Why do people prefer synthetics to currency?
It's not affected by economic news
I dont feel comfortable trading Synthetics cos it has no fundamentals. Correct me if i'm wrong. But i feel like its being manipulated by one or two persons out, and your capital could legit disappear one day.
I heard while trading synthetics, you could be in profit this minute, and next your account is blown.
Synthetics is generated using a random number generator. So you know it may not really be reliable.
what make synthetics so great is the fact that it obeys price action.
Synthetics are traded 24/7, and they don't react to news.
They are slow during the weekend tho.
I noticed that
Compared to Currency, synthetics is not often manipulated, and its not influenced by alot of external bodies.