Great, just in time for me to start trading my new system I just spent 200 hours creating...
I note in Australia where there seemed to be resistance to reducing leverage (unlike in Europe), they are now down to 100:1 on their Forex/CFD accounts.
In Europe it's much worse. The excuse of course is that the public need to be "protected" from…
Great, just in time for me to start trading my new system I just spent 200 hours creating...
I note in Australia where there seemed to be resistance to reducing leverage (unlike in Europe), they are now down to 100:1 on their Forex/CFD accounts.
In Europe it's much worse. The excuse of course is that the public need to be "protected" from themselves in case some idiots blow up their account by trading ludicrous position sizes.
Great, just in time for me to start trading my new system I just spent 200 hours creating...
I note in Australia where there seemed to be resistance to reducing leverage (unlike in Europe), they are now down to 100:1 on their Forex/CFD accounts.
In Europe it's much worse. The excuse of course is that the public need to be "protected" from themselves in case some idiots blow up their account by trading ludicrous position sizes.
Thank for the heads up, I'll keep an eye on this.
Bernanke was warning about "cascading" from 3x leveraged ETFs. They know what is coming, and this is all for show.