tradewinds
Member
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Hi there,
I spoke to a sales guy today and wanted to ask him some details about opening a friends and family account. I have to say I wasnt that impressed by the service. It seemed like he could nt wait to get me off the phone. I wanted to ask specific questions that I wasnt sure about from the website...
so I asked him my about my queries and rather than answer them he just said he would send me info my email. However I ve got a feeling this wont be any different from the info on the site.
There was no is there anything else I can help you with or anything. As I say just like he wanted to get me off the phone. It was about 3min phone conversation.
I gave him my email twice, but he did nt send anything...now that means another call to ask and explain...BTW his name was Perez.
Maybe I could get some info on here...from you guys who seem to be helpful and know alot.
I want to know about position sixe and contract sizes, maybe with benefit of an example.
I trade on longer time frames. Daily chart.
This means that my stop can be quite wide, meaning I need to use lower leverage so I dont compromise my total risk.
heres my situation...
risk 2-3% per trade.
Sometimes stoploss can be wide meaning can risk less per point movement.
So what I m worried about using IB is that minimum contract size might be too big for my starting capital if i olny want to risk 2% of bank.
So can anyone tell me what instruments would suit smaller leverage.
example, if I buy Footsie at 6500 and it goes to 6550 that is 50 points, what is the least value per point I can access using IB.
And a forex example would be £/$. What is the value minimum value per pip movement.
Thanks in advance.
I guess if IB isnt suitable yet then I may use GFT as I can get the lower leverage but I would really like the idea of DMA.
Thanks in advance.
I spoke to a sales guy today and wanted to ask him some details about opening a friends and family account. I have to say I wasnt that impressed by the service. It seemed like he could nt wait to get me off the phone. I wanted to ask specific questions that I wasnt sure about from the website...
so I asked him my about my queries and rather than answer them he just said he would send me info my email. However I ve got a feeling this wont be any different from the info on the site.
There was no is there anything else I can help you with or anything. As I say just like he wanted to get me off the phone. It was about 3min phone conversation.
I gave him my email twice, but he did nt send anything...now that means another call to ask and explain...BTW his name was Perez.
Maybe I could get some info on here...from you guys who seem to be helpful and know alot.
I want to know about position sixe and contract sizes, maybe with benefit of an example.
I trade on longer time frames. Daily chart.
This means that my stop can be quite wide, meaning I need to use lower leverage so I dont compromise my total risk.
heres my situation...
risk 2-3% per trade.
Sometimes stoploss can be wide meaning can risk less per point movement.
So what I m worried about using IB is that minimum contract size might be too big for my starting capital if i olny want to risk 2% of bank.
So can anyone tell me what instruments would suit smaller leverage.
example, if I buy Footsie at 6500 and it goes to 6550 that is 50 points, what is the least value per point I can access using IB.
And a forex example would be £/$. What is the value minimum value per pip movement.
Thanks in advance.
I guess if IB isnt suitable yet then I may use GFT as I can get the lower leverage but I would really like the idea of DMA.
Thanks in advance.