Well, when trading forex, what matters to me most would be security of funds (and actually being able to get my money out if I do decide to close my account) and getting a platform that won't use averaged down positions like that piece of **** ...

DBFX - anyone trade with them?

Why the hell does this forum truncate quoted text?? I've had to edit the previous twice and still got an ellipsis? Like I was saying, if they don't have a dealing desk, that would actually make them pretty good (in fact, better than most). Are there ...

DBFX - anyone trade with them?

Your replies got me curious. So I checked FXCM's website. Judging from what I know, having no dealing desk would be a good thing? Why are people so negative when it comes to FXCM? Not defending them or anything, I really want to know, that's all. ...

DBFX - anyone trade with them?

Oh for pity's sake. That's a blatant lie to try to polish the turd. First of all, if if somebody is such an idiot that they don't know they're paying swap for both positions, which is not always true (and it's just a matter of how dishonest your ...

NEW MT5 Seriously Stuffed For Traders Platform

Simple. Let's take the same example. 3 longs on EUR USD 1) 0,1 lot at 1.4400 2) 0.1 lot at 1.4350 3) 0.1 lot at 1.4400 In MT4 you get three distinct 0.1 positions and you can choose to close position 1), 2) or 3). In MT5 you get ONE 0.3 lot as if ...

NEW MT5 Seriously Stuffed For Traders Platform

I did. Did you? Unless they reverted the way they handle position in later builds, position handling is not the same anymore. It couldn't be the same anyway, now that you're forced to use FIFO.

NEW MT5 Seriously Stuffed For Traders Platform

I usually trade only 0.1 lots so yes that would give 0.3 lots. But the point still stands. The new FIFO regulation combined with merging positions is designed to cause traders to lose money.

NEW MT5 Seriously Stuffed For Traders Platform

No, IT CAN'T. Right now in MT4 if I buy one EURUSD lot at 1.4300, one lot at 1.4350 and one at 1.4400 I have three distinct positions open and I can choose which one to keep and which one to close. In MT5 I would have one lot of 0.3 at an average ...

NEW MT5 Seriously Stuffed For Traders Platform

I pray to God they don't. I want hedging and I don't want averaged down positions. If I wanted that kind of garbage, I'd be trading the stock market.

NEW MT5 Seriously Stuffed For Traders Platform

Amen brother. Especially with stop hunting. And especially in the case of people using stop losses with 10k lots on a USD 1000 account.

The reason why 95% of new traders consistantly lose money