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Choosing TRADING BROKERAGE ACCOUNT
in
Galvenais
Apr 25, 2018 at 14:33
How do you know that the trade go directly to the liquidity provider, does this broker has any means to prove that ? And why couldn't you auto trade with them ?
IC Markets
in
Galvenais
Apr 25, 2018 at 14:29
That's not а Negative balance protection at all.. the idea behind the negative balance is to cover the losses. Of course, it can't go on forever, and in such cases I suppose the broker may impose some limitations to t the account somehow ...
Forex is Hobby ?
in
Galvenais
Apr 25, 2018 at 12:14
Very soon such traders will come down to Earth :)
Can forex trading make you rich ?
in
Galvenais
Apr 18, 2018 at 11:03
If it makes your lifestyle better, and since you obviously like to trade - you did a great job then :)
Forex is Hobby ?
in
Galvenais
Apr 18, 2018 at 10:56
I agree, there is nothing wrong in wanting to be profitable, like in any other business . My comment was too generic.. . Here in FX good experience, risk management are rather the things that matter for me... :)
Can forex trading make you rich ?
in
Galvenais
Apr 13, 2018 at 13:58
Can forex trading make you rich ? - NO, as long as you make it only to become rich, without having the smallest interest in the industry, but just the crazy ambition to gain money. And what kind of a 'facebook quiz' question is that !?
Putting lines to indicate a Friday in MT4
in
Galvenais
Apr 13, 2018 at 13:56
You could try to use an expert adviser for setting an alarm on every Friday, You may have to adjust every Friday manually though. You can download such expert adviser from the internet... as I am not using such I couldn't give you a good example, but just the idea ... :)
Forex is Hobby ?
in
Galvenais
Apr 13, 2018 at 13:54
For me Forex as a hobby works fine. If I make it for a living , then it gets too stressful for me , having in mind the unpredictability of the whole Forex market. Admoni is right, you can earn money only after a solid knowledge (which takes years). For me the leading motive shouldn't be earning money, but the desire for acquiring knowledge...If something is intriguing you, then learning is waaay easier, knowledge comes naturally with the interest. If you hope only for quick and good earning, then you are lost. No one can convince me that sitting on your coach and hoping that the EUR/USD wi...
IC Markets
in
Galvenais
Apr 12, 2018 at 13:03
I think in order to determine in which country's legislation you'd fall, what matters also is where you live .... There 's surely a difference in both regulators ( sorry, I am not very familiar with ASIC's regulations) , however if you are a European citizen, you still have to comply with EU regulations for financial markets.
IC Markets
in
Galvenais
Apr 05, 2018 at 13:21
Yes, Negative balance protection is a very good advantage when it comes to choose a broker ...and a good sign that the broker is a reliable one. But I think if the brokers have it , they would put it on a visible place on the site, it is a positive feature after all ...
who withdraws money 24/5, 24/7?
in
Galvenais
Apr 02, 2018 at 13:18
I think the market has nothing to do with the withdrawal of funds as long as you don't place your money in a certain position. If you don't trade your money, it doesn't matter for the market if it'll stay in the account or it will be withdrawn ....
high leverage
in
Jauni treideri
Apr 02, 2018 at 13:12
Exactly, I may have said that's the common thinking , but certainly not my thinking. So I agree with you: Low leverage is definitely not the only way to protect the account. Risk management is important if you want to apply higher leverage to your account.
high leverage
in
Jauni treideri
Mar 30, 2018 at 12:10
There is a common thinking that the higher the leverage is, the higher the profit would be. As other members have said before me , leverage can lead to losses as quickly as to profits. I think the leverage you choose depends also on the instruments you prefer to trade. For example some instruments are more "Expensive" ...
who withdraws money 24/5, 24/7?
in
Galvenais
Mar 29, 2018 at 08:19
Yes, you are right. Better to do these things on a fresh mind... :)
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Mar 28, 2018 at 14:16
I absolutely agree with this.... :)
Forex
in
Galvenais
Mar 28, 2018 at 11:03
My common rule: Be prepared for the worst ... there is always a sense of unpredictability that should be taken in consideration even if you have the best strategy in place. Don't remember who has said this, but for me it's a mandatory rule:"Never bet your lifestyle"
who withdraws money 24/5, 24/7?
in
Galvenais
Mar 28, 2018 at 11:01
Some of them yes,... if they have the manpower during the night... But as I said bank withdrawals will be processed by the banks on the following day. Maybe they support this option for the payment providers who could process payments faster.
Myfxbook early user
in
Galvenais
Mar 26, 2018 at 13:05
Unfortunately, we can't see this . It displays an Error message ... couldn't see the testers as well ... :)
Need help for be a good trader
in
Jauni treideri
Mar 23, 2018 at 13:50
What comes to my mind for newcomers in trading is that some brokers are offering educational webinars , so if you register there you can ask your question Live and the person could answer you … It’s just good if you need interactive communication, because sometimes one could get lost by just watching videos or reading articles …
Need help for be a good trader
in
Jauni treideri
Mar 22, 2018 at 15:20
Don't be too quick to start the real trading. First you need to improve your knowledge for trading, to build a good strategy and to manage your risk and funds. Don't be quick - be profitable. Good luck
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