Is it possible to implement a Strangle or Straddle strategy on leveraged Forex trading?
I'm a day trader, but mostly I trade stocks and options. I have a forex account that gives me leveraged trading. I know leveraged trading is very similar to call/put options, but I have no idea how to set up Strangle or Straddle strategy when I have, let's say 1:60 leverage. Is that even possible? How can I do that? The main thing that's an issue for me is that leverages don't have expiration dates like options. I don't know how to set up Strangle or Straddle without dates. Edit: Also leverages don't have strike prices. I don't know how to set up Strangle or Straddle without strike prices.
First time posting so be gentle. I'm in my late 30s, is it too late to learn trading/forex? Is it a young person's games ie eyeballs glued to monitors 24/7?
Is it necessary to follow a particular strategy(or make one) in forex trading? Cant we just make some good gains with support resistances, Chart patterns, Candlestick patterns and fundamentals?
I'm looking to trade forex in the United States with high leverage. Wanted to see if there are any recommended brokers that people are using. Was going to go with Coinexx but i wanted to reach out to the community first
Hello, I have been trading since the start of the pandemic, and I'm now at the point where I get payouts ranging from 400k - 950k php. I've always been told that forex trading is not yet taxable here; but now that I'm earning a hefty sum every month, I wanted to be sure. Do note, these profits are not gains from my own money, but rather a prop firm's. Prop firms are trading companies offering equity to traders who have passed their challenges/tests. Once passed they are given an account (usually demo accounts) and whatever profit the trader makes on that account, they are given a percentage. In my case, I have a 100k usd funded account with a prop firm in which I get paid out biweekly. Should I be doing something about taxes, may kailangan ba gawin para maiwasan ang kung ano mang complications in the future? I have no knowledge whatsoever about taxes and whatnot, all I know is how to trade. Thank you. edit: Took out the prop firm’s name as someone got triggered and called this post a scam advert. It’s not, I really am just looking for tax advice.
I believe in the pickle man. If I had a chunk of money that I could quit my job and learn from him I would make money. I only have time for little bits of info and only little time to make decisions on my trades. I had a straddle on spy last week and want able to break even…. I’m fucked
Does anyone else trade other markets when The forex market is choppy/not best time to trade?
I’m a full timer trader but noticed how badly the markets have been going. Last week was good, but now it’s awful. So just wondering if anyone has a “back up” market when they take a break/if you don’t take a break—what do you do? Thanks for any comments and/or feedback!
I’m trying to invest into forex as an 18 year old to fund for university. I’ve been meaning to move to Canada in fall 2023 from the uk for universities for personal reasons. I have around 330 pounds to begin with. Any tips?
Hello Traders! Make sure you tune in to the 28th November Trade Ideas and Analysis - Video scheduled for 06:30 GMT - XAUUSD, AUDCHF｜More profitable trades!｜Forex Trade Ideas & Analysis
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