Recent content by billv

I use Google Remote desktop to connect to my auto trading pcs GoogleRD is free and I found it very reliable. However, if the OP is placing manual trades then he doesn't need a remote computer, he can place his trades using his laptop. He just needs his login details to his trading account.

I travel to Greece every year and I found that there is good wifi coverage in hotels, coffee shops etc. Apart from that, you can use mobile data. The company which has the best cellphone coverage is cosmote You will need a prepaid sim and a portable wifi modem such as this. COSMOTE Pocket...

I disagree, IMO the bearish scenario looks likely

Shorting the CHFJPY and trying to compare its behaviour with other currency pairs shows that he has much to learn.

And why should they care when everyone in Japan is making money?. Yen weakness leads to huge capital gains on foreign bonds and equities, most easily summarized in the observation that the government pension fund (GPIF) has roughly made more profits over the last two years than the last twenty...

If you look on the USDJPY monthly chart and zoom out, there is a lot of room to the UP side and it is possible that it will keep going up but I find it difficult to buy at these levels (due to the risk of intervention) and I don't want to short it because of the high -ve swap. I can't help...

IMHO it is more likely to be range bound and unless we have a new crisis it will stay above 1.00

Its very hard to get it right. If central banks and big money funds are not driving the market, the other significant player in forex are the market makers, these are generally big banks which take our trades and they will move price in any direction they want and their aim is to make us lose...

Leverage can be a great tool if it used correctly and we manage our risk. If we didn't have leverage we would require a higher account balance to open positions or we would be restricted to opening small positions and therefore limiting our profits. Even if we have the funds to open a large...

I have had this problem before myself with various brokers. Have you considered that your MT5 settings, your algos or your computer hardware are slowing things down? It could be the way you use MT5, how many charts you have open, even simple things like having all currency pairs shown in...

LOL Soon there will be nowhere to hide Your Cayman, Panama etc accounts will be next

Why do you say its a distraction? Limiting risk per trade allows us to trade bigger size and at the same time it gives us the confidence that our account will survive a series of bad trades

And how do you manage the risk when you close your long position? What if there is no reversal and your short position becomes an even bigger loser?

You could ask your broker to reduce it but you don't have to. Leverage does not hurt you if you don't over trade for your account size. You simply have to adjust your position sizing down by 10 times and if your ROI is small then you will have to either trade more frequently Or to increase...

Yes that's probably the quickest and easiest to setup but you'll run the risk of being dobbed in. Do you want to live in fear of being fined or sent to jail? Its not worth it. It is a hassle and there will be some costs involved so it might only suit bigger clients.