I don’t know, maybe there are ready-made solutions out there. It’s not what I’m interested in. The only thing I know is that it’s possible.
Hello guys, let me give my two cents. I feel like DMA is in general for more complex trading entities like pension funds, mutual funds, life insurance companies, private equity funds etc. It requires much, much deeper knowledge in the financial area, maybe even economic education or something like that.
Well, I’m not sure about economic education. I consider DMA account to trade more stuff, because of the direct access you are able to trade stocks, for example, that you don’t usually have in your average broker. Can trade some high-yield shit, if you’re adventurous enough
I'd say this, is the degree in finance or economics a necessary requirement to trade DMA? Absolutely not! Will it be helpful to have one for this type of trading? Sure it will. Consrevative education system sometimes can be too bulky to meet the requirements of the modern world. Which is changing at the speed of light. We have a unique situation right now when professions can appear out of the blue or become obsolete in the timeframe of a decade. Plus, a diploma is not a guarantee that you have a certain level of expertise in the sphere. It’s all about hard work and devotion.
Hmm… I view the traditional education system as a community of like-minded people or colleagues. All the UNIs are also places for sharing and generating brand new ideas, not just knowledge sources. Similar to our forum but at a bigger scale. I wouldn’t underestimate the creative power of the collective mind. Vox pópuli vox Déi.
Who needs UNI in the internet era?! All the information is already available to every person who has a smartphone and couple of braincells. I don’t have a degree or PhD or whatever, but I made it anyhow. Most people became lazybones with all the electronic appliances, cars etc. Sloth is a deadly sin.
LOL! We have a fan of “Seven” movie, guys! But jokes aside, comfort can be destructible to your mentality and even physiology. It is scientifically proven that those who can keep working at old age have less probability of getting a mental disease. Teach yourself to step out of your comfort zone in any situation. I saw some people leave their up and running businesses and start new ones from scratch just to feel the pressure again. Steve Jobs once said: “Stay foolish, stay hungry.”
Branos, Enough off topics. I want to ask you as a DMA account owner, can you trade cryptocurrencies there? Since crypto is a hot theme at the moment, I thought maybe Trade.com DMA has some advantages trading crypto.
No, there are no crypto in DMA actually. I have only stocks, ETFs and warrants as tradeable. Honestly, just came into my mind, it would be quite strange to have digital money in this type of accounts. The whole purpose of crypto is decentralization, and all the assets of DMA are centralized af.
Hmmm… I didn’t think about it in this way. Yeah, you right! Centralized crypto coins. Haha, it’s an oxymoron!