Currency Command Post

[DepthTrade]

Hello and welcome to my thread. Here I will be trading both a leveraged account at x14 leverage and an account using zero leverage. The x14 account will be using Stops and Targets, while the zero leverage account will be free-floating as cash would be in a savings account. The zero leverage account Position Value may fluctuate around the account balance and this is due to the rates constantly changing, but I will do my best to keep it properly weighted.
If you have any questions or critique, please feel free to post them.
Have a great day and good luck!

Let the games begin.

 

[DepthTrade]

First trades in both accounts.

 

[Overnight]

First trades in both accounts.

View attachment 231179

View attachment 231180

Exit your positions now? You went from 1K to 15K?

 

[DepthTrade]

Exit your positions now? You went from 1K to 15K?

Hello overnight, thanks for visiting.
Ok, will do. What do you suggest I do?

 

[Overnight]

Hello overnight, thanks for visiting.
Ok, will do. What do you suggest I do?

It says your position value, in the summary screen, is 15K. So exit all your positions and collect 15K?

 

[DepthTrade]

It says your position value, in the summary screen, is 15K. So exit all your positions and collect 15K?

Haha, good call... but tomorrow I hope to collect 25k, then within 3 months control the entire market.

 

[Overnight]

Haha, good call... but tomorrow I hope to collect 25k, then within 3 months control the entire market.

Ahh, I see, your unrealized P/L is less than a dollar.

I guess I do not understand FX.

You should start a journal in the journal section, rather than show us your journal in the Forex section?

 

[DepthTrade]

Ahh, I see, your unrealized P/L is less than a dollar.

I guess I do not understand FX.

You should start a journal in the journal section, rather than show us your journal in the Forex section?

No, this is exactly where I should be. People need someone to follow that knows what they are doing and to show it is possible to make money doing this.

 

[Overnight]

"The zero leverage account Position Value may fluctuate around the account balance and this is due to the rates constantly changing, but I will do my best to keep it properly weighted."

I am too stupid to understand leveraged accounts, vs unleveraged accounts in FX. Your account value in the one account is 1K, but PV is 15K. I do not know which account that is, or why that matters, or whatever. Good juck in your jou...I mean, thread!

 

[Overnight]

Wait, I see it. At the top of the screencaps, you have the 14x lever account and the zero lever accounts.

Got it.

Well, damn, leveraging isn't making much of a difference at the moment. FX is weird that way I guess.