Loading...
Continue to Myfxbook.com
Continue to Myfxbook.com
Čeština
Deutsch
English
Español
Français
Indonesia
Latviešu
Melayu
Polski
Português(Brasil)
Português(Portugal)
Slovenčina
Svenska
Türkçe
Vietnamese
Русский
हिंदी
ไทย
日本語
简体字
繁體中文
한국어
Sign In
Sign Up
Open an account with FOREX.com
FX Tools:
Economic Calendar
Interest Rates
FX Calculators
News
spreads
Sentiment
Forex Heat Map
Correlation
Market Hours
Home
NotyaBusiness
Posts
Share
Share this page!
Posts by
NotyaBusiness
ESMA and its implication
in
General
Aug 20, 2018 at 13:34
The number of "seasoned" small traders that don't make the cut to be "Professional Trader" is insignificant compared to the number of rookies that would in 99% of the case lose their money. Plus not all small traders think like you do.I'm not a "Professional Trader" and I won't go to unregulated broker. I closed with 145 pips profit last week on one of my accounts that has only £500. It resulted about net £27 in a week. If I can close a day with +1% I call it a successful day. Of course that doesn't happen all the time.ESMA is protectin...
ESMA and its implication
in
General
Aug 16, 2018 at 10:55
Plus500 had 247,000 new depositors only last year. That broker has an over 80% of their clients lose money, which means nearly 200,000 of those new clients may have lost their money. And I believe other brokers, like Avatrade had similar stats.So yes driving them away is protecting them. No one will be made to believe that their $1000 can make them rich anymore so they will not even start, that way protecting their little savings.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Aug 13, 2018 at 06:24
I explained my point about that here: https://www.myfxbook.com/community/general/esma-its-implication/1627551,14Feel free to read it but I made my position and done arguing it. :)
ESMA and its implication
in
General
Aug 13, 2018 at 06:24
Okay guys, let me try to explain and no I am not trying to convince you or win any argument here I am just stating that I see the positive side of the new regulations.You will never see ESMA's good side as a seasoned trader. You have to think with a newbie's head. ESAM isn't protecting the seasoned traders, protecting the newly lured in naive clients that don't know much about trading yet but feeding the brokers with their little money.ESMA is addressing the psychology aspect of it all. Here is how I see it:Before ESMA a lot of newbies were lured in with their tiny savings and ...
ESMA and its implication
in
General
Aug 12, 2018 at 05:29
@emotionaltrader I understand why you are upset but ESMA protects the majority of people that which we must accept. Forcing brokers to make it clear and visible how many of their clients lose money is already a big help and the leverage limitation is a great protection as well because all those "losers" may still lose money but lose much less.Just work with it the best you can. This ESMA regulation is a market changer, you are a trader you are used to market change so deal with it and just do your best.That's my opinion.
NZDUSDv
in
Experienced Traders
Aug 12, 2018 at 05:27
Yeah the bird has lost it's wings big time.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Aug 10, 2018 at 10:42
Again! I never said that it "helps not losing the money."
NZDUSDv
in
Experienced Traders
Aug 10, 2018 at 07:19
Yes very likely. I wait a bit and see then buy again if it looks right.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Aug 10, 2018 at 07:19
I didn't say that. What I meant was, if you lose, you lose less than before. When the market goes against you it takes a smaller bite.
NZDUSDv
in
Experienced Traders
Aug 09, 2018 at 10:16
Well it has broken through 0.6700 taking my SL line with it. I really thought that 0.6700 was a strong support. Oh well, another one bites the dust.
NZDUSDv
in
Experienced Traders
Aug 09, 2018 at 07:17
It hit 0.67608 today. I guess we will see. I'm going long term so might just turn out well for me and I think it did pretty well for today so far. Was up 0.36% just a minute ago.
gold advise
in
Experienced Traders
Aug 08, 2018 at 07:23
Today it hit 1,217. Still +0.16% at the moment.
ESMA and its implication
in
General
Aug 08, 2018 at 07:09
lol very funny.Yes I'm newly registered. I think this website has a lot of goods. That, however is irrelevant to my post.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Aug 08, 2018 at 07:07
I avoid trading Crypto. Did it once but yeah it just is a money sucker. ESMA kinda fixed that now anyway.
ESMA and its implication
in
General
Aug 07, 2018 at 14:18
Not necessarily. It depends what they are looking for. High risk/high return or low risk/low return? ESMA ruling is not taking away the opportunity to beat any banks' or ISA's saving offers, but it makes it safer. 80% of traders lose money. ESMA helps those people to lose less money.
Forex is profitable ?
in
General
Aug 07, 2018 at 14:02
Once you understand and embrace your losses you are a profitable trader.
gold advise
in
Experienced Traders
Aug 07, 2018 at 13:41
Gold is still in "Up" mood.
NZDUSDv
in
Experienced Traders
Aug 07, 2018 at 12:57
It's around the same level as it's been in May 2016, April 2017 and October 2017. I entered a#about a week ago with a Buy order. I can seee now i did a bit early but I think on long term it will pay off.
ESMA and its implication
in
General
Aug 07, 2018 at 12:54
I don't mind the ESMA ruling. Yes it will require more funds to trade with to actually make money but knowing the fact that nearly 80% of Forex traders lose money - while brokers do make profit - ESMA did a favour for small time players. Big time players can still go with large risks but people with smaller accounts will not lose much with mistakes now. And mistakes are more frequent than getting things right.
You have an Ad Blocker!
Myfxbook is a site supported by advertisements. Here are two ways for you to continue browsing:
Ad Free Subscription
or
Disable your Ad Blocker
Already subscribed?
Sign In
You're not logged in
This feature is available for registered members only.
Registration is free and takes less than a minute.
Click the sign up button to continue.
Unless you're already a member and enjoying our service, then just sign in.
Keep up to date with the markets
Enable notifications to receive real-time important market updates:
Economic Calendar
Forex News
You can disable notifications at any time from your browser.
Unblock Notifications
You've blocked browser notifications for Myfxbook.com. Please enable it:
You can disable notifications at any time from your browser.
PREVIOUS
CONSENSUS
ACTUAL
