FX Trading in Europe under threat - act now | Page 26 | Forex Factory

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FX Trading in Europe under threat - act now

  • #501
  • Edited Apr 4, 2018 1:35am Apr 3, 2018 4:10am | Edited Apr 4, 2018 1:35am
SORRY I HURTED YOUR EGO

Inserted Video





Yes I am copy images from internet about LeBlau strategies. Keep using Sharpe Ratio , I don't care. There are ton of research paper on net, which explain why its not valid, it is easy verify using any back test application. Its not tell quality, how robust trading strategy or fund is, can be huge profit peak, and deep drawdown.
I am glad you have time to count how many times I am editing posts, while you are managing your ten fintech companies and lending money to poor.

{--------------- Strategic Swiss -------------------
Copyright 1999 Chuck Le Beau, Terence Tan, David Elden
Version 1.0
http://www.traderclub.com/systems_strategic.htm
}

{------------- SYSTEM COMMENTS --------------
Money Management Stop is $3,500.
Maxbarsback are 50
Costs are $100.00
----------------------------------------------}


{Long Entry}
IF MarketPosition=0 THEN
BEGIN
IF CCI(20) crosses above 170 THEN Buy("L Entry") Open;
END;
{Long Exits}
IF MarketPosition=1 THEN
BEGIN
ExitLong("L 24 ch") Lowest(L,24) Stop;
IF C > 3 * AvgTrueRange(25) + EntryPrice THEN ExitLong ("L3/10Ch") Lowest(L, 10) Stop;
IF MaxTradeHigh >= EntryPrice + 4 * AvgTrueRange(25) THEN ExitLong ("L2Atr") EntryPrice + 2 * AvgTrueRange(25) Stop;

.

.

.

.
  • #502
  • Apr 3, 2018 4:57am Apr 3, 2018 4:57am
Listen, if you want to have a sensible ‘trading’ conversation with me I’ll have it. You want to pull my leg, take the piss, doubt my credentials I really don’t fukcin care, seriously, I’ve a big back I can take it, doesn’t effect my bottom line. But I see red when you start to chat shit about my family. And if you want to PM me with any issues likewise.



Quoting kk100
SORRY I HURTED YOUR EGO https://youtu.be/FVXhLCfBZl0 Yes I am copy images from internet about LeBlau strategies. Keep using Sharpe Ratio , I don't care. I am glad you have time to count how many times I am editing posts, while you are managing your ten fintech companies and lending money to poor. {--------------- Strategic Swiss ------------------- Copyright 1999 Chuck Le Beau, Terence Tan, David Elden Version 1.0 http://www.traderclub.com/systems_strategic.htm } {------------- SYSTEM COMMENTS -------------- Money Management...
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #503
  • Apr 3, 2018 5:21am Apr 3, 2018 5:21am
Let me explain what Vettel told in Australia to Hammilton, what goes around comes around.
You first started talking about my mother, and I started see green light.

It's very hard to start talking about trading when other person belittle and telling to go market filling shelfs with 200$ trading account.

I am ready chat about trading anytime and I don't hate you. for me this is babble between two old twats.
  • #504
  • Apr 3, 2018 5:33am Apr 3, 2018 5:33am
Peace.

Quoting kk100
Let me explain what Vettel told in Australia to Hammilton, what goes around comes around. You first started talking about my mother, and I started see green light. It's very hard to start talking about trading when other person belittle and telling to go market filling shelfs with 200$ trading account. I am ready chat about trading anytime and I don't hate you. for me this is babble between two old twats.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #505
  • Apr 3, 2018 7:07am Apr 3, 2018 7:07am
my 2% not that its worth much on FF as I am a restricted poster, I have only been here a few days.

Trading at a leverage of 1:3 is not so bad when you have a $50k account. I can make some money at least equivalent to my daily pay packet from my regular job.

On a $1k account 1:3 is about making tiny gains consistently and then showing someone with money proof that you are a safe pair of hands.
  • #506
  • Apr 3, 2018 10:56am Apr 3, 2018 10:56am
Anyone has a list what brokers are regulated by ESMA in Europe? Dukascopy for example?? Or FxPro Cyprus?
  • #507
  • Apr 3, 2018 12:15pm Apr 3, 2018 12:15pm
all of them, every last one. You’re welcome.

Quoting todor113
Anyone has a list what brokers are regulated by ESMA in Europe? Dukascopy for example?? Or FxPro Cyprus?
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #508
  • Apr 3, 2018 2:24pm Apr 3, 2018 2:24pm
Quoting Spreadbetter
all of them, every last one. You’re welcome. {quote}
Thats what I was afraid of. Greedy bastards , they just want more of your money for the same services. The guy can loose even more.Anyone who thinks this is for the protection of clients needs to get his/her head examined . Anyway , Tradersway and TurnkeyFX in Europe looks good to me.
  • #509
  • Apr 5, 2018 7:22am Apr 5, 2018 7:22am
Quoting OnlineAddict
{quote} I only leverage UP TO 1:10 and made 40% in march(even though I am happy with 10-20% per month, which equals to 100-200 pips at 1:10 or 200-400 pips at 1:5), so high leverage is definitely not needed to make good money. But I still don't agree with the cap, simply because I don't like any kind of communist interference in the market or anything related. EU should focus on Islam taking over the continent and not harass people who want to make money, its getting annoying!

calling bullshit. so you're a millionaire now, yes?
  • #510
  • Apr 5, 2018 9:28am Apr 5, 2018 9:28am
I read part of this thread and I think there needs to be a cap on leverage as people get to aggressive going in heavy on trades.

The funny thing is I rang my broker to make a complaint and the gentleman on the phone so that I had relatively large balance on the account (£20k which is not so big in the trading world). He then indirectly told me to trade £400 per point!! I was gobsmacked but then again they would make like £1200 on the spread alone. So things like that little story I told is why a cap needs to be put on it.

I watched eazitrader on youtube and he said that on IG's platform trading £1 per point is going to require a margin of £500.00. So basically trading 1 lot is going to require £5000.00 margin lol!!

I think this will stop people blowing up accounts!!
  • #511
  • Apr 5, 2018 10:52am Apr 5, 2018 10:52am
Quoting Samson85
I read part of this thread and I think there needs to be a cap on leverage as people get to aggressive going in heavy on trades. The funny thing is I rang my broker to make a complaint and the gentleman on the phone so that I had relatively large balance on the account (£20k which is not so big in the trading world). He then indirectly told me to trade £400 per point!! I was gobsmacked but then again they would make like £1200 on the spread alone. So things like that little story I told is why a cap needs to be put on it. I watched eazitrader on...
There probably should be a cap on leverage however it obviously depends on the position size, number of trades open at any one time and the size of the account. Certain brokers I've encountered impose massive leverage on their clients (up to 500:1!) so the only way I can see to counter this is simply trade smaller position sizes...

I guess it proves that most brokers would prefer most of their clients end up as part of the 90/90/90 club and have no real interest in educating their clients sufficiently to avoid 90/90/90 club membership.
  • #512
  • Apr 5, 2018 3:22pm Apr 5, 2018 3:22pm
Quoting beastwork
{quote} calling bullshit. so you're a millionaire now, yes?
What do I gain by wasting my time to prove something to an anonymous person? I said my facts, if you believe them or not is not something I worry or care about. I am not selling anything in here.
Everyone can see the chart, but only a few can actually read it.
  • #513
  • Apr 5, 2018 7:36pm Apr 5, 2018 7:36pm
Quoting OnlineAddict
{quote} What do I gain by wasting my time to prove something to an anonymous person? I said my facts, if you believe them or not is not something I worry or care about. I am not selling anything in here.
I don't care what you waste your time doing. I never asked for you to prove anything, since it obviously isn't true. 10-20% a month? You better be a millionaire.

You should be enjoying your extremely lucrative life, not responding to an anon like me.
  • #514
  • Apr 6, 2018 2:42am Apr 6, 2018 2:42am
Quoting beastwork
{quote} I don't care what you waste your time doing. I never asked for you to prove anything, since it obviously isn't true. 10-20% a month? You better be a millionaire. You should be enjoying your extremely lucrative life, not responding to an anon like me.
How does 10-20% a month make someone a millionaire? Lets say someone would trade with 100k and obviously withdraw all profits every month, that would make him 10-20k a month, thats easy money to spend every month with saving a few k maybe. Not everyone is compounding, thats just a theory, but not a reality, people who live off forex, withdraw regularly.
Everyone can see the chart, but only a few can actually read it.
  • #515
  • Edited 3:59am Apr 6, 2018 3:14am | Edited 3:59am
Quoting Samson85
I read part of this thread and I think there needs to be a cap on leverage as people get to aggressive going in heavy on trades. The funny thing is I rang my broker to make a complaint and the gentleman on the phone so that I had relatively large balance on the account (£20k which is not so big in the trading world). He then indirectly told me to trade £400 per point!! I was gobsmacked but then again they would make like £1200 on the spread alone. So things like that little story I told is why a cap needs to be put on it. I watched eazitrader on...
Its not funny and its funny. I am very sure fees will increase and decrease my profits.

Trading futures you need around 500$ for intraday margin for popular ones, one pip for 6E euro is 12.50$ or ES one point is 50$

Regulation wont save 1000$ or 200 000 $, I can walk out with very thin wallet caused by common flash crash or my stupidity or crook broker
Only thing what is not gambling buying indian rupees from black market , better rates than bank and spend those to coconuts and bikes..
  • #516
  • Apr 6, 2018 5:06am Apr 6, 2018 5:06am
Quoting OnlineAddict
{quote} How does 10-20% a month make someone a millionaire? Lets say someone would trade with 100k and obviously withdraw all profits every month, that would make him 10-20k a month, thats easy money to spend every month with saving a few k maybe. Not everyone is compounding, thats just a theory, but not a reality, people who live off forex, withdraw regularly.
You're right. I'm wrong. Carry on
  • #517
  • Apr 6, 2018 5:25am Apr 6, 2018 5:25am
$500 to open an account with AMP. with that $500 as margin you can trade $125,000. You can still trade with too much leverage if you want to.
  • #518
  • Apr 6, 2018 7:15am Apr 6, 2018 7:15am
Quoting OnlineAddict
{quote} How does 10-20% a month make someone a millionaire? Lets say someone would trade with 100k and obviously withdraw all profits every month, that would make him 10-20k a month, thats easy money to spend every month with saving a few k maybe. Not everyone is compounding, thats just a theory, but not a reality, people who live off forex, withdraw regularly.
you don't withdraw anything. you compound for a year and you will get 900000. next year do the same and you will get 8.1 mil dollars . in 2 years time. but of course we obviously have to withdraw as a good profit maker.
  • #519
  • Apr 6, 2018 8:11am Apr 6, 2018 8:11am
Quoting deltatrade
{quote} you don't withdraw anything. you compound for a year and you will get 900000. next year do the same and you will get 8.1 mil dollars . in 2 years time. but of course we obviously have to withdraw as a good profit maker.
Compounding only works in theory. First, trading is 50% psychological and its different to trade 100k and different to trade $1mil. Second, I wouldn't trust a bank with $1mil in it, let alone a broker...thats why I love to withdraw monthly, because I simply don't trust anyone with my money, I already been there when Alpari went down. And that can happen anytime to anyone.
Everyone can see the chart, but only a few can actually read it.
  • #520
  • Edited 9:16am Apr 6, 2018 9:05am | Edited 9:16am
what happened to alpari? as i know it went into bankruptcy .didn't the clients get the money as they were obliged to keep the money in segregated accounts.

https://www.leaprate.com/forex/broke...nds-shortfall/

as i read this you won't get it all back, about 80%. next it's something that bothers me. commissions and spreads are sufficient business for a broker to keep it running . as i understand a mt4 license costs around 30-40000 usd. so what's the deal with trading ? they traded the chf . they are investors also? they shouldn't be. trading is a risky business. in my country there was a man called cristian sima that was also a broker besides a trader . he lost all the money through arbitrage strategies that he considered are a sure win.
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