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  • #81
  • Mar 19, 2018 3:12pm Mar 19, 2018 3:12pm
Quoting alphadude
The right question to ask in this thread; is "Is the broker on your side or the LP side?" and the answer is: both. The broker is your friend; and you should be nice to them; and they should be nice to you too. Brokers need clients; and clients need brokers; Brokers need LPs; and LPs need brokers LPs and clients are on both ends; and need the brokers to broker their deals. Brokers need to make a living; so do clients, and so do LPs. we are all part of the world of trading. so be nice!

  • #82
  • Mar 19, 2018 4:27pm Mar 19, 2018 4:27pm
Do you just go all in/on full tilt on every bet you place? Wtf is that, losing everything in a day? Even if it is buttons, that’d some shite trading.

Quoting HabibiForex
{quote} Yet, if you are on the right side of the trade then the broker can do very little to limit your overall profit. We as trsders get so wrapped up on theory instead of the real life things which effect us and in turn the market.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #83
  • Mar 19, 2018 5:07pm Mar 19, 2018 5:07pm
I saw saw some research on this back in approx 2014, iirc it related to experience, less use of leverage, and swing and or position trading over and above day trading or scalping. The majority of retail with larger accounts appeared to regard FX trading as a longer term investment, versus a punt.

Incidentally the average lifetime of the FX punter was put at three months, only 5% lasting a year.

Quoting Ill-b-back
{quote} Hi Triphop, thx. I have read from a number of sources now that the percentage of winning traders goes up rather significantly with deposits over $10,000 and/or with larger accounts. Not sure if this reflects the traders greater experience or the brokers being less willing to be the counterparty to larger trades due to the risk profile it presents. I know SB and some others in here have said in the past that while brokers get up to mischief, the real SL hunter is the market itself.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #84
  • Mar 19, 2018 5:56pm Mar 19, 2018 5:56pm
Quoting Spreadbetter
I saw saw some research on this back in approx 2014, iirc it related to experience, less use of leverage, and swing and or position trading over and above day trading or scalping. The majority of retail with larger accounts appeared to regard FX trading as a longer term investment, versus a punt. Incidentally the average lifetime of the FX punter was put at three months, only 5% lasting a year. {quote}
Hey SB, great post thanks for this.
Makes perfect sense to me.
Thx again.
Come with me if you want to live....
  • #85
  • Mar 19, 2018 9:10pm Mar 19, 2018 9:10pm
Quoting alphadude
{quote} Habibi; what happen to the crystal balls {image}
I tried to predict without rubbing .Lol. Back on tracktrack thus far.
Attached Image (click to enlarge)
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  • #86
  • Mar 19, 2018 9:12pm Mar 19, 2018 9:12pm
Quoting Spreadbetter
Do you just go all in/on full tilt on every bet you place? Wtf is that, losing everything in a day? Even if it is buttons, that’d some shite trading. {quote}
That is why you need to look into the teades grasshopper. All in with a high expectancy hit rate is what allows one to take that chance. Weekly withdrawls keeps the account in green and consistency keeps the equity curve up. Feel free to load a TE and show us how it should be done.
  • #87
  • Mar 20, 2018 5:03am Mar 20, 2018 5:03am
Two things, firstly;I don’t disclose my trading methods with anyone, what’s in it for me? You’d be bored with my 1% growth per week, repeating the same process each day, fully automated, risking 0.05% per trade, never suffering a drawdown of over -2%, using 1:20. Secondly; you’re not operating a high positive expectancy method, you’re desperately gambling, it’s not a good look...

Oh just realised there’s a ‘thirdly’; you’ve gone, just another bit of roadkill, left dead on the side of the ego over brain highway.


Quoting HabibiForex
{quote} That is why you need to look into the teades grasshopper. All in with a high expectancy hit rate is what allows one to take that chance. Weekly withdrawls keeps the account in green and consistency keeps the equity curve up. Feel free to load a TE and show us how it should be done.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #88
  • Mar 20, 2018 6:41am Mar 20, 2018 6:41am
An reasonably informative site on Brokers for someone traditionally light on details like me.
A good read after the NDD+STP+DMA+ECN broker list, in particular from "Conclusion" onwards.
https://www.100forexbrokers.com/stp-ecn-brokers
Come with me if you want to live....
  • #89
  • Last Post: Apr 28, 2018 2:23am Apr 28, 2018 2:23am
Broker is the medium that gives a trader the floor to reach the forex market. And, traders will require floors to reach the market where traders will receive comfortable trading journeys. But without good broker we can think of easy trading life since a trader’s trading journey will significantly dependent on the executions services, trading modules of the traders. And obviously good brokers are charging good commissions or spread for their services.
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