Gleywilleyy

Joined Jun 30, 2020

Posts: 43

Connections: 0

Experience: No Experience

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Recent Posts

My concern on lot commissions

You can trade currency pairs based on their volatility and how profitable you think they can be for you. With the right strategy and analysis, you can improve your trades. Like I did with USD/JPY and USD/CHF with IB. You can look at different pairs and their pip value will probably depend on the ...

6502

Mar 09, 2021 at 12:18

My concern on lot commissions

Yeah keeping the leverage pretty low can work well for an effective risk management.

6502

Mar 08, 2021 at 11:53

Leverage is among the things

See you can practice how to use stop loss correctly to keep a check on your trade. This will also help you to minimize the losses. There is not a lot that you’ll have to do but with certain trials and practice, you’ll get the hang of it. I also started with a little knowledge with IB and Fxview b...

3051

Mar 06, 2021 at 12:41

High leverage = High risk?

@Garey I used to think that too but when I actually used leverage, it kind of increased my capital efficiency. It also works well during low volatility periods. I was recently trading with ib and I worked with some highly leveraged positions but the result was pretty good so there’s that. I think...

8024

Mar 05, 2021 at 13:09

Leverage is among the things

Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.

3051

Mar 05, 2021 at 13:02

Gleywilleyy's Reviews

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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