That is pretty disturbing... what other brokers is he looking at?

InterbankFX

I doubt they would mess with a little guy like me... but I had an ~85% accuracy rate on three demo accounts averaging 2% return daily and it seems like all I make is wrong trades now that I'm live on my micro account Could just be the market is ...

InterbankFX

At what level would it be a good idea to ditch them in your opinion? I started a little micro account with $500 at the moment.

InterbankFX

Could you explain further? I started a small account with them recently.

InterbankFX

Very interested. I too have a similar chart laid out to go from 5000 to 400,000 in one year and on to over 25 million by the end of the second year. I was able to follow the chart for the duration of a practice account on two occasions thusfar... so ...

Experiment: $100 to $1,000,000 USD in 155 Steps

Thanks for the great tips! Much appreciated to have other views.

Realtime Forex TraderTip

This practice account expired on day 21 at $7298 total, for a gain of $2298 or an average of $109 per day which was right on target with my goals. My last trade was a large one, a short on USD/JPY with a gain of 29 pips using 40% of my position. ...

Newbie Experiences in Forex

I should be more clear. I aim for 5 - 6 pips after the spread is figured in, sorry for the confusion. So far after 18 days my $5,000 demo account is up to $7,169 with an accurancy of 88.5% of my total trades. As you can determine by my riks/reward ...

No Stop Losses!!!

I tend to use 15 pip stop losses on my trades and I live in 1 min - 30 min charts... I use 30 min to make sure I'm somewhat in reality and then hone in where to enter by going down farther and farther to 1 min charts. I aim for 5 to 6 pip gains per ...

No Stop Losses!!!

Thanks all for the great information. I won't be making trades this large anytime soon but I expect to be doing some fairly large trading in the next few years. You have all certainly set me straight about the possibility of my trades changing the ...

LARGE Trades?

I'm really not sure either. I'd really like to know at what point one reaches a level whereby their order can alter the market price.

LARGE Trades?

url Despite having recently taken the largest loss in my current practice account history my account is sitting at +$1552.35 from the start, making my average a little over $100 per day so I'm right on target. If you look back at ticket #1839904 I ...

Newbie Experiences in Forex

I cannot seem to master setting a stop loss... I got into EUR/JPY short last night @ 143.56 and set my TP to 143.46 based on the 4H chart indications of it reaching the top of a rising wave, basically a small pip gain swing trade attempt. Well I set ...

Newbie Experiences in Forex

Practice account sits at $6767.23 as of now, making my average $135.94 per day if I don't make any trades tonight. Since my last post I made the following: GBP/USD : +5 pips, 2 lots @ $100.00 gain AUD/USD : +5 pips, 1 lot @ $50.00 gain EUR/JPY: +2 ...

Newbie Experiences in Forex

Hmmm. I didn't make a mistake at first after all, I had a long day yesterday. It was, in fact, $103 per day. Last night I hopped into USD/JPY at 113.79, too early I might add, but I did manage to grab a 15 pip gain. I wasn't actually at my computer ...

Newbie Experiences in Forex

I made a typing mistake... my average is actually almost $130 a day and not $103 per day as I typed (I'm sure everyone already noticed my mistake!).

Newbie Experiences in Forex

I will preface this post with a thanks to you guys. I have learned a HUGE amount of information from this forum that I doubt I could have anywhere else. My demo account is working out wonderfully so far. Since my last post I started out with a GIANT ...

Newbie Experiences in Forex

Scott, Thanks for the tip. I will keep my eye on the charts and see what I can make of it. At the current time I seem to lose hard at many of the times of higher volume Perhaps I just have alot to learn!

Newbie Experiences in Forex

I'm setting conservative goals to begine with... I'm doing a practice account and trying to average $100 per day (5 day weeks, $500 / week) until I have saved up a real life sum of at least $2,000 (probably 12 - 16 weeks) to give it a go. If I ...

Is it Possible to Make Money in Forex Market