Share Posts by DarkProdigy
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recommendation for a broker that accepts US residents and offers CFD trading In General Mar 02 2011 at 17:42
As far as I am concerned...and I am sadly a US resident...its still illegal for brokers who handle US accounts to offer CFD's to us...and if they do...i'd ask exactly how their legit....
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I have been away for studies but I am back and this system is now on a LIVE account starting yesterday and will post up my results after a week of testing. Thus far earning 2%.
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Forgot to leave a notice that this system will be offline for a week while I travel. Will be back online on next monday Aug 23rd.
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Well, considering this is investors money you deal with, one would assume you wouldn't take the extra risk assuming you would be right. On that note, I think that was a emotional mistake.
If I were your investor, I would care more about your results and hope you can do what you set out to be... "Manage Money". This seemed to be a case of some mismanagement. I would like to know that you take every precaution to preserve capital first and profit from it as a result. Don't over invest just to make a better ROI...just keep to your system of trading.
As for everyones theory of stop-los......
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2.1 Update
- Made a simple stop trading variable to prevent any trades from taking place. Useful when you know you will need to take your computer. Prevent's opening of "new" trades but can continue to operate and enter trades to the ones already running.
(Will most likely update this and create scheduled stops so you can plan ahead to make sure all trades are closed.)
Other info
I finished my recode of this EA and the new EA is in testing right now. Ironically, even with the same setups, same indicators, same broker, same everything practically, the new EA outperforms this one be......
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I personally prefer having the swap than the swap-free commission.
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The past 2-3 days was a really good test for Martingale EA and its money management and its need for enough capital to last a while.
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[quote]HDKR posted:
A bit confused. A lot of the systems published here are profitable.
Who got taken? You mean ripped off?
[/quote]
A lot of systems here are "Demo" profitable. Demo profit does not pay the bills.
I've never personally did any transactions mainly because I use this site as a more graphical analysis tool and to check out other members ideas...but I have gotten requests via. PM to which I always decline anyways.
...but I've read through quite a few people's systems and there were some sales taking place...and the only reason I know that is because the buyer usua......
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Actually...since I never really answered the question, but just mentioned that the use of these e-currencies are just stupid...
...as for forex brokers...i'd prefer within the realm of legitimacy and e-currencies are not it for this such business.
Don't get me wrong...e-currencies have some good uses. Lord knows it helps me not worry about chargebacks when I do freelance web designing/programming...but, if your claiming to be a big financial broker who handles millions of trades and millions of dollars, then why bother with e-currencies.
Are they fishing for money that cant really be traced......
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So it's not really free if they just rename it...(or at least according to how im reading your post.)
...and I'll assume you are referring to Islamic Accounts.
As far as im concerned...they will charge a set commission amount for any position withheld overnight.
It even says so at Alpari: http://www.alpari-forex.com/en/trader/swap_free/
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