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xmess7
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Postby xmess7 » Mon Oct 27, 2008 3:15 am

marypipins wrote:Hello Everyone..
i just wandered over here from Babypips and first want to thank you all for a wonderful thread, especially you Tro, the daddy of it all..lol I hope to follow the thread here and learn and be half as succesfull as many of you.. thanks.. Julie :P


hey, Julie, you made it over. Kewl. I posted an answer to your FXCM question.

With patience and an open mind (especially that) you will succeed.
Just keep it simple and do what is indicated.
I still go back and re-read the babypips post.

So, as you probably already know, you never stop learning.

Jess

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xmess7
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Postby xmess7 » Mon Oct 27, 2008 3:27 am

TheRumpledOne wrote:No.. the % is how much of your trading account that you are using.

If you have $500 in your account and are trading 1 minilot then you are using 20%.



TRO isn't that 0.2%?

From what I understand 1 minilot is 10000 currency units
Therefore 1 pip will be about (depends in currency) $1.

(1/500) * 100 = 0.2%

Let me know man...

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Postby marypipins » Mon Oct 27, 2008 3:35 am

Jess...

So we meet again..lol this is like first day at a new school.. you follow the first person thats nice to you..lol again, thanks for your thoughtful replies.. just warning you..many more questions to follow..lol.. julie

xmess7
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Postby xmess7 » Mon Oct 27, 2008 4:03 am

ewokuk wrote:hmmm i should do that, i got bored trying to teach myself though :P


LOL :lol:

xmess7
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Postby xmess7 » Mon Oct 27, 2008 4:06 am

marypipins wrote:Jess...

So we meet again..lol this is like first day at a new school.. you follow the first person thats nice to you..lol again, thanks for your thoughtful replies.. just warning you..many more questions to follow..lol.. julie


No worries. Lately my email accounts have come alive (real mail non if this spam stuff LOL). It's been like 10 years since I was this active on the net. Believe it or not I can still multitask LOL.. Although Linux helps alot!

Bring them on!! I will try my best to help.
But in the end you have to figure out for yerself how this stuff works ;)

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 4:29 am

xmess7 wrote:
TheRumpledOne wrote:No.. the % is how much of your trading account that you are using.

If you have $500 in your account and are trading 1 minilot then you are using 20%.



TRO isn't that 0.2%?

From what I understand 1 minilot is 10000 currency units
Therefore 1 pip will be about (depends in currency) $1.

(1/500) * 100 = 0.2%

Let me know man...


1 mini lot costs $100, that's 20% of a $500 account. The most you could buy is 5 minilots.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

xmess7
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Postby xmess7 » Mon Oct 27, 2008 5:30 am

TheRumpledOne wrote:
xmess7 wrote:
TheRumpledOne wrote:No.. the % is how much of your trading account that you are using.

If you have $500 in your account and are trading 1 minilot then you are using 20%.



TRO isn't that 0.2%?

From what I understand 1 minilot is 10000 currency units
Therefore 1 pip will be about (depends in currency) $1.

(1/500) * 100 = 0.2%

Let me know man...


1 mini lot costs $100, that's 20% of a $500 account. The most you could buy is 5 minilots.


Oh ok you are talking about leverage..
So for example. with a 1:100 leverage.
Your margin is aprox 10000 currency units/100 = $100 (depending in currency you are dealing with).

Thnx, I'll adjust my calculations for different leverage.
kewl.

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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 2:21 pm

TRO_HL_HISTOGRAM

Image

TRO_HL_HISTOGRAM makes it easy to see how many pips you can make using the Buzzard/BuyZone strategy.


TRO_HL_HISTOGRAM MT4 INDICATOR, along with source code, attached.
Attachments
TRO_HL_HISTOGRAM.zip
(2.43 KiB) Downloaded 376 times
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 2:30 pm

Image

Simple.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Oct 27, 2008 2:32 pm

Image

Buzzard For Dummies... way too funny!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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