FreemanFox
- 29 Jun 2012 10:09
I've been trading Forex successfully for ages now and was thinking I should really start to see if I can transfer that knowledge to trading my UK SIPP which is held at selftrade.co.uk.
Bit confused as to what instrument I trade though? There seems to be loads of derivatives – ETFs, ETCs ETNs etc. Plus some that seem to offer extra leverage – 2 or 3 times a Long or Short position!
Anybody give me a bit of direction as to what symbols/instruments I should be trading in my SIPP account to trade Forex?
Any help appreciate.
FreemanFox
- 09 Jul 2012 12:10
- 11 of 11
Pessimism Sauce -
I virtually exclusively trade FX spot and it is what I would like to do in my SIPP too.
As I mentioned previously though it has taken me years to get proficient at it and patience and discipline are key factors in getting it right - You can make a fortune in FX, but also lose a fortune if you don't have a plan and stick to it.
It has been a hard path but one worth learning :-) and of course I am still learning everyday.