i think the non centralized exchange has a huge part in it when your trading directly against your broker you will lose.
Your broker could be moving spreads against you so they can balance their overall risk exposure. They are effectively bound to do this, its not personal to you. But this does indicate you are trading on a very short time-scale. If you trade long-term and get into a trend with a stop that takes account of daily volatility, there is nothing the broker can do to stop you making a profit.
Forex is not that harder to make money from it. - Its about knowing or knowingly - Having the methodology or knowledge as to what is going on around you - Please read my lastest comment which may prove of interest to your under knowledgeable mind. --- Comment Starts - Ok to give it the run down - I`ve been watching these indices for sometime now and to my accredit evaluation of the Dow Jones 30 - S&P 500 - FTSE 100 indices all of the aforementioned have been arriving at An Overbought Value State for sometime now - I think that this was per- ending 2017 - Its because the trends are moving so slow that I think that people forget where the Trend will end - And due to the Market Participants have been at it for the past 9 years within the Uptrend Phase they tend to get forgetful - This Current Phase of Large Monthly Chart Spike Down Low appearing on 29th/01/2108 may just act as A Warning that in fact these Indices have arrived at the Monthly Chart Highs so closer Monitoring & Evaluation is needed here before Pulling the Plug from out of the socket as it were - So the Low Side should prove as on equal interest this will all depend on who is trading the Derivatives at present time and as to traders risk appetite. - As added Advise - I do not trade this type of Derivatives myself because I can simply see that the lengths across A Good Support Level ending At A Good Resistance Level is far to long regarding Human Consumption Or as to the needs of the Forex Retail Consumer to put it another way.
I believe many retail forex traders lose money because forex trading is easily accesible. Using too much leverage is also an issue. In addition to this I think there is a lack of good education about currency trading. A lot of education comes from forex brokers who just want you to buy and sell very frequently. Good education usually comes from successful TRADERS and not marketing specialists. Best regards Henrik Thorstensson
Its has since come to my attention over the last week that - There remains further Un -discounted pips within this S&P 500 Derivative so Price has every change of Continuation Uptrend Phase. Sorry some Price Objectives were over looked at the time but have since been noticed. thanks for your time in this matter.
Why most lose there Investment at Forex Trading – Is that – Let’s start with - Because they are under educated in the first instance regarding Price Movement - Past Price dictates - Future Prices in most instants & circumstances - They chase the crowd uses of market sentiment instant of applying charting analysing through observation – They Chase Reversals Trends unnecessarily instead of following Price Movement though observation. – As well manifest into impulsively day-trading just to secure a buck in the Market will lead to mistakes and a loss in potential Profit overall as of the Long Term View or Longer Term Trend. - They follow News Stories before understanding when Price is Expect to Move as well where Price is suppose to be travelling to at that Point or At this particular time or - They simply have No understanding as to intervals which may occur at Higher Highs – Return to Low – Or just to Chart Pattern Formations or at Retracement to Low. – Within the Derivative or the Instrument under Evaluation.
Trading is not easy. Its not everyone's bread and butter. If everyone could trade, then everyone would be millionaires. The company is a volatile and toxic place. There are many factors to consider before investing in the market.
Nice, I love this kind of manipulation. 1. You included only one side of retail level comms which is 2.3 - 2.5 per side so cost of trade for CL is just under $15. 2. You picked one of the worst FX brokers in regards to execution. I guess you might as well find a broker charging $30 for your CL trade. Market standard for EURUSD is 0.2 pip spread + $6 roundtrip comms which is 0.8 pip all in. Execution cost for EURUSD is 8*1.2=$9.6. It may not look the same for US citizens as you guys are stuck with oanda, gain and IB with no competition at all. Not sure how this could happen in 'the land of the free' I'm not saying CL is ineffective. It's very good market and I like it.