Posts by myfxpt
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Never risk more than 2% equity on a single trade Cut your losses short and let your profits run Only trade positions with a 1:3 risk/reward ratio or better Golden rules abound in this industry, and everyone seems to know the rules. But who knows how to apply them? How do you determine in advance if a trade will, in fact, deliver a 1:3 risk/reward ratio? At what point should you cut a loss short? Unless you know how your strategy is performing, you can’t answer these questions. So may I suggest that instead of focusing on what you want your account to do, you......
good Trader ? In General Sep 11 2014 at 08:18
[quote]Goldfather posted: Because I am looking for one to work together with.someone who is able. To make constant growth month by month. [/quote] Happy for you to track my progress. Started with $70 start-up capital. [cool]
good Trader ? In General Sep 05 2014 at 00:33
[quote]Goldfather posted: is here actually a Trader who can trade less then 100$[/quote] This is something that I am testing now. [cool]
[quote]kourosh1 posted: Yes very good idea[/quote] Excellent! Hope this helps other traders simplify their Gold/Silver trading. Cheers, Gary [cool]
simple question. In General Aug 03 2014 at 20:27
[quote]makeitrain posted: [quote]myfxpt posted: caser?[/quote] Reading so many threads while tired, I mixed things up and replied to a wrong thread forgive me Regards[/quote] [cool]
[quote]shyamathur posted: there is another one surprise they offer 25% bonus on new deposits and no charges on credit card payment. so attractive that we never get back our settlements.[/quote] Client feedback: Cannot find any trace of registration with the local regulator: [cool]
simple question. In General Aug 03 2014 at 02:07
With respect, it is so critically important that you do some home-work BEFORE you deposit with a broker. Seems you are not alone in trying to withdraw funds: Did you bother to check if this broker is regulated? Takes just a couple of minutes: I don't want to come across too harsh, but the reality is that we, as traders, are responsible for ensuring the safety of our funds at all times. What's the point of having a great trading strategy that makes you lots of money,......
simple question. In General Aug 02 2014 at 22:43
[quote]vinabao posted: I think you guys are talking about 2 different things here . One side talking about manage many accounts for people through the signal from their small fund account than of course it is ok with no emotional of trading big account .Whatever $1000 account do than the $100 k or $1 millions account would copy the same . The other side talking about if it is different between trading account $1000 & $100 k or $1 million .Hell knows . of course it is different .You can lose $1000 with no problem but with $100k is different story , so no way you can trade same way and ......
Don't kid with leverage.. In General Aug 02 2014 at 21:20
[quote]FOREXunlimited posted: I've always felt that newer folks fall under the spell of being provided 500:1 leverage and thinking they need to use it all simply because "it's there". My trading really turned around when I realized that leveraging yourself out over 10:1 for the majority of the times you interact with the market is difficult to manage in the long run (in terms of managing risk and capital exposure over time). Jake[/quote] Agree! Leverage is like the bank overdraft a business uses to manage cashflow...just because it's there, doesn't mean you to have to use all of i......
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.