4% A Day Forever 1,432 replies
an EA that worked forever 29 replies
Forever Demo Account 9 replies
Disliked{quote} gspajon, what futures broker are you using. I am thinking about moving to futures but have not really looked at it much. HOw is the price action/movement compared to spot forex?Ignored
DislikedGlobal Brokers NZ Ltd was the first causality reported by Bloomberg yesterday night. ALPARI UK according to CNBC is insolvent. FXCM shares dropped from 17$ to little over 1 dollar this morning. Their shares are currently not trading and it seems they need 230 million to keep going. Checking around forums I can see people withdrawing ( or trying to) money. Which looks like a "run on the broker" in process. It will be very interesting to see what kind of new regulations will emerge and how traders and brokers will adapt to it.Ignored
Disliked{quote} Before I comment, you DO sound quite like Chicken Little -- The Death of Retail Forex? Adapt or Die -- what is that, on your state flag? Why don't YOU tell us plain-folk what is likely to happen now that a central bank chose to break the rules and knock the hell out of some very large funds, and as a by-product a few unprotected firms? Before you get too far into it, remember the oldest adage in just about any investigation: Follow the MoneyIgnored
DislikedI already knew this was coming... aslong as there are central authorities making large rash decisions like this.. the system will never work and keep breaking.. this is why im accumulating bitcoin On top just like SNB guys wife made money putting the peg in, I bet him and his friends/family made money on the way down.Ignored
DislikedFolks, The questions should be asked: 1. Wht did the other brokers do right, why they are able to continue operations ? 2. Wht did FXCM do wrong why they cannot continue based on regulations etc. ? Heads may roll at FXCM when dust settles. 3. Did the current regulations work for the brokers tht are surviving ? If yes maybe no more regulations are required. Think abt the above. I feel FXCM did not do something correctly, possible a technology solution. I cannot understand why so many other brokers are ok. I am a FXCM customer and I really hope the...Ignored
Dislikedwhat i don't get is why should the good regulated brokers fall in trouble or why the regulations/rules to be changed/made after such a situation where all of them should be well aware of the fact that a central bank can possibly announce anything anytime?? and regarding eur/chf... when you wear a crap cap, you and all others watching you should know that you'll have to put it off today or tomorrow?? Oracle, I humbly request you to pray for those lost and for the continuation of the market as before instead of making fun of it. Thanx !Ignored
People are very gullible and naive
Is this the first time such catastrophe occurred? >>>>> NO.
It is a publicity stunt that "poor us brokers, we lost $millions".... I wonder how much they paid the representative to deliver such a negative picture?
*****People might not know it. When price moves by huge numbers in minutes, their computer halts everything/all trading. (This is a big secret they don't tell you).*****
Now this is a big magician trick.
You make people look at one hand (Poor us brokers, we lost money)..... and on the other hand (somebody pocketed huge gains that we don't want people to know).
RUBBISH.... STINKING RUBBISH.
DislikedNothings gonna change. Same happened with flash crash. Did regulators do something meaningful later? No. We have here couple weird brokerages getting popped and will regulators do something about that? No. Just move aside the dead ones and keep moving forwardIgnored
Disliked{quote} Ok funny boy!! I will pray you don't come here bashing regulators when you get cot with your pants down unable to trade. Assuming you trade at allIgnored
DislikedLeverage might change but that's about it and maybe higher capital requirements ($20,000 and up for example). Retail spot FX trading will not go away.Ignored