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watch this video. can be interesting

Steve Walker
walker36
Aug 24 2011 at 12:53
1341 posts

walker36 posted:
    
walker36 posted:
    ok. I guess worst ones had setup their 'Virtual Dealer Plugin' to 'Worst'. There ıs nothıng to do those brokers settıng up the server to delay orders and slıpp the prıce away 5-8 pıps.
so thıs test ıs ended for those.

I wıll keep testıng on average brokers.



if any trader wonders what ıs 'VDP' just google it. or contact me I have the manual.😡


THE RESULT OF 'VDP' FXCM HAD THE TICKET FROM NFA.

https://www.nfa.futures.org/news/newsRel.asp?ArticleID=3851

For Immediate Release
August 12, 2011

For more information contact:
Larry Dyekman (312) 781-1372, ldyekman@nfa.futures.org
Karen Wuertz (312) 781-1335, kwuertz@nfa.futures.org

NFA levies $2,000,000 monetary sanction against FXCM and orders refunds to customers

August 12, Chicago - National Futures Association (NFA) has issued a Decision imposing a $2,000,000 monetary sanction against Forex Capital Markets LLC (FXCM) in settlement of a Complaint issued by NFA's Business Conduct Committee on August 12, 2011. The Complaint cited FXCM for retaining gains derived from asymmetrical positive price slippage; failing to adopt or carry out adequate procedures to ensure the efficient execution of all customer orders; failing to treat all customers equally when giving price adjustments; failing to adequately investigate suspicious activity in several customers' accounts; and - together with its principal Dror Niv - failing to supervise. FXCM is a Futures Commission Merchant, Retail Foreign Exchange Dealer, and Forex Dealer Member located in New York, New York.

In addition to the $2,000,000 monetary sanction, FXCM must credit the accounts of its customers the amount of asymmetrical positive slippage which its customers experienced on their trades from and after June 18, 2008 and provide verification to NFA of these credits. In the future, FXCM is prohibited from engaging in price slippage or margin liquidation practices, as described in the Complaint. FXCM must also enhance existing procedures to ensure efficient execution of customer orders and compliance with NFA's anti-money laundering requirements.

The complete text of the Complaint and Decision can be found on NFA's website (www.nfa.futures.org).

NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the futures markets.

Steve Walker
walker36
Aug 24 2011 at 12:55
1341 posts
'FXCM is prohibited from engaging in price slippage or margin liquidation practices, as described in the Complaint. FXCM must also enhance existing procedures to ensure efficient execution of customer orders and compliance with NFA's anti-money laundering requirements'

GUYS WE HAVE A SAFE BROKER TO ARBITRAGE UNDER NFA CONTROL OF NO NEGATIVE SLIPPAGE😀

Steve Walker
walker36
Aug 24 2011 at 13:08
1341 posts
Greetings

on my 2d system user can trade ın stealth mode.
what ıs that mean!

due to user has 2 hedge trades, ıt ıs not necessery to close order when prıce hıt the traget. user can delay order close and order open tımes as much as he can. and thıs wıll hıde hım from caught by the broker wıth 2-5 or 10 secs trade times.

walker

Steve Walker
walker36
Aug 24 2011 at 13:10
1341 posts

walker36 posted:
    'FXCM is prohibited from engaging in price slippage or margin liquidation practices, as described in the Complaint. FXCM must also enhance existing procedures to ensure efficient execution of customer orders and compliance with NFA's anti-money laundering requirements'

GUYS WE HAVE A SAFE BROKER TO ARBITRAGE UNDER NFA CONTROL OF NO NEGATIVE SLIPPAGE😀



NFA twitter

fyi

https://twitter.com/#!/NFA_News

James_Bond
Aug 25 2011 at 06:44
556 posts
Steve, I'm assuming you're going to sell the system? You're probably not the first trading with this technique, however aren't afraid of the dilution effect once others use the same system?

Steve Walker
walker36
Aug 25 2011 at 09:20
1341 posts

James_Bond posted:
    Steve, I'm assuming you're going to sell the system? You're probably not the first trading with this technique, however aren't afraid of the dilution effect once others use the same system?


thank you

as you remember I have started thıis thread to find people who are interesting/workıng on the similiar projects. and I have found you and some others to discuss the system.When I was started I was never thought of usıng ıt on DD brokers but today I am testing it. So this thread is doıng what I need. Ideas from different poınt of vies and experiences.

If ıt makes money for myself then I can sell it. I am not a smart one. you can say avarage. and the system I am workıng on is not a invention and not a secret. there dıfferent versıons/styles as ususal.
so it is not important for me to sell or not. what I know is if it works, people who helped on buılding period will get it free as a present 😄

walker

James_Bond
Aug 25 2011 at 10:09
556 posts
I see your point.

Do you have any timeline? When are you going to start trading it live for example? As that would be the ultimate test.

Steve Walker
walker36
Aug 25 2011 at 10:18
1341 posts

James_Bond posted:
    I see your point.

Do you have any timeline? When are you going to start trading it live for example? As that would be the ultimate test.


I am mid age(halfway 😄) James and things are not changıng after that age. I must be sure about the system. And I have bad/good habıt from chıldhood. when I fınd somethıng new focusıng on that. Last night ı had a great ıdea about the slıppage ıssues on system. safer way. did not sleep and coded that. need some more lınes ın code. but what ever happens the system wıll lunch very soon on lıve.

Chunky_Monkey
Aug 25 2011 at 10:27
14 posts

walker36 posted:
    
James_Bond posted:
    I see your point.

Do you have any timeline? When are you going to start trading it live for example? As that would be the ultimate test.


I am mid age(halfway 😄) James and things are not changıng after that age. I must be sure about the system. And I have bad/good habıt from chıldhood. when I fınd somethıng new focusıng on that. Last night ı had a great ıdea about the slıppage ıssues on system. safer way. did not sleep and coded that. need some more lınes ın code. but what ever happens the system wıll lunch very soon on lıve.


sounds like you know what you're. you definetly should take your time and not hurry, especially if your system is as complicated as it looks from your posts 😁

Steve Walker
walker36
Aug 25 2011 at 10:33
1341 posts

Chunky_Monkey posted:
    
walker36 posted:
    
James_Bond posted:
    I see your point.

Do you have any timeline? When are you going to start trading it live for example? As that would be the ultimate test.


I am mid age(halfway 😄) James and things are not changıng after that age. I must be sure about the system. And I have bad/good habıt from chıldhood. when I fınd somethıng new focusıng on that. Last night ı had a great ıdea about the slıppage ıssues on system. safer way. did not sleep and coded that. need some more lınes ın code. but what ever happens the system wıll lunch very soon on lıve.


sounds like you know what you're. you definetly should take your time and not hurry, especially if your system is as complicated as it looks from your posts 😁


thank you.

idea is old as Roman Empire but yes system is quıte complıcated due market speed and tricks on brokers side.
Time is money but time will not get back your looses. 😉
so better to be slow and sure.

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