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- Market Maker replied Jan 21, 2015
Nothing from Jason yet then? Cat got your tongue?Come on Jason you keep preaching FXCM are an honest,upfront, transparent company.Prove it!
- Market Maker replied Jan 21, 2015
Pips are irrelevant I adjust my size to fit my risk.If eg £50 is 1% of my account then I calculate my size so I do do lose more than £50 with stops etc. Yes I agree but risk is open ended but you need confidence in stops to trade properly.I realise ...
- Market Maker replied Jan 21, 2015
Are you going to answer my post above Jason or just ignore it?These vague responses from you are not filling us with confidence all the other brokers have confirmed what they are doing already why is FXCM leaving everyone hanging and making the ...
- Market Maker replied Jan 21, 2015
So Jason what will FXCM be doing with clients who did not go negative but lost their whole account because of stop slippage. I lost 100% of my account on a 1% risk eur/chf trade.I realise this is not all your fault due to lack of liquidity but on ...
- Market Maker replied Jan 19, 2015
The thing is Jason I realise this was a rare event and most of the blame must lie with the SNB for the way in which they announced the removal of the peg but some blame must lie with the broker and also the trader. It's not just for artificially ...
- Market Maker replied Jan 19, 2015
I my opinion anyone that stays with FXCM needs their head testing, their risk management was appalling plenty of brokers managed to get their clients out of chf at reasonable levels because they hedge against event risk.I for one won't be giving ...
- Market Maker replied Jan 19, 2015
I my opinion anyone that stays with FXCM needs their head testing, their risk management was appalling plenty of brokers managed to get their clients out of chf at reasonable levels because they hedge against event risk.I for one won't be giving ...
- Market Maker replied Jan 18, 2015
Market Makers such as Oanda offset client positions against one another but if they are unbalanced they will hedge the difference in the real market hence why they came out better than the ECN brokers such as FXCM.
- Market Maker replied Jan 18, 2015
Maybe,but someone with a few k net worth is never paying back 100k debt no matter how much you threaten them will legal action.
- Market Maker replied Jan 18, 2015
I do not think FXCM will go after negative balances many peoples accounts will be 10's of thousands in debit they know they do not have anywhere near the means to pay it back plus they stated clients cannot lose more than the account deposit so they ...
- Market Maker replied Jan 18, 2015
Depended on your broker I've heard some people still got massive slippage with stops at 1.2001 and 1.2002 but some people with stops here got filled so luck of the draw I guess.
- Market Maker replied Jan 17, 2015
My stop was 1.1985 so I had about a 25 pip stop but I got slipped 1700.I would tell anyone now just to keep the bare minimum in any brokerage account so if they go down you only lose 10-15% of equity, none of them can be be trusted to manage risk ...
- Market Maker replied Jan 17, 2015
I had a decent balance in my account and being sensible was only risking 1% on a Eur/Chf trade if stop had been hit.My account did not go negative but I got screwed and lost 100% and was wiped out so that's what being sensible gets you.What I should ...
- Market Maker replied Jan 16, 2015
Goldfinch I understand what you are saying in relation to stops however effectively I only needed about £600 margin to open my position, however I had more on deposit. If I had only had the £600 on account not £4,500 then I would have gone into a ...
- Market Maker replied Jan 16, 2015
What do you think the position will be if you experienced extreme slippage that did not take you negative but wiped out your account. My stop was in place to limit risk at £50 on Eur/Chf but am down £4,500 do you think I can kiss that money goodbye?
- Market Maker replied Feb 17, 2014
Mike When you say scan, do u go through every chart manually as thats a lot of charts to get through and are your levels already marked out. Thanks MM
- Market Maker replied Feb 17, 2014
That's great thanks for the help guys, trading the weekly chart on stocks would suit me as I can go through the charts at the weekend and stick to the D1 for FX during the week.Out of interest are there any stocks or sector's which tend to work ...
- Market Maker replied Feb 17, 2014
Hi Everyone, I have been following the thread for sometime so first off I would like to say I am finding it an invaluable help to my trading and appreciate everyone's input and hardwordwork. Currently I only trade the D1 time frame due to having a ...
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