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GulfCoastPip replied Jul 28, 2010Oanda uses units. You can trade with 1 unit if you wish. 100,000 units is one standard lot or $10 a pip on EU. You can manage your capital by logging into your money management control panel.
Oanda, difference btw units and lots?
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GulfCoastPip replied Jul 28, 2010Forexings is correct. However, if you're trading demo or just using MT4 for charting and live trading on another platform you can download the FXDD demo, it's 4 digits.
EURUSD
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GulfCoastPip replied Jul 27, 2010Have your pops open up a live account with 20% of his annual salary. Trade it using his method for 2000+ live trades. When you do that I'd like to know your return.
Believe me, the difference in demo trading and live trading is like: Demo - you ...38 consecutive wins, 0 losses = win?
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GulfCoastPip replied Jul 27, 2010If you're trading on the lower time frames, there's definitely some decent moves during Sydney & Tokyo. Not all of the time though. Low volatility can definitely slow you down a bit on the lower time frames. Sometimes I go days without a trade, ...
Best time to trade
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GulfCoastPip replied Jul 26, 2010As long as you're not just pulling the trigger to pull the trigger, discretionary trading is fine. When you get right down to it, discretionary trading is nothing more than using your own judgment, rules or ability to decide (discretion). So ...
Is having a defined trading system so important??
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GulfCoastPip replied Jul 25, 2010Here's what I posted earlier — Here's the link to one I posted. Cool song. url
Billion Dollar Day - Documentary 1986
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GulfCoastPip replied Jul 24, 2010Alright Jim, the floors yours for the time being.
I'll turn my ears off. I still stand by my comments though. EURUSD
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GulfCoastPip replied Jul 24, 2010Jim, with all due respect it's pretty safe stating to scale in at .01. IMHO, if you're scaling in on a 15m or less time frame you need to re-evaluate your trading method. I don't have anything against scaling in on longer time frames.
EURUSD
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GulfCoastPip replied Jul 24, 2010Sounds like your account expired. Go to File > Open An Account and you can create another demo account. Hope that helps. --GulfCoastPip
MT4 - Invalid account
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GulfCoastPip replied Jul 23, 2010Some brokers close early. As an example: OandA opens and closes with the market. FXDD on the other hand opens an hour later and closes an hour early.
EURUSD
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GulfCoastPip replied Jul 23, 2010VAT's been talked about too! Tax and spend. Spend more and tax.
ATTN: US Traders Currency Transaction Tax Bill Introduced in House
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GulfCoastPip replied Jul 23, 2010At least you're not trying to hide it, if you were then you'd probably be up to no good.

EURUSD
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GulfCoastPip replied Jul 23, 2010I don't remember who it was, but I believe at one time somebody created a new account using a different network / ip address (ex: home VS work). This could be your work around. If it doesn't work, just plead your case at that time. Just make sure ...
EURUSD
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GulfCoastPip replied Jul 22, 2010Unfortunately there's not such a tool for Mt4. EDIT: I did just find and install this tool. You might want to check it out, it's called Screen Pen url There's a free version too. EDIT 2: Screen Pen isn't all that user friendly on Windows 7. It ...
EURUSD
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GulfCoastPip replied Jul 21, 2010That isn't true. It doesn't matter if you're trading a 1 minute chart or a monthly chart your risk doesn't have to increase.
Biggest drawdown you have experienced turn into profit?
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GulfCoastPip replied Jul 21, 201099.9% of the time if someone is selling educational trading courses, signals, newsletters, EAs, trading systems, etc .... they're making a helluva lot more selling the crap than they are trading. Even if they never sell any education material ... ...
How legal is giving forex advice?
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GulfCoastPip replied Jul 20, 2010Extension of Benefits for the Jobless Clears Senate Hurdle url .... On a 60-to-40 vote, the Democratic-led Senate agreed to cut off debate on the $34 billion plan to distribute added unemployment compensation through November for those who have ...
EURUSD
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GulfCoastPip replied Jul 18, 2010Be careful with any #broker that uses GoDaddy as their host. Especially when they have more than one domain on that server, and are using a SSL Cert that is expired. Not only that, but the ssl certificate is for a jewelry company.
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