question about forex.... need some help!!?

[beep_11]

Been doing the practice account for a few days and doing pretty good so far. but still confused about leverage..can you tell if my tradings are overleveraged or not? can it really accumulate good $ with little start up? or was i lucky? thanks for advise.


Minimum Deposit $ 250
Max Leverage .5 % or 200:1
Contract Size 10,000

Trade #1 lasted 9 minutes
Buy EUR/USD (10,000 LOT) moved 8 pips
Realized P/L in Dollars: - $ 0.80

Trade #2 lasted 1 minute
Sell USD/JPY (100k Lot) moved 17 pips
Realized P/L: + $ 16.27

Trade # 3 lasted 5 minutes
(250k Lot) moved 29 pips
Realized P/L: + $ 66.96

Trade # 4 lasted 8 min.
(250k Lot) moved 40 pips
Realized P/L: $ 126.86

Trade # 5 lasted 15 minutes
(250k Lot) moved 52 pips
Realized P/L $ 130

Trade # 6 lasted 15 minutes
(250klot) moved 25 pips
Realized P/L $ 62.50

Trade #7 lasted 2 minutes
(250,k) moved 87 pips
Realized P/L $ 217.50

Trade # 8 lasted 15 minutes
(250,k) moved 14
Realized P/L: negative $ 32.2
I studied the basics first before I entered... I think there's a big difference between this and gambling in the casino.
I also have losses too but fortunately, so far I've only seen a very few.

[Sailon]

Why don't you cut to the chase and go to a casino.
Let's face it -tables- machines- wheels- Forex- what's the difference !??