I spoke to a guy at interbank groupe. They don't run a dealing desk and he says it doesn't affect them if we win or lose. I asked him if they would mind if I get an account and take 500-1k$ per day off of a 5-10 pip movement. He said if it works and your making money then do it.
I can plan my position trades and just take 10 pips off the move. And on a standard account 10 lots 400:1 lev. thats 1k. But not for the weak at heart. Thats half the account margined.
When its small money like on my mini account a 10 pip win wasn't ever enough. Not greedy but do want more than 10-20 bucks for my effort. So I have always planned 50-100 pip moves and take 20-50 of it.
If 10 pips gave me 500-1k thats all I'd ever need. The guy said scalping isn't a problem.
And you can set up to 5 stops and 5 limmits per trade. to trail positions in and out of the trade. And hedging doesn't cost you extra margin. There price takes off on a breakout 10-15 sec befor cms. Simple ez to understand platform. Charting is minimal at best.
I think I like them we'll see.
They allow trailing s/l CMS don't
Dave
I can plan my position trades and just take 10 pips off the move. And on a standard account 10 lots 400:1 lev. thats 1k. But not for the weak at heart. Thats half the account margined.
When its small money like on my mini account a 10 pip win wasn't ever enough. Not greedy but do want more than 10-20 bucks for my effort. So I have always planned 50-100 pip moves and take 20-50 of it.
If 10 pips gave me 500-1k thats all I'd ever need. The guy said scalping isn't a problem.
And you can set up to 5 stops and 5 limmits per trade. to trail positions in and out of the trade. And hedging doesn't cost you extra margin. There price takes off on a breakout 10-15 sec befor cms. Simple ez to understand platform. Charting is minimal at best.
I think I like them we'll see.
They allow trailing s/l CMS don't
Dave
my retrace
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