I'm not trying to 'prove' anything because there's nothing to prove, I thought it's common knowledge how bucketshops quote in relation to the underlying market and their book but evidently not, that's why I was attempting to promote some lateral ...

OANDA Discussion

I hope you're not comparing an institutional trader to a retail trader! After 15 years and if he's 'at the top of his game' then owning a 1.5m house (assuming you meant 1.5m and it's been brought cash) and a ~50k car could be considered only ...

What lengths have you taken in trading

Hehe, you two should be on stage as a double act, maybe you could do an Oanda version of "Who's on First" Ok, the first one to get it right gets.......a lollipip! Clue: Don't think spread, think quotes.

OANDA Discussion

I couldn't agree more! He sounds like a reasonable guy and seems more sad that he's been let down rather than angry about it, and even despite this happening he still says FXCM have been good to him in the past. Loyal customers like that are hard to ...

Any brokers guaranteeing stop loss protection?

After taking them up on their offer to investigate the issue in this post, and if the response was unacceptable, then requesting some sort of confirmation would seem like a reasonable thing to do and certainly better than jumping to conclusions and ...

Any brokers guaranteeing stop loss protection?

You missed the relevant part of my post altogether (pasted below), was that because you didn't understand it or just that you couldn't argue with it? It has nothing to do with 'bad luck' or the 'cost of doing business', it's to do with liquidity, ...

Any brokers guaranteeing stop loss protection?

Good post. I think the OP was trading micro and this is more likely to be an internal liquidity issue, I could be wrong, that's just the impression I got.

Any brokers guaranteeing stop loss protection?

That's not immediately apparent by the content of some of your posts but whether you're trading successfully or not is irrelevant in this context. It has nothing to do with 'bad luck' or the 'cost of doing business', it's to do with liquidity, ...

Any brokers guaranteeing stop loss protection?

Well of course you did, because you lack sufficient knowledge to understand how shops like Oanda derive the quotes and spreads they display to you on their platform. They rely on people like you not realizing the true cost of a transaction and being ...

OANDA Discussion

I think you need to go and learn about how the market works and how bucketshops quote, then come back and have a sensible discussion based on knowledge instead of naiive supposition. The actual cost of doing business with shops like Oanda isn't just ...

Any brokers guaranteeing stop loss protection?

"...broker reps posing as novice traders...", lol, give me a break! You might have a bit more credibility if you had the sense to see it's a 5 minute chart not a 1 hour chart, here's a clue if you really need it..... image

Any brokers guaranteeing stop loss protection?

lol, you do realize that shops like Oanda are just about the most expensive way to trade retail don't you? They advertise 'no commission .5 pip spread on Eur/Usd' just to get punters through the door but they're not a charity, in reality you're ...

Any brokers guaranteeing stop loss protection?

I'm sure it is, and unless we can find a friendly and accommodating broker to spill the beans, or give FF members a shot of sodium pentothal, all we can do is guess, I guess 2 in every hundred consistently profitable? I dunno, even that sounds a ...

What lengths have you taken in trading

Where do you live again......

Any brokers guaranteeing stop loss protection?

Yeah, I think the FXCM rep answered your question already, here I think there is a very easy solution, if you don't trust these shops and you think they're ripping you off then trade on a true ECN, or trade futures, why would you want to do business ...

Any brokers guaranteeing stop loss protection?

No actually, the slide was started by a US bank buying dollars against the majors and exacerbated by the MPC rate decision, and ultimately the Brown resignation rumour. Apart from the MPC there was the ECB, Trichet, and then NFP today. All ...

Any brokers guaranteeing stop loss protection?

It was an expensive lesson for the guy but it doesn't sound like he's got his money's worth, it seems he's still blaming the broker. If I'd had an open trade on Wednesday night, in profit, and bearing in mind the sheer volume of potentially volatile ...

Any brokers guaranteeing stop loss protection?

lol, ooops

Any brokers guaranteeing stop loss protection?

Uh-oh Seeing as no-one else is going to do it let me play devil's advocate for a minute.... You're selling your house (at the bottom of the market), moving into renting, and after paying off the mortgage etc using the balance as trading capital and ...

What lengths have you taken in trading

Too much pressure to succeed, failure wouldn't be an option and that's not an ideal psychological state for a trader. I guess it depends on how dedicated you are and whether you are prepared to sacrifice a couple of years of hard work for a better ...

What lengths have you taken in trading