Not to be pedantic here, but 80% win rate doesn't mean that from every 10 trades you'll have 8 winners and 2 losers. 80% win rate is perfectly compatible with 10 loses in a row. This is not at all as rare as you might think. So the win rate is only ...

Stating The Obvious and The Quest For Wisdom

The chart doesn't take into account possible slippage/spread/scaling into/out of. That's why I asked how much he captured. The percent is relevant, otherwise newbies will try this hyper-leveraged and lose 25% of their account. Darkstar, you should ...

Stating The Obvious and The Quest For Wisdom

How many pips did you captured? By what percent did you account grow?

Stating The Obvious and The Quest For Wisdom

Nice one, attack me for being a shill. Look at my post history. When I mentioned FXCM was either when talking about the ticks I downloaded from them (and from Dukascopy, GAIN Capital and dbFX) or when I appreciated that they are big and well ...

FXCM Discussion

You implied that the banks don't have any reason to compete for FXCM orderflow. I just gave you a reason - access to uninformed traders. Here, the same thing in the US equity market: url The payment is translated to lower spreads/commissions for ...

FXCM Discussion

Jason, is there any difference between trading forex through a normal FXCM UK account versus a CFD one? I seem to remember that on CFD accounts you had a minimum distance from the market where you could put your limit orders. So, what are the ...

FXCM Discussion

Wow. Go read a market microstructure book. Banks love trading against retail flow, since it's the most uninformed flow you can find. For somebody talking with interbank traders like you do, basic stuff like this should be obvious. And good luck ...

FXCM Discussion

95% of traders lose money. Which means that 95% of their beliefs are wrong Or how another person on this forum put it, "95% of traders lose because they are taught how to lose on forums like this". @Parazite: I've read a lot of quant papers, and ...

Stating The Obvious and The Quest For Wisdom

Macro funds use automated systems only for position entry/exit. The decision on what position to take is made by humans.

A Systematic Approach to Markets

This was about FXCM Pro, not FXCM. Executable Streaming Prices are by definition "not subject to approval". You say that 99.99% of the market is made by the market makers, and only 0.01% of the market are clients, right? And stop hunting is the name ...

Systematic trading

What about something like this, where the broker is your agent (and obligated by contract to give you best execution possible): How will they scam you in your opinion (because you said that CME is the only non-scam posibility for a retailer).

Systematic trading

No, this is not what you see. This is a microstructure question. For the long answer, read this book: url

Can shorting and instrument drive up its price?

What do you mean that the bank did undo your trade? We're you filled and after a time (how much) the position was closed by the bank? Or were you not filled at all despite the price just touching the limit? In the second case there is another ...

Systematic trading

I've also investigated various back-testing platforms before deciding to roll my own. MT4 is one of the worse one. RightEdge is nice, you can write your own data plugin so that you can use your own ticks (I have tons of ticks downloaded from various ...

Systematic trading

The problem with a long straddle is that it loses money (the premiums) if the price doesn't move. And they are priced in such a way that the expected volatility is priced in (the implied volatility), so in general you can't win unless you have a ...

Options trading - Guaranteed Profits even for Newbies?

I believe returning 0 is worse than just crashing. Dividing something by zero should return infinite if anything at all or the largest possible value (LONG_MAX, FLT_MAX), not zero. How do you know it's a benign error? Maybe because returning 0 the ...

Note to programmers: Division by zero errors

Guess what broker you'll probably be using if buying the robot from them? And guess what kind of leverage will people be using knowing that it's a proven robot. It will be very tempting to fade or spike the robot... BTW, their own robots are ...

Forex Robot World Cup?

If you'd read their 60 page contract, you'll see that yes, you can lose more than your account. BTW, even brokers which say that you can't (like FXCM), only guarantee this in "normal" market conditions. Under "Force Majeure" you can remain in debt ...

Alpari UK enormous spread

I have investigated it for tick storage and found it sub-optimal (at least for me). The main issue is that it's designed for massive data which does not change. Meaning that you must specify the size of the array (ie: 4 mil ticks). Adding new ticks ...

HDF5 for Tick Data

Yep, it was an intervention. url BTW, EUR/CHF is known for interventions (even 400 pip jumps in a few minutes), so trading it with such leverage that a 200 pip move wipes you is not a wise thing to do.

Alpari UK enormous spread