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LOOL :D

I really salute the efforts and the honesty of the OP. But his trading shows exactly why so many traders suffer, following textbook style trading that is preached like a mantra all over the internet ("you have to go with the trend", "dont fade the market", "you have to use (hard) stops", "your...

Somehow that Meir Barak reminds me of this good old friend here:

Hey, I see you upped your account balance a bit... I wish you good luck with your new trading, I will follow how you do here, your presence on ET was pretty entertaining so far :-) Now let the $$$ roll in :cool::thumbsup:

Your balance/ equity was already down to 6 USD, now it is back to 25 USD ... you refill your account with new cash all the time ?

Yes I "scalp", I do very shortterm trading. The spread is what all those retail FX and CFD brokers make their money with. I dont think the spreads will change very much, they have not changed much for years. Another idea for you, something I would prefer to trade over Forex if I would have...

Nobody is perfect... there is always room for improvement, for everybody. It seems you know that you have still a lot to learn. Other beginners are overconfident and jump in the market with much more money than they should. If you continue trading the way you did so far, you will lose those 25...

Page 1 of this thread you have an equity of 25 USD, now there is only 6 USD left... I think the best idea you had so far is to play it small and to not trade with a larger account.

https://www.tradingheroes.com/paul-rotter-the-legend-the-myth-the-man/ https://www.elitetrader.com/et/threads/pabst-questions-regarding-pit-trading.71503/ Hope this helps a bit to understand what scalping is about...

Hi Peter, thank you very much for the open and honest answer, and the insights you share. I like your positive attitude towards your traders, kudos to you :cool::thumbsup:

Looks very nice but at the same time very strange. Who is trading that small that he makes or loses only 10 or 20 US$ per day and then the next month he is suddenly a big player and makes something like 2,000 per day ? How did his clip size change from March to April ? Jumping from being a 1...

copy that, fade the crowd

Thats what you call "leverage", or trading on margin. It is the same in futures trading, currency trading, CFDs ... You buy or sell a financial contract, but you dont have to come up with the whole nominal value (in this case the 5,000 EUR) of the financial contract you are trading. You only...

1 lot in forex trading means 100,000 units in the base currency. For example in this case, where he trades EURUSD, 1 lot equals 100,000 EUR. So 0.05 lots is only 5,000 EUR, a very small position (= 5 microlots). But thats the nice thing about forex and cfd trading, you are very flexible with...

Thx HobbyTrading, this is supercool :-) ! This was before I even knew what stocks and brokers are, it is cool to hopp back in time and see how it was back then ! Loool, netscape navigator ? Nasdaq Level 2 Tutorial !!!