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  • #721
  • Mar 21, 2016 10:48am Mar 21, 2016 10:48am
Quoting jmn5611
{quote} That's just one reason I do not take trades with MT4. I use it for charting only!
SMART! For that reason cTrader might be a good alternative.
  • #722
  • Mar 21, 2016 11:04am Mar 21, 2016 11:04am
Quoting MasterGuru
{quote} Correct about the demos, however, your live account will still become a victim of the "plug-in" parasite software as these software impact the executions on the live account (even if you copy the trades from a demo).
No it won't.
Price-Action Extremist
  • #723
  • Mar 21, 2016 11:05am Mar 21, 2016 11:05am
Quoting jen101
{quote} When people say that they are profitable in demo but not live, I think there is perhaps an over emphasis of the psychology element, probably peddled heavily by the brokers. I have always tried to say, maybe it's not you.... well, now the truth is out. No broker is going to manipulate a demo account; after all, they want you to be profitable, so you open a big fat live account with them, then they probably let you win a bit, get your confidence flowing, so you "invest" even more money, then.... guess what? This is what I do and I have found...

I still maintain that there is no foul play. When you trade real money in amounts that mean something to you, you will trade different than on demo. Most foul play allegations are selective perception mixed with deflecting blame.
Price-Action Extremist
  • #724
  • Mar 21, 2016 11:10am Mar 21, 2016 11:10am
Quoting MasterGuru
{quote} Correct about the demos, however, your live account will still become a victim of the "plug-in" parasite software as these software impact the executions on the live account (even if you copy the trades from a demo).
Yes. Funny how my live accounts never perform as well as the demo but at least I get the trade in. I use limit orders and when I was trading off live, many a time, price would go straight through it, reverse and not hit, or miss it by less than a pip. Another strange thing that kept happening - about half of my losses were taken out by tips of spikes. Now I don't get that anymore.
  • #725
  • Mar 21, 2016 1:35pm Mar 21, 2016 1:35pm
Quoting jen101
{quote} Yes. Funny how my live accounts never perform as well as the demo but at least I get the trade in. I use limit orders and when I was trading off live, many a time, price would go straight through it, reverse and not hit, or miss it by less than a pip. Another strange thing that kept happening - about half of my losses were taken out by tips of spikes. Now I don't get that anymore.
That's really interesting. I have had similar experiences. Especially in ranging, choppy market conditions. They can't do anything to you of course in strongly trending conditions - perhaps the only time to trade I think. Sentiment is so strong and the flow so fast one must win. Problem is, those times are rare!
  • #726
  • Mar 21, 2016 2:07pm Mar 21, 2016 2:07pm
Quoting bagman
{quote} I still maintain that there is no foul play. When you trade real money in amounts that mean something to you, you will trade different than on demo. Most foul play allegations are selective perception mixed with deflecting blame.
Hey Mr Bagman are you a successful trader?If so please share your method with all of us losers.Thanks in advance
  • #727
  • Mar 21, 2016 2:14pm Mar 21, 2016 2:14pm
Quoting bagman
{quote} I still maintain that there is no foul play. When you trade real money in amounts that mean something to you, you will trade different than on demo. Most foul play allegations are selective perception mixed with deflecting blame.
Who said there is no foul play...

http://www.abundancetradinggroup.com...forex-trading/
  • #728
  • Mar 21, 2016 2:17pm Mar 21, 2016 2:17pm
Forex is so hard and with broker manipulation it make more difficult
once you winning.you will get all the trouble.trusted me.

And TS I am suggesting you please stay away from forex factory pro trader who just showed demo account with 100% profit in trade explorer.
Just follow and learn from newbie forex factory trader who have real account live and showing some nice profit in trade explorer.

goodluck TS .
  • #729
  • Mar 21, 2016 3:10pm Mar 21, 2016 3:10pm
Quoting jmtini
{quote} That's really interesting. I have had similar experiences. Especially in ranging, choppy market conditions. They can't do anything to you of course in strongly trending conditions - perhaps the only time to trade I think. Sentiment is so strong and the flow so fast one must win. Problem is, those times are rare!
I love choppy conditions; my favourite pair is GN. I don't copy over my SL or TP and ironically that gives me peace of mind. Of course there is a risk with my internet connection blowing for a long enough period, but I weighed it up and concluded that the risk of being screwed by a broker was higher.
  • #730
  • Mar 21, 2016 3:32pm Mar 21, 2016 3:32pm
Quoting bagman
{quote} No it won't.
@bagman

Maybe you can avoid a few "plug-in" traps, but the slippage part you cannot avoid by copying from a demo account.
  • #731
  • Mar 21, 2016 3:34pm Mar 21, 2016 3:34pm
don't play forex as a games, play like is your real investment....
  • #732
  • Mar 21, 2016 3:54pm Mar 21, 2016 3:54pm
ive have been trading 8 years or so live and always maintained fair play as far as my broker was concerned.dont get me wrong the overall market certainly does not favour retail and as a rule of thumb we add to the liquidity and for the best part are positions and stops stick out like a pheasant tripping on lsd and blind.

having said that back to the broker issue.as ive stated for every position stopped to the very pip ive had an equal number which my position stayed live and came within a pip of taking me out.but recently i had a larger position short of ft100 ,i have 3 accounts with my broker and that particular method of trading is done using the margin as my emergency stop.well the price spiked down in my favour ,and immediatly my account was reduced by the 26 pip spike x my posion size ,then price reverted back to its original price and they margined called me,price then dropped 100 pips in my fvour over the next period.only i was margined out and could not tranfer quickly enough to replace what they had taken.i was looking at this in bewilderment.i called them and the reply was so complex that hawkins would have struggled to make sense of it.

the particular system had been producing very favourable results ,so i have been left with some dought as to the integrity of them,somthing i have not thought in my previous years with them.i have had to change the way i trade that method as a result and use a diferent broker .
  • #733
  • Mar 21, 2016 4:03pm Mar 21, 2016 4:03pm
Quoting tontenk
don't play forex as a games, play like is your real investment....
I don't know if that's entirely a good idea. The mental / emotional side of forex trading is probably 95% of our problem.
  • #734
  • Mar 21, 2016 4:35pm Mar 21, 2016 4:35pm
well since this debate has switched into a Broker discussion, l'd like to add my grain of salt and tell you about my personal experience.

when i opened my account, few years ago everything was fine, the execution was excellent and so was the spread.
my strategy was really dependent on it, as a scalper/spike trader every millisecond count.

my first week of trading was a grate success, i made 100% ROI, every trade went as it should.
the second week....things begun to go south, i experienced slippage on most on my trades i lost a big part of my profit
the third week, i decided to reduce my lot size to the minimum not to blow up my account. and as expected, i had hideous slippage on all my trades.

i decided to stop my trading strategy right there, even tho it was successful and still is on demo. but somehow it doesn't work anymore on my real acc.
i lose money for a living
  • #735
  • Mar 21, 2016 6:01pm Mar 21, 2016 6:01pm
Quoting edge540
{quote} Hey Mr Bagman are you a successful trader?If so please share your method with all of us losers.Thanks in advance
You need to find your own grail.
Price-Action Extremist
  • #736
  • Mar 21, 2016 6:09pm Mar 21, 2016 6:09pm
Quoting MasterGuru
{quote} @bagman Maybe you can avoid a few "plug-in" traps, but the slippage part you cannot avoid by copying from a demo account.
I don't see how slippage is a problem
Price-Action Extremist
  • #737
  • Mar 21, 2016 6:27pm Mar 21, 2016 6:27pm
open an account with global prime, end of.

Quoting tylerbose
well since this debate has switched into a Broker discussion, l'd like to add my grain of salt and tell you about my personal experience. when i opened my account, few years ago everything was fine, the execution was excellent and so was the spread. my strategy was really dependent on it, as a scalper/spike trader every millisecond count. my first week of trading was a grate success, i made 100% ROI, every trade went as it should. the second week....things begun to go south, i experienced slippage on most on my trades i lost a big part of my profit...
  • #738
  • Mar 21, 2016 6:32pm Mar 21, 2016 6:32pm
Quoting bagman
{quote} You need to find your own grail.
How does one find the "grail" master Bagman?
  • #739
  • Mar 21, 2016 7:21pm Mar 21, 2016 7:21pm
Quoting blamshakk
open an account with global prime, end of. {quote}
is this some sort of humor ?
i lose money for a living
  • #740
  • Edited Mar 22, 2016 12:20am Mar 21, 2016 10:13pm | Edited Mar 22, 2016 12:20am
Quoting diceman555
the particular system had been producing very favourable results ,so i have been left with some dought as to the integrity of them,somthing i have not thought in my previous years with them.i have had to change the way i trade that method as a result and use a diferent broker .
diceman,

What was the name of the broker you were using that was causing you so much trouble?
"Success is not a fantasy, it's a formula." - MTI
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