Just to share this groundbreaking news that I got to know of from Ray Barros’ blog. I have validated it with the official notice from NFA website.
I wonder if a buy and a sell position at different price levels for the same currency at about the same time constitutes a hedging position too.
Nonetheless, I guess [...]
Brokers's archives
New ruling from NFA: Forex Traders are not allowed to HEDGE anymore!
Platforms to practise forex on - Oanda
I have been using Oanda to trade forex for coming a year now. Thought I will share my experience with using the platform. First things first, why Oanda? Well, I have discussed practical questions to ask when choosing a suitable forex broker quite some time back. If you refer to those pointers, below discusses why [...]
My Dream Trading Platform
In my search for the “ideal” trading platform, I was “fantasizing” about my dream trading platform. Today, most trading platforms should already have the “must have” features, like entering market, limit, stop orders , charting, account management etc. Below are some “good to have” features which I am yearning for:
A strategy-based account
With this, I can [...]
Practical Questions to Ask When Choosing a Suitable Forex Broker Part 3
(continue from last part)
Brokerage Platform Functions
Because I am looking for an online trading platform, the functionalities I expect of the platform has to be lowered. You can be looking if a particular technical indicator is available or whether it allows trading from the charts directly. For me, I am only looking out if I am [...]
Practical Questions to Ask When Choosing a Suitable Forex Broker Part 2
In an earlier post, I shared about how to find out if our hard-earned trading funds are safe with a forex broker. I feel this is the most important because there are many introducing brokers and it is very easy to set up a forex shop. Low barrier to entry mean there will be more [...]
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