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- hawkman replied Oct 15, 2012
Actually, there is one crucial difference: say you have 10,000 dollars and put into a trading account. If you lose it, it's just your money, you don't owe anybody anything anymore. You'll just be broke, and maybe still have a job. But if on top of ...
- hawkman replied Oct 14, 2012
Well, just tell me your name so I can be on the lookout for when you throw yourself out the window and make at least a headline under local news.
- hawkman replied Oct 30, 2011
Ha. My broker mistakenly credited my account with about 3,000 dollars. Silly me I called them to let them know, and when I did, they disconnected my account for about half an hour, the time it took them to fix their blunder, and blamed it on some ...
- hawkman replied Mar 30, 2011
Couldn't have said it better. Price has a memory, I've lost money because I just couldn't afford to wait for it to return for reasons of undercapitalization. And more than once. I've picked tops and bottoms (the wrong way) for precisely that reason, ...
- hawkman replied Sep 2, 2010
So open an offshore and trade through it.
- hawkman replied Jun 7, 2010
If only it were that easy. Just look at how pummeled the AUDUSD is getting lately.
- hawkman replied Jun 4, 2010
Yeah, they want to keep it as unregulated as possible so they can make as much money as possible.
- hawkman replied Jun 4, 2010
Ask someone to write that down on your tombstone after you lose all your money. I've been trading forex for almost a year now and I've come to realize even 10k lots can kill you if you have a small account (and by small I mean less than USD 10K. And ...
- hawkman replied May 13, 2010
It's true, that is the way to go. But they know that, so they've got that covered too. They'll charge you outrageous swap points, so it becomes losing proposition to hold positions long term. You should see the rollover my goddamn broker charges.
- hawkman replied May 12, 2010
Gee, I dunno. Maybe the platform tells them everything about you? They know everything you run and you do. My representative told me "yeah, I noticed you've tried out a robot".
- hawkman replied Mar 21, 2010
Fooled by randomness is nothing but pretentious talk. You want a useful book about forex, read "how to beat the forex dealer" by agustin silvani.
- hawkman replied Mar 21, 2010
That's a big if. How about if you'd gone short the EURUSD at 1.00?
- hawkman replied Mar 21, 2010
He's right. I put 5000 USD into forex, six months later I''ve barely broken even. My broker got around 3000 USD in commissions. There's truth to that saying "where are the customers' yachts"? Had I invested that same money in the stock market in my ...
- hawkman replied Mar 4, 2010
That's nice. What broker are you using? And what's their spread?
- hawkman replied Feb 27, 2010
Could we keep this on topic, please?
- hawkman replied Feb 8, 2010
To be honest, I can't tell you what they're like under normal conditions. In only tried a demo last year, and it's not unlimited, so I don't remember much of it anymore. Somehow it didn't feel too different, but I did only demo their MT4 platform. ...
- hawkman replied Feb 7, 2010
So you're against forex, period?
- hawkman replied Feb 1, 2010
Well, when trading forex, what matters to me most would be security of funds (and actually being able to get my money out if I do decide to close my account) and getting a platform that won't use averaged down positions like that piece of **** ...
- hawkman replied Feb 1, 2010
Why the hell does this forum truncate quoted text?? I've had to edit the previous twice and still got an ellipsis? Like I was saying, if they don't have a dealing desk, that would actually make them pretty good (in fact, better than most). Are there ...
- hawkman replied Feb 1, 2010
Your replies got me curious. So I checked FXCM's website. Judging from what I know, having no dealing desk would be a good thing? Why are people so negative when it comes to FXCM? Not defending them or anything, I really want to know, that's all. ...