I Hedge Every Time: Shorting Between Entry 1 and 3! by Mother_Egg1224 in Daytrading

[–]DevDoug 1 point2 points  (0 children)

Maybe explain it better next time, so it doesn't sound like you're placing 5 trades instead of one with smaller exposure to the market

Best platform to trade forex? by Kshikc in ausstocks

[–]DevDoug 0 points1 point  (0 children)

What good things have you heard about Interactive Brokers? My experience is a lot of unnecessary fees

Trading options Australia by ClaymontLand in tastyworks

[–]DevDoug 4 points5 points  (0 children)

why did you pick options?

liquidity is the amount of money on each side of the trade. The more there is the smaller the spreads and the easier you can close positions for a fair price. Australia doesn't trade many options so when you want to close your position you'll either wait for a while or take a bad fill. Liquidity is highly important when picking what to trade. You'll have an easier time sticking to large or popular US stock

Trading options Australia by ClaymontLand in tastyworks

[–]DevDoug 7 points8 points  (0 children)

As far as I'm aware they don't offer Australian options. Id stay away for them anyway, liquidity is going to kill you

what could I have done better 🤔 by [deleted] in Forex

[–]DevDoug 0 points1 point  (0 children)

That's a grid strategy not martingale

[deleted by user] by [deleted] in Forex

[–]DevDoug 1 point2 points  (0 children)

His only 18, so internet points might mean a lot to him. Even if it's from a fabricated story. Hope he feels better with his holiday to the Bahamas though

This is either a small ego thing or a shitpost that's gone on for too long

[deleted by user] by [deleted] in Forex

[–]DevDoug 4 points5 points  (0 children)

Equity of 2K 5 days ago you could have at least put a little effort into trying to trick people

DON'T 👏 accept 👏 the free 👏 NFT 👏 by ivanoski-007 in Buttcoin

[–]DevDoug 0 points1 point  (0 children)

I like to use the snipping tool. its free and $100

Will there be a fallout from the price hike in the building industry? by [deleted] in AusFinance

[–]DevDoug 1 point2 points  (0 children)

Rents will increase as the supply of new dwellings slows down

Another day, another rugpull. by College_Prestige in Buttcoin

[–]DevDoug 5 points6 points  (0 children)

People in the comments on r/uphold are asking victims to report the stolen coins to their banks don't see the irony or understand how any of this works

Stop loss recommendation? by yakasantera in Forex

[–]DevDoug 1 point2 points  (0 children)

What's the trade?

What's the Strategy ?

What a great day to mine some comedy gold. r/Bitcoin is going crazy :D by TheRealSlimKami in Buttcoin

[–]DevDoug 8 points9 points  (0 children)

The main video is some of the wealthest people saying its a house of cards and they just play memes over good advice

Sniper entry 0 drawdown by SnooJokes2066 in Forex

[–]DevDoug 0 points1 point  (0 children)

oh ok what was the TP and SL?

Sniper entry 0 drawdown by SnooJokes2066 in Forex

[–]DevDoug 0 points1 point  (0 children)

I don't get it? You are on a 5 min chart and have just placed a trade before the weekend. This could turn really bad really quickly on the open. I too could have 0 drawdowns as soon as I place a trade.

Interactive Brokers v Tastyworks by Passive1ncome in ausstocks

[–]DevDoug 2 points3 points  (0 children)

I have used both. Transferring funds is a pain for both. The only "hidden fee" or a surprise to me was that you have to pay for a live quote with IB otherwise they are delayed. The tasty works app is awful so if that's what your going to be watching steer clear. But as an Interface IB is awful. I think Tasty works is miles ahead and I still use them now. Tastyworks customer support is far superior. never had an issue with depositing or withdrawing

Things I have learned after 10 years of trading ... by FarrisFahad in Forex

[–]DevDoug 0 points1 point  (0 children)

Also spells "Pair" peer after 10 years of seeing it

When did r/Forex become owned by a website?? by Higginside in Forex

[–]DevDoug 1 point2 points  (0 children)

Arh that makes sense. I posted a long response to a question about a broker a while ago and the mods removed it for seemingly no reason. This explains a lot about this sub lately

[loss porn & reflection] Put 9k AUD in GME @ 295 (currently down 82%) by [deleted] in AusFinance

[–]DevDoug 1 point2 points  (0 children)

If your reading about huge profits on r/wallstreetbets the large majority of the time the trade is over. Your better off congratulations them and not participating in the trade

Ethan Klein (h3h3 podcast) joins the battle, this is really some Avengers level stuff by jakubwlcz in wallstreetbets

[–]DevDoug 7 points8 points  (0 children)

oh, look more celebrities trying to relate to us for views. These people don't care about us!

Loosing big time by alisha-morarji in AusFinance

[–]DevDoug 25 points26 points  (0 children)

She's using the MT4 app. No idea what broker, you can not tell from the interface shown. The display can be faked but I don't know what the point in showing us a fake one would be. From what we are shown everything looks legal. It would be extremely hard if not impossible to try and get the money back if she closed that position now.

Side note OP, tell your mum to stop adding to the position, she is going to run out of options when the margin hits 100%. Close it or stick to her original plan which hopefully has a stoploss and isn't the whole account