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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.
__________________
Hani
As we sail through life . . .
. . . We face storms and deep waters
We have to accept and pass'em . . .
. . . Caz.calm seas never make skillful sailors
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