Recent content by njm42

Keep me updated too please. Very up for it. Nick

This is gambling. They may have a tendancy to bounce up and down within a particular range, but at some point in time they will break out of this (dramatically)... what happens when you're on the wrong side of this trade? Do you keep hold of it until you lose everything?

As I see it, I use the leverage simply as a means to lower my margin requirements. My risk management is based on the size of MY account, i.e. I am willing to risk a maximum of 1% of my trading fund. By using leverage I can do this without having to use all of my capital on one single trade...

Are these a regular occurance? I will be back in Manchester in around 6 weeks and would be keen to meet up with like minded people. Nick

Would also be interested. How much experience do people have and what ball park desk fees would you consider? (Assuming all splitting the rent/expenses)

Thank you Lucky. I know that it is difficult to set an overarching level applicable fr everyone, but I was wondering whether other people's experiences trading full time were roughly in line with my records to date, or whether I was being overly optimistic/pessimistic.

Yes, - i.e. If on 01/01/07 I started with £10,000, on 01/01/08 I had £17,500. I use 100:1 leverage, however I still risk max 1% of MY capital (in the above example = £100) per trade. By using the leverage I was able to put eg 50% in one year bonds, 30% in savings account and 20% to use as...

Hello everybody, What levels of annual returns do you expect if trading full time? I have been trading a small forex account for around 18 months and gained around 75% in the first year and on the way for similar this year, this is with minimal drawdowns. This is trading part time and risking...

What is a reasonable (expected) desk fee for a prop trader trading company money? Includes all relevant hardware/software/etc.