Recent content by maricana

I like FXCM because of the platform and charts. . . but I also have an account at Oanda for their spreads. What you went through sounds really odd - almost as if your account had gotten linked to someone else's. You might want to insist that they look into it in case it's a kink in the system.

The less you risk the safer it is. I usually do a 20:1 leverage unless I get cocky and go overboard :-). I always go with the old adage - never risk more than you can afford to lose. If you're going to be swing trading make sure of your entrances and exits. A lot can happen in a week. Maricana

Sounds like you were way over leveraged. Remember that 10 you put in the box is really $10,000 they've loaned you and they want to protect their money. I usually try to keep $200 in my account per 10k that I've used. So on a $1000 account I would only risk 50k total on all positions. It's a...