gavros777

Re: Help me understand forex.

 

Don't enter 2 lots with only 200$ balance... go with mini or micro lots :-bd

 

Barbara

Thanks Barbara, do you know by the way the difference from balance/equity and margin/free margin?

Re: Globalism the death of Forex trading?

 

Try this: http://www.bloomberg.com/apps/news?pid=20601087&sid=aeFVNYQpByU4

You can google world new currency, it's all over the place. :(

So couple months ago i traded on a live account with $200.The leverage was 1:100 and 5 times i was kicked out of the trades.My question is why i was kicked out.I know it wasn't the broker because it just $200, if i was them i wouldn't wasted my time on me but on the big fishes.Now this is how i traded.I sell the eur/usd by opening 2 lots at the same time and when the market was going against me i got kicked out.I still had $67 after i got kicked out and then the market moved in my favor but it was too late.Also one more question, what's the difference from balance/equity and margin/free margin? :( Thanks in advance for helping out.

So i watch the news and i see that in the near future all countries will use the same currency etc.Will that bring the end to forex trading since there will be only one currency.That will suck but then again we might get in contact with aliens and start trading with their currency.Forex trading will not die! 8-)

Re: The 5 Phases of a Forex Trader

 

I think even when you get to the last stage, you still learning, there's always more to learn.

Re: Help starting with Forex

 

My advice in forex always play money that you afford to loose.I've seen a lot of people putting all their savings in forex trading and get burned.