| Is there a Market where a Trader can Make $100 Million? |
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profitmagic
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| Is there a Market where a Trader can Make $100 Million? |
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I have a few doubts that someone could trade their way into $100MM in stocks or futures, but the fOREX is a completely different story.
In fact, I have worked up a spread sheet where with just a $1000 to start you can have $1 million in less than a year. Your second year will get you the $100 million, actually it may even reach a billion. AND the most incredible thing is that you are doing this with the market's money or rather money you have earned in the market. Now before you rush out and start trading Forex you need to know that it will take knowledge and discipline to be successful. If you are a skeptic about this then don't bother. It won't be for you.
I personally have spoken to one gentleman who traded a $50K demo account up to $1.1 million in just 3 hours. He has posted his trading confirmation on the internet for people to review. Later he then traded that $1.1 million up to $2.5 billion. Now demo account trading is different than live trading but the basic principals are the same but without some of the real world gremlins to hold you back. To go from $1.1 million to $2.5 billion is only 30 trades if you do it right!
Of course, there are milestones along the way where you will need to change your trading method and brokers, but here is how it can be done.
First, have a reliable trading system that can get you a net 100+ pips per week including all drawdowns. I currently have been averaging 200 pips per week and on active days I may see a 500 pip day. I attribute this to the unique trading system I use which is based on price action and not the typical indicators.
Second, trade with a broker who offers a mini account to start with 200:1 leverage. Also, this broker's trade station must be able to execute hedge trades. Watch out for this as this is a key point to my strategy.
By hedging I don't have any negative trades unless the market moves too far away from a trade where I need to use the margin in a current trade. Then I may close out at a loss for a limited number of pips and only for a small percentage of my account. Otherwise, I work the hedge trades as my account builds.
Third, when your mini account gets to the point of needing to be converted to a standard account, don't. Use it as your "cash cow" and open a second standard account. You can easily withdraw $10K+ a week from the mini account and use the rest of the cash earned in the mini to build your standard account, which will be also be building but at the lower 100:1 leverage.
Fourth, as your account grows you add lots to successive trades which builds your account exponentially. If you are hedging as well it will go even faster, but you have to be careful of your margin. If you don't you will get margined out and have to start over. I learned this the hard way, and it was worth every penney.
Fifth, there will come a time when you will need to find a bank to trade with directly. Most retail brokers are charging 2-4 pips per trade. Once your account is at the $500K mark you will be trading 10 x 100 x 100 = 100,000 per week or 20% of your account. By hedging you will be able to have 20% of your account in the market with very low risk. Now when you are trading 100 lots that is $10 million. The banks active in the Forex will trade with you at wholesale rates when you are making trades of this size. You should not wait until you have the $500K in you account to start making contacts for the wholesale trades. You have several months in advance to figure this out and establish your network to do this.
The important thing is to have a plan in place, even though it may not be detailed much more than this post to be your guide to your $100 million. There is nothing quite as powerful as a definite plan that you have set out to accomplish to make it happen.
So I close with what I said in the beginning, "Yes it is possible to earn $100 million trading the (Forex) market." In fact, you should be able to do this in less than 24 months of trading. In the Forex you will not see the slippage and liquidity problems you have in stocks or futures when you are looking to move larger contracts. The Forex currently trades
about $1.8 trillion per day so they won't miss a $Billion when you get there.
Just in case you were wondering a $Billion is 0.0001% of a $Trillion. You don't need to take it all out in one day. Be nice and spread it out over a week or so.
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Sat Feb 25, 2006 4:29 am |
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coaster
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Spreadsheets and demo accounts aren't the same thing as real trading. The only sure way of making $100 million trading futures or forex is to start with $200 million. 
Successful trading of leveraged derivatives, no matter what the vehicle or the methodology, is all about discipline and psychology. There's a long and expensive learning curve that's required to develop those qualities if they aren't first nature. As they aren't for most people.
quote:
Yes it is possible to earn $100 million trading the (Forex) market." In fact, you should be able to do this in less than 24 months of trading.
Yes it's possible; it's just not probable. Elsewhere in other threads there's a member recommending forex trading to persons claiming to be "new to investing." That's not advice. That's a sales pitch. 
Bye Bye Bums
Why Whimsy? (why not?)
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Sat Feb 25, 2006 1:39 pm |
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profitmagic
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| Is there a Market where a Trader can Make $100 Million? |
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Coaster when you say:
quote:
Spreadsheets and demo accounts aren't the same thing as real trading.
I couldn't agree more. In fact I did point out in my original post that:
quote:
demo account trading is different than live trading but the basic principals are the same. . . without some of the real world gremlins to hold you back.
You are also right-on when you say that it "is all about discipline and psychology." Where you miss the mark is where you assert the learning curve is long and expensive. This all depends on what body of knowledge one decides is required to be a successful trader. There are many trading methods around that have varying degrees of success.
The information required to be a successful fundamental or technical trader is exactly that long, expensive learning curve you are talking about. But why discourage someone who wants to explore his potential in the Forex? Everybody has to start out sometime.
The system I use can be done by a 10-year old and learned by that 10-year old in a few weeks. Actually, a 10-year old will probably do better with it than a seasoned trader that brings all his "baggage" with him when setting out to learn this new trading system
I do agree that many of the claims that are out there seem to be exaggerated to those who know about the actual time and expense of becoming a traditional, accomplished trader. Someone selling a traditional trading body of information should not say or imply that it can be learned overnight or even in a few months. They should be called on to document what they are claiming.
Now maybe the reader of this post will think I am guilty because I say a 10-year can learn how to do it in a few weeks. Well, if this is a true statement then I am not exagerating. Am I? The only sure way to prove this will be for someone to actually set out and learn the system. Now I know that a valid test here can only be done by someone who actually wants to learn the system. Any naysayer can sabatoge themselves. All it takes is a little applied negativity.
What I have found is a way to know where the market will go in the next few hours. In fact, yesterday, February 24th, I knew that if certain movements in the market occured we would see a retrace from 1.1965 on the EURUSD pair. I knew this about 5:00 a.m. EST. Then it actually happened the first time about 1:00 p.m. EST. I do not look at any of lagging indicators because they are history. Rather I analyze price action in accordance with the system I use. It runs from 80 to 95% accurracy day-in and day-out. And yes a 10-year old that is into computers can do it if they are so motivated. Motivation will be the caveate with a 10-year old.
About the probable vs. the possible. You are certainly correct here.
Just because something is possible does not always mean that the probabilities will be there to permit its occurrence.
But again you left out one important ingredient. HUMAN WILL!
Every generation we see a number of individuals rise up from nothing to something very significant in the fields of finance and others such as the arts and sciences. These people are different from the rest of the population. They have determination and focus. They set a goal and don't quit until they have attained it. Then everybody else calls them an overnight success. This is a belated attempt by the average Joe to diminish and/or deny the accomplishment of these determined individuals who we will not admit have done what we failed to achieve ourselves. This is plain jealousy.
It all boils down to what is between the ears or in the heart. Our decisions seal our fate. Not some nebulous probability. Someone will achieve this goal in the not too distant future. While the rest of us attrribute it to "luck". Anything to deny the real accomplishment by the person or persons who have done it.
FYI, it has already been done by one small group of traders who parlayed a small investment into about $300MM. Then they got greedy and put it all back into the market the following year. Disclipline was lacking here.
I hope they are trying again.
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Sat Feb 25, 2006 10:09 pm |
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coaster
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| Re: Is there a Market where a Trader can Make $100 Million? |
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Now, George, I'm sorry, but I still find what I consider some misleading statements in your post:
quote:
Originally posted by profitmagic
The system I use can be done by a 10-year old and learned by that 10-year old in a few weeks. .... They should be called on to document what they are claiming....Now maybe the reader of this post will think I am guilty because I say a 10-year can learn how to do it in a few weeks. Well, if this is a true statement then I am not exagerating. Am I? The only sure way to prove this will be for someone to actually set out and learn the system. ....
If you can produce a 10-year old who's been successful using your system all on his/her own, without any adult direction, then I'll believe it.
quote:
But again you left out one important ingredient. HUMAN WILL!
This aspect of character is totally undeveloped in a 10-year-old. And it takes just as much WILL and discipline to trade a mechanical system with real money as it does to trade any other way. And there is a learning curve with system trading as well as with technical and fundamental. And I'm speaking from personal experience.
quote:
What I have found is a way to know where the market will go in the next few hours.
Now, c'mon George. Nobody knows this. Even the fact that it worked a few times for you in real time, and perhaps even backtested well, doesn't mean a thing. Show me a track record over up, down, and sideways markets. Probabilities favor someone being right for a while. That doesn't say a thing about their methodology in the long term. Even Larry Williams hasn't repeated his feat of turning $10K into $1 mil in a year. (BTW, one little-know trivia of that story is that he actually reached an equity peak of around $2 mil, and then lost a mil to end up at $1 mil.) And the way it usually works in real life is that just when you think you've got something that works without fail and you double your leverage, it quits working.
I don't have any problem with someone favoring forex trading, or any kind of speculative trading (heck, I do some myself), so long as it's presented in a realistic light. Even for those persons who fit the characteristics you mention. And yes, those characteristics are quite helpful to be successful in trading (and lots of other endeavors.) The problem I have is with promoting this as suitable for everyone, especially, for example, elsewhere in this forum where someone is recommending forex to an 18-year-old investment beginner. Totally inappropriate. The fact that it's a mechanical system instead of discretionary makes no difference whatsover.
And throwing around those huge numbers......works on a person's greed and makes them ignore reality. With retail forex traders, is not the clearning broker normally the counterparty? I have a list of forex brokers and none of them are capitalized anywhere near that. One single customer who was even a fraction that successful would bust them. And if many traders were that successful, the central banks would shut forex trading down. Even George Soros only made $1 billion once trading the pound sterling. And that feat was such an outlier that it'll probably live forever as the pinnacle of currency trading success.
Bye Bye Bums
Why Whimsy? (why not?)
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Sat Feb 25, 2006 11:25 pm |
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profitmagic
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| Is there a Market where a Trader can Make $100 Million? |
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Well Coaster you baggage is showing, which I partially alluded to in my last post. I also am troubled by your use of the word "misleading". I am simply describing a system new to the trading world that is:
1. Simple to Learn
2. Simple to implement
3. Extremely accurate if properly implemented
In fact, this system is so simple and so accurate that it is akin to describing a 747 jet to someone in the 14th century. A metal bird that will fly people around the globe in about 12 hours is simply beyond the comprehension of an individual from that era. To begin with, the world was flat then and the sun, moon and stars revolved around the earth. Now fast forward to today.
Today we have a group of fundamental and technical traders who do their best to outthink the market. Sometimes it works but usually they are only marginally successful. This group comprises about 5% of active traders who use fundamental or technical indicators to support their trading decisions hoping they will someday hit pay dirt. Unfortunately, their successes are outnumbered by their failures.
We also have another group that simply can't get it. These are the beginners who try for while and then quit. I am referring to the 90% (or so) of the people who start trading and promptly lose their entire account in 90 days (or so).
Then we have the stars and super stars in the remaining 5%. Usually, a star is not born overnight because of the sheer complexity of "learning" the market and the skill to trade it with one or more of the traditional trading tools available. These people are rare. They are very comfortable with their situation since they can extract $2000 to $20K or more per month from the market almost at will.
Now, try to explain a new system that does exactly what I have outlined and your incredulous disbelief is the result. Just like someone from the 14th century who happened to find out about a 747 and tried to explain it to his fellowmen. He is laughed out of the tavern or even banned from the village. This still doesn't change the fact that 747's do indeed fly half-way around the world non-stop even though the "natives" say it is impossible.
Likewise when I said:
quote:
In fact, yesterday, February 24th, I knew that if certain movements in the market occurred we would see a retrace from 1.1965 on the EURUSD pair.
you completely skipped over the part that said, " if certain movements in the market occurred".
Well, I could look up the exact times that the market hit 1.1965 yesterday and retraced but I don't have to. It did hit that price more than once. Then it retraced, just like the system predicted. Again, you can sit there in incredulous disbelief. I know what I have seen the market do and I know what the system has predicted beforehand. Your assumption that this is simply a flash in the pan is also erroneous. This system works in many markets, not just the Forex and has been in private use for over 30 years. We are doing it in the Forex now because the sheer size of the
market makes for better accuracy of the system.
Also you have taken a few things out of context. When I said a 10-year can learn and operate the system in a few weeks, I meant just that. Now, I do not expect that 10-year old to make millions in the Forex, but a motivated 10-year old can certainly earn several hundred dollars each week. I will leave the motivation part to their parents. Better than giving them an allowance, don't you think?
My point was that this system is no more complicated than a video game. Many 10-year olds excel at video games of high degrees of complexity. This system is just not that complex and a person can learn enough about it in 2-3 weeks to become an accomplished trader earning money on a daily basis. How much will depend on account size and how well the system is followed.
Since you know absolutely nothing about the system I use to trade with, it is presumptuous of you to claim I am misleading when I say it is simple to learn and use. It was simple and easy to learn for me and for many people that I know who are currently using the system. These people come from all backgrounds and education levels.
I know this boggles the mind of an experienced trader like yourself, but I already covered this point. Because of your trader "baggage" you may not ever be able to implement this system successfully. In the final analysis, you will be the only one who can say if it will work for you or not. The only way this can be accomplished is by using it for enough time to confirm or deny its effectiveness for you, which is about 2-3 weeks for most people.
I am sure that you have seen the disclaimer that all brokers issue which says to the effect that past performance is no guarantee of future performance. Same thing here. Someone else's success with the system does not guarantee that you will be successful with it. A person has to try it for themselves.
I covered moving from a retail broker to a wholesale relationship in the first post. FYI, all licensed brokers maintain client funds in a separate account from where they are usually traded with the supporting wholesale bank(s). They also publish the size of trades that they will execute via the trade station or phone. So while your concern that when your account arrives at the larger trades that a broker might go bust shows a lack of knowledge how the Fore market works. The brokers are simply a conduit to the trader on the other side of the transaction who could happen to be a bank, a broker, a speculator or a group of speculators who are all on the same price. Now some brokers do take positions with their clients
and a smart trader will research this before getting too deep into things with that specific broker. Anyway, when you get to the large trades there plenty of banks who will be happy to set up a wholesale account with you. Look at all the hedge funds that are out there doing just that.
You can subscribe to HedgeFundNews or one of the financial magazines or ezines that cover this subject to get more details on this.
Now about recommending the Forex to an 18-year old, I see no problem with that if the ins and outs of the method they are teaching are fully described. No, I certainly don't think Forex trading is for everyone and quite frankly neither do they. That is why we have doctors, lawyers, bakers, candlestick makers and 747 jet pilots. Everybody has different interests. Some of us like to trade and trade well with a system that consistently works. Remember, every successful system will produce results. I know have I tried a significant number of them. Now I have what I believe is the best system going. Its continuous positive results speak for themselves to me with each trading day.
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Sun Feb 26, 2006 5:04 am |
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coaster
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George: put your system to the test of an independent, unbiased third party: Futures Truth magazine.
http://www.futurestruth.com/
Your ludicrous analogies don't sway me. I've heard it all before. Nebulous, glowing word pictures just throw up caution flags. Show us hard data. Have your system reviewed and put to the test. If it really is all that revolutionary and successful, you'll have traders beating a path to your door.
But then I ask readers of this thread: if that's true, why is Mr. Ballard wasting his time here? Why not just quietly sit in his office and make $1 billion?
If altruistic motives are offered, then consider this: it's well-known that when a system is widely used, it no longer works as well. That's simply because if all traders buy/sell at the same point, then there's a huge spike but no follow-through because all the buying/selling has been exhausted at the same time.
George: submit your system to Futures Truth and let me know when they publish the results and then I'll consider it.
Bye Bye Bums
Why Whimsy? (why not?)
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Sun Feb 26, 2006 2:05 pm |
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profitmagic
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| Is there a Market where a Trader can Make $100 Million? |
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Tim,
I will do you (and anybody else that is interested) even one better than the "third Party" test you are suggesting. A no-cost 2 week direct test of the system yourself so you can see first hand if you can make it work or not. So you can see for yourself if it is simple enough for a 10-year old to learn it in a couple of weeks. So you can see for yourself its predictive price-action powers. So you know by your experience with the system if it something that will help you trade successfully or not.
I have some serious doubts about the Futures Truth people. To quote the site you have recommended they say: "Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. There is a substantial risk of loss in futures trading."
See the word "Futures" there? See the word "Futures" in the URL www.futurestruth.com? See the word "hypothetical"? These people are analyzing futures systems probably with a system of hypothetical back testing, which as you know often have very grave limitations. Also, they are selling their reports. Not quite an impartial situation, but Hey, everybody has to make a living, Right?
The Forex is the spot market for currencies. A completely different animal than the futures market. Apples and bananas here. Let's move forward or stop.
I now understand your anguish. You are a futures trader! Yes, the system I use will work in futures, but it works better in the Forex. That is why we are there. I doubt very much that a futures person will be able to correctly test what we have. Those people just have too much "baggage" as I have mentioned several times now.
So if you are afraid to make a direct test of the system yourself then there is no way for you to move forward from here. There is no cost for a 2 week test where you will be shown the entire system from the inside out. However, you will be required to sign a non-disclosure agreement first.
The owner of this system has tested it for over 30 years in various ways. He knows what the Futures Truth people know, which is any system must be proven by the individual who is going to use it, thus their disclaimer above. You know as well as I do that there are a lot of people who just can't seem to follow instructions and then blame everybody but themselves when something doesn't work. Are you a member of this group? I would hope not, but I have no way of knowing this now.
You are right, during the week I am busy trading. Monday thru Friday I don't have too much time to spend writing posts unless there is a lull in the market. I will use those lulls to check here from time to time.
Tim, I hope whatever trading system you chose will meet or exceed the expectations you have for it.
I wish you all the best in your trading endeavors.
If you should decide you want to take the test, then send me a PM through this forum. I will then get in touch.
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Sun Feb 26, 2006 9:39 pm |
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coaster
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For other readers of this thread, don't worry, I'm not suffering any anguish. 
I'd like to point out that Futures Truth is a reputable third-party system testing organization with a clean reputation within the futures trading industry. As with any methodology, there are always individuals who find fault because they don't agree with it. And the limitations of system testing are well-known. But the firm is still in business after many years, and if they weren't performing a desirable service, I don't think they'd still be around.
Those who trade using mechanical systems would never dream of trading an unknown system without thorough back testing. Back testing, in any market, while not predictive of actual results, does give the trader confidence in knowing how the system works, how it is likely to perform in various market conditions, and whether the assumptions determining the system rules make any sense.
There's nothing special about forex. It's buying and selling; prices go up and down; just like any other asset class. Any system that works only in one market is suspect of "curve-fitting" (i.e. the system rules are designed to produce good results on historical data in that market.) Such a system has little likelihood of performing in accordance with its backtest because the future is never exactly the same as the past. Only a system that works in multiple markets because its trading logic is based on some fundamental principle(s) of the market is likely to make money for the trader in real time going forward.
Good luck to you, George. You may need it. 
Bye Bye Bums
Why Whimsy? (why not?)
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Sun Feb 26, 2006 11:10 pm |
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blade28
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plain and simple FOREX!
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Mon Feb 27, 2006 2:57 am |
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profitmagic
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| Is there a Market where a Trader can Make $100 Million? |
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Tim,
You are trying to put words in my mouth.
I have never said that this is a mechanical system. We trade it by hand.
Maybe one day we will mechanize it, but that is not in the forseeable future, based on the available platforms around today.
Second, if you would like to see where one individual traded his demo account up to $1.1 Million in about 3 hours just go to http://webplus.forex.assets.org.uk/report4.html
This feat happened in 2001 but the results and the method are still valid.
Finally, you prove my point that you are afraid to take a serious look when you tell me to go test it. This has been done already. I have done this all ready. If we go out and test again for everybody that wants us to test it first we will be testing forever.
If you don't want to take the effort to take a look at something that could make you a lot of money, then that is completely up to you. Doesn't cost anything to look, and by refusing to take a serious look at it for yourself you cast a shadow on the real motives of your posts. Are you really a trader looking for something new? or are you simply trying to discredit anything that comes along in the Forex because this could impact something you are trying to do, like peddle a different system.
Again all the Best
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Mon Feb 27, 2006 4:01 am |
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coaster
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Testing not done by an independent third party is always suspect. Would you have believed Isuzu when they said their testing showed their SUVs didn't roll over? In any case, if you have tested it, publish the testing methodology and the results. Show us analytical pragmatists hard data instead of psychological manipulation.
But I suspect you can't do that because now you say it's not a mechanical system, you "trade it by hand." Such an approach requires a set-up/evaluation/decision/action for every trade; not only for the entry but also for the exit. So....it's really not so easy a 10-year old can do it. Such a methodology produces wildly different results: some traders jump the gun, some hesitate, some can't pull the trigger. Some get out early, some stay in too long. You can't backtest such a system and produce results that are representative of what it does real time.
With almost any system that has an element of discretion there will be a few individuals that produce outstanding results simply as the result of probabilities, because of the element of randomness introduced by doing it "by hand."
Bye Bye Bums
Why Whimsy? (why not?)
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Mon Feb 27, 2006 1:45 pm |
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profitmagic
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What better testing is there than direct testing that you do yourself? Unless, of course, you don't trust your own results? Which seems to be what you are saying.
If you don't want to do your own test then this definitely is not for you. We have plenty of people that insist on checking things out for them selves rather than rely on the word of someone else.
We like people who are willing to invest some time to check things out for themselves. Obviously, you are not this type of person. You will be too busy reading various test results to get anything done in your life. Then you will miss the forrest for the trees.
I am afraid that if you decided to do this test that you would NOT get it right anyway.
All the best, Tim
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Mon Feb 27, 2006 2:13 pm |
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coaster
Senior Member
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Well, I'd just like to point out to readers of this thread that Mr. Ballard really hasn't answered my points but prefers to cast aspersions. I already know from his description that his system isn't right for me -- it doesn't fit my trading style. A trader who doesn't know him/herself and tries to trade something that doesn't fit isn't going to do well no matter how good the system. I'm a position trader. My average holding period on the DX is 27.8 days.
But I hope Mr. Ballard has learned something about selling his system. I hope he doesn't send me one of those "get rich quick" promotional booklets that I get all too frequently and that just contribute to the recycling bin.
Bye Bye Bums
Why Whimsy? (why not?)
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Mon Feb 27, 2006 2:27 pm |
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profitmagic
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| Is there a Market where a Trader can Make $100 Million? |
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Feb 27, 2006
As of NY close today my account is up 55 pips. No open trades. No losing trades. 55 Pips equates to:
1 lot in a Mini Account is $55
10 lots in a Mini Account is $550
100 lots in a Mini Account is $5,500
1 lot in a Standard Account is $550
10 lots in a Standard Account is $5,500
100 lots in a Standard Account is $55,000
Obviously, it pays to trade multiple lots. It is the same skillset
to earn the pips regardless of lot size, except the psychological factor
sometimes interferes.
Cheers
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Mon Feb 27, 2006 11:33 pm |
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profitmagic
Full Member
Cash: $ 5.01
Posts: 58
Joined: 18 Dec 2004
Location: Poulsbo, Washington
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Feb 28, 2006
As of NY close today my account is up 78 pips today. Total pips from start = 133.
1 lot in a Mini Account is $78
10 lots in a Mini Account is $780
100 lots in a Mini Account is $7,800
1 lot in a Standard Account is $780
10 lots in a Standard Account is $7,800
100 lots in a Standard Account is $78,000
Cheers
Sincerely,
GeorgeB
Don't accept low return CD's or Stocks for one more day.
Rollover your IRA into a Self-Directed Account.
Then get a Managed Forex Trading account for maximum tax free gain.
www.rollovertohappiness.com
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Tue Feb 28, 2006 10:18 pm |
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