Guru 50-50 2nd try (by allanneagle) Quick Stats
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Guru 50-50 2nd try Discussion
allanneagle

Member Since Aug 17, 2009  24 posts allanneagle Aug 18 2009 at 20:59
This is my second attempt to take a $50 account and earn 50pips per day over a little more than a month. This will result in then future trading of 50pips per week for a $25,000/week income.

I have changed a couple of basic account setup options after my first attempt ...
Standard account instead of mini because demo accounts cannot be altered
400:1 leverage instead of 200:1 which simply gives me the ability to have more trades open concurrently.

Day 1: completed in under 3 hours with a 58pip gain

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30-y Bond Auction (23 min)
Turkish Erdogan’s Spokesman expects Lira...(7 min ago)
EURUSD 1.13252 GBPUSD 1.27139
USDJPY 111.267 USDCAD 1.30806

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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.