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TommyBoi replied Oct 17, 2023Yea mate, long-term safety is maybe the no.1 rule in life. Missing some making $ chances is better than getting into fricking debt for sure. We people in this era have a long life, don't have to rush all these things and put ourselves in danger.
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 17, 2023Mate, Thank you for your words. I've been thinking the whole week, and I realized that with 3 wars on going, also if you consider how sloppy price action started to become since 2022, maybe it's just not the best era to trade. I decided to take a ...
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 15, 2023I'm thinking that they could sell the debts to local debt company to chase you, I somehow always afraid of a scenario that is somebody using sticks outside of my home. And thank you man, you words make sense.
Should I trust the negative balance protection
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TommyBoi replied Oct 15, 2023Do you trust the 'negative balance protection' provided by brokers? If you wanna discuss that you could come my another thread.
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 15, 2023Thank you for your fast reply. Because I know when the 2015 chf crashes happen, few of the largest brokers were actually chasing their clients down(started with F and I which were the largest brokers in the world). Could I also ask that if your ...
Should I trust the negative balance protection
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TommyBoi replied Oct 15, 2023Sorry asking these questions but i know that one of the big broker back then didn't do what they promise and chasing debt from their clients.
Should I trust the negative balance protection
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Should I trust the negative balance protection
Started Oct 15, 2023|Broker Discussion|7 replies
Hi people, I'm currently trading pepperstone markets limited which in under scb regulation. 1. ...
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TommyBoi replied Oct 13, 2023Thanks pal, your words actually inspired me. I think with 3 wars going on these days, just not the era to be rich. I think I from this moment wouldn't trade a account which is more than $65000. I'm happy making $10000-$20000 per month and just live ...
Anyone ever triggered negative balance protection?
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TommyBoi replied Oct 13, 2023I think for me, tho im still at the stage growing my account. I wouldn't trade more than a $65000* of a account size. I feel like it's just not the era of getting rich, if i could make $10000 or $20000 a month im satisfied, i don't need a lambo or ...
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023Pals I wanna say one more thing, is that always choose a broker with 'negative balance protection', I wouldn't say it's 100% promising, but it's better than nothing always.
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023But thanks man, you're right, a new currency could be dangerous.
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023I think digital currency maybe isn't the biggest problem I'm concern for the privacy problem. Problem is if they keep the cash or not.
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023I guess unless we have some people who was involved in the 2015 crash, we hardly get the answer.
Anyone ever triggered negative balance protection?
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TommyBoi replied Oct 13, 2023Appreciate that brother, but risking 1% and using stop loss is not gonna stay you away from blowing your account in a blackswan event. we are talking about a 1500-4000 pips slippage.
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023What re you talking brother
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023Appreciate that brother
Hello people, let's start a thread to avoid blackswan event
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TommyBoi replied Oct 13, 2023I believe that if the debt could be officially registered under your country's regulations, they could maybe sell your debt to a local debt agency. But to be honest i have no idea, so im wondering too.
Anyone ever triggered negative balance protection?
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TommyBoi replied Oct 13, 2023I still wanna ask for the people that really paid the debt as a oversea client.
Anyone ended up paying negative balance
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TommyBoi replied Oct 13, 2023Best wishes brother, I think these days brokers have their operation mixed with a,b book, even a blackswan events wouldn't really put them into bankrupt. Appreciate your fast reply brother.
Anyone ended up paying negative balance
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TommyBoi replied Oct 13, 2023Exactly in this global troubled times, it's actually kinda worrying.
Anyone ended up paying negative balance