Restrictions? Yeah, way too much already. I used to think US is a free country. I never knew how much restrictions existed until there is something really affects me personally.

Extraterritorial power of the Dodd-Frank Fin. Reg. Bill

You mean Dodd-Frank Bill? Currently, it is a "Study". Wonder how you can give them comments?

Extraterritorial power of the Dodd-Frank Fin. Reg. Bill

If you want ECN's, MB Trading I find is the best. HotSpotFX used to be really good too but they have now chosen to offer their services only to clients of certain account size (above $5 million). The only thing I don't like about MB Trading is that ...

Broker Recommendation PLEASE!

And THAT'S where probability comes into play. Trading and actually investment in large is really a study of Probability. Each time when we are analyzing the market and contemplating whether to trade and how much, we are really doing a probability ...

Pro Traders in a Random Market

What's gonna happen after FSA has disbanded? Who's stepping into its place? The Bank of England? Even with the regulation of banks by the Bank of England, wouldn't that be a bit of Conflict of Interest?

Non-US Broker Question

Dodd-Frank Fin. Reg. Bill — Btw, this is the portion of the Bill that pertains to this "extraterritorial" power that gives rise to the title of this thread: Dodd-Frank SEC. 929Y. STUDY ON EXTRATERRITORIAL PRIVATE RIGHTS OF ACTION. (a) In ...

Extraterritorial power of the Dodd-Frank Fin. Reg. Bill

We will continue the discussion that REALLY pertains to the title of this thread. Pretend this is Oct. 19, 2010 and CFTC has just passed a law that reduced the leverage to a ratio that we cannot accept, what can we do? Under Dodd-Frank Fin. Reg. ...

Extraterritorial power of the Dodd-Frank Fin. Reg. Bill

No, I did present the correct mathmatics. If you have read my posts correctly, I stated that I have overlooked the practicality of it. And if I overlooked something, I am happy to admit it. And overall, I believe I have presented many valid points. ...

US citizens won't be able to have forex accounts overseas

Granted and I agree that this is difficult for a trader with limited funds to do and it takes a long time for a trader to do scrapping just 1 pip at all time. BUT don't forget this is NOT the only way to control risk, there are other ways to control ...

US citizens won't be able to have forex accounts overseas

Let's assume, for simplicity, he just made ONE pip before getting stopped out and he takes the profit of that ONE pip, and we will examine the profit return rate and the risk amount in pips that he can afford for his next trade under "margin-based" ...

US citizens won't be able to have forex accounts overseas

HOWEVER, it is NOT completely undoable; it's just very very difficult and requires a lot of discipline knowing that he has to try so hard to preserve his funds. First ASSUME he finds a broker that can offer tight spread like < 1 on currency pair(s), ...

US citizens won't be able to have forex accounts overseas

Before you go any further, I will say this. I do agree I did overlook the practicality of it and I am glad you brought this point up. I didn't have a chance to respond until now. Yes on theory, this trader is controlling the risk effectively but in ...

US citizens won't be able to have forex accounts overseas

Well no actually but I came to North America when I was in my early teens so I am used to it. I hope I haven't bored you guys with my blah blah'ing. I learned a lot from you, thanks.

US citizens won't be able to have forex accounts overseas

And this also proves WHY small investors are making money in Retil Forex PROVIDED: 1) They use this "fixed rate loss" system with a REASONABLE fixed rate AND 2) IF they are disciplined enough to ALWAYS cap the loss at the fixed % of their account ...

US citizens won't be able to have forex accounts overseas

Would I be able to get access to their feed of market stats also? Who would know this exhaustive list?

FXCM Discussion

See, this is what luckylady was trying to illustrate to pipmutt earlier. It is what's "available margin" that matters to small-capital investors. Without the high leverage rate that is the "margin-based leverage" that the brokerage offers, like you ...

US citizens won't be able to have forex accounts overseas

Haha, I think what that newer platform is. I think. Do I have to be an FXCM customer in order to use Marketscope?

FXCM Discussion

What programming language is it?

FXCM Discussion

This is EXACTLY the reason why I believe proposal for some sort of mandatory education is needed for Retail Forex trading industry and actually not just for Retail Forex industry but for any trading involving high leverage. So for any traders ...

US citizens won't be able to have forex accounts overseas