It's one thing to say that they can easily get arbed, but how often does that actually happen? If a certain broker doesn't feel the consequences of stop hunting, why exactly would they quit doing it? Even in Boston Tech's business plan for setting ...

Stop-Hunting Question

As indicated by Gain Capital and most likely true for almost all otc fx brokers, the average account size is less than 5k or 10k. If memory serves me right the broker with the biggest accounts averaging about over 40k are Advanced Markets but they ...

Stop-Hunting Question

What the heck spreads at .3pips are you talking about? I don't think anyone here has ever seen .3pip spreads on a stp fx broker let alone GoM. Straight Through Processing is ECN style with orders routed...straight through to LPs. Looking back at the ...

GoMarkets Discussion

Another development — Now GoM offers AutoChartist free on all accounts, this is pretty good, recently they added indices and oil, brought an ecn account, and now this. Things are looking up

GoMarkets Discussion

Mind me asking how many pips total were on the four trades? I wanna get an idea of the size of swaps and it's impact on trading.

Swing trading with heiken ashi and stochs

If you don't mind I have a couple of questions; During that worryingly long loosing streak, what was going through your head regarding your method of trading? How long was that streak? like in a few days of horrible market action or over a few ...

Lessons Learned Thread

What do you think is a reasonable/doable profit % averaged out weekly, for a skilled/disciplined day trader? 10%, 5%, 2%, 1%, 0.5%, 0.01%, 0.005%, 0.0001%?

In FOREX, is 10% return per month good enough?

A pic of the email sent.

GoMarkets Discussion

Yay — lol who can easily read that php snippet. Go Markets now offers a 'Pro Account' that is ECN/DMA, spreads from 0.4, commission at $3.5 per turn, minimum account opening at $3,000. I think this is a big step and a long time comming for ...

GoMarkets Discussion

That's what I was thinking, I looked at the spreads on indices and comms from axitrader, fxcm and cityindex, go's spreads seem nothing out of the ordinary so no reason for flaming them.

GoMarkets Discussion

This is really off topic to the thread, but what the hey, what mountain bike do you have? One of my previous past times was riding my (cheap $200 Odin Storm dual suspension) mountain bike around the suburbs and to and fro work, I literally wore it ...

The life of a trading system on Forex Factory

Go Markets now offers indices and commodities: Click on market watch, right click and select 'Show all'. Dow Jones30 CFD SPI200 CFD S&P500 CFD DAX30 CFD FTSE100 CFD CL-Oil XAUUSD XAGUSD

GoMarkets Discussion

The calculations of PP rely on using the previous day's data, the global trading day starts in Wellington NZ and ends in New York, so it's best to time pivots based on a 4pm NY close to the last 4pm NY close. Any other time being used and being seen ...

Pivot point timing and weekend

Why don't you just look at their site, I did. Regulation is always a good thing, but in the end you have to make sure that you can actually trade with them, could you trade with the following? - Their minimum to open is 2K. - Even though they say ...

What's Wrong With Saxo Bank?

[quote=sargedessy;5641346] explain to me how an "edge" can be quantified. /quote] Some traders here that are mq4 literate (coders) would say the only statistically valid way would be to program the edge into an ea and back test it over ...

Why it is possible to predict price movement?

Good on you, this is fantastic, you've been making consistent profits for almost half a year with 8% typical draw down and are close to 1000% growth.

Yet another 100 to 1000 journal! (Heavy Scalping)

Thanks for shedding some light on approach of the banks, I already thought that having a DOM from a otc fx broker wouldn't be very helpful as you don't see the entire market, but would be helpful to a scalper on a centralized exchange for eg stocks, ...

Why it is possible to predict price movement?

Post 4357 on page 291 has an email sent to Lplate holders back in April 20 that no new positions can be opened on that account type from 1st May onwards, only closing trades is possible.

GoMarkets Discussion

Wait, here's a question kk007, you've asked why it is possible to predict price movement, and you've received a bunch of responses which revolve around repeating patterns, where big traders places their orders and none of it seems to be satisfying ...

Why it is possible to predict price movement?

Perhaps this is what you're after; all systems with a positive expectancy work because they are based on repeating patterns ie when xyz happens, abc usually happens too, that allows someone to buy and close at a higher level or sell and close at a ...

Why it is possible to predict price movement?