Replies to post #55195 on Simple's Green Room

[omar572]

Good Morning SG - The rule does not effect me as my account is an off-shore broker but several months ago I came across something which may be of use to you and your wife - video link below

[kermit42]

In the end, there is no practical difference (profit and loss is the same), but it can make bookkeeping a pain in the ass.

Thanks for your earlier post. I find the different ways people approach FOREX endlessly fascinating. My own goal (I'm not there yet) is to use the most stripped down simple method I can consistently win with and take advantage of the endless scalability of FOREX to make my money.

You can, with a big enough position, live like a king for a year off one pip. My goal is to live well off a handful of pips a day made before I'm done with breakfast.