MoneyTec Traders Community Forum - View Single Post - If Forex is so lucrative then why many people are not interested in this?

Freestyler · 25-01-2004, 08:18

Thanks PeteUK for the info, i agree, as a charting tool its quite good, and as a investment springboard , ie: a place to place trades ..im unsure

kuepper - thankyou for the input about GAIN - funnily enough, i was reading thru their UK franchise (lcforex.com) and they say that positions will be closed each night and reopened (or can be) -something along the lines of the argument they mentioned -i didnt see that comment on the main gain site, but the lcforex site is just a localized front end to gain (for the UK maket), but maybe FSA disclosure requires the UK vendor to be more forthwright ...here is the quote: heading - "What happens to my open positions at the end of the trading day?"--
at lcforex.com/fxfaq2.html
:- something along the lines of they close each day, and if your position was in your favor, they pay you interest overnight and if against you they try to remain competitve on what they charge you...

hmmm im really interested to know what trade platform you use, since you have some experience (I can start a new thread if Cyber' would prefer

- [peace] thoughts?

recommendations on good trade packages?

Cheers

FreeStyler

25-01-2004, 08:18	#23
Freestyler level 1 Join Date: Jan 2004 Posts: 5 Downloads: 0 Uploads: 0 Rep Power: 0	Thanks PeteUK for the info, i agree, as a charting tool its quite good, and as a investment springboard , ie: a place to place trades ..im unsure kuepper - thankyou for the input about GAIN - funnily enough, i was reading thru their UK franchise (lcforex.com) and they say that positions will be closed each night and reopened (or can be) -something along the lines of the argument they mentioned -i didnt see that comment on the main gain site, but the lcforex site is just a localized front end to gain (for the UK maket), but maybe FSA disclosure requires the UK vendor to be more forthwright ...here is the quote: heading - "What happens to my open positions at the end of the trading day?"-- at lcforex.com/fxfaq2.html :- something along the lines of they close each day, and if your position was in your favor, they pay you interest overnight and if against you they try to remain competitve on what they charge you... hmmm im really interested to know what trade platform you use, since you have some experience (I can start a new thread if Cyber' would prefer - [peace] thoughts? recommendations on good trade packages? Cheers FreeStyler Last edited by Freestyler : 25-01-2004 at 08:33.