Mitchelsantner

Joined Oct 13, 2020

Posts: 27

Connections: 0

Experience: No Experience

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Systems by Mitchelsantner

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Recent Posts

Leverage is among the things

But doesn’t that require a lot of expertise?

2072

Mar 06, 2021 at 10:39

Leverage is among the things

Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.

2072

Mar 05, 2021 at 11:04

ASIC leverage down

In my opinion as long as a broker is regulated it doesn’t matter where it’s headquartered. If it’s giving you the trading conditions you require, then just go for it. I am a full time scalper and for me low spreads mean everything in trading. 0 pips spreads and low commission rates...

1462

Jan 22, 2021 at 09:39

ASIC leverage down

The ASIC has restricted leverage to 30:1 for the major currency pairs and 20:1 for minor currency pairs. These regulations will affect the people trading in CFDs and not the regular forex traders. We have to understand that there is a difference between regular trading and leverage CFD trading. If y...

1462

Jan 20, 2021 at 11:44

Newcomers and demo trading

Demo trading is essential not only for new traders but also for experienced ones. If I am to give my own example, I started trading first demo accounts of etrade and ib, and after almost 5 months went live. This was about 2 years back. I am still using both demo and live accounts simultaneously for ...

8318

Dec 24, 2020 at 12:26

Mitchelsantner'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	1.15698	GBPUSD	1.3151	AUDUSD	0.65533
USDJPY	154.114	USDCAD	1.39812	USDCHF	0.80239