Search results

I also prefer the "transparency" of a commission + spread.

NY_HOOD, I haven't had a chance to read through this thread, but I am certain the posts are very supportive. Don't think of it as the end and don't give up. Blowing up an account is just a step in life. With time and patience, you will get back up and keep climbing!

8/29/2007 -$250.00, 2 trades (1W, 1L) EURUSD: -25/115 8/30/2007 +$50.00, 1 trade (1W) EURUSD: +5/115 9/7/2007 +$3,113.98, 4 trades (4W) USDJPY: +353/289 F Waited to post the results since 8/29 since the days have sort of flowed together like a river of shit after I opened up...

It is really going to depend on your situation. Like the previous posts mention, if you are in it for any period of time (5 years min) there is nothing wrong with looking now. My wife and I just bought a new home after the seller accepted our low-ball, take-it-or-leave-it offer. In our...

Best of luck to you Brandon.

I just treat comments like "trading is too risky" with a grain of salt.

Since 8/22/07 I have been trying to get a response from IB (via email, ticket, and chat) regarding an odd forex commission that I was charged for on my 8/21/07 statement: Position opened... USD.JPY 2007-08-20, 23:09:53 115.0400 -25,000 2,876,000.00 25,136.24 -7.57 P USD.JPY 2007-08-20...

8/28/2007 +$121.22, 3 trades (2W, 1L) USDJPY: +14/20 D Just plain sloppy this morning - my brain must have been on vacation or something. Embarrassed to even post the chart. Quitting early.

Hi CM, 1) IB allows 50:1 margin on the pairs I trade. To calculate the lot size I take my available balance * 0.001, round it down, and multiply by 10K. This is my simple Excel formula: =(ROUNDDOWN(AVAIL_BAL*(0.001),0)*10000)Limiting my lot size has been very helpful and I also give...

8/23/2007 +$149.17, 3 trades (2W, 1L) USDJPY: +17/233 F Wow. This is how I used to trade before I came up with my system and it is just plain stupid. Like I've been saying in past posts this month, my gains have been mostly luck. I barely got out ahead today and for the first time in a...

Thanks Kelly! Basically this entire month has been luck - I say this because I have been too busy to really follow anything closely and very few of the trades were based on my system. This month has given me a nice kick towards the goal, but I am only thanking Lady Luck and not my trading...

8/22/2007 +$540.20, 2 trades (2W) EURUSD: +55/102 C I miss the volatility already, especially in USDJPY.

8/21/2007 +$621.01, 1 trade (1W) USDJPY: +71/121 D More of the same. I had considered putting on a limit (at +100) on this position but didn't, and turns out it would have gotten hit. Oh well.

Probably deep in my subconscious - but I shouldn't fool myself into thinking that, because as soon as I get my office setup again I can get back to my normal schedule and place trades based on my system. Although the money has been good, I can't let myself get addicted to trading this way -...

8/20/2007 +$753.76, 9 trades (6W, 3L) EURUSD: -3.5/48 USDJPY: +91/137 D Today was the sort of day that I really shouldn't have even turned on the trading software. But I couldn't resist - and I was placing trades without using my system rules, just watching the numbers and the way they...

8/15/2007 +$1,319.28, 3 trades (2W, 1L) EURUSD: +15/41 USDJPY: +120/210 C The USDJPY trade was opened back on 8/10. I considered closing yesterday for a small profit (because it was taking a little longer to pan out than I originally expected), but after the Dow tanked Tuesday I felt...

8/7/2007 +$440.10, 1 trade (1W) USDJPY: +52/64 C Made this trade from the office since my home setup torn apart right now. I don't normally put on trades before major news, but after taking a look at where USDJPY had been moving over the past day or so, it just seemed ripe for a quick...

8/3/2007 +$661.33, 1 trade (1W) USDJPY: +78/122 B This trade wasn't based on the system - just from the gut (and seeing a decent channel developing). I put in a limit order to sell at 119.00 that got hit Wednesday night and I closed it this afternoon (before the original target of 118.00)...

7/31/2007 No trades today. Moving to a new house and Comcast will be playing with my internet connection so I don't foresee many trades for a week or so. Thanks dejatrader!

7/30/2007 +$309.67, 4 trades (4W) EURUSD: +5/17 USDJPY: +30/68 A 3 of these trades are from last night (shown in chart) and 1 is was a quick USDJPY for 10 pips. Everything was in order and felt good.