Recent content by nickohorny

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    Anyone trading Forex in Thailand

    Hi everyone, I am just wondering if anyone ever shared contacts and ideas via here? I am a native English man, now living in Bangkok, I am still a newbie trader to forex and only in demo, I am still learning and banging my head on new things and strategies all of the time. I am looking for...
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    Traders in Bangkok ?

    Hi everyone, I realise this thread is very old, and not active much. However I am just wondering if anyone ever met up or shared contacts? I am a native English man, now living in Bangkok, I am still a newbie trader to forex in demo, and still learning and banging my head on new things all of...
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    leverage!

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    leverage!

    Yes thanks, that's what I was thinking, why on earth would you want to trade with such huge position sizes and risk losing a whack of your account.
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    leverage!

    I see thanks guys.. leveage is dependant on current exchange rate. One last thing - why would you use the leveage? I mean if i was to have a $1,000 account, and wanted to be conservative and just risk 2% a trade as advised by most, And say my trade had a 10 pip stop, then my position size...
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    leverage!

    Hi, newbie here trying to understand more on leverage. If I was to have a $1,000 account wtith 100:1 leverage does this then mean I can actually trade a maximum of 1 standard lot or 10 min lots? 1,000 x 100 = 100,000 1 standard lot = 100,000 1 mini lot = 10,000 Please let me know if I am on...
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    Losing more than starting capital

    Hi - I am back, been on holiday... :) Sorry but I have to question the gap scenario intra-day please... Gecko, your example regarding going 'over' over my stop and cutting out the 92 level completely and then trading lower - what would essentially happen then if it blew past this stop? the stop...
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    Losing more than starting capital

    Thanks...Right, think I get u, let me give an example of market i know of - ok let's say I am simply trading just intraday - on emini s&p 500, which is $12.50 per tick move. And I trade 1 contract a day, with say a strategy of risking 8 tick stop for 8 tick profit. My initial capital deposit...
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    Losing more than starting capital

    Hello, this is a real basic noob question.. but please could someone explain how more money can be lost that your initial capital in trading? If I was to open an account with say,. mirus futures, and deposit an account with $5000. With $500 needed for intra-day trading margin to trade 1...
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    Sniper Forex System

    Hi Guys, just wondering if anyone trades sniper over longer TF? I work mornings 6 - 2pm now and so cannot be checking the 1 hour.. so what is my best option? does it still work ok on the 4H for instance? Be good to hear who else uses sniper on more of a part time swing trade basis. Cheers
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    Anyone heard of Day Trade to Win

    Hi Wow yes great results. You had 5 losers in total of 10pts - and recovered on 2 of them for 2pts.. what about the other 3? was they just a loss of $500 on the day? was there not a re-entry for them trades? Cheers
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    Anyone heard of Day Trade to Win

    This is my point, if sticking to just going for 2pts, you would be down $500 and need 5 days to recover... HOWEVER is it not easier to go try hit the 2pts on these 5 days than have to go 4 days trying for the 2 and 4pts? With the breakevens and such.. it could take longer than 4 days to recover...
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    Anyone heard of Day Trade to Win

    Hi guys, I too have this course and have been going through diff options - I was playing this over in my mind trying to work out best way of reducing risk. Could you see If I am correct and give me your feedback on the below please? I am a total newb and when I do go live I was lookign at...
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    Anyone heard of Day Trade to Win

    Hello everyone, I recently setup a Facebook group for this if anyone is interested? I am afraid I am not used to yahoo so I created it in facebook. I am a new beginner in trading, and would like to talk to others who have been following John's course and method. Please visit: Daytradetowin |...
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