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MT4 Brokers' Virtual Dealer Plug-In

  • #481
  • Oct 1, 2009 9:11am Oct 1, 2009 9:11am
Quoting Jason Rogers
hey fulltime,

The free micro account is only available on the FX Trading Station II, but I will see what I can do....
How about giving him an account (live) on any platform FXCM supports? 25.$ though? Of course,I knew u werent serious with me.
FF = Forex Faggots
  • #482
  • Oct 1, 2009 9:26am Oct 1, 2009 9:26am
Quoting 8fingers
How about giving him an account (live) on any platform FXCM supports? 25.$ though? Of course,I knew u werent serious with me.
I just sent you an email . Very serious with you.
  • #483
  • Oct 1, 2009 9:56am Oct 1, 2009 9:56am
Quoting Jason Rogers
I just sent you an email . Very serious with you.
Sorry Jason-I did not receive an email [email protected] or [email protected] either will work. Nothing in Spam folder either.
FF = Forex Faggots
  • #484
  • Oct 1, 2009 10:21am Oct 1, 2009 10:21am
Quoting 8fingers
Sorry Jason-I did not receive an email [email protected] or [email protected] either will work. Nothing in Spam folder either.
I sent it to Gmail instead this time. Yahoo has a habit of blocking our emails sometime.

And I have good news as well! We accept the proposal...on condition the fact you are doing this is fully disclosed, and you post about your experience at least once per week on the forum about the FX Trading Station II micro account. After 90 days, you can choose to withdraw or keep the money with FXCM to continue trading.

I will be in contact by email regarding getting this setup.

Jason
  • #485
  • Oct 1, 2009 10:27am Oct 1, 2009 10:27am
BTW if you don't have an account with FXCM and would like to test yourself, please feel free to try the free $25 micro account forexmicrolot.com/tradeshow.jsp Terms and conditions apply.
  • #486
  • Oct 1, 2009 11:14am Oct 1, 2009 11:14am
Quoting Jason Rogers
BTW if you don't have an account with FXCM and would like to test yourself, please feel free to try the free $25 micro account forexmicrolot.com/tradeshow.jsp Terms and conditions apply.
Too bad i have opened your micro account last month. Anyway so far the micro account no freeze, not during news events time.
  • #487
  • Oct 1, 2009 11:26am Oct 1, 2009 11:26am
I may have to eat crow? Looks like they may allow me to test their trading environment after all. I will start a new Thread to post my experiences (weekly) and give a fair opinion of all my past "issues" as related to their current environment. I have to admit I didnt expect them to take the offer. This will be interesting for all traders still "on the fence" about trading through FXCM and ex-clients(like myself) who feel they were not trading on a "level" field in the past.
FF = Forex Faggots
  • #488
  • Oct 1, 2009 10:59pm Oct 1, 2009 10:59pm
Quoting 8fingers
I may have to eat crow? Looks like they may allow me to test their trading environment after all. I will start a new Thread to post my experiences (weekly) and give a fair opinion of all my past "issues" as related to their current environment. I have to admit I didnt expect them to take the offer. This will be interesting for all traders still "on the fence" about trading through FXCM and ex-clients(like myself) who feel they were not trading on a "level" field in the past.
Keep in mind though that you will be testing their micro account which gives different execution to their mini or standard FX trading station and metatrader accounts. You may get good execution on the micro account but be slipped to hell or get no execution in fast markets on the other mini and standard accounts. So, you may not be testing their real trading environment after all.
  • #489
  • Oct 2, 2009 12:16am Oct 2, 2009 12:16am
I do know what my past experience was and will use this as comparison. I was still pretty surprised by offer as it is a no-risk situation for me but if things have changed for the better-I will know that as well. Plus it would be good PR for their reputation. My only real problem in past(mini) was platform "lock-ups" all to often. Made trading even more difficult and "eventually" unprofitable. I will trade this account side by side with my 1 other funded LIVE account (I use an EA and will use this software to manually trade FXCM account) I will post full experience every week(on separate Thread) between Friday close and Sunday open. At the end of ninety days I get to keep any funds above initial deposit($500.00 usd) This should be an interesting Thread to all novice and/or Micro Account holders and all unhappy-ex FXCM customers. I want to point out that this is being done to confirm a positive change in their trading environment(trade execution in general-Micro only) and IMO would prove beneficial to any trader contemplating a move to FXCM's Micro account environment. Time will tell.
FF = Forex Faggots
  • #490
  • Oct 2, 2009 11:03am Oct 2, 2009 11:03am
Quoting PipStar
Keep in mind though that you will be testing their micro account which gives different execution to their mini or standard FX trading station and metatrader accounts. You may get good execution on the micro account but be slipped to hell or get no execution in fast markets on the other mini and standard accounts. So, you may not be testing their real trading environment after all.
A fair point. The feedback will be in relation to micro accounts, but it is still the real micro trading environment nonetheless and a good way to judge against past experiences as far as connectivity. Maybe if 8fingers can trade this thing up to $2k, we can convert it to a stanard account to test as well. This could get interesting
  • #491
  • Oct 3, 2009 8:27am Oct 3, 2009 8:27am
Quoting Jason Rogers
Maybe if 8fingers can trade this thing up to $2k, we can convert it to a stanard account to test as well. This could get interesting
No disrespect for our friend 8fingers but anybody that trades with FXCM and can make money consistently with them, I'd take my hat off to.
May be with 8 fingers on one hand it's possible but with the majority of us who only have five it is very difficult
  • #492
  • Oct 3, 2009 10:25am Oct 3, 2009 10:25am
Quoting PipStar
No disrespect for our friend 8fingers but anybody that trades with FXCM and can make money consistently with them, I'd take my hat off to.
May be with 8 fingers on one hand it's possible but with the majority of us who only have five it is very difficult
LOL- I agree with u Pipstar. And for the record-its five on 1 and 3 on the other.
Is 8 enough? We will see. Account should go LIVE this Monday or Tuesday.
FF = Forex Faggots
  • #493
  • Oct 5, 2009 10:36pm Oct 5, 2009 10:36pm
rofl.. for the last week i have been searching like hell for a good broker. i was getting kind of pissed because i wanted a mt4 broker and most recommended brokers have their own platform. well, i changed my mind, now i guess i want a NON mt4 broker... so between GFT, dukascopy and deltastock which do you guys recommend? or perhaps some other, unfortunately i removed most non mt4 brokers from my bookmarks. thank you
  • #494
  • Oct 17, 2009 5:22pm Oct 17, 2009 5:22pm
Back to the topic of Virtual Plugins...how many people here REALLY KNOW what brokers have access to? They all have stuff, not just Metatrader brokers either I assure you.

This is purely meant to be educational...so I hope I don't get in trouble here.
However, I do believe I may stepping into some hot water by posting this stuff. Please forgive.

Traders, please. This is not something to be afraid of. You can still trade profitably! Many of us do it every day. It's still good to know what your up against I guess. Personally I don't really care about dealer plugins. Many are there to protect them too. It's the ones that try to steal your money I'm concerned about.

The video link below shows inside the MT4 Manager API, dealer features, how they can mess with stops, etc.

VIDEO
The market is like the matrix - it is you that must learn to bend
  • #495
  • Oct 19, 2009 5:06am Oct 19, 2009 5:06am
Quoting GridTrader
Back to the topic of Virtual Plugins...how many people here REALLY KNOW what brokers have access to? They all have stuff, not just Metatrader brokers either I assure you.
...
The video link below shows inside the MT4 Manager API, dealer features, how they can mess with stops, etc.

VIDEO
Nice video, thank you. In my mind such things should be in any broker's API, not only MT4.

Now the wonderful thing is - there are no ways in fact for the broker to kill your profit... unless you are a scalper/pip hunter. If you go with the trend and keep your position for at least several hours - what can they do? make a fake quote 1000 pips away from real? Come on, it will be uncovered in 3 minutes and known over the web.

But pip-hunting... I think it is like walking in bikini at 3 a.m. in a ghetto. You know there is a certain chance to meet your prince, of course, but more likely this walk will not end happily.

And I still don't get why this extremely-high-risk trading technique has become that popular. Because it brings profit? People, you will lose anyway, not today, then tomorrow or in a month. In some cases - yes, you will lose due to broker's fault, but mostly - by your own fault.

This is why I am laughing my... face off, when I see "this broker doesn't allow me to scalp my 5 bucks, he is a scam". I tell you - try to guess the trend, set a MM-regulated order in the trend direction, get 100+ pips profit, close the order... and see which way broker will prevent you from getting your money. No way, because there are no such ways

Sorry for this long explanation. But in case I open the order targeting to close it at the price which will appear say in 24 hours... do I care that they put a 3 seconds delay to my order opening. No, I don't give a... well, you know what.
  • #496
  • Oct 21, 2009 2:01am Oct 21, 2009 2:01am
Acrita, If I didn't know better I still get the strong feeling you're from Boston Technologies or a Company person who uses them.

I don't care after 24 hours(as mentioned in your closing arguement)if you've gained $1000 from 100+ pips @ $10 a lot or $10000 at $100 a lot. IF
a broker slips you three to seven pips for $30 - $70 or $300 - $700, of course you care. I don't understand why you don't(except if you're BT or a Company who uses them). Even after a 100 pip ride, why would you want to start or end with a "Boston" slip? 90% or more aren't making 100 pips. They're getting scamed on 10-15 pips if it even goes into a positive direction. There's not very much candor in your argument.

And when you say, "Do I care if they put a three second delay?" ".. and "I don't give a ..." Pretty strong words for not caring about loosing money. Even if you really were to make 100 pips, sounds like poor money mgmt.
Who's 'zooming' who?

-R
  • #497
  • Oct 21, 2009 4:13am Oct 21, 2009 4:13am
Quoting reese777
Acrita, If I didn't know better I still get the strong feeling you're from Boston Technologies or a Company person who uses them.

I don't care after 24 hours(as mentioned in your closing arguement)if you've gained $1000 from 100+ pips @ $10 a lot or $10000 at $100 a lot. IF
a broker slips you three to seven...
Well, I wish I was employed by Boston, but they don't have vacancies for me I just get a feeling according to the recent forum(s) posts, that all those *seconds* delay issues and discontent come from people who didn;t manage to get their 3-5 pips on the news and are very dissatisfied by the fact. Correct me if I am wrong.

You are right, each pips is important and having 3-7 pips slippage even after "100 pips ride" is definitely not the thing I might want to happen, but you know what? It doesn't usually happen.

"Zooming"?
  • #498
  • Oct 21, 2009 5:30am Oct 21, 2009 5:30am
Quoting Acrita
....... I just get a feeling according to the recent forum(s) posts, that all those *seconds* delay issues and discontent come from people who didn;t manage to get their 3-5 pips on the news and are very dissatisfied by the fact. Correct me if I am wrong.
It does not matter who gets affected by it whether it be scalpers, news traders or other styles. It is an illegal software being used by some brokers. That's what needs to be dealt with and I would not be surprised if the NFA takes a close look at this pesky virtual dealer plugin in the future.
  • #499
  • Oct 21, 2009 7:15am Oct 21, 2009 7:15am
Quoting PipStar
It does not matter who gets affected by it whether it be scalpers, news traders or other styles. It is an illegal software being used by some brokers. That's what needs to be dealt with and I would not be surprised if the NFA takes a close look at this pesky virtual dealer plugin in the future.
Can you explain what makes this software "illegal" and what "illegal software" actually in your opinion is?
  • #500
  • Oct 21, 2009 8:35am Oct 21, 2009 8:35am
Quoting Acrita
Can you explain what makes this software "illegal" and what "illegal software" actually in your opinion is?
Does somebady have virtual dealer?
email: fxpro8@gmx. com
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