Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
Free Resources
Tab Content
No More Results
About mechtech

Basic Information

Date of Birth
May 26, 1963 (50)
About mechtech
Who am I?:
Mechanical Test & Applications Engineer.
Occupation:
Applications and Test Engineer for seals on missles, rockets and aircraft.
Country:
United States
TRADER's Journal
Why Do I Trade Forex?:
Trying to develop my skills so that I don't have to work anymore. I see the great potential to make money here, just need the knowledge.
Trading Experience:
5-10 Years
Worst Trades and Why:
News trades. Have lost quite a bit there trying to straddle before announcment. Have found most brokers play games once they learn what you are doing. They pre-spike the pair to stop you out.
What I look at when I trade FX:
Bollinger Band, RSI, Slow Stochastic, MACD, Moving Average, Parabolic SAR, Economic News Releases, Fundamental Analysis (News)
What are my favorite currency pairs:
EUR/USD
Why do I trade my Favorite currency pairs?:
This is the most active pair, so why not?
What Type of Trader am I?:
Long Term Trader, Short Term Trader
What do I risk on a trade:
If my account is $1,000, then it's about $1 per pip, opening 2 trades at a time max. clear up to $2,500. Atfer $2,500 I move to $1.5 per till $4,000. If I get beyound that, then I'll think about it.
TRADER's Plan

For future trades, please fill out this information

Type of Trader I am prone to be:
Short Term Trader

Statistics


Total Posts
Total Posts
270
Posts Per Day
0.23
General Information
Last Activity
06-09-2013 09:59 AM
Join Date
04-21-2010

2 Friends

  1. PoundGuy  PoundGuy is offline

    Member

    PoundGuy

  2. RocketMaker1000  RocketMaker1000 is offline

    Member

    RocketMaker1000
Showing Friends 1 to 2 of 2
TRADER's Journal
Why Do I Trade Forex?:
Trying to develop my skills so that I don't have to work anymore. I see the great potential to make money here, just need the knowledge.
Trading Experience:
5-10 Years
Worst Trades and Why:
News trades. Have lost quite a bit there trying to straddle before announcment. Have found most brokers play games once they learn what you are doing. They pre-spike the pair to stop you out.
What I look at when I trade FX:
Bollinger Band, RSI, Slow Stochastic, MACD, Moving Average, Parabolic SAR, Economic News Releases, Fundamental Analysis (News)
What are my favorite currency pairs:
EUR/USD
Why do I trade my Favorite currency pairs?:
This is the most active pair, so why not?
What Type of Trader am I?:
Long Term Trader, Short Term Trader
What do I risk on a trade:
If my account is $1,000, then it's about $1 per pip, opening 2 trades at a time max. clear up to $2,500. Atfer $2,500 I move to $1.5 per till $4,000. If I get beyound that, then I'll think about it.
TRADER's Plan
Type of Trader I am prone to be:
Short Term Trader
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.