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DTers Weekend Aftermarket Lounge - 19-21 Oct, page-132

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steps_asx

6,195 Posts.

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21/10/18

21:26

Post #: 36203943
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Originally posted by Endless ↑

Originally posted by babysteps
I have both demo and live and yes I know but I’m naturally cautious until I’m feeling really ready. A family member of mine is in the industry and even he was like J blah blah be very careful and giving me lectures on understanding macroeconomics etc this week.
Make sure you understand the position with how they will treat your stop/loss. Or even if they will decide what your stop is. When I traded options they could immediately sell your positions if they went into loss. If you weren't up all night watching then market could move in the night and open with you looking to be in profit except you had been sold off. Just too many variables for my liking. But I never tried trading Forex.

Trading ASX shares is much easier imo.

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I’ve been setting my own stop losses I wouldn’t leave a trade unmonitored ever too volatile.

Especially since when I started on demo oil opened up so much lower it was frightening to watch. Believe me I am careful.

Last edited by steps_asx: 21/10/18
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