£153 to £5000 Micro Forex

Discussion in 'Journals' started by Lethn, Feb 22, 2010.

  1. Lethn


    GBP/USD Sell

    Open: 1.54816

    Close: 1.54778

    P/L: 3.8

    Gross P/L: 0.38

    Day P/L: 0.11

    End Balance: 153.14

    I'm done for the day, I'll be starting up again tomorrow and hopefully now I know how trading works properly I'll be able to make a real profit!

    And I'd rather stay independent if it's all the same but thanks :p
    #31     Feb 22, 2010
  2. PaulRon


    Yea, I was lying. You're hopeless.
    #32     Feb 22, 2010
  3. Lethn


    Explain? Or are you just trolling for the sake of it?
    #33     Feb 22, 2010
  4. You had made 0.11 after... something like 20 trades?

    How much do you pay for commissions on each trade?

    At this rate, how long do you think it will take you to reach 5000?
    #34     Feb 22, 2010
  5. Lethn


    I've been trading in 1 quantity each time :S going to up my game now so it shouldn't take a huge amount of time.

    and yes I messed up royally on my first trade but I got it all back eventually. No commissions on trades but I forgot that you could make way more profit by trading in more quantity >_<
    #35     Feb 22, 2010
  6. TGpop


    what cents/pip you trading? plus what broker ? im considering going oanda with pretty much the same amount you have
    #36     Feb 22, 2010
  7. Lethn


    I'm with FXCM Micro and My pip cost is 0.10 on the GBP/USD
    #37     Feb 22, 2010
  8. TGpop


    just cable?
    #38     Feb 22, 2010
  9. Lethn


    Wait wut?

    What cable? Or am I missing something completely here?
    #39     Feb 22, 2010
  10. TGpop


    oh, cable is GBPUSD
    #40     Feb 22, 2010