- Search Metals Mine
- pipmaster77 replied Oct 27, 2016
Still doesn't address the issue of having 90% less money at risk. If I am trading a standard of GBPJPY with a 50 pip stop, I am risking about $500. I only need $400 in margin, but I'll use $500 for the 50 pip stop. With a US broker, I need $4,000 in ...
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
When you lose, they win and vice versa. It's right there in their terms and conditions. You are oblivious to think they don't play games. They control the software in a game that has a complete conflict of interest with you.
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
What happened with OANDA when the GBP dropped big a couple of weeks ago? It's fact, I'm not making it up. If you want to deposit $5,000 for margin to execute the same size trade I do for $500 in margin, more power to you. Your funds are not ...
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
Only accounts over $10,000 and I do report them. This not about taxes, I pay mine just as if I earned the money with a US broker. There is absolutely no law prohibiting me fom trading with an offshore broker. I simply chose to only put 10% of my ...
Need US broker for a large account
- pipmaster77 replied Oct 26, 2016
I, too, am a real trader. I have other sources of income, but forex is a significant source for me. I completely disagree with you. US brokers are absolutely corrupt. They freeze platforms, have random spikes,which cannot be found elsewhere and when ...
Need US broker for a large account
- pipmaster77 commented Oct 26, 2016
Yes, someone gave me a clear cut example the other day. All of the garbage music littering our top 50. There don't appear on other countries charts. Nobody signing about bleached assholes and shooting police and dealing drugs, etc. Haven't checked, ...
Trump Has 2-Point Edge in Bloomberg Politics Poll of Florida
- pipmaster77 commented Oct 26, 2016
He is also going to dismantle Dodd- Frank, which is great for forex traders and get the government out of things they don't belong regulating.
Trump Has 2-Point Edge in Bloomberg Politics Poll of Florida
- pipmaster77 commented Oct 26, 2016
Like him or not, your other option is to elect someone who should be in prison as President of the US. Just dig below the surface a little bit. As far as war, atleast we can fight back,with our other option we will just let terrorists continue kill ...
Trump Has 2-Point Edge in Bloomberg Politics Poll of Florida
- pipmaster77 replied Oct 18, 2016
So the point here is, let's say I didn't have $2,000 laying around for margin, my family would be out $800 in income. Anyone else think that may impact a family of six? What % of families that size do you think have $2,000 in disposable income to ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 18, 2016
Closing now for over $800 profit. Once again, I used $134.40 in margin. I would have needed approx. $2,000 in margin with a US broker. Folks, once again, we are being completely screwed by our government. What I am doing can be done with a regulated ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
So where is the liquidity in THE PAIRS I TRADE, not what you trade.
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
At this very moment, I am short one full lot of EURAUD. You know how much margin I'm using? $134.40. I'm up $510. Show me how I can do this in the way you are suggesting and I'm all in.
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
Can you point me in the direction of liquidity for EURAUD and GBPAUD? Or once again, as in online poker, I should just give up my income to over regulation? I have a family of six and the extra money I earn in forex and used to make in online poker ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
In my opinion, there is way more money to be made in spot. This is why everyone went to spot in the first place. Now they have put regulations in place whose sole purpose is to bring that business back to futures. I also trade crosses exclusively, ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
Precious metals and the stock indices in the spot market. I don't care about the writing being on the wall, it is still about having the same freedoms as everyone else. You, my friend, are the one missing the point. This country over regulates ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 17, 2016
Well once again it is a thread that has become completely off topic. I was not looking for options other than spot forex. If I wanted to trade futures, options or equities I would do so. I am looking for a solution for all of us to be able to trade ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 16, 2016
$30,000 to trade $3/pip. Exactly my point, I can do that with $60 in my account offshore. Of course, that only allows a 20 pip stop. Bottom line is if I use a typical 50 pip stop, I need $150. Why should I need to put up $30,000 to risk $150. It ...
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 15, 2016
I only use 3 brokers, so I actually trade without a copier. I still distribute risk as if I have 3 open trades, one will be at each broker. However, I believe what you suggest may be a better option. Can you recommend any trade copier service?
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 14, 2016
Just do some research and than you tell me.
Help!!! US Traders, We Must Stand Up and Fight
- pipmaster77 replied Oct 14, 2016
So, just be like everyone else and give in. The whole point of the regulations is to bring the business back to futures. They needed to do this because everyone moved to spot. If futures is so wonderful, why did everyone move to spot and the only ...
Help!!! US Traders, We Must Stand Up and Fight