Jump to content

amazingjuly

Members
  • Content Count

    22
  • Joined

  • Last visited

Community Reputation

67 MegaTrader

About amazingjuly

  1. appears to be impressive On a real-world basis, one thing that comes to mind is a problem with the execution times of your orders. They execute instantly in the demo, but you may experience drawdowns due to lag on real accounts. I'm guessing this strategy should be tested on a live demo account first.
  2. So, I believe the swap only applies to the pair that is on vacation on Monday? Those exotic pairs impose such a wide spread that short-term carry trades are unprofitable. Major pairs, on the other hand, typically have a negative swap for both buy and sell trades...
  3. I recently discovered that Pepperstone and Thinkforex (now Thinkmarket) charge their clients a triple swap rate on Wednesdays for weekend clearance. When asked what would happen if I closed the trades the following day, i.e. Thursday, would they return the extra two days swap to me? The answer is a depressing 'NO.' Could someone please enlighten me as to whether this is industry standard practice or just some astute brokers finding a way to extract more money from their clients while going unnoticed?
FinanceHeaven

Info

Any opinions or market advice expressed in the community sections do not necessarily reflect the views of FinanceHeaven or its affiliates. The comments and opinions expressed are those of traders who are either inexperienced or inexperienced. FinanceHeaven.net or its affiliates do not review or research the comments. If you choose to base your decisions or trades on the comments, you do so at your own risk. FinanceHeaven and its affiliates are not liable for any losses incurred as a result of using the content provided.

WARNING

FOREX trading carries a high level of risk and may not be suitable for all investors. Leverage increases risk and loss exposure. Before you decide to trade foreign exchange, think about your investment goals, level of experience, and risk tolerance. Your initial investment may be lost in part or entirely. Do not put money into investments that you cannot afford to lose. Educate yourself on the risks of foreign exchange trading, and if you have any questions, seek advice from an independent financial or tax advisor. Any data and information is provided "as is" for informational purposes only and is not intended for trading or advice. Past performance is not a predictor of future outcomes.

×
×
  • Create New...