Yes but if fxcm owes that money to their liquidity provider on behalf of their clients. if there clients say they are bankrupt, and unable to pay, which I'm sure many will, then fxcm has to eat the loss themselves. That is what iam saying correct?

So... it turns out that Market Maker models aren't that bad

Late reply, but better late than never - as I'm sure you have noticed my broker has went under lol. Not really much I can disagree with there. I have found much the same to be true through trial and error from my own experience. A few comments: will ...

Fundamental Trading with a Directional Bias

I thought the ECNs where better too, shows what I know.

So... it turns out that Market Maker models aren't that bad

This is what the MM already do. They have two books. One book with all the losing traders which they act as counterparty to, hedging only when maximum risk for that book is breached. And another book called "marked risk" containing the winning ...

So... it turns out that Market Maker models aren't that bad

Sort of. With the ECN brokers when you take a trade the brokers take comission and pass it on to the market, I'm not entirely sure how they do this, but they don't act as counterparty. So as a broker they approach their liquidity provider with all ...

So... it turns out that Market Maker models aren't that bad

So in essence those guys who got reckless, and shorted the eurchf peg, and other crosses with high leverage, are responsible for others potentially losing money? - I agree.

So... it turns out that Market Maker models aren't that bad

ECN brokers don't take counterparty to your position, at least in theory, they are supposed to bundle your order together and pass it through to the interbank. The market maker models do take counterparty, and when their risk goes above a certain ...

So... it turns out that Market Maker models aren't that bad

Alpari are FCA regulated, their funds are in a separate account, I believe they also have FCA insurance. I expect that everyone with money in there (including myself) will be able to claim their money back - however I don't know how or when

Alpari.co.uk Discussion

@jake, thanks mate Just wanted to be sure, and that you didn't feel I was ruining your thread.

Fundamental Trading with a Directional Bias

Hi Jake... I didn't ask but I think I should... do you mind if I post ITT about my own experiences and trades? And continue to do so in the future?

Fundamental Trading with a Directional Bias

EUR/CHF floor lifted, I think that is as clearest indication that you can get that EURUSD QE is coming on the 22nd. I have been short EUR/CHF for a while now, of course my broker isn't allowing my to close the trade image Until I cover the ...

Fundamental Trading with a Directional Bias

I know people here listen to Jaratt Davis, but the problem with his approach is that the economy is more than the sum of what the central bankers do. Since 2008, and once the disaster was averted markets have hung on every word of the central ...

Fundamental Trading with a Directional Bias

Ok I see what you mean now. I would say most of my positions that I left running where short to medium term by your definition. I take positions off if there is something that happens that doesn't make sense or some fundamental change affecting the ...

Building an equity millipede

Yes 30-40% run to longer term, I don't have exact figures to hand but I actually think it could be low 30%s. Success is measured simply by bottom line on account, if I'm profitable I'm doing something right I figure, needless to say winners are much ...

Building an equity millipede

Yes, the entries were always user discretion, though since I use daily charts I get less entries. I use my own methods not G's. G said most of his legs died, mine do too, I'm working off 40% win rate meaning 60% of legs either lose or at be. i don't ...

Building an equity millipede

fair enough i was never able to get precision sharp entries, so I had to take the whole thing live warts and all

Building an equity millipede