- #754,683
- Feb 6, 2013 4:30am Feb 6, 2013 4:30am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
still waiting here for 24-25missed buy limit by 0,7 pip,come back! grrr
Trade What You See Not What You Want To See
- #754,685
- Feb 6, 2013 4:33am Feb 6, 2013 4:33am
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
I somewhat agree...at least if the goal is to make "real money". However, if you look at it in % terms it's of course viable, you just have to set sensible stop losses and never risk more than c. 2% of your account.
Now of course if the guy wants to make real money with a $100 account he's going to overleverage his account and go bust...at least that's the impression I got by him asking if risking 50% was acceptable. He's looking at it in dollar terms instead of % terms...which is of course bad
100$ account always get blown simply because we are all greedy and sooner or later such an account holder will be risking more than 1%
100$ is good at the bar with your mate, the most important aspect is to know when to enter and when to exit - learn that first
10000$ is a minimum amount you need, purely because of those greedy expectations from every trade, anything below will always be blown imo.
You are much better on demo for time need it to save money for your PROPER deposit than blown ten accounts with 100$ each,
Watch charts and learn how market moves, MM/1%/real money lost it is all bollocks, trust me, been there done that like they say
swing it!
- #754,688
- Feb 6, 2013 4:38am Feb 6, 2013 4:38am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
Hi 4exNinja, the 100 USD account was an example..and yes in the past i was thinking money wise,.. now im only thinking pips here and pips there.. there are pips every where(hihi it even rhymes).
My main question was: How much do you use per trade in %%%
Cheers!
Do you mean leverage or risk per trade?
If you are talking about risk:
5% per trade x 20 strike = bye bye
10% per trade x 10 strike = bye bye
50% per trade x 2 strike = bye bye
If you are talking about leverage:
For example; Account size $100K
1 standard lot for E/U leverage 1:1 = $10/pip
10 standard lot for E/U leverage 10:1 = $100/pip.
If you are in the learning process, use low leverage 1:1.
Leverage 1:1 the trade go against you 100 pips = $1,000 = 1% draw down.
Leverage 10:1, 100 pips = $10,000 = 10% draw dawn.
- #754,689
- Feb 6, 2013 4:38am Feb 6, 2013 4:38am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #754,693
- Feb 6, 2013 4:41am Feb 6, 2013 4:41am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #754,694
- Feb 6, 2013 4:41am Feb 6, 2013 4:41am
- Joined Nov 2008 | Status: Trader | 2,177 Posts
Long @1.3525
we ride together, riders of the storm 
highering target to 3572
- #754,695
- Feb 6, 2013 4:42am Feb 6, 2013 4:42am
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
There goes a good question, does anybody ever seen year old account with starting capital of 100$??? and proper MM followed?
100$ account always get blown simply because we are all greedy and sooner or later such an account holder will be risking more than 1%
100$ is good at the bar with your mate, the most important aspect is to know when to enter and when to exit - learn that first
10000$ is a minimum amount you need, purely because of those greedy expectations from every trade, anything below will always be blown imo.
You are much better...
If you only have $100, any wins using decent leverage are pretty much meaningless unless you live in a 3rd world country (and even there it would be a small amount). So of course a lot of people get greedy and risk too much per trade...which leads to them blowing their account. I recon the % of $100 surviving the first year is probably tiny
- #754,697
- Feb 6, 2013 4:46am Feb 6, 2013 4:46am
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
swing it!
- #754,698
- Feb 6, 2013 4:48am Feb 6, 2013 4:48am
- | Membership Revoked | Joined Aug 2012 | 8,502 Posts
- #754,700
- Feb 6, 2013 4:49am Feb 6, 2013 4:49am
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See