- Search Metals Mine
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pipmutt replied Sep 13, 2010They'll only share what they want others to know, and they'll have their own motives for sharing it, usually at someone else's expense! You make it sound like a social club or something, it's competitive business, they all need liquidity otherwise ...
No more BS - What have you learned?
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pipmutt replied Sep 13, 2010You can have clear rules, a trading plan, and a basic understanding of the market without unnecessarily complicating the trading process, ie keeping it simple. Sure, some people need complex strategies to give them confidence to place trades, others ...
No more BS - What have you learned?
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pipmutt replied Sep 13, 2010Do you really think institutional traders give a rats about what retail mini and micro accounts are doing, those trades rarely see the light of day let alone the market. They're not interested in taking our nickels and dimes....
No more BS - What have you learned?
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pipmutt replied Sep 13, 2010As mentioned, retail forex also has many plusses, trading with an MM can often be a whole lot easier/more profitable than trading exchange traded instruments, I guess a lot depends on how/when one trades and what one needs, one man's trash.....
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010Good question and it was a while ago since I compared the two (I was convinced that the game was rigged and my bröker was out to screw me, turned out I was just a crap-at-trading novice!). From memory they were sufficiently close enough, they must ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010You suspect right, it has to be, they're not in the risk business so obviously need to hedge exposure somewhere. Imagine the arb opportunities otherwise! It would be nice but I guess they're not that dumb, lol An interesting exercise....get hold of ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010Absolutely, especially as no-one has thought up a word to describe what we trade, we just call it spot or retail. Sorry, I wasn't meaning to make it seem like I was picking on you in any way, it was more an attempt to guide the OP to answer his own ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010Retail, with a marketmaker, whose pricing is supposedly loosely derived from the underlying spot price and influenced by his book. Compare his offering to spot and/or futures then you have something which means something, there's a clear ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010Sigh, you slightly miss the point here, you're not trading spot, period. If you understood that simple point then you might begin to realise the pros/cons of trading what you are actually trading and who you're trading it with, then threads like ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010Of course it matters! And it's not 'spin', it's what the spot market actually is! It's only really relevant though in discussions like this, when people need to compare so-called spot against futures. If they have a look at what they're actually ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010My point exactly, you're not actually trading spot, which is why all these comparisons and distinctions which people make between what they call spot, and futures, are totally meaningless! "Less regulation" Banks are regulated to the extreme. ...
Trading forex futures - Why?
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pipmutt replied Sep 13, 2010Spot is, mostly 2 days settlement. Anyway, here's a link for the OP, one of many that a Google search will bring up, but like I say we're not actually trading spot anyway so it's all a bit irrelevant!

Trading forex futures - Why?
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pipmutt replied Sep 13, 2010That's the problem, we don't! Have a look at what you're actually trading when you say 'spot forex market', then you'll see the dis/advantages of the respective 'markets', marketmakers, and brökers.
Trading forex futures - Why?
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pipmutt replied Sep 11, 2010I suppose it depends on what type of job you've got now and whether you can take a (long) holiday or leave and go back to a similar job with similar income if trading doesn't work out for you. Trading as a sole source of income can be a daunting ...
Should I become a full-time Forex trader?
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pipmutt replied Sep 11, 2010Recycle bin probably....... — Ah well now you are talking about an important issue, I did the same when they took off the Big Tasty! Didn't make any difference though.
I mean who wouldn't want one of these......yummy! image Same to ...Thoughts on 50:1 Leverage
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pipmutt replied Sep 11, 2010lol, true, especially in forex! On the contrary, I think it's very comforting! When I started out I expected there to be a lot of really clever sharp people in the business, it was hard to imagine how I could even match their expertise and make a ...
No more BS - What have you learned?
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pipmutt replied Sep 11, 2010Thanks for the link but it's a pointless survey in my opinion! The survey questions themselves are limited (it looks more like a marketing survey to me), the reply choices are limited, the sample isn't going to be broad enough, and last but not ...
CitiFX's Forex Survey
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pipmutt replied Sep 10, 2010But we're not at a party, we're (supposedly!) on a trading forum, discussing subjects presumably with other traders (although that's not always immediately apparent!) At least that would have more relevance than saying 50k! Really? Someone can be ...
Thoughts on 50:1 Leverage
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pipmutt replied Sep 10, 2010No $ sign in your original post as far as I can see. As I've already explained to you, 6-figures means nothing in this context without other numbers. Who's interested in your profitability? Not me, it has absolutely no relevance in the discussion!
...Thoughts on 50:1 Leverage