Hello,
I'm an equity trader who has just recently started researching currencies.
I like what I have heard so far...high leverage, no commissions, no short selling and no slippage?
Is it true that if I place a limit order above or below the current price, I will get filled at the exact price I want with no slippage?
I will most likely be trading during high volatility and that is always the main concern. I am not talking trying to place an order when the market is ripping but when it does trade through my price, I just want to make sure that I am guaranteed a fill at that exact price.
Are there any negatives to trading currencies besides the normal factors that would be present in trading any other market?
Thanks,
Jeff
I'm an equity trader who has just recently started researching currencies.
I like what I have heard so far...high leverage, no commissions, no short selling and no slippage?
Is it true that if I place a limit order above or below the current price, I will get filled at the exact price I want with no slippage?
I will most likely be trading during high volatility and that is always the main concern. I am not talking trying to place an order when the market is ripping but when it does trade through my price, I just want to make sure that I am guaranteed a fill at that exact price.
Are there any negatives to trading currencies besides the normal factors that would be present in trading any other market?
Thanks,
Jeff