scalping monster (By friedcatfish)
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scalping monster Discussion
Member Since Dec 15, 2010
795 posts
Member Since Dec 15, 2010
795 posts
Member Since Jan 01, 2013
14 posts
Jan 11, 2013 at 12:33
Member Since Jan 01, 2013
14 posts
@Professor53 thank you, and you are right -with small optimization a bad EA will have a good b/t result-
@AmberLynn thank you, i am learner
@AmberLynn thank you, i am learner
Member Since Jan 01, 2013
14 posts
Jan 14, 2013 at 20:01
Member Since Jan 01, 2013
14 posts
kayserili posted:
10 lots with $ 500 😭
With leverage 1:500 and lotsizing 10000 that is possible...
@AmberLynn see: https://www.myfxbook.com/members/friedcatfish/learn2trade/457082
but this account is dis-continued because my old PC is -dead- as its VGA card and some ICs are burning so I bought new PC today and unfortunnely all my account datas are gone..
Will made other one with other currency pairs..
My starting balance is always $500 as I'm not a rich guy so if i got this amount of money will created new real account, perhaps next year 🙄
Jan 14, 2013 at 20:12
Member Since Dec 04, 2012
241 posts
friedcatfish posted:kayserili posted:
10 lots with $ 500 😭
With leverage 1:500 and lotsizing 10000 that is possible...
@AmberLynn see: https://www.myfxbook.com/members/friedcatfish/learn2trade/457082
but this account is dis-continued because my old PC is -dead- as its VGA card and some ICs are burning so I bought new PC today and unfortunnely all my account datas are gone..
Will made other one with other currency pairs..
My starting balance is always $500 as I'm not a rich guy so if i got this amount of money will created new real account, perhaps next year 🙄
I am sorry Friedcatfish. There is no way possible that if you started with 500usd and a leverage of 500:1 that you could buy 10 lots. Think about it. 10 LOTS means your making 100 usd per point. Which means with a 5 point loss you would margin call. You would only be able to do that with 2000:1 leverage or HIGHER. :) That is why I said something was fishy about these stats.
Jan 14, 2013 at 20:13
Member Since Dec 04, 2012
241 posts
Member Since Jan 01, 2013
14 posts
Jan 15, 2013 at 07:06
Member Since Jan 01, 2013
14 posts
@AmberLynn ,
I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.
See: https://www.instaforex.com/specifications.php
So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.
In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD
If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.
I'm sorry I'm not using Exness as my EA's did not work well at their environment.
I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.
See: https://www.instaforex.com/specifications.php
So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.
In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD
If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.
I'm sorry I'm not using Exness as my EA's did not work well at their environment.
Member Since Jan 01, 2013
14 posts
Jan 15, 2013 at 07:06
Member Since Jan 01, 2013
14 posts
kayserili posted:
you started with $ 500
and your first position:
01.02.2012 00:03 01.02.2012 00:25 GBPUSD Buy 10.00 1.54050 1.55080 1.55050 1.55080 3.0 30.00 22m
is it ?
yes, you read it
kayserili posted:
your money management is so so so BAD ! ! !
because, you use s/l for 100 pips but after 52 pips your account is BOOMMM 😲
You right but I'm sorry I'm looking for money so I will do anything for it and withdraw it when I think it is quite enough for me; maybe 100% than I will withdraw it, got another 100% profit withdraw it again, again, again every month 😇
My demos goal is for train my trading intuition into the edge
Jan 15, 2013 at 11:01
Member Since Dec 04, 2012
241 posts
friedcatfish posted:
@AmberLynn ,
I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.
See: https://www.instaforex.com/specifications.php
So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.
In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD
If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.
I'm sorry I'm not using Exness as my EA's did not work well at their environment.
Ok I see. Thank you for taking the time to explain it to me. :) Best to withdraw everything you have profitted, since your system is so good. ;)
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