Clasificación: Full Star Full Star Full Star Full Star Full Star
ESMA and its implication
Anterior 1 .. 3 4 5 6 7 8 9 .. 26 Siguiente
Greenwood

Miembro desde Jun 13, 2018  10 mensajes Greenwood Jun 20 at 10:27
I think 1:50 is enough leverage for most people. If you are good then you can still make money. If you then this will help you minimise losses

MicF

Miembro desde Nov 26, 2016  72 mensajes MicF Jun 20 at 10:34
TiffanyK posted:
Unfortunately many people trade with much more than they can afford to lose, they think that with Forex they can become rich , they mortgage their houses, estates and etc... this is illness. .. I personally know such people.... So I think the end purpose of ESMAs restrictions may come to defend the small players


Do you think, this would help small players?
If this would be the objective, then they had to kill margin accounts for retail.

But how could anybody prevent mortgage a house to trade?
At least they have a house to mortgage? ;-)


NottsBlade

Miembro desde May 25, 2018  75 mensajes NottsBlade Jun 20 at 12:07
My personal opinion is that the focus of regulatory bodies like ESMA, FCA & SEC should be on the brokers, banks & market makers etc. These are the power brokers, these are the ones that move the market, these are the ones responsible for wild swings capable of stopping out small traders like ourselves. Furthermore I feel that they should especially focus their attention on algorithms. This is my personal opinion, but I honestly believe that brokers have algorithms programmed to stop out small clients. I don't want to believe this anymore than anybody else, but I feel it's a possibility. Trading @ 30:1 leverage I could be stuck in a trade for weeks before making any profit if any. Not only that with my pitiful £100 it would not be worth my while trading at all.


Algorithms have an unfair advantage over small traders in that they are able to process information much quicker than we can. The forex market is a Trillion $ industry and my personal opinion is that they want to keep it in the hands of the few.



NottsBlade

Miembro desde May 25, 2018  75 mensajes NottsBlade Jun 20 at 12:09
At least @ 500:1 leverage with my £100 I can take my profit at the end of the day and I know I'm capable of quadrupling my account in minutes/hours. I know because I've done it many times!!! Again all I'm looking for is consistency in my trading before trading live. I'm still learning, this morning alone I've learnt so much, learnt new techniques and I'm continuing to make massive breakthroughs in my technical analysis.


Technical Analysis is a profession and a skill, but it will soon be lost if algorithms have their way, with many highly skilled analysts and traders losing their jobs in the City. The City of London will be like a ghost town and all those fancy office blocks will be turned into apartment blocks!!!


MicF

Miembro desde Nov 26, 2016  72 mensajes MicF Jun 20 at 14:45
NottsBlade posted:
At least @ 500:1 leverage with my £100 I can take my profit at the end of the day and I know I'm capable of quadrupling my account in minutes/hours. I know because I've done it many times!!! Again all I'm looking for is consistency in my trading before trading live. I'm still learning, this morning alone I've learnt so much, learnt new techniques and I'm continuing to make massive breakthroughs in my technical analysis.


There's one essential thing, that ist totally differenent in real trading: Emotions

Your demo trading says nothing about your potential success with real money.
Go ahead and jump, you are on demo much too long.

NottsBlade

Miembro desde May 25, 2018  75 mensajes NottsBlade Jun 20 at 14:46
If we do not understand how complex technologies function then their potential is more easily captured by selfish elites and corporations. The results of this can be seen all around us. There is a causal relationship between the complex opacity of the systems we encounter every day and global issues of inequality, violence, populism and fundamentalism.

Instead of a utopian future in which technological advancement casts a dazzling, emancipatory light on the world, we seem to be entering a new dark age characterised by ever more bizarre and unforeseen events. The Enlightenment ideal of distributing more information ever more widely has not led us to greater understanding and growing peace, but instead seems to be fostering social divisions, distrust, conspiracy theories and post-factual politics. To understand what is happening, it’s necessary to understand how our technologies have come to be, and how we have come to place so much faith in them.

Over the last few decades, trading floors around the world have fallen silent, as people are replaced by banks of computers that trade automatically. Digitisation meant that trades within, as well as between, stock exchangescould happen faster and faster. As trading passed into the hands of machines, it became possible to react almost instantaneously. High-Frequency Trading (HFT) algorithms, designed by former physics PhD students to take advantage of millisecond advantages, entered the market, and traders gave them names such as The Knife. These algorithms were capable of eking out fractions of a cent on every trade, and they could do it millions of times a day.

https://www.msn.com/en-gb/money/technology/rise-of-the-machines-has-technology-evolved-beyond-our-control/ar-AAyI40W?ocid=spartanntp

Adribaasmet

Miembro desde Aug 27, 2017  346 mensajes Adribaasmet Jun 21 at 05:49
MicF posted:
NottsBlade posted:
At least @ 500:1 leverage with my £100 I can take my profit at the end of the day and I know I'm capable of quadrupling my account in minutes/hours. I know because I've done it many times!!! Again all I'm looking for is consistency in my trading before trading live. I'm still learning, this morning alone I've learnt so much, learnt new techniques and I'm continuing to make massive breakthroughs in my technical analysis.


There's one essential thing, that ist totally differenent in real trading: Emotions

Your demo trading says nothing about your potential success with real money.
Go ahead and jump, you are on demo much too long.


That’s why, traders need to practice cent or micro type account before their live trading for couple of weeks (minimum).

SpacePower

Miembro desde Jun 21, 2018  8 mensajes SpacePower Jun 21 at 10:54
I went from demo to real and didn't use a cent account. That was a big mistake. Made huge losses got totally stressed out. Had to go back to demo. Hopefully the 1:50 leverage limit will push more people onto cent accounts to start with

togr

Miembro desde Feb 22, 2011  4020 mensajes vontogr (togr) Jun 21 at 11:14
Think about it this way. Small trader could trade with high leverage and risking $1,000.
Nowadays he will have to risk 10,000 to trade the same size and get the same profit.
So in fact such trader can lose 10x more.

I like what I trade, I trade what I like
TradingtheCloud

Miembro desde Apr 11, 2015  38 mensajes GENESIS ASSET (TradingtheCloud) Jun 22 at 07:30
togr posted:
Think about it this way. Small trader could trade with high leverage and risking $1,000.
Nowadays he will have to risk 10,000 to trade the same size and get the same profit.
So in fact such trader can lose 10x more.


This is exactly what I meant that the rule works best for brokers/dealing desk in particular as now traders will require a bigger account size to participate and the system shuts off small sized traders altogether. with $100 or less with 1:500 leverage the odds is better with the trader. This rule basically kills small capital trading.

Anterior 1 .. 3 4 5 6 7 8 9 .. 26 Siguiente
EIA Crude Oil Stocks change (28 min)
United States EIA Natural Gas Storage ch...(1 min ago)
EURUSD 1.13179 GBPUSD 1.27906
USDJPY 113.229 USDCAD 1.32117

Herramientas

Comunidad

Comentarios

Corredor

Plataforma

Soporte


Twitter |  Facebook |  Mapa del sitio  |  Términos  |   política de privacidad
©2018 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.