By the way, I actually don't trade with Oanda. I trade with Questrade, a Canadian based company where forex is only one small part of their offerings.
Do full-time forex traders exist or is it just make believe?
- Thread starter zbojnik
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By the way, I actually don't trade with Oanda. I trade with Questrade, a Canadian based company where forex is only one small part of their offerings.
Ummmm.... Think about that for a second. If you put it all in your trading account, you are earning no interest, and you're effectively long in the currency that the trading account is denominated in. Alternatively, you can leave the money in an interest earning account in your native currency, or simply diversify into other assets. I have chosen to diversify. Currency trading is just a small part of my overall savings. If I add to the account it will be from employment income.
Have you considered the bid and ask may be padded to allow for the tight spread? In other words you are seeing filtered data? I have no idea, just a thought.
You trade with margin > 50:1, no?
? you call that a trading plan? I'm just going to trade it until it is all gone?
Sounds like my illegal online baseball betting account.
Every spring I add money, and just bet the under on NL night games during the week.
and I just do that until it is all gone
that's my plan
I have no loss prevention plan, and virtually no plan for taking profits, it's just a hobby
forex on the other hand I take a little bit more seriously
no, you don't, at least when it comes to this thread