Hi
I am a new trader, could any one explain....a lose is a lose , I can live with that with that , just is the the market or the broker ??
".........I can live with that"
so cancmc .........and even more happily......... it got your money!
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thanks for clarifying what cmc is.........
anyway, I not sure is normal for forex traders .......cheers: stay green and trade safe.
You held a position through a red flag news announcement, more specifically the AUD employment rate figure, a figure which will have some impact on the currency of it's next door neighbour NZD. When major news announcements are released you can expect volitility to pick up, and spreads to widen and fluctuate. This is normal.
While I would always go with an ECN broker over a market maker, even with a NDD broker spreads can and most likely will widen in times of high volitility such as during news announcements. Forecasted news announcements should be taken into consideration prior to entering trades. If you have not yet got a good grasp of these fundamental issues then I suggest you do not trade with real money.some good guys msg me to change to ECN , so by changing there will be no such problems ?
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IC , thk you for the advise , some good guys msg me to change to ECN , so by changing there will be no such problems ? for those who ask me to place the chart side by side here we go .......
While I would always go with an ECN broker over a market maker, even with a NDD broker spreads can and most likely will widen in times of high volitility such as during news announcements. Forecasted news announcements should be taken into consideration prior to entering trades. If you have not yet got a good grasp of these fundamental issues then I suggest you do not trade with real money.
OK , thks ....in Hong kong here only know Interactive Brokers and MF Global are ECN are they good, the manager of HSBC told me I can trade thru them , any different if i using them ?
1. look at this
http://www.trade2win.com/boards/spread-betting/111238-cmc-markets-owner-answers-your-questions.html
2. stop hunting is a norm in this industry(do not place stops then)
3.simply change broker and do not waste your time money and nerve energy
sorry can't help i am in europe
if you need a broker with a local office then search asian forums
my choice would be dukascopy /finfx /lmax
dbfx retail has been sold(regretfully)
and look at
FX Intelligence Analyzer: Compare live spreads and quotes from multiple brokers
p.s. thanks for nailing down another crookie
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Thank you for the info ALS , will move on ........cheers