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Old 08-03-2005, 06:18   #9
elmagd2000
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Re: $73650 in 10 Days!! See the attachment

I have some comments to share:

- Playing with 20m lot size (200 lot) is too risky for amount like 175k. 100:1 can't stand here mostly it is 200:1 here 200lot = 100k margin which is 57% of total equity. Odds in such cases for margin call are high plus no room for opening any parallel position.

- 42,500 loss is about 24% drawdown very high and 2-3 consequent looses will wipeout. plus driving equity to loss under starting point with 24% definately causes great disappointment .

- One may say he got 92k afterwards. Which is better? small profits and small losses or large profits and large losses.

These are my opinions which I believe in and may be against the wind here. Hoping to be of use.


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