FOREX - Trends, Forecasts and Implications 2015(continued) - page 530
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Watch out for the crosses. They're insidious beyond belief.
this may help sometime EURUSD-USDCHF=EURCHF
In short, if the chiff under-moves relative to the euphoric, that movement will be in a cross
and so in any triangle, only the sign will be different - where "+", where "-
be careful with the crosses. they are extremely insidious and the spread is steep there
this might help sometime: EURUSD+USDCHF=EURCHF
In short, the physics is that if the CHF fails to move relative to the EUR, this movement will be in the cross
and so in any triangle, only the sign will be different - where "+", where "-
So tell me, why get into them? In my opinion, it's better and more realistic and much simpler to trade five chips for one instrument than 0.5 for ten.
Guys, what's the best leverage for a $100 account?
100 to start with, if there is less, less is better
100 to start with, if there is less, less is better. The higher the leverage, the greater the risk.
No offence, but can you imagine what the margin would be as a % of your deposit with 1:50 leverage? I don't think you can even enter a trade with 0.05 lot.