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ESMA and its implication

Aqissiaq
Jul 30 2019 at 09:41
11 posts
togr posted:
I was always postulating the fact low leverage makes you lose money.
Nowadays got this confirmed. From whom? From ESMA itself:)
https://www.leaprate.com/forex/regulations/esma-admits-more-retail-cfd-traders-lost-money-after-leverage-cap/



It is nuts that the EU just ignore the data that they do not like. So this proves that lower leverage is a bad idea and what to the EU do, they just carry on regardless.

AniLorak
Jul 30 2019 at 12:40
920 posts
Aqissiaq posted:
togr posted:
I was always postulating the fact low leverage makes you lose money.
Nowadays got this confirmed. From whom? From ESMA itself:)
https://www.leaprate.com/forex/regulations/esma-admits-more-retail-cfd-traders-lost-money-after-leverage-cap/



It is nuts that the EU just ignore the data that they do not like. So this proves that lower leverage is a bad idea and what to the EU do, they just carry on regardless.


Even; 1:30 is really too small! I think; retail traders need 1:100 trading leverage for trading!

SofieAndreasen
Sep 12 2020 at 10:51
571 posts
AniLorak posted:
Aqissiaq posted:
togr posted:
I was always postulating the fact low leverage makes you lose money.
Nowadays got this confirmed. From whom? From ESMA itself:)
https://www.leaprate.com/forex/regulations/esma-admits-more-retail-cfd-traders-lost-money-after-leverage-cap/



It is nuts that the EU just ignore the data that they do not like. So this proves that lower leverage is a bad idea and what to the EU do, they just carry on regardless.


Even; 1:30 is really too small! I think; retail traders need 1:100 trading leverage for trading!

Low leverage means low risk. Controlling risk is every important in trading. There are lot of losing money due to lack of risk management knowledge. ESMA are just trying to protect investor.

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