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Giving Your Edge Away

  • #81
  • Mar 11, 2013 1:47pm Mar 11, 2013 1:47pm
Quoting CindyXXXX
Only one question to ponder Roo... Why?


http://www.youtube.com/watch?v=kIDWgqDBNXA
good song
  • #82
  • Mar 11, 2013 1:49pm Mar 11, 2013 1:49pm
Quoting CindyXXXX
Jut more bS from you cumstain

What are your thoughts on the market would be nicer yea...

Prob too rich to indulge us that's OK we understand... One day I hope to be like you I promise
building yen longs -> i expect correction soon. however, monday was not behaving as expected, so reevaluing right now.

me not rich.
  • #83
  • Mar 11, 2013 1:52pm Mar 11, 2013 1:52pm
Quoting seaman2
browsed thru your posts to see what fellow australian is up to. how do you find peperstone? Not nervous keeping this kind of money there ?

I am also car trader.
ive had no problems with pepperstone. they have are great and they give me my own platinum account manager . but like I said, I do spread out my funds between brokers.
  • #84
  • Mar 11, 2013 2:03pm Mar 11, 2013 2:03pm
Quoting genie
ive had no problems with pepperstone. they have are great and they give me my own platinum account manager . but like I said, I do spread out my funds between brokers.

ok thanks. I think having 2 or more MT4 brokers is not diversifying as they all rely on same pool of liquidity. Pockets of vacuum can create large gaps if one use stops as seen this last week on several fx pairs.
  • #85
  • Mar 11, 2013 2:15pm Mar 11, 2013 2:15pm
Quoting seaman2
ok thanks. I think having 2 or more MT4 brokers is not diversifying as they all rely on same pool of liquidity. Pockets of vacuum can create large gaps if one use stops as seen this last week on several fx pairs.

Yeah nothing is certain, but not having everything with one broker gives me a peace of mind. Even though these brokers are highly regulated, there is always a risk you have to carry by leaving money with them in order to trade. Obviously I don't have my whole life's savings with brokers but still a substantial amount which is ever increasing over the long term to take advantage of compounding.
  • #86
  • Last Post: Jun 1, 2018 7:48pm Jun 1, 2018 7:48pm
I hate to rain on the parade here, but the hard, bitter truth is this : if you're a retail trader going through a market-maker, you have no edge. Thus there is no edge to give away. You are one of the sheep, waiting to be sheared by the big boys. Sorry, but it is the truth. The best thing you could do is close your account while you still have some money left in it. If you must play the game for recreation, use Oanda's demo.
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