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10/06/21 10:53
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Posts
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By Maxicreed01 · Posted
That's a wise call and it's important to also confirm that the exchange of your chosen should be in compliance and perhaps licensed in your country. -
By Captainsaudi · Posted
Investing in crypto could be challenging especially the Fear of Missing out Lambo. This mostly affect traders trading strategy and ideology. Predicting the right time to buy is always cumbersome and that is why many analyst advise DCA because it curtails FOMO and gives you a long-term crypto trading mentality. In crypto Dollar Cost Averaging involves investing the same amount of money in a target token at regular intervals over a certain period of time, regardless of price. This will help to control volatility on your portfolios and minimize FOMO For example when you decide to invest $100 on a token and invest $10 daily or weekly or monthly till you fulfilled you $100 target investment on the token irrespective of the price of the token. This strategy helps a crypto trader to build his portfolio over the long term thereby he/she is not bothered by short-term volatility in the broader markets. This strategy mostly favours low-budget traders in building a strong portfolio but the problem most normally encounter is exchange minimum trading amount. One analyst advised on how to mitigate this was to accumulate on exchange that has lower trading fees and later send to where you desire to hold. He also noted that some of this exchanges are good in listing good projects for you to be among the early birds. Do you think DCA is the best method to accumulate token and which exchange offers the lowest tradeable balance and trading fees? -
DXY now wait for confirmation or rejection
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Question
Guest superdry
Morning all,
I am new to IG and have a question about the daily FX interest. Sorry if I have posted this in the wrong place...
On my demo account I have charges for daily FX interest for AUD/USD:
04/09- 1 day
07/09- 3 days
08/09- 1 day
11/09- 1 day
The only times that I've left a trade past 10pm was one opened on 31/08 (closed at 23:44) and one opened on 4th (closed on 5th at 01:58). Can someone explain how this works? I know if you hold over a weekend you'd pay 3 days but I haven't done that. Also I don't understand why there are charges come in on the 8th and 11th when the last time I held past 10pm was the 5th!
Sorry if there is a simple answer that I just can't seem to see... Any pointers would be much appreciated.
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