Dislikedif trend is up oanda will have both bid and ask upmarked
conversely,
if trend is down oanda will have both bid and ask downmarkedIgnored
Ado
Whether you believe you can do a thing or not, you are right.
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Dislikedif trend is up oanda will have both bid and ask upmarked
conversely,
if trend is down oanda will have both bid and ask downmarkedIgnored
DislikedI guess you haven't actually compared the prices to an ECN cause if you had, you'd see your theory is false and certainly doesn't account for the fact that there are many different styles of trading.
Which leads to the point Ado made - how would Oanda possibly manage what trends they need to be upmarking and downmarking.Ignored
DislikedI'd be interested in hearing more about how Oanda deals with margin calls...
rudensteinIgnored
DislikedBefore I started using stoplosses religiously as I do now ,
I had at least 1 or 2 margin calls.
I may be missing a few details, but
basically, my understanding of it is as follows:
Say you have $1000 in your account and 50:1 Leverage.
If you put the entire account balance into a trade,
you would be dealing with $5/pip.
Now say, in the interest of common sense, that
you don't do this, but instead commit $200 of
your account to a trade. That's $1/pip
(at least on EUR/USD, lets keep this simple).
Your account would then show margin used: $200 and
available margin $800.
Say you dont use a stoploss, the position goes against
you. Your position would automatically be liquidated
after 200 pips, (when your used margain is used up).
You would lose your $200, and you'd
still have $800 in your account.Ignored
DislikedI can't say i'm 100% sure but I dont recall Oanda ever contacted me
before closing one of my positions that I just let go the wrong way.
You can always chat with their customer service , who are
on 24/5 and very helpful.Ignored
DislikedBefore I started using stoplosses religiously as I do now ,
I had at least 1 or 2 margin calls.
I may be missing a few details, but
basically, my understanding of it is as follows:
Say you have $1000 in your account and 50:1 Leverage.
If you put the entire account balance into a trade,
you would be dealing with $5/pip.
Now say, in the interest of common sense, that
you don't do this, but instead commit $200 of
your account to a trade. That's $1/pip
(at least on EUR/USD, lets keep this simple).
Your account would then show margin used: $200 and
available margin $800.
Say you dont use a stoploss, the position goes against
you. Your position would automatically be liquidated
after 200 pips, (when your used margain is used up).
You would lose your $200, and you'd
still have $800 in your account.Ignored
DislikedAre you sure about this ?
Seems strange that they would liquidate you without posting a margin call and offering you a chance to add funds?
In the UK this is done and they give you three days to make the paymentIgnored
DislikedWhich forex broker allows you to do this...??? And why are you getting into the position to have to do this anyway !!! ??? Actually I don't believe you !!!Ignored
DislikedWell if you ask politely I ll be happy to share - No need not to believe
IG Index in the UK do exactly this - You have three days to post margin unless its over 10K sterling in which case it is same day
WHats wrong with having a margin call - Provided you have funds on account with your bank that you can put up there is nothing wrong with this.
I agree it is wrong if you have a margin call and cant pay!
That then sucksIgnored
DislikedWell if you ask politely I ll be happy to share - No need not to believe
IG Index in the UK do exactly this - You have three days to post margin unless its over 10K sterling in which case it is same day
WHats wrong with having a margin call - Provided you have funds on account with your bank that you can put up there is nothing wrong with this.
I agree it is wrong if you have a margin call and cant pay!
That then sucksIgnored
DislikedWhat's wrong with you getting a margin call ??? NOTHING... give me a PM and I'll send you my address... just send the money directly to me instead...!!!
Getting a margin call not only shows that your trade went drastically wrong... but that you do not know how to trade... why to trade... or how to protect yourself from yourself.... the broker had to do it for you...Ignored