Quote from cabletrader: ...... a broker who aren't manipulating thieves That seems to be the thing in this business, the higher the leverage offered - the worse the broker becomes! Reply: You're absolutely right! Dont know why that is,,,,,,,,,,, seems to be especially prominent with brokers using Meta
Crumbs I can't believe the leverage some of you guys are using....I am demo trading on 3:1. Why go higher than 5:1? The losses are too big above this.
And these are the people who are around in 5 years time whilst you think about what was whilst flippnig burgers. Seebn it all before many, many times. You will wipe out. Just a matter of time: ---------------------------------------------------------------------------------- People like TraderZones are just like people who hold on to the steering wheel for dear life and go 5 miles BELOW the speed limit.
Don't know why that is ??? your "broker" is in fact your market maker who is on the other side of your trade and the higher the leverage they offer , the less they have to move prices against you ,manipulate to steal your money , the quicker they will get your deposit. JUST STAY AWAY FROM "BROKERS" OFFERING MORE THAN 100:1
Cabletrader: You prick. I know more about trading than you think. so I am demo trading FX until I get used to the market...what's wrong with that? I know about risk/reward and people taknig on far too m uch risk. So what is your point asshole? Do you have one? That statemnt I put up last wek was an apreoximate.....SOME OF YOU GUYS ON HERE ARE ITCHING FOR A FIGHT EVERY TIME AREN'T YOU? WHY? So answer my question.....you think going on margin of 50:1,100:1 is fine.......risk of ruin not a problem? Yeah, yeah you are trading 1000:1 masrgin and making $10,000 every day. LOL Seen it all before kiddie Is there an ignore button here? Cabletrader is going on it.
COUNTERPARTY DISCLOSURE : THE FOREIGN CURRENCY TRADING YOU ARE ENTERING INTO IS NOT CONDUCTED ON AN EXCHANGE. FXCM IS ACTING AS A COUNTERPARTY IN THESE TRANSACTIONS AND, THEREFORE, ACTS AS THE BUYER WHEN YOU SELL AND THE SELLER WHEN YOU BUY. THE PRICES FXCM OFFERS MIGHT NOT BE THE BEST PRICES AVAILABLE AND FXCM MAY OFFER DIFFERENT PRICES TO DIFFERENT CLIENTS. ALTHOUGH FXCM IS THE COUNTERPARTY TO EACH OF YOUR TRADES, IF YOUR ACCOUNT(S) IS TO BE TRADED UNDER A âNO DEALING DESKâ MODEL FXCM LIMITS RISK TO ITSELF BY IMMEDIATELY HEDGING (OFFSETTING) THE TRADES AND POSITIONS IT ENTERS INTO WITH YOU 1-FOR-1 WITH ONE OF SEVERAL BANK MARKET MAKERS. AS A RESULT, FXCM DOES NOT PROFIT WHEN YOU LOSE MONEY ON A TRADE. RATHER, FXCM IS COMPENSATED BY MARKING UP THE PRICE IT RECEIVES FROM THE BANK MARKET MAKER. IN SOME CIRCUMSTANCES FXCM MAY ELECT TO REMOVE YOU FROM âNO DEALING DESKâ MODEL. FXCM WILL NOTIFY YOU AT THE TIME THAT IT DOES SO. IN SUCH A SITUATION, YOU SHOULD BE AWARE THAT FXCM MAY MAKE MORE MONEY IF THE MARKET GOES AGAINST YOU. ADDITIONALLY, SINCE FXCM ACTS AS THE BUYER OR SELLER IN THE TRANSACTION, YOU SHOULD CAREFULLY EVALUATE ANY TRADE RECOMMENDATIONS YOU RECEIVE FROM ANY OF FXCMâS REFERRING BROKERS. FXCM ITSELF DOES NOT PROVIDE INDIVIDUALIZED CLIENT TRADE RECOMMENDATIONS. https://secure2.fxcorporate.com/fxt...w_trading_agreement&ib=FXCM&locale=en_US_FXCM
Hehe, you still don't get it do you, never mind, don't you worry about it Yes of course there's an ignore feature, it's simple enough to find and most people don't need to ask how to set it up.......but then for someone who can't even manage to do basic math I guess it could present a problem