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Does your Forex Broker...
Tham gia từ Jul 03, 2012
186bài viết
Oct 08, 2012 at 15:22
Tham gia từ Jul 03, 2012
186bài viết
...offer other instruments to trade than forex pairs and do you use them for trading?
Pax puts the X in Forex.
Tham gia từ Jan 14, 2010
556bài viết
Oct 16, 2012 at 09:47
Tham gia từ Jan 14, 2010
556bài viết
TheLastBear posted:
...offer other instruments to trade than forex pairs and do you use them for trading?
Yes, metals and cfd's, however I don't really use it. Tried trading metals once however they are totally different beasts. Better to focus on a few than try and master many trading instruments.
Tham gia từ Mar 07, 2010
60bài viết
Oct 17, 2012 at 14:47
Tham gia từ Mar 07, 2010
60bài viết
yes, i have plenty of symbols in my mt4. when i'm bored i try looking for patterns in symbols i don't usually trade - this helps burn time while other trade opportunites develop and in the same time i might notice a new setup.
aaa
Tham gia từ Jan 14, 2010
556bài viết
Oct 18, 2012 at 12:36
Tham gia từ Jan 14, 2010
556bài viết
aj90151 posted:
yes, i have plenty of symbols in my mt4. when i'm bored i try looking for patterns in symbols i don't usually trade - this helps burn time while other trade opportunites develop and in the same time i might notice a new setup.
I tried that but it just makes me lose focus on my usual symbols I trade, so I just stick with that.
Tham gia từ Jul 03, 2012
186bài viết
Oct 23, 2012 at 13:59
Tham gia từ Jul 03, 2012
186bài viết
Well, it is bad to lose focus James :)
Pax puts the X in Forex.
Tham gia từ Jan 14, 2010
556bài viết
Oct 23, 2012 at 14:04
Tham gia từ Jan 14, 2010
556bài viết
I think that over 90% of traders don't touch anything other than the majors on a constant basis, and the extra instruments are just to give an edge over a competing broker who doesn't have such instruments. In any case, it's a win-win situation for the traders.
Tham gia từ May 23, 2012
18bài viết
Oct 23, 2012 at 17:50
Tham gia từ May 23, 2012
18bài viết
James_Bond posted:
I think that over 90% of traders don't touch anything other than the majors on a constant basis, and the extra instruments are just to give an edge over a competing broker who doesn't have such instruments. In any case, it's a win-win situation for the traders.
I agree with you James. Most people tend to focus on the majors. However, I do not. I adjust to market dynamics as they occur. For instance, I have been day trading xau/usd and xag/usd with a high success rate. Since the US economy has turned to crap a few years back, an increase in volatility has manifested in metals and other commodities . This is awesome for day trading. But, it is a BEAST! Trader beware for sure.
Obviously, your trading approach is the ultimate factor. Bankroll, availability, time zones, and time frames all play a part in your approach. I heard stories of GBPUSD used to trade in 300 pip ranges 10 years ago. The USD/JPY was volatile too. But, times have changed, so one must adjust to exploit current dynamics to be optimal. Well, that's the way I see it, to say the least.
A man should look for what is, and not for what he thinks should be.
Tham gia từ Jan 14, 2010
556bài viết
Oct 25, 2012 at 07:37
Tham gia từ Jan 14, 2010
556bài viết
@Geereg Yes, trading gold or silver is totally different animal - its really confusing as you need to adjust for the different volatility with different lot sizes and sl/tp levels, which is very confusing if you're trading many instruments.
Also, the addition of non currency instruments to forex offers are rather new (only a few years old I believe) which is also why these instruments are not being traded a lot, however that trend may be changing.
Also, the addition of non currency instruments to forex offers are rather new (only a few years old I believe) which is also why these instruments are not being traded a lot, however that trend may be changing.
Tham gia từ Jul 03, 2012
186bài viết
Oct 29, 2012 at 14:05
Tham gia từ Jul 03, 2012
186bài viết
James_Bond posted:
@Geereg Yes, trading gold or silver is totally different animal - its really confusing as you need to adjust for the different volatility with different lot sizes and sl/tp levels, which is very confusing if you're trading many instruments.
Also, the addition of non currency instruments to forex offers are rather new (only a few years old I believe) which is also why these instruments are not being traded a lot, however that trend may be changing.
Yes, they are new but have been around for over a decade. It really comes down to the trader and the ability of the trader. Personally I have never used a S/L level and leave them to amateur traders where they belong.
Pax puts the X in Forex.
Tham gia từ Nov 09, 2012
76bài viết
Nov 09, 2012 at 10:36
Tham gia từ Nov 09, 2012
76bài viết
Yep, CFD on stocks and on futures. I don't use them by now. but I really think about investment to gold... I suppose that is safe.
also if broker doesn't provide any other variants of investment, that will be strange. I wouldn't trust such company...
also if broker doesn't provide any other variants of investment, that will be strange. I wouldn't trust such company...
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Tham gia từ Jul 03, 2012
186bài viết
Nov 13, 2012 at 12:09
Tham gia từ Jul 03, 2012
186bài viết
RollingStones74 posted:
Yep, CFD on stocks and on futures. I don't use them by now. but I really think about investment to gold... I suppose that is safe.
also if broker doesn't provide any other variants of investment, that will be strange. I wouldn't trust such company...
Yes, it would be very strange as every sound broker should have a range of assets they offer.
Pax puts the X in Forex.
forex_trader_43716
Tham gia từ Aug 06, 2011
345bài viết
Nov 13, 2012 at 20:05
Tham gia từ Aug 06, 2011
345bài viết
The more there is to trade, the broader the opportunity and diversity.
Tham gia từ Nov 09, 2012
76bài viết
Nov 14, 2012 at 03:15
Tham gia từ Nov 09, 2012
76bài viết
myfxpt posted:
The more there is to trade, the broader the opportunity and diversity.
However I believe there are really few traders, who works both with CFD and pairs... I mean there must be different strategies and that's kinda hard to run them all...
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
forex_trader_43716
Tham gia từ Aug 06, 2011
345bài viết
Nov 14, 2012 at 04:16
Tham gia từ Aug 06, 2011
345bài viết
RollingStones74 posted:myfxpt posted:
The more there is to trade, the broader the opportunity and diversity.
However I believe there are really few traders, who works both with CFD and pairs... I mean there must be different strategies and that's kinda hard to run them all...
Maybe so...
Tham gia từ Jul 03, 2012
186bài viết
Nov 15, 2012 at 15:24
Tham gia từ Jul 03, 2012
186bài viết
I usually trade across asset classes.
Pax puts the X in Forex.
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