Recent content by andyone

Thanks again Damian. I would also like some advise as to placing a stop, there are quite a few methods of working out the position,and I understand these may be different in each market,Roberto mentioned earlier that my stop might be too close in gbp/usd because the market is volatile, but if I...

Many thanks for your advise Roberto.

Thanks a lot for your reply Damien, what would be the minimum size account that a forex broker would deal with? Many thanks Andy

Hi Roberto,just took a look at tradindex site,contract info for gbp/usd June futures says min stop loss of 75 points. Please could you recommend any SB firms that give smaller stops. Many thanks Andy.

Hi rogue trader heres an example, I want to buy gbp/usd at 1.8771 with a stop at 1.8739, the stop is 32 points away from the opening price,to make a trade to give me 3r profit i need my position to move up by 96 points,i.e 3x 32 . The S.B company says the nearest stop I can place to my opening...

Thanks for that,the only trouble is that means I have to watch the markets full time,which is not always possible.

As a relative newcomer to trading I wonder if anyone can give me any advice regarding the following dilemma. I only trade a small account at present ( £2000) so I am only using SB companies. When I put on a trade I cannot put a stop at the position I want ,at best it is the companies minimum...