One of you braniacs must know about this. Somewhere...

MT5 and Excel

How about Interactive Brokers? Deposit in any currency, and use Ideal for conversions less than $20k, Idealpro for $20k+. Both way cheaper than any bank spreads, and most online exchanges too. And of course you can trade with them too...

Bank Conversion Fee - Is There A Way To Avoid Being Ripped Off

to both of the above. London starts, on average US reverses then either breaks again or full reversal. Asian ranges using existing price range formed between Lon & US. It's also an explanation as to why a lot of hedgers have success; not ...

Session Seasonality

Ask them if there's been a change of policy, because every single broker registered in the UK is clearly covered up to £50k by FSCS. Tell them this is very serious, and you want to escalate it, or ask them for a quote for the press. Sure they'll do ...

Is FSCS Deposit protection worthless for Forex Brokers?

what exactly did you ask them? Deposit protection relates to event risk so you can't owe more than your deposit and is part of the new EMSA rules FCA have adopted. Going bust is insolvency risk, protected under FCA authorised businesses to 50k Pro ...

Is FSCS Deposit protection worthless for Forex Brokers?

Good for you mate, good for you, and may your trading soar and your investment be worthwhile. I've been full time for several years mate so whatever floats your boat. When I saw the guy, he was a total BS artist. If I can tear holes in a pitch, I ...

Retail Brokers and "Trading Educators"

It was one of those expos, so his crew were just one of a load of people talking throughout the day. He had the main stage, and it was huge- maybe a thousand? To anyone thinking well it serves 'em right, do your research etc etc - well, the guy next ...

Retail Brokers and "Trading Educators"

I saw him laughing with his lackeys at retail mugs at a conference years ago, and then sat through the biggest pile of BS as he hooked in the desperate to flog his courses. Early doors most of us can fall for this kind of thing. Now I can run rings ...

Retail Brokers and "Trading Educators"

Nothing really useful in trading is for sale. Ever. It's been that way since time immemorial, it isn't going to change. So you've got to decide if you're going to do the hard yards to discover what's useful or opt for the suckers path to pay your ...

Retail Brokers and "Trading Educators"

I saw him years ago doing a nasty, misleading sales pitch for the dodgiest outfit I have ever seen. Which is ironic.

99.99999% lose money

I think that ship has sailed mate but I agree with your sentiments

The only thread you will ever need: FX Exposed!

Darkstar ... remember him well. From what I can see though his huge amounts of work to decipher order flow et al never really paid off. He ended up going commercial and even that gradually fizzled out; all this in spite of his obvious intellect, ...

The only thread you will ever need: FX Exposed!

Guys, Some of you already know this, but look. My brain is massive. Absolutely huge. Just warning you. I'm literally so clever that sentence you were going to write after me? I already wrote it and DELETED it because it was WORTHLESS. There are some ...

The only thread you will ever need: FX Exposed!

Sounds entirely sensible but be careful about copying trades. Quick rule of thumb - if they use a low-rent broker (eg Alpari.ru) then forget it. No real trader worth their salt would run their account through a metatrader-style bucket shop so it's ...

(binned per thread starter’s request) Whats really needed to make

Fair enough Calculus, you've clearly thought this through. My definition though is any out of the ordinary event unforeseen by the majority, and the time and scale of this places it in that category. It sounds like splitting hairs but every effect ...

Black swan events / CHF Peg

You made my night gumbo, truly. Enjoy

Black swan events / CHF Peg

Can't argue with your astute logic there son

Black swan events / CHF Peg

Kidding right? It was the swanniest of black swans the world has ever seen. It was the *biggest* single move in FX history. Ever. Dozens of companies went bankrupt, a few hundred investment companies, thousands of traders and not to mention a total ...

Black swan events / CHF Peg

Apples vs pears mate. A black swan is generally accepted to mean exactly at Steve says- a big unforeseen event that catches people by surprise, and the aim of this thread was looking at that from a market risk perspective. Of course the SNB knew a ...

Black swan events / CHF Peg