September 13, 2012

Broker experience (recommended)

Hi all, currently I'm using Xemarket for trading. Nice thing about this broker is that it offers cfd, stock and even gold and silver. Its a regulated broker and the execution is flawless. Really recommended for trader who depends on correlation between currency or stock market itself. But the thing is dont over leverage your account since it offer 1:888 leverage. My recommendation is 1:100 and max 1:200. Be remind, the more you loss, the more difficult for you to recover the equity. Rule of a thumb, please risk 2% of everytrade. Happy pipping.

P.s: last 2 months of trading is nice (Ibfx). Now im using Xemarket since it offers gold and silver.

http://www.myfxbook.com/members/cheshire

June 17, 2012

Greece...

Today is 18th june 2012, there's alot of floor trader shorting Greece (euro) already since last week due to economic turmoil. Been talking with some of big hedge fund manager regarding this and its not looking too good for the time being. If indeed you long euro during this time please make a hedge by trading some futures. Just my 2 cent. To be a successful trader, look into fundamental then technical analysis and yes money management. If i have sometime, i will post some good strategy for you guys. Been busy most of the time.

Best regards,
Cheshire