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Old 01-21-2007, 12:58 PM
n_aftab n_aftab is offline
Senior Member
 

Join Date: Dec 2006
Posts: 241
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Hi,

I'm hold trades for reasonable periods of time with saxobank, never had a problem with them.

The traders that claim that they have been screwed are the ones that either news trade or trade the news, i've never come across anybody that has bothered to ask their broker why they dont like traders that trade the news, instead theres always slagging off of them instead.

Personally i like to eliminate chance from trading as much as possible that is, but I do think trading the news is more of a gamble, look at the bank of england, 99% thought that interest rates would remain the same.

Another example, the BoJ thought there was an increase on the cards there .. didnt happen. Its more often then not pot luck.

At risk of having my head chewed off, you'd be better off taking your money to a casino, you'd have more fun.

You could on the other hand as a beginner learn to trade babypips school way by going through the school.

Regards
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