So, please don't allow the title of this thread to make me look mentally unstable. ha ha ha ok now that the laughter is over lets get down to buisness. I have been "involved" with forex for about 2 years. I signed up with a company though that worked a equation and I punched in numbers. Thus i've lost around 15k. I'm done with them but am looking to go out on this adventure by myself. I've been trying to read through threads on here and find myself COMPLETELY lost. Nothing bad on you guys, but as a complete newbie it's extremely overwhelming. I am currently running a demo and live account in conjuction. I figured out the equation that the company was using and am still using that for the time being. I'm sure your all wondering why i'm still working with something that didn't work, but its all i know. Here are my current account stats:
I started with 400 Dollars
Margin is 400:1 and im trading at a 10% margin
Obvisously im at .01 lot sizes
Im dealing right now with:
EUR/USD 4 lots per trade
GBP/USD 4 lots per trade
USD/CHF 16 lots per trade
This is how they set up there equation. Any suggestions or more information needed? Please be nice to me for I know most will read this and laugh at my nembieness but I don't really know how to learn other then ask questions. How do i go about trading other currencies? How do I change my aggresiveness? Can I trade other currencies the same way I trade with my 3 I listed above? Also I've been reading forums and many ppl talk about trading in 15 minute window or 5 minutes? what does this mean? Thanks so much guys. I appreciate any help I can get.
I started with 400 Dollars
Margin is 400:1 and im trading at a 10% margin
Obvisously im at .01 lot sizes
Im dealing right now with:
EUR/USD 4 lots per trade
GBP/USD 4 lots per trade
USD/CHF 16 lots per trade
This is how they set up there equation. Any suggestions or more information needed? Please be nice to me for I know most will read this and laugh at my nembieness but I don't really know how to learn other then ask questions. How do i go about trading other currencies? How do I change my aggresiveness? Can I trade other currencies the same way I trade with my 3 I listed above? Also I've been reading forums and many ppl talk about trading in 15 minute window or 5 minutes? what does this mean? Thanks so much guys. I appreciate any help I can get.
Lets do this...