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Cedric

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Everything posted by Cedric

  1. Cedric

    Stop loss

    I am trying to get to grips with stop loss. My account is £2,500. I buy/sell at 1.0000 with no stop loss. I trade at a size of £5. At what point would I be stopped out if there was a large spike? If my trade size was £1 would this be 5 times more?
  2. Cedric

    Stop loss

    Thanks for your speedy reply. If I buy/sell at a price 1.0000, size £1. At what price price would I get a belated margin call. I am trying to find out what the length of that spike (in pips) would have to be relative to the account size and trade size. At the moment I have a Demo a/c and a month ago I inadvertently increased the capital to £999.999.00. As you probably know a few weeks ago there was a larger than normal spike and I wasn't stopped out. This is why I am now trying to understand why.
  3. Cedric

    Demo account

    Can I hold a second Demo account?
  4. Cedric

    Charges

    I am new to Forex and as yet only have a Demo a/c. I am also wanting to trade on a weekly time frame and possibly monthly. What would the charges be if my trade was in the market for 6 weeks. Also what if I left a monthly time frame in for 6 months.
  5. At the moment I have a demo a/c that I haven't as yet used. I am in the process of learning but to start with I am only interested to trading weekly and monthly. (limited time) I haven't found a lot of information on YouTube or the internet. Can any of you point me in the right direction. I am also a little confused as to the fees payable for such trades. Any information would be greatly appreciated.
  6. Cedric

    Trading fees etc

    Thanks James for your speedy reply but I'm not yet into spread betting. I am interested in weekly and monthly trading in the Forex market. Any help would be appreciated.
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