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Posts by
peretz
NCM Conservative
in
Trading Systems
Nov 24, 2022 at 07:27
It's not quite over just yet. Their downfall was trading during the mid-term elections. Rookie mistake
NCM Conservative
in
Trading Systems
Oct 04, 2021 at 11:36
So who had the balls to hold on and get out at BE?
NCM Conservative
in
Trading Systems
Jul 08, 2021 at 09:26
If you login to their site (where you change risk), there is a link to an announcement. I trust they will manage this ok. But of course never invest more than you are willing to loose.
NCM Conservative
in
Trading Systems
Jul 08, 2021 at 09:25
https://ncmsignal.com/important
NCM Conservative
in
Trading Systems
Dec 02, 2020 at 07:44
As per the ASIC press release:In ASIC’s product intervention order:major currency pair means any two of the Australian dollar, British pound, Canadian dollar, euro, Japanese yen, Swiss franc and US dollar;So GBPCAD will be 1:30 if ICM implement accordingly.
NCM Conservative
in
Trading Systems
Dec 01, 2020 at 21:02
GBP/CAD is still a major pair under the ASIC rules, so new leverage will be 1:30. Whilst that is a lot more margin than now, the strategy will continue to work. Even at 200% risk of the master account, margin required will only be 20%. That allows for a 90% drawdown before ICM will close out the position (ASIC requires positions to close at 50% of required margin). (Calculated on my own account which is currently running at 200%).ICM also allow applications for a pro account, if you are eligible.https://www.icmarkets.com/blog/asic-product-intervention/
NCM Conservative
in
Trading Systems
Nov 10, 2020 at 22:51
My numbers are lower than that (from myfxbook), where are you getting those numbers from?
NCM Conservative
in
Trading Systems
Nov 10, 2020 at 22:50
You watch it too closely. Everything is fine now, this is how the system is meant to work.
NCM Conservative
in
Trading Systems
Nov 09, 2020 at 22:17
@icmfund How long until effected accounts in AUD are trading on normal risk again?
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