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HOPE ALWAYS GREEN PIPS......
Friday, December 31, 2010
Thursday, December 30, 2010
GU short....
1.5492 short GU....trying scalp short GU.....anyway becareful....now i'm close all GU long for +93 pips...
Wednesday, December 29, 2010
Tuesday, December 28, 2010
Monday, December 27, 2010
GET FREE BONUS FOR CG FORUMER USD 150 / RM464!!!!
GET FREE BONUS FOR CG FORUMER...hurry up usd150 can trade directly after that...
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Sunday, December 26, 2010
Saturday, December 25, 2010
Compounding forex winnings to get rich.???
TRUE or MYTH....
Many people see forex as a way of getting rich fast. One of the ways they hope to get rich fast is by compounding their winnings. This means they will place a trade, win, and then increase the size of their next bet, using the winnings from the previous bet.
This can seem like a great way to make loads of money. After all if your strategy allows you to win an average of £10 with every £100 bet, you should be able to win £20 with each £200 bet. Right?
Let’s go with this assumption for now and have a look at what happens if you compound your winnings.
First of all what is a reasonable amount of money to start with? Let say 1000 units of your currency. This could be 1000 Pounds, 1000 Dollars, 1000 Euros, it doesn’t matter the result is the same.
If you have £1000 to start with then let’s say you are able to increase your capital by 1% per day. That would mean turning £1000 into £1010 on the first day. How hard could that be? You have a whole day and you only have to make £10. On the next day we’d place bets using our £1010 and we should be able to turn it into £1020.40.
It doesn’t sound difficult does it? Of course some days may be better than others but for the purposes of our experiment we are assuming an average of 1% per day increase in capital.
WILL START THIS PROJECT JAN 2011....
Many people see forex as a way of getting rich fast. One of the ways they hope to get rich fast is by compounding their winnings. This means they will place a trade, win, and then increase the size of their next bet, using the winnings from the previous bet.
This can seem like a great way to make loads of money. After all if your strategy allows you to win an average of £10 with every £100 bet, you should be able to win £20 with each £200 bet. Right?
Let’s go with this assumption for now and have a look at what happens if you compound your winnings.
First of all what is a reasonable amount of money to start with? Let say 1000 units of your currency. This could be 1000 Pounds, 1000 Dollars, 1000 Euros, it doesn’t matter the result is the same.
If you have £1000 to start with then let’s say you are able to increase your capital by 1% per day. That would mean turning £1000 into £1010 on the first day. How hard could that be? You have a whole day and you only have to make £10. On the next day we’d place bets using our £1010 and we should be able to turn it into £1020.40.
It doesn’t sound difficult does it? Of course some days may be better than others but for the purposes of our experiment we are assuming an average of 1% per day increase in capital.
WILL START THIS PROJECT JAN 2011....
Friday, December 24, 2010
Thursday, December 23, 2010
Wednesday, December 22, 2010
Tuesday, December 21, 2010
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