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pipmutt replied May 31, 2008And? Makes little difference, most if not all are counterparty and trade for themselves, what you think anything under 500k is STP?
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pipmutt replied May 31, 2008GFT, what a manipulating bucketshop, I had more reversed profitable trades on supposed 'invalid rates' than anywhere I've ever traded, strangely no losing trades were ever reversed! That was nearly a couple of years ago but apparently things haven't ...
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pipmutt replied May 31, 2008lol, have you been dreaming again fxtrader42
Last time I looked you were having difficulty working out how much a pip was worth on a 150m trade in this thread url . First you thought 5 pips was 750k, then you decided the value of a pip was 75k, ...Spreads poll
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pipmutt replied Apr 24, 2008"The value of a pip for that trade is def. 75K. I had 750K in my head because I was first referring to what it would be like to be down 10 pips on the trade. Which would be 750K, going into that trade with a 5 pip spread would obviously cost 375K." ...
MarketMakers
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pipmutt replied Apr 24, 2008I'm surprised you needed to ask. Most traders, let alone 'bank' traders, can count. Things like pip value become second nature. Tell you what, you be whatever you want to be as long as it makes you happy, after all this is the internet
'nuff said ...MarketMakers