Know you are really into the psychology of trading and I am in the process of learning by looking at candle legs, volume, ect. Time constraints and the fact I am not a patient person makes me better at scalping than anything else. Two truisms come to mind: āMans got to know his limitationsā ā dirty harry and āwhen ya learn to scalp, its like having the keys to the ATM machine - ya just reach in and grab a handfulā ā Stuās book on profitable FX trading ideas.
BTW At the beach most of next week and the next, so taking a break from trading and all other mental activities!
Iām jealous!! Know you more a mountain - ski gal than beach gal. I am a completely wild eyed beach bum. Post couple pictures where U at ā Iāll do same next week.
Know few had that feeling yesterday when Trump tweeted bout China and market had a conniption fit! Little tension in those that donāt believe in stops!
At the moment I am with IG. Being in the UK I am subject to ESMA trading rules, so my maximum leverage is about 33:1, and worse if I try other stuff like CFDs on shares or commodities.
So I am thinking about going back to Dukascopy, where I was always very happy with their platform and service ā¦ except that you had to pay for anything and everything. With IG I can get get money out the same day with no charges. With Dukascopy I always had to pay wire charges ( I think ), which are small at least, and there was a 48-hour lag. Also you can have your account in any currency you want from a selection of about six or seven IIRC. From the USA you probably need to use a VPN to get around the recent legislation.
Oanda are pretty sound. When Thomas Jordan pulled the plug on the Swiss Franc peg Oanda were one of the few to survive without suffering major damage to their business. unlike FXCM
edit: I liked LMAX too, except their charts were unimpressive when I was using them. Their order processing is really slick and you have a view of a few useful commodities such as oil and gold.
I had an Oanda account a few years back. I found them pretty good except at news times such as the NFP when the spread yawned. It was good to be able to trade any size of contract that you might want, such as $2500 just for example.
I was in North Carolina at the beach one summer and the water was cool in the morning around 10-11am. Then within minutes, while I was in the water, it got warm yet the air temp barely changed. I noticed that the sea current from before was from the north but it had switched to a southern current. Nice.