Man, you nailed it. I was a professional online poker player until the US took that away. Went to forex and now they are doing the same. Doesn't matter if you're supporting a family with the additional income, if it doesn't benefit the government ...

Forex - A negative sum game for losers

Another great by-product of the ridiculous regulations in the US. Nobody even trades anymore. Are the markets open today? EURUSD range is 40, GBPJPY is 70!!!!lol. Thanks CFTC

Help!!! US Traders, We Must Stand Up and Fight

Your odds of being a profitable trader are greater than the lottery or gambling in Vegas. So are the regualtrs going to shut down the lottery, Las Vegas and online gambling. No. Do you know why? The government profits from those. Only reason ...

Forex - A negative sum game for losers

Anyone who continues to trade with FXCM is an idiot, plain and simple. You people cannot be this oblivious. You are trading with a broker who has been caught cheating clients for years. They set up a friggin LP that where they shared the profits so ...

FXCM Discussion

Are you serious? How friggin stupid do you take us for? You've been busted OVER and OVER and OVER and OVER and yet keepcoming on here touting how great FXCM is!!!!! You've got to be kidding.

FXCM Discussion

Lol. Well then here I go again. I see you are in the US, so you basically have 3 options: 1. Trade with Forex.com or Oanda, one of which is know to be a complete scam and other has pricing that is double of my (you guessed it) offshore broker. You ...

FXCM Discussion

Because our stupid friggin regulators are "protecting" us from the superior brokers in other countries. You know, where they actually give you decent leverage, don'tnhave FIFO and most importantly they acually PROTECT your funds. The better question ...

FXCM Discussion

Absolutely correct, my offfshore broker charges $2 per 100K and my spread on GBPJPY is 0.2 as we speak. Yes, that's GBPJPY. Absolutely has been done by the regulators, whose entire purpose is to get everyone back to futures, only way to do it is ...

OANDA Discussion

Is this going to be an ECN model or will Oanda still be holding the other side of the trade?

OANDA Discussion

That's the irony of it alll, as much as the CFTC claims the regs are for our benefit, it is actually they who PROHIBITthe brokers from offering protection of our funds, the brokeers don't mind doing it. All of the US brokers who had offices in other ...

OANDA Discussion

I pay taxes on my profits every year, just as I would if I were with a US broker. I am only trying to avoid the ridiculous regulation, I am not trying to avoid taxes.

OANDA Discussion

Wow, for 3 years now I have been letting everyone know this. You need to be offshore, funds are just as protected (i.e none) but you only need 10% on deposit for margin. Most US traders are brainwashed into believing these regulations in the US ...

OANDA Discussion

Amazing isn't it. I've been with my offshore ECN for almost three years now. Yet the most ridiculusly regulated country in the world allows their brokers to get away with whatever they want. They have no idea what they are even regulating. Their ...

FXCM Discussion

What about the liquidity provider owned by FXCM? Conflict of interest there, maybe? lol. What a joke. to come on here and continue with the bullshit that FXCM is a reputable broker is a complete insult to everyone's intelligence.

FXCM Discussion

With lower ranges come smaller targets. With smaller targets come smaller stops. Simply increase your poition size while still risking same % due to smaller stops. As several have mentioned already, simply adapt to what you can control.

Since when is London the crappiest trading session?

Still plenty of opportunity. Don't trade the shitty USD pairs. EURCAD, EURAUD, GBPCAD, GBPAUD and GBPJPY still have 200 pip range most days and they trend much smoother.

Since when is London the crappiest trading session?