It's not a 'problem' as such it's just something which happens occasionally, read and educate yourself. Trading Execution Risks I can't believe so many of you trade a market which you quite obviously don't understand, how you ever expect to make a ...

Any brokers guaranteeing stop loss protection?

Trading Execution Risks It's all there, self-explanatory really.

Any brokers guaranteeing stop loss protection?

I thought you had just started out! Let me get this straight, you've been trading for over 5 years and you still don't understand price gaps and slippage in volatile markets? I suggest you take the FXCM rep up on her offer to explain to you how the ...

Any brokers guaranteeing stop loss protection?

Well then maybe you could 'nedge', that would sort it, you like nedging don't you?

Any brokers guaranteeing stop loss protection?

You're right in a way because the wording on FXCM's website is slightly misleading "A stop-loss specifies the maximum loss that a trader is willing to accept on a given position.". A new and/or inexperienced trader could easily take that literally, ...

Any brokers guaranteeing stop loss protection?

Sure, they have no reason not to treat it like any other trade once they've hedged risk with their liquidity providers (probably at a better price), they've made their few thousand bucks already, why should they care what happens next? In fact they ...

OANDA Discussion

I wouldn't call protecting themselves against being exploited 'kinky', it's just good business sense! I would much rather know that my broker is doing his best to protect his interests and remain solvent, if I suspected he wasn't I would be out of ...

OANDA Discussion

lol, well exactly! So if they've got someone consistently and sucessfully exploiting latency the solution is simple, when the order arrives at their server it will check that the ticket price matches their existing market price, and then fill, in ...

OANDA Discussion

lol, now that would do it

the worst indicator and system that you used before!!

Perfect example, I personally know a trader who scalps off a tick chart with a bucketshop and has done for years! I bet for every person who says a strategy, indicator, or trading style doesn't work there will be someone somewhere who is making it ...

the worst indicator and system that you used before!!

They're not really operational details, it's basic information which any marketmaker will give you freely if you ask them. I think what people need to try and do is get away from the bucketshop conspiracy theories which are propagated around the ...

OANDA Discussion

Closing an account is a last resort because they would lose revenue, there are much better ways to dissuade a client from exploiting latency such as delayed execution and filling at their actual market price, in effect a sort of automated manual ...

OANDA Discussion

So you can do the opposite, right I think you'll find the idea has been tried before and it didn't work then either because it's not the system or indicator which makes/loses money, it's the trader himself. A controlled study was done at some ...

the worst indicator and system that you used before!!

It's not the size of your trade which matters, it's how you trade. Even trading 2k can put you on their radar if you're consistently exploiting an inefficiency in a marketmaker's system or price feed, they don't take kindly to being screwed

OANDA Discussion

I don't think it's just a case of being able to handle losses, why allow a winning trade to go into loss in the first place, especially for a strategy like this one where apart from price there's no other indication to say the trade is right or ...

Catching the morning train

lol, yes the vendor must have been stuck for a catchy name! It's been adapted from the original formula slightly but it's a similar strategy to the one in this thread except it's 15 minute bars with a reference price of the close of the 7am bar UK ...

Catching the morning train

There's a few of them, BigBen, Formula 171322182723, I think they all work on the same breakout idea pretty much.

Catching the morning train

I agree, and it would be more relevant to what this strategy is actually looking at, traders getting to their desks and positioning themselves at market opens.

Catching the morning train

markmm, are you saying 8am GMT or 8am UK Time? UK is now on BST (British Summer Time) which is GMT +1 InterbankFX charts are 1 hour different to BST at the moment, I'm not sure if they change them. I've seen a similar strategy to this but using a ...

Catching the morning train

Ah right, that's not good then, sorry I didn't realize that. There must be a reliable site somewhere which tracks performance, I'm sure I've seen a few in the past but I can't find the links now.

Prove profitability without revealing trade conditions?