Thread: Blessing 2
View Single Post
  #248 (permalink)  
Old 11-23-2008, 06:36 PM
ChicagoRob ChicagoRob is offline
Senior Member
 
Join Date: Mar 2008
Posts: 429
ChicagoRob is on a distinguished road
Quote:
Originally Posted by ElectricSavant View Post
I am so conservative I am trading a penny per pip in my IBFX mini account on 1K live....lol...perhaps I can turn MM on....
When you guys post about .01 I think you mean 10 cents a pip...

BUT REMEMBER....

There are many IBFX mini account users here .01 means 1 penny a pip to us...

ES
I'm pretty sure everyone here is trading IBFX minis, which, in all cases,
will be 1-cent/pip. I have yet to see anyone using a IBFX Standard
account.

Holyguy7's statement is exceptional, but you have to factor in the
.04 starting lots(4-cents/pip). On his $10K account, he's effectively
trading .01 lots per $2.5K, which is super conservative.

Rob
Reply With Quote