jondoe

Re: When You First Entered The Forex World . . .

I used money I didn't need to live on. I didn't expect to loose it, and I haven't, but I definitely don't use money I need to pay the bills. Good money management is needed if you expect to earn any profit at all. If you put money to work expecting to loose it, you will.

Re: Scalping...is this a waste of time or can you....

Depends on the scalping method being used. Some scalping methods use large (>200 pip) stop losses. I believe these type of scalping methods are bogus. One loss wipes out weeks of profit. If you have a scalping method with a decent take profit/stop loss (efficiency) ratio, scalping works pretty well.

This all depends on your broker too. Bad spreads or execution will kill any scalping strategy.

Re: How many pips you gain per day?

Same for me 10 - 50.

Re: pronetfx?

I can't view the thread on volume yet :(, I don't have enough posts. I will have to work my way up, or someone could post a summary.

Anybody have any experience with PronetFX?

Yes the commission is a little high but the tick volume is good and the spread is always low, especially during the Asian session. I don't mind paying a higher commission for low spreads and a good tick volume.