CMC have got really bad, their platform sucks, spreads are all over the place, slippage without requotes, price freezes. GBP/USD image image image

Sure, go into Fibo Properties > Fibo Levels and add the following: @ %$ like so..... image

I guess what I'm trying to say is that it's important for you to think about and understand what it is you're attempting to do, that way there wouldn't be any need to ask questions such as what size account you should have or what your stop and ...

If you really need to ask those types of questions then don't waste your money in this business, I'm serious, you will lose every penny. You're probably thinking that's kinda harsh advice but trust me, in a few months time you'll wish you'd taken it! ...

I agree with what others have said but just be aware of the potential for increased volatility due to thin holiday trading (ie maybe reduce size and widen stops). Other than that, if there's a trade set-up then take it! ....or why not take the time ...

Good trade, as near perfect as anyone's going to get! But why would it be wrong to believe you're smarter than a rank newbie (and not just a rank newbie, some people have been plugging away at this for ages!), if you consistently make calls like ...

We know it makes sense but I wonder how many people will actually follow the advice, money management isn't exciting enough for them, they need indicators with lots of lines and colours! You know what would be great, little neon flashing arrows ...

Totally agree, no-one has the monopoly on profitable trading strategies....however they do all have one thing in common - money and risk management. My advice would be to keep it simple, after all this is just a 2-horse race, how many indicators do ...

Exactly, and you only have to look at hypnotherapy to see how effective these methods can be. Like FXSurfer said it's only part of the answer, but psychology does play a major part in trading. Not enough time and focus is spent on it which goes some ...

Well you're a regular little ray of sunshine aren't you! Failures, disasters, no prospects, doom and gloom..... I'm not sure where you got your stats from, 99% out of business within 10 years sounds a bit high to me, and I'm pretty sure being ...

What I want to know is what kind of people/traders made up the 100% because without knowing that, the results aren't particularly scientific and therefore can't really mean very much. And who carried out this survey anyway, and where are their ...

Account size? A live account? Are you serious Dude, trade demo for at least another few months, you need to get just a little bit more experience before you go live.... .....and I'd advise you to get into a landing pattern, your head's in the ...

How did he not make any money, he made >$30k through converting than he would have done not converting, or more accurately he's not lost 30k in the value of his Euro against USD which he would have done if it was on deposit in a bank.

I think I'm getting this (but probably not!) So the 'trade' was really a conversion of your 170k cash Euro balance into USD at 1.46839 which gave you $249,626.30, and then you brought back your original 170k Eur at 1.28839 which cost you ...

Honestly? No, not really, but it's become like one of those chinese puzzles that just can't be put down! I'm a couple of glasses past coherent tonight and hopefully by tomorrow someone else will have solved the conundrum Nice trade though, ...

'close out the P/L in another currency'? 'the account balance never fluctuated with the P/L of the trade'? 'Korean stocks'? Sorry, you've lost me altogether now, plus I thought the lower limit for IdealPro was 25k not 250k? fxtrader42 suggested ...

I'm not sure that's true, where on IdealPro is Jpy/Usd or Cad/Usd for example? How would you convert Yen or Cad P/L to USD (irrespective of size)? I think only on Ideal. Like I said in my first reply I'm going from memory of when I had an IB ...

IdealPro is for trading, Ideal is used to convert out P/L, irrespective of size (within reason, but well within your limits I imagine) Just manually convert out your P/L on Ideal as already suggested....I don't think you can automate the process.

It's been a while since I traded with IB but going from memory I think you have to convert your P/L into account (base) currency using Ideal don't you?

I don't know very much about EA's but try a google search, there's thousands of free EA's around Here's a few that may do the job, I didn't write any of them so credit to the respective authors....