That's awesome. Please do reply when more info is available such as maintenance margin requirement, deposit/withdraw. I'll try to open up the acct first while waiting for your resonse before i deposit. Thanks

But the problem is that i have 250k in cash and they only allow me to trade 10k becasue my income is low, i dont understand what kind of risk model is that. I dont see that bank is doing that to their customer. Also knowing your customer doesnt mean ...

If you have a sizable account (say $1M), you don't need anything more than 10% a month. Because you'll have $100M+ in a few years at this rate of growth. I'm working toward my $1M with 4% monthly growth and i found it already hard enough to ...

If you see me around for another 2 years, then it is proven.

i'm not entirely wrong since i'm only speaking from a personal tax perspective. LOL

You can carry your losses to the next year (you keep carrying if you never win) to compensate any gain, but you wouldn't get tax return for capital loss or the government will be in big trouble.

I believe the top 5% who are making a good living in Forex do look at indicators or price movement of somesort very closely. If it is pure guess, i don't believe they can be so successful. Or maybe they are really lucky, including myself who trade ...

VP in the finanical industry doesn't really mean anything because majority of the front office folks are VP or up. Just like you have a lot of managers in the retails side as well and they dont really manage anyone other than themselves.

Yes, that i agree with. There would be a limit as to how many accounts someone can control without any certification. I was only referring to this specific case for his parents. Do worry too much about legality and just trade (i do the same for my ...

Persistence it is! I blew many accounts in order to find my golden system. It doesn't come in a month or two. It took me 5 years (maybe i'm a bit slow, but i never gave up and i finally find my golden system after 5 years of trial and error) . But i ...

That's just hidden from your own eyes, not hidden from the broker. It only has an mental/emotional effect to the trader, no practical effect to the general market/broker. The broker needs to see the order in order to execute it when it is triggered.

You dont need any qualification to control someone's account as long as you have permission. And to get the permission, that's where you need your qualification for clients. For your parents, as long as they give you permission to use their fund, ...

What do you mean by hiding your limits and stops? I'm not sure if i understand. Nonetheless, i don't really see the need to "hide" them because no one will look into your limit and stop and try to go against you when your order is so small compare ...

i was like you when i initially start. What you need to do is throw away all indictors and tools you use. Focus on one at a time until you find one that suits your trading style. Do not overload yourself with too much information. In the end, you ...

If you see that happening to you all the time, then it means that your analysis is right about the resistance and support. If you like to avoid that, you can lower your limit by a few pips next time and increase your stop loss by a few pips. Is just ...

go to www.dailyfx.com, their online-charts (powerchart in particular) are very good and FREE

that sounds very fishy...next thing you know the firm might be liqudated and there goes all your money...

For canadians, i find MF global fx to be quite competitive in terms of rollover rates (swap rate). I also use Questrade and their rate is terrible. They charge a premium on their rollover rates.