I am currently on a 30 day trial of FXCM Trading Station II 1.7k up in just under 4 hours on a 50k account It can't be that easy doing carry trades for real money could it?
Congrat !!. Next time you may be down $1.7K in matter of minutes Welcome to the club !! PS - Which pair/s are you playing with ?
O.K....so two main pairs and crosses. Try EUR/USD and cable as well one day. PS - You can play demo more than 1 month if you need to. Enjoy! Happy Trading !!!! Edit : You can play demo as long as you wish to!
Finished my months trial account today and took my 50k to 40 then 30 then finished off with 92,756.16 US interest rate drop did help a lot during that time.
Wow, that game sounds better than Defender. Are you willing to put your real money in? Were you just guessing, or did you have some strategy?
Yes I will be putting some real money in posiably via ASX CFD's if direct shares will be running with them. Less leverage but a known evil. My stratergy can be found here Currency Carry Trades Deliver I do need to work on a source of useful charts to improve on entry points. I did find placing a stop point to be the most important skill you need and being around to move it to lock in profits, on the down side the market is open 24 hours a day so things can happen while you sleep. Keeping a float at a level that avoids margin calls which on the platform I was using closes all positions for you.
If the AU$ gets above 90.4 tonight, then I am in again. Just got stopped on it after it reached 90c - set a s/l at 89.3 and it went down to 89.2 yesterday .... still made some profit.
