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As simple as possible: 00 level trading

  • #28,561
  • Mar 25, 2015 4:04am Mar 25, 2015 4:04am
Some time ago, a broker with about the same conditions as ICM was recomended to me and i have been testing them on demo.

I actually have less freezes.... but thats on demo.

I will not post it here, any info, only with PM.

Asmodai
  • #28,562
  • Mar 25, 2015 4:05am Mar 25, 2015 4:05am
Quoting yelena
{quote} When the account reaches USD 50,000, the brokers remove it from any leverage program. 1:1. no more 1:400. It gets even scarier! Patience kicks in aiming for +25/+30, targeting to make the most out of each trade. limiting positions to just 2 per day as much as possible. Psychologically, it becomes more difficult because there's no more leverage.
Hi Yelena,

I look forward to having such a problem

Thanks,
Rapid
  • #28,563
  • Mar 25, 2015 4:08am Mar 25, 2015 4:08am
Quoting yelena
{quote} When the account reaches USD 50,000, the brokers remove it from any leverage program. 1:1. no more 1:400. It gets even scarier! Patience kicks in aiming for +25/+30, targeting to make the most out of each trade. limiting positions to just 2 per day as much as possible. Psychologically, it becomes more difficult because there's no more leverage.
really? tought the leverages would lower, but 1:1 only? how can one make same %/day on such leverage?
  • #28,564
  • Mar 25, 2015 4:09am Mar 25, 2015 4:09am
Quoting Udine
{quote} you can show us a better broker, with low commissions, low spread and no slippage?? please do share Udine
Based on my analysis and adding the stuff I read about AXI latter, they could be a suitable replacement
  • #28,565
  • Mar 25, 2015 4:13am Mar 25, 2015 4:13am
Quoting yelena
{quote} When the account reaches USD 50,000, the brokers remove it from any leverage program. 1:1. no more 1:400. It gets even scarier! Patience kicks in aiming for +25/+30, targeting to make the most out of each trade. limiting positions to just 2 per day as much as possible. Psychologically, it becomes more difficult because there's no more leverage.
I had different >50K accounts at different brokers with 1:100 leverage. They provide it until 300K. Then 1:50.
  • #28,566
  • Mar 25, 2015 4:13am Mar 25, 2015 4:13am
Guys, this is not the forum to discuss broker stuff....
I think one of the 00-level forum members even setup a separate forum for that.

LuXing
Wisdom begins in wonder
  • #28,567
  • Mar 25, 2015 4:14am Mar 25, 2015 4:14am
Quoting Asmodai
Some time ago, a broker with about the same conditions as ICM was recomended to me and i have been testing them on demo. I actually have less freezes.... but thats on demo. I will not post it here, any info, only with PM. Asmodai
Demo trading doesn't compare with real trading. You'll rarely see ICM slipping your price there.
  • #28,568
  • Mar 25, 2015 4:23am Mar 25, 2015 4:23am
Quoting Udine
ok just to be clear here.. how many trades would have been this morning since Frankfurt open: this does not mean I did take all these, but just to give you an idea EURUSD: 1. level 1 short signal : not taken entry @ 050 = a no go 2. level 4 long signal: tp 3. level 1 long signal: tp
Dear Udine,
I can't find a valid level 1 long EU trade this morning...
Anyone?
  • #28,569
  • Mar 25, 2015 4:24am Mar 25, 2015 4:24am
Quoting Udine
to give you an idea of account growth: 1K with 1% compounding a day results in 1 million in 35 months 1K with 2% compounding a day results in 1 million in 18 months and dont start a discussion about its all theory... I know that all too well, but you think lack of patience and greed will get you there faster ??? think about where you were 3 years ago and where you might be 3 years from today Udine
and here I thought you've done it for real a few times over already


ChrisGC
The problem is not giving offence but taking offence!
  • #28,570
  • Mar 25, 2015 4:30am Mar 25, 2015 4:30am
Quoting PartySheeper
{quote} Dear Udine, I can't find a valid level 1 long EU trade this morning... Anyone?
Same here,

All have been against the rules "slightly", news or levels in the way. I'm a religious about this

Vlad
  • #28,571
  • Mar 25, 2015 4:31am Mar 25, 2015 4:31am
Quoting gigicualex
{quote} Demo trading doesn't compare with real trading. You'll rarely see ICM slipping your price there.
I know that demo and real are very different.

I will start a real account soon, but still undecided on broker.

Asmodai
  • #28,572
  • Mar 25, 2015 4:34am Mar 25, 2015 4:34am
Hey Guys Good Job on 3d ad always! !!
Could Someone (re) post alla The 4 Kind of entry , i dont understand The level 2,3,4 by looking to udine's image!
Thanks a lot! !!
  • #28,573
  • Mar 25, 2015 4:35am Mar 25, 2015 4:35am
Pls someone can tell me that levels ? I knew that i trade just .10 .20 .30 .40 ......90 . But what is that 4 level ? for example 149.00 149.25 149.50 149.75 you mean that 4 levels ?
  • #28,574
  • Mar 25, 2015 4:37am Mar 25, 2015 4:37am
Quoting PartySheeper
{quote} Dear Udine, I can't find a valid level 1 long EU trade this morning... Anyone?
Hi Party,

I could be wrong..in fact I'm wrong regularly...but anyway try this..

Attached Image (click to enlarge)
Click to Enlarge Name: EU1.jpg Size: 106 KB


Rapid
  • #28,575
  • Mar 25, 2015 4:37am Mar 25, 2015 4:37am
Quoting msdogan
Pls someone can tell me that levels ? I knew that i trade just .10 .20 .30 .40 ......90 . But what is that 4 level ? for example 149.00 149.25 149.50 149.75 you mean that 4 levels ?
please check this post
  • #28,576
  • Mar 25, 2015 4:38am Mar 25, 2015 4:38am
I am currently in EU and EJ Level 2 entry, any reason I shouldn't be? Trades look to be going bad...

Vlad
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 48 KB
  • #28,577
  • Mar 25, 2015 4:42am Mar 25, 2015 4:42am
Quoting Vlad13685
I am currently in EU and EJ Level 2 entry, any reason I shouldn't be? Trades look to be going bad... Vlad {image}
Me too...
  • #28,578
  • Mar 25, 2015 4:43am Mar 25, 2015 4:43am
Quoting Vlad13685
I am currently in EU and EJ Level 2 entry, any reason I shouldn't be? Trades look to be going bad... Vlad {image}
Both hit SL... -4% today

Any advice?

Thanks,

Vlad
  • #28,579
  • Mar 25, 2015 4:44am Mar 25, 2015 4:44am
Quoting Vlad13685
I am currently in EU and EJ Level 2 entry, any reason I shouldn't be? Trades look to be going bad... Vlad {image}
I did not place level 2 entries there because of the big wicks on candles since LO... but thats me.

Asmodai
  • #28,580
  • Mar 25, 2015 4:44am Mar 25, 2015 4:44am
Double trouble.
EU SL
EY SL
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