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- takef586 replied Mar 2, 2010
This is simple. When you have a limit order out, or you "go at the market" in an "apparent" market, what really happens, is that you ping the best or the matching price for a confirmation. In some cases, a price has a "lifespan" and this ...
Systematic trading
- takef586 replied Mar 2, 2010
I do not want to repeat myself too much, but the only ECN retail traders can access to trade forex are currency futures. In this case your orders are actually being matched against other orders or against streams in a central matching engine with no ...
Systematic trading
- takef586 replied Mar 2, 2010
Since I am new to this forum, may I kindly ask if any of you has actually traded with real money on such short time frames with any degree of continuous success, like 3 months or so?
Scalping 10 sec., 30 sec., M1
- takef586 replied Mar 1, 2010
@ Black Mage I was talking about IB forex platform. Moving up on the platform chain is not easy or inexpensive. To begin with you have to be a company and have a Prime Broker (or more than one). Then, you have to get an aggregator (or build one) and ...
Systematic trading
- takef586 replied Mar 1, 2010
I am not saying you cannot trade with bucket shops, in fact I have traded with some, but since I knew where the prices were, it quickly became absurd to be throwing the money out of the window. Getting an edge is difficult, giving 90% of it for free ...
Systematic trading
- takef586 replied Mar 1, 2010
I am not interested in posting here. This was only meant to be a help to you, as spending a lot of time on discussing what algo solution works in a market which is purely imaginable sounds like a waste of time to me. If you want to have realistic ...
Systematic trading
- takef586 replied Mar 1, 2010
Guys, I have been a FX bank trader for 25 years and am trading now through my own company on one of these interbank platforms through my prime broker. I still have the same problems every day, but now I can at least talk about it with the banks ...
Systematic trading
- takef586 replied Mar 1, 2010
@mikkom Simple. I was trading on limit orders only and my strategy was successful to the point, that the monthly volume went over 2 bio USD. Suddenly, an increasing number of times, my matched orders were no longer resulting in fills. i.e. the banks ...
Systematic trading
- takef586 replied Mar 1, 2010
@Black Mage Yes, the real interbank market has better spreads, but you will never be able to trade on it. @Craig That is not a pip, but a pipette, and the average spread is not two pipettes wide. My point was, that you are all chasing shadows as ...
Systematic trading
- takef586 replied Feb 28, 2010
Reality check — I have just registered here, so I do not know if this post is going to get edited or not. I am writing this out of empathy, as I have enjoyed certain parts of the thread. First reality check: There is no such thing as Forex ...
Systematic trading