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  • #681
  • Feb 2, 2009 1:23pm Feb 2, 2009 1:23pm
oh no
I am afraid the platform will be even more unstable if they implement trailing stops now. they can't deal even with ordinary orders in busy times how will they handle thousands of constantly moving stops??
  • #682
  • Feb 2, 2009 1:24pm Feb 2, 2009 1:24pm
Quoting toshi
Recieved this annoncement (via e-mail) over the weekend:

"...Trailing stops have been the top customer request here at OANDA,
so we are pleased to announce the start of customer testing for this feature.
We will be rolling out trailing stops to our FXTrade platform after this testing is finished..."

Long time coming and just goes to show they're not completely oblivious to
their client base and the folks who actually use their platform for trading.
can't believe it
I haven't received anything like that
be careful it is not someone trying to get your account password
can you post the email details here?
  • #683
  • Feb 2, 2009 1:30pm Feb 2, 2009 1:30pm
No, It's real.

I called up to confirm and the betatest has begun on the FXGame only at this time.

Here's a link to some of what will be coming in the future:

http://fxtrade.oanda.com/forex_tradi...a_tstest.shtml

and also this:

http://fxtrade.oanda.com/fileadmin/i...ilingStops.pdf
  • #684
  • Feb 2, 2009 3:10pm Feb 2, 2009 3:10pm
Interesting. I also didn't get an email, yet I got one today from them about my 1099 form. I hope they can get it implemented correctly in a timely manner.
  • #685
  • Feb 3, 2009 12:07am Feb 3, 2009 12:07am
Quoting Dopey
Interesting. I also didn't get an email, yet I got one today from them about my 1099 form. I hope they can get it implemented correctly in a timely manner.
Just tell them you don't "need no stinking 1099" where you live.
If only that were the truth, eh?

I didn't get an email about either.
  • #686
  • Feb 3, 2009 12:23am Feb 3, 2009 12:23am
Quoting Xaron
So what's your point pinchapip? Shall I post every time the platform just runs fine? In that case this thread would be the longest in this forum.

I know not a single broker nor ECN who hasn't some problems from time to time. The question is: Can you live with them? I can. If you can't, move on.


Quoting turnip15
Agreed, I've had none of the problems pinchapip has had. Everything fine here

heheheh.....that's my point, when the "house" starts to play their "target" game
For he that would be deceived, let him.
  • #687
  • Feb 3, 2009 2:47am Feb 3, 2009 2:47am
oh then it is true to have trailing stops at oanda... and server execution ones... wow...

maybe for some strategies it is useful... if you can't trade full time... but generally, using trailing stops is not the best practice in forex trading...
  • #688
  • Feb 3, 2009 7:11am Feb 3, 2009 7:11am
Quoting billflet
Just tell them you don't "need no stinking 1099" where you live.
If only that were the truth, eh?
It really sucks paying taxes to a country I haven't lived in for 11 years. It really burns me up to no end. At least I don't pay taxes here...yet. It's only a matter of time.
  • #689
  • Feb 3, 2009 1:14pm Feb 3, 2009 1:14pm
Oanda just slipped me 5 pips on a limit order--in my favor.
  • #690
  • Feb 3, 2009 1:17pm Feb 3, 2009 1:17pm
Quoting Dopey
It really sucks paying taxes to a country I haven't lived in for 11 years. It really burns me up to no end. At least I don't pay taxes here...yet. It's only a matter of time.
It's bad enough when you live here and watch where the money goes. I'd have serious problems with the plan you're on.
  • #691
  • Feb 3, 2009 2:02pm Feb 3, 2009 2:02pm
Quoting billflet
It's bad enough when you live here and watch where the money goes. I'd have serious problems with the plan you're on.
I've thought about renouncing, but both of my boys were born over here. Their mom is a Brit, with US residency, so they hold both passports. However, both countries require that at some point they have to spend 5 straight years in residence in the country if they want to be able to pass on their citizenship to their children. I'm thinking I'll send them to the US for college and once they get the 5 years they can do what they want. Therefore, I keep paying taxes so we won't have any problems later on.

I wonder if they didn't meet the requirements and had kids in a country such as this one which won't give out passports, would that make my grandkids stateless?
  • #692
  • Feb 6, 2009 10:05pm Feb 6, 2009 10:05pm
Quoting Dopey
I've thought about renouncing, but both of my boys were born over here. Their mom is a Brit, with US residency, so they hold both passports. However, both countries require that at some point they have to spend 5 straight years in residence in the country if they want to be able to pass on their citizenship to their children. I'm thinking I'll send them to the US for college and once they get the 5 years they can do what they want. Therefore, I keep paying taxes so we won't have any problems later on.

I wonder if they didn't meet the requirements...

This has happened to quite a few people. They renounce their citizenship to gain citizenship to another country (which requires you to give up your old citizenship). Then there are 'unforeseen' complications with the application and folks are stuck in the middle with nowhere to go. It's an ugly situation to say the least.

Also note that if you renouce and re-enter the country at a later date, you will be given a very hard time at security every time. You simply don't give up on the ole' red, white and blue. (Unless you are sure that you will never return again)
  • #693
  • Feb 8, 2009 4:27pm Feb 8, 2009 4:27pm
isn't Oanda suppose to send out something similar to a 1099? I haven't seen anything in the mail from Oanda yet.. it's already feb.
  • #694
  • Feb 9, 2009 1:16am Feb 9, 2009 1:16am
Quoting dengzhi
isn't Oanda suppose to send out something similar to a 1099? I haven't seen anything in the mail from Oanda yet.. it's already feb.
A 1099 from an FX broker? Would be the first time I've heard of such a thing.. certainly not legally required.
  • #695
  • Feb 9, 2009 1:33am Feb 9, 2009 1:33am
Quoting Trader KGB
A 1099 from an FX broker? Would be the first time I've heard of such a thing.. certainly not legally required.
TradeStation and forex.com send 'em out. Both come from Gain Capital. I've yet to get one from Oanda though.
  • #696
  • Feb 9, 2009 8:52am Feb 9, 2009 8:52am
Quoting fxterrapin
This has happened to quite a few people. They renounce their citizenship to gain citizenship to another country (which requires you to give up your old citizenship). Then there are 'unforeseen' complications with the application and folks are stuck in the middle with nowhere to go. It's an ugly situation to say the least.

Also note that if you renouce and re-enter the country at a later date, you will be given a very hard time at security every time. You simply don't give up on the ole' red, white and blue. (Unless you are sure that you will...
You can't renounce without already having citizenship elsewhere. It just can't happen. If you did, you wouldn't be able to travel anywhere because you'd be stateless. If on the off chance you actually found yourself in the position of renouncing before actually having a new passport, one should be lobotomized for being a complete moron.

Also, the US doesn't require you to give up your passport. It's a myth. We actually asked some consular officers one day when they came down here to do some services. They refused to answer our questions.

Very few countries require one to renounce when gaining citizenship, and the countries that do aren't worth a shit anyway.
  • #697
  • Feb 9, 2009 9:28am Feb 9, 2009 9:28am
Quoting dengzhi
isn't Oanda suppose to send out something similar to a 1099? I haven't seen anything in the mail from Oanda yet.. it's already feb.
Mine came from Oanda on Feb 2, by email
  • #698
  • Feb 10, 2009 11:09pm Feb 10, 2009 11:09pm
Quoting pescador
For me this is step 0.
Do not even think of scalping at any broker if you do not know how.
I do not blame Oanda charts, because I do not use them.
All I am doing is just warning against using their charts for scalping.
Scalping works fine at Oanda with 3rd party charts and the Oanda quote panel.
Eliminating Oanda charts eliminates their instrument to clog up your CPU and RAM.
Also, if you compare the price movement on an Oanda 5sec chart and the Oanda quote panel, you will
discover quite a lot of discrepancies.
A lot of fast movements on the charts...
I will have to disagree with the "not executable" (though it is true that they are fast) movements. I have been scalping daily on 5 second charts for the last two months, and except for a small slippage (usually less than 1 pip and on average not more than 2-5% of my trades) I've been able to close trades normally.

I agree with the mounting consumption of CPU resources though, after a few hours it's almost unbearable...
  • #699
  • Feb 11, 2009 3:25am Feb 11, 2009 3:25am
Quoting doblece
I will have to disagree with the "not executable" (though it is true that they are fast) movements. I have been scalping daily on 5 second charts for the last two months, and except for a small slippage (usually less than 1 pip and on average not more than 2-5% of my trades) I've been able to close trades normally.

I agree with the mounting consumption of CPU resources though, after a few hours it's almost unbearable...
You have probably not really compared chart movements with quote panel price movements in real time.
Just try to close a trade on a rapid spike on the chart when it is not accompanied by the quote panel and see what happens...
  • #700
  • Feb 11, 2009 8:41am Feb 11, 2009 8:41am
Quoting pescador
You have probably not really compared chart movements with quote panel price movements in real time.
Just try to close a trade on a rapid spike on the chart when it is not accompanied by the quote panel and see what happens...
I don't pay attention to the quote panel but to the price/pips shown on the Ticket. And those always move along with the chart.
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