Hey BK, If you go to the advanced search, and type in interbankfx, then click the button to show posts, not threads, you'll get about 200 hits. IBFX has been discussed in great detail on the forum. Like almost every broker, reviews have been mixed. ...

I need your input on a Broker

No.

Broker??

They aren't going out of business. They setup a subsidiary - SpotFX - to handle all their clearing. They're transferring all existing customer accounts over to SpotFX. What they do with CoesFX is still unknown - it might be that they want to have 1 ...

Broker??

I know someone already said this in this thread, but you really need to remember a couple of things. 1. Certain courses MIGHT help with your ability to trade, but, really, mastering the psychological aspect of trading is more important than any ...

College Major for an FX Trader?

I think we need a bit more information than what you've provided. Is it a demo or live feed? Which broker?

Platform Problems

I wasn't aware that the CFTC distinguished between an FCM and an ECN. I also thought that any entity holding a client's funds needed to be registered as an FCM. In any case, why couldn't an entity be an ECN and also registered as an FCM? Does one ...

No-dealing desk broker with 100:1 leverage

The timezone is set by the server you connect to, not your client application. You can even have different brokers using MT4 who set their timezones do different settings.

mt4 timezone

Yeah, I think FXCM is one of those that throws a TON of money at attracting new clients then provides them with crappy fills, execution, etc. At least, it seems that way from what I hear about them from live traders.

Unreliable demo server

No offense, but, it sounds like you really need to figure out what you want to do first and then decide how to do it. You seem to be going the opposite route, trying to figure out what you can do based on the options you have in front of you.

College Major for an FX Trader?

I understand. I think we'll probably agree to disagree on this. I do believe, though, you're going to be sadly disappointed at any other demo you try. I've tried LOTS of demos and they all suffer from the same connection and uptime problems.

Unreliable demo server

MrFuture, Thanks for the info. There's been a lot of talk on the forum about broker demos. One of the suggestions by many experienced traders was to completely ignore the performance of demo accounts because they do a poor job of reflecting how the ...

Unreliable demo server

I think this person is looking for a non-dealing desk broker, though.

No-dealing desk broker with 100:1 leverage

Well, I'm the one who suggested it, so, I'm also using it. They set it up within 48 hours, as they said. I sent a support request on Saturday (labor day weekend) and got a response back from someone soon after. I connect in using Windows Remote ...

Firebird EA - fixed version -

Right, but don't you think that somewhere along the way, there's someone that is aggregating these at a dealing desk? Otherwise, the interbank market for minis just isn't big enough to provide the liquidity for ALL the people using minis on their ...

No-dealing desk broker with 100:1 leverage

Well, they have to share RAM among clients. But, it's not like it's my work computer, so, I don't have a whole lot of apps running. I have 4 instances of MT4 up and running and it's using just over half the RAM with all the other processes going. If ...

Firebird EA - fixed version -

I spend probably more time than I should or need to. For actual trading, I just need to know when my signal is triggered. Then, I place either a buy or sell stop order, enable my expert advisor which manages my trades and walk away. Rather, i could ...

time commitment

Which, if you modify the SL, thereby changes the win/loss ratio. As I said, I can't see how you get different equity results using fixed percentage unless you modify one of the other variables in the scenario. But, alas, my head is spinning.

Money Management vs. % of Success in Trading Systems

Whooah, Nelly. This isn't a fight. OK, let's get back to the orginal scenario, which was looking at a set of trades with 4:1 win loss ratio with x% success rate and randomly distributed wins and losses. That's how this whole thing got started. The ...

Money Management vs. % of Success in Trading Systems

Well, now, that's really interesting. I also ran a test using fixed fraction and didn't come up with the same equity curve as you. So, maybe you could shed some more light on your calculations. The example from the book, though, was NOT a fixed ...

Money Management vs. % of Success in Trading Systems

I guess what I'm saying is that we're all agreeing, but, I think Phil and Pawn were talking around each other. Both had valid points and the difference was in the risk method.

Money Management vs. % of Success in Trading Systems