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	<title>FX arcade</title>
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	<description>Trading FOREX as a hobby with a US$400 Account</description>
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		<title>FX arcade</title>
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		<title>First attempt at FOREX trading</title>
		<link>http://fxarcade.wordpress.com/2008/08/16/7/</link>
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		<pubDate>Sat, 16 Aug 2008 01:47:04 +0000</pubDate>
		<dc:creator>MicroLot</dc:creator>
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		<description><![CDATA[My first ever foray into spot forex. Warming up session today. Traded extremely small to familarise with order entries and executions. 1 microlot for each transaction. ( 1 microlot=1000 currency units ) My Initial Verdict : Price movements are much more volatile than the usual futures contracts, resulting in lots of scalping opportunities. Commissions are much lower ( [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fxarcade.wordpress.com&amp;blog=4522243&amp;post=7&amp;subd=fxarcade&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<p>My first ever foray into spot forex. Warming up session today. Traded extremely small to familarise with order entries and executions. 1 microlot for each transaction. ( 1 microlot=1000 currency units )</p>
<p>My Initial Verdict :</p>
<p>Price movements are much more volatile than the usual futures contracts, resulting in lots of scalping opportunities. Commissions are much lower ( almost non-existent ) and its almost 24 hours trading.</p>
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