First Day of Live Forex Trading - Episode 1

http://currencytraderblog.com
This was my first day of live Forex trading. Watch to see the noobie forex mistakes I make. But at the end of the day, do I gain or lose profit from my initial $250 deposit?
Visit: http://currencytraderblog.com

Category:

People & Blogs

Tags:

• forex beginner
• forex trading
• new to forex
• live forex trading
• forex mistakes

[tokemc2]

okay if u have skype or other kind i can just send it to u :D

[currencytraderblog]

@tokemc2 I actually purchased FAP Turbo and I am currently testing and optimizing the settings. I will most likely be blogging about it once I fully understand it.

[tokemc2]

okay u can also look my video of forex robot :D

it realy work and if u dont trust me then try it on a demo account

[currencytraderblog]

@tokemc2 Hey mate, I am actually looking into the fap turbo so I can do some split testing with it. Your links weren't working out however. Thanks anyways.

[tokemc2]

But it was a stupid fault i did

i had winned the last 3 trades about 1 dollar each and then i

wanted to win more at the time so i just did it with 5 lots. it was going fine.

so i went to the toilet and then i was back boom! it had stopped automatic

becaus of the margin or what it is called :D

[currencytraderblog]

@tokemc2 Yea I just got done doing some quick research on margins... turns out it is a pretty important thing to know :) Lol...

Your minimal margin balance will vary depending on the pair you are trading on.

For example... if you trade say EUR/CHF with a trade size of 10000 and a leverage of 100:1, you will need a margin blanace of $126.41

Thats why I got automatically liquidated because I had two trades going at once.

126+126=252 which is more than my balance of $250 :(

[currencytraderblog]

@tokemc2 lol! Yea I could see that one going quick :P

I hear the ideal balance is $1,000

[tokemc2]

Nice i also started a live account yesterday and it was a micro account on 25 dollar and i lost em all :D