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Old 08-15-2007, 04:11 PM
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dpaterso dpaterso is offline
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Hi,

Ok - well - I have not done the math - but I really think that the reason that this is working so well for me is purely because of the number of pairs that I have open at any one time. What I'm saying is this: with that kind of money I would open an account at Delta Stock purely because you could buy lots of 1000 units (I suppose that lot size would be equivalent to mini lots - my lot size is set to 100000) on quite a few pairs and for some or the other reason (I know there is a mathematical explanation to this) the cost of a lot i.e. the amount of margin used is NOT a fixed amount i.e. it differs per pair whereas at my other two brokers - one is $50 per position minimum - and the other one is $1000 for one full lot (or $100 for 0.1 lot). The point is - at Delta - I am able to afford to open many more positions on different pairs than at the other two. Basically - from what I gather - at the other two brokers - you buy a fixed amount of currency - whereas at Delta - the amount of currency that you buy is dependant on the amount that you wish to spend. I don't quite really know how to explain it in words correctly. My leverage at Delta is 200:1 (I think) i.e. margin percentage is 0.5%. I hope that makes sense.

Edit:

Put it this way: at all the brokers I have laid out about $11K to make the $20K (it's back again by the way as I type - I so excited I could throw a party - taking everything I have to not close out) so - I'm figuring - with your money - just take off a zero i.e. approximately $1K should be making $2K right at this minute (by the way I have thirteen pairs / postions open at the moment).

Regards,

Dale.

Last edited by dpaterso; 08-15-2007 at 04:17 PM.
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