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- 51 Results (1 Thread , 50 Replies )
- 666 replied Nov 4, 2015
The guy asked for a futures broker
currency future brokersTry Cannon Trading, Interactive Brokers, GlobalFutures or Deepdiscounttrading.
- 666 replied Sep 23, 2015
When they understood the game, yes. Take 100 bucks, go to the next bank and tell them you want to trade FX with a 0.3-spread on eurusd. What I want to say: The most retail "traders" are totally undercapitalized. Do a normal job, save money ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 11, 2015
I usually scalp and turn the position when I think I am wrong. Sometimes I also hold a position over month, usually 1-2 times per year. 1:3 is OK for me, this is some kind of soft stop I always remember.
30 to 60 pips is good enough for me
- 666 replied Sep 11, 2015
I try to catch 5-9 pips. Good enough for me when you trade consistent.
30 to 60 pips is good enough for me
- 666 replied Sep 11, 2015
Fact is: The people usually expect too much from their trading, they overtrade. Just collect 5-6 pips every day and turn off your station. Come back next day and repeat. Relax and enjoy the rest of your day, write a blog, take a walk, read, learn, ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 10, 2015
Hi Kahn, it was a period of six month. Shorting @ 133 and enlarging the position the chart downwards. Leverage was never higher than 1:50. I usually trade 1:10 max, but when you are more than 600 pips in plus with your key position you can scalp ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 10, 2015
Hi Kahn, I know what you mean. I am trading since '98. The feed is the same in most times. I need 5 seconds watching on a feed and I can tell you if an algo is running over the feed. However, I trade FX just with futures. Call me paranoid, it`s ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 10, 2015
"If the broker works on a principal base (i.e. not ECN) he teoretically can quote you a miss feed which is not in line with the real market (could be done only for a very short period of time / seconds, e.g. price spikes, otherwise the broker can ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 10, 2015
Katrooo, OK, I see what you Mean. BTW, all traders listed above traded futures, stocks or some other kind of delta-1-products.
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 10, 2015
Rotter was trading the bund future at his beginning. He worked for the same prop firm like me (Galileo Futures Fund owned by the former bank trader Beiler). He went and one year later I came to the team.
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 10, 2015
Inceptionist, you are welcome!
Do You Know Any Millionaire or Multimillionaire Forex Traders?"Your retail FX broker doesn't even have a firepower to move G10 FX cross" You still have missed me, sorry. Of course the broker doesn't have the power, how could he have? I am not talking about brokers which are ...
- 666 replied Sep 10, 2015
And finally one with hard facts. We had a customer who deposited 50k and traded it up to 350k. Of course he never got his money back, not even the deposit. Such traders would blow up the whole company. The money was away, it was spent for stuff, ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 9, 2015
After you realize what kind of game is played you stop searching for magic indicators and you start to think and understand: video
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 9, 2015
Wait, I forgot this one, sorry: Had the broker suddenly changed it's liquidity provider after you have withdrawn 500 percent profit (not micro account) on your deposit? If yes, we are playing in the same league. Otherwise: I know exactly why I am ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 9, 2015
So, dream on on your shinny wannabe-fx-dream.
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 9, 2015
Lol. I worked for a fx broker many years. Let me expain it to you in this way: Have you ever Seen a non-deposit bonus from a futures broker like Interactive? Have you ever been spiked for 30 pips during no-news-time after making 300 percent profit ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 9, 2015
I think they know exactly what are they talking about. Funny, but I never made money with a forex broker. When I trade futures I make money despite the wider spread. And man, I am not talking about ICAP FX. I do not have 5 millions to give them a ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?
- 666 replied Sep 9, 2015
I have never met a forex millionaire. However, I know a guy who is making money with trading, mainly with Italian stocks. Another one trades the Bund Future quite successful. I am trading currency futures and I make money. Not a lot, but the time ...
Do You Know Any Millionaire or Multimillionaire Forex Traders?