How come O-A cannot be posted??

[fxscalper90]

How come the word O-A (without the hyphen) cannot be written in any post?

What's up with this Kyle?

fx

[leonardb]

Originally Posted by fxscalper90

How come the word O-A (without the hyphen) cannot be written in any post?

What's up with this Kyle?

fx

possibly a word which is not allowed maybe set as a restricted use word by the forum admin?

I agree - - - I'm researching now the only downside I can discover is that the imum leverage they offer is 50:1.

Steve

[CockeyedCowboy]

is restricted???


[dam you can't write can you]


Well someone should tell MoneyTec that 'O A' is a five letter word not a four letter one.

[ASD]

"" "" '' ''

[bobnat]

Originally Posted by sarbot

I agree - - - I'm researching now the only downside I can discover is that the imum leverage they offer is 50:1.

Steve

They have an interesting way of using margin. To open a position you use 50:1 but to maintain that position once it's open the margin is 100:1.

Example:

A $10000 account.

You open a trade for $200000 CHF.
The margin to open is $2000 per lot x 2 =$4000.
Once opened you only need $2000 to maintain it.
Therefore you have $8000 to lose before a margin call occurs.

This system benefits them more than the trader.

An example would be thus:
Assume one is crazy likes gambling.
You have the same $10000 account.
You want to out your margin (coz you're crazy) so you open up a CHF position for 4.8 lots use $9600 in margin to open up.
You now only need $4800 to maintain you can then lose $5200 on this position.

If you used stard 50:1 margin then you would only be able to lose $400 on the position because you would need to keep the $9600 as margin.

If you used stard 100:1 margin you could open a position of 9.6 lots using $9600 in margin risk only $400 on the trade before you get shut down.

Not that you would want to do this (unless you're crazy of course) but it's definitely skewed to work for them.


Nat

[ForExTractor]

bobnat while I highly value many of your other posts this one is a crap.

Are you using margin call as a stop loss strategy? Well then you should look around for other brokers.

O--a allows more flexibility in holding positions. With 2% initial margin 1% maintenance margin you can't experience a situation when you open a huge position (relative to your account) then it moves a couple of pips against you you get margin called right away (as is possible when both margins are equal). Oh well you may believe in what you want to believe. No big deal to me.

[fxscalper90]

Originally Posted by bobnat

They have an interesting way of using margin. To open a position you use 50:1 but to maintain that position once it's open the margin is 100:1.

Example:

A $10000 account.

You open a trade for $200000 CHF.
The margin to open is $2000 per lot x 2 =$4000.
Once opened you only need $2000 to maintain it.
Therefore you have $8000 to lose before a margin call occurs.

This system benefits them more than the trader.

An example would be thus:
Assume one is crazy likes gambling.
You have the same $10000 account.
You want to out your margin (coz you're crazy) so you open up a CHF position for 4.8 lots use $9600 in margin to open up.
You now only need $4800 to maintain you can then lose $5200 on this position.

If you used stard 50:1 margin then you would only be able to lose $400 on the position because you would need to keep the $9600 as margin.

If you used stard 100:1 margin you could open a position of 9.6 lots using $9600 in margin risk only $400 on the trade before you get shut down.

Not that you would want to do this (unless you're crazy of course) but it's definitely skewed to work for them.


Nat

This is not true at all. "bobnat" has his head up his * as usual.

Stop flaming my threads/posts you whacko.

fx