AI
Saturday, February 27, 2010 11:22:51 AM
Regarding rule changes in Forex...the reduction to 10:1 seems like the most severe and damaging of all. What's the final decision date on this and does anybody have any insight about the likelihood of this going through or not?
If this does pass, it would seem like opening an international account is the only logical thing to do.
Also, I'm only now learning of how this recent FIFO rule has changed the game. Since I only now started trading Forex I had no basis to compare it to, but as I look into it...it's easy to see how this rule change really sucked...So the question is, can this also be circumvented by opening an international account? It seems like it would be well worth it.
Looking forward to getting some feedback on this from you all
If this does pass, it would seem like opening an international account is the only logical thing to do.
Also, I'm only now learning of how this recent FIFO rule has changed the game. Since I only now started trading Forex I had no basis to compare it to, but as I look into it...it's easy to see how this rule change really sucked...So the question is, can this also be circumvented by opening an international account? It seems like it would be well worth it.
Looking forward to getting some feedback on this from you all
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