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GulfCoastPip replied Jan 18, 2010If leverage is reduced to 10:1. Most will trade with less than 5:1 leverage. You still have to account for draw down or blow your account. With leverage now at 100:1, most trade with a lot less than 50:1 (more like 20, 25, or 30) to allow for draw ...
New Leverage rule for FX COMING?
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GulfCoastPip replied Jan 17, 2010To me it sounds like you're asking your teacher to do your home work.

TraCop-1%
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GulfCoastPip replied Jan 17, 2010Bullshit. What is possible or plausible for you is possible and probable for someone else. Deal with it.
Realistic Account Growth?
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GulfCoastPip replied Jan 17, 2010Patience. Patience is key in this business. Optimum setups take patience. Trading spot fx successfully takes patience to the extreme, as well as extreme discipline. If you think you have patience and discipline now, TIMES (X) that by 100...that's ...
Lack of practice in forex trading?
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GulfCoastPip replied Jan 17, 2010To early to tell for me. I'm more of a 5m, 15m, 30m, 1 hour trader. Looking for 20-50+ pip opportunities.
EURUSD
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GulfCoastPip replied Jan 17, 2010Magnum, For me it's about more government involvement in my life. It shouldn't be any of their business what I want to risk. All that should matter to the gov is how much money I made so they can tax the heck out of it. For the record, I never use ...
Help To Stop 10:1 Leverage
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GulfCoastPip replied Jan 17, 2010I seldom place a hard stop. Most of the time I have a mental stop. It can vary from a couple of pips to 20 or 30 pips. I also try and babysit every trade from start to finish. If I can't for some reason, I'll place a hard stop. Very rarely though.
successful trader without stop loss?
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GulfCoastPip replied Jan 17, 2010Scalp several times a day with little or no losses and you can double your account in a day without much risk per trade. MOST WILL NEVER DO THIS....BUT SOMEONE HAS. That's the point. You can't say that nobody hasn't and nobody ever will, that's just ...
Realistic Account Growth?
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GulfCoastPip replied Jan 17, 2010You're wrong, my post that you quoted is absolutely true. So you mean that NOBODY EVER has doubled their account plus in a day? I got news for you. As I said....MOST PEOPLE NEVER WILL BUT there are a few guys out there that have done it for a day, a ...
Realistic Account Growth?
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GulfCoastPip replied Jan 17, 2010So using your logic...should the government have a say in how much a gambler should spend or have in pocket before they enter a casino? Should the government say that if you gamble, you can risk no more than 10% of your gross income?
Help To Stop 10:1 Leverage
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GulfCoastPip replied Jan 17, 2010Nice try, but there's absolutely no relation to driving and trading. Here in the US you have to have a learners permit, then you get a driver's license. From there you have to renew your driver's license every X amount of years (depending on the ...
Help To Stop 10:1 Leverage
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GulfCoastPip replied Jan 17, 2010You can't protect people from themselves.
Help To Stop 10:1 Leverage
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GulfCoastPip replied Jan 17, 2010I have a friend that trades with Alpari-UK and he's happy. I've never used them though.
Changing Broker.. But which one ?
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GulfCoastPip replied Jan 17, 2010As a member of the NFA, regulations prevent Alpari UK from accepting US residents.
UK brokers not allowing U.S. customers?