But math say "the opposite is true" especially if StopOutLevel is 50% or below what you say not correct. not true. with leverage of 10%, for one position only with interactive broker, i convert 2000 USD to 7,000 USD. USDZAR. (long swing target) AND ...

Australian brokers and leverage restriction

summary of current situations of our main account "BUDDIES" Open positions: image Pending positions: image

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leverage of 20:1 or lower is good for most of traders. why people hate that??

Australian brokers and leverage restriction

My six standards used to assess any trader: 1) linear progress. = No profit jumps. 2) low drawdown. preferably not to exceed 12.5% 3) acceptable PF, >3 is very good. 4) ability to diversify. more instruments traded, more points for your sake. 5) ...

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entry and exit on chart according to FF, PROFIT OF 136% within 5 minutes. before news we know it will drop heavily since AUDUSD will go up whatever the news is due to overbought! news sometimes is just a mere ignitor!

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Trading news: url AUD employment as you see SWED jump from 4000 to 12000 within minutes!!

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assume later he surprises us with a great recovery! do we say: he is a great trader? of course not. another standard called drawdown says "NO" inescapable! foreheads are smeared with ashes! even though you make a great recovery!

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PF = Sum of profit position/ sum of loss positions = GrossProfit/GrossLoss = 92368/138789 = 0.67!!! so this trader has a very pooooooooor performance. he should find a grocery or a shop to sell shoes other than forex trading.

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look at SWED account: loss of 90% now but what is the PF? we expect very low number! absolutely below 1, 1=no loss, no profit!! profits=losses

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even though we have a lot of positions, but diversification scatters risk! risk-dispersion is a one of the money-management effective tools. = some position are the stop Loss of other positions! if you know Profit factor PF, one of main portfolio ...

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image Transaction #39: put a sell pending order at 9.2000 for USDNOK, 0.4 Lot for every 10,000 USD. (2rd seal-in) Reason: Yesterday high Target: 2000 Pips StopLoss: On Entry Point if 9.2700 is recorded, Hint: may tumble like USDSEK. usually they ...

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pip value now is 7 EUR = 7.65 USD! RSI consumed ample time above 70!

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image Transaction #38: put a sell pending order at 12,661 for DAX GER30, 4 Lot for every 10,000 USD. (3rd and last seal-in) Reason:double TOP Target: 661 Pips( = 12,000) StopLoss: On Entry Point if 12,815 is recorded, Hint: put previous DAX ...

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image What one should do with GBP pairs-there are 4 open position!! now they are +63 USD!! not days of GBP!! We may have better close all 4, profits position is the stopLoss of loss position!!

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Jomi is a great forexian fighter two like this then he will be a millionaire. very sharp run-up drawdown is 100% but run up is 2000%, no halve solutions

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Pips, as 5th digit calculated: entry price - now price = 12.59500-12.56522 = 2978 pipette then P/L = PipValue*EarnedPips = 0.2/USDSEK * 2978 = (0.2/9.78600)*2978 = 60.86 USD. Take USDSEK Ask price, since it is a short position. it is a concise ...

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image Ask yourself, why GBPSEK P/L is now exactly 60.86 USD?

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example-2: GBPSEK PipValue for 0.2 Lots ---------> QQQ=SEK DDD=USD ===> QQQDDD=SEKUSD Dc=5 The pip value of the last digit, 5th , Ds=0 Pipvalue=SEKUSD*0.20*100,000/10*5 =0.2*SEKUSD on our terminals we can not find pair named SEKUSD! we find its ...

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we have to know all of this to manage our transactions here in a comprehensive manner, especially risk-management matters.

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building concise knowledge: example-1: EURUSD PipValue for 1 Lot ---------> QQQ=USD DDD=USD ===> QQQDDD=USDUSD Dc is the number of digits after Decimal, for EURUSD -- Dc=5 Ds is the number of digits omitted from price. ...

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