FXDD among others state the funds are still held in Bank of NewYork. Even though your trading account lies in Malta. The funds are held in USD. To have to check that box don't the funds have to be foreign? How could the IRS prove they are foreign? ...

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

Farm Bill ala~mode — Nothing. That's the power of the rule and law passing entities of the USA. Make you think it has nothing to do with you so they can tack on all kinds of provisions at their own whim. Much in the same way a trojan horse is ...

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

Now it would be really funny if enough people got together and a cease and desist order was handed to the CFTC. That would be hilarious. Not that it would be even possible, but I find it amusing at least. I don't see any reason you couldn't bring ...

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

I said it already. It depends. 1. what is your original equity from opening the positions? 2. Are you net positive or net short? (profit or loss) 3. Are any trades net positive? 4. What is price action telling you? If we are net long and price rises ...

What's the point of hedging?

Think beyond my preconceptions? Is this my strategy or yours? True, but you miss the point of not caring which direction the pair goes. If you close one side out you care a heckuva lot more which direction it's going no? It depends. 1. what ...

What's the point of hedging?

yes of course. I tend to focus on the positive. Whether I took it out of context or not it fit the parameters of what I was trying to say or was that over your head? Sorry 'bout that.

What's the point of hedging?

You didn't read "EXACTLY" what I said I did. Sure it's a net exposure of zero but at the time I open the sell I have a profit of +25 on the buy side locked in. So this is not to say that I would do it exactly this way but to show you I am not just ...

What's the point of hedging?

For your response to be "politically correct" it should read: What do you expect in a country run by conservatives for the past 8 years and only in control by liberals for one year? --------- If the conservatives were any good in this country we ...

New Leverage rule for FX COMING?

excuses for thought are a dime a dozen — I did it as a way to offset risk. Wasting money is taking repeated losses because the direction is not clear. If I or anyone else used your mentality it would be equal to this: I don't understand ...

What's the point of hedging?

"A public opinion poll is no substitute for thought." ~Warren Buffet

What's the point of hedging?

I traded it live for over a year. If you have a system without DD then you aren't trading lol. Anyway you're right... it's impossible.

What's the point of hedging?

Sorry I didn't mean to make this political, it is only about spreading the word and I think we should take as many avenues as possible to get out what these new rules will likely do to the U.S. industry. He is the first president to allow you to ...

New Leverage rule for FX COMING?

If I'm wrong why is Hedging in the same account illegal in the U.S.? Look at me history matee, I have been a member here a long time and most of my recent posts are concerning the 10:1 leverage change by the CFTC. Then you quote me to make me look ...

What's the point of hedging?

JOBS — Send some letters to the president. This farm bill came about before Obama took office. If he is serious about finding ways to create jobs he should be serious about keeping the high paying jobs we currently do have. That's precisely ...

New Leverage rule for FX COMING?

The hedging people are describing here is not the same as what you are doing. The hedging people describe here is not really hedging but off-setting risk and it's clearly over your head. We know having 3 buys and 3 sells in one pair is a full hedge ...

What's the point of hedging?

Well the spot Forex is an off-exchange market. If we aren't trading the actual market how could we influence that same market irregardless of how long we hold a trade or how big the position is?

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

You might want to talk to the NFA in regards to FIFO. If that wasn't to discourage the use of stops among other things then what is? Run stops to get liquidity? If the market needs liquidity why not jump outwards to attract additional orders? Oh ...

10 to 1 You're done...

Pipmutt, would rather see you on welfare. He would endorse the check every month. This way you won't hurt yourself.

10 to 1 You're done...

Basic Freedom — remember this quote of yours the day you can't get filled to save your life. if someone views forex as a lottery who is it of you to decide if this is right or wrong? you likely biznatch and moan about people on welfare, but ...

10 to 1 You're done...

signed and commented. Really happy to see people getting invovled in this. Spread the word y'all.

10:1 Leverage Have Your Say (Offical Petition)