I have been demo trading it for the past 4 days. -$2,000 :-)
How has the Euro $$ been acting this past 4 days? Normal? Choppy, good? If you say good then I am trading it very bad.
I can't determine how best to trade it? Longer term or scalp it. Either way I seem to lose $$$'s
any help?
Man you are 19! 19....go and play. Seriously. The marekts wil lbe here in 10 years time you are only young once. Enjoy it. Don't get stresed out about marekts/money/busines yet. Plenty of time for that B*S* once you have bagged your slef a few trophy girl friends.
ENJOY
That's eactly what drtermines what size I trade.
$50,000 maximum risk is 2% so $1,000 then work out from there.
what I am amazed at is the size of leverage many people use....
I've just set up a $100,000 demo account and see I have the power to buy $10M worth of Euro/$.
WAY too leverage for me. I think of it as "how much will I lose"
so if you have a $100,000 what levage are you using? 2X,3X,5X? No leverage?
Thank you
you know if it's not stevie Cohen, Hedge fund managers, you guys want to see behind bars, it's R.Kyosaki...Hmm I see a pattern as well.
"anyone who is sucessful gets bashed to death on this forum"
Jealousy?
:eek:
no he's a rich ba***'d. And I am guessig most here do not have 1% of his wealth. Again, how can he be a "tool" if has made about $200 million?
I'd say he's one smart cookie
so if you are all such great traders and educators why not give seminars and make millions??????????? WHY NOT?
Yeah i know you are more than happy to scrape by on $100,000 p.a. and leave al lthe gurus B*S* to the "scammers" LOL
You don't have to like the rules but you need to know how...
I just read a book about a guy who says his daily goal is to make 5%..PER DAY. Hmmm......not saying you can't do that sometimes but consistently?
If you use proper money management. Keeps the losses small. Is it a good way to make money? (obviously you need to know how to trade)