T
Thabo Kgost
@thabokgosi
Last seen:
4 hours ago
Gold Trader
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iFX minimum deposit is $10. I advise you avoid using the card payment option ( i mean debit/credit card) because withdrawals can take eternity. OZOW is my favorite option. The bonus depends on your account type, not all accounts qualify for bonus, but yeah its legit and adds to your margin so you can set a wider stop loss
SabioTrade leverage of 1:30 is too low, I am sure you noticed it stopped you from opening several positions
I know this feeling, it comes up all too often. Sometimes after trading a small lot size and making a profit, something begins to tell me I should have taken a bigger lot size and that I am a coward
Someone with 1:500 leverage can simultaneously open 5 times more trades than a person with 1:100 leverage assuming they are trading the same instrument, with the same lot size. But on the flip side, the person with 1:500 leverage is 5 times more likely to be kicked out of the market when losses start mounting
Don't panic the broker has systems to sort this out, they will refund the difference before the end of the business day if not they will see it as an overage or imbalance when closing their books for the day.
This technique is underrated, and is very good. When the boat man jumped onto the bridge, it was like closing a losing trade to cut losses early.
So, yes you can trade us30 at any time of the day but you will likely witness slow price moves and you will have to wait a longer time to make profit. But if you enter the market at 3:30 pm you will make profit faster because the big stock exchanges like NYSE open by that time and they will send in their orders causing the market to surge and move quickly. Hope this makes sense.
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