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Wanna be profitable? Start by choosing the right broker
Členem od Nov 30, 2009
135 příspěvků
Oct 19, 2010 at 13:17
(Upravené Oct 19, 2010 at 13:17)
Členem od Nov 30, 2009
135 příspěvků
The info shown suggests that the broker of choice could influence the chances of being profitable in forex. Except for the great O, are all other brokers unfair with their customers? Welll, perhaps the results are not statistically significant. 😱
http://forexmagnates.com/us-forex-brokers-account-profitability-comparison/
Who does give credit to this data?
http://forexmagnates.com/us-forex-brokers-account-profitability-comparison/
Who does give credit to this data?
exquisite entries with calculated exits

forex_trader_7
Členem od Aug 01, 2009
895 příspěvků
Oct 19, 2010 at 16:09
(Upravené Oct 19, 2010 at 16:10)
Členem od Aug 01, 2009
895 příspěvků
I think O does so well as they attract a more professional trader.
That API fee keeps the riff-raff out. So you only go do it when you're sure you got a system. And the barrier to entry in terms of cost of program development is much higher. So generally the people who are successful already will go to O for all the other benefits, faster executions, good client service, reputation and so on...
What is amazing, is were looking at less than 100 000 fx traders globally, even less than I thought. Very small pool.
That API fee keeps the riff-raff out. So you only go do it when you're sure you got a system. And the barrier to entry in terms of cost of program development is much higher. So generally the people who are successful already will go to O for all the other benefits, faster executions, good client service, reputation and so on...
What is amazing, is were looking at less than 100 000 fx traders globally, even less than I thought. Very small pool.
Členem od Oct 24, 2010
2 příspěvků
Nov 01, 2010 at 04:29
Členem od Oct 24, 2010
2 příspěvků
Iam currently using both fxcm and oanda, seriously that tighter spread makes so much of a difference.
Making money is about protecting money and everything else will fall into place
Členem od Oct 19, 2009
22 příspěvků
Nov 16, 2010 at 23:46
Členem od Oct 19, 2009
22 příspěvků
I've tried FXCM, InterbanKFX, Alpari and remember the ill fated REFCO? OANDA seems to always win out above them all. The tight spreads make an enormous difference especially when you're trading a lot of exotics like I usually do. Besides the fact that most brokers don't even offer the currency pairs I trade.
Get up, dust yourself off.. and ride!
Členem od Nov 09, 2010
60 příspěvků
Nov 19, 2010 at 09:08
Členem od Nov 09, 2010
60 příspěvků
Sure, nice broker plus good trader is a way to success
Slow But Steady

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