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pipmutt replied Aug 27, 2010Where did I say that, I think perhaps you've misunderstood something I've said. I haven't seen any posts about how high leverage can benefit trading, the only valid argument for retaining 100:1 seems to be safety of funds. lol, I've never said you ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010lol, he sneaked in a bit quietly!
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010lol, yeah I know you don't, neither you nor Forexia, that's kinda the point I'm making! It's very relevant, it's going to give you the amount of leverage you actually use in practical terms. My argument is that no-one ever needs, or uses, 100:1, in ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010I don't mean dollar amount, just %, you don't need to mention account size or anything. Sorry, might have misunderstood the meaning of 'personal', did you mean personal to one's strategy or personal as in confidential?
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Thanks for that. But I wasn't so much interested in the reward side as the risk side, what would be your average/maximum risk in percentage of account terms?
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010It was a cop out to the question about how you use 100:1 leverage, you guys always seem to revert to safety of funds when asked about that. Read back, you'll see.
I'm laughing at you using 'constitutional rights' as your reason for opposing the ...US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Yes, I believe you are! It wasn't a personal attack, calling you a moron would have been a personal attack but I wouldn't dream of saying that! Going by your posts in this and other threads I think it was a fair appraisal of your understanding of ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010I didn't have to search very far, it was only today! It's not a different topic at all, it just demonstrates your total lack of understanding about what you're actually doing when it comes to leverage therefore it's extremely on topic. You're asking ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010- Interviewer: "As an experienced and internationally well-respected trader, Mr Forexia please share your secret about how you use 100:1 leverage in your forex trading" Mr Forexia: Yeah with a reply like that I don't think Bloomberg will be inviting ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Ok, to make it a bit more entertaining...... You've been invited as a star guest to appear on Bloomberg TV. The whole financial community is tuned in and riveted to the screen, the cameras are rolling, the spotlight is on you and there's a hush in ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010They'll suffice just fine, just giving one example of how you use 100:1 would tell us all we need to know, it doesn't even have to be a real trade, a hypothetical one will do. I really can't understand your reluctance, unless you lack the conviction ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010How is it going to do that exactly? Please explain, please give an example seeing as you've "taken the time and the efforts to do painstaking research and trade prudently using leverage properly" And while you're at it you might want to explain your ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Repeating it doesn't make it any more valid, you (like so many others) seem totally unable to support your opinion when challenged, perhaps you'd be better off trying understand what you're saying rather than copy and paste!

US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010They already do all those things! Credit rating, consumer protection, food standards, movie classification and censorship, publishing laws....and by the look of it you'll be able to add leverage limits to that list pretty soon!
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Ah that's a cop out but I agree, I would have preferred to see legislation protecting client funds first but hopefully that's in the pipeline. Protection of funds doesn't seem to be the main motive for objection to this leverage reduction though, in ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Right, well I'm glad we cleared that one up!

US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010You don't know what you don't know otherwise you'd know it! Evidently not everyone has the capacity to work some things out for themselves, they need a helping hand. Couple that with marketing tactics and it's easy to get led astray, hence ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010Those that have proved themselves would never contemplate using such high leverage, they've learnt and probably experienced the unfortunate results of it first hand. I'm open to being converted though, could you give a practical example of a ...
US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010They're not doing that as far as I can see, you'll still be entitled to your opinion, there's no legislation against thinking....yet!
The legislation would be effective for practical reasons, no-one needs to use 100:1 leverage, it's ludicrous, ...US citizens won't be able to have forex accounts overseas
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pipmutt replied Aug 27, 2010They solicited opinion and got it, have you read some of the responses! If you people are going to argue your case you really need to put together something of substance, all we've seen so far are protests about 'freedom of choice' and comments from ...
US citizens won't be able to have forex accounts overseas