prochargedmopar wrote:aliassmith wrote:kiwiarian wrote:
I got lost on the US30 vs EU conversation, showing my naivety here ,for someone who is not in the US who could access Canadian or Aussie brokers what would be the preferable 24hr instrument to trade ?
right or wrong, I am learning on EU.
If you are learning EU then stick with it if you have a connection with it.
I personally don't favor high volatility instruments.
I also don't favor trading one that is a turtle.
The way Don_xyZ trades EURUSD suits him well.
The way Prochargedmopar is trading US30 suits him well
They both tend to trade high stakes.
I think Don_xyZ has said 6% on a trade and 1% a pip.
PRO has been known to go over 10%.
When you risk that high you should be able to hit 50% to 100% in a day. 1:500 leverage can be a blessing and a curse. Far as I know the only thing more volatile is weekly options on Fridays. Your whole account can be zero in 1 day.
In the right conditions Don_xyZ can double his account with 20 pips. 1 pip SL and 5% risk. 1 pip = 5%
10%?!?!
Boi;
Ur not giving me the credit I deserve. LOL
"It's ALL Risk Capitial"
Thats all I could confirm at the time.
