Stop, please stop. FXCM customers (or any Forex dealer for that matter) lost because of the high leverage offered ??? Do you know how ridiculous this idea is? It's like saying that BMW cars kill more people because they can go faster.

Tim's £500 marathon. Goal £1 million

FXCM did offer 200 to 1 leverage at some point (nothing unusual about that by the way, some European FX dealers were offering much more than that at the same time), but we are far, far from the 5,000 to 1 leverage you mentioned. But, again, leverage ...

Tim's £500 marathon. Goal £1 million

5,000 to 1 leverage, eh? Where are those Forex brokers now? Are they still in business? Just curious.

Tim's £500 marathon. Goal £1 million

Really? Try to open a 10 standard lot position (1 million units worth of currency) with a mere $1,000 starting capital and then we will talk some more, Palabara...

Tim's £500 marathon. Goal £1 million

Trading results for week ending April 17, 2015: Bought EUR/NZD at 1.4080, 49 pip stop. Out at 1.4150: +70 pip Bought EUR/NZD at 1.4150, 38 pip stop Out at 1.4175, +25 pips Bought GBP/AUD at 1.9290, 49 pip stop. Out at 1.9355, +65 pips Short NZD/USD ...

Gordon Gekko's real-time Forex trading calls

Out at 1.9244, 19 pip loss. That's it for today, trading results for the week will follow shortly.

Gordon Gekko's real-time Forex trading calls

Short GBP/AUD at 1.9225, 44 pip stop.

Gordon Gekko's real-time Forex trading calls

Out at 1.4950, +10 pips, market is not cooperating.

Gordon Gekko's real-time Forex trading calls

Moving stop to break-even. Profit target for that short GBP/USD position is 50 pips.

Gordon Gekko's real-time Forex trading calls

GBP/USD going for the low of the day. About 3 hours left until closing, anything is still possible...

Gordon Gekko's real-time Forex trading calls

Short GBP/USD at 1.4960, 48 pip stop.

Gordon Gekko's real-time Forex trading calls

+50 pips, closing position.

Gordon Gekko's real-time Forex trading calls

USD/CAD just broke through the high of the day, reversing the trend of the day.

Gordon Gekko's real-time Forex trading calls

More specifically, long USD/CAD at 1.2172, 37 pip stop. Sometimes it's hard to place a trade and post it at the same time, all in real time.

Gordon Gekko's real-time Forex trading calls

Out at 1.2172, 20 pip loss. Closing and reversing.

Gordon Gekko's real-time Forex trading calls

Short USD/CAD at 1.2152, 37 pip stop.

Gordon Gekko's real-time Forex trading calls

Reducing stop to 25 pips.

Gordon Gekko's real-time Forex trading calls

Stopped out at breakeven, long GBP/AUD at 1.9175, 41 pip stop.

Gordon Gekko's real-time Forex trading calls

Stop has been moved to break-even after a 50 pip move in the right direction.

Gordon Gekko's real-time Forex trading calls

Nice rectangle formation on the GBP/AUD (15 min). This pattern is usually hard to break during the Asian session, at least from the down side. On the other hand the upside potential is very good...

Gordon Gekko's real-time Forex trading calls