They will probably close it before you get that situation. An open position requires margin. This is like collateral. If your leverage is 100:1. Your margin requirement will be a 100th of the position side. For example on a 10k position, the margin ...

question about margin?

I would be careful news trading. If you are looking to trade during news spikes, it is highly likely that your live trading will be very different from demo trading.

forex news trading

Halifax here

Simple 5 / 8 moving average crossover

They don't widen spreads usually around the news. I do not trade the news spikes. I mostly use them mostly for carry trades and longer term trades, they have some very exotic pairs. I trade options FX options too, on the same platform. Fair enough ...

Which broker have you had a good experience with?

I don't trade exclusively for a living, I have other income sources, but I probably could live on my trading. I don't like to rely on it soley because involves risk. I always believe that ability and discipline can massively reduce the risks, but ...

Question For who trades for a living

Great. Glad you found a good one. I have tried interbank, they were mostly ok, but they really hiked the spreads during the news, I often had limit orders that got triggered even though price was a mile away, just their spread was so huge. I guess ...

Which broker have you had a good experience with?

who thinks gbp/jpy is going up this week, on the US fed cuts? I do for one

Auslanco - GBP/JPY and GBP/USD (newstrade)

yep.. I think anything under 10k is best with a micro, under 100k with a mini.. though it depends on your strategies.

Position Sizing Deleverages

there are many reasons most ppl fail. I think the single biggest is many new traders think it is easy, then when they learn it is not easy, they give up, often blaming others for the failure, either a broker, training course etc. Another reason is ...

Why do 99% of the people who wants to be traders fail?

The only free source that i know of would be oanda, there are probably more though1

Good Historical (Tick) Data Source

I can't really say.. The most i've ever seen cable gap at the open is about 60 pips, some times the gap is filled, sometimes not.

Cable Update (GBPUSD)

ya cable is a nice carry now. NZD/USD is now really good. And what about TRY/USD! )

Auslanco - GBP/JPY and GBP/USD (newstrade)

how about a compromise between the two? You could open two smaller positions and take profit at a certain point and let the second position run.

Accuracy vs. net profit

it's possible.

Cable Update (GBPUSD)

I am glad about fxcm supporting MT4. I never liked the FXCM platform, it was ugly.

FXCM Discussion

I've never had a live account in USD. My native currency is GBP and the dollar has been on a long downtrend against gbp. Personally, I would go with your native currency. FX trading is high risk, I don't like the idea of taking on an additional ...

Putting our money in non-usd dominated account will be better in long run?

I think the recent rate cuts may push cable over 2 soon, but it's tricky, the british economic outlook isn't looking especially sexy at the moment either. However, the rate cut outlook isn't as gloomy for the pound.

Cable Update (GBPUSD)

It's not easy. I'll be honest I could not make money with intraday trading. I fully admit to not having what it takes, partly due to the fact I didn't have the passion for it. However, I have been doing well with longer term trading, this suits me ...

About those 95% or: some research to discuss

10% a day would probably turn $10,000 into a number bigger than the british GDP in less than a year. I'm not going to work it out, but this just outlines how unrealistic the goal is

10% Profit Possible?