Can't withdraw funds - scam scam scam! — Been waiting for my money for weeks. Nothing but implausible excuses about my account needing to pass some sort of compliance review. They won't even estimate when I can have my money back. Worst ...

All excellent advice, thank you. I had no intention of diving in right away with large trades, but I appreciate your words of caution. You're right, I will probably want to try this myself no matter what.

Okay, so it works but it is likely the broker will eventually stop you. I too am looking at putting on some very large positions, which as you say increases the likelihood of being stopped. I have seen some people claim that as long as you throw the ...

What is the "if..." ? — Okay, dumb newbie question here. I have read a ton of threads discussing the mechanics of implementing this hedge. Mostly it is suggested to use a Sharia account for the short side of the hedge, although I ...

I give up... :-( — Gwan, I think we are going around in circles. I wrote about micro lots and $0.10 pips because your example used a micro lot. If you are in fact trading mini lots then yes, one pip is $1.00 for your example, but everything ...

Hi Gwan, Okay, I understand now, but I think you are making some very serious errors: 1) For your example, 1 pip in a micro lot of NZD/USD is $0.10. This is 10 times bigger than you are thinking. 2) This means 7350 pips = $735.00 3) This means that ...

Still confused part 2 — Gwan, I think the only way I will understand what you are saying is if you spell out step by step what you mean. Would you mind posting the details for how you would fund an account and do a single trade such as you are ...

It's not about the size of the pips — Gwan, I am a complete newbie so I am not 100% yet on calculating pip values and such. However I can tell you that pips are just a bookkeeping device. The economic reality behind them is that you are ...

You are adding/subtracting when you should be multiplying/dividing — Gwan, Have you considered that pips will change in value as the currency pair fluctuates? If for example USD/JPY plunged to 50, one pip on a microlot would rise to $0.20. ...

Still confused... — Sorry Gwan, I am still confused. If the position goes against you, how can you avoid a margin call and eventual termination (bankruptcy)? If you fall below the required margin as a result of a losing position this is the ...

Confused... — Hi Gwan, I am a newbie, so I am having a lot of difficulty understanding what you are saying. I am trying to read between the lines though. Are you saying that there is a way to put on a position so small that there can never be ...