Pip… trust me i know how you feel. And by hail marry i was referring to foot ball as in a long pass where the balls just stuck in the air and every ones praying the reciever catches it because its a desprate move and if he messes it up then its game over. By the way managed to straighten things out a bit hail marry worked. Not gonna put it all here but been running all over post all morning. Everythings back to normal… or atleast on track… well atleast on track to my origonal intentions. Yess my spelling is horrible on my phine. No spell check.
Are you trying to be Tim Tebow now doing Hail Mary out in the field?lol. By the way, my brother is currently in South Korea too in Airforce. I will finally got to see him next week after 1 year 1/2 not seeing him and so as my family in the Aussie. So excited! Not sure how far the Airforce base to the Army base. My brother loves it there.
Keep your head up high. You can and you will make it. There is no other way but Up 
True statement. no other way than up. and air force is a lot more laid back than the army and living conditions are a lot nicer. Ok so putting $50 into the account here now… yeah I can see your eyebrows raise from there but… realistically that $50 wont help or hurt if i dont use it and it has the odds of helping if i do… by the way pips I cant but help to notice your way of putting things. thinking into the solution. If I didnt think it were impossible how would i do it?
Thanks
Matt
[QUOTE=“avilanch2001;495185”]True statement. no other way than up. and air force is a lot more laid back than the army and living conditions are a lot nicer. Ok so putting $50 into the account here now… yeah I can see your eyebrows raise from there but… realistically that $50 wont help or hurt if i dont use it and it has the odds of helping if i do… by the way pips I cant but help to notice your way of putting things. thinking into the solution. If I didnt think it were impossible how would i do it?
Thanks
Matt[/QUOTE]
Do you have a trading strategy?
Yes. complete with rules. for those of you who wanna follow along i have my fx book set up… I have $45 in there now and will get the bonus in as soon as i trade i think its like $6 or something… theres the link to myfxbook. $50 System | Myfxbook
[QUOTE=“avilanch2001;495187”]Yes. complete with rules. for those of you who wanna follow along i have my fx book set up… I have $45 in there now and will get the bonus in as soon as i trade i think its like $6 or something… theres the link to myfxbook. $50 System | Myfxbook[/QUOTE]
How long do you think it will take to turn that 50 into 100?
depends on the setups I get. My first trade after I opened it didn’t move the way i liked it to so I closed early with only a $.30 gain so I gues wait and see. Future trades will be more profitable.
risk per trade?
.10 on a 1:200 leverage account. 5 digit price. I know way too high risk but no point in doing anything less.
ten cents? or .10 lots?
and there much of a point doing less. if youre here to gamble thats cool i support that lol. but if you want to trade long term you arent gonna turn that $50 into anything but $0 over leveraging. now if you turn that fifty into say $500 or whatever then eventually turn your risk down thats cool. but you will have a string of 8 losses at some point i promise just make sure you can weather the losses.
if gamble that $50 into anything by overleveraging consider yourself lucky please. and turn the risk down as soon as possible.
And dont give up just cause you blow an account. demo trade until you get more money to fund a live account.
Hi friend, I experienced almost the same experience as yours and I started with 20$ I made relative good profits but after that I lost step by step almost all what I have and remained only 0.35$ in my account … I can’t have more capital or exactly it’s very difficult even impossible to refund my account … but I learned that a small capital involves high risk as you have to slip your capital to small amounts for trades and you have to use high leverage that makes the trade very risky… it’s not impossible my friend but really difficult to trade with a small starting capital … it makes money management very difficult and involves very high risk … even if you try scalping… I also made wonderful results with demo account but you know demo account and live account are very different from the point of view “trading psychology” that impacts a lot the trading … for my case I have gone back to demo account to learn more and started to work online freelance jobs to get a starting capital with which I can trade comfortably … there’s a thing that may help you … it’s copytrading but I don’t know if your broker offer this kind of services … it’s about assigning some money as capital to a trader you choose and you thing he’s a successful trader to copy automaticaly all his trades … this manner may at least make your money growing slowly until you have more money to trade really comfortably…
that’s what I’m doing … I made online jobs … I sent the money to my forex account and made copytrading … in the same time I make some trades and it works good enough … if you want more advices just tell me so I can help go out of this disappointment … I had same experience as yours…
Thanks ocean that’s great. and yes my broker offers copy trading. I tried it once and found its super hard to accept some one else trading on your account especially when you don’t see or know their system of trading. my own head beat me there. either way though I will look into freelance work online though I don’t get much time to do extra work… even the trading I do is on lunch break and free time then when I’m off work. maybe ill give it a try though. I know odesk. My wife made an account on there also hopefully she can get some kind of work and maybe me too.
Thanks
Matt
Bro, Your trading is sh!tty, and your going to blow your account maybe even today if you keep trading… Your out of hand, your head isnt right, you busted your A$$ to get that $50, and your blowin it…
Just sayin, Get straight dawg!!
I dont see any posted trades. how do you know? Is there a myfxbook I am missing?
In general i don’t understand so much grief over $50 bucks seriously, cant even buy an xbox game. but everyone has to start somewhere. Honestly I don’t think this guy should be trading if he cant spare that much.
He is down 82% in 6 hours,
$50 was a nice egg to start with,
How do you know that? even so accounts are considered blown at 37.5% in my book. how is $50 a nice egg. I guess if your used to $5 accounts it is. but in what business en devour is $50 considered a good investment size?
Stop picking.
[QUOTE=“MeiHua;495304”]
How do you know that? even so accounts are considered blown at 37.5% in my book. how is $50 a nice egg. I guess if your used to $5 accounts it is. but in what business en devour is $50 considered a good investment size?[/QUOTE]
Scroll back a few posts meihua… He posted his myfxbook… He blew his account already lol. shakes head
Hello Matt
About the $50 acct. I have a $50 mini acct which I intend to increase, however I know gaining a few pips a trade will take a few months just to get over $100. So I have taken $ (money) out of the equation, and just focus on my trading plan,my strategy and aim for successful trades; this works to my advantage. You need to be patient with yourself. First you have a lot on your mind so trading full time seems to be out for now. Keep learning as you go. YES, Don’t give up. This is Do-able.
Best Wishes Nita
Like I said in my previous post… You cant just walk into any profession and expect to make it…sorry but the irony here has just been proven.