I must say I have not seen that, but there is a great market inefficiency to exploit using an API, assuming you can consistently get filled at those prices.

avoiding paying the spread

Your account equity is the true value of your account. If you had a $10,000 account balance and an open position that was -$8,000 you can call that a paper loss all you want, but your account equity is at $2,000 so that's a $2,000 account. This is ...

Am I paying double spread?

As soon as you open a trade, your equity is down, so you pay the spread when you open a trade, not when you close it.

Am I paying double spread?

I think you must be missing something here. If a broker offers an "inverse spread" such as you describe, then there is nothing to stop you from opening and closing a trade immediately with a profit. I don't think I need to explain why this wouldn't ...

avoiding paying the spread

I believe I can weigh in on this topic. I dare say that I am one of the pioneers of the "travel the world with a laptop" crowd. I've traveled around the world several times while running several online businesses, trading included. I started out ...

Daytrader as a round-the-world traveller

Reminds me of the story of Faust - do I make a deal with the IMF for an instant fix that I'll have to repay with eternal slavery, or do I rough it out on my own now, atone for my sins and save my soul? See act 5 for the conclusion.

What is to do with Greece?

I personally like the ability to have high leverage in my trading account because it allows me to keep less trading capital in there and still use the position sizing that I would with a larger trading account. Remember, your trading capital is not ...

Could 10:1 be the new leverage in US Forex?

That sounds very interesting indeed - just when MT5 is about to come out. I'm not a coder, but would be willing to do some demo testing on early versions.

Open Source Forex Platform - OFxP

Exactly. Why was it so easy for them to get borrowed money? You're right about that. I am not saying oversight is a bad thing. A free market needs oversight in order to minimize fraud. Oversight and market manipulation are not the same thing. The ...

Buying foreign currency=illegal???

Let's just put it this way: The market would have never allowed interest rates to be as low as the Fed did. The Greenspan Fed (libertarian that he is) manipulated interest rates and now we are seeing the results of that interference. BTW, did you ...

Buying foreign currency=illegal???

If there was a free market, there would be no depression.

Buying foreign currency=illegal???

I agree. There also seems to be a lot of repressed protectionism that is ready to burst out because the average person doesn't understand the way a true free market economy works - they've never seen one in action. The only "invisible hand" these ...

Buying foreign currency=illegal???

Oh, I thought never meant NEVER .

Please EURO Stop it..You are Embarrasing yourself.

So all those people that were short USD over the past 7 years were doing it all wrong?

Please EURO Stop it..You are Embarrasing yourself.

fucuk

Admit it - your profits are based on luck

What? Are we done? After only 480-some posts? Not a chance. Here is my definition of luck: It is a typo. Replace the "L" with an "F" and add a "U".

Admit it - your profits are based on luck

If you read what I wrote more carefully, you'll see that we are actually agreeing about the "shackles of a predetermined fate" . I never said that the introduction of randomness limits us in any way. In fact it allows us to explore, on a ...

Admit it - your profits are based on luck

You don't have to believe in randomness. The beauty of current scientific theory is that it leaves the door open for you to believe that this apparent randomness is the result of whatever you want to believe. In effect, it imposes certain limits on ...

Admit it - your profits are based on luck

No I wasn't referring to your comment. I was referring to tdion's statement from a while back that unless you can guarantee with 100% certainty that every trade you make will be a winner, then any profits you make are based on luck.

Admit it - your profits are based on luck