Christ... that doesn't sound like they had their shit together. Really sad to hear that, especially since the managers taking your 10k probably knew full well the place was bust. That's one of the huge risks with deposit based firms, it's not a ...

What Brokers do Prop Trading Firms use?

Oh, didn't see this before. Idea about FX props? The ones I've seen are either more of a service provider (ie, maverick fx) where they make most of their income from charging for training or monthly fees for squawk box services or trading rooms ...

What Brokers do Prop Trading Firms use?

url

OANDA Discussion

Not sure if you guys are into Reddit at all... but: url CEO doing an 'ask-me-anything' session on Reddit in about an hour. Taking questions from the general public.

OANDA Discussion

Wouldn't that, you know, be a complete through off? I don't know what's in the formula for Ichi (don't use it myself) but could it be related to Oanda painting charts from the mid/average price, not the bid like in MT4? I'm just curious.

Jay's "Love your portfolio™" Journal

It's generally expensive to support FIX from the hardware, personnel, and implementation costs (often consultants or FIX integrating providers who'll charge on a per end user basis for continued support..) After all, FIX is just a messaging ...

OANDA Discussion

..4? Ugg, they really want to restrict it to people writing complimenting web apps or analytic stuff, not trading algos... That clinches it for me, not going to bother with the free API... might keep my efforts focused on learning FIX.

OANDA Discussion

How's the API? Worth the API fee? I hear the new free API will be poling based for quotes, not streaming... *sadface*

OANDA Discussion

No problem. Just keep in mind that the needs of a trading firm are going to be very different than that of an individual trader. So focus on what features would be a good fit for 'you'.. I mean, a firm might pick one broker over another for ...

What Brokers do Prop Trading Firms use?

I wouldn't call community fostering 'customer service' but I totally get what you mean. If you like that sorta thing, I think Pepper has an active twitter account that posts streaming market news.. though it's very equity and world markets focused, ...

Pepperstone Forex

That's not MT4, that's Oanda's MT4 Bridge Always live by what fxTrade history says, not MT4's when using Oanda.

The Trader Behind the Trade™

image >,< Blast my fast typing and ranting nature. . . :/

What Brokers do Prop Trading Firms use?

Lastly, Since prop models (at least the ones I consider decent) don't fit well in the forex market... what's actually more common for traders who want to go institutional is the capital allocation model: Traders remain independent. They get a few ...

What Brokers do Prop Trading Firms use?

*grumbles* We need context before anyone can even come close to answering that question properly. For starters: which market? Broker setups will be affected greatly by this. And at least answer which business model you're referring to as "prop"? -- ...

What Brokers do Prop Trading Firms use?

This mean we can't be friends?

The Trader Behind the Trade™

They'll come when the market thinks you need humbling.

The Trader Behind the Trade™

Probably when price not only touches a given level / MA / indicator / what-have-you... but moves away from it after touching. Like confirming the given level was valid. A lot of traders look for the confirmation of price moving like this since ...

What do we mean by Bounce off in forex

You pretty much got it.. The integral feed was awesome but they were a middle man after all, and Pepper started doing enough monthly volume to strike direct relationships with banks.. so they created their own price aggregation system (pretty ...

Pepperstone Forex

On the recent postings about tick "volumes".. I agree. They aren't quite what they used to be. Though, they aren't bad.. slightly above average from what I can tell between most major brokers. It's just a sore spot to go from an outstanding rate to ...

Pepperstone Forex

As critical as I may have come off about the products in recent posts, if you're going to trade them anywhere then Nadex is probably your best bet. They run a clean shop from what I can tell.

Nadex Forex Bull Spreads