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I mean there are forex managed companies out there.. Is that even possible to day trade with? One thing the OP should keep in mind is that anything after 50 standard lots is about all that can be handled otherwise you will have issues with slippage and orders not being filled properly and so forth. But OP, as long as you can keep pushing those numbers and stay at or below 50standard LOTS pip then you will still grow the account, just not at that same rate.
I never understand why people assume when you get more size, the trader will keep on trading the same percentage, it just doesnt work that way, again, once you hit a certain level, it just does you harm to trade that big. There are ways around this like having two accounts also i guess. But you get the point. You must log in or sign up to reply here. Your name or email address: Do you already have an account? There have been many new entrants in the field over the past few years or spin-offs formed by professionals that have left much larger firms.
Nobody wants to become an early victim trading forex. The learning process itself can be stressful and tasking on the nerves at times, but losing sleep over your choice of broker can be counter productive at best, and much worse if the broker goes out of business.
In order to avoid such disappointments at a later stage, it is wise to take your first steps with a Canadian forex broker that is regulated by the authority. Check with the CSA for positive credentials and funding information, or call directly to gain peace of mind. As traders ourselves, we know how difficult it can be to sift through the numerous offers in the market in order to reach a conclusion about which firm is the best choice for you. To help you out, we have compiled our own top-list of the best forex brokers above.
What business in their right mind would increase prices when nobody is buying, right? Check out these other cool properties of the Loonie:. The general rule is that whenever oil prices start climbing, the CAD usually follows. It is only when U. Remember, more than being close neighbors, the U. So whenever you decide to trade the CAD, take some time off to see how well or poorly the U. The CAD offers little movement during the Asian trading session and the morning European trading session.
Since the consumer price index tracks the increase or decrease in the prices of consumer goods and services, the report is closely watched by currency traders. It reveals whether the country is growing or not. A reading above base line On the other hand, positive U. Because of the proximity between the U.