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Showing content with the highest reputation since 12/12/2019 in all areas

  1. Hi Sher Safeoption24 look as though they are a scam. I noticed their website said they were regulated by CySEC under the name blue port investment service, but that company shows no affiliation to safeoption24. I also looked at customer reviews and they all wanted against, saying they are a scam... My advice to you would be to avoid them! Hugosway also look like they are a scam. They do not mention any regulation which is obviously a big red flag. They also have a lot of terrible reviews and so I think its better to avoid them as well. If you are looking for a broker I would suggest checking out our reviews here - https://www.asktraders.com/broker/forex/ Whichever broker you choose make sure they are regulated in your region. If you have any other questions just ask
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  2. Hi i have been scammed by www.jp.finance , i would like to ask if this ever happened to anyone that was able to get his money back please? Thanks in advance.
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  3. Hello, I am interested in investing in either of bonds ETF or bonds mutual funds. However, I want to go for the most profitable. This is an investment. Therefore, I expect nothing but a profit. I want the one with low risk. Thus, I need to know exactly which one of the two is best for me in the purpose. Advise me accordingly, please.
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  4. Hello, I need some advice on ETFs. I would like to understand if it's possible to infuse ETFs in my retirement account. And if yes, how is it possible. Is it possible to use ETFs to create a firm portfolio? Advise me accordingly, please.
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  5. The world has embraced the use of bitcoins, a popular cryptocurrency, as a payment method. The value of bitcoin has been increasing, making it a very important cryptocurrency. I'm planning to invest in cryptocurrency, but I'm not sure if I just want to invest in one. I would like to explore my options. Are there other important cryptocurrencies that I can consider when investing?
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  6. Hello, I'm planning on investment money in ETF. My only worry is the attached costs to expect. I would like to know the costs I will incur by investing money in ETF. I want to understand the kind of market I am pursuing and if it's worthwhile.
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  7. I have seen the success of my friend in trading. I'm very interested in starting to trade myself. While I was reading through trading stuff, I came across night trading. I tried to understand exactly what that means, but I still can't. Explain to me what exactly is night trading.
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  8. I'm so interested in trading. I see different trading platforms and I would like to create a trading account. However, I'm not quite sure which platform to use. I would like to know if I can open multiple trading accounts either in one platform or in different platforms.
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  9. Definitely do not trust them. In terms of getting the money back it will be very hard. I have seen that there are some things you can try such as leaving terrible reviews of them on FX review websites (there may be a way to do that here on AskTraders, but check others as well). First tell them you will be leaving terrible reviews online unless they give you the money back, then if they don't give it back to you start to leave the reviews. You could threaten some sort of legal action, although i'm not sure they will take any notice as financial authorities never seem to do anything in these situations. Other than that i'm not sure there is too much else that can be done to be honest, sorry. For brokers I would suggest checking out IG markets. I'm not sure if they are available in Romania but they are a very reputable broker in the UK so worth a try. Hopefully all goes well and you are able to recover your money. If you have anymore questions then just ask... Good luck!
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  10. In my opinion yes, the affect on the Chinese economy seems as though it could be rather large. This will have a knock on affect to the rest of the world economy and especially the EU as there is a lot of trade between the 2. This could mean a weakened Euro. However, due to the Euro becoming more of a safe haven currency in recent times, it may not weaken as much as normal.
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  11. Mohammed, I wouldn't necessarily agree that it is due for a sell off. I think the current risks in the market will keep gold prices elevated. There seems to be risks from all angles at the moment, even if they aren't at the forefront of media reports. I would point to the coronavirus as the main worry right now, and even if a vaccination is created or the spread is contained and reduced, I would then look at the slowdown in the Chinese economy as another risk to markets. We then of course have the trade war and phase 2 negotiations, Iran and the US potential conflict and the massive amounts of debt in the global economy. Now, Im not saying there will be a crazy selloff and we will plunge into a recession. However, I think the current risks are enough to keep gold elevated, for now.
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  12. Definitely agree with Jaglom above. If you are ever wondering about how much a trader can make each month in terms of percentage then I would suggest going and looking at some of the top hedge funds yearly performance and divide it by 12. That should give you an idea of what your own expectations should be (hint: a lot lower), especially as a newer trader.
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  13. Hi Mr Green, Thanks for your question! fxglory.com are almost certainly unregulated. A regulated broker will always publish who they're regulated with on their site, usually in the footer, and fxglory have nothing like that. You're doing the right thing by filing a chargeback, we have a guide to chargebacks here which explains the chargeback process: https://www.asktraders.com/broker-complaints/complaints-board/#guides-container When you file a chargeback the card issuer has to refund the deposits unless the merchant successfully disputes the case. For this to happen they will need to provide compelling evidence that the case should be settled in their favour. What that evidence is exactly will depend on the chargeback reason used, but will most likely have to include things like proof of your ID and address, copies of any contact they've had with you (emails, calls etc). And to answer your last question there's no way to be sure, as they're unregulated, but it's certainly possible. This is why we always recommend you use a regulated broker. Hope this helps! The AskTraders Team
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  14. Blockstream’s chief strategy officer, Samson Mow said that Facebook should have used bitcoin (BTC) as a platform instead of developing its stable cryptocurrency. He criticised the new project in a series of tweets yesterday. Mow also said that Libra is in a bad spot at the moment because of all the possible regulatory actions against it. He says that he believes Mark Zuckerberg had no clear idea of what he is building. “Libra can't be everything for everyone, and it can't be both open and closed at the same time” Mow said. Mow also pointed out that the creators of Libra have to control its cryptocurrency in order to fulfil all their promises. However, that defeats the purpose of it being a cryptocurrency, as one of the main attributes of cryptocurrencies is that they are decentralised.
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  15. Nvidia Corp. (NASDAQ:NVDA) just announced a new line of gaming chips that are an extension of its powerful RTX line of Turing-based gaming cards dubbed “Super” in an effort to outdo Advanced Micro Devices Inc. (NASDAQ:AMD). The new chips have advanced capabilities including the all-new ray-tracing technology and the Deep Learnings Super Sampling (DLSS), Nvidia’s AI-assisted tech that increases the gaming speed when a device is handling games with heavy graphics. Many analysts see today’s announcement as a direct challenge to AMD’s Radeon 5700 XT chips and the other 5000 series chips launched in June this year, which experts claimed were 10% faster than Nvidia’s top range RTX 2070 chips. AMD’s share price rallied 10% higher in one trading day following the announcement, and Nvidia claims that its new chips are 25% faster than their predecessor, which should arouse the interest of most hardcore gamers. Many analysts are saying that the uptake of the new RTX 2060 Super and RTX 2070 Super cards depends on how well Nvidia markets the chips, but there is a fair chance that the new cards will push this industry giant back to the top.
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  16. The Japanese Yen has continued to rise but has it hit a wall. With US China trade tensions slowing down global export demands the demands for risk off assets such as the Yen rose rapidly however it is important to note that some currencies are starting to make some gains back against the yen. If the risk off sentiment continues then we could see the yen continue to rise but it seems this risk on sentiment may be slowing with the S&P touching all new highs in the last hour and oil prices gaining it seems the appetite for risk is gaining once more. Also another important note to add is that as interest rates lower and the central banks go through their rate cutting cycles (some of which have started) then the risk appetite will get stronger causing the yen to depreciate. With this i believe in the next couple of weeks we will see a risk on sentiment before the JPY starts to make any possible gains.
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  17. Best currency pairs on Emerging Markets non EU denominated currencies?
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  18. Stochastic is an indicator created by George Lane in the late 1980’s. It indicates when an asset is overbought or oversold. It can also indicate an impending breakout or trend reversal. Stochastic explained There are a few variations of stochastic,but in Lane’s original version it contains two lines. The first of the lines is called %K. The second is called %D. %K is calculated by taking the highest high and lowest low of a preceding time period and defining a range using those values. Within this range, the price is then expressed as a percentage of its distance from the bottom of the range. A %K of 50% indicates that the price is in the middle of its current range. A %K above 80% indicates that the price is near the top of its range. A %K below 20% indicates the price is near the bottom of its range. The time-period used to define the range can be any number. In the original version, the previous 14 periods were used to define the range. Many stochastic indicators today use a 5-period range instead of a 14-period one. %D is calculated by taking a 3-period moving average of %K. In the original version, this is a “slow” line that is smoother than %K. Crossovers between these two lines are used as buy and sell signals. Many modern versions of stochastic do not show %K at all. Instead, they show %D and a second line that is a 3-day moving average of %D. Regardless, most variations of stochastic have two lines, and crossovers of these lines are used as signals. Stochastic example The chart above uses a hidden %K defined by a period of 14 days. The two lines that are shown are a “fast” sea-green line and a “slow” dotted red-line. In this chart, we can see that the stochastic for USD/CHF fell below 20% in late August, 2018. This implies there was strong downward momentum. In late September, the fast (sea green) line crossed the slow (dotted red) line from below and both lines moved above 20%. This move was accompanied by a widening of the distance between the two lines. After this signal occurred, the price moved from 0.96596 to 1.01095, a gain of over five hundred pips. From late September to mid-November, stochastic stayed above 80%. This indicated strong upward momentum. But in mid-November, the fast line crossed the slow line and both lines moved below 80%. In addition, the space between the lines widened. This indicates that a trend-reversal may be occurring. How to trade using stochastic There are strategies that traders can use to take advantage of the information provided by stochastic. Here are a few: When stochastic is above 80%, consider it “overbought.” Look for chances to go short. When stochastic is below 20%, consider it “oversold.” Look for opportunities to go long. When stochastic crosses over and moves out of oversold condition, buy the pair. When stochastic crosses over and moves out of overbought condition, sell the pair. When the price is going up and stochastic is going down, this is a “divergence.” Sell. When the price is going down and stochastic is going up, this is a “divergence.” Buy. The stochastic indicator is a measurement of the momentum of price over a given period of time. It can be used to identify overbought and oversold conditions, catch breakouts, and find impending trend reversals. It’s an excellent tool to find profitable Forex trading opportunities.
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  19. Trading using broker platforms presents an opportunity to buy and sell positions that are greater in value than the amount of funds you deposit in your trading account. In the simplest example, you deposit $5,000 into your trading account and then buy (or sell) $15,000 of a CFD. The funds deposited, in this case $5,000, is your margin, and the ratio of your deposit to the size of the total holding is called leverage. This is different from a conventional ‘buy and hold’ equity trading account where cash paid into your account must be at least equal in worth to the value of the instrument you are buying. A further thing to note is that conventional accounts, unlike broker platforms, don’t allow you to sell-short in the market. Reviewing a broker comparison site shows that the amount of margin required can vary broker by broker. Individual brokers will also apply different margin rates across different products and markets. That is because the broker platforms factor in the levels of price volatility associated with different types of markets. The greater the risk of a dramatic price change, the more margin will be required to trade, and accordingly less leverage is possible. The below shows a summary margin report on a live Demo account, in this instance using the one provided by www.markets.com. httpssss://demo-trader.markets.com This trader opened the demo account with a balance of £10,000 After opening and closing some trades Realised Profits are £166.43 so the cash balance is £10,166.43 There is an open position currently running and showing an Unrealised Profit of £221.09 The Equity in the account is the sum of cash deposited + realised profits + unrealised profits = £10,387.52 Used Margin = £1,750.81 This figure indicates the sum of the margin currently being used by open positions. It is calculated by adding all of the Initial Margins of the open positions. In this demo account, there is only one open position which is an amount of 5 of the UK100 Futures. A long position, giving the trader exposure to the UK FTSE 100 and with an entry price of 7003.95 Margin is calculated using the formula: Entry price x quantity x leverage = 7003.95 x 5 x 20 = £1,750.81 = the referenced Used Margin number. The ‘real value’ of the position = the current price x quantity. In our example, if the future is trading at 7,046 and we hold 5 the real value = 7,046 x 5 = £35,230. Bringing these things together, after using £1,750.81 as margin to enter the trade and applying a leverage rate of 1:20 the account exposure to the market is £35,230. We mentioned earlier that different broker platforms offer different leverage levels across different markets. The below extract from httpssss://www.markets.com/cfds/ gives an example of the rates across a few instruments. Trades put on instruments in the energy market will have a leverage of 1:10 applied and so would use up the spare margin twice as fast as any further positions in the UK Index. Or to put it another way, following a deposit of £10,000 the account has put on a position equating to about £35,000 and still has spare capacity to put on more trades as the Free Margin is £8,636.70. The way that leverage and margin allow exposure to the market which is much greater than the initial funds deposited must be considered when trading because profits and losses can be considerable in relation to applied funds.
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  20. I have seen figures quoted as anything from 2%- 30% whats a realistic monthly profit % month on month?
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  21. Hi, I'm almost sure I was defrauded by an offshore unregulated forex firm called fxglory.com. I'm now preparing to file a credit card change back to retrieve my deposited funds. Questions: Does the anyone have any information from other people if fxglory is indeed a fraud company? Is there any legal requirement for the credit card company to refund my money? Is there any way for an unregulated forex company to actually trade in the forex market or they are just making visual trades with no backing in the real market? if you could help i would gladly appreciate.
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  22. EinehäufiggestellteFragezum Handel mitAktienist, wievieleSiegleichzeitighandelnkönnen. Ichdenke, die Frageentstehtvielleichtaufgrund der Tageshandelsregeln in den USA, die, wennSienichtmehrals 25.000 USD auf IhremKontohaben, nurvier "Day-Trades" innerhalbeinesZeitraums von fünfWerktagenzulassen. Die Anzahl der Aktien, die Siegleichzeitighandelnkönnen, istunbegrenzt. Oder zumindesttheoretisch.Esistrealistischbegrenzt, wieviele Trades Siephysischanlegenkönnen und wievieleAktienSieverfolgenkönnen. FolgendeAktien Jeder Trader hat eineWatchlistodereineListe von Aktien, die erausirgendeinemGrundverfolgt. VielleichtdrohteinAusbruch, oder die Aktiebautein Kopf-Schulter-Muster auf. VielleichtgibteseineentscheidendeUnterstützungodereinenWiderstand in der Nähe der Aktie. EsgibtvieleGründe, eineAktiezueinerBeobachtungslistehinzuzufügen. EineSache, vor der Sievorsichtigseinsollten, ist, zuvieleAktienzuIhrerBeobachtungslistehinzuzufügen. SiekönnennuranwenigenAktiensorgfältigrecherchieren. WennSiezuvieleAktien in IhrerListehaben, schneidenSieIhreForschungzukurz und SiemachenFehler.Und dieseFehlerwerdenSiewahrscheinlich Geld kosten. WennSiezuvielenAktienfolgen, wirdIhreForschung und Ihr Handel zuchaotisch.BegrenzenSiestattdessenIhreBeobachtungsliste. Die Anzahlhängt von IhreneigenenFähigkeiten ab. Einige Trader sindschnellerim Research alsandere, odersiehabenmehrZeit, sichihrzuwidmen und können 40 oder 50 Aktiengenauverfolgen. AnderemüssenihreBeobachtungsliste auf 10 Aktienbeschränken. WennSieAktienauswählen, die eindeutigzumAusbruchbereitsindodereinemstarken Muster folgen, wird dies fürSiemehralsgenugsein. WennSiesichmit der Recherche und Ermittlung von Beständenverbessern, könnenSiedieseZahlerhöhen.
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  23. Ich bin sicher, Sie haben gedacht, es muss einen einfacheren Weg geben, um zu handeln und von den Märkten zu profitieren. Wenn dem nicht so ist, werden Sie gespannt sein zu erfahren, wieMirror-Trading und Copy-Trading den Handel einfacher machen könnenMirror-Trading besteht seit dem frühen 21. Jahrhundert und besteht aus dem Auto-Tradingvon Signalen, die von verschiedenen (normalerweise) programmatischen Handelsdiensten und Signalen angeboten werden. Copy-Trading ist insofern ähnlich, als dass der Handel der stattfindet, auf einer externen Quelle basiert. In diesem Fall funktioniertAuto-Trading, indem der Handel menschlicher Händler kopiert wird. Eine Ähnlichkeit zwischen Mirror-Trading und Copy-Tradingbesteht darin, dass es beide Arten von Social- Tradingsind. Wenn Sie also Vermögenswerte nicht direkt analysieren und Trades platzieren, folgen Sie den Anweisungen anderer Trader und platzieren dieselben Trades, die sie platzieren. Obwohl es Ähnlichkeiten gibt, gibt es auch Unterschiede, die Sie durch eine detailliertere Erläuterung der einzelnen Formen von Trading verstehen werden. Mirror-Trading ist die ältere Form von beiden, sie wurde vor fast zwei Jahrzehnten entwickelt, um große Geldbeträge zu investieren, die die von vielen Auto-Trading-Systems platzierten Trades verfolgen. Mirror-Trading hat eine eher investitionsorientierte Denkweise, und da einer großen Anzahl von vielen Auto-Trading Systememgefolgt wird, sind umfangreiche Investitionen im Vorfeld und die Fähigkeit, einer großen Anzahl von Trades standzuhalten, erforderlich. Dies kann dazu führen, dass Mirror-Trading für neue Trader und diejenigen, die zur Platzierung eine begrenzte Anzahl von Trades verwenden, einschüchternd wirkt. Aufgrund der massiven Aktivitäten, die mit einem Mirror-Trading-Konto vor sich gehen, ist es eine gute Idee, dran zu bleiben, um sicherzustellen, dass alles wie geplant läuft und dass Sie über genügend Geldmittel verfügen, um das Mirror-Trading weiterzuführen. Copy-Trading verfügt über eine einfachere Herangehensweise als das Konzept des Mirror-Tradings und ist eine bessere Alternative für neue Händler und solche mit kleineren Konten. Beim Copy-Trading können Sie den Trades folgen, die von anderen Händlern platziert wurden, und diese in Ihr eigenes Konto „kopieren“. Beim Copy-Trading ist das Volumen viel geringer, und Sie haben die Wahl, einzelnen Trades zu folgen oder sie zu überspringen. Sie können auch mehr als einem Trader folgen, wenn Sie möchten. Copy-Trading ist mehr darauf ausgerichtet, die Märkte und verschiedene Handelsstrategien zu kennenzulernn. Copy-Trading erleichtert ein geringeres Handelsvolumen und die Weiterverfolgung und Beobachtung dessen, was passiert. Es erleichtert auch die Übersicht über Ihr Konto zu behalten. Und da Copy-Trading einer wesentlich geringeren Anzahl von Konten folgt, ist es auch einfacher, den Handelsverlauf und die Erfolgsquote derer zu analysieren, die Sie beabsichtigen zu folgen.  
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