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Basic Question about Leverage and Money
Started Jan 23, 2011|Rookie Talk|16 replies
Let's say I have $2250 in my account. I went short eurusd 1.35 with 1:50 leverage, 0.10 lot. ...
I'm new here, well, new to this topic. I couldn't go through 1000+ pages but I did went through the first 10-12 pages and I must thank Feb for explaining everything so nicely. So, thank you.
This move is so f**king unbelievable. 400 pips already within 3 hours and still moving up!!
Looks like US has done a terrific job trying to take Euro down posting f**ked up figures.
Closed at 1.5936 for around 27 pips and I'm done for now.
Thanks, I closed short at BE and went long at the same price for a quick scalp. Currently at +16, I moved SL to BE and hoping to get another 15-20 pips before I close it. Or else, I'll end up with nothing. Either way, it's good enough. ![]()
Went short at 1.5909 with 20 pips SL and I'm stuck! ![]()
After having missed all those movements, I went short at 113.84. Maybe I wasn't thinking straight.
It might work but seeing recent development I'd rather prefer to go long near 1329.
Looks like no one trades this pair much around here. Anyway, I'm short at 0.9997. Let's see how it turns out.
Sorry I didn't notice your post for I don't know why. It explains everything I need to know.
I have no such plan, I'm only looking to find out when my account blows given I don't close a trade.
Sorry I meant long. And thanks. Actually what I meant was: If I go long at 1.35, having $2250 in my account using 1:50 leverage, at what rate my account will blow?
Let's say I have $2250 in my account. I went short eurusd 1.35 with 1:50 leverage, 0.10 lot. ...