Search results

Feb 28, 2006 As of NY close today my account is up 78 pips today. Total pips from start = 133. 1 lot in a Mini Account is $78 10 lots in a Mini Account is $780 100 lots in a Mini Account is $7,800 1 lot in a Standard Account is $780 10 lots in a Standard Account is $7,800 100 lots...

Feb 27, 2006 As of NY close today my account is up 55 pips. No open trades. 1 lot in a Mini Account is $55 10 lots in a Mini Account is $550 100 lots in a Mini Account is $5,500 1 lot in a Standard Account is $550 10 lots in a Standard Account is $5,500 100 lots in a Standard...

Well you are doing it differently than I am, but go for it. I am running my demo account for everybody. Then every once in a while I will post a jpg to look at or just mail a copy of the brokers confirmation to those who ask for it. My live account is nobody's damn business. I know it can...

Both. I will post jpegs of my demo account every so often. My Live account is private

Well Chood there is a lot more to it than what you seem to have read. Look at the title. Is there a Market . . . There such a Market is and its the Forex. If you are not here to make the most you can in the Forex Market then what are you doing here? Some people may not like my trding...

I trade right now at a 2 pip spread on the Euro/$ so by your defination of slippage I am paying 4 pips. Only thing is I get the profit on both sides. Call this quasi-hedging or whatever, it seems to work for me. Semantics are not that important to me. I don't have trades open on both sides...

Its 1:55 EST and an nice scalp is forming. Actually it is a bit late but any place around 1.1857-60 is a good entry with an exit at 1.1835. This will probably happen before 5:00 a.m. EST. I will not be staying up to watch it but It could go to 1.1810 before the NY open. Then I will have...

I think we are using the word "hedge" differently. If you mean putting in two trades at the same price as the hedge, then yes I would have 1/2 of the hedge left when one side closes. Normally, this does not happen. Here's why. My trade station permits hedging which means that I can enter...

When a hedged trade hits an old T/P the market is running with that trade so, yes I will add to it with the current params in mind. Sometimes it will be at the top or bottom of the range for that day and then I just get out. So the answer is it just depends.

Illiquid aren't you confusing slippage with spread? When the spread is 3 pips per trade that is the cost of this business, the spread. When you enter or exit at one price but your trade station fills it at different price that is not in your favor that is slippage as I understand it.

I only have about 20% of my account in the market at any one time. The trades will be both shorts and longs which I will leave in until they hit the target T/P. Sometimes this means leaving a trade in for days. If I need the margin for another trade I may close it at a small loss. I use a...

Note: I posted this in the Trading Forum under a thread with a similar name. It has been a lively discussion over there. I think we may get some interesting ideas here as well. FYI before you read on I do believe that someone can do this. It may not be me, but I am having fun trying. Here...

The answer to the question from gkishot -- PipsGalore, i am wondering what is that in your mind that makes forex market better than futures? I like the volatility of the market. I also like the predictability that I see when I apply the system I use. The system works 80% or better, even...

This certainly has turned into a lively thread. Since my topic is FOREX I will be moving over to the FOREX Thread. I have some comments to the replies here which I will post there on Feb 26th. Meanwhile, I notice the difficulty we are all having with the zeros in the Billion and Trillion...

I am not implying it. I am making the flat statement with two important caveats: 1. You have to know how to trade the Forex with a reliable system. 2. You have know how to manage your money to build your account. Remember a mind is like a parachute. It has to be open to work. A...

I have a few doubts that someone could trade their way into $100MM in stocks or futures, but the fOREX is a completely different story. In fact, I have worked up a spread sheet where with just a $1000 to start you can have $1 million in less than a year. Your second year will get you the...