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Post# of 42555
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Re: javalin post# 26101

Monday, 11/17/2008 4:41:03 PM

Monday, November 17, 2008 4:41:03 PM

Post# of 42555
The Ibox should have all the info for ya....welcome to the board...I suspect this'll be occuring "a lot" (pun INtended) over the next several days as folks grab their fxcm/cnbc $$$.

Micro lots cost ya $2.50 & that gets ya .10 cents per pip.....if u r with fxcm then you can only be on 400-1 leverage..nothing less.

So 1 micro @ 2.50 will allow you 10 lots....careful tho....no more than 1 lot per trade...dont try & attempt any more than that....unless you're aware of all the correlations u r destined to hedge yourself...& if you dont happen to hedge yourself....you run the risk of losing your $$$ even faster if u get into a trade/positions that go against ya. Best to keep it simple & if ya find u r up .50 cents to $1 on any trade..take it & move on to the next opp.

try & build the acct up slowly so as to create a decent cushion...then over time u could consider taking larger risks...more pips, larger lots.

if ya dig hard enuff here u wull find lotza good info...but do take a gander @ the Ibox 1st.

GL & again, welcome!!

Cheers!!


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