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[quote]DrVodka posted:
i just wondering is it normal or not.. ????
i had a long trade with SL at 1.23706 and ofcose i got stopped but the price never actually got to 1.23706 last candle i could find was 1.23700
so i wondering is it normal/right for broker to fill order even if its 0.00006 short of target ?????
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It sounds like the price action on your chart is just the bid. If you change it to the "ask" price, you'll probably see a number greater than or equal to 1.23706 in the place where you were knocked out.
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[quote]James_Bond posted:
[quote]TheLastBear posted:
Hi guys,
I just wanted to as this very general question:
Are you happy with your broker?
Thanks for your response.[/quote]
Yes, I am. In case you're wondering, I'm trading with Oanda.
I know you're trading with Pax Forex - are you not happy with it, which is why you're asking this question?[/quote]
I'm guessing he also works there.
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[quote]remkade posted:
Could someone explain how a US based broker can offer hedging? All the ones I've asked do not offer it, since its against regulations.
Is it really too much to ask that those of us who are aware of the risks of hedging be allowed to do it? [/quote]
There are quite a few brokers in the U.S. that allow hedging on their MT4 platform. For example - see point #2 http://www.beamfx.com/videocatalog/chooseus.php
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[quote]Abhinav posted:
It is hard for newbies. But many pro traders do that easily.[/quote]
Yes, it's possible to turn $200 into $400 in six weeks. The trick is hitting really big trades with a great risk/reward situation. The key to executing this strategy is that you always have a tight stop that is in place. If you're wrong, you know very quickly, and get hit with a loss. Let's use a 5% loss for example. If you're right, and your risk reward is 1:5 - you make 25%. Of course, using that kind of leverage is dangerous. Trying to do this repeatedly in the long term will most likely result in a......
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[quote]Connann posted:
I thought the goal is succeeding in forex market, not gamblin![/quote]
I like to gamble. All in EUR/USD!!!!
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[quote]StressFreePips posted:
Hi guys,
Just to give everyone a quick update.
We have launched our website www.finemoreinvestment.com
We also continue to bring steady growth to our numerous clients with a minuscule drawdown.
If it sounds like something your interested in get in contact through the website or MyFxBook and we can have you opening an account with Vantage UK and linked to our team of experienced traders in no time.[/quote]
Quantify your definition of "minuscule">?
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Trading statistics don't give the "right insight"?? lol. Statistics are just an interpretation of raw data. I think you over-leverage and blow up accounts because you hide your trading record and insist over-leveraging isn't a fatal mistake.
My trading profile is public. Yours is not. Your talk is cheap if you aren't willing to back it up with a public trading record.
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[quote]
TheLastBear posted:
Every sound broker offers the ability to hedge and exit trades in whatever order the trader would like too so that statement makes no sense. It is no secret that most sophisticated traders and investors have fled the U.S. or are in the process to do so due to its regulation which is extremely counterproductive.
Sure, if you like it then go for it. In the end it comes down to what you prefer. I feel very secure where I am in my off-shore accounts and happy to be there. Every sophisticated investor and trader I know avoids U.S. based brokers. You may think it is rid......
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[quote]
TheLastBear posted:
I disagree with using brokers in the U.S. due to the regulation. It is the prime reason people stay away from that. Security cna be achieved in so many ways and as we saw with MF Global, PFG and others it does not protect you which is why the U.S. overall makes no sense for that.
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Most people don't usually do what's best for themselves. Sure, MF Global and PFG were a black eye for the NFA and CFTC; but that just decreases the chance of it happening again in the future due to the increased scrutiny. I would also like to point out that the majority of forex b......
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[quote]
James_Bond posted:
[quote]
TheLastBear posted:
Segregated funds is an illusion. Nice to read and have, but when it comes down to it segregated funds do not provide the security you may hope for.
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You can never be 100% safe as history proves us exactly that. I think all of these so called "protections" are just there to provide a false sense of reassurance to the trader.
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As I've said before, most people think about managing their risk only in terms of trading. They should be more concerned with managing their risk in terms of where their money is being held!......
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