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Norman1 replied Nov 9, 200712:16 GBP/USD: Stop-Loss City Accompanied Barclays Share Suspension London, November 9. News of the temporary suspension of trade in Barclays shares (Bloomberg) is being touted as the catalyst for cable"s sell stop-driven slump to a low of 2.0963, ...
Cable Update (GBPUSD)
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Norman1 replied Nov 9, 2007maybe??? — 11:53 GBP/USD: Weighed Down by GBP 10bn UK Clearer Write-Down Rumour London, November 9. Speculation of a possible GBP 10bn write-down from a UK clearer is being touted as a factor in cable"s sell stop-driven drop to a low of ...
Cable Update (GBPUSD)
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Norman1 replied Oct 29, 2007no need to apologise...I just thought I was missing some special secret of trading, especially seeing that Merlin had made the same point earlier in the thread...You had me excited for a minute there!!
How many pips does a "successful" trader collect weekly?
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Norman1 replied Oct 29, 2007I am somewhat mathematically challenged, so I have to ask, How does 1% return per week (compounded) translate in to 100% per year? I always thought it would translate in to about 66% a year. I'd be interested to learn how this is done. Thanks
How many pips does a "successful" trader collect weekly?
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Norman1 replied Oct 22, 2007I don't have a problem with people asking me what returns I make in terms of a percentage. If someone was to ask me for a $$$ figure, then yes I agree this would be inpolite. Giving out my average percent return really doesn't tell people much at ...
Who here is making money?
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Norman1 replied Oct 19, 2007Couldn't agree more with you, Clockwork. Nice post, I hope many read it.
Please help james16 group
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Norman1 replied Oct 18, 2007My yearly return usually lands somewhere between 40-60%..
Who here is making money?
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Norman1 replied Oct 18, 2007I always thought that the main idea of trading price action was to not have any indicators on your charts...
Please help james16 group
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Norman1 replied Oct 8, 2007Precurser, Go back to a demo...When you have doubled your demo account balance go back and trade micro lots... At least then you will have restored confidence in your system.
1000 to 150 in 2 weeks..
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Norman1 replied Oct 8, 2007Hi bluefox, Are you asking how to know whether or not you are in a range? or are you asking how to identify the top and bottom of a range? If you are asking to know whether or not you are in a range, you have to look at the price action and ask ...
Trading Ranges and Breakout Probability
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Norman1 replied Sep 28, 2007Brokers that I have traded with still only require a margin of $1000 on the GBP/USD with 100:1 leverage. What broker are you with Atomic? Some brokers like FXCM have it all spelt out on the platform...You could open a demo with them and it might ...
Account liquidation
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Norman1 replied Sep 28, 2007ok, margin is the amount of $$$ that your broker requires to maintain a trade. The amount of margin required by the broker is determined by the leverage. Some brokers offer 400:1 some 100:1 or less... If your leverage is 100:1 you will need $1,000 ...
Account liquidation
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Norman1 replied Sep 28, 2007UK housing — Allserene, If you haven't already posted it, I would be interested in your thoughts on the UK housing figures that were reported yesterday: 3:30pm GBPNationwide House Prices m/m image 0.7% 0.3%0.6% As you can see it shows another ...
Cable Update (GBPUSD)
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Norman1 replied Sep 28, 2007If I understand you correctly, you mean to ask at what point your broker will close your trades for you??? This depends on what leverage you are trading....Your broker will make a margin call when you no longer have the necessary margin to cover ...
Account liquidation
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Norman1 replied Sep 18, 2007Matouya, You must've had a reason for placing the trade in the first place (probability??) Does this reason still exist now? If not close the trade and stop the pain...Live to fight another day... If you find yourself posting for advice on whether ...
Cable Update (GBPUSD)
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Norman1 replied Sep 4, 2007I wouldn't have the ability to loan as much as I manage. Plus there would be a deposit or security required. I used my credit to put a roof over my head...
Who here manages other people's money?