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- Forexia replied Mar 2, 2018
It's about time that those casino brokers get closed down in China. The way that brokers like IronFX and their IB's has fleeced money from investors and IB's is just ridiculous. China is NOT banning leveraged trading altogether as China itself does ...
- Forexia replied Dec 11, 2017
You don't need a broker to trade in cryptocurrencies. All you have to do is go to any reputable cryptocurrency exchanges on the internet, register and you will be ready to trade after funding the account.
- Forexia replied Nov 14, 2017
Straddling only works (assuming no broker tricks like widening spreads, freezing platforms, slippages and etc.) if: 1) the move is SUBSTANTIALLY BIG, at least 15%+ in either direction AND 2) the move continues to one direction AFTER the initial news ...
- Forexia replied Nov 12, 2017
Nope you hit the nail right on its head with your first sentence. It stinks of a scam. People who REALLY want to commit suicide won't post on public forums; they will just do it. Unless ppl lost money because of scam, I generally have no sympathy ...
- Forexia replied Oct 11, 2017
Withdraws should be instant to Visa.
- Forexia replied Sep 10, 2017
Same thing with the aussie which is mostly driven by Chinese economy.
- Forexia replied Sep 10, 2017
Ok thanks for clarifying. Usually I just use limit orders for entry. There is no difference whether an order is triggered or not if it's not going to be executed.
- Forexia replied Sep 10, 2017
No stop-limit would just allow your order to be stopped out at exactly your stop-limit price or better (if your broker is an ECN broker and allows you positive slippages) but NOT worse if the price spikes passing than your stop-limit level so it ...
- Forexia replied Sep 8, 2017
Market order is EXACTLY the kind of order that gets slipped the most because it's the order type that gets filled at whatever is the immediate market price so in very rapid market, if the market price dropped 600 pips before your market order is ...
- Forexia replied Sep 8, 2017
I was going to ask you if you TE trades with small profit at a time and larger losses. If this is working out for you, good for you. This is a discussion of trading strategies, not a pissing contest so there is really no need for statements like "I ...
- Forexia replied Sep 8, 2017
Yeah but the broker didn't really have to widen the spread THAT much comparing to other brokers who quoted the price for the same pair during the same period. If Nico had traded with a different broker other than Trader's Way, his loss would've been ...
- Forexia replied Sep 8, 2017
Using trading softwares to backtest various trading scenarios to see if your theory of trading by taking small profits at time with larger losses would work IS seeing it visually just without risking any of your real money. Since it's your theory, ...
- Forexia replied Sep 7, 2017
Yes STP is NOT ECN either as I have also learned. And this broker, Trader's Way I doubt it is even STP according to the execution speed of trades shown in successwill's postings. And the fact that there is no Liquidity Providers' information ...
- Forexia replied Sep 7, 2017
Well like I said, you never know what the market deals you so what we are looking at is *probabilities*. With winnings > losses, it is NOT a guarantee that your account will always end up in the green but the *probabilities* of that is higher for ...
- Forexia replied Sep 7, 2017
You and I both know how many of brokers in the retail Forex trading are true ECN brokers. I am surprised you are listening to ltrain who's been labelled as a "Commercial Member" to doubt this especially with your experience.
- Forexia replied Sep 7, 2017
$200 loss vs. $100 is not TOO bad although it's still 200%, TWICE of the winning and in your example, it's only fine because you were able to make 7 X $100 profit. What if you weren't? What if you were only able to make 2 X $100 profit? You never ...
- Forexia replied Sep 7, 2017
Trader's Way is NOT an ECN, period. And even if they DO disclose their Liquidity Providers, you still won't have a way of checking because they are not obligated to provide you the Statement of Execution so you never know who was the counterparty to ...
- Forexia replied Sep 7, 2017
I agree. The rule of success for daytrading is still "Let the profit run and stop the loss early" so that way the profit would be larger than losses so ideally one should aim for large wins vs. small wins but what I was saying was IF you want to ...
- Forexia replied Sep 7, 2017
So WHY don't you just open accounts with Oanda since you are already demo'ing with them? WHY do you want to defend Trader's Way and accuse others of having vendetta against it? I was discussing how non-ECN brokers operate in general and it was only ...
- Forexia replied Sep 7, 2017
Emails typed in italics by the poster would NOT count as official emails by the broker. And all it said was it was corrected; it did NOT mention any "credits".