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Negative balance anyone?

  • #1
  • First Post: Jun 3, 2016 8:13am Jun 3, 2016 8:13am
For the first time in 7 years I'm having a negative balance... HUGE gap on most pairs. Thanks God I lost just a couple $.
  • #2
  • Jun 3, 2016 9:27am Jun 3, 2016 9:27am
Quoting HeyYou
For the first time in 7 years I'm having a negative balance... HUGE gap on most pairs. Thanks God I lost just a couple $.
You have a negative balance after a 100-200 pip move? Dude gear your leverage down... I have 2-3% drawdown on the NFP moves this morning.
  • #3
  • Edited Jun 4, 2016 12:04am Jun 3, 2016 9:35am | Edited Jun 4, 2016 12:04am
Quoting Sis.yphus
{quote} You have a negative balance after a 100-200 pip move? Dude gear your leverage down... I have 2-3% drawdown on the NFP moves this morning.
Yep I was using 1:500... you only need 32 pips to reach 0 and the gap was about 80 pips.
  • #4
  • Last Post: Jun 3, 2016 9:36am Jun 3, 2016 9:36am
Quoting HeyYou
{quote} Yep I was using 1:500... you only need 32 pips to reach 0
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