prolly easier to do in markets where your broker isn't working against you (pretty much any market but retail spot fx). i don't know about monthly doubling, that's impossible to sustain for obvious reasons above a certain size. .. but doubling annually is definitely possible, within reason. it will get a lot harder as you grow trade futs or equities. the odds are bad in retail fx. why handicap urself
Not sure I totally agree with you there....I trade both Futures and FX and the slippage for larger orders is definitely greater on the futures markets than the FX. That being said I don't trade with retail FX houses, but unless your phone broking retail FX (as in calling and asking for specific price EG $/Yen in $100k) where your broker knows your position I can't see as electronic platforms do anything more than aggregate the total position risk to the dealer....like he really cares about another $100k shorted, when his daily flow is net $2billion!! I use $2billion as a figure purely from knowledge of ODL securities in London....offers retail online accounts and also does huge Fund/commercial biz. But maybe thats not true of all retail houses.... Peace and Profit
yeah i hear ya. if you're trading interbank (not that i've ever watched it or have any intimate knowledge of it), i would assume the interference is removed, at least with regard to running of your own personal stops that i read so much about with small retail shops. if i had to trade fx, i would trade the futs
Let's get back to the original post by Beyonder who posted last on Feb, 27. 06 -- and not get off track. He has made a proposition -- lets simply see how it works out.. Let's observe and learn -- Back to you Beyonder -- waiting for your posts.....cheers.
I trade both at the moment...(2 different systems) have no probs with the futures 24 hrs...can have small issues with FX at certain times like $/SF after 4pm London time (especially Fridays) that you don't get with futures... Horses for courses I guess! Peace & Profit
Sorry dude...thought he'd bailed!!! or blew up!! I'm moist with anticipation! Hopefully those who have been observing this thread have learned! Peace and Profit
Sorry I have not been able to post trades on my $100 dollar account. I was busy with my main account and did not want to use those trades and charts for the $100 account, I will post those charts anyway. Since the time I started the thread I have a total of + 577 pips profit but on my main account so wont count. Anyway here are the charts