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NFA: No more manipulation

AdamN, If, despite all that's been said in this and other threads, you still think you need to use this type of 'hedging' strategy then the solution is simple, move your account to a non-NFA-regulated broker. Quite a few US based brokers are ...

Proposal to phase out Hedging

Well there you go, Merlin is offering 100k or even 1 million dollars, I'm assuming no-one has won that wager yet! I doubt anyone in this thread is going to demonstrate how being flat is profitable, or that nedging is not in fact less profitable than ...

Proposal to phase out Hedging

They have, but for NFA regulated brokers not for long ".........For orders executed after June 12, 2009, Compliance Rule 2-43(a) will prohibit an FDM from adjusting executed customer orders....." There are exceptions for STP brokers, details here

Canceling Trades because of volatility

nanningbob, even in the detailed example you gave of your strategy you were still net long or short at some point and that's what makes (or loses) money, there's no escaping that fact. Like you say there's probably little point in further debate ...

Proposal to phase out Hedging

While it's obviously true that everyone is entitled to their own opinion (and I absolutely agree, name-calling is totally unnecessary when attempting to express that opinion, shoot the message not the messenger), this isn't so much a case of opinion ...

Proposal to phase out Hedging

LOL, researching sounds like a whole lot more fun than watching a chart, is there anything like that for forex I'm not an expert on the subject but the most popular way of hedging currency exposure seems to be options, I saw Oanda have a simple ...

Proposal to phase out Hedging

Thanks for the links and references, oh and the explanation of 'nedging', it was a new one on me and as usual I guessed wrong! Seems I've repeated a lot of what has already been said by others, guess I should have read more first! (any plagiarism ...

Proposal to phase out Hedging

Yeah, see that's where I'm having a problem. A small target and by comparison high-leverage trade to wipe out losses, a quick fix and everything will be ok, and if it's not then let's compound the problem and start over. Murphy's Law says it's ...

Proposal to phase out Hedging

Thanks for that. I haven't done the math or worked out a hypothetical trade but doesn't overall profitability rely solely on the discretionary element of the strategy? As you say, at some point you need to know how to read the high and low and take ...

Proposal to phase out Hedging

Absolutely agree. Along the same lines how about increasing account size gradually instead of risk, ie setting risk to what you think it should be but on a smaller account. Although the bottom line would probably be the same it would test the ...

Experienced traders: How much to risk per trade?

I was just reading one of the links hanover posted (the one with the ABCD diagram) and it suddenly hit me why this type of hedging (nedging, lol) strategy is so popular among novice/inexperienced traders. The attraction is they are always banking ...

Proposal to phase out Hedging

Nedging....ok I give up, give us a clue! Negative Hedging? Never-do-it Hedging?

Proposal to phase out Hedging

lol yeah ok, avoid some of the potentially most profitable trading times, and don't take advantage of small fast moves! I don't think so somehow, especially when there's no need to

Alpari.co.uk Discussion

Which news are you talking about, the stress test results or the central banks and Trichet? I have no idea about volumes traded as I don't think there's any way of accurately measuring it, from what Reuters said many traders are on the sidelines ...

Alpari.co.uk Discussion

Redox77, you've obviously got an opinion and points to make which are no less valid than anyone else's but all the nonsense above detracts from the message you're trying to get across. Just my 2c, take it or leave it, just don't hold your breath ...

Proposal to phase out Hedging

Well no, that's the way the market operates, it's the nature of the game and a legitimate tactic of it's players. NFA are fighting the battles they can win, would you rather they left brokers to do what they like? Who else is going to referee the ...

Proposal to phase out Hedging

I wonder if it get as crazy! I sat in front of the screen absolutely mesmerized, I ran back to the nice smooth sugar-coated price feed and instant WYSIWYG fills of my bucketshop, to heck with the interbank market those guys are nuts! Good tip on ...

Alpari.co.uk Discussion

In this instance it doesn't matter who's on the other side of your trade, not being funny but what do you think bucketshops like Alpari and IBFX base their quotes on if not the underlying market and their liquidity providers price feed? Like you say ...

Alpari.co.uk Discussion

It will always be cheaper, brokers will never pay equal swap for long and short even if there is no interest rate differential. And I think that is where some of the problem lies. As Hanover said it's an illusion, what they should be basing their ...

Proposal to phase out Hedging