Great! Now they are definitely chasing money away from USA . P.S: hmmm, I am tempted back to my ignorance thesis...

Proposed NFA Capital Requirement

That's right! It is the NFA complicating the life of traders. You will have two platforms, two EAs and an external software to make the bridge between them. Why don't they let us alone? It is our money. We want to pay the (eventual) extra swap ...

Proposal to phase out Hedging

Close buy = sell (always) I think the true reason behind the ban is hidden agenda. They know that you can make tons of money trading both sides simultaneously. This is becoming too "popular".

Proposed NFA Capital Requirement

The true reason behind the ban is that they know that you can make tons of money using the "hedge" feature. I wrote an EA that uses this. My account statement is a live proof that is works. It is becoming too "popular". They are protecting their own ...

Proposal to phase out Hedging

The market is charging you for holding 2 open contracts...

Proposed NFA Capital Requirement

Thank you Jaclyn, I will take a look at FXCM.

Proposed NFA Capital Requirement

I have read carefully the NFA document. Very good and prudent reasoning. It showed me an OBVIOUS disadvantage that I hadn't thought of before: the double swap cost. But my choice for this method was just for simplicity. As strange as it may seem, ...

Proposed NFA Capital Requirement

InterbankFX allows for 3 accounts without any question. If you want more than that, you will be required to explain why.

CFTC + NFA: End Of Hedging?

Market makers don't need to log into your account to know your stops... ;-)

MB Trading Futures - Introduction

Move funds away from USA, that's my way to go...

CFTC + NFA: End Of Hedging?

This sounds unacceptable for me ... (?!?)

MB Trading Futures - Introduction

Hi Maheswara, You are right, it is the same thing. So, there is no point in discussing the "merits" of "hedging". It is a question of personal preference. For programming, it is much much much ... much much much simpler to implement "hedging" than ...

Technical Analysis Fallacy

I entered the CFTC site and emailed them this: Congratulations NFA and CFTC. Thanks to Compliance Rule 2.43(b) for forex transactions, I will probably move my funds away from USA and never look back. Surely, many will do the same. You don't know ...

Proposed NFA Capital Requirement

I entered the CFTC site and emailed them this: Congratulations NFA and CFTC. Thanks to Compliance Rule 2.43(b) for forex transactions, I will probably move my funds away from USA and never look back. Surely, many will do the same. You don't know ...

Technical Analysis Fallacy

I am probably moving away from USA after 3 years. Does anybody know a broker that is: - well capitalized - regulated outside USA (very far from NFA and CFTC claws) and offers: - MT4 - straight through processing - 0.01 standard lot - no problem with ...

Proposed NFA Capital Requirement

Hi all, I need MT4 with mininum trade size = 0.01 standard lot, no limit for maximum open positions and "hedging". Does anybody know a safe, regulated, well capitalized broker that is not submitted to NFA claws (outside USA)? Swiss broker only with ...

MB Trading Futures - Introduction

Thank you for the suggestion, but I need mininum trade size = 0.01 lot with no limit for maximum open positions. Besides "hedging", of course... Does anybody know a safe, regulated, well capitalized broker that is not submitted to NFA claws (outside ...

Proposal to phase out Hedging

If this produces the same final result, what is the point of the stupid interference? Just makes life a bit more complicated...

Proposed NFA Capital Requirement

Fti, you are absolutely right. The snake oil presented me with a 45% drawdown to manage. I can't remember one single misconception from you, expcept maybe that I am a salesman. I am not. If I were I would starve to death. Sorry to have misunderstood ...

Technical Analysis Fallacy

Yes, Leigh, I don't subscribe to having multiple nicks, too. But I must confess I did it once. Under Xtrader59, I ran a short lived thread in Elite Trader called "Bullet-proof martingale?". I was trying to get opinions on this possibility without ...

Leighsww Journal