no, time will reveal, at any given time I never let my strategy stray from 2 or 3 pips. And I will win the market 10 times or more in a row 2 or 3 pips before I lose 2 or 3 pips. given these factors my account grows... You have to trust me I'm ...

Get millions or commit suicide!

I will be compounding 5% of my account on every trade with an additional $300 every 2 weeks from my pay check to boost my compounding factor. I'll keep all posted once my account is opened. Live or die, lets do it. Be bold.. Mike

Get millions or commit suicide!

I have been doing this on mini accounts, you saw the 41 trades I posted.. but then again many believe thats not enough, I continue to take the market for 2, 3, 4 pips at a time consistantly. I think since you all are trying to take 20 pips plus a ...

Get millions or commit suicide!

Thank you all, FigiTrader took some time outta his busy day to answer a phone call. He explained to me the workings of leverage and I wrote it all down, now with his notes and re-reading the replys on this thread I'm seeing how calulating risk will ...

Question for Dialist and everyone else

Going this route what would your pips be worth? thanks... please add anything else that would determine yuor pip value. as I'm still trying to grasp this concept Mike...

Get millions or commit suicide!

Yes! this is what I'm saying higher leverage will get you more and you only risk a little? the only way you lose is if you dont have your stops placed....... arrrrrgh I'm getting fustrated with myself... so here its cool, in the event of your ...

Get millions or commit suicide!

electric savant Hop onto Yahoo messenger My screen name is Gyva02 Thanks.

Question for Dialist and everyone else

I need to call one of you guys.. PM a number.. lol Thanks... In a nut shell I want my pips to be worth as much as they can be without having to throw up $1000's in margin I want my margin small, pips worth a ton, and I'll set my stops if the market ...

Question for Dialist and everyone else

I dont see how you lose more, the margin was $1500 cheaper. The only way I see you lose money is with less money you bought more units and with that your pips are woth more and in the even of the market going the wrong way the more valuble pips ...

Question for Dialist and everyone else

I think I get it! ok leverage does not make pip value more, it allows you to buy more units with less money thus if a margin call was made you lose less. SO. At 50:1 you can buy 50,000 units (eur/usd) for $1000 or 25,000 units for $500 or 12,500 ...

Question for Dialist and everyone else

My oanda platform is really confusing me, Ok I set the leverage at 50:1 I buy a 100,000 lot and it uses $2394.48 for margin and get me $10.00 a pip....... Now I change my leverage to 20:1 make the same order it uses (after other order was closed) ...

Question for Dialist and everyone else

Can someone do an example of a 10,000 lot, 20:1 trade gone bad 10 pips and a 50:1 trade gone bad the same 10 pips, whats the numbers if the trades had a TP at 10 pips... Once i see this I will understand fully (I hope) Thanks Guys.... Mike...

Question for Dialist and everyone else

Well with the higher leverage say... oh $100 pips, for every pip in the wrong direction your margin equity will be subtracted $100 for every pip so if you guess 10 pips wrong your losing $1000 plus your intial margin for the lot. what would that be ...

Question for Dialist and everyone else

I'm seeing the at the end of the Oanda tunnel, pip spreads are tighter, they pay you credits, no margin calls, but man I wish they had another platform, maybe keep the crappy java one for folks with slow connections, but I want a trailing stop and a ...

OandA or Interbank FX for 1st live acct

Ya I've tried the online help feture, everytime I use it the chat box freezes and then wont respond, when I ctl alt delete to remove the box it shuts all Oanda windows down... Your right though I need to read there website some more....thanks... ...

Default Bounds, whats this

I'm not understanding, what does tough opponent mean? thanks Mike

Oanda platform driving me nuts!

Ya I love help, who doesn't. Keep it coming. I would like to know what other platforms are out there. Can anyone give me a list of potential platforms so I can shop around a bit. The fact that Oanda doesnt have a trailing stop feature really makes ...

Oanda platform driving me nuts!