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  • #241
  • Sep 27, 2017 3:17am Sep 27, 2017 3:17am
Quoting Stubborn
Below is the comparison of the commissions charged by tickmill and pepperstone. Difference of about 3-4 dollars on 1 lot between both. Pepperstone charges huge commission as compared to tickmill even though both are ECN accounts. {image} {image}
I think PS commission can be lowered by some IB deal ( like all Aussi brokers) to 5.5$/lot.
Still will be higher than the 4$/lot at Tickmill, but less than you pay now.

Can't comment on spreads, but if PS also losing in that comparison, the simple answer to use Tickmill?
there is always, always another trade!!
  • #242
  • Sep 27, 2017 3:48am Sep 27, 2017 3:48am
Quoting profitfarmer
{quote} I think PS commission can be lowered by some IB deal ( like all Aussi brokers) to 5.5$/lot. Still will be higher than the 4$/lot at Tickmill, but less than you pay now. Can't comment on spreads, but if PS also losing in that comparison, the simple answer to use Tickmill?
Thanks for your advice and suggestion.
I would love to use only tickmill as I am very happy with their commissions , spreads , not much slippage and all services however I want to be cautious and not end up putting all eggs in one basket.
Hence the need for multiple trading account with different brokers arises.
I am also using a rebate program whereby I get 30% of commissions charged refunded back to me.
I will use their services for some time and see if their services are good.
When the going gets tough , the tough get going
  • #243
  • Sep 27, 2017 7:25am Sep 27, 2017 7:25am
Quoting Stubborn
{quote} {quote} I had planed to open two additional trading accounts with pepperstone and icmarkets from the profits of this tickmill account. I have managed to open a trading account with pepperstone today with the withdrawal received from tickmill. By the time the pepperstone account was funded I missed a GBPUSD long trade which anyways would have been closed with a loss of around $2. I took 3 trades on this new pepperstone trading account : short usdchf at 0.9739 , short usdcad at 1.2389 and long eurusd at 1.1743. Waiting for closure of the above...
All the above mentioned 3 trades were closed at a loss totaling $4.02 including commissions.

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Start of this new account was bad with the first 3 trades being closed in loss.
Lets see if it can improve in the coming days.
When the going gets tough , the tough get going
  • #244
  • Sep 30, 2017 1:19am Sep 30, 2017 1:19am
Demo Trading : It is very useful in understanding the functions and features of the terminal/application. It can also be used for back testing and forward testing of strategies and its functionalities. However to get the real feeling of trading and its impact on human psychology and emotional behavior one must trade with real money irrespective of amount of capital.
So start with real money . You will understand trading much better.
Green pips to all.
When the going gets tough , the tough get going
  • #245
  • Oct 4, 2017 10:57am Oct 4, 2017 10:57am
Quoting Stubborn
Its almost 5 months that I have been trading this account and the account is still very profitable till date. {image} I did see 2000% profit or 20 times of capital which made me very happy. However The 6 month target is still more than a month away and I need to survive the 6 month milestone without being margin called. Doing my level best to be profitable with the little knowledge that I have. Wish me luck
I was thinking of sustaining for 6 months at one time. In the mean while time has flown and suddenly I realize I have completed not only 6 months or 1 year without being margin called but I have actually completed 1.5 years (18 months ) without being margin called. I can't believe I actually did this.

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Looking forward to completing 2 years without being margin called.
Lets see how this goes from here on.
When the going gets tough , the tough get going
  • #246
  • Oct 4, 2017 11:16am Oct 4, 2017 11:16am
if i can go back in time and knew you would pull this off..

you would be trading my account..adn i'd be a millionaire by now..
  • #247
  • Oct 4, 2017 12:23pm Oct 4, 2017 12:23pm
Quoting Stubborn
Demo Trading : It is very useful in understanding the functions and features of the terminal/application. It can also be used for back testing and forward testing of strategies and its functionalities. However to get the real feeling of trading and its impact on human psychology and emotional behavior one must trade with real money irrespective of amount of capital. So start with real money . You will understand trading much better. Green pips to all.
Couldn't agree more. P.S, way more of a thrill trading a real account...lol
  • #248
  • Oct 5, 2017 1:05am Oct 5, 2017 1:05am
Quoting hilmy83
if i can go back in time and knew you would pull this off.. you would be trading my account..adn i'd be a millionaire by now..
Hahaha. Nicely said.
I like your sense of humor.
When the going gets tough , the tough get going
  • #249
  • Oct 6, 2017 12:21am Oct 6, 2017 12:21am
The monthly percentage result/return of the Tickmill account based on cumulative account balance so far :

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When the going gets tough , the tough get going
  • #250
  • Oct 8, 2017 7:55am Oct 8, 2017 7:55am
From inception markets were of 2 types : Trending and Ranging.
Trending is further categorized into bull phase and bear phase.
In trending phase either the TP or SL is touched very quickly without much agitation and frustration.
However in Ranging phase there is a lot of frustration and agitation and our patience is tested multiple times.
If a person can keep cool and calm during this ranging phase the person will become a better trader with time.
Discipline , patience , self control and greed control needs to be implemented seriously.
When the going gets tough , the tough get going
  • #251
  • Oct 8, 2017 8:06am Oct 8, 2017 8:06am
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When the going gets tough , the tough get going
  • #252
  • Oct 8, 2017 8:48am Oct 8, 2017 8:48am
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When the going gets tough , the tough get going
  • #253
  • Oct 8, 2017 10:29am Oct 8, 2017 10:29am
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When the going gets tough , the tough get going
  • #254
  • Oct 14, 2017 9:11am Oct 14, 2017 9:11am
Quoting Stubborn
Below is the comparison of the commissions charged by tickmill and pepperstone. Difference of about 3-4 dollars on 1 lot between both. Pepperstone charges huge commission as compared to tickmill even though both are ECN accounts. {image} {image}
So, do you suggest tickmill? I liked lower commissions. Is it the best you found with the ECN account?
And why open more accounts on pepperstone and icMarkets?

good trades!
  • #255
  • Oct 14, 2017 11:03am Oct 14, 2017 11:03am
Quoting JBourne
{quote} So, do you suggest tickmill? I liked lower commissions. Is it the best you found with the ECN account? And why open more accounts on pepperstone and icMarkets? good trades!
I am very satisfied with tickmill till now. The best so far that I have traded with.
I have been in this industry for the last few years and have seen a lot of bad things happen.
Sometimes small issues like terminal freezing and very rarely brokers going bankrupt or license being revoked. Sometimes leverage reduction issues.etc
It is advisable not to put all your eggs in one basket. Hence the need to open 2-3 accounts in different brokers.Having accounts with different brokers is very beneficial in the long run. If problems arise in one particular broker then trading can be continued with other brokers till the issue with the problematic broker is resolved.
Green pips to you too.
When the going gets tough , the tough get going
  • #256
  • Oct 15, 2017 8:58am Oct 15, 2017 8:58am
Excuse my ignorance, but I'm a newbie. Having more than one account in different brokers, like trading at all at the same time? For example 3 open metatraders?

I read a bit about the MT4 Multi Account Manager plugin, would it?
  • #257
  • Oct 21, 2017 3:28am Oct 21, 2017 3:28am
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When the going gets tough , the tough get going
  • #258
  • Oct 21, 2017 3:37am Oct 21, 2017 3:37am
Quoting JBourne
Excuse my ignorance, but I'm a newbie. Having more than one account in different brokers, like trading at all at the same time? For example 3 open metatraders? I read a bit about the MT4 Multi Account Manager plugin, would it?
I use 3 different trading styles on 3 different broker accounts.
Ideally if you have only one trading strategy then I still suggest that you break the trade size in 2-3 different broker accounts for safety purpose.
Shit doesn't happen everyday but when it does happen you will have a safety cushion to fall on.
Your FF id has been registered in 2010. You are really humble and modest by considering yourself as a newbie.
I wish you green pips in your trading.
When the going gets tough , the tough get going
  • #259
  • Oct 21, 2017 3:46am Oct 21, 2017 3:46am
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When the going gets tough , the tough get going
  • #260
  • Oct 21, 2017 3:47am Oct 21, 2017 3:47am
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When the going gets tough , the tough get going
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