FX Trades - 2012

Using max leverage on a single trade? Good luck with that.

 

IB lets you use 40 to 1 leverage on FX trades.

A 200K account taking a $8M position would be using max leverage.

Taking a 200K position is using zero(or close to zero) leverage.

 

Bought 200K AUDCAD at 1.0194

P&L (Trade #4) = -CAD 160

 

he can use all the leverage he wants bcuz he's trading with monopoly money....

let him trade with a real acct and see how fast it implodes...

 

Bought 200K of NZD/CAD at .8026, stop at .7986. profit 100k at .8076 and 100k at .8126

 

Sold 200k of NZD/CAD at .8000

P&L ( Trade #5) = -CAD 520

 

Sold 200k of GBP/JPY at 1.2999, stop at 1.3039

 

Covered 100k of GBP/JPY at 1.2959 for a profit of JPY 40,000

Stop on the other 100k moved to 1.2999 and profit target of 1.2919

 

Trade #7 - Bought 200k of EUR/AUD at 1.2826, stop at 1.2751

 

Limit buy of 100k GBP/JPY at 129.19 got triggered overnight.

P&L(trade #6) = JPY 120,000