Double my money (forex)

mr double · Mar 14, 2006

nice words,thank you
i am moving to collective 2 ,great site to build your track record and make some money too,so feel free to check it out in 3 months.
how you will find me?easy ,just look who's in the first place

happy trading to you all

ElectricSavant · Mar 14, 2006

Shouldn't you first learn how to trade?

Quote from mr double:

nice words,thank you
i am moving to collective 2 ,great site to build your track record and make some money too,so feel free to check it out in 3 months.
how you will find me?easy ,just look who's in the first place
happy trading to you all

gkishot · Mar 14, 2006

Quote from ElectricSavant:

Shouldn't you first learn how to trade?

Apparently it's less stressful to charge people for trading advices than to do the trading by himself.

mr double · Mar 14, 2006

Quote from ElectricSavant:

Shouldn't you first learn how to trade?

now it's your turn to double,you promised meeeee

mr double · Mar 14, 2006

Quote from gkishot:

Apparently it's less stressful to charge people for trading advices than to do the trading by himself.

good point,for most people, yes
but not for...

DynamicReplic8r · Mar 14, 2006

Quote from mr double:

now it's your turn to double,you promised meeeee

I'll try it. You were using FXCM. They offer 200:1 leverage right? So, with a 50k account I could put on a $10 million position right? The USD/YEN pair is currently 117.54 bid. I'll sell $10 million worth. That's a position of long 1,175,400,000 yen. If the USD/YEN rate goes to 118.13 the account will be wiped out. If it goes to 116.955 I will have doubled my money. Let's see which happens first. You better believe I'll brag if I double in a day.

ElectricSavant · Mar 14, 2006

When did I promise you? I apologize for forgetting my comittments..but I would never promise to double in one month...please do not make me go through all my posts here...

Quote from mr double:

now it's your turn to double,you promised meeeee

ElectricSavant · Mar 14, 2006

or you could pick up some quick bucks with a short on AUD/USD...

ElectricSavant · Mar 14, 2006

The difference is that on any account I would never get past 10:1 leverage max. COMBINED

mr double · Mar 14, 2006

Quote from DynamicReplic8r:

I'll try it. You were using FXCM. They offer 200:1 leverage right? So, with a 50k account I could put on a $10 million position right? The USD/YEN pair is currently 117.54 bid. I'll sell $10 million worth. That's a position of long 1,175,400,000 yen. If the USD/YEN rate goes to 118.13 the account will be wiped out. If it goes to 116.955 I will have doubled my money. Let's see which happens first. You better believe I'll brag if I double in a day.

for every 10,000$ in your account you can sell/buy 1,000,000
so you only can sell 4,000,000,leave 10,000 for margin call