I love how the sessions aways have these cliffhanger endings, as if daring you to come back for more. It's interesting watching the spread on ECN, the price breaks the 00 level and tries to push up, but then the spread widens, I assume this is ...

Linuxtroll Simple Scalping

Nobody really knows the real figure, the 5% thing is just a marketing myth.

Why 95% loss rate in forex?

People say a lot of things on this forum, with respect I don't think one of the above users has actually provided any hard evidence to support their claims. I would be wary of basing any theory of what people do or don't do without proof. If I'm ...

Why scalping doesn't work........

Interactive Brokers

Why scalping doesn't work........

If your broker puts restrictions on how you trade you need a new broker.

Why scalping doesn't work........

I'm not sure how it is any less ridiculous than trying to predict what millions of traders will be doing in a week or a month. The same supply/demand patterns appear on all time frames. Trading is not about predicting but reacting.

Why scalping doesn't work........

I think these debates over time frames and styles are pointless, the markets are obviously fractal in nature and the same patterns play out on every level. Mental discipline is the important factor and this is independent of time frame and/or ...

Day Trading vs. Swing Trading vs. Position Trading

Victor Niederhoffer subscribes to the philosophy known as 'objectivism', type it into google and have a bit of a read, it soon becomes very easy to imagine why he has blown it again. Objectivism is basically a narcissistic ego trap, most people I ...

How many blow-ups are necessary in order to become a pro?

I tried it with Interbank, but it didn't work, the prices are too well matched. There is a guy on the Kreslik site ('the economist', I think he is under that name on the MQL forums as well) who has a whole website devoted to this style of trading ...

what brokers allow me to exploit FPI?

That's a shame, I liked the first post, if people are PM'ing you to let you know you are stupid, I would say put up or shut up!

This is not rocket science; This is forex trading

I have been reading though this thread with interest but I am a little confused by the practice of waiting 'for the spread to be zero' on ECN style brokers. Correct me if I am wrong, but I was under the impression that one does not pay the ...

Linuxtroll Simple Scalping

Every time there are big market moves you get a flood of systems which are retrofitted to the previous couple of weeks data, then the market does something completely different. I have back tested many systems on similar ideas (overbought/oversold) ...

An agressive trading strategy needs support

Maybe instead of comparing floating point numbers (which can be tricky) you could try something like... if (MathAbs(new_tp - OrderTakeProfit()) > Point) { //Modify }

OrderModify - Error code 1

Why not just check the current values before updating, to update the order you have to call SelectOrder() right? so why not check the current value at that point. Don't see why you have to do any extra looping.

OrderModify - Error code 1

The reason it gets bashed is because people are getting ripped off.

Scalping Technique Made Easy

Money & trade management is the start, middle & end. It's the only thing which works ALL the time.

Why do 95% of traders lose?

The only criteria in all of trading is 'does it make money?' if it breaks the 'rules' who cares?

Axioms of trading

If you work with one position in the market at a time they are separate, if you have multiple positions the two are intertwined, entering or exiting a position may effect your overall risk profile.

Money, Risk, Trade Managment ?????

It seems nobody has properly read the initial question.

Does 100 lots move the market?

First of all, I have no experience with MBT/EFX. But if you read the broker reviews on ET you can detect a constant undercurrent of dissatisfaction with certain aspects of their operation. Interactive Brokers seems to fair much better. If their APIs ...

any comments about MBTRADING (not eFx)