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  • #1,026,221
  • Sep 16, 2015 6:17am Sep 16, 2015 6:17am
Quoting Vorex
Who in their right mind will deposit $500K or $800k with a broker? What if the broker declares bankruptcy?
Lol, you'll be surprised. And that is why a reliable broker is important, not petty bonuses or spreads/commissions to promote with.
Luck shines on the positive.
  • #1,026,222
  • Sep 16, 2015 6:27am Sep 16, 2015 6:27am
Quoting xkwisit2001
{quote} I would say that once you get to 500k + you will not be in a position to brag because you have other things to think about or do. Making good profit on a small account for someone would be very exciting I guess.
its not about size so much, i am personally happy to see some build a small amount into millions+. i will make an exception to the idiots trying equate risking 20$ on a 100 dollar account. as the same as a guy with a 500k risking the equal percentage or 100k as the same thing. these idiots come and go. in the attempt to lure followers.
those who can, do. those who cant, talk about those who can
  • #1,026,223
  • Sep 16, 2015 6:29am Sep 16, 2015 6:29am
Quoting Vorex
Who in their right mind will deposit $500K or $800k with a broker? What if the broker declares bankruptcy?
get a insured one, you can have multiple accounts. each one insured to avoid a limit.
those who can, do. those who cant, talk about those who can
  • #1,026,224
  • Sep 16, 2015 6:37am Sep 16, 2015 6:37am
Quoting Vorex
Who in their right mind will deposit $500K or $800k with a broker? What if the broker declares bankruptcy?
Yes, there are exceptional "fake" brokers who even regulated, solely focus on robbing their customers and then just disappear. But the majority of "well known" brokers are just like banks. Stick to those. You can claim your money back since you will be insured whether your broker is foreign or non-foreign, doesn't matter.

Happy Trades
Focus only on what truly matters!
  • #1,026,225
  • Sep 16, 2015 6:44am Sep 16, 2015 6:44am
Quoting Ata-Turkoglu
{quote} Yes, there are exceptional "fake" brokers who even regulated, solely focus on robbing their customers and then just disappear. But the majority of "well known" brokers are just like banks. Stick to those. You can claim your money back since you will be insured whether your broker is foreign or non-foreign, doesn't matter. Happy Trades
Which are best brokers?
  • #1,026,226
  • Sep 16, 2015 6:45am Sep 16, 2015 6:45am
Not usa brokers

if bankrupt like fxcm came clients can get in line and would be lucky to get back .25 of their funds

think this came close recently with fxcm usA
All trends begin with the smallest time frame
  • #1,026,227
  • Sep 16, 2015 6:58am Sep 16, 2015 6:58am
Quoting gatorinla
{quote} its not about size so much, i am personally happy to see some build a small amount into millions+. i will make an exception to the idiots trying equate risking 20$ on a 100 dollar account. as the same as a guy with a 500k risking the equal percentage or 100k as the same thing. these idiots come and go. in the attempt to lure followers.
I've seen them all to well. I have been doing good on my demo account but I am currently testing out a strategy to see if it works around my working lifestyle at the moment. There are so many people who believe they will make 100k next week from a 1k account and it just does my head in. I keep forgetting to ignore certain people on here because I cant take some seriously and can really disrupt or throw others off their game.

Maybe FF should have a private invite only forum for EUR/USD Etc... so that only the quality members are in there... or in fact... a newbie EUR/USD forum
You can lead a horse to water, but you can't make it drink
  • #1,026,228
  • Sep 16, 2015 7:01am Sep 16, 2015 7:01am
Quoting Ken A
GBP is stealing the show ......
could turn into a nice quick short opp with FOMC
  • #1,026,229
  • Sep 16, 2015 7:03am Sep 16, 2015 7:03am
Quoting Vorex
Who in their right mind will deposit $500K or $800k with a broker? What if the broker declares bankruptcy?
don't use bucket shop retail brokers....
and the risk is still relative because unless you are over exposing yourself (like many do) trading capital should only be a percentage of what assets you have
  • #1,026,230
  • Sep 16, 2015 7:06am Sep 16, 2015 7:06am
Quoting MaxDoom
{quote} could turn into a nice quick short opp with FOMC
My plan is to close those going against USD - the move will be swift and fast to do anything else other than to get out

Btw, looks like EU about to bounce
  • #1,026,231
  • Sep 16, 2015 7:14am Sep 16, 2015 7:14am
Quoting Ken A
{quote} My plan is to close those going against USD - the move will be swift and fast to do anything else other than to get out Btw, looks like EU about to bounce
i was hoping 1209 ish was the place to scalp one.
those who can, do. those who cant, talk about those who can
  • #1,026,232
  • Sep 16, 2015 7:16am Sep 16, 2015 7:16am
Quoting qiktrader954
Not usa brokers if bankrupt like fxcm came clients can get in line and would be lucky to get back .25 of their funds think this came close recently with fxcm usA
u.s. cash accounts insured the first 250K each account.
those who can, do. those who cant, talk about those who can
  • #1,026,233
  • Sep 16, 2015 7:22am Sep 16, 2015 7:22am
per the link you posted that protects stock and bond brokers and as the link says that is limited. No protection for forex brokers or commodity brokers
All trends begin with the smallest time frame
  • #1,026,234
  • Sep 16, 2015 7:23am Sep 16, 2015 7:23am
Except as specifically provided above, the term “security” does not include any

  1. currency, or
  2. any commodity or related contract or futures contract, or
  3. any warrant or right to subscribe to or purchase or sell any of the foregoing.

All trends begin with the smallest time frame
  • #1,026,235
  • Sep 16, 2015 7:26am Sep 16, 2015 7:26am
nice bounce just before the news, this could go any in way
  • #1,026,236
  • Sep 16, 2015 7:29am Sep 16, 2015 7:29am
yes when citibank offered fx to usa clients then you were protected up to 250k but as of june 2015
CITIFX PROSM SERVICE IS NOW CLOSED
CitiFX ProSM is closed as of Friday, June 26, 2015.
If your account has been transferred to FXCM, please contact FXCM at +1 (646) 253 1712or +1 (844) 624 4992. If your account has been transferred to Saxo Bank, please contact Saxo Bank at +65 6303 7788.
If your account was not transferred to either of the above and has a balance remaining on it, please submit a withdrawal request form found here to the emails below.
BANK ON TOPIC
All trends begin with the smallest time frame
  • #1,026,237
  • Sep 16, 2015 7:30am Sep 16, 2015 7:30am
hi , good trading days for all...
  • #1,026,238
  • Sep 16, 2015 7:32am Sep 16, 2015 7:32am
Deflation in US. That is good for consumers, but not for economy
Stop going for the easy buck
  • #1,026,239
  • Sep 16, 2015 7:32am Sep 16, 2015 7:32am
Quoting Ken A
{quote} My plan is to close those going against USD - the move will be swift and fast to do anything else other than to get out Btw, looks like EU about to bounce
how you did know this ?
same parrot ?
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  • #1,026,240
  • Sep 16, 2015 7:34am Sep 16, 2015 7:34am
Quoting Ken A
{quote} My plan is to close those going against USD - the move will be swift and fast to do anything else other than to get out Btw, looks like EU about to bounce
1265/69 looks attractive, but volume is very light
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