The reason is “Why we should go to babypips?” is as follows: Hello and welcome to my thread where I'll be showcasing my global currency hedging strategy, that I like to call "Eagles Apprentice". Here we'll be throwing around massive size, spread across all available currency pairs. We're talking watching 70 pairs, breaking up available account balances and spreading that evenly across the pairs that have met the parameters to open trades. This strategy is to be traded with zero leverage. ..So to get the ball rolling, let's open/ set some trade tickets Your statement above shows you are, at best, at a very basic level of understanding of trading and the currency markets. My response is based on this fact. If I were to offer live, one on one instruction, my fee would be $30,000 per hour. Accept my valuable, free advise: Do your homework before trading, or continuing to trade real money. Someday, I may start a trading journal for the benefit of those new to trading. I will let you know. If you are still around. By the way, you were not actually looking to raise funds here, were you? Mr. Wanted: Ballers, Whales, BSDs and Uber Elites -apply here.(?)
I'll gladly pay you 30k an hour, just show me what you're capable of. Until then, I'll actually be doing something, while you're building up the courage or experience to make a move.
It matters what currencies are being traded. Right now the number is bigger than either of us can imagine, because I wouldn't feel nervous until I was the biggest player in a given pair and that is close to impossible. Some of the majors, double digit millions. Some of the thinnest exotics, atleast multiple millions. Even then, I would just be a "big" trader for minutes or hours until volume kept coming in, which WOULD happen. I am holding these positions for days, so I would become irrelevant.
21 of the 27 orders have been filled and am currently sitting on about a +0.20% gain. Will continue to monitor the positions and will update when needed.
Well it's about mid afternoon here on the west coast and time to update my open positions status. Positions have receded a little bit from yesterday, currently about +0.14% They seem to be oscillating around to a high of +0.23% this morning. Continue to hold open.
25 of the 27 trade tickets were filled, the following was the outcome. Aud/chf buy 0.74652 -1.62% Aud/hkd buy 6.14950 -1.57% Aud/nzd buy 1.07710 -0.77% Chf/hkd sell 8.23750 +0.01% Eur/chf buy 1.17070 -0.03% Eur/czk buy 25.46460 -0.20% Eur/huf buy 311.720 -0.27% Eur/jpy buy 131.440 -0.88% Eur/nok buy 9.57090 -0.92% Eur/pln buy 4.19360 +0.59% Eur/sgd buy 1.62040 -0.05% Eur/try buy 4.69210 Gbp/aud buy 1.76510 +2.42% Gbp/chf buy 1.31750 +0.75% Gbp/hkd buy 10.85380 +0.77% Gbp/usd buy 1.38500 +0.68% Nzd/chf buy 0.69310 -0.88% Nzd/hkd buy 5.70930 -0.86% Sgd/chf buy 0.7225 -0.01% Sgd/hkd buy 5.95150 +0.003% Usd/chf buy 0.95130 +0.07% Usd/dkk sell 6.05380 -0.13% Usd/huf sell 253.290 +0.11% Usd/pln sell 3.40770 -0.72% Usd/sgd sell 1.31680 -0.08% Usd/thb sell 31.330 Usd/try buy 3.81190 +2.87% --------------------------------- Running total -0.03%