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Filter by regulated broker
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Kotak Saran
May 31, 2014 at 11:51
I would like to suggest a filter by broker . There are several reasons for this a) It seems many top traders come from countries with very poor regulation and I have to ask how real the accounts are and how true the results are..b) It allows people to find a broker they currently use so less paperwork c) Using the same server as the trader means a better correlation in performance .As an example Oanda are represented in several parts of the world and regulate within the countries laws . If a trader was very successful it would be very good business to have the backing of such a broker and as a...
berezhnoi
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Sistem Trading
May 31, 2014 at 11:51
If you look at the posted results on his website he has a trade with no Stop Loss .. Most of the wins are 1 pip profits which means he has to make 1 pip with a 10 pip SL or TP but the risk of this is 2 pip spread and the movement of the currency. In a minute chart it would be impossible to predict movement ( no better than casino) and so you can take it as random . This would mean that typically a 50% chance of success if you stick with long or short only you have a spread to deal with and this is where the odds go way against you .I do not believe this to be possible so if the guy is actuall...
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