My experience is a as follows. Like all forms of gambling trading Forex is tricky and it takes time to understand the market. You find some of the very best systems will work for a few months and then fall foul. The reason is that the market continually changes. If you look at some of the...
Dont you get screwed on Margin calls ?
I did some quick calcs and worked out that $1M at 1% leverage with 400 lots would wipe you out in only 148 pts. The calcs give 37% loaded against you as opposed to 50:50 under spread betting assuming the SB doesnt block you trading and call before time. I...
Just a quick one - did anyone actually make anything on Sunday/ Early Monday when the FOREX opened?
had a couple of trades with CS and got wiped out straight away due I suspect to CS only engaging my bets 3s and 4s after the market opened. I made up later on and I know you should watch gaps...