Thread: 0 to 10000%: Big RR

Originally Posted by ;

quote Hello alphadude. Thank you for your kind words. : 1:200 and 1:100.

You have 400lot. Usdjpy,usdcad.
If your acc. is 1:200,
margin is 200,000usd.
Its over your equilibrium.

Originally Posted by ;

did not see the way you did USD/CAD however, the AUD/USD trade is on point to brief. I just shorted /6A futures a couple of hours back a bit above the .78 level. Even though AUD will be a standout next year with a growth in international interest rates at which commodity prices are inclined to follow suit (it turned into a commodity currency) its move up is over long the last 5 days. GL about the AUD brief as I am on precisely the exact same side with you on this one

since trade list is public, it is not hard enough to find out about these CAD trades.
https://www.nigeriaforextrading.com/...w-methods.html

I guessed the CAD trade was about to go south as it broke major resistance on CAD futures to the upside. But hey, everyone has their own reasoning for entry/exit.

Originally Posted by ;

quote you have 400lot. Usdjpy,usdcad. In case your acc. is 1:200, margin is 200,000usd. Its over your balance.

Equity. That is what you use to start transactions.

Originally Posted by ;

quote Its equity which you use to open trades. Say your equilibrium is 100k and your equity is 500k, you can open more rankings. If then your equity dropped, your rankings are still valid until you get to discontinue out degree. Normally brokers will have 30% margin stop out flat or 10 percent or 50 percent.

So your broker will prevent you out by 10%, thats big broker risk within the weekend. Heavy to find that any broker is going to do this risk , I only did see that with imitation brokers.

Compute it:
your 500:1 leverage (whats mad) is with 200 lots 40.000 usd as margin. So that your broker will get you a margin call by 4000 (in case your broker gets the 10 percent, but 10 percent is unbelievable low, the broker has big risks) and over the weekend the broker will have all the risk on his own website in order to lose extrem money? What a dumb broker is that? Are you sure its actual accounts, in demonion I can comprehend it, but in actual account the broker has to be mad and like to lose money with no advantage. Only a few pips move have extrem big value with 200 Lot.

For the rest: of course the margin will be computed from equity (what else????) , all will be computed from equity, equilibrium is useless in trading. But this ordinary fact will not help in your case until you are in win or possess calculated moneymanagement.

Edit:
now I rechecked on your broker website, now its very strange: the margin on your account is figured by :
Balance Max Leverage
$1 000 1:1000
$5 000 1:500
$20 000 1:200
$100 000 1:100
#8734; 1:33

so looks like you can only have this 1:33 or 1:100 leverage (but then you would have stop out flat triggered allready), or is the account a little cent account and this brokers calculates then the margin inside this cent account not as this equilibrium into account and recalculate it as real money balance (so splitted from 100)?
At least this is a extrem strange broker.

Originally Posted by ;

quote My current risk per trade is very high. Even though I have very high hit rate I still ought to be wary of unexpected events. Trading 100 percent of your account per SL isn't a wise idea. Again, current account is just to demone I could reach 10,000 percent in the shortest amount of time. Artcool: Yes, I likely would reduce the AUDUSD trade once price retraced. USDCAD may be a much better trade.

I really feel you. I came out of the same mentality. Trade aggressively. But at exactly the same time you haveta to know when to pull the plug. I would usually get out in 20-30% loss in worst case scenario. Managed to grow 30k to 200k with 50:1 leverage (with Oanda mind you). Then shit hits the fan..and I came back down. . . But I managed to get 50k profit to show for it.

I hope you get out of this soon. And like I said, these expansion % is only numbers flashing on screen unless you withdraw. Fantastic luck man

Originally Posted by ;

quote I really feel you. I came out of precisely the exact same mentality. Trade aggressively. But at the exact same time you gotta to know when to pull the plug. I'd usually get out in 20-30% loss in worst case scenario. Managed to grow 30k into 200k with 50:1 leverage (with Oanda mind you). Then shit hits the fan..and I came back down. . . But I was able to get 50k profit to show for it at least. I hope you get out of this soon. And like I said, all these expansion % is just numbers flashing on display unless you draw. Good luck guy

Thank you for your kind words.

You must have at least a portfolio stop loss of 50 percent from equity. If that occurs; you want to cease trading which egy abd create a new one

This account demones that you are a excellent trader and you have ability to generate money from the market. so congratulations.

You simply lack self control and discipline so now you need to work on that part, if possible close trades and take money out of table and begin again using more subject again.

You might want to look at this wiki page: Gambler's fallacy. Https://en.wikipedia.org/wiki/Gambler's_fallacy

The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is that the mistaken belief that, if something happens more often than normal during a certain period of time, it will occur less often in the future, or that, if something happens less often than normal during some period of time, it will occur more often later (presumably as a way of balancing character). In situations where what is being detected is really random (i.e., https://en.wikipedia.org/wiki/Statistical_independence trials of a https://en.wikipedia.org/wiki/Random_process), this belief, though attractive to the human mind, is untrue. This https://en.wikipedia.org/wiki/Fallacy could appear in many practical circumstances, but is most strongly associated with https://en.wikipedia.org/wiki/Gambling, where such errors are typical among gamers.