That is very true. People just need to be careful, as not all are legitimate (see Jacko thread). Funny thing about investing: no matter how you do it, there is always some amount of risk.

How do I make millions trading Forex?

Hedge Funds typically far outpace Mutual Funds in % returns, as well they should. They do not fall under the same regulations as a Mutual Fund, and they have many more invesment options available to them. Hedge Funds are not normally compared to the ...

How do I make millions trading Forex?

Exactly!! I have found that by looking at the smaller picture, my motivation stays very high. I make $400 per month, well, that's like having a free car. Add an additional $250 per month, that's a free boat. Add another $1200 and you got a free ...

How do I make millions trading Forex?

I think it depends on your definitions of things: 10% return on the margin required for the trade (what is actually invested) is what most people actually mean, rather than 10% or what you have in your account. You can have $100K in your account but ...

Good returns realistic by trading with higher time frames?

Technically, that is true, but you also have to look at probability. If you do your due diligence on the purchase of real estate, the chances of losing money, while still there, is very low. Do your proper research on stocks (and underlying ...

Risk vs Reward

Unfortunately, many brokers now require "First In/First Out", which means if you bought the car (position) last week and another car (position) yesterday, if you only sold one of the cars (positions) it would be the one you bought last week....which ...

no regulations stopping US residents from opening offshore accounts

Back when US citizens could trade 400:1, I would trade 10-20 full size lots, sometimes more if the trade was a good one. But I trade aggressively and have a lot of confidence in my trades. It is certainly an individual thing, based on experience, ...

how many lots on a 35k acc

Leverage (400:1 or 2:1) has nothing to do with the actual trade...it just dictates the number of lots you are able to purchase based on your account size. Lots of people think that the amount of leverage used is "good" or "bad", but in and of ...

Is high leverage really bad for traders?

The aim should be to grow your account, but differences such as trading mini lots versus full lots, to grow the account by a specific amount requires much different pip amounts...and possibly a different strategy. So looking at both aspects (pips ...

How many trade Forex, fulltime, for a living?

That is not true...I have traded with GFT for several years now, all short term (usually less than 30 minutes) trades and have been very profitable. I am not a huge size trader, but I trade 5-50 full size lots at a time with no issues. The spreads ...

GFT Forex Discussion

If you are comparing the two, the number of winning and losing trades should be the same for an accurate comparison.

Risk Reward: 1:1, 1:2 or 1:3

I think there may be a slight misconception of how margin affects an account....but like you said, I don't even know why I care so much any more, since we are limited to 50:1 now anyway. Good trading.....

The 5% success myth busted by CFTC

Lots of traders take advantage of the higher leverage to increase their buying power (to be able to purchase more lots for a smaller account balance). I am placing the same trades I was a month ago, only now I have to keep 8 time more in my acount ...

The 5% success myth busted by CFTC

I agree, it would be nice if it was broken down into specifics so you could compare apples-to-apples, but that probably won't happen, because normally business only do the work to report what is required rather than spending resources to go above ...

The 5% success myth busted by CFTC

Perhaps you mis-wrote, because that would mean to trade 5 lots of EUR/USD, you actually need something over $500,000 in your account to do that...and to make 15% of $500K, that's roughly 1500 pips (300 pips per lot). Actually, the leverage has ...

My 30 pips Daily and my 45% Weekly Journal

What is your degree in?

Venture Capital?

[quote=sergiu;4098098]If you know what you are doing, and know how to manage risk exposure properly, then the 50:1 leverage is all you need. But, if instead of focusing on how to trade, you prefer to cry all over the forum, about how the CFTC killed ...

Account size

Hats off to you for your candid honesty...I respect that! Good trading to you...

James16 is not credible

Is the name calling really necessary just because you don't agree with someone? So what if I thought a quote from an old textbook was interesting? Here is another observation: I think that the anonymousness of the web has deteriorated many people's ...

James16 is not credible

Excerpt of The Evolutionary Psychology of Envy (Sarah E. Hill and David M. Buss) "Researchers have shown that envy-produced hostility typically manifests itself in indirect ways, such as derogation of the envied person to a third party (Salovey & ...

James16 is not credible