[Landser]

For me stability is better than a sudden jackpot. The trading process based on sudden huge swings looks like gambling - you can earn a lot or you can lose all your money. That's why my choice is the profit for about 3-5% monthly.

[Obsidian]

I remember my first week in the fx...there was a news release, probably nfp, I jumped in when I saw eurusd diving sharply...in a couple of mins my account was up by 46%...I thought that fx was so easy when compared to stock exchange...of course about a month later I was back to where I started...that taught me a good lesson...
I made a sub-account (one for day trading, other for long-term positions) and changed leverage to 10x...since then I am after consistent gains, never trading during the news

[Landser]

Originally Posted by Obsidian »

I made a sub-account (one for day trading, other for long-term positions) and changed leverage to 10x

Hmm, seems like good idea. Will definately give it a try, thanx Obsidian!