Chinook's EUR/USD (E/$)Mumblings

so, Ivan, you draw $150 A DAY interest??

how many units is that in play?

I got a demo with 500,000 units and it only draws $52 a day.

you got to be trading some HEAVY money, no?

 

Don't know who you use for your demo, but if you used Oanda, you'd be drawing $109 a day for 500,000 units.

To answer your question regarding heavy money, I guess that depends on what you call heavy money But yes, it's $142 a day. I was just rounding.

http://www.oanda.com/products/fxmath/interest.shtml

 

so if you're using 50:1 leverage you've got almost 750,000 units in trade.

impressive.

more impressive is the shear dollar amount you must have in that one account to support the 750,000 units.

presuming the 50:1 scenario, it takes $27,500 to buy 750,000 units.

Now, presuming you're using 1% of your money in this trade, it means you have $2,750,000 in your account.

Hm... not bad... not bad at all....

 

I'm using 20:1. And I do not follow that 1% rule at all. The money in my forex account is not my life's savings, or my nest egg, etc. It's disposable income with which I'm learning to invest. I am an expat living in Moscow as the GM for a large FMCG company. I'm not a day trader.

If you want to know more, I don't mind sharing. Just PM me - as this isn't the thread's topic.

Thanks!

 

Greetings from Moscow, Ivanovich!!!

You have an interesting nick being the expat in Moscow)))
Despite it's not its topic, I'm very astonished that guys like you also play in forex, so I really-really wish you good luck and nice holiday in Greece.

BR,
OfmY

 

Ofmy,

Ìåíÿ çîâóò òîëüêî øóòêà

But thank you for your best wishes. Are you in Moscow too?

 

Yeah, from Moscow too, i.e. was born there

What do you mean by Ìåíÿ çîâóò òîëüêî øóòêà?))

 

Just saying that my name is a joke: Ivanovich. I'm not Russian

 

Closed GBP/USD @ 1.8370 for 135 pips profit
Closed GBP/JPY @ 196.25 for 125 pips profit

You guys should have listened to Uncle Ivan.

-Ivan

 

nasdrovie Ivan !