Ninjastic
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Re: [ANN] 1Broker.com - Trade forex, indices, stocks and commodities
by
SebastianJu
on 20/10/2015, 19:29:31 UTC
Quote from: Rage19420 on October 20, 2015, 12:25:12 AM
Quote from: SebastianJu on October 19, 2015, 11:52:41 PM
Quote from: monbux on October 19, 2015, 10:43:09 PM
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Ah, position history. Thanks for the tip.

I really hope i slowly get the grip of forex trading. One thing i like for sure is that these charts play by the rules of technical analysis. Something i missed with bitcoin trading.
hmm, it still is quite dangerous unless you are going with low leverage with currencies that you are almost certain will go a certain way.

I think it should not make a so very high difference with leverage. I mean the price movements on eurusd are not so huge intraday that you could get margin called with 200 leverage. At least not if you care.

At the end it should not matter so much if you make 100 trades without leverage or 1 trade with 100 leverage. The risks should be the same. And if you fear being wiped out then only use a part of your investment.

So i don't see why leverage on 1broker should be so much more dangerous.

After trading on 1broker for almost a year, it like any other FX broker, with high leverage you can and will get your position wiped out in an instant on high volatility events with 200x or more.

Like AUDUSD during a major news event. If not paying attention and on the wrong side of the trade a 200x position would have most likely been wiped out



That 5m candle wicked to almost 50pips  Shocked

I know, though i think when you trade with these high leverages then you should not let your position unobserved. And a tight stop, maybe 2 pips, might be mandatory too.

Well, but i must say it is generally not easy. Even when you manage to let your emotions out, you have to beat the one pip. Which means you really have to have a very good guess to be profitable. I managed to win 8 bets and lose 6, though i had less than before because of the spread.

Does someone know if fxcopy.com is legit? That user tac trades usdjpy each couple of minutes but his exit prices always are 1 or 2 pips higher than the highest value i see on tradingview.com. Is that account an advertising for that broker and it is a scam? Or are there different forex markets so that the price difference can come from that?