Danneskjold

Joined Jul 26, 2013

Connections: 0

Experience: 1-3 years

Location: Slovenia

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Systems by Danneskjold

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Recent Posts

Question about placing orders at the start of market open (on sunday/monday)

The market doesn't open and go down. It just opens down. Assuming you're right and the Euro does go down (don't forget what happened on Tuesday, was it? when a resolution looked likely and the Euro tanked), and everyone knows this, who's going to be your counterpart in the sell? Even if you find ...

1030

Jun 28, 2015 at 10:59

Human stupidity?!

Most likely.I guess that it's just there's a lot of people who lose money in forex, and then whine about being scammed when they didn't take into account slippage or failed to apply proper stop losses. It's easier to cry fraud than review one's trading record. So, yeah; if you know what you're do...

1628

Oct 16, 2013 at 08:33

Human stupidity?!

Well, we don't want to go to extremes. I meant that more as a rule of thumb. Naturally there are less-than-scrupulous businesses that last for a long time and make a lot of money. Like Thalantas points out, FX is a foggy universe and there are plenty of areas that can be exploited. But in the lon...

1628

Oct 14, 2013 at 11:05

Potential US Default

Floating an idea here; it seems the markets pretty much expect that the US will not default on it's debt, and that politicians are going to run down to the wire before making any kind of concession/reaching agreement. This would be like the end of last year, for example, with the "Fiscal Cliff". ...

1057

Oct 14, 2013 at 11:04

Human stupidity?!

Basically, brokers are going to function like any other business: if you want to develop a successful business, you need happy return customers. So any broker that's looking to stay in the market for the long term is going to have to maintain good business practices, because otherwise they will l...

1628

Oct 10, 2013 at 12:28

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845