First I heard of this. Their page says "LMAX, 9 Tier 1 Providers via Prime Broker" . I suppose that makes LMAX worth looking into again if this gets popular. The name sure is funny - they show every past losing trader as well or do they filter those ...

Which Broker are you using and Why?

Not going to say which broker I use and if it was feasible easily I'd not use any or maybe use all. Using just 1 is the worst option. It's the easy option but nothing that is easy in this game is worth it. Ok maybe if you "invest" in forex then... ...

Which Broker are you using and Why?

The way the books work is that market orders (incl all kinds of stops sent to broker) get the first price with others to match against. If your trade idea is to "chase" a price moving up fast then the problem is that the price may be moving fast ...

Acceptable levels of slippage on stop order in MT4

"Unless you trade millions of lots you are not going to affect the market at all, really, believe me" Just to clarify: So >1M $100k (?) lots (that is 10000M) on bid & ask , what are the bid & ask before and after execution of something <1M lots and ...

The math to have 1000% returns in short-time

Yes it's hard to become market maker but it's easy to become the market so to speak. Difference being the market maker knows what to do and avoid blowing up. Becoming market is just buying so much that no one else has anything left to sell. ...

The math to have 1000% returns in short-time

Okay I actually over-reacted a bit. Looking at the OP closer, yes if you already have a system that you know to work live and know why it works and its limitations, certainly it can be improved (to degree that market conditions allows) by doing ...

The math to have 1000% returns in short-time

Quick warning to people trying to apply this type of logic. (I'm not saying it can't be done though - if you could make each trade in uncorrelated instrument, that might "work" but reality is most things are correlated but due to costs and other ...

The math to have 1000% returns in short-time

If looking at pure price action and AUD, I think it could be in range. This is pretty much what I've been saying about EUR as well. The range could be expanding, from one end or both if lows are re-tested. I think eur range could drift up and aud ...

Sell EURAUD in May for 1000 pips

It may depend on broker but I suspect most "Stop orders" turn into market orders when bid or ask hits the price. Bid or ask hits the resting orders only when market makers pull quotes/widen spread or someone buys or sells a big amount taking the ...

Why The F@#k is this legal!?

While I did mention this already it's worth pointing out that even if no one was doing anything exclusive/rigging (the "mass quote" being one), the presence of the option market or link through correlated asset has effect on the underlying. I read ...

Why The F@#k is this legal!?

The larger the account the more liquidity you need if holding time is constant in the comparison of account sizes. This leads to big accounts either making very few long term trades or doing other types of things like greek-neutral or HFT etc or ...

Want to know how to get rich?

If that's even true, what is more likely happening is that a lot of people are trying it out, maybe even finding they are profitable but eventually one of 2 things happen: 1) either they get too large or use excess size 2) a lot of people piling up ...

Why The F@#k is this legal!?

Here's my first impression of Wall Street (took few years to figure it out, I'm a slow learner - yeah you probably heard this all 100 times already but how to know who are speaking the truth is hard for a novice) Simplest answer to why those firms ...

Why The F@#k is this legal!?

To that I would add that crunching stats one probably ends up running backtests if you want confidence quick. There comes risk - retail platforms offer "optimization" stuff. That stuff pretty much optimizes transfer of your money to smarter ...

How to start like a pro? - afraid to open trades

The answer to this depends on what your trade timeframe is. I cannot substantiate this in any way but I strongly believe that if your trades are held open less than a week then you are in competition with, if not the best, the second best. And ...

How to start like a pro? - afraid to open trades

I was looking for answers to why people trade forex instead of stocks. One of the suggested answers was that there's some attraction to a game where only few can win. I suppose it makes sense - it's like lottery, bet small many times and hope for ...

Here's the answer to "Can I make a living from forex"