Currencies hints for monday ?

Bart Wilde

Hi there.

Just looking for currencies tips for Monday.

I have got free 20 bucks from http://www.plus500.com/?id=783&pl=1 and I want to invest them with 1:200 ratio in some currencie on monday.

I was thinking about usd/cad, do you have any other propositions?

Zorba

Bart Wilde wrote: »

Hi there.

Just looking for currencies tips for Monday.

I have got free 20 bucks from http://www.plus500.com/?id=783&pl=1 and I want to invest them with 1:200 ratio in some currencie on monday.

I was thinking about usd/cad, do you have any other propositions?

Firstly how long have u been trading curriences ?

Well u can say goodbye to your 20 bucks, trading at 1:200 leverage is a sure way to loose money, assuming u "invest" your 20 bucks on one trade that trade will be worth about $4 / pip move which means a 5 pip move and your money is gone, also bearing in mind that the average spread on Loonie is 5 - 6 pips youve lost before you've even started !

Bart Wilde

I am playing since circa 2 years.
Normally I was playing on Oanda with ratio 1:20 on eur/cad - eur/chf and it was rewarding. I was up to moving to OIL but on plus500 you have to invest at least 100 bucks to start trading on them.

I am looking now for 1 - minutes investments by trying to feel trends.

By doing that on Oanda i was able to make 2-6 % a day. Yeah, 1:20 ratio is gives you lower risk, but for free 20 bucks you can risk more :pac:

Zorba

Bart Wilde wrote: »

I am playing since circa 2 years.
Normally I was playing on Oanda with ratio 1:20 on eur/cad - eur/chf and it was rewarding. I was up to moving to OIL but on plus500 you have to invest at least 100 bucks to start trading on them.

I am looking now for 1 - minutes investments by trying to feel trends.

By doing that on Oanda i was able to make 2-6 % a day. Yeah, 1:20 ratio is gives you lower risk, but for free 20 bucks you can risk more :pac:

If your making 2-6% a day u don't need advise from anyone here especially at 1:200 ratio, as for needing 100 bucks for plus500 just take some money outta your Oanda account, it should be pretty healthy with them gains your making ?

Bart Wilde

Zorba wrote: »

If your making 2-6% a day u don't need advise from anyone here especially at 1:200 ratio, as for needing 100 bucks for plus500 just take some money outta your Oanda account, it should be pretty healthy with them gains your making ?

I WAS making 2-6%, but one day because my stupidity and no internet access I have lose everything


On monday I just wanna play for fun

Well its free money :P

Zorba

Bart Wilde wrote: »

I WAS making 2-6%, but one day because my stupidity and no internet access I have lose everything


On monday I just wanna play for fun

Well its free money :P

Yes i've lost a few accounts my self along the way, nothing major though, which is why i always use stops now.

As for Cad i'd be looking for shorts only, but that's just me.