Good to hear. Do you get slipped on market orders at all, or do they fill you for the full amount at the current quote?

My GBPJPY trade journal

10M market orders through MT4? You are very trusting of your dealer (FXCM right?). May I ask how the fills are? You'd likely get slipped at 10M in G/J even at the ECN level. Personally, I wouldn't even consider risking a market order of that size at ...

My GBPJPY trade journal

A bit melodramatic, not to mention inaccurate.

Proposed NFA Capital Requirement

Just try to beat the pros! url I'm not even sure how some of those CTAs became pros..

How big an account one needs to win in forex everyday?

Just 20%? That's it? That only compounds $10k to $7 million in 3 years. Surely you were thinking of doing better than that right?

How big an account one needs to win in forex everyday?

Keep in mind the concept of survivorship bias. The 95% of FX traders who have blown their accounts aren't going to respond to this thread.

Anyone blown his account before?

Listen son, I mean this as politely as I can: your vision is almost as atrocious as your spelling, please get some glasses and head back to school. I'm 100% serious, it's for the better. And for the record, the picture I posted of forex.com shows a ...

MT4 broker with New York time

A daily chart doesn't show when the candles close.. If you look at the one I attached, the server time was clearly EST (given how the chart ended at 17:00 yesterday, hence the period separator/daily close was at midnight).

MT4 broker with New York time

It definitely is EST, I just tried it. Look

MT4 broker with New York time

Yes, those 3 I mentioned all have a daily close at midnight ET.

MT4 broker with New York time

Sorry for the late reply to this, I did check UGMFX and it still works, and it does use the ET zone on the charts. UGMFX, forex.com, MBT.

MT4 broker with New York time

With market orders? No, not the retail ECNs. Once you start talking about >5M market orders, you're going to have to accept some slippage (a pip or two). I can't speak for FXall, but several Currenex hubs and HS FXi are very similar to the retail ...

Trading with $1000 per pip?

Now if only "Globex Interbank" was a broker anyone had heard of before, and not simply a website someone was running out of their London shoebox flat (let alone infringing upon CME Globex's trademark). I wonder if he also runs a website selling ...

Market Makers & ECN’s, Is the grass greener?

My rep just told me multiple times during the setup process, "don't do news trading or we'll be forced to close your account." Talk about a friendly way to start a business relationship.

Trading for a living with a Market Maker

I've only seen inverted at MBT once or twice, they're stale quotes way off the market usually and I'm doubtful if they would execute. In any case, haven't seen it happen in at least 9 months. IB I've never seen inverted, zero very rarely. I can ...

Trading for a living with a Market Maker

Unless you consider Bernanke's direct statement of "yes we're printing" on 60 Minutes as a hat tip for the FOMC statement.

Don't get sucked in by dollar strength

That's interesting. ADM said they'd cut me off if I news-trade on their Currenex, and CMS told me the same if I hit inverted quotes. I found both "threats" somewhat amusing. I guess I've been spoiled by IB & MBT where there are no rules or ...

Trading for a living with a Market Maker

No mention of ECN, no CFTC/NFA registration, site looks amateurish, 500:1 and 1-pip majors is a call-sign of the fraudulent, nearly an exact replica of Crown (which recently went belly up along with the client accounts).

Market Makers & ECN’s, Is the grass greener?

They were hired by "major banks/funds" based upon joining an internet trading group blog? Is there anything more to this story you might be leaving out?

Jacko's Forex House of Pleasure and Pain

And forex commissions were also... ohh..

MB Trading Futures - Introduction