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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Disliked{quote} you better be sure your broker is a good one. FXCM and Alpari who offered high leverage accounts died...Ignored
Disliked{quote} They didn't die because of high leverage, but insufficient margin settings. If they were setup right, all trades would have been closed automatically before they went into negatives.Ignored
Disliked{quote} They didn't die because of high leverage, but insufficient margin settings. If they were setup right, all trades would have been closed automatically before they went into negatives.Ignored
Disliked{quote} but for those trades to close the market needs to have liquidity at specific levels, problem with the SNB depeg is that brokers and even banks cant fill orders due to a sudden disappearance of liquidity....Ignored
DislikedIf there is no liquidity to fill the price, the Broker is responsible, right ?Ignored
Disliked{quote} Have a question here, you might know how the negative balances occured. A trader can loose max. his a/c capital, that is how 300 or 500 : 1 leverages are supposed to be set. There must be a security feature to stop out the a/c whether there is liquidity or not. If there is no liquidity to fill the price, the Broker is responsible, right ?Ignored
Disliked{quote} Lol. Have you read that contract? It is basically you sign if you die it is your fault. Nothing you can do about it. Would expand but believe Tyrant is already writing answer.Ignored
Disliked{quote} Yeah, I agree, we sign contract but if the Brokers are not able to fill the price, then what way the lesser leverage ( 1 : 50 ) can help ?Ignored
Disliked{quote} the broker is responsible to hedge by countering a client's trade by placing a trade, so if you have a 1:400 leverage account you place a 1 standard lot long, it means the broker has to place a 400 standard lot short to hedge the risk.... problem is when SNB unpegged, some clients who already has open orders suffer from a huge gap down and that gap down essentially means stop loss orders may not be filled..... so what client thinks they are losing negative balance, the broker's failure to hedge by placing the counter trade is losing 400...Ignored
DislikedYour comment below kind of confused me.. You are not saying the broker will hedge all clients order by taking the other side are you? In that case the orders from clients will not have an affect on the market right except for the stop losses? The hedge (protection or cushion) they have is the margin requirement (the cash they set aside for each trade) they set for clients. In this case due to lack of liquidity brokers could not close all trades (margin calls) on time so negative balance. Now they all increasing the margin to have a better cushion...Ignored
Disliked{quote} hmmm let me rephrase this... in order for a broker to hedge against a client who places a 1 lot 1:400 leverage trade. the broker has to find a liquidity provider with 400 lot in the exchange market..... doesnt have to be the broker filling it themselves. could be other banks doing a trade at that size which is not big at all for a bank.... the margin requirement is the cushion indeed. means the broker is having clients to put up more value to place a trade. thats because its likely reflecting the lack of market liquidity to fill the order...Ignored
Disliked{quote} He just makes it a bit confusing. Am native Czech so let me say it easy: You place SL - broker places order at liquidity provider - you have a faking gap - both of you get filled at bad price.Ignored
Disliked{quote} He just makes it a bit confusing. Am native Czech so let me say it easy: You place SL - broker places order at liquidity provider - you have a faking gap - both of you get filled at bad price.Ignored
DislikedThank you but mine and broker's order are in two different directions. One long and one short so its not possible for both of us to screw at the same time right? why hedge otherwise? {quote}Ignored
DislikedYou place SL - broker places order at liquidity provider - you have a faking gap - both of you get filled at bad price.Ignored
Disliked{quote} They didn't die because of high leverage, but insufficient margin settings. If they were setup right, all trades would have been closed automatically before they went into negatives.Ignored
Disliked{quote} Ok, the Traders did not place stop loss, so negative balance ? I can not understand why the stopping out security feature due to low margin did not work ? Broker/LP did not fill the price . what is the point in having lower leverage in such case ?Ignored