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- pipmaster77 replied Oct 30, 2016
There is no regulation prohibiting it. Once again, the brainwashing effects of the US government. I wish people would research and state facts before posting. Everything I post is fact, not opinion.
Need US broker for a large account
- pipmaster77 replied Oct 30, 2016
OK, to each his own. I just refuse to be in any game, contest, trade, whatever where the opposition wins when I lose and loses when I win WHERE THEY CONTOL THE OUTCOME, after all it is THEIR SOFTWARE. In addition, the transaction cost with a market ...
Need US broker for a large account
- pipmaster77 replied Oct 30, 2016
Absolutely agree regarding FCA. So my issue is this, if the NFA has such a sincere interest in protecting the trader as they claim, why can't we trade with an FCA broker? Yes, I do firmly believe my broker is an ECN as I constantly see my trades ...
Need US broker for a large account
- pipmaster77 replied Oct 29, 2016
• In June 2015, there were 8 U.S. retail forex brokers, with market shares as follows: FXCM - 34% Gain Capital - 20% Oanda - 19% IBFX - 8% Wedbush Securities - 8% Interactive Brokers - 7% MB Trading - 3% RJ O'Brien - 0% • By June 2016, the field had ...
Need US broker for a large account
- pipmaster77 replied Oct 28, 2016
I'll take the random island. Once again, your money is not protected in either case. Difference is, I only need 10% of the margin, so I am literally risking 90% less money than someone using an NFA regulated broker. The NFA is regulating the trader, ...
Need US broker for a large account
- pipmaster77 replied Oct 27, 2016
Still doesn't address the issue of having 90% less money at risk. If I am trading a standard of GBPJPY with a 50 pip stop, I am risking about $500. I only need $400 in margin, but I'll use $500 for the 50 pip stop. With a US broker, I need $4,000 in ...
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
When you lose, they win and vice versa. It's right there in their terms and conditions. You are oblivious to think they don't play games. They control the software in a game that has a complete conflict of interest with you.
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
What happened with OANDA when the GBP dropped big a couple of weeks ago? It's fact, I'm not making it up. If you want to deposit $5,000 for margin to execute the same size trade I do for $500 in margin, more power to you. Your funds are not ...
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
Only accounts over $10,000 and I do report them. This not about taxes, I pay mine just as if I earned the money with a US broker. There is absolutely no law prohibiting me fom trading with an offshore broker. I simply chose to only put 10% of my ...
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
I, too, am a real trader. I have other sources of income, but forex is a significant source for me. I completely disagree with you. US brokers are absolutely corrupt. They freeze platforms, have random spikes,which cannot be found elsewhere and when ...
Need US broker for a large account
- pipmaster77 commented Oct 26, 2016
Yes, someone gave me a clear cut example the other day. All of the garbage music littering our top 50. There don't appear on other countries charts. Nobody signing about bleached assholes and shooting police and dealing drugs, etc. Haven't checked, ...
Trump Has 2-Point Edge in Bloomberg Politics Poll of Florida
- pipmaster77 commented Oct 26, 2016
He is also going to dismantle Dodd- Frank, which is great for forex traders and get the government out of things they don't belong regulating.
Trump Has 2-Point Edge in Bloomberg Politics Poll of Florida
- pipmaster77 commented Oct 26, 2016
Like him or not, your other option is to elect someone who should be in prison as President of the US. Just dig below the surface a little bit. As far as war, atleast we can fight back,with our other option we will just let terrorists continue kill ...
Trump Has 2-Point Edge in Bloomberg Politics Poll of Florida
- pipmaster77 replied Oct 18, 2016
So the point here is, let's say I didn't have $2,000 laying around for margin, my family would be out $800 in income. Anyone else think that may impact a family of six? What % of families that size do you think have $2,000 in disposable income to ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 18, 2016
Closing now for over $800 profit. Once again, I used $134.40 in margin. I would have needed approx. $2,000 in margin with a US broker. Folks, once again, we are being completely screwed by our government. What I am doing can be done with a regulated ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
So where is the liquidity in THE PAIRS I TRADE, not what you trade.
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
At this very moment, I am short one full lot of EURAUD. You know how much margin I'm using? $134.40. I'm up $510. Show me how I can do this in the way you are suggesting and I'm all in.
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
Can you point me in the direction of liquidity for EURAUD and GBPAUD? Or once again, as in online poker, I should just give up my income to over regulation? I have a family of six and the extra money I earn in forex and used to make in online poker ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
In my opinion, there is way more money to be made in spot. This is why everyone went to spot in the first place. Now they have put regulations in place whose sole purpose is to bring that business back to futures. I also trade crosses exclusively, ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
Precious metals and the stock indices in the spot market. I don't care about the writing being on the wall, it is still about having the same freedoms as everyone else. You, my friend, are the one missing the point. This country over regulates ...
Help!!! US Traders, We Must Stand Up and Fight