The time zone is CST (I'm in Texas) and yes it is a dangerous strategy that I don't recommend for newbies. I used 500:1 leverage which is not advisable for trading. I think 200:1 max is the most anyone should use.
My purpose for posting the trades was just to show it can be done. Thinking...
Obviously I am trading on a very large scale with high per pip trades. I look at support/resistance, use a proprietary software (can't divulge) that I've studied for about 1 1/2 years now and get a feel for the market before I make a trade. One of the main things is that I don't overtrade and I...
Last night I traded the cable again. I sold from @1.9645 to 1.9492 and made $382,500 @$2500 per pip.
Balance: 1 905 700.00
27060914 2008.06.17 04:12 sell 250.00 gbpusd 1.9645 1.9736 0.0000 2008.06.17 15:22 1.9492 0.00 0.00 0.00 382 500.00
Profit ratio is now 75.47% on 53 trades. If...
Here is the actual Detailed Report of my trading that I started on May 1st. Just want to show that it can be done. I took big risks but it worked. Keep in mind this was a demo account. Believe me - I wish it was real!
genghis
Deposit/Withdrawal: 50 000.00 0.00
Closed Trade P/L: 1...
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