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  • commisions and swap are different things
    Originally posted by marcs View Post
    before joining I'd liked to check what account to use. The master account is an Alpari NZ account.
    I have accounts at Alpari UK, it has higher spreads, but there are no commissions.
    When I calculate the PL for any of the closed trades of the master account I notice that the effective realised gain is allways lower then the calculated gain. So I assume that is because there are commissions involved.
    May I assume that the higher spread on my Alpari UK account will of course result in lower PL, but that that will be neutralised thanks to the absence of commission costs?
    Any comments are wellcome. Is anyone using also Alpari UK?

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    • Dmitry , please be advised you should take great care for opening new sell orders for gbp/jpy at this stage because this pair is on uptrend which is strong at moment. (If you look both of usd/jpy and gbp/usd , the uptrend is nowhere near to end)

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      • Originally posted by richardlivefrex View Post
        Dmitry , please be advised you should take great care for opening new sell orders for gbp/jpy at this stage because this pair is on uptrend which is strong at moment. (If you look both of usd/jpy and gbp/usd , the uptrend is nowhere near to end)
        Hi Richard,

        He obviously disagrees, that's why he is in the trade. Please keep in mind we don't need your 2 minute analysis of the GPBJPY chart. I know you might be trying to help, however giving trading advice to a professional trader in the middle of a position does the opposite.

        A short move seems very feasible to me, all you need to do is look at the 1hr chart to see we're at the top of a horizontal range.
        Click here to check out the most popular forex channel on YouTube

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        • Originally posted by richardlivefrex View Post
          Dmitry , please be advised you should take great care for opening new sell orders for gbp/jpy at this stage because this pair is on uptrend which is strong at moment. (If you look both of usd/jpy and gbp/usd , the uptrend is nowhere near to end)
          I agree with Rehard. I don't understand why he piles up and up trying to fight against trend. If he survives from this fight I will admire him.

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          • Nick, you may wish to revise your minimum $200 balance for this signal. I just signed up with $200, and it's now halved in a matter of minutes. I have added a more sensible amount of money, but $200 is just not going to cut it. When SS is trading 0.01 lots on $560, we still get 0.01 lots on $200, which is more risk than the scaling would suggest.

            Comment


            • Originally posted by idempotent View Post
              Nick, you may wish to revise your minimum $200 balance for this signal. I just signed up with $200, and it's now halved in a matter of minutes. I have added a more sensible amount of money, but $200 is just not going to cut it. When SS is trading 0.01 lots on $560, we still get 0.01 lots on $200, which is more risk than the scaling would suggest.
              Another potential issue is that when lot sizes are increased on the master account they remain at 0.01 on mine (I am trading a $200 account having lost $900 last time and topped up by $150). Currently all positions are at 0.01 lots on my account so any reversal will not be as effective.

              Comment


              • Originally posted by idempotent View Post
                Nick, you may wish to revise your minimum $200 balance for this signal. I just signed up with $200, and it's now halved in a matter of minutes. I have added a more sensible amount of money, but $200 is just not going to cut it. When SS is trading 0.01 lots on $560, we still get 0.01 lots on $200, which is more risk than the scaling would suggest.
                Good point. This was left over from when the account was larger.

                I've made the change. Thanks for the advice.
                Click here to check out the most popular forex channel on YouTube

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                • So if im US 1:50 what do I do?

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                  • Personally, I have just taken my losses and gone back to demo. Note to self: don't let greed rush you

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                    • Originally posted by idempotent View Post
                      Personally, I have just taken my losses and gone back to demo. Note to self: don't let greed rush you
                      As have I. Enough is enough - this signal is not for me. Good luck to those staying with it!


                      Sent from my iPhone using Tapatalk

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                      • I am still holding onto the trade, my account balance is currently larger than his so dd is not yet that significant, still hoping for that big swing down. I still trust his judgement and only have myself to blame in d end.

                        Sent from my GT-N7000 using Tapatalk

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                        • After being kicked up the ass twice in one week I am not taking any chances, closed my positions last night at a -10% loss when there was a slight retrace, I would not have slept otherwise, glad I did as it has spiked even higher, good luck guys, I hope it works out for you.

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                          • I have had another margin call, broker closed the "second" basked, I hope he will wait retracement for the "first" basket before close

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                            • As idempotent pointed out earlier, anyone who has a balance less than SS's account is at a higher risk since now, SS only opens .01 lots, even if you have reduced risk setting, it won't make any difference since .01 is already d minimum lot..

                              Sent from my GT-N7000 using Tapatalk

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                              • I see the MyFXBook page has not been updated for 9 hours now

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