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Old 29-09-2004, 15:31   #41
James
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Hi Pittsburgh

Did you average into your Cable positions from above or below? Judging from your Kiwi positions, you averaged into a losing position.

What size is your account? If you have a 1 million US account, you are 4.5% up across 4 ccys, leveraged at 9:1. If you have a 100k account, you are 45% up. But then you are also leveraged at 90:1...In either case, you are risking too much.

I am interested to hear your response, as both of my questions may expose some risky and unsustainable trading practices.

It would be very sad if you were advocating such in your training classes, or not warning against it at the very least.

Hoping for an answer which will ease my concerns
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