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  • Company Review TeleTrade
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    Don't try to repeat my trade. If...

    Don’t try to repeat my trade.
    If it wasn’t for this fucking lockdown quarantine, I wouldn’t be here. I’m unstable and trading is not for me. But when a dog has nothing to do, he licks his balls. So, out of nothing to do, I decided to shake old times. It’s been more than 2 years since I’ve traded forex. I am not a trader because I get too carried away by the process and lose concentration after a week. My Teletrade account was deleted a long time ago, so I had to make a new one.
    Anyway, I made myself a new account and deposited 1000 dollars back in November. But for some reason I didn’t start trading, I put everything off for later, annual reports, planning 2021 and all that, and the new year is already there. And here – lockdown. Well, I didn’t know what to do))))) I don’t know what I was thinking, but I got stuck. At first, I opened on the trend, then I got nervous and it started…. I ran into a margin call (the red on the screen shows a triggered stop-loss), started flipping back and forth, so that from 1 thousand for one day I had 100 bakins with pennies and a couple of open trades left on my account. So I spit, went to bed on Thursday, whatever happens. Friday I wake up… Wow. the account is still alive. And I see that the pound is turning down. So I started to open down 0.1 points against the pound on pound/dollar and pound/yen cascade…. I think it’s called a cascade. I don’t know if there is such a term, but it sure looks like a cascade. I have negative margin myself, but when the price moves in my direction, it still became plus. That’s where the 1:500 leverage, which everyone hates, helps. So, I opened a lot of such cascading trades down against the pound and I got lucky. I wouldn’t say it any other way. By the end of Friday the account was already about 500 bucks. On Monday 18.01 the take profit began to work. http://prntscr.com/x428n0.
    They worked super and clearly. The last trades on pound/dollar closed manually, nerves gave up. As a result +22% for the week)))) It is certainly fun and great, but I put all the money on the withdrawal and go into hibernation on trading until the next lockdown, which I hope will not be.
    What I want to say: don’t trade like me. Think with your head and not with your hormones.

More honest opinions from real people about the company TeleTrade

  • Din Bigman 2 years ago
    4
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    Nice

    I found Teletrade to be a reliable company for trading. What attracted me was their experience. More than 20 years is nothing but fantasy. Remember what you were doing more than 20 years ago, and they were already trading in Forex. And this is one of the reasons why I trade here. Stability is very important... Read more
  • gunstermaus maus 3 years ago
    4
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    I really like cryptocurrencies. First of all

    I really like cryptocurrencies. First of all, I am pleased with the leaps and bounds, it is very interesting to work. Then it is 40, then it is 50. I take risks, but I have raised $500 for three days on it, but it is risky. I trade during the day, I do not leave it for night and at weekends. I left... Read more
  • Roman Zorin 3 years ago
    5
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    -2
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    I think trading through Teletrade is very...

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Company review statistics for TeleTrade
3.8
180 reviews
87%13%
Service
78%
Personnel
77%
Quality
76%
Cost
76%
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