Review To recap: I had to take some heavy losses because I was simply overleveraged in my account. Tell it overconfidence. I left October still with a positive number so I'm still happy but not so happy about my overleveraging. Will try to avoid ...

$5k to infinite

Thanks guys! No worry, I continue right now just with a smaller account. Will start a new thread and let this one rest for a while...

From 10k to 1 million...

ahem... just a question but when exactly did the trend change? I see a long trend for several months now.

EURUSD

Trading without sl doesn't necessarily mean that you run into a margin call. It's still possible to close those trades manually. And if you trade low leverage (I know that isn't sexy ) you have enough time to decide without stress. Actually I ...

% Wins v Risk Reward?

No, you just can use a trailing stop if you want. Or use their API (which isn't cheap if you don't generate some volume).

Breakeven with Oanda

Woah there. Now that's interesting news, thanks for that! (Even though I'm not muslim and won't get such an account)

Oanda now has interest free accounts.

Thanks guys, very kind of you! I have some bad news (for me). I have to set this project on hold for a moment because I just need that money back for a while. So I can't proceed at the moment. Sorry for that. But I'll continue with a much lower ...

From 10k to 1 million...

That's correct, billflet!

Median Grid Trading

No. Please don't use that fixed period of time. It doesn't make any sense at all and was a bad example in the book. You need the real recent supports and resistances and 30 days might be too less.

Median Grid Trading

Good morning! Review Woah, there was some heavy action the last days and the dip in the currencies was a bit deeper than I expected but finally stopped at the 1.47 support in the Euro. I've been too much leveraged actually (again) and that's why I ...

From 10k to 1 million...

Yes. With that tiny type of account I would give Oanda a try, because there you can scale down to a single unit. Again: Check out Oanda.

Fundamentals vs Technical and my little question

Good morning! Review Ok, the 1.4850 support was blown away in the early NY session so I decided to book some losses to rebuild my longs around 1.48. I added a long in the EUR/GBP at 9044 and another long in the Aussie this morning after the drop at ...

From 10k to 1 million...

That's an absolute correct observation! Avoid that intraday noise. Tight stops are a real account killer. Just trade low leverage and give your trades some room to breath. I don't think so. Euro might go down to 1.45/46 and the ...

Fundamentals vs Technical and my little question

Check out Oanda's FxManager, you can try the game platform there if you like: url

Brokers and money managers

Just use the fundamentals to have the big picture. That's all. Buy the dips. Nothing fancy.

Is it possible for a non pro to make money with fundies?

Thanks and that is correct. I use both Oanda and Marketindex but for this project I use Oanda. Indeed, I use limit orders very rarely. I should use them more often it's just I'm too lazy to use them...

From 10k to 1 million...

Good morning Review Yesterday I wrote: We had a nice run the last weeks without almost any noticeable retracement. I'm a bit cautious now, especially for the Euro. ... For now I'm long with a 1:1 in the EUR/USD and will look for signs of weakness. ...

From 10k to 1 million...

Good morning Review Friday was a bit of a ranging day and I closed out everything right above 1.50 in the Euro and left no positions open into the weekend. Just to recap: Earnings came in mostly better than expected and that did light some fire ...

From 10k to 1 million...

Part 2 Picture 1 (sp500.jpg): The S&P. I don't like the spread but during bigger moves it's worth a trade. Many of the top traders from the US trade the Dax which repeats some patterns from time to time, followed by the S&P. Yes, the S&P sometimes ...

Central Banks & Big Players