Agreed, advertising hype....weight loss programs, horse racing tips, beat the casino systems, increase the size of your equipment! But isn't that what advertising is all about, selling the dream? Your idea of requiring brokers to publish hard facts ...

Class Action Lawsuit Against FXCM

lol, ya gotta luv the naivety of the average n00b though, they expect tight 1 or 2 pip spreads, instant fills with no slippage regardless of market conditions, no commissions, ridiculous returns.....and all this trading micro lots with a few ...

Class Action Lawsuit Against FXCM

I'm not convinced it does. When it comes to brõkers being counterparty, as I understand it they have to be as no agreement exists between liquidity providers and clients. Sounds logical that they would need to be counterparty in that case. I think ...

Class Action Lawsuit Against FXCM

Especially seeing as the vast majority will eventually give their money away without any help or hindrance anyway! I wonder if there's any truth to the rumour that brokers categorize clients into groups ie consistent winners, consistent losers and ...

Class Action Lawsuit Against FXCM

I think they'll also need to bring down commissions if they ever expect to lure punters through the door, as it is it's not a cost effective alternative. Excellent idea, now that's worth petitioning for more than leverage and nedging! Is there any ...

Class Action Lawsuit Against FXCM

What is it these shysters are doing that you find so objectionable? Seriously, maybe if we air our concerns and suspicions in a business-like manner then 'Jason' will reply with a rational and feasible explanation like he just did to dragan. That's ...

Class Action Lawsuit Against FXCM

Sleight of hand, or legitimate tactics to protect their bottom line in volatile markets? I really think we need to weigh up the pros and cons of these brokers. Sure, none of them are snow white but without them our opportunities are limited for ...

Class Action Lawsuit Against FXCM

What is it with this MT4 plugin obsession, do you really think other brokers don't incorporate similar technology into their platform and software? Oh boy, anyway I'm out of this thread if it's gonna end up just an FXCM bashing exercise.....

Class Action Lawsuit Against FXCM

Can't see that happening myself, either it will be dropped (or whatever the US equivalent is), settled, or there'll be a counterclaim. I expect FXCM have everything covered in the small print somewhere, best price, counterparty, OTC etc etc etc, ...

Class Action Lawsuit Against FXCM

. "......falsely portraying its Forex trading platform as a fair, transparent and true foreign currency exchange......" No! Really!! You mean to tell me retail forex trading isn't fair, transparent, and a 'true foreign currency exchange'? Aww c'mon, ...

Class Action Lawsuit Against FXCM

Ok, I guess......

Self-help mentality

Perhaps that's the evolution of a retail forex trader, we eventually come full circle but need to go through that process first. Personally I think it's a futile exercise, the very nature of the underlying market and it's non-transparency, bluff and ...

Self-help mentality

Well there's only so much research one can do on say trendlines and such, over-analysis is just as bad as under-analysis. A simple strategy can be employed extremely effectively, and profitably depending on how it's traded. I suppose my point is ...

Self-help mentality

Some sage advice, and your 'About' has some good stuff too imho.... ------------------------------------------ "My goal is to be a disciplined trader by sticking to my trading plan and risking less than 3% of my account balance on any one trade. No ...

Trading psychology - GREED - A trader's malady

How about this thread, there's even an EA for it!

Gap Trading Knowledge Resources?

Ah ok, I was going by the description Custos gave....... Sure we adapt strategies to suit ourselves, and I think it's that process itself which helps us understand what trading is all about, the adapted strategy isn't really instrumental in helping ...

Self-help mentality

Ok, so forex trading might be the niche itself but what's a niche in forex trading and why would you need one?

Self-help mentality

That's a whole other conversation, but whether it is or not is immaterial, in retail forex trading you're not competing with anyone for anything. Sure liquidity might dry up now and then but that's the only 'competition' you're likely to face in ...

Self-help mentality

You do? Well let's hear a summary cos I'm not sure I even know what 'gap trading' is! I'm guessing it has something to do with trading weekend gaps on the assumption they will be filled maybe?

Gap Trading Knowledge Resources?

I'm interested to know why a couple of you think a niche would be helpful, retail trading isn't competitive so trying to find something unique which no-one else has thought of isn't really going to help is it, in fact quite probably the opposite! As ...

Self-help mentality