lbst

Joined May 19, 2014

Connections: 0

Experience: 1-3 years

Location: Australia

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Recent Posts

KonstantinFX Aggressive Live- One Million Dollar Account

Hi,looks like the account was blown up shorting dax futures? I've been following this account for a while, it's very disheartening to see this happen.lbst

4205

Mar 14, 2015 at 14:09

LOST $14 k for 0.01 USDCHF LOT SIZE .Please help !

I went over my calculations and I have a good degree of confidence the 14k loss would be correct under such circumstances. I still hope the OP got reimbursed for such a horrible quote from the broker that obviously wasn't right.To reiterate, this formula is from a mainstream broker. Let's conside...

5991

Feb 26, 2015 at 07:57

LOST $14 k for 0.01 USDCHF LOT SIZE .Please help !

For me this is a work in progress, so don't take my word for granted and double check with your broker.I think we need a more 'openness' on how FX trades PL is calculated.Yes we know that currencies move very little, but how can we trade without considering tail risks?

5991

Feb 03, 2015 at 08:18

LOST $14 k for 0.01 USDCHF LOT SIZE .Please help !

It appears so.

5991

Feb 03, 2015 at 08:18

LOST $14 k for 0.01 USDCHF LOT SIZE .Please help !

Assuming this is CFD trade and not a real foreign exchange trade - I find the fact that your calculation is the same as the loss disturbing.In a CFD, you are credited (or debited) the difference between the value of the contract at open and the value at close or offset. The underlying provides th...

5991

Jan 24, 2015 at 18:13

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.16013	GBPUSD	1.35427
USDJPY	159.656	USDCAD	1.38872