Report FINE AS FROG HAIR November 16, 2011 4:02 AM GMT
I just hope that your spelling and grammar improve when you get rich.
Btw have you noted recent newspaper reports of riots in the streets of Shanghai and elsewhere over property prices collapsing and off the plan speculators being left high and dry.  Beginning of the end of the Chinese bubble economy ?
Implications for the AUD.
Maybe you shouldn't be too quick to take your profits on your AUD short ?
Report Menelaus November 16, 2011 9:21 AM GMT
It must be hell for bennyboy to watch what he thought were meager profits vanish (ans make a fool of himself in the process) as soon as London opens, just because some eurocrat opened up his mouth and mentioned EFSF leverage. Until one day soon a real announcement comes out from the ECB and the real "consummation" (learn how to spell bennyboy) begins. And just to think the only man who counts hasn't even spoken yet.....

This thread needs a new name, "Morning Funnies by Benny" SillyLaughSilly
Report Menelaus November 16, 2011 9:21 AM GMT
Report Mrben November 16, 2011 11:25 AM GMT
melly I must have blinked and missed the "evaporating profits"

as usual you cluless clown  YOUR WRONG AGAIN

you really should stop opening that loud mouth of yours.

As i go to bed dow futures are off 123 and AUD 101.06

I traded the volatilty and picked up the price of a few thousand melly burgers whilst comsuming my evening coco.Laugh
Report Menelaus November 16, 2011 12:41 PM GMT
Do you plan to buy more buttons? SillyLaughSilly
Report Mrben November 17, 2011 10:14 AM GMT
getting excited here. the AUD looks like falling under parity tonight.

Huuuuugeeeeeeeeeeeeeeeee result coming.LoveLoveLoveLoveLoveLoveLoveLoveLoveLoveLoveLoveLoveLoveLove
Report Mrben November 18, 2011 1:07 AM GMT
ExcitedExcitedExcitedExcitedExcitedTongue OutTongue OutLaughLaughLaughLaugh

AUD trade closed at it and weep melly.

711 pips profit.I believe thats a forum record.

I could not be happier. Result is 7100$ per contract- result is MEGA.

Gold 1712- for the purposes of this thread I'm closing the gold trade at around 300$ per contract profit.

RIO- 67.02- I'm closing that one also. profit per 100 shares 3000$


the reason I'm closing the trades  can be found in my "adieu thread "
Report Pastie November 18, 2011 6:17 AM GMT
Congratulations Benny!!!
Report FINE AS FROG HAIR November 18, 2011 2:14 PM GMT
Aw come on Benny.
Tell us how many contracts.
Don't keep us hanging on this, especially as you're apparently on your way out the door.
How about a bit of respect for all your supporters on here ?
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.


Instance ID: 13539