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Danneskjold

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Joined Jul 26, 2013

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Question about placing orders at the start of market open (on sunday/monday)

The market doesn't open and go down. It just opens down. Assuming you're right and the Euro does go down (don't forget what happened on Tuesday, was it? when a resolution looked likely and the Euro tanked), and everyone knows this, who's going to be your counterpart in the sell? Even...

654

Jun 28, 2015 at 10:59

Human stupidity?!

Most likely.I guess that it's just there's a lot of people who lose money in forex, and then whine about being scammed when they didn't take into account slippage or failed to apply proper stop losses. It's easier to cry fraud than review one's trading record. So, yeah; if you kn...

1083

Oct 16, 2013 at 08:33

Human stupidity?!

Well, we don't want to go to extremes. I meant that more as a rule of thumb. Naturally there are less-than-scrupulous businesses that last for a long time and make a lot of money. Like Thalantas points out, FX is a foggy universe and there are plenty of areas that can be exploited. But in the lo...

1083

Oct 14, 2013 at 11:05

Potential US Default

Floating an idea here; it seems the markets pretty much expect that the US will not default on it's debt, and that politicians are going to run down to the wire before making any kind of concession/reaching agreement. This would be like the end of last year, for example, with the "Fiscal Cl...

585

Oct 14, 2013 at 11:04

Human stupidity?!

Basically, brokers are going to function like any other business: if you want to develop a successful business, you need happy return customers. So any broker that's looking to stay in the market for the long term is going to have to maintain good business practices, because otherwise they will ...

1083

Oct 10, 2013 at 12:28

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EURUSD	1.05902	GBPUSD	1.26848	AUDUSD	0.65255
USDJPY	155.022	USDCAD	1.39618	USDCHF	0.88341