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philmcgrew replied Aug 26, 2006I use MSA from www.adaptrade.com. It is a very impressive program and ridiculously underpriced.
Money Management software
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philmcgrew replied Aug 26, 2006When you use a market order you give the broker some latitude to fill your order. If you want your exact price use a limit order. This is essentially a "fill or kill" type of order. Phil
Broker Complaints …Get over it!
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philmcgrew replied Aug 26, 2006You guys better hurry if you're going to save the world. The 5 year renewal for the CFTC is before Congress now. Maybe your congressman could get you a copy of the proposal. Forex will not slip through the cracks as it did in 2000. The CFTC has to ...
How to make Forex better - and maybe save it from the regulators
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philmcgrew replied Aug 26, 2006I am not a broker but I do have to use one so I got over the my broker is evil phase. I did go on a rant and I fairly warned you up front in my first post. I have more rants in the future: 1. Brokers don't suck, people who whine about them do - DONE ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 26, 2006Your broker would offer you different products, you would still have the option to never sleep again and trade Forex around the clock.
If you are referring to the CME/Reuters platform, it would trade around the clock as well.The Future of Currency Trading
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The Future of Currency Trading
Started Aug 26, 2006|Trading Discussion|5 replies
This may not generate as much as interest as a "my broker sucks thread" but there are some ...
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philmcgrew replied Aug 26, 2006toolong, Thank you for an amazing post! I completely agree with 100% of everything you said and was trying to make many of the same points. It's almost as if you can simply go on to the internet and learn about the various brokers out there. Thanks ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 26, 2006You could have your cake and eat it too by trading Hidden Divergence (some traders refer to this as Reverse Divergence). It is divergence that offers you an opportunity to participate with the trend. The link below is an exellent article explaining ...
Which is more profitable: Trend or Divergence trading?
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philmcgrew replied Aug 26, 2006Here is another one: http://www.mataf.net/en/analysis-correlation.htm
Correlation
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philmcgrew replied Aug 26, 2006FXO, Point taken. Thank you for that. Phil
Broker Complaints …Get over it!
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philmcgrew replied Aug 26, 2006StockKJay, Your point is well taken but first a clarification: Since there is no central marketplace the only volume your broker can report is that of its clients. Even then, some brokers do not report volume, they report RFQs (Request For Quotes) ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 26, 2006No offense to Phil, but let me go ahead and offend you.....I guess that makes it Ok to speak ill of someone if you put a disclainer in like that. I am not a broker. As a matter of fact I never mentioned my broker until someone asked much later in ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006[QUOTE=FXopportunist] You need to get some kind of grip on how the Forex market works. First, there is no market. There is a virtual interbank where banks and large multi-national business conduct currency exchange. It's their party and you are not ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006That's hilarious! Complaint accepted.

Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006If you think your broker is screwing you then register a complaint with the NFA. I looked up the link for you: url If you want to check the reputation of a broker before sending them your money then you can use the same resource. I looked up that ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006All brokers don't have spikes that take out your stops. I use TradeStation and eSignal (esignal has the ability to monitor over 50 data feeds) and those spikes don't occur with larger, reputable brokers. Stop hunting has occured in markets for over ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006mrmikal, You have hit the nail on the head. Your explanations were brilliant! If you don't like your broker, move to a reputable one. If you don't like 11 pip spreads, go to a fixed spread broker where the spread never changes. If you don't like ...
Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006I have accounts at Gain Capital and GFT Forex. No complaints about either.
Broker Complaints …Get over it!
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philmcgrew replied Aug 25, 2006If you open an account with a large, reputable broker you will get a fixed spread and experience little to no slippage. If you open an account at Joe's Forex and Nail Salon and you are willing to pay for slippage then you deserve what you get. Phil
Broker Complaints …Get over it!
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philmcgrew replied Aug 24, 2006If you have lost 9% of your account on 3 trades totaling 42 pips then I would suggest that you do have some problems with your system. Money managemnet has nothing to do with your win:loss ratio. It answers the question "how much" when deciding your ...
Three Losses in a Row