Thread: FX Trading in Europe under threat - act now

Originally Posted by ;

Jesus, chill outside. I don't need to waste my time wading pulling numbers out of the asses and throwing accusations around like some of it means something. On topic: I am not sure that a 5 leverage is truly that bad tbh, I'd go with 10 but hey that is me. If you find the sum of broken accounts that I do on a daily basis, it is almost always due to over-leveraging. There are always other brokers out there that are legit that will let you do more leverage anyway, so it is really a non-issue - just make sure withdrawals are...

I have a live account with a company, #50k starting , 1:3 leverage
It's nice and you're able to make realistic gains relative to the average men daily wage without too much risk.

When I had been to fund my account, I would go with a small leverage instead of 1:100 I would be Pleased with 1:5 max

Originally Posted by ;

quote I have a live account with a firm, #50k starting , 1:3 leverage It is fine and you're able to make realistic profits comparative to the average persons daily wage without too much risk. If I were to finance my account, I'd go with a little leverage instead of 1:100 I'd be pleased with 1:5 max

Yup I concur with you.

Originally Posted by ;

quote Pretty certain Binary got chased out of Israel (to the dodgier areas of the world), and a lot of Forex brokers are worried today - especially those established there - and are looking to go away.

Binary choices ought to be traded through an exchange since thats the only way to ensure a fair outcome. I attempted choices a couple of decades back, and I did my assignments was coping with a regulated broker. At the time it had been fairly much Dukascopy in Europe and Nadex Exchange in U.S which I could trust enough to try with. I picked for Nadex first but they didnt accept accounts from my country (the only time I encountered that was MB-Trading from 2011 and they shut shop a couple of years later. weird). So I began with Dukascopy but maintained on having login spread issues and issues so I gave up on the thing. Good thing I did since it got me to concentrate on what im doing today. Options are acceptable if you trade them through an exchange but should you do this by means of a broker then they will eventually figure out a way to frue your trading. I remember some binary broker based in Isle of Man offering 50% commission for any referral opening an account larger than $2000, it made me wonder how sure are they that the person will lose everything that they are willing to share half the account value upfront with you.

Leverage shrewd, I am fine with 1:10 because that is what I have always used but it helps if the broker offers a Greater leverage since that means even with exactly the same real leverage I use of 10x I'll have a smaller margin requirement (1%) and that is important when pyramid trading onto a trend as compared to when You've Got a leverage of 1:20 and use a True lev of 10x your margin requirement will be 50% so that makes a huge difference to your money management egy, and in such a scenario it makes it impossible to apply

Originally Posted by ;

what happened to alpari? As I understand it went into bankruptcy .didn't the customers get the money as they were obliged to keep the money in segregated accounts.

Yes, I got my money back(well, in some other broker's account), but it took over two decades, I think.

That will be OK, if the cap is 1:30. Traders that know what they're currently doing will still have the ability to make adequate profits and trading easier will be made by it for the ones. I assume brokers all will be against the cap, they'll be the people who stand to lose the most...

I have tp and small sl for daytrading . I would like a greater leverage of above 1:50 in order to earn cash. If you trade 1 lot and you make monthly trading 2 lots can bring a 60% to you. So you will need the leverage in order to get stronger trades.

Originally Posted by ;

I have little sl and tp for daytrading . I need a leverage of over 1:50 in order to earn more money. If you trade 1 lot and you make 30 trading 2 lots can provide you a 60%. So you will need the leverage in order to have stronger trades.

If you would like to earn 60% monthly (or perhaps 30 percent for that matter), its just a matter of time before you blow your account

Originally Posted by ;

quote if you would like to earn 60% monthly (or even 30% for that matter), its only a matter of time until you blow your account

Bullshit , Ive seen several short term intraday traders live account numbers on another forum. They left around 50 using 2-10 lots , 10 - 20 trades each day one of them without dropping day for a year or two more.

Originally Posted by ;

quote Bullshit , Ive seen several short term intraday traders live account statistics on a different forum. They left around 50 with 2-10 lots , 10 - 20 trades each day one of them.

Perhaps you should stick with this particular forum then... If you're calling my announcement bullshit, then provide the proof of what you're saying otherwise you have no credibility. Simple as that.

Ascap the returns could be real. Long term. At 8 transactions each day from my statistics for daytrading with risk per trade you may manage a 30% per month. With only 2% , that means doubling your position accessing leverage you'll be able to find the 60%. I've reached success in trading. For years I attempted to find something which works and nothing worked. I found many things that work and I got a sense of term statistics . I understand what to search for now. In the years to come back I think I am going to make it.