Maybe. Maybe not. I tend to think of the market as being too cyclical to expect this to be a permanent thing. "What doesn't work today, but which worked yesterday, may work tomorrow" kind of philosophy. On the other hand, I've been following the ...

Spreads and Slippage

Sorry, I'm lazy. I meant that I was agreeing with FXOpportunist's comments.

Spreads and Slippage

Hey, That's no silly add-on. I've been looking for something like this. Right now I just turn my speakers up in my office, which is adjacent to my bedroom and hope I hear it and my wife doesn't. What brand is that? I'll look it up? stockwet

computer workstation set-up

Which announcements did you trade today? I was a tick observer with CoesFX Live on the CAD announcement and then the EURUSD housing starts move. I didn't see any slippage on either of those announcements. I missed the CBI, though. I'm with FXO. I ...

Spreads and Slippage

Got it. It's a bit of a subjective question, though. Your expected return should be commensurate with your risk, which is a function of the amount of lots you trade relative to your balance. Any one making consistent profits, month over month, is ...

Is this a good or not that good begining?

Ahhh, the infamous newbie question - "is this a good strategy?" Well, you may get a number of opinions. Some may be critical, some may be encouraging. Unfortunately, noone can answer that question except for you. We so often want our ideas to be ...

Is this a good or not that good begining?

Call me paranoid, but, I have experts that manage my stops for me now. I never place a stop loss in the order itself unless I'm concerned about my expert going down for any reason.

GFT Forex Discussion

Unfortunately, that feature does not prevent slippage. It might prevent a requote if the price moves a couple of pips, but not slippage. Slippage often occurs when someone sets a buy or sell stop order at a specific price. If the market jumps past ...

GFT Forex Discussion

Mike, It depends on your broker. Some brokers out there make you pay the interest but will not pay you when your position dictates it. I think FXCM does them. Many others, though, pay you interest as deserved for your position. stockwet

commission

Somebody didn't have their afternoon nap!! Cantona, Darkstar is just expressing a sentiment that a lot of the more experienced traders feel. Most traders who make it past their first account explosion recognize that their success comes with 8 ...

USD Existing Home Sales

I'm really appreciating the warnings from some of these old hats like Scott. My system is a heavy news-based system. I've looked at hundreds of setups and I can tell you that just because everything is fine and dandy July and August doesn't mean ...

Wut Is Scalping ??

Sorry. I realize now you were probably talking to MoneyDude.

Forex data spreadsheet

Thanks. Actually, I can get that info out of MetaTrader. If you want to get other pairs, just grab a demo copy of MetaTrader and you'll have that data for all the pairs.

Forex data spreadsheet

Some do, some don't. From a mechanics perspective, though, it's very hard to go negative in your account. What would have to happen is that you would have to be 1) highly leveraged, 2) losing a lot and getting close to a margin call and 3) before ...

Pips and Leverage....

Woooaah. Hang on there guys. While it is true that prices are the same, a demo account will not fully replicate a live environment. In a live environment, you may experience slippage, slow order execution, price spikes and another anomalies that ...

Question about Demo Accounts

The leverage just indicates how big of a single position you can take at a time. Here are some numbers. Assume that USD is your base currency and you have $4000 in a mini account. 100:1 Leverage: - Margin on 1 mini lot: $100.00 - Maximum mini lots ...

Pips and Leverage....

There are some interesting theories about time-based trading. It's probably one of the most overlooked variables in trading. With that said, I think a lot depends on your system. I have a database of about 500 sample trades following my personal ...

Forex data spreadsheet

Yes, but also remember that you are not locked into trading a single unit. For instance, nowhere does it say that you can only trade 1 lot or 1 mini lot. We use the example of 1 lot to keep things clean. 10 mini lots is the equivalent of 1 lot. If ...

Pips and Leverage....

I wonder what they do if you have to maintain a position over the weekend.

CoesFX and MT4

Oh no, they're not an ECN. They use SpotFX to clear their trades. So, you place your trade with them, the dealer at the desk aggregates the trades then places CFG Trades through SpotFX. There are others who know how a dealing desk works better than ...

CoesFX and MT4