Yea, i don't like keeping a lot of money in my forex account because of the whole Refco debacle so i just bump up the leverage. However, since i doubled my account so fast i'm setting a max leverage of 20:1 on my account. Hopefully i can have success like the others in this thread. GL everyone Edit: Oops, that quote was directed at Spanish.
make that £600 for the day Just took 80points on an oil long. Have posted loads of screenshots over the lst few weeks. Will post my next one when my account hits around 20k, as that will be a nice land mark from 2k! Currently nearing 17k
the crude oil that my firm quotes dropped off 200 pips in a spike DOWN so i bought it and closed it for 80 pips
Hi all. Nice to see a good crowd of like minded speculators. Made it up to just over 17k today so decent enough. blackjack, with regards to stops it depends on the timescale for me. If im looking for a short scalp i will use a tight stop but if im looking at a longer swing trade then I will look at S/R and at what point I would consider myself wrong. That then determines the size of my position. The tighter the stop the more likely I will increase the position.
Whooo out my bath and oil back down now, even though the pullback is coming extrenely slowly, so guess we need to have obama confirmed before the reaction. Thats gna fuk me off abit though since as it wont coem till during the night my sb firm will be closed, and so my target wont get cashed in even if it gets touched, instead i am gna need oil to not only touch my target but then also stay below it and open below it tomorrow morning..., Just to make it extra tough for me! Added 1 more sell back in the mid 70s though, and so now average price 68.86, and so barely even $1 offside at moment.