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All US brokers require a one million dollars by 31st july?
Started Jun 20, 2006|Broker Discussion|10 repliesI understand that cftc regulations now require 1 million in net capital by the 31st of july ...
Most of the accounts at these broker's are mini's.This is a cowboy industry and fxcm and the like should have been hung out to dry by the authorities a long time ago such as when in Nov 2004 they would not honour trades on the nfp. All the money ...
I believe u must evaluate every trade on its own merit.Looking for high or low points to place ur stop at.A few pips beyond a swing high or low is good but the mm's will hunt u down there .So u will need an emergency stop of say 40 pips depending on ...
Not too hard to see that its going to breakout.Wait just a moment let me think hmmmm there must be something about to happen say about 8:30am est. Its going to move the market! Mark my words people.Send ur checks to........................
Funny how the 3 main military countries fighting in Iraq (us,uk and oz) have the most unappealing tax regimes for their citizens.May be these countries citizens are just milking cows for the corporations who dictate laws to suit their own ...
Hi nash have a look at www.tridentpress.com.au good stuff for aussies. note if ur are irs,ato etc etc agent checking out the forex forum then up yours!
Great thread soso! I total agree that BE should brought in asap even at 10 pips up in a trade. I like a 3 part senario where u have 3 lots traded with the 1st profit target at 10 pips ,2nd at 20 pips and the 3rd left open with a trailing stop of 20 ...
Good move to consistantly monitor your broker's balance but just make sure its well over 1 million or asta la vista johnny cash!Thats why I posted this concern.
I understand that cftc regulations now require 1 million in net capital by the 31st of july ...