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phreak · 14-09-2003, 07:17

I'm new to FOREX, have been trying demo accounts for the last 3 months. I've found out that it's not a big deal for me to make $50-100 a day or sometimes even hundreds of dollars during a major move. Normally I place 2 orders (4 lots each), so my used margin is around $400, with tight stops. I trade EUR/JPY, EUR/USD mostly, sometimes USD/CHF, GBP/USD. Does anybody have similar experience? I'm thinking about opening an account with $1000 and start trading for living. Do you think my expectations are too high?

14-09-2003, 07:17	#1
phreak level 1 Join Date: Jun 2003 Posts: 49 Downloads: 0 Uploads: 0 Rep Power: 0	Trading for a living I'm new to FOREX, have been trying demo accounts for the last 3 months. I've found out that it's not a big deal for me to make $50-100 a day or sometimes even hundreds of dollars during a major move. Normally I place 2 orders (4 lots each), so my used margin is around $400, with tight stops. I trade EUR/JPY, EUR/USD mostly, sometimes USD/CHF, GBP/USD. Does anybody have similar experience? I'm thinking about opening an account with $1000 and start trading for living. Do you think my expectations are too high? Last edited by phreak : 05-02-2004 at 02:18.