Love the new look! And that's coming from someone who usually hates it when websites change what I'm used to seeing.

Well... like the new FF look?

I found out recently that they run their demo servers out of their backup/fail-over site in California, not out of NY4, so it's not going to be the most snappy of connections compared to the live server. But, on the bright side, it's good to know ...

Pepperstone Forex

Their Singapore server was part of the old 'pre-edge' system. They don't have one there for Edge at the moment since they are patched into a net connection backed by fiber across both oceans. Best to connect to NY4 for now.. if you're running EAs or ...

Pepperstone Forex

There's a huge difference between a 20% drawdown that's formed over half a year or more (like in your example) and the one that would be caused by ~4 consecutive losses when trading 5% per trade. Next, dig through their prospectus and find out the ...

5% risk per trade?

There's a reason why -- especially in forex -- the survivorship rates of traders disproportionately favors institutional traders and firms over retailers. Plus, when you hear of really big losses at the institutional level it's usually because ...

5% risk per trade?

Yup. Liquidity dries up a bit and larger players are snoozing anyway so things tend to quiet down. There will still be movement, and I've totally made bank trading between Christmas and NYE, but not the best trading to be had and you ...

Pepperstone Forex

Use the funds management section of your online login (same place you created the MT4 account) and transfer your desired balance into the MT4 sub-account. Then, from within fxTrade, you can switch to the new sub-account and manage trades there, plus ...

OANDA Discussion

Oh, "high flyer" as in a good performer. Flying high, or flying above the rest... etc.. figure of speech.

5% risk per trade?

Question: Since not all edges last over time, and in most cases their returns slowly slip into the noise of the market, is 5% risk per trade going to give you enough room to identify when something's wrong before your account takes a serious hit? ...

5% risk per trade?

See the 2nd part of this post: url (also, I see you put a lot of importance into trading psychology, which is awesome since I totally agree, so check out the rest of that thread since it's my own take on the subject.)

Do you keep a trading notebook?

Flatten it entirely. Instead of trying to make the loss back, spend time thinking about what got you into such a position in the first place and work on avoiding it in the future. A trader is someone who manages risk and makes execution decisions. ...

Any help with AUDJPY?

I think it's more of the assumption you've placed on your edge. 50% win rate plus a 0.25 expectancy is quite the high flyer. But anyway, I try to stick to less than 2% myself. On my manual accounts I'm often risking ~0.50-1.50% depending on how ...

5% risk per trade?

Banks make the most from transaction volume in FX that they clear. They match off larger orders, hedge out, make market, etc.. etc... it's in their best interest to do whatever possible to encourage trades. Then you have the big fish like hedge ...

Banks News Releases

I don't trade the time leading into or during the release of major news, but I do actively scalp in what I call "post-news" times (5+ minutes after a major release, often giving some great volatility to play from.) It's fun stuff, especially if ...

Pepperstone Forex

*blushes* Thanks!

Pepperstone Forex

~1ms from my CNS VPS server in NYC.. But what part of Europe are you from? A friend of mine in the UK would get ~100-150ms if I remember correctly.

Pepperstone Forex

no problems at all reaching these sites on my end

OANDA Discussion

Same reasons why it won't work on EUR will be the same reasons why it won't work with YEN... it doesn't matter if the quote and base currencies are flipped around in the pair. Think you need to re-read my post, has nothing to do with it being a ...

Profitable hedging strategies?

Be humble in this business, and always open to learning new things. Especially if you're not as well versed in a product as someone else might be. -- Firstly, on your 'barrels of hedging' example. A company who deals with oil (to continue to use ...

Profitable hedging strategies?