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UvaKail123

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About UvaKail123

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  1. Yeah, big speculators got net long AUD on the COT for the first time since 2018 last week. This thing may have some juice.
  2. True, they would rather you put your money with them so they can put you in passive investments and charge you a fee every quarter to do nothing. That's why retail brokers are shrinking in the US. Plus the government thinks they need to protect you from yourself. Either way you need enough capital to make it in trading otherwise you'll constantly be playing the lottery and we know how that usually turns out.
  3. I think 50 to 1 in Forex is more than enough. 2 to 1 in stocks is even enough since they move way more than currencies. Options definitely help give you leverage and help with risk. Options aren't that complicated in my opinion. All you need to know how to do is basic strategies like calls, puts, covered calls and call/put vertical spreads. I don't mess with anything else. The hardest part is timing your trades and buying the right expiration date. In the US I don't think you can do much unless you have at least 10k in a stock account. That will let you run a few stock positio
  4. Yeah, we're not allowed to have overseas accounts. Most regulated reputable brokers won't take US clients. There are scam brokers based out of places like the Grenadines, Bahamas, Marshall Islands that will happily take your money and give you 1000 to 1 leverage. They'll even let you fund via credit card. Good look getting a payout if you win big! The only reason I'd want an account in the UK as a US person would be so that I could trade stock CFDs. Otherwise why do you want one?
  5. If you know what you are doing and have capital it's not pointless. You get 50 to 1 leverage in the US, and you can place directional trades long or short on pairs.
  6. I've been trading for 10 years and I've never met a day trader that's consistently profitable or lives off his trading. You'll see a lot of guys who have a hot streak then mysteriously vanish. I've had hot streaks myself but they don't last. Then you have all the wonderful youtube scammers who come and go. They'll go on a hot streak posting videos then vanish for 6 months then resurface to find fresh suckers. They are all fake. Once you figure out what you're doing you have no desire to make youtube videos or share your success. Trading on technicals alone doesn't work. You'
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