Trade - Trade.com

[Nihuginn]

It all depends on how long you plan to live and how long you plan to trade.
Tading with 1:10 risk/reward is the first step on the path when you end it all stepping out the window of a fancy hedge-fund office with a splendid view on Manhattan. It's not simply sychologically difficult. Its psychologically unbearable tIo take this loss after loss. Even when you know stats are on your side. Can be possible for a little while to multiply the capital and run from the market. But not for as a life-time job.
I've known one trader who knows how to manage trades in a way that cuts the losses immediately. Yet, his initial stop losses are not that small. 1:3 initial R:R I would say. In any case, sometimes he really manages to let the profits flow, and gets a bigger than initial R:R. But this man is one of a kind trader. I've never seen anything like his trading style. He does not leave the platform when he trades. And he does not trade over 2 hours a day.
The rest of us, mere mortals, are doomed to find other, less stressful for us trading methods. And my point is that investments is one of such methods.

 

[2iquelo]

Would be interesting to have a look at how he trades Scalper? For how long does he trade?
BTW I've funded the account here. I'll see, maybe I can do at least half as good as your trader

 

[Nihuginn]

Congrats and fingers crossed that you can! I sincerely wish you success!
He trades since 2008 and no, I wouldn't call it scalping. He is using 5 min timeframes, but trades when the markets are volatile. US market opening is when he trades normally.

 

[2iquelo]

Thanx for all the good wishes! So far so good. I'm rather pleased that executions do not differ too much from demo here.

 

[Hulas]

Glad you've made up your mind. Yeah, accurate executions have always been a strong point. of trade.com.
Myself I'm biting my nails here. Unbelievable how these markets grow with no retracements!! Wish I've invested earlier this year!

 

[Morlugamand]

The funny thing that nobody in the world knows why all this is happening in the market now. Stocks can't grow with 10X speed only because of lowered interest rates. Or they can?

 

[Hulas]

They can't. When rates go down, people normally buy gold. I think the matter is the popularization of investment ideas among younger generations and all over the world. Globalization might be the key. US people used to invest in the US stocks. Now lots of people from Europe, Asia and other countries invest via special platforms, services like trade.com and other brokers. I think this is the reason. But I doubt the euphoria can last long enough.

 

[2iquelo]

Exactly! This is why the good old daytrading is my choice which I'm quite happy about so far.

 

[Ishnnis]

If any of you started trading recently with trade.com can you let me know please what is their limitation on the minimum trading deposit. I want to start with a very small depo and increase it if all goes well.

 

[2iquelo]

Depends on what ar your goals here. Investing at trade.com starts at 10k, but if you are only interesed in CFDs, they can let you in with as little as $100. The question is whether its favorable to trade CFDs with only $100 on account though...