Tag Archives: CFD trading?

Should I dump Oanda forex and CFD trading?

Should I dump Oanda forex and CFD trading?

The actual video starts after a minute. This another Facebook live stream to teach about forex

As of today, I am find many more advantages with crypto as explained in this video

Forex:

pros: none

cons:

tiny moves (.5 % )

use 3x-10x leverage to get same moves as crypto

brokers are usually corrupt and will work against (except ECN)

commission fee via spreads

artificially stop loss (stop hunting)

CFDs

cons:

same as forex

tiny volume where the bars don’t move 3+ hours

Crypto (Binance)

pros:

potential high move (e.g. >1% moves in an hour)

no leverage needed

commissions fee are marginal (e.g. 0.1%)

cons:

they can cheat you/corrupt/manipulate on other exchanges others than Binance

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!