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Thread: Can anyone take me by hand and show me how to trade with my $25 bonus?

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    In Profit webwareshop's Avatar
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    Default Can anyone take me by hand and show me how to trade with my $25 bonus?

    Hello Good Traders.

    I need someone who has done it before to show some of us new in this forum how to trade with $25 bonus using standard account before depositing fund.

    Someone said it is possible but no know-how!

    I will appreciate sharing your experience.

    Thanks

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    You just need to be a very good trader in order to grow the $25 without losing
    Jafar Calley - Director
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    Default I found it out

    I found it out - it is here for newbie's benefit

    "To be able to trade with 25$ you need to increase your leverage to 1:500 via trader's cabinet so you will be able to open 0.1 lot USD/JPY, AUD/USD, USD/NZD, USD/CAD ."

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    Quote Originally Posted by webwareshop View Post
    I found it out - it is here for newbie's benefit

    "To be able to trade with 25$ you need to increase your leverage to 1:500 via trader's cabinet so you will be able to open 0.1 lot USD/JPY, AUD/USD, USD/NZD, USD/CAD ."
    Yeah......we discussed it here.

    Guys: IT'S NOT USD\NZD. IT'S NZD\USD.
    Last edited by fat.trader; 11-15-2007 at 07:22 AM.

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    Quote Originally Posted by fat.trader View Post
    Guys: IT'S NOT USD\NZD. IT'S NZD\USD.
    Take another look
    Jafar Calley - Director
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    Default

    Quote Originally Posted by RebateFX.com View Post
    Take another look
    If u wanna be illiterate- be it your choice


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    Quote Originally Posted by fat.trader View Post
    If u wanna be illiterate- be it your choice
    Now why did I read that round the wrong way?
    Jafar Calley - Director
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    Quote Originally Posted by RebateFX.com View Post
    Now why did I read that round the wrong way?
    This is the accepted way to quote USD to NZD, where NZD is the base currency, & thus we get the NZD\USD currency pair. Reverse calculations are made for personal convenience only, I believe(but when u say usd\nzd the meaning is totally different if u said nzd\usd). Lastly, in 99.99999% of the cases this pair is quoted as stated, even @ fxopen.com

    sm_smile
    Last edited by fat.trader; 11-15-2007 at 07:56 PM.

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    Quote Originally Posted by fat.trader View Post


    This is the accepted way to quote USD to NZD, where NZD is the base currency, & thus we get the NZD\USD currency pair. Reverse calculations are made for personal convenience only, I believe(but when u say usd\nzd the meaning is totally different if u said nzd\usd). Lastly, in 99.99999% of the cases this pair is quoted as stated, even @ fxopen.com

    sm_smile
    Yes I know that. Please excuse my temporary insanity. Everything is totally SNAFU toothy9
    Jafar Calley - Director
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    Quote Originally Posted by RebateFX.com View Post
    You just need to be a very good trader in order to grow the $25 without losing
    Remember what Rebatefx said. haha!

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    Unhappy But I lost all the money i made with $25

    Just as the moderator warned that you have to be exceptional trader to make something out of trading $25.

    I grew the $25 to reach $236 within 4trading days only to loose all as a result of bad money management, greed, and hope by neglecting a fundamental principle - Always set a stop-loss in any trade. - GBP/JPY is disastrous in many cases.

    All hope is not lost

    Members watch out for GBP/JPY

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    You need a trade plan

    Use 0.1 Lot size for every $500 account balance.

    So with $25 you continue to use 0.1 till you reach $500 then choose to use 0.2


    *****
    Its a different matter that i use a leverage of 1:25 to make things simpler for myself

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    Quote Originally Posted by junglelion View Post
    You need a trade plan

    Use 0.1 Lot size for every $500 account balance.

    So with $25 you continue to use 0.1 till you reach $500 then choose to use 0.2


    *****
    Its a different matter that i use a leverage of 1:25 to make things simpler for myself
    Thank you my brother! I felt other people need to learn from my mistakes.

    I never allowed my balance to reach $500 before changing my lot from 0.1 to 0.2. The mistake looked costly for me.

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    Default

    Everybody is greedy, and nobody is thinking that the profits they earned can be lost when they compound. For me, it's good to compound monthly, instead of daily. It's easier to maintain, and safer...

  15. #15
    anujgoyal.1
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    Default what r the benefit of using 1:25

    Quote Originally Posted by junglelion View Post
    You need a trade plan

    Use 0.1 Lot size for every $500 account balance.

    So with $25 you continue to use 0.1 till you reach $500 then choose to use 0.2


    *****
    Its a different matter that i use a leverage of 1:25 to make things simpler for myself



    please tell me y u use 1:25 not full 1:500

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