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An incubator fund is the typical set up. But you still need to have enough capital to work with. 100k is not going to be enough. 500k can get you into some mini prime brokerages with nice support but you know your size is going to be small. ideally you want to have 1-3 million to work with. Of...

Do you still have a copy available?

Dollar bull? What dollar bull?

not really. Say u make 5 ticks on 1 lot. that's $50. To make $10,000, you need 200 lots = 20 mio, now from ur style of execution you probably will need another 80 to 150 set aside to double up if ur first possie goes against you. Now let's say you do 20 trades a day and all of them are...

LOL!

As long as it's putting $$ in your checking account :)

No no no, I don't doubt your profitability, I don't doubt it at all. (As you've already shown) You need to make sure you're watching the downside. From what I see and I'm sure you know this as well, you're buying on the way down, in a dangerouse battle zone where stops are tripping each other...

shiko, from what I see, you're working tickets around a battle zone (6325-6375) with no core position on. You're chasing it in a dangerous zone on a subhourly template. To add, you're operating on micro timeframes with a "martingale" like template. When the big orders hit the pipe you'll get...

lol IB at most is a third tier provider.........

If you want to work for an iBank, get an MBA. If you want to be a trader, get some money and start losing it now.

WHAT? 6.3? That's absurd! Where did you do the exchange? The rate is around 7.02-03 as of today At a local shop you can expect anywhere from 7.0-7.03 but not anywhere close to 6.3. If someone tries to sell me yuan today at 6.3 I'd take the money, buy a ticket to shanghai and get it...

lol this is the shortest carry position I've ever seen. If it qualifies as a carry. ;P

No you don't. But it permits you to communicate with retail investors. Many account managers have it.

more capital with virtually no risk think 1:10 instead of 1:2 you're using now with no additional risk.

Sorry I didn't make myself clearer. *All of these apply to the inter bank market and maybe also an exchange traded currency with some sort of specialist system, they don't apply to bucket shops. 1. Commission is lower. 2. Liquidity is better. You can move a very large volume without moving...

what? spot FX is scam? Where did you all get this idea from? You guys are right about the bucket shops because of little regulations on the spot FX market. But the market is the real deal, I'm talking about the inter-bank market of course. Most institutions prefer the cash market than the...

let the locals have their fun while it lasts.....