Dislikedtheoretical results on excel are like porn for upcoming traders. They get turned on by it.Ignored
Forex or stocks, which one is more risky 30 replies
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Pyramiding: A Risky Strategy 0 replies
Dislikedtheoretical results on excel are like porn for upcoming traders. They get turned on by it.Ignored
DislikedNo, I would have 10k in my account and open a 100k position. At the allowed 30:1 ratio, that would mean my margin would have to be at least $3,300 or 33%. Actually a few percent more based on the pair.Ignored
DislikedHoly balls, no! Odds are too much against you. With a veteran winning percentage you won't last more than a few 100k trades.Ignored
DislikedHoly balls, no! Odds are too much against you. With a veteran winning percentage you won't last more than a few 100k trades.Ignored
DislikedDid you read the part where he said hes got 30 years experience? I think he knows what hes doing. I doubt in your 1-3 years theres much help you can give him. Maybe Im wrongIgnored
DislikedLol. How do you know I have 1-3 years? Bc my profile said so? How do you know he has 30 years experience, bc you believe one post in forum?
Ok so you've got 30 years experience then you post in a rookie forum asking if your plan is risky by putting 33% of your capital per trade. Money management should be a top priority in any professional trading career. I just feel like that's too much to risk for any reward IMO and your acct will fail.Ignored
DislikedLOL! How about 30+ years of being really good on currency trends, does that count? I can tell you flat out that the AUS/USD is going to fall like a brick soon.Ignored
DislikedI hope I'm not such an idiot that I blow up my account for no reason at all.Ignored
DislikedGee captian obvious, it has only been going straight up for the past month... What gives you the idea that it cant continue?
Not sure how 3 weeks on demo equates to 30 years of trends, but then again, you do seem to have developed your own "special" brand of math. In either case I am going to say No, it does not count.
We have already explained to you that this is a bad idea. But go ahead, trade away, and feel free to come back here and say you told us so. But I highly doubt that you honestly will.Ignored
Disliked33% is huge! It would only take you 3 trades to be out. I would not be trading more than 2-3%. You have to learn the market and forex is not easy at all. For new traders I consider forex no different than gambling, its just legal.Ignored