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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.
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.
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.
Compared to Currency, synthetics is not often manipulated, and its not influenced by alot of external bodies.