Yeah twitter is great, there are a ton of good traders on there and can't beat it for timely economic news.
Cool, yes that puts your returns in perspective. As you already identified, you were trading too aggressively this led to excessive drawdown. Either way, you are showing a lot more insight than your average new trader and I think you have a real shot in this game.
Nice work on the broker selection too! Though Pepperstone aren't the cheapest or the biggest, they are the second best broker in Aus IMO and it's rare a new trader hunts out a broker of that calibre at the start of their journey. I'm an IB for them too so I can still get you a discount. I'm sending you a little SBD with a link to the rebate section on my website and you can use the contact form there to get me via email.
Check this post to see some of the feedback from my clients and a little from me on the way I do business.
awesome, thanks so much!!
picking a broker was pretty hard, since there seem to be so many shady ones out there i spent a lot of time looking through reviews etc.
i'd been thinking i should look into rebates, checking out your website now :)
No worries mate, yeah some rebate outfits will pay into your brokerage account the next day, but I try to work it out with the broker so it just comes right off your commission charge to begin with.
There are definitley a lot of shady ones out there and they are often big firms so it's very hard to navigate. Look at FXCM, they banged on about their No Dealing Desk (ECN) accounts and then it comes out they just set up a shell company to take the other side of their client's trades. That got them a whopping fine and banned from the US, though they are still operating around the globe and probably still up to the same old dirty tricks.