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Ok,
First I have to mention that I am a complete newbie in forex and shares and that the money are not real, but from a demo account, thus simulation.
Here is the deal:
http://lmdesign.net/clp3.jpg
(save the picture to see it with better quality...its not a virus, calm down :)
So, when I started my balance was 50, 000...now you see it's
50, 300...the same is my "Equity".
When I started my Equity was slowing down to 49,600...I guess that means that the money I was spending to buy shares and forex are about 400$...
So, at the end I need to mention that I bought 20 lots from
Rolls Royce, because I saw that it was big difference from the "low" and "high" there- 437(low)-445(high).
I have also bought 10 lots of EUR/JPY and others pairs with EUR and GBP.
As you see I am completely new at the stuff...but am I right that I have spend only 400$ and end up with 700$ for an hour?
Thanks alot!!!

2006-12-20 02:51:20 · 3 answers · asked by Bobi G 1 in Business & Finance Investing

3 answers

Hi, Im not a newbie to the trading,I do it 3 years already ,first 2 years were terrible,then I found www.4xgenie.com ,signed up for their servis (free for 3 weeks,then just $90/monthly) and now I m between $500-$700 daily.
You have to use MSMS555 code to get it for free first.Good luck.
If you have any q's, they will be answered. Great support , plus they have a chat room for traders,so you can see its not a scam or something.

2006-12-20 03:39:06 · answer #1 · answered by sil 3 · 0 0

I'm not sure what your question is but you can just as easily lose that $300 in a second. Forex is not for newbies. Its a rigged market. I once made $30k in half an hour on a stock. It was gone the next day almost as fast. Be careful because if you don't know what you're doing that $50k will be gone in a heartbeat. Or is this all a simulator that your running.

2006-12-20 03:03:17 · answer #2 · answered by John Galt 3 · 1 0

just check the acct equity before and after. But it looks like you made your self some handsome profit. But unless this is your first and last trade, which more likely than not, you need to know fast that trading is a series of trades. Making consistent profitable trades in the long run and have a strategy to do that. Assuming you have demo a series of trade, plug in the numbers into this "
Trading Strategy Realiity check utility". an Excel program that randomize your trading results and see if you still come out on top. Like business, cashflow is everything. Check it out at http://www.geocities.com/lcming/Forexbooks ...scroll right to the end for it.

2006-12-21 17:40:30 · answer #3 · answered by Anonymous · 0 0

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