Oanda - Add Your SCAM SCREENS Here

[mcgene4xpro]

Quote from Larson:

The feature enables you to transfer back and forth among subaccounts automatically.

could i create a software to do it once needed automatically?

 

[ElectricSavant]

chipmunk,

I know what you mean and I agree, because most traders gamble with leverage. But once I was posting along the same lines that you were and one guy made a valid point in which I want to share.

You need less capital in your account at 500:1. This is what it is all about. Your yield is always based on your capital. If you trade the same way on a 50:1 account vs. a 500:1 account then which account would be better?

Do you see the point?

ES

P. S. To further expound...since there is less money at risk and he gets a margin call...it's just to replenish the account. The net comparison to trading at 50:1 is the same. If he is a loser..he is still a loser...BUT if he has an edge more leverage is the way to go...Just look at the model Prop Shops offer for professional equity traders...they would not be able to extract money from the markets without leverage and fast tools.

P.P.S. Drawing lines in the sand may be an unecessary evil.

Quote from chipmunk:

Yes I am amazed at the ignorance on risk. Anyone using more than 10X leverage is going to have some big drawdowns at the very least.
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Companies that offer 100:1 or 400:1 margin are appealing to gamblers, not traders. They do it because they understand it is a sure fire way to have trader blow up his or her account.