971% in one week?!!! http://www.fxcm.com/contest-results.jsp Q Week one of Aprilâs King of the Mini contest ended with China on top. The Chinese trader showed an impressive gain of 971% and is trailed in 2nd and 3rd place by Americans. UQ
Leverage, Trading EUR/USD with leverage of 100:1, a mothly average 85 pips would be around 70% gain per month. Congratulations! Q Do you believe in 50% a month returns thru mech. system? http://www.elitetrader.com/vb/showthread.php?s=&threadid=39807&perpage=6&pagenumber=2 UQ
Why is that trading EUR/USD more difficult to gain profits/pips? There is no doubt that I find EUR/USD inordinately difficult, and sadly, as you will be able to see from my September report, I'm still doing very poorly with this little experiment of mine. The thing that drives me on this is that being the most widely traded and competitive of pairs, I just think it would be advantageous to crack it. However, if it wasn't for the fact that I've got very little in the way of funds at risk, I would have ditched it long ago. There is also no doubt in my mind that the non-USD and probably the non-EUR pairs are the easiest to trade. Since no-one gives out medals for doing it tough; I'm happy to stay away from the main battlefield. UQ
Quote: Jessie Livermoore There is the fool who says / does the wrong thing all the time. There is the Wall Street fool who think (s)he has to trade all the time. And another one The length of your trading bar (timeframe you trade) is in direct relation to the experience you have.
Q Funny... I'm just trying to figure out why you would try to make those kind of daily gains all on one currency pair. Vizion UQ