OANDA Discussion | Page 120 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Oanda GM Discussion 0 replies

Oanda users - Oanda widening spreads 62 replies

Oanda order filling discussion 6 replies

OANDA Canada vs OANDA Corp. 4 replies

Euro/Dollar discussion 9 replies

Attachments: OANDA Discussion
Exit Attachments

OANDA Discussion

  • #2,381
  • Aug 6, 2011 7:43pm Aug 6, 2011 7:43pm
I have a 100k account with them......are they really safe? I am making half a mil. a year from forex. For me, i limit myself to spending 10k a month and i keep the remainder profits in bank to play stock market....which is much safer n more regulated.
I have past history of statements to justify what i say.
  • #2,382
  • Aug 6, 2011 8:25pm Aug 6, 2011 8:25pm
Quoting eu_trader
I have a 100k account with them......are they really safe? I am making half a mil. a year from forex. For me, i limit myself to spending 10k a month and i keep the remainder profits in bank to play stock market....which is much safer n more regulated.
Diversification
The Thief of Wall Street
  • #2,383
  • Aug 6, 2011 8:44pm Aug 6, 2011 8:44pm
Quoting eu_trader
I have a 100k account with them......are they really safe? I am making half a mil. a year from forex. For me, i limit myself to spending 10k a month and i keep the remainder profits in bank to play stock market....which is much safer n more regulated.
If it's safety of funds you're worried about, they are relatively safe.

But in your situation, I personally would leave retail and instead negotiate a good deal with a tier 2 bröker, get the lowest commissions that I can negotiate, big liquidity + market depth, very small spreads (often even during news), and advanced order types. That's just what I'd personally do at that level.
  • #2,384
  • Aug 6, 2011 10:31pm Aug 6, 2011 10:31pm
YES! If I have 100k USD, i will choose Interactive Broker, but now Oanda is the best choice.

Quoting Marv
If it's safety of funds you're worried about, they are relatively safe.

But in your situation, I personally would leave retail and instead negotiate a good deal with a tier 2 bröker, get the lowest commissions that I can negotiate, big liquidity + market depth, very small spreads (often even during news), and advanced order types. That's just what I'd personally do at that level.
  • #2,385
  • Aug 7, 2011 9:27am Aug 7, 2011 9:27am
anyone else have this spike on the weekly ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 25 KB
  • #2,386
  • Aug 7, 2011 10:54am Aug 7, 2011 10:54am
Quoting Marv
fyi, just because they are "top three" in CFTC's report doesn't mean they are the top three brökers out there.
Like I don't know that?
I found a penny today. That's +100 pips for me.
  • #2,387
  • Aug 7, 2011 10:54am Aug 7, 2011 10:54am
Quoting peaches
anyone else have this spike on the weekly ?
yes, I have that spike too.
I found a penny today. That's +100 pips for me.
  • #2,388
  • Aug 7, 2011 11:01am Aug 7, 2011 11:01am
Quoting peaches
anyone else have this spike on the weekly ?

now thats what i call long wick..
i think and pray it is a glitch
  • #2,389
  • Aug 7, 2011 11:05am Aug 7, 2011 11:05am
Let's pray there isn't going to be a huge gap tonight haha. Like the 1987 crash, where many lost their accounts on monday morning.
I found a penny today. That's +100 pips for me.
  • #2,390
  • Aug 7, 2011 11:08am Aug 7, 2011 11:08am
Quoting ReaM
Let's pray there isn't going to be a huge gap tonight haha. Like the 1987 crash, where many lost their accounts on monday morning.
well I like to put it the other way around. small sell limit order at 1.5950, with SL at 1.605 an TP at 1.44

Of cause it may never been triggered.
  • #2,391
  • Aug 7, 2011 11:17am Aug 7, 2011 11:17am
Quoting peaches
well I like to put it the other way around. small sell limit order at 1.5950, with SL at 1.605 an TP at 1.44

Of cause it may never been triggered.
hope u took spread into account
  • #2,392
  • Aug 7, 2011 12:12pm Aug 7, 2011 12:12pm
usd / chf spread at this moment : 60 pips

this pig cannot be slaughtered for ever... or can it?
  • #2,393
  • Aug 7, 2011 12:28pm Aug 7, 2011 12:28pm
Quoting georgem
usd / chf spread at this moment : 60 pips


the minute u enter u lost the trade
they should be paying us to enter..not the other way round
  • #2,394
  • Aug 7, 2011 12:49pm Aug 7, 2011 12:49pm
Quoting nAVIN2007
the minute u enter u lost the trade
they should be paying us to enter..not the other way round
Wise words...

Or at least they should add a message: "ASK WHY, ASSHOLE!"
this pig cannot be slaughtered for ever... or can it?
  • #2,395
  • Aug 7, 2011 1:40pm Aug 7, 2011 1:40pm
EUR/CHF spread 95 pips.

Perfect Storm ahead!

Will we see tripple digit spread?
this pig cannot be slaughtered for ever... or can it?
  • #2,396
  • Aug 7, 2011 2:33pm Aug 7, 2011 2:33pm
their weekend spread are insane!! Do other brokers have such spread too? I just got stopped out because of the 60pips spread!
  • #2,397
  • Aug 7, 2011 5:16pm Aug 7, 2011 5:16pm
Quoting Philodox
their weekend spread are insane!! Do other brokers have such spread too? I just got stopped out because of the 60pips spread!
you entered a trade at 3pm on a sunday evening when not a single processing bank is open, Better yet you opened a position without checking the spread.
Best Regards Moneymike
  • #2,398
  • Aug 7, 2011 7:39pm Aug 7, 2011 7:39pm
Quoting moneymike
you entered a trade at 3pm on a sunday evening when not a single processing bank is open, Better yet you opened a position without checking the spread.
i didnt enter at that time. Im alr in that trade before the weekends. :
  • #2,399
  • Aug 7, 2011 8:40pm Aug 7, 2011 8:40pm
Quoting Philodox
i didnt enter at that time. Im alr in that trade before the weekends. :
well if your already in a trade then the spreads don't affect you anymore, Now what happens is that the market spike but all traders know the risk of market spikes over the weekend. More so when the us is downgraded for the first time ever. And a G7 meeting Looms
Best Regards Moneymike
  • #2,400
  • Aug 7, 2011 11:35pm Aug 7, 2011 11:35pm
Quoting moneymike
well if your already in a trade then the spreads don't affect you anymore
Sure they do.
10 traders viewing now