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Agree found myself up at night watching the market, news etc....

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MistyDawn

938 Posts.

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21/10/18

21:31

Post #: 36203975
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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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Agree found myself up at night watching the market, news etc. Spotted some dubious stop loss hits, and when i realised its not cosha and pulled my small amount of coin out received a phone call (before funds released) asking if I'm just pausing my trading. Said I'm having IPO probs be back later (Not)...funds released....
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