Threads
US30 trading strategy
Replied 1 hour ago -
With price reversing back into yesterdays London range, it provides another sell opportunity.
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Best Time For XAUUSD Trading in South Africa
Replied 7 hours ago -
Prime Window — 15:00 – 18:00 SAST
This is widely considered the best time for trading gold in South African time. It’s when the London and New York markets overlap, bringing high liquidity, big price moves, and tighter spreads — ideal for most strategies.
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what is margin trading, what assets can i trade on margin?
Replied 9 hours ago -
Margins means in a lay man’s language You put down a small amount of your own money (called margin) and your broker temporarily lends you the rest so you can take a bigger trade.
Example idea (not advice):
If you have $100 and use 5× leverage, you can open a $500 position.
But if the market moves against you, you can lose money much faster than normal.
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if you can't take a small loss, you will be forced to take a big one
Replied 11 hours ago -
Personally, based on my strategy I place my stoploss at invalidation zones . These are zones that if price goes beyond it then the setup is a failed setup. This is to say that I don’t really cut losses when I take a trade cos I know where price should gets to before the trade becomes invalid.
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How to calculate 0.1 lot size in dollars
Replied 11 hours ago -
I actually haven’t tried that platform before seriously. Now that you said it’s good, I will check it up.
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| ⚖️Is Forex Trading in UK Legal? | Yes |
| ⚖️Forex Trading Regulator | Financial Conduct Authority (FCA) UK |
| 📅 Date Established | 2013 |
| Investor Protection | Financial Services Compensation Scheme (FSCS) up to 85,000 GBP |
| ✅No. of FCA Licensed Forex Brokers in UK | 15+ |
| 💰Average OTC FX Turnover for UK 2022 (BIS Survery) | 3.755 Trillion USD |
What is Forex Trading & How Does it Work in the UK?
Forex Trading is when you try to make profit from predicting if the exchange rate of a currency will rise against another currency.
To trade forex you pair two currencies together (example GBP/USD) & if you think the exchange rate of the pair will rise, you place a buy order for a specific quantity, to profit if you are right.
On the flip side if you think the exchange rate will fall, you place a sell order to benefit from the fall.
To be able to trade forex in the UK, you need to use the services of a forex broker whose function is to provide you the trading software, liquidity & enabling environment needed to trade.Forex trading in the UK is totally legit & is regulated by the Financial Conduct Authority (FCA) UK.
If you trade with an FCA licensed broker you are eligible for compensation up to 85,000 GBP if you suffer pecuniary losses due to broker bankruptcy etc.