FXDD are now regulated by NFA.....finally

Don't you guys feel tired by roller costering of forex market everyday?

I am looking for metaquotes programmer, if anyone of you can write good mq4 program let me know. I need your help. Will pay you of course

Congrats sharli! You are holding 6 pairs right?

Sell more dell servers and storage...easily earn back:)

EU down down down

Just to share with those who trade standard account(big player) out there, MIG FX has now become MIG Bank, traders are now can trade FX backed by swiss bank security standards.

More info : http://www.migbank.com/

Merry Christmas guys.....

ibfx, i think ok

use MIG bank

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Added on December 28, 2009, 7:49 amNah, for me trading forex is boring..........

This post has been edited by bulkbiz: Dec 28 2009, 07:49 AM

MT4 sure don have, but I think oanda can view 3H chart.....



cheers

I use TT transfer, withdraw also TT transfer

Can, ibfx no minimum deposit, u can trade micro lot size.

want to get ur feet wet huh, good start! Make sure u learn from www.babypips.com/school first if you are new

u mean live account or demo account?

u open your live account first, then deposit your USD250.

You will not have this anymore....ibfx will provide you login username and password, all you need to do is click the "login" at bottom right(indicates your connection speed there) and login with the provided username and password. After login you will see your usd250

Short USD/CAD@10551---------floating +85pips
Short GBP/USD@16584---------floating +696pips
Short EUR/AUD@16214---------floating +155pips
Short EUR/JPY@12988-----------floating -201pips
Long USD/CHF@10277-----------floating +114pips
Short GBP/CHF@16586-----------floating +77pips

Total floating +926pips

Hi evoangel, BE only for those > 250pips.

Btw, I am position trader, used to be intraday and swing trader, but cannot profit consistently, some month made money, some month lost, by the end of the year, still lost....that is why I go for long term, hold trades for weeks and months, by the end of the year have positive ROI, that is good enough, for sure better than you put the cash in bank

Hi Jurne, great blog! Enjoy the part trading while travelling Keep up the good blog and of course happy trading in 2010

1k deposit should go for mini account. I assume you are using MT4, at the bottom you can see "balance", "equity", "margin" and "free margin". I copy and pasted this from other forum, I hope it helps.




Balance: this is what your account looks like with all trades closed out. this does not include open trades. this is not the number to go by when you talk about your account, run reports, etc. it's not very accurate unless you have no open trades, which at that point your equity and balance would be the same.

Equity:this is what your account looks like including open trades. this is the number you should look at when talking about your account or whatever. this is the most accurate number because it includes ALL trades.

Margin: the money that you put down in order to open a trade. think of it as the "safety deposit" that you put down to rent a seadoo or a motorcycle or whatever. when you open a trade for one lot, depending on your leverage, you have to put down a certain amount of money. for 100:1 leverage the margin is 1000 dollars for every lot. looking at your account, you are using a mini lot so for every mini lot you have open (.1 lots) you have to put down 100 dollars. Margin is a two edged sword. it can help and it can hurt. for your account, it's hurting. using margin you can use higher leverage which means you can control a larger amount of money, but you can also lose a massive amount of money. you also need to know about something called a "margin call" right now, you have 676.25 dollars in margin. once your account equity drops below 676.25 dollars, your broker will close out all of your trades to make sure you dont lose your margin. you do NOT want to get a margin call. sure, youll still have that $676, but youll have lost close to 3000.

Free Margin: the amount of margin you will be able to use. you are using $676.25 worth of margin at the moment. right now, you can only open 1069.55 dollars worth of margin without getting a margin call. this is 1.07 lots. so now you can only open 1.07 lots worth of trades. this is not a good position to be in. a quick thing to note, if your equity is greater than your balance, you'll have more free margin to work with. if equity is below balance, you'll have less free margin to work with.

Margin Level:this is your equity divided by your margin times 100 to make it a percent. this is pretty useless. it's just another pretty ratio. the main things you need to worry about are margin and free margin.

This post has been edited by bulkbiz: Dec 30 2009, 04:24 PM

You are the one!

95% of traders lost money, and 5% make money

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Added on December 30, 2009, 5:35 pmIt is ok to lost money....it is just the matter how long you will put your effort in forex trading...I guess most of them will give up less than 1 year.

This post has been edited by bulkbiz: Dec 30 2009, 05:35 PM