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Pepperstone Forex

  • #1,621
  • Jan 10, 2013 8:19am Jan 10, 2013 8:19am
Quoting ramy3
Wow. Thats it? jeezz... They making any money?
No, they are a benevolent brokerage.

Given some of the postings recently I expect to be receiving an email asking for a donation to provide blankets for some.
  • #1,622
  • Jan 10, 2013 8:22am Jan 10, 2013 8:22am
Quoting Alpha-Bet
No, they are a benevolent brokerage.

Given some of the postings recently I expect to be receiving an email asking for a donation to provide blankets for some.
What? Your giving out blankets?
Fuck Forex Factory.Wake up people.
  • #1,623
  • Jan 10, 2013 8:44am Jan 10, 2013 8:44am
God i love trading. Enjoy!
Inserted Video
Fuck Forex Factory.Wake up people.
  • #1,624
  • Jan 10, 2013 2:50pm Jan 10, 2013 2:50pm
About slippage. Here are 82 trades that were either closed on TP or SL (full loss or BE). 29 of them were slipped, 53 were not. Everything above 1 pip (good or bad) was due to weekend gaps. This is EDGE standard live account. Not a large sample I know.
Attached Image (click to enlarge)
Click to Enlarge Name: SLTP slippage eu11.PNG Size: 19 KB
  • #1,625
  • Jan 10, 2013 5:08pm Jan 10, 2013 5:08pm
Quoting Primi
About slippage. Here are 82 trades that were either closed on TP or SL (full loss or BE). 29 of them were slipped, 53 were not. Everything above 1 pip (good or bad) was due to weekend gaps. This is EDGE standard live account. Not a large sample I know.
Hey Primi, what's this tool/EA? Looks nice.
Fuck Forex Factory.Wake up people.
  • #1,626
  • Jan 10, 2013 5:25pm Jan 10, 2013 5:25pm
Quoting Ciara
Resolution: Compensation under way. Things becoming more clear and communication improved significantly. Slippage problem however remains open.
Glad that worked out for you.

Some brokers just don't care, and try to use any excuse to deny people.. others need their arm twisted.. but it's nice we have one that listens and works with us.

It makes simple communication options commonly found with all brokers, like a support email address, chat, or contact page, actually useful and pleasant things to deal with. Amazing how well some back and forth dialogue actually gets results... so long as everyone is reasonable.

I could rant about my negative experiences at other brokers where getting any response would take a week and they'd find any excuse in the world to deny taking responsibility for a problem. What they save in dollars is lost many times over in customer retention.. (There's a few brokers that burned their bridges with me in the past over small things that were clearly their fault. One even typo'd something on their fee schedule that made it imply a different rate, the difference was just a few bucks but they refused to do anything about it besides fix the typo... I figured, if that's how they are going to act over a few bucks when they were at fault, then I wasn't going to stick around to see what happens on a large trading issue.)

Anyhoo.. all that being said, I just hope it stays like this and Pepper doesn't get burned by being taken advantage of causing them to change their ways.

As they say, the pen is mightier than the sword:
https://pepperstone.com/clients/contact-us.php

(Seriously speaking, they must be sick of me since I completely abuse their chat support and email them all the time even if it's just comments or concerns.. lol)
FXGears.com
  • #1,627
  • Edited 6:20pm Jan 10, 2013 5:28pm | Edited 6:20pm
Quoting Jack_Larkin
Glad that worked out for you.

Some brokers just don't care, and try to use any excuse to deny people.. others need their arm twisted.. but it's nice we have one that listens and works with us.

It makes simple communication options commonly found with all brokers, like a support email address, chat, or contact page, actually useful and pleasant things to deal with. Amazing how well some back and forth dialogue actually gets results... so long as everyone is reasonable.

I could rant about my negative experiences at other brokers where getting...
Nicely said, +1. Had a Similar experience back then. They made good, and they got a cheerleader in return, and I added ++ funds = bigger trade volume.
Fuck Forex Factory.Wake up people.
  • #1,628
  • Jan 10, 2013 6:05pm Jan 10, 2013 6:05pm
Quoting Primi
About slippage. Here are 82 trades that were either closed on TP or SL (full loss or BE). 29 of them were slipped, 53 were not. Everything above 1 pip (good or bad) was due to weekend gaps. This is EDGE standard live account. Not a large sample I know.
The pair you're trading would impact this quite a bit (different pairs == different liquidity, tick rates, etc..) Are these trades all on the same pair or varied?

Another thing that could impact slippage is strategy, since some strategies would be trading only during times when getting a decent fill might be hard (such as pre/post news, market open or 5-6pm EST sessions, around price levels that induce sharp movements etc..)..

Good that you're keeping track of it.. I'm just pointing out some things that add context to the numbers.

A good example would be tick scalping EAs, since they pretty much all fight for the same limited liquidity at the same moment (usually trying to fade sharp spikes in the market through stop limit ordes) and slippage noticed would be insanely high compared to orders executed at other times. Obviously you're not doing this since you're sample size is so small, but it's just an example.
FXGears.com
  • #1,629
  • Jan 11, 2013 1:18pm Jan 11, 2013 1:18pm
Quoting Jack_Larkin
The pair you're trading would impact this quite a bit (different pairs == different liquidity, tick rates, etc..) Are these trades all on the same pair or varied?

Another thing that could impact slippage is strategy, since some strategies would be trading only during times when getting a decent fill might be hard (such as pre/post news, market open or 5-6pm EST sessions, around price levels that induce sharp movements etc..)..

Good that you're keeping track of it.. I'm just pointing out some things that add context to the numbers.

A good example...
This is only one strategy, eurusd, trading once a day on average and not during news events.
  • #1,630
  • Jan 11, 2013 1:23pm Jan 11, 2013 1:23pm
Quoting ramy3
Hey Primi, what's this tool/EA? Looks nice.
Will have to disappoint you and those that have sent me PMs. All you need is some manual labour . Export data from myfxbook, use your favorite spreadsheet program and create a pretty chart. Voila!

This only works with hard TP and SL of course.
  • #1,631
  • Jan 12, 2013 2:09am Jan 12, 2013 2:09am
Quoting ramy3
Wow. Thats it? jeezz... They making any money?
You in, it 3.5$
You out, 3.5$ again.
So they count 7$/1 round
  • #1,632
  • Edited 9:28am Jan 12, 2013 4:14am | Edited 9:28am
Quoting Primi
Will have to disappoint you and those that have sent me PMs. All you need is some manual labour . Export data from myfxbook, use your favorite spreadsheet program and create a pretty chart. Voila!

This only works with hard TP and SL of course.
So your saying i have to make an effort and work for it, no hand me outs. Jeez... lol.
Fuck Forex Factory.Wake up people.
  • #1,633
  • Jan 12, 2013 4:27am Jan 12, 2013 4:27am
Is it Monday yet? Really starting to hate weekends, lol.
Fuck Forex Factory.Wake up people.
  • #1,634
  • Jan 12, 2013 2:57pm Jan 12, 2013 2:57pm
Any news on when the weekend will end! jeez!
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Fuck Forex Factory.Wake up people.
  • #1,635
  • Edited Jan 13, 2013 5:07am Jan 12, 2013 7:47pm | Edited Jan 13, 2013 5:07am
Quoting ramy3
Any news on when the weekend will end! jeez!
Reports suggest there's a strong chance the weekend might end come Monday. Experts are in a disagreement about this though, and the academic community is split with opposing views on just when we'll see an end to the weekend.

Only time will tell. :S
FXGears.com
  • #1,636
  • Jan 13, 2013 12:15am Jan 13, 2013 12:15am
Quoting Jack_Larkin
Reports suggest there's a strong change the weekend might end come Monday. Experts are in a disagreement about this though, and the academic community is split with opposing views on just when we'll see an end to the weekend.

Only time will tell. :S
Lol, thks. Not encouraging at all. I vote we abolish weekends! They're useless.
Fuck Forex Factory.Wake up people.
  • #1,637
  • Jan 13, 2013 3:38am Jan 13, 2013 3:38am
Quoting Jack_Larkin
Reports suggest there's a strong change the weekend might end come Monday. Experts are in a disagreement about this though, and the academic community is split with opposing views on just when we'll see an end to the weekend.

Only time will tell. :S

Put six economists in a room and you will receive seven different forecasts
  • #1,638
  • Jan 13, 2013 3:40am Jan 13, 2013 3:40am
Quoting ramy3
Lol, thks. Not encouraging at all. I vote we abolish weekends! They're useless.
Gives me the opportunity to spend my ill gotten gains
  • #1,639
  • Edited 5:06am Jan 13, 2013 4:34am | Edited 5:06am
Quoting Alpha-Bet
Gives me the opportunity to spend my ill gotten gains
Ah yes, But imagine a world where you decide which days will be your weekend. Think about that. ;p

Ah Ha.
Fuck Forex Factory.Wake up people.
  • #1,640
  • Jan 13, 2013 6:23am Jan 13, 2013 6:23am
Quoting ramy3
Ah yes, But imagine a world where you decide which days will be your weekend. Think about that. ;p

Ah Ha.
I do decide ........

EDIT: 30 minutes until Monday for me.
Gimme some decent noise to kick the week off...............
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