[dpaterso]

Hello,

Pleasure for everything.

I must say that you make some interesting points about Wilder and those years i.e. I have not actually thought about that either i.e. what WOULD Wilder have done had he HAD the tools that we have today at our disposal. Certainly something to think about. (Sometimes I feel terrible when I post something like this i.e. it almost comes across like the man is dead. Well he is NOT dead BUT he / they do not want to provide support on the book i.e. he / they did help me out once or twice last year but made it very clear that the book and the systems therein are sold 'as is' and no support is offered OTHERWISE believe me I'd have asked him ALL of these questions myself)!!!

If you open a CFD account i.e. access to stocks, commodities, indices, gold, silver, and forex pairs then the forex pairs that you have available to you to trade on this account will ONLY be the major pairs and a few crosses but I think this is OK i.e. these are the only forex pairs I'm trading (even at Delta) for clients anyway SO you CAN open an account at GCI under this little 'arrangement' and have access to THOSE forex pairs. You just need to let me know if and when you want to do this so that I can open the 'deposit account' and transfer the money. Once that's done then you just go ahead as 'normal'.

Look: I am NOT trying to scare anyone off from GCI and the instruments that they have on offer i.e. the problem is WHAT you trade and HOW MUCH OF IT you trade and like I said before: I've seen a single $50 lot at 200:1 leverage turn to a loss of more than $400 in a morning!!! I suppose what I'm saying is this: trading those things requires a lot of 'respect' i.e. it's not like trading something like EUR/USD where you can afford to 'mess up' or miss a stop and reverse signal now and then and NOT wipe your account out ESPECIALLY on the longer timeframes and, admittedly, at the time of this 'Soybean crisis' I was trading ONLY the daily charts so by the time you find out you're 'wrong' and in a 'bad trade' it's too late i.e. only the next day or at the close today do you find this out and by then you're down the $400. That's where there is a big difference.

Anyway: whatever you decide is good for me; just keep me posted if you need me to do anything.