You're a genius. Now go back to xhamster. Show off your high IQ in the comments there and let people here answer my actual and very specific question.
I have $100 on Oanda. I want to lose it or double it as quickly as possible.
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You're a genius. Now go back to xhamster. Show off your high IQ in the comments there and let people here answer my actual and very specific question.
Xhamster?
Shocked you don't know that, good site.
You can't go to zero you'll get margin called, tie up $30 with margin, place a trade and wait and see.
Usdjpy better this time of night.
Improving you odds to get 16 doubles in a row, tricky sadly.
Double or lose your $100 by going all-in on anything, right now, at Oanda. Seriously, why did you ask a specific question that had no specifics?
You're a genius. No plan, no capital, no brains on this one. If you had $2000 to work this plan of doubling or losing $100, you won't go broke until you try it 20 times. Just invest in good commercials or something. You might have a better shot at making or losing it all.
At the very least, you'll be known for smooth tunes, while you head down the road to ruin.
Should be fairly easy. Account will be at zero momentarily.
Nah margin requirement, use $50 margin it'll kick you out with $50 left, then 25 then 12.5 ever decreasing lot sizes then your going to need slippage to take you sub margin.
Guess playing major news and a spike against you could slip you to 0 or below.
FOMC or NFP. Keep in mind the spreads widen from about 1 pip to 10+ pips during news releases. Getting out instantaneously might be hard.
FXCM quotes used to lag approx 2seconds behind my chart, guaranteed entry prices, so you could literally watch NFP Spike the chart 100pts up, get in before then get out before any fast reversals atleast, sadly they spotted I was doing it and stopped me with requotes, made a lot before they did though
Just my opinion/observation: Oanda has always been transparent and doesn't play games with requotes, etc.
In OP's case he's literally gambling so getting in/out with precision isn't important but keeping expenses low is. Make a guess about whether the market will settle higher or lower after the news event. Buy or sell as appropriate a few minutes before the event when spreads are narrow. During the news event spreads will be wide. Wait. When the event is over and spreads have narrowed again, close the position. You either won or lost.
In OP's case he's literally gambling so getting in/out with precision isn't important but keeping expenses low is. Make a guess about whether the market will settle higher or lower after the news event. Buy or sell as appropriate a few minutes before the event when spreads are narrow. During the news event spreads will be wide. Wait. When the event is over and spreads have narrowed again, close the position. You either won or lost.
Fxcm don't either these days, too be fair i was playing on the delay in there system and at that time taking there money lol