Share Posts by klaatu
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MoneyForNothing EA
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Its one thing to risk 1k - 10k and make 50%... it's another to risk a hundred million to make the same. Different worlds. Real Forex desks work in many different ways.. what is the point in claiming one is more "real" than the other? Did the fund manager beat you up?
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10 to 1 leverage suggestion by the CFTC - a death to the US forex market? In Experienced Traders Feb 09 2010 at 12:02
If your systems are so good how come they are private?
My knowledge on this subject is next to zero but the likely hood of them shutting down what is probably a billion dollar industry seems very unlikely to me. I think the US regulators have bigger fish to fry, so to speak.
Also I have a thinkorswim account with access to FX futures. So I guess this means I'm doubly-not-worried. Perspective.
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10 to 1 leverage suggestion by the CFTC - a death to the US forex market? In Experienced Traders Feb 09 2010 at 11:20
Congrats, you nearly doubled your money in what, two days? I've seen people do that at the casino. Thing is they get lucky once or twice and they keep going back. Sure enough 95% give the money back. That said though I look forward to seeing you turn 10k in 100k... hell at that rate of return we could expect to see you with a million by Easter yeah?
Thing is with or without leverage people can make money on FX if they are good. I just think the table bashing that is going on here needed some balance so that's why I said what I did. ie. The sky is not falling.
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10 to 1 leverage suggestion by the CFTC - a death to the US forex market? In Experienced Traders Feb 09 2010 at 10:25
[quote]Elkart posted:
Nother thing. I have an EA here that did 65% on Thursday, with that big dollar move. It's probably going to do 500% to 1000% this month if it doesn't wipe out.
[/quote]
Really? post a record and I'll believe it.
You have a system so why not test it and prove it over time? So much of the bucket shop forex market is full of overnight get rich quick people. My point was that many here seem to think it will kill the retail forex market all together. I don't think it will. People will still be able to use demo accounts and trial EAs and if they are keen enough should be ......
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10 to 1 leverage suggestion by the CFTC - a death to the US forex market? In Experienced Traders Feb 08 2010 at 21:32
I've used 10:1 leverage for years and haven't had a problem.
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OK no problem, thanks for the quick reply.
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They have their uses, just because you can't see it doesn't mean it doesn't exist.
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Hi, is there any reason box option payouts are showing as 0 when they should show as positive? thanks
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