10 pips x 1 Lot = USD8948 profit? | Forex Factory

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Attachments: 10 pips x 1 Lot = USD8948 profit?
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10 pips x 1 Lot = USD8948 profit?

  • #1
  • First Post: Oct 3, 2006 6:42pm Oct 3, 2006 6:42pm
Can anyone explain how in forex anyone to get a fat US$8,948 off of a 10 pip profit?

This is not a demo account, fluke or anything. It is from a live account with IBFX.

InterbankFX Live Account
ID: REMOVED
Pass: REMOVED
Attached Image
  • #2
  • Oct 3, 2006 6:43pm Oct 3, 2006 6:43pm
Check out the selling price 1117.45- damn how could you be so lucky?

Quoting BurgerKing
Can anyone explain how in forex anyone to get a fat US$8,948 profit off of a 10 pip win?

This is not a demo account, fluke or anything. It is from a live account with IBFX.

InterbankFX Live Account
ID: 13823
Pass: rtw73
Trade what you see - Not what you think
  • #3
  • Oct 3, 2006 6:47pm Oct 3, 2006 6:47pm
Why are you giving out the ID and PW for that account?
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #4
  • Oct 3, 2006 6:52pm Oct 3, 2006 6:52pm
Look closely at the account history. The action was reversed by a -8948 . So it was some kind of error and it was certainly reversed once it was discovered.
  • #5
  • Last Post: Oct 3, 2006 9:49pm Oct 3, 2006 9:49pm
Quoting forexplayer
Look closely at the account history. The action was reversed by a -8948 . So it was some kind of error and it was certainly reversed once it was discovered.
WOW.. I did not see that reversal.. darn... they should have withdrawn and closed the account! =)

Quote
Why are you giving out the ID and PW for that account?

Because the the owner is boasting of his account he wanted to show off his trade strategy is making huge money.

funny, i no longer see his "10 pips buy/sell" orders (aka checkmate ea) anymore... perhaps the owner realized the flaw of his EA.. (keeping short USDJPY positions that clearly is loosing money due to swaps)...
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