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slahov
DealCancellation by easyMarkets
in
Experienced Traders
Nov 02, 2016 at 14:37
I jus tested it a bit. I see two main flaws here:1. You pay the fee in any case (if the trade goes your way or against you)2. The fee goes quite high if volatility increases.So to be profitable in that 1 hour the move has to be significant.
DealCancellation by easyMarkets
in
Experienced Traders
Oct 19, 2016 at 08:57
I agree. I just opned an account with them and will try this with the bonus that you get at the begining. Than we shall see :)
DealCancellation by easyMarkets
in
Experienced Traders
Oct 18, 2016 at 06:46
I think, if you will make a lot of money this way (especially on news trading), then they will start complicating :). Maybe even not payout profits.
DealCancellation by easyMarkets
in
Experienced Traders
Oct 17, 2016 at 15:23
OK. According to the Client Agreement you can not abuse hedging, so to go long and short the same currency pair at the same time, it is not allowed. Quote from this agreement:Hedging in bad faith. Hedging is a strategy used in limiting or offsetting probability of loss from fluctuations in the prices of commodities, currencies, or securities. In effect, hedging in bad faith is the employment of various techniques but, basically taking equal and opposite positions in the same Financial Product or a Financial Product highly correlated at near the same time, indicating no interest in genuine trad...
DealCancellation by easyMarkets
in
Experienced Traders
Oct 13, 2016 at 14:50
I did not see that written anywhere. Maybe in small print :).What about opening both positions like long USD/JPY and EUR/USD, before the NFP report? Is that allowed?
DealCancellation by easyMarkets
in
Experienced Traders
Oct 13, 2016 at 11:29
So if I understand it correctly, I can open a long and short position at the same time, leverage it up by 100 times and once the fx spot changes by 50 pips I close both positions (within 1 hour ofcourse). With this I gain a 100% guarantee profit, if the cancellation fee is lower than the realized profit of the winning trade. If this is true, than why is this trading suggested primarily for new fx traders? I mean, this way you can not loose. Where is the catch? Is the insurance fee then higher than the winning trade?Tnx
DealCancellation by easyMarkets
in
Experienced Traders
Oct 11, 2016 at 18:40
Hi everyone,Does anybody have real expirience with using this new tool for cancelling new deals?Regards
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