SharePosts by dxnation
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Thank you all for your support.
I had been away from this forum for a while and was reworking on my strategies for a high leverage accounts like the one that I lost earlier.
And I am glad to know that I am getting back on track with recovering losses :)
2014 has begun on a positive note and I would be hoping for earliest recovery of funds lost in above mentioned account .
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Hello fellow members,
I would like to write about one of my account which I lost due to a bad trading strategy and would like to come honest about it and say that it was a genuine mistake by me.
Though, I have been trading successfully for past 5 years now and have been successfully making money. I overlooked one of my account and it went down in ashes in a matter of short time.
I am sure people who trusted my strategy would be feeling pissed off as I blew my account but I want to come out in open and admit my mistake and want to tell them that I tried a different approach then my existing...
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@vijayinvites India buys anywhere between 8-10 Bn $$ worth of oil every month. This is single most import of a commodity purchased by India from overseas.
No amount of trading can reach this large scale. So this is not the reasoning behind govt. for not giving access to retail forex trading.
They want to promote their own Forex Exchange Trading and would try to divert traders to use their platform.
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[quote]dxnation posted:
I have a few questions which you might be able to answer.
Whats the requirements for opening a forex account with a broker in EU if you are in India.
How do you deposit and withdraw funds ?
How do you setup PAMM accounts ?
The indian brokers currently offer only INR based pairs where the spreads are too large, so I am sure you are not using them.
Your feedback will be highly appreciated.[/quote]
I posted this question a while back and I found the answers too. So I thought to post it back here so it could help other members too.
Open an account with moneybookers...
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Why do we have a 20 page on a debate like this ??
The original poster itself replied twice after posting this question.
Theoretically it is possible to make such gains but that involves trading high leverages / scalping / big volatility / and tons of other parameters.
And it is suicidal to trade on high margins and bigger leverages. We can simply end this debate by not arguing on who can do it and how can he do it.
Rather share knowledge on:
How can a trader gain consistent Pips (the goal should be to gain pips not $$) ?
How to enter and exit trades ?
How to efficiently manage equity ?...
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yes, I see the same !! This is really strange.
This is a new account and equity is 5k itself, I don't know how this 100k came into the system. It should be a glitch somewhere in the system.
Let me try to unlink and link the account back to see if it gets resolved if not I will write to the myfxbook support team.
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