Double my money (forex)

Discussion in 'Journals' started by mr double, Feb 11, 2006.

  1. nice words,thank you
    i am moving to collective 2 ,great site to build your track record and make some money too,so feel free to check it out in 3 months.
    how you will find me?easy ,just look who's in the first place:)
    happy trading to you all
     
    #371     Mar 14, 2006
  2. Shouldn't you first learn how to trade?


     
    #372     Mar 14, 2006
  3. gkishot

    gkishot

    Apparently it's less stressful to charge people for trading advices than to do the trading by himself.
     
    #373     Mar 14, 2006
  4. now it's your turn to double,you promised meeeee
     
    #374     Mar 14, 2006
  5. good point,for most people, yes
    but not for...
     
    #375     Mar 14, 2006
  6. I'll try it. You were using FXCM. They offer 200:1 leverage right? So, with a 50k account I could put on a $10 million position right? The USD/YEN pair is currently 117.54 bid. I'll sell $10 million worth. That's a position of long 1,175,400,000 yen. If the USD/YEN rate goes to 118.13 the account will be wiped out. If it goes to 116.955 I will have doubled my money. Let's see which happens first. You better believe I'll brag if I double in a day.
     
    #376     Mar 14, 2006
  7. When did I promise you? I apologize for forgetting my comittments..but I would never promise to double in one month...please do not make me go through all my posts here...


     
    #377     Mar 14, 2006
  8. or you could pick up some quick bucks with a short on AUD/USD...
     
    #378     Mar 14, 2006
  9. The difference is that on any account I would never get past 10:1 leverage max. COMBINED
     
    #379     Mar 14, 2006
  10. for every 10,000$ in your account you can sell/buy 1,000,000
    so you only can sell 4,000,000,leave 10,000 for margin call:D
     
    #380     Mar 14, 2006