ElbowMusic

Joined Mar 22, 2018

Posts: 13

Connections: 0

Experience: No Experience

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Recent Posts

Patience is best tool to get success

Patience is important. It is better to wait for the right trade compared to jumping into a bad one

13490

Jul 28, 2020 at 11:04

Post Why should you as a trader pay attention to interest rates?

With interest rates close to 0% in developed countries (and likely to stay that way for many years). Haven't interest rates lost their importance. It is the CHANGE in interest rates that can drive currency changes and as rates are expect to remain the same in all developing countries this is like...

1740

Jul 28, 2020 at 11:03

1:200 leverage

Why is high leverage risky? The higher the leverage the lower the amount that you need to deposit with the broker and hence the smaller the amount that you can lose.

9884

Jul 28, 2020 at 11:01

EUR/USD

I see this as a good buying zone. I expect to see EUR up to 1.40 by the end of the year

34551

Apr 03, 2018 at 11:16

What do you wish to achieve through forex?

I do worry how hard it is to profit. There seem to be so few traders that achieve this, even after years of work.

16322

Apr 03, 2018 at 11:16

ElbowMusic's Reviews

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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.

EURUSD	1.16104	GBPUSD	1.35623
USDJPY	159.064	USDCAD	1.38664