Bad day yesterday. I've drawn a line in the sand. Reached my critical first minus of 10%. Not good. The cost-benefit ratio is horrible. I still think this will work in the long run but who knows? So for now I will trade a bit smaller and ...

From 10k to 1 million...

Thanks, pinchapip! Good trades to you as well. I know this isn't the holy grail, not even the best strategy, that's for sure... We'll see how it ends.

From 10k to 1 million...

Pinchapip, thanks for your posting, I appreciate it. I'm neither experienced nor successful. I'm still confident that it will be profitable.

From 10k to 1 million...

Good morning. I'm back at the desk (I was sick)... Current account: image Last transactions: image

From 10k to 1 million...

Ugh... I did a very very stupid calculation error in my backtests, so forget about that new stuff. Inside bars will fight back.

From 10k to 1 million...

So what's your point pinchapip? Shall I post every time the platform just runs fine? In that case this thread would be the longest in this forum. I know not a single broker nor ECN who hasn't some problems from time to time. The question is: Can ...

OANDA Discussion

Bah Tjpld! Spielverderber! 1000:1 _is_ needed. You can't trade with lower leverage!1! But ok, just kidding. 1:1 would be a bit too less I guess, but everything above 10:1 would be more than enough for most traders with real accounts.

Leverage Limitation for Retail Forex

Hmm... even 25:1 is more than enough to blow a newbies' account within minutes...

Leverage Limitation for Retail Forex

Actually it is free if you have a trading volume of 12 mio at least. 12 mio are 120 lots per month. Otherwise you could use FXSpyder which cost only 1/4 pip per transaction.

Scalping

Transactions from friday: image

From 10k to 1 million...

Sure. The new strategy is simpler than the original one: Take the 30m candle at 8:00 GMT (so the candle from 800-830) and place an order above and below (like with the IB method). That's all. Pairs to trade: EUR/USD, EUR/CHF, GBP/USD, GBP/JPY. Other ...

From 10k to 1 million...

Thanks guys, very kind of you! This inside bar breakout trading is very time consuming and a bit distracting regarding my daily job. In a search for something better I'll use now something more simplier - still breakouts but not with the need to ...

From 10k to 1 million...

For scalping I'd recommend Oanda, even though some people will probably try to kill me now.

Scalping

My first advice would be to look for another broker. 5 pips spread are horrible, at least for the majors.

Scalping

So you prefer bucket shops which have a great looking flash featured website? Withdrawals are fast and always done without any problems. They take usually 1-2 days.

Alpari.co.uk Discussion

Per default your account is at 100:1. You can request 500:1 easily via eMail - but only if your account size is <$5,000. At the moment you get a deposit bonus of 10%: url

Alpari.co.uk Discussion

Thanks Kiwi for your nice words, I really appreciate it. It's always annoying to start with a drawdown... :/

From 10k to 1 million...

Ok, the first month is over, I'm down 8%. Not a nice feeling. The main reason is not the approach itself but my foolish tries in money management. For now I stick to my plain simple fixed risk approach and I will drop the USD/CHF from my list. It ...

From 10k to 1 million...

Transactions from yesterday: image

From 10k to 1 million...

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From 10k to 1 million...