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Posts by emotionaltrader

ESMA and its implication In General Aug 10 2018 at 09:36
Any Brits planning holidays abroad forget it... unless your rich!!!
ESMA and its implication In General Aug 10 2018 at 09:36
Strange how this decision by ESMA has coincided with Brexit and all the political and economic turmoil that could follow as a result. Sterling below parity - 0.89 NZDUSD 0.62167/0.55 EURUSD Parity/ 0.89 Massive sell off going on over next few months. Possibility of Hard Brexit causing turmoil in financial markets. US to follow as Sterling, Euro, NZD, AUD recover if they recover!!! Not looking good from my point of view!!!
ESMA and its implication In General Aug 09 2018 at 07:22
They think it's funny!!!
ESMA and its implication In General Aug 08 2018 at 07:08
I can't imagine many small traders those starting with less than £1000 have a hope of making a living from trading now. Quite right, probably better off putting your money in an ISA. That's what small traders have been restricted now - 10% annual returns if they're lucky, but not enough to make a living. I've been trading @25:1 for 2 weeks now and I'm barely breaking even. Hopefully in 3 months ESMA will have a change of heart and change it back, because this is only a trial. Furthermore, don't know how what effect Brexit will have!!!
ESMA and its implication In General Aug 07 2018 at 06:53
ESMA - One Rule for the Rich Few and another Rule for everybody else!!! In a market everybody is treated the same, basically this is a market for the privileged few - pre Big Bang & Maggie Thatcher days. Just different!!! https://en.wikipedia.org/wiki/Big_Bang_(financial_markets)
ESMA and its implication In General Aug 07 2018 at 06:52
I'm being forced into taking losses which was something I never used to have to do. I could go 30/50 trades without taking a loss and now I'm being forced into taking losses. Only ones benefitting from the ESMA rulings are the brokers etc!!!
ESMA agrees to prohibit binary options and restrict CFDs to protect retail inv In General Jul 23 2018 at 10:10
Expect bigger spikes up & down once these new leverage restrictions come into play.....and why? Going to be stuck in trades longer depending on the loss one is prepared to take.
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