Recent content by target_300k

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    SB or CFD

    Thank you for the replies. I am working on a trading plan to demo trade with, even though demo trading will give me more feedback to improve the plan. I still need one to bootstrap on. I just wanted to know if spread betting or CFds but Futures was suggested. Thanks Pboyles, I am in no rush and...
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    SB or CFD

    Thank you and I will look into futures. But does "much easier to trade " mean a higher probability of success ie making money. Or are you just saying lower probability of losing than in FX. Or is there both a higher pb of success and a lower pb of failure, in which case why am I not trading...
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    SB or CFD

    Hi Guys, I read somewhere that it is almost impossible to make money day trading Forex with Spread betting. Does that mean to use CFDs or as a beginner stick with Spread betting.? Thank you guys.
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    Beginner Time frame questions

    SanMiguel since I am currently operating a micro account, a 5-10% risk is fine. But I do take your point of balancing that with profit expectations. On a 5 mins chart (for) (ex)ample, how do you estimate the number of pip movement expected? If I calculate the distance(in pips) to a...
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    Beginner Time frame questions

    Thanks Jiggly...I am comfortable to risk b/w 5%-10% (micro account)of my account on each trade, so would place stop losses accordingly. I am a little bit uncertain when taking profits. maybe just 5-10pips limit for 5 minute trades. But I'll hate to exit too early. I think I need more testing and...
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    Beginner Time frame questions

    Took a break from my Forex trading education to go fishing in Cornwall. However, I haven't made my self impose deadline for writing a trading plan by 31/07/2010:-( Anyway, my question today is about Timeframes. i have decided to scalp and be a day trader since I am totally committed to learning...
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    Asian currencies

    Hi guys, 'am as green as... well green can be, so pls don't laugh at my question. Does anyone know which brokers pair USD with small asian currencies like the Taiwanese dollar or South Korea's Won or any other pairs involving these currencies? Thanks.
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