Third. When you're trading with that amount of money, things like low spread and what not should come second. Your first priority is protection of your assets. Interactive Broker insures accounts up to $1 million. IB has over $1 Billion on hold with ...

Is it safe to deposit $50,000 in a single broker?

Dukascopy and MB are not ECN. They're market makers who take the opposite side of traders. From Dukascopy Trading Agreement. Can be found here: url Traders really need to read their brokers legal matters.

What does "no dealing desk" really mean?

A bit early for LONGS. No valid reversal signal yet. url

EURUSD

From what I remember, their order execution was bad. If you are a "Market Order" swing type of trader, then they weren't the broker for you. Stop/Limit pending orders were ok, like every other broker. This was a few years ago, don't know whats going ...

Anyone using Saxobank as a broker?

A lot Non-Dealing Desk brokers masquerading as ECN are actually MM. Read through a lot of ECN's Terms and Conditions Disclaimer and you'll see a clause vaguely stating if, their automated system unable to match buyer/sellers, the broker will be the ...

What does "no dealing desk" really mean?

I completely agree with that. No business needs anyones email address before the question is even asked. I'm a client with GFT and have no problems with giving them my email address, to help located my account. But if I was not a client, what do any ...

Broker wants email address to provide support

A friend of mine was overly excited about Duska's new low entry rate. He quickly jumped on that deal. I'm looking forward to get his review on it. Duska's clients rate will jump up ten folds because of this.

Beat brokers at their own game - trading round figures

Whole numbers are a staple in my market trading strategy and analytics. Whole numbers are not new but it seems traders are just picking up on the concept. I realized whole numbers about 10 years ago trading equities, when I realized price seems to ...

Beat brokers at their own game - trading round figures

WSJ reporting: Overall, the U.S. economy lost 131,000 jobs, largely because temporary census positions were eliminated. Talk about the irony. LOL

EURUSD

No. Stick to the higher timeframes until you're profitable for the next few years.

I am demotivated...

Mike, thats what I was gonna recommend. First, scott89, you need a break and 2 weeks will not cut it. try taking a quarter (3 months) off to clear you mind completely of trading. As Mike said, it sounds as if you're over complicating trading. 98% of ...

I am demotivated...

Trading news is the same as trading equities during expected major news. Even equity brokers have hard times filling shares. Plenty of times I get a hot tip on a company and my primary equity broker doesn't have enough shares to sell. In a lot of ...

News Trading With Futures Vs Forex

As I said yesterday, I'm still expecting higher highs. url

EURUSD

Pipmutt, don't tell 'em anything. They'll find that fact out when they've blown 5-6 accounts. I think most of us found that out, the hard way. I know I did.

Let's move the market!

Speculation, Non-Manufacturing PMI is expected to fall. Most traders are holding their LONG positions.

EURUSD

USD is not the favorable pair at the moment. Most EUR pairs will probably continue to gain.

EURUSD

Anticipating Bullish channel to hold; spring boarding EU to Higher Highs url

EURUSD

My broker GFT is pushing the 5th decimal next month or so. Not entirely happy about it and have voiced my opinion to them about it. There will be no 4 decimal option available once 5th decimal is introduced. I've yet to be told a valid enough reason ...

Broker gone to the dark side

I wouldn't call 2pip spread a RED FLAG. GFT offers a 2pip spread on EU 90% of the trading week, while a 3pip spread 8% of the trading week. If you watch the market 24/7, at times of low liquidity/volatility you might even get 1% spread and in VERY ...

Has anybody got experience with Deutsche Bank (DBFX)

Unless someone works for a bank, its really hard to tell if that idea is a fact. What is a fact, is a lot of employees in the US do apply for vacation time during August/Sept to prepare their children for back to school. The vacation days are ...

August volatility