I had sort of suspected that --that is why I trade one EUR/USD contract on Globex per 25k of equity. Also, I noticed that with the high interest carry, there was still only 2 to 5% per month--didn't make sense. Anyway, thread will now be returned to drasf who by the way lost his accent in the last post
ok fair enough...use 1/5th of 50:1 then...hmmm..thats 50%? yield to do nothing at all? A young lady emailed me and told me she entered 50 bucks a month in EUR/HUF for several years and never got close to margin call...she said she never looked at charts...lol...and gawd forbid...she asked me how to Hedge!
Position closed as it reached expected target. Profit 8 pips. which gave me 80 dollar. Summary for today(which is also the first day) so far: 3 trades, 3 winners, which totals 29 pips. Return on equity for today is 16.1%
yo Ripz, I think Kastro is shaping up to be a contrarian - and, if he continues, a damn good one. The dude just nailed over 250-pips on two single EUR/USD shorts in a row and he's still fairly new at the game - an amazing feat. Kindest regards, Zskalper