It is in S$, I am looking to increase the lot size from 0.1,/0.2, so that I can spend less time on scalping, hopefully it work out to be good.Keep up the good work!
My takings for this week is US$709.20 x 1.34 = S$950.33. Lose you out by S$30.00 if your figures are in SGD.
Mod more jsk huat gaogao from stock pick which I am poor atJsk!!
However need to have ample margin. As time goes by I will increase the size of my balance sheet gradually.
Your S$980 weekly takings are solely from Forex or combine with MSCI Index profits?
Scalping is very time intensive and not suitable for people with full time jobs. Scalping with 0.1 lot is very hard work. Scalp for more than 12 hours if can earn US$50-80/daily considered a good day liao.
2 months ago ever since I hoot standard lot scalping the profits increased tremendously. One day kio peanut pips also not bad. Eg. 20 pips = US$200.
By the way I have mentioned before that my foray into standard lots is due to a 'fat finger' mistake. Key in wrongly and open a US$150,000 contract! It was a blessing in disguise as otherwise I would still only whack mini lots.
Initially seeing your position down by a few hundered USD in just a few minutes can be very distressing. After I crossed this line my risk appetite increased. So far so good as long as I don't touch GBP. Pui, pui, pui!
All the best to your experimentation.
Wow that means your combined profits are pretty good liao.
Are you trading full time now? I know I am for sure.
Your S$980 weekly takings are solely from Forex or combine with MSCI Index profits?
Scalping is very time intensive and not suitable for people with full time jobs. Scalping with 0.1 lot is very hard work. Scalp for more than 12 hours if can earn US$50-80/daily considered a good day liao.
2 months ago ever since I hoot standard lot scalping the profits increased tremendously. One day kio peanut pips also not bad. Eg. 20 pips = US$200.
By the way I have mentioned before that my foray into standard lots is due to a 'fat finger' mistake. Key in wrongly and open a US$150,000 contract! It was a blessing in disguise as otherwise I would still only whack mini lots.
Initially seeing your position down by a few hundered USD in just a few minutes can be very distressing. After I crossed this line my risk appetite increased. So far so good as long as I don't touch GBP. Pui, pui, pui!
All the best to your experimentation.
Yes of course with bigger contracts it can go both ways.
Got some bros here open 4-6 standard lots for one currency pair. My one is considered peanuts liao haha.
Gold retreating. USD climbs.
The best day to trade as North Korea tension eases for the time being. Otherwise I would not be up so early.
