Hi all, New here obviously.
I have one question lol. Im having an extremely hard time finding brokers ECN specifically that have very small spreads less then a pip. I found one but not sure if they are reputable or not. I currently have oanda and EUR/USD is typically a spread of 1.4 and upwards.
I have always been in to the markets etc and recently came upon forex and figured why not? My biggest issue has always been capitol thus never being able to trade stocks they typically require alot of money…
I have screwed around with oandas demo for a few days and decided to go live using $50 simply because I felt I wasnt really getting the emotion out of the demo… Well after 3 days trading I am up $2.51 I did the math it ended up being about a 8% daily gain my math skills suck but 2.51 off $50 in 3 days I think is pretty decent. And on top of that I only lost 41 whooping cents.
I am going 1:50 simply because of the smaller investment. I typically go in trades at 1000 a pop. Well thats all I can think of right now. Oh and I dont really have a strategy persay… I do the whole buy low hope it goes up sell high and vice versus. obviously it worked I guess its the whole flip a coin cliche but I will use it until I find a strategy that I can actually understand.
