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BurgerKing replied Nov 16, 2008Though I agree that brokers will use all stops to screw us, I dont agree they will use this measure against us. Why? Any seasoned trader can use this against the broker either you use multiple brokers ans compare prices or do something more complex ...
The truth about retail Forex brokers !!
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BurgerKing replied Nov 16, 2008After getting my butt screwed by several USA based (NFA registered) brokers, I tend to favor NON-USA brokers. ODL is UK based and has fast execution; they dont like scalping though, so if you dont scalp, it will be OK with them. However, most UK ...
Most Reliable Broker with MT4 platform
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BurgerKing replied Nov 16, 2008Why is GFT's order execution slow? When I traded there 2 years ago, I was told by GFT rep that their servers are slower than humans (more accurate, their dealers can execution thousands of orders far faster than machines WOW! They hired Flash?) - ...
MT4 Brokers' Virtual Dealer Plug-In
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BurgerKing replied Nov 8, 2008I personally have a bias against brokers, any brokers, when it comes to withdrawal. After all, "that is our money", so the one with the absolute right is the trader. However, broker have the option of checking, if there are any irregularities ...
Broker refuses to pay me!
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BurgerKing replied Nov 6, 2008There is no such thing as "Invisible SL/TP" unless you are referring to "Mental SL/TP" in which case, you simply manually CLOSE the position once your exit prices are met/reached
Invisible TP and SL
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BurgerKing replied Nov 5, 2008what airman meant was a script/ea that will automatically set the SL to BreakEven once a position is >=x pips profit.
Stoploss 0
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BurgerKing replied Nov 5, 2008Most brokers do not freeze on DEMO accounts.
Stable Platform for News Trading?
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BurgerKing replied Nov 5, 2008A friend who trades >1,000,000 (10 standard lots) a day could not get any discount. He went to Dukascopy. Some say they got discounts even with lower volume.... Honestly, with MBT's current huge commission, and not so really tight spread, I would ...
MB Trading Futures - Introduction
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BurgerKing replied Nov 4, 2008I prefer to trade using EA. EA's clearly follows trading rules we specify and endlessly monitors the market non-stop. I was elated when someone informed me that he was designing an MT4-MBT bridge so that I can run MT4 EAs to trade at MBT. Months ...
MB Trading Futures - Introduction
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BurgerKing replied Nov 3, 2008Like I said: If they dont widen spread, you can beat them at their own game/rules! If not, get out. And if you still dont want to get out, then suffer the consequences. If you so like programming, then move over to MT4.
CMS Screwed me
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BurgerKing replied Oct 29, 2008if they dont widen spread, then you can use it against them. Place a LIMIT BUY. SELL instead! if it spikes, you will be riding it back! it worked for me with Royal; made about $1000 and they cleaned their acts afterwards. Royal nonetheless found ...
CMS Screwed me
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BurgerKing replied Oct 23, 2008So, in the end, you did not make any money and instead paid the broker for the swap and commissions as against depositing the same money into a bank (much safer than with a broker) and earned interest safely. 1:1 leverage suck!
IDEAL PRO is driving me nuts! Please help.
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BurgerKing replied Oct 23, 2008PIP value is the sole number where all others follow. It is the absolute ruler. ie, If you made 100 pips, it is 100 pips regardless of currency pair you traded. However, when converting to actual currency (ie, USD, EUR, JPY) in which your account is ...
IDEAL PRO is driving me nuts! Please help.
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BurgerKing replied Oct 23, 20081800 pips profit * USD17.0317 per pip = USD 30,657.06 not including any COMMISSION or NEGATIVE SWAP or whatever fees your broker charges for open positions. What you have shown deviates by USD60 only or about 0.1% which is due to the actual price in ...
IDEAL PRO is driving me nuts! Please help.
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BurgerKing replied Oct 22, 2008Plain and Simple, this is 1800 pips profit. You either earned USD1,800 (or EUR2,318.40) on a mini trade, or USD18,000 (or EUR23,184.00) if it was a short 1 full lot. correction: You either earned USD1,800 (or EUR1,397.51) on a mini trade, or ...
IDEAL PRO is driving me nuts! Please help.
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BurgerKing replied Oct 22, 2008If you are American, the best choice for you (and your 6 digit account) would be an American Company as well (think Buffet - Patronize your own). And in case it bellies up (like Refco, FXQL, 1World, UGM etc), you have the all mightly NFA, CFTC to ...
I'm looking for a broker that's safe with large deposits, and has good GJ Spreads
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BurgerKing replied Oct 21, 2008Maybe, those Nigerian Scam Emails are the reason for the attitude towards Nigerians. I receive alot of these in the past though lately, it has changed location and claims they are operating in London. No offense intended. If this is the case, I ...
MT4 broker needed for nigeria
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BurgerKing replied Oct 16, 2008There are several bugs i find in your script. if(MessageBox("Do you really want to BUY .10 "+Symbol()+" at ASK price? ", "Script",MB_YESNO|MB_ICONQUESTION)!=IDYES) return(1); RefreshRates(); This will ensure that you have the latest Bid, Ask values. ...
Buy Sell Script
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BurgerKing replied Oct 14, 2008IBFX * Fast Execution (within 1~2 seconds) * Fast Withdrawal (within 24 hrs) * Wide Spread Ikon-Royal * Fast Execution (less than 1 second, any market condition) * Fast Withdrawal (within 24 hrs) * Wide Spread BucketShop A * Extremely Fast Execution ...
MetaTrader4 Broker with low spreads and best execution?
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BurgerKing replied Oct 14, 2008void MagicClose(int MagicNumber) { for (int i=0; i<OrderSelect(); i++) { if (OrderSelect(i,SELECT_BY_POS,MODE_TRADES) && OrderMagicNumber() == MagicNumber) { if (OrderType() == OP_BUY) { ...
Closing Multiple Position By Magic Number