We are already req'd to declare FX profit on line 21 of our 1040. or Sch _ if you itemize/have an entity. The Podcast was good, but remember, they are in the dark as much as we are; No one truly knows what is going thru the CFTC'c mind right now. I ...

Non-US Broker Question

Here are a couple other links: url url The more I read, the more convinced I am that Dodd-Frank Act will not effect off-shore accounts/brokers... at least not directly. Just remember, every country on planet earth is going through the same ...

Non-US Broker Question

I hate it for making me wait so long before pulling the trigger.

I love Trading

I love trading because I have a secret desire to destroy myself.

I love Trading

Bring it! I saw your comment about about S&R, but there are different methods for determining. And, even after one does figure out valid S&R, then what? How do you determine whether price will respect... or do you even have to? What about head ...

steelhead trade journal

The questions was, Do you have to...," not can you. There are good reasons not to report a loss if the $ amt is fairly low.

Basic US Tax question

No.

Basic US Tax question

There's no such thing as too high/low -- overbought/oversold. Price is only relative.

A couple of statements about the FX market

Excerpts from the Dodd-Frank bill: Dodd-Frank SEC. 742. RETAIL COMMODITY TRANSACTIONS. PROHIBITION-‘(I) IN GENERAL- Except as provided in subclause (II), a person described in subparagraph (B)(i)(II) for which there is a Federal regulatory agency ...

Could 10:1 be the new leverage in US Forex?

Amen!

Could 10:1 be the new leverage in US Forex?

Dude, that's exactly what Twee just said. Go back and reread his comments. I think he's being extremely fair and well balanced.

Jacko's Forex House of Pleasure and Pain

You guys should compile all of these into one file and shoot it of to apa.org I think its' time we (re)evaluate LSD, carpet cleaning chemicals and/or rocket fuel as potential treatment. We can use a standard beer bong to dispense the drugs.

Jacko's Forex House of Pleasure and Pain

I wish I could say I haven't had the same experience... very frustrating. After a few occurrences, I had to ask myself, "Do I really trust them?" After I understood a little more about why it was happening; high volatility, I loosened the reigns. ...

Deutsche Bank FX (DBFX)...post experience!

You must have been drinking (again).

Jacko's Forex House of Pleasure and Pain

I think this is more a factor of market liquidity than dbFX specific. And, if you are trading that kind of size, you really need commercial order management tools to iceberg the trades.

Deutsche Bank FX (DBFX)...post experience!

The regulators could care less about retail traders. Their only motivation is to look like they are doing something. We all know the large banks, brokers, hedge funds, will find ways around whatever is enacted. Unfortunately, the little people, will ...

Could 10:1 be the new leverage in US Forex?

With all the millions of transactions, and massive trade data that go thru the Brokers, don't you think "they" have enough statistical data to know where the danger zones are for their clients? How do you think traders live everyday with 10 pips or ...

If you make money, does Oanda make money?

They did get their license which is great news.

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

100% agree. Report it to the Feds and local authorities. The fraudsters are already pulling up the tent stakes and some of them are posting in this very thread to put doubt in your minds to create hesitation. 1. Report to all authorities. 2. ...

Jacko's Forex House of Pleasure and Pain

This is normal behavior for fraudsters. I used to know a couple girls who worked, accounting, for a very wealthy individual. Every several weeks they would withdraw $5-$15K from the account and go on buying/party sprees. When they needed more, they ...

Jacko's Forex House of Pleasure and Pain