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simmonjoshua trader's profile

simmonjoshua

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Experience No Experience
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Registered May 06 2020 at 07:53
Blocked users 0

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Recent Posts

in How long on a demo account Jul 20 2020 at 10:02
Not more than a month. Demo is just to get familiar with the trading platform. Once you are familiar, have tested your strategies and checked the spreads etc, you are good to go live then.
in Reasons why you should NOT trade cryptocurrencies Jul 13 2020 at 10:37
The only reason I could think of is volatility. That might affect your account completely.
in Swap charges Jul 03 2020 at 10:47
Can someone please explain the concept of swap charges in forex in detail? How do they calculate that?
in What type of trader you are? Jun 29 2020 at 09:39
I am a scalper. But algorithimic trading really fascinates me and I know nothing about it. It would be great if someone can share some experience with us?
in What leverage do you all use? Jun 10 2020 at 07:00
I am using 500X leverage currently. But just a suggestion to you guys, as a complete beginner use lower leverage as there is high risk involved with the higher leverage along with the advantages.

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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.