Re: Trade forex with 400:1 leverage

Just to let you know, i just trade the usd/chf versus the GBP/USD. you
get paid more interest. You have some down days, and I started with a
mini account trading 1k lots. I bought 18 lots of usd/chf and 12 lots
of gbp/usd. I received about $6.00 in interest just for today since it
is a triple interest day, and I get about $1.90 everyday. Once I hit
10% of my account balance, I will cash out all my lots and rerun my
numbers to compound my earnings.
JBoatcapt@xxxxxxx wrote:
ynotssor wrote:
<emt2ed111@xxxxxxxxx> wrote in message
news:1156974772.915001.270210@xxxxxxxxxxxxxxxxxxxxxxxxxxx

I started with $1000.00 on Friday the 25th and already up to $1022.00.

Wow 22 whole dollars. Nice supplement to your regular income?

I took a look at the site just now watching most of the intro video.
They use my straddle with upper and lower orders spaced far apart. They
also use the usd/chf and eur/usd as a hedge type arb..something else
I've tried with success.

If Ed was trading a 1000 mini account, his $22 profit was actually
based on just $0.10 per pip..that's 220 points in gain since
Friday..not too shabby.

FYI, I've changed my straddle to include scaled in orders spaced 8
points apart both above and below the pre-data spot. I'll usually place
4 or 5 orders on each side. It works better than the old "one order"
entry on each side I used to trade...you capture more of the move.

Today's GDP was a good example..earned 51 points with 3 of the sell
orders triggered and then retraced :-)

co jones

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