Today i took the time to trade a bit on 1broker. I used tradingview for charting, read in the forex chats and traded eurusd.
I used 0.1 bitcoin only, yes, something i learned the hard way, and wanted to see how i will perform.
I know about resistance/support, candle patterns and so on.
First thing i found is that it is a bit annoying that there is no button to click in order to invest all the bitcoins you have.
Then, the leverage level is sat back everytime i set up a trade.
Besides that, i like the fast updates and the intuitive interface. It looks like you can do what you want there. Not like with other exchanges that have problems with orders. For example at okcoin.com, where you set up a stop loss and a limit order. But you only find out that the stop loss is not getting triggered because the limit order exists and overrides the other order.
Well... trading did not run so well. I had some good trades but i went from 0.1 to 0.580, then to 0.76 again, now back at 0.58 Bitcoin.
I think one of the things working against you is the spread. Market orders mean 11 pips, or so, loss instantly. Something you have to earn back with every trade. A workaround might be to use limit orders but there is the difficulty that the prices on 1broker doesn't match the eurusd-market-prices on tradingview.com. So it's hard to use that.
Well, i hope i get the hang of it. At least i did not lost much money.
I used 0.1 bitcoin only, yes, something i learned the hard way, and wanted to see how i will perform.
I know about resistance/support, candle patterns and so on.
First thing i found is that it is a bit annoying that there is no button to click in order to invest all the bitcoins you have.
Then, the leverage level is sat back everytime i set up a trade.
Besides that, i like the fast updates and the intuitive interface. It looks like you can do what you want there. Not like with other exchanges that have problems with orders. For example at okcoin.com, where you set up a stop loss and a limit order. But you only find out that the stop loss is not getting triggered because the limit order exists and overrides the other order.
Well... trading did not run so well. I had some good trades but i went from 0.1 to 0.580, then to 0.76 again, now back at 0.58 Bitcoin.
I think one of the things working against you is the spread. Market orders mean 11 pips, or so, loss instantly. Something you have to earn back with every trade. A workaround might be to use limit orders but there is the difficulty that the prices on 1broker doesn't match the eurusd-market-prices on tradingview.com. So it's hard to use that.
Well, i hope i get the hang of it. At least i did not lost much money.
Glad you had a positive experience and thanks for your input, though, market orders should not put you down 11 pips. The spread on most markets is 1-2 pips.
You are right. I meant more that my investment had around -11 pips loss instantly after a market buy. That has to be worked in again all the time before you can think about profit.
Oh and one big thing that should be changed. I did not find a correct log of trades that you can download. I mean i can't imagine that no one needs to have such data for IRS, for example. I would not know how to deal with that when i had a couple hundred trades.
Interesting proposal with the downloadable trade history. I will put that suggestion forward to the team.
In the meantime, a list of all your trades can be found under your transaction log.
