Indeed there were hard times yesterday for the majority of brokers and traders alike. You say that firms with billions of dollars couldn;t 'click their mouse... well, I could and I am not in the range of billions with my account. I even took nice ...

Forex changed forever!

I was short on E/U for about 20 lots when the news came in, of course the spreads went a little up but nothing to worry about in my case. I had a little freeze on the platform in the first couple of minutes but it didn't last too long so I was able ...

Who traded live with more than 5 lots during CHF news?

Imagine all the clients from all the brokers that went broke now...where will they go? To the brokers that survived or trying to survive until an extremely large number of clients (and funds) will go their way.

EURUSD

22 years later...different story, a lot more money involved... The world economy must be 'restarted' somehow... probably this is the beginning of another world wide economic crisis.

EURUSD

Well said Oz. I wonder if now they will try to force the low leverage in Europe as they did in US...

EURUSD

Not everyone went belly up. The ones that make the market move are very well. Forex is not going broke because of yesterday's drop. For some it is the end, for others is just a beginning.

EURUSD

Alpari announced their insolvency.

EURUSD

I doubt that forex retail will end for this... it didn't end back in '08. We shall wait and see.

EURUSD

At this moment I wonder what was the amount Alpari lost that forced them into insolvency.

Alpari.co.uk Discussion

Yaed, an insolvent company still have assets (of all kind) which are to be sold and cover those losses. I am not a lawyer but still have life experience but I cannot talk for anyone here, just trying to help. Maybe their assets will cover the ...

Alpari.co.uk Discussion

First of all you should talk to your broker. If I would be to assume, I would say that all losses experienced on your account will be validated - you are stuck with those losses.

Alpari.co.uk Discussion

Word of advice for the ones with Alpari accounts. Try to make an withdrawal (any way you can) and be among the first to do that. The funds will probably be returned to the clients per rule "First come, first served". This is usually what happens in ...

Alpari.co.uk Discussion

Imagine that every client they have is trying to call them, no matter if the client lost anything or not during yesterday's move. Everyone is worried about the funds in their account.

Alpari.co.uk Discussion

Guys, just relax and calm down because as trader121 said before, your funds are segregated and safe. The best way is to contact an Alpari representative and have a discussion about how to withdraw your funds. Alpari announced: "This has forced ...

Alpari.co.uk Discussion

I don't scalp profitable for 14 years as your friend, but I have a few years now being profitable with the same style and I do not believe tight stop losses are burying an account in the long run, unless the strategy used for scalping/trading is not ...

Do you believe tight stop-losses cause losses in the long run?

Not my business really and everyone's entitled to its own opinion, but I believe that some people took some really large losses today and we do not need to make it even worse. I am just writing this post because I have seen yours posted in many ...

Do you believe tight stop-losses cause losses in the long run?

I always said "No trading without SL"! Hopefully today was not a very hard lesson to understand the importance of a SL. Just the other days I was talking about the similar 2008 event. Also, it is true that some of the traders never had their SL's ...

Alien's Extraterrestrial Visual Systems

Sorry for that Jyst, please let everybody in here know how that turns out for you. Hope your account is with a honest broker.

The CHF tsunami - 15 January 2015

And here everyone will see what it means to have a good broker VS to be customer of bucketshops. I hope that all that took a loss during this event will not be charged by brokers with bills greater than the accounts. If there is something worstother ...

The CHF tsunami - 15 January 2015

Must have mistaken your post with someone else for the 15 pips TP. Is good you are in profit after that move, that is all that counts (don't be greedy). I answered your question a few posts back as well as I can in this madness... The EU was a short ...

EURUSD