Trading after work 7pm-12am GMT

This is a discussion on Trading after work 7pm-12am GMT within the Forex First Steps forums, part of the Forex Discussion category; Just reread what you posted. You don't trade long term fx . My bad....

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john999 started this thread Just reread what you posted. You don't trade long term fx. My bad.
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Thanks. How much capital must one risk to trade the e-minis? I have read some tech books, but these were on forex. I guess similar theory applies. Also are there any emini free demo accs? Also, from what you said it implied you trade forex but on a longer term strategy, am I right?
No I dont even look at forex any more, it was a disaster for me.

I think the minimum account size to trade the e minis is $5000. One contract (like 1 forex lot) is worth $12.50 per tick (like a forex pip) so quite high leverage, I trade with an 8 tick stoploss every trade so risking $100 per trade only.

I have tradestation but I would imagine that nearly all the brokers/charting packages will have a demo mode. Tradestation fees are quite high so there is probably a cheaper solution out there. Have a look at North Finance, they do a free demo with live data but I'm not sure if they have the e minis or not.
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No I dont even look at forex any more, it was a disaster for me.

I think the minimum account size to trade the e minis is $5000. One contract (like 1 forex lot) is worth $12.50 per tick (like a forex pip) so quite high leverage, I trade with an 8 tick stoploss every trade so risking $100 per trade only.

I have tradestation but I would imagine that nearly all the brokers/charting packages will have a demo mode. Tradestation fees are quite high so there is probably a cheaper solution out there. Have a look at North Finance, they do a free demo with live data but I'm not sure if they have the e minis or not.
Thanks for the advice. I will look into it. Do you have any resources to read - I am a noob to this game.
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Thanks for the advice. I will look into it. Do you have any resources to read - I am a noob to this game.
E-Mini (Stock Index Futures)

Futures Fundamentals: Introduction

Support & Resistance Basics

james16 Chart Thread - Forex Factory though this one is a bit long, just read about PIN bars and nothing else.

MetaTrader 4 Client Terminal appears to offer e mini S&P, free demo

Last edited by pboyles; Jun 7, 2009 at 3:03pm.
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E-Mini (Stock Index Futures)

Futures Fundamentals: Introduction

Support & Resistance Basics

james16 Chart Thread - Forex Factory though this one is a bit long, just read about PIN bars and nothing else.

MetaTrader 4 Client Terminal appears to offer e mini S&P, free demo
Many thanks for that. I am OK with the basic theory etc, (just took level one CFA yesterday - told myself must do something useful after the exam, as I dont get to use my brain as much as i'd like at work) its just how to develop a strategy / what strategy to use that I need help on. I mean did you try your own strategies when you started or use one that was recommended on the boards?
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john999 started this thread Also that meta trader link - seems to be dodgy, when I go on free demo it takes me here: https://www.fxpro.com/demo-account/practiceaccount (Is this a recognised firm, the head office seems to be in cyprus somewhere)
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This should be the Met trader 4 demo account that North Finance provide
MetaTrader 4 Client Terminal

just click on the download and off you go.
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This should be the Met trader 4 demo account that North Finance provide
MetaTrader 4 Client Terminal

just click on the download and off you go.
Thanks - still says I need to give details to access server. Dont trust this firm - google suggests it is a scam/bucket house.
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