I work in the business and manage a few accounts that are very big players. It's funny because not always do you see the big deposit guys trade large volume, but it's the middle and up guys that do the heavy trading. Speaking of non institutional ...

Time based risk management. Or simply - understanding that as time passes, event risk increases. There are short term inefficiencies that can be exploited. You're looking at 'this' trade to do as you expect, within a reasonable amount of time - if ...

+1 Developing the proper state of mind and learning specific lessons by figuring something out on your own, are assets best acquired from the beginning. An experienced trader has tested not only the market's boundaries, but also his own, and this ...

Though seemingly rightful, this is a little unprofessional - the account numbers and tone and all.. A trader wouldn't be a trader if he/she didn't try to game the system. Some just focus on the wrong game entirely! When someone asks me if I give ...

Understand this: You do not get paid to trade. You get paid based on your performance. Trading is a challenge, and sometimes challenges require devotions similar to devotions associated with "work." Race car drivers don't get paid to drive. They get ...

''The settlement with the NFA was for positive slippage that was not passed on prior to 2010.'' "Below are the data from a total of 43,128,901 trades executed through FXCM over a six month period from August 2013 to January 2014. In those 6 months ...

Are you in the US Rooi?

Time based charts are an option. There is no best one to trade as they all tell you the same information, some are just on a different granularity. The question of which to use depends on what kind of set-ups and R/R you are using - and where the ...

I do not work for FXCM, and given the recent picture with them, I would not recommend trading with them. About spikes from a brokers perspective: Spikes exist because of pricing errors in some cases, these pricing errors come from the banks, and ...

I know this is a bit old, but I thought I'd lend some insight to those still curious about this topic. Some brokerages will offer laddered pricing to those looking to trade higher levels. It is not uncommon for a trader to be looking to trade these ...

Whatever you end up doing, always keep in mind that trading is a marathon, not a sprint. As such, don't fall in love with any single trade and cut your losers. When the opportunities are there, be decisive and bold. Don't be afraid of trading small ...

Well, now you know what not to do, right? Cost you about 7K. A great question to ask yourself: If I took the opposite trades to the ones that got me in the 7K hole, would I be up 7K? If you say you'd be up 7K - you'd be wrong. Losing 70% of your ...

This might not be a reality for some people, but consider working at a trading firm. This does two great things. 1 - you have to stay on top of market events, and get up to speed on the inner working of how the mechanics of trading work, etc. It's ...

Futures and stock traders must be nuts.. right? There will be a lot of traders here that think the same way. Personally, I've talked to hundreds of traders who have horror stories dealing with offshore brokers, and because they aren't in the US, ...

10-25K minimum if you're serious about this. Anything under that amount is great for beginners.

Funny. Usually the guys that make money use 20:1 or lower. Retail FX leverage even at 50:1 is massively higher than the stock market or the futures market. I see it everyday, and was one of those who liked 100:1 when it was still around. Time has ...

A broker will offer rebates to satisfy a high volume trader in some cases. But mostly, rebates are offered to IB's as compensation to drive business to the broker. You might think that it's a broker giving the rebate, but a lot of the time, it's the ...

I hear things about the Yen. And I wouldn't be surprised if events like this, maybe a bit more subdued, take place more often. The environment that we are in right now is volatile, as volumes have increased in Jan alone from around 5 T per day to ...

+1 There is no real ECN in retail FX or CFD's. When one of these brokers says ECN, it's a marketing ploy geared towards naive traders. 4 pips is horrible for crude, and as MaxDoom said you should be more concerned with them being a bucket shop - ...

I'm a broker at one of the biggest FX brokerages in the US/World. I deal with HVC's and the everyday new trader. I have had an account here on FF since 2006 (my other name Twee couldn't help me recover... lol ). I know this business better than most ...