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- TommyBoi replied Oct 17, 2023
Yea 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.
- TommyBoi replied Oct 17, 2023
Mate, 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 ...
- TommyBoi replied Oct 16, 2023
I'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.
- TommyBoi replied Oct 15, 2023
Do you trust the 'negative balance protection' provided by brokers? If you wanna discuss that you could come my another thread.
- TommyBoi replied Oct 15, 2023
Thank 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 ...
- TommyBoi replied Oct 15, 2023
Sorry 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
Hi people, I'm currently trading pepperstone markets limited which in under scb regulation. 1. ...
- TommyBoi replied Oct 13, 2023
Thanks 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 ...
- TommyBoi replied Oct 13, 2023
I 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 ...
- TommyBoi replied Oct 13, 2023
Pals 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.
- TommyBoi replied Oct 13, 2023
But thanks man, you're right, a new currency could be dangerous.
- TommyBoi replied Oct 13, 2023
I 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.
- TommyBoi replied Oct 13, 2023
I guess unless we have some people who was involved in the 2015 crash, we hardly get the answer.
- TommyBoi replied Oct 13, 2023
Appreciate 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.
- TommyBoi replied Oct 13, 2023
What re you talking brother
- TommyBoi replied Oct 13, 2023
Appreciate that brother
- TommyBoi replied Oct 13, 2023
I 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.
- TommyBoi replied Oct 13, 2023
I still wanna ask for the people that really paid the debt as a oversea client.
- TommyBoi replied Oct 13, 2023
Best 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.
- TommyBoi replied Oct 13, 2023
Exactly in this global troubled times, it's actually kinda worrying.