Is it possible to trade a small FOREX account up to $100 Million?

Discussion in 'Forex' started by PipsGalore, Feb 26, 2006.

  1. EUR is the globex euro/us dollar future and the spread is nearly always 1.If you have to go with bucket shops you get what you ask for.
     
    #21     Feb 27, 2006
  2. Chood

    Chood

    Let's see if I get it: all anyone reading this thread needs to win a million bucks at fx is the "right broker" (defined as one that accepts mini accounts), a thousand bucks, and the right karma.

    This is just more of the same moon-beam, dreams-of-riches pixy dust the fx retailers sprinkle around to trap new fishes for their bucketing operations.
     
    #22     Feb 27, 2006
  3. Blindside

    Blindside

    PS: Are you trading a live account?
     
    #23     Feb 27, 2006
  4. Well Chood there is a lot more to it than what you seem to have read. Look at the title. Is there a Market . . .

    There such a Market is and its the Forex. If you are not here to make the most you can in the Forex Market then what are you doing here?

    Some people may not like my trding style, but it seems to work for me.

    All the Best
     
    #24     Feb 27, 2006
  5. Both. I will post jpegs of my demo account every so often. My Live account is private
     
    #25     Feb 27, 2006
  6. bitrend

    bitrend

    Sure. $1 million in debt if my broker is stupid enough to allow me continue to trade a full year.
     
    #26     Feb 27, 2006
  7. Feb 27, 2006

    As of NY close today my account is up 55 pips. No open trades.

    1 lot in a Mini Account is $55
    10 lots in a Mini Account is $550
    100 lots in a Mini Account is $5,500

    1 lot in a Standard Account is $550
    10 lots in a Standard Account is $5,500
    100 lots in a Standard Account is $55,000

    Obviously, it pays to trade multiple lots. It is the same skillset
    to earn the pips regardless of lot size, except the psychological factor.

    Cheers
     
    #27     Feb 27, 2006
  8. Chood

    Chood

    Proof that you can multiply is a step in the right direction.

    _______________________

    . . . 1 lot in a Standard Account is $550
    10 lots in a Standard Account is $5,500

    _______________________
     
    #28     Feb 27, 2006
  9. Feb 28, 2006

    As of NY close today my account is up 78 pips today. Total pips from start = 133.

    1 lot in a Mini Account is $78
    10 lots in a Mini Account is $780
    100 lots in a Mini Account is $7,800

    1 lot in a Standard Account is $780
    10 lots in a Standard Account is $7,800
    100 lots in a Standard Account is $78,000

    Cheers
     
    #29     Feb 28, 2006
  10. In the real world, it just somehow doesn't workout that way :)
     
    #30     Feb 28, 2006