Recent content by ChaseLa

Im getting back into trading equities after a profitable but stressful run as a currency trader. I have traded equities before but not properly I did what typical retail traders did high leverage tight stops and got stopped out by widening spreads. Im coming back with my new found knowledge I...

Richard Dennis - $400 - $200,000,000 in about 10 years - 50,000,000%

I am curious to hear about certain traders who achieved astronomical gains on their capital 10,000%+ returns. Im not talking about fund managers who manage billions and take home billions rather individual investors and traders who have turned a small sum of money into a large sum. So far on...

I have been trading for over 1 year now and have recently become profitable. I have been looking into a prop firm in my area and they say they are not hiring grads or trainees but they are always hiring "experienced traders". They don't specify any college qualifications on the site they just...

Im trying to understand how institutional buying/selling affects price. Say Wealthy Guy X opens a ECN brokerage account (not through a bank desk) with 50:1 leverage and buys $500,000,000 eur/usd at 1.33000 what would happen over the next few days/hours/minutes ? Would they automatically...

I actually kept increasing my position 3000% as it went in my favour if i didn't i would have just cut my losses with the original 50k.

I shorted euro/usd in lots of 50k, 100k, 100k, 300k, 500k, 500k and cleared 40% on my total account obviously I was over leveraged but the trade lasted less than 10 minutes for an average gain of 5 pips. Im just wondering is this strategy repeatable ? I entered the trade after USD ISM...

I used IG markets and every time I placed a trade in forex, commodities, or indices the price would suddenly develop unknown momentum in the opposite direction. An then after being stopped out its momentum disappears. And if I had a winning position in a stock trade the spread would widen...

When choosing a CFD to buy or short what do you look for. Do you just look at the chart and come to a conclusion whether to buy or short ? Do you check the news surrounding the CFD/Share ? Between IG and CMC there are over 5000 shares I can trade and I can't decide where to start looking. If...

Update: View image: Screen Shot 2013 09 05 at 02 22 57

This is a screenshot I took of my demo account today I started with 1,000,000 now I am at $1.27m. The first 5 or so trades I lost miserable because I was just trying to understand trading, the past few trades I've been analyzing charts and trends and have been profiting nicely using margin. If...

I tried the IG demo account and hated it, they don't have any US shares like cmc, or company overview. I have been consistently profiting using the CMC demo account. Why cant you close winning trades ? If anyone could recommend me a better broker i'm all ears

Does IG provide direct market access or is it a market maker like CMC ?

Hi I am new to trading and searched far and wide for a broker to trade cfds. I came across CMC markets and tried their demo. I liked it especially the design of it, since it is only a demo version I don't get full access to their product list. I see negative comments across other threads is...