S-should w-we t-try Fforex instead?

Take a pie and cut it into 8 pieces. Everyone gets a slice.

Now take the same pie, and cut it into 800 slices. Do you have more total pie?

All bubbles collapse, and margin just makes it happen faster.

kek i even found one that allows 3000x might try kek

forexmart with 5k leverage if you really want to go full retard

might try, anybody had success with insane leverage or does it end up like a100x on bitmex?

i did a 950000x leverage on forex for 33c and now im a trillionaire

How do you even anticipate prices in forex? Hedge for government collapses?

Probably 50% TA 50% hope

No you can't. Forex force sells your position after 24h if I remember correctly.

dont you need like 25k to do forex trading unless you're using CFDs? can't see myself doing that

I trade forex, forget about it, they will chew you up.
The only way I can do it is ultra short term but not too short term that the bots eat me. On every time frame there are 9000 fake break outs, rewinds and out of nowhere spike stop outs that will absolutely fry your brain sac.

>dont you need like 25k to do forex trading unless you're using CFDs
no, you can do it with 50 dollars if you want

Do they even have the order book in Forex? The whole system seems untransparent as fuck in comparison to crypto

so do you do it as a gambling thing or do you do it regularly with success? can you grow your account if you know what your doing?

>S-should w-we t-try
Take your stuttering back to lereddit, faggot.

more like 50% TA 50% damage control. basically you have to cut losses really quick when you fucked up and let it run when you do it right

Exchanges like LMAX have an order book, you can't see the interbank orders obviously, but everybody knows roughly where they are.
Even tick volume can be used as a good proxy.

>if you know what you're doing
that's the trick isn't it

>forex
>get raped by HFT super computers 24/7
sure sounds interesting

kek i was looking at my TA setup then went back to 2007 ....mfw TA timed the top right before everything collapsed.

In that classic, everybody was long then brexit happened, of course some mongs were leveraged 500 times, used 25% of their account and had no stops, F.
Before every good move, there will be a spike the wrong way. Nearly always.

>namefag tells to fuck off to leddit

is bot programming profitable or you are fucked due to actual professional bots? I tried my luck with it a year ago or so but I couldn't find a setup for my robot that made a profit

>where did all my money go?

You can make money by programming bots for other traders. You can also borrow their ideas from them for yourself that way.

better off with options or penny stocks

fuck bots, that's a specialist game on your own account.
You probably won't do this, but if you do you'll see interesting things.
>LMAX demo
>eur/usd chart
>23 tick candle chart
>5SMA (not close, use typical price, project forward 1)
make that MA retard proof, blue going up, red coming down. Put a colour zone on it, price above green, price below red.
Go full autism, watch it for days. You're scalping for 2-5 pips, or longer if you get a clear run.

Test it on the demo. Set a 5 pip emergency stop, and AS SOON as that bitch is coming back at you, scratch it, get out. click click click.

Bonus: put a 45 LRI on it, use for confirmation.

That was the craziest day I ever saw, absolutely fucking nuts, whole brokerages gone.

fuck off rational fag
We are going down
Smart friends know this, question is
Do we bounce off 7.5k support and recover?

Or do we just break all supports and call it quits

good spot user
we will overcome

Imagine you are trading on Kucoin.
With 100x more bots under- and overcutting you.
With no order book or depth graphs.
Most times with a shittier UI that sucks for TA.
With no constant social media information stream about the coins to know when is something about to pump or dump and all the events are already priced in.

That's Forex.

I will save this for when I get back into forex, will give it a try
the LMAX demo thing is a must or can I do it on metatrader? also any leverage or it's not worth the gains it eats in short movements?

Sounds fun I'll give it a spin

you get raped by fees in long term trades even if you're right. If short term, bots own you. Forex doesn't seem worth it in general. Crypto is best and if you're loaded you can do stocks

>1600 days for a maximum of 60%

so this is the power of forex

You can't do it on it metatrader with 1 minute candles, it's like smashing your head against a wall.
LMAX has a spread of 0.1 on eur/usd, the 20ish tick candles are going to show you small scale waves you never even thought about.
You still need a 5 minute chart and an hour chart to orientate yourself, I think you do, some people disagree. Pivots are important in forex, use auto pivots.
The LMAX demo charts are good, and they don't ring you up or bet you for a real account ever. I'm not shilling for them, but it's on a different level to memetrader.

>anybody except banks and japanese housewives buy and holding forex

It'd be a lot more if you played every dip. Holding is a crypto meme

thanks senpai, will do
>HODLing in forex
nigga you are supposed to play the small waves
on top of that some exchanges will put you a fee if you hold a position for a certain amount of time.

kek this guy is not wrong, some days it feels like a war. I'm not saying it's easy, you've got to burn the small scale action into your brain, enter without thought and run like fuck when you're wrong.

what about options/vix stuff? seems like what smart retail ppl outside of crypto are doing if they want to trade as opposed to just buy and hold in either equities or crypto

Risk management? On my Veeky Forums?

heh, sometimes I read this board and feel like fucking gandalf in comparison.
Final thought, you can probably do the stuff I just posted on bitmex with 1 minute candles, the swings are so retarded. Good luck if anybody has a go.

Know that feeling! Aaaand a bump for good advice. This guy actually knows what he's talking about.

Guys?

>run like fuck when you're wrong
but my ta says it's going to reverse pretty soon...?