Well boys and girls, I have not posted for a while as this is a waste of time. FXCM keeps insisting that OCO are stops and limits, and keeps ignoring that these simply do not work for entry orders, they are only good if you enter at market and place ...

NFA - "No more Limit or Stop Loss orders"

Can somebody explain to me how two different brokers could reach a so diametrically opposed interpration of the same rule? One or the other has got to be wrong...you cannot reconcile the interpretations. SALT LAKE CITY— July 20, 2009—Interbank FX ...

NFA - "No more Limit or Stop Loss orders"

Very interesting stuff. Good find. As I stated many times on this thread...There had to be a better solution... and there is...now FXCM will have to scramble to provide full functionality minus just the hedging capability...MT5 style...If it looks ...

NFA - "No more Limit or Stop Loss orders"

Well here is another inconvenience, and this one has pecuniary value as it may cost you some money while you sleep. Since you cannot attach stops to a particular order, the OCO part for the stop will not be able to trail automatically. There has to ...

NFA - "No more Limit or Stop Loss orders"

Well I am just wondering what % of people use, or how prevalent the use entry orders is, to enter a position, therefore having the risk of entry order not being executed and ending up with an OCO entry... I do it sometimes but not enough that I need ...

NFA - "No more Limit or Stop Loss orders"

Thanks, I appreciate that. The reason I replied to your post was because ddaytrader was not referring to LIFO (his pic) but my post (pic of trades allowed by IB). He had replied to my post, not his previous post. It appears he posted a pic of ...

NFA - "No more Limit or Stop Loss orders"

With all due respect, that talks about no hedging and FIFO, nowhere does it say that limits or stops cannot be used. All orders can be added or substracted from one aggregate position containing all executed orders in one pair and netted in that ...

NFA - "No more Limit or Stop Loss orders"

Yes, the EAs will most likely have to be recoded. But that is only a temporary hurdle. Once MT5 is implemented, most good EAs will be changed. Most EAs are being reworked everyday anyway on MT4 to fine tuned them. That is what I posted ealier, that ...

NFA - "No more Limit or Stop Loss orders"

I am beginning to wonder. Has anyone that transferred from US to UK notice any difference in the spread? There has to be some reason behind this. No business risks losing customers unless there is a reason behind it.

NFA - "No more Limit or Stop Loss orders"

IB order types below, and they are a FINRA member, and they offer all of the orders below and no problem.

NFA - "No more Limit or Stop Loss orders"

Well I have been generally happy with having one account with FXCM but now they are getting a little ridiculous. They send out an email "Introducing OCO Orders and Pullback / Breakout OCO Orders" but no new functionality than what they had ...

NFA - "No more Limit or Stop Loss orders"

Should be same if you open the position manually

NFA - "No more Limit or Stop Loss orders"

Minimum account opening balance: USD 10,000 or equivalent in GBP, EUR, JPY or HKD. url

Trading as bank's client?

Makes sense, many times seen very low liquity in forex futures. Like both the bid and ask in tandem (not the spread) moving up or down more than 15 pips w/o an actual sale/purchase taken place in between. Hard to close a position sometimes at the ...

NFA - "No more Limit or Stop Loss orders"

OCO is not tied to any particular order. So if you use an initial entry order away from the market price, put an OCO order as SL and TP, and walk away from the computer, there is a chance that the OCO order will be executed and that the entry order ...

NFA - "No more Limit or Stop Loss orders"

NO, you are doing it to close an open position.

NFA - "No more Limit or Stop Loss orders"

Once MT5 is impletended, FXCM will have to either change TSII to a similar order system with SL and TP on all orders or offer MT5 US, otherwise they will not be competitive. Money talks and what we post in FF walks. Help is on the way.

NFA - "No more Limit or Stop Loss orders"

LOL, I will also like to see how this rumor started. Maybe Oliver Stone is filming a movie about it rigth now. I will also liket to betat test the MT5 sniffer/filter.

Implications of MT5

Bro, they have to do it this way to be FIFO compliant with NFA members brokers and the other exchanges that it will accomodate. You will be able to place SL and TP in all orders with it. Me does not like NFA but have no choice but to like MT5 b/c it ...

NEW MT5 Seriously Stuffed For Traders Platform

Well it looks as if MT5 will do it this way and be FIFO compliant. Does anybody know when MT5 is coming out? The stakes are getting higher in the broker war, yeah, let them fight for business. url url "The order management system has completely ...

NFA - "No more Limit or Stop Loss orders"