i try to trade based on few strategies but it seems to losing more than winning..haha..dat is y i conclude 'air msh keruh'..at least 4 me laa..any profitable strategy 2 share wit me gentlemen? u guys guna which broker?
Kesimpulannya tak ada sesiapa yg boleh predict masa depan dgn tepat. Saya pun ingat bullish tadi tapi nampak macam masih ranging. Nasib tadi sempat stop and reverse. Rugi tak main GU tadi yg sememangnya sudah 'sell off'...
You misunderstood :).... your trading style is called hedging, which is ok. But most reputable brokers and especially NFA-registered would not allow short and sell in the same acc. That's why i asked is ur broker trustable....he.he.
Oh... Hm... hard to tell. For now they yet to make problem to me... Deposit and withdraw fast and good quality of service. Fast execution. Just less promotion I think... So far its the best broker I deal with...
diamondfx posted: I will give you free trading tips, go long on EU, GU , GBP JPY , EURJPY with small lots and leave it for the month, watch as it grows between 100 - 500 pips before month End.
If you do not know how to calculate the proper lot size for your account look at this.
$1,000 account - open only 0.01 lot per trade. $10,000 account 0 open only 0.1 per trade.
Hope this helps , Let me know your results by month End.
Hi Femi Shitu,
I think lotsize is not only calculated based on account balance. You need to know the pip value too. For example, for Micro account, 1 pip is $1 and for standard account 1pip may worth $10.
So if let say somebody account is standard account with 1pip = $10 and it opens EURUSD 0.01lotsize, after 80pips of equity draw down, this account is having -$800 of DD and I am sure this account will get into margin called.
On the other hand, if his account is Micro account with 1pip = $1 and it also opens EURUSD 0.01lotsize, after 80pips of equity draw down, this account only down by -$80 which is only having equity DD of -8%.
So I think we always need to look into pip value before deciding on lotsize vs. account balance.
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