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StakePool is a bitcoin traders community that originated from the split from "Whale Club". We primary focus on bitcoin, but our passion is for trading cryptocurrencies in general and even legacy markets.
Can someone explain to an idiot (me) how the cost of a trade of CFD, whether it be Forex, oil, crypto etc, is calculated in terms of how much money is required per trade? This is all in a practice account, I just enjoy playing with it. For example the price of Ethereum on T212 is currently around the $311 mark. If I take out the highest quantity of 500, what is the calculation of how much this costs me? I've done so, and the blocked funds in my account are around £6000. I just can't get my head round where £6000 is calculated from 500 units of $311?? Many thanks!
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Why are there so many snake oil salesman in forex trading?
Like I get it, most people are likely to lose money trading in the fx market, but I just can't seem to get it, why does the fx market end up with all those scammy influencers, websites or brokers? Anyone can lose money trading stocks, futures, cryptos etc. And probably most people do.
hi, there's a situation i need to ask about.. someone offered me an investment and claimed verrrry promising rewards. he says for example you invest 1000$ , there's 120% yearly profit and they pay you 90$ per month .. actually he himself is receiving this pay out (he's my friend and doesn't lie) but the business plan is somehow unclear to me what happens behind the scene.. he claims they're an international company and trading daily in cfd and forex (oil and energy stuff) for example the company trades with my money, makes 20-25% profit every month and gives 10% to me.. (guaranteed pay off) but is it natural a company make 20-25% profit evvvvery month? they're using network marketing which has awful history here and i doubt every company using this method.. if you bring another investor you'll get 10% of his investment which is huge imo..! (althogh the network here is optional you can invest your money and receive the profit (which apparently they're giving) you see.. 120% yearly, 10% for bringing new investors.. that'll be a lllot of money and i've learned every time there's something looks toooo good you should suspect.. but hey.. my friend's actually making money for real... worldwide.energy this is their website
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