1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How much profits do you expect to get back from a USD20,000 trading account?

Discussion in 'General Forex Talk' started by RahmanSL, Jul 27, 2013.

  1. RahmanSL

    RahmanSL Major

    Joined:
    Jan 16, 2010
    Messages:
    2,526
    Likes Received:
    217
    I think I will play the USD/JPY today taking longs on dips....see how long the Japanese will wait before intervening to curb stronger Yen.
     
  2. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,679
    Likes Received:
    2,228
    They'll intervene just after you open a large position. :p
     
  3. RahmanSL

    RahmanSL Major

    Joined:
    Jan 16, 2010
    Messages:
    2,526
    Likes Received:
    217
    No large positions for me....max 0.1 .....and occasional 1.0 which were entered in error but immediately closed out when in profit:p
    Opening & closing weaker positions as they go into profits and keeping those stronger positions for the ride up to 100.00:)
    There have been a numbers of false upward movements with sharp falls.....most probably to take out SL positions......I believe it will soon shoot up to the 98.5 levels and possibly further up. We shall see!


    Trying very hard not to over trade.....focusing on & looking forward to those concubines bonus after 3-12 months of "successful" trading :cool:
     
    #43 RahmanSL, Aug 5, 2013
    Last edited: Aug 5, 2013
  4. RahmanSL

    RahmanSL Major

    Joined:
    Jan 16, 2010
    Messages:
    2,526
    Likes Received:
    217
    Uploaded USD2,333 by credit card into Skrill account and redistributed USD1,100 into AxiTrader account (now USD10,633), USD1,100 into ICMarkets account (which is now over USD2,227) and left USD233 in Skrill....cost me more than USD60 in fees both by Skrill & AxiTrader, and ICMarkets...or whoever is charging me:(
    Another account with Exness with just over USD1k......playing USD/TRY and any reasonably good setups on exotic pairs.


    Made around 4-5% profits during Asian & into European session.....now out of ideas to play market :( ....scalping small long positions on USD/JPY pair on the dips.

    Anybody have any good ideas & suggestion??
     
  5. forex-amplified

    forex-amplified Private

    Joined:
    Aug 4, 2013
    Messages:
    26
    Likes Received:
    0
    I Think about 5~7K $ in Week :)
     
  6. RahmanSL

    RahmanSL Major

    Joined:
    Jan 16, 2010
    Messages:
    2,526
    Likes Received:
    217
    .....hmmmmmm....Why not!:cool:...Just do that on a USD100k account which will be a mere 5% (approx) per week:p
     
  7. willforex

    willforex Corporal

    Joined:
    Feb 8, 2013
    Messages:
    183
    Likes Received:
    1
    Transfer fees are too high. I never paid any additional amount during deposits.
     
  8. RahmanSL

    RahmanSL Major

    Joined:
    Jan 16, 2010
    Messages:
    2,526
    Likes Received:
    217

    Yes, 101% agree...but, that's the price to pay for impatience people like me if require instant funding by credit card :(

    Anywhere, I normally make back the fees within a few hours of trading by scalping like mad:cool:
     
  9. LoRio

    LoRio Sergeant

    Joined:
    Jul 12, 2013
    Messages:
    479
    Likes Received:
    17
    I advise you to separate your fun account from your main account.Besides , if your entry points are reversals , or Ranger limits , with less risk you will not worry that much.

    If you had a bigger amount , and Silver was stable , i'd advise you to "bake" a "swap cookie" .
     
  10. RahmanSL

    RahmanSL Major

    Joined:
    Jan 16, 2010
    Messages:
    2,526
    Likes Received:
    217
    Yes, separating "fun" account (Exness) from main account is good advice and is taken;) .........and this morning I woke up to discover that "fun" account is dead/wiped out/kaput/KO overnight by EUR/ZAR spiked up to the heavens :(
    I made the grave mistake of having too many "pending orders" which were taken by that spike and the account size just couldn't handle the losses even though leverage was at 1:1000

    Main account (AxiTrader) and secondary account (ICMarkets) are doing good and maintaining steady profits.

    I don't play silver & gold much these days because I have lost a few accounts trading these two commodities.


    "bake" a "swap cookie"? What do you mean by that??:confused:
     

Share This Page