This isn't exactly true. A successful professional poker player will transition to trading far better than your average person. This is not because the two endeavors have any intrinsic similarities, but rather because the psychological factors that ...

Higher Edge within a Single Candlestick

Yeah, I know. That was on Aug 29th and they sent out a mass email to all their clients saying that there was bad quotes from a liquidity provider and they were refunding traders who were affected.

Do Brokers Ever Give Refunds For This?

Yeah, I usually avoid it too but I goofed up and forgot about this one. I entered the trade about 15 mins beforehand not realizing it was coming. Rookie mistake.

Do Brokers Ever Give Refunds For This?

Thanks. I withdrew $200 from them about a month ago and it was a breeze. Customer service has always responded to me. So far I haven't had anything to complain about with them.

Do Brokers Ever Give Refunds For This?

Yes, I sent them an email earlier today... just wanted to get some FF members thoughts as well. I will update this when I get a response.

Do Brokers Ever Give Refunds For This?

Perhaps, but that was over less than 300 trades, which in my opinion is a pretty small sample for someone who day trades. I dont think much can be made of these results, as variance is still a real part of the overall picture. And today certainly ...

Can we really beat trading costs?

The other explanation is because I am trading on an ECN. If you're not trading on an ECN platform then, no, you wouldn't have a gap because a non-ECN essentially has virtual liquidity. An ECN is directly dependent on their network of liquidity ...

Do Brokers Ever Give Refunds For This?

I did send them an email complaining about my stop loss not getting filled, but I highly doubt it will matter. Slippage is common during events like these. I just happened to be on the wrong end of an extreme case of it.

USD/CAD

So, like an idiot I had forgotten about this announcement and had gone long USD/CAD about an hour beforehand. I had a 15 pip stoploss that completely got blown through. When I finally did get closed out, my stoploss had slipped more than 200 pips ...

USD/CAD

Depends on what you're looking for/how you trade, I suppose. I've been at Tradersway for a while now and can't really complain. Execution is good. Customer service is ok. Slippage is minimal, even during high impact news.

Can we really beat trading costs?

Yeah, but not for me in the US. And I'm yet to find one ECN for US traders that is commission-free.

Can we really beat trading costs?

I explained it in the first post. Works out to $0.70 for 0.1 lots.

Can we really beat trading costs?

And sadly, neither accept US clients.

Can we really beat trading costs?

It does make a difference for my trading approach, which is why I trade an ECN broker and not a market maker.

Can we really beat trading costs?

If your only cost is spread then you are not using an ECN broker. With an ECN, the spread on EUR/USD is virtually non-existent (at this moment it is 0.1 pip). When you trade the approach I do, trading M5 charts and using very tight stops, this is ...

Can we really beat trading costs?

I wouldn't be trading with this kind of leverage on any substantial amount of capital. I started this account with $100 knowing that I was going to be trading with awful risk management at the outset because I really don't care if I lose $100. The ...

Can we really beat trading costs?

Huh.. Just like rakeback for poker it looks like I looked at the link. For my broker it would appear that you have to be setting up a new account?

Can we really beat trading costs?

Yes, but... My total commissions plus swaps are -$473.66 My total gross for the year is $1,564.30 (This is from an excel spreadsheet I use. I wasn't trading my current approach last year so factoring that out) -$473.66 / $1,564.30 = -30%

Can we really beat trading costs?