InvestorsHub Logo
Replies to #28104 on FOREX TRADERS

SherriT

12/19/08 1:30 PM

#28108 RE: Worn_Buffet #28104

Did not take offense whatsoever....I just didn't want you guys to think I wasn't keeping up with the convo ;-)

I think your money management ideas are very sound. I am aggravated that I put 3K in in September and really didn't learn my strat until I was at half that....however, building back up from $600, and now from the lower depths has really been a good challenge for me and taught me that playing small and riding them out is really the best way. My two worst trades when I started from 3K were a loss on 15 minis and on 20 minis....if I had been small, I would have been totally fine.

I did double the practice account in the last week (from 6K to 14K) and the live one is up 20% on the week, so I guess it was good nonetheless.

I think the U/J is starting to form part of a bottom, particularly since the overwhelming trade is long. Japan isn't going to let the yen continue to gain on the dollar that way....

Was your 1K live or demo?

strongtower

12/19/08 4:07 PM

#28113 RE: Worn_Buffet #28104

I personaly think Oanda is the best all around broker but I have noticed that when huge news comes out and very large volume Oanda stops working or slows to a crawl for some reason but usualy corrects it's self but this time it is going on for awhile. hope it works it's self out on monday.