By: paul_iiltd
4 days ago (Friday, 3:51 pm) Yahoo! Profile:
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I can tell you that I've lost close to $35K with CWA over past 12 months. Some trades were successful however, with CWA one can set a Stop Loss or a Profit Target but not both at the same time. If you set a Stop Loss, my experience was you will loss most of the time because of the price fluctuations and time decay - also, with commodity warrants you can go from a 5% profit position to say a 30% loss position overnight.
I would warn anyone thinking of trading with CWA to look elsewhere. Additionally, my experience is the so called traders are SALES driven and possess no real experience in trading at all.
In summary, steer away from CWA is my recommendation. |
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By: zsoltnagy2000
3/11/2009
12:56 pm Yahoo! Profile:
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| Hi can I ask is your judgement based on one trade or you have traded more with them? As they do not give advise as far as I know, they have research and can give you an overview however you make the decisions not them and it is your responsibility. They give only general advise. I am just looking at them as well and opening an account to explore and learn about them and the Commodity Warrants however I am aware it is risky and the we are responsible for our decision not them. Thank you. |
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By: eanunciacion
29/10/2009
11:11 pm Yahoo! Profile:
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| Yes and I will not recommend it to anyone. I initially have $10000. My broker recommend bullish on gold for 3 months as this what their adviser recommend. i lost $8000 as the broker recommend selling it at a lost as it is about 20 days before the expiry. It hurts. If I were you I will not touch it. It's hard to make money. |
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By: petar.tasic@ymail.com
27/01/2009
1:35 pm Yahoo! Profile:
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Hi all,
Has anyone traded with Commodity Warrants Australia?
CWA are market makers in warrants on commodities.
Please post your reviews or feedback about CWA, positive or negative... |
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