Christ, you must have a lot of time on your hands. It would help to be a little more concise and write in a way that is easier to read. You'd have to first try every broker on the planet to decide that. MBT has, in my experience, been a very ...

MBT or Pfgbest?

Yes, market prices have a random distribution. This is a fact. If it weren't "random", it wouldn't work since it would be too predictable and too many of you with your silly EA's would be making money consistently. The problem however is that ...

Pro Traders in a Random Market

I second everything 7bit said here. I wasted a lot of time trying to get VBA to do things it's not really meant to handle/geared towards, hence my advice.

Seeking advice from Traders/Programmers

A fellow business student eh? You know I've been thinking about doing International Trade and Banking too later on. Either that or International Business. A word to the wise: Learn a statistical/scientific programming language (Matlab or R). As a ...

Seeking advice from Traders/Programmers

Pretty useless books. You might enjoy checking out something like "Trading in the Zone" by Mark Douglas, but don't expect these trading psychology books to teach you anything you couldn't have really figured out on your own. All that trading ...

Best Trading Psychology Books

Yes. You will notice that the more liquid the pair, the lower the spreads.

Currency pairs to start with as a beginner?

And what makes you, sir, think that I care what you think? Like it or not, Oanda has been hands down the best MM I could find so far (though not perfect). Does that mean I work for them, or does it just mean you ran out of arguments and started ...

OANDA Discussion

lol Funny how those who come here and make the biggest and least informed judgements about them are those that don't trade with them. Ah, so you don't have that proof. Thought so. You seem to have a lot of time for baseless ...

OANDA Discussion

They cheated? How so? Please elaborate/provide proof. And did the CFTC acknowledge that Oanda cheated? and if so, where did they say or allude to this? (post links, though something tells me you have nothing) I haven't noticed any major changes in ...

OANDA Discussion

Note that the retail ECN models (such as MBTrading, Dukascopy, etc) isn't as entirely different as you may think. In other words they're still acting as your counterparty, you're still not trading in the actual interbank market. When you place a ...

OANDA Discussion

(Source: Oanda) They do that to eliminate the conflict of interest. If you believe they're lying to all their clients and partners, please provide proof so we can all sue them. (I'm sure you don't) Also, using the expression "they trade against you" ...

OANDA Discussion

Your opinion on MMs vs ECNs is completely biased. For a more objective and informed view, check out this article: url I sure hope that's a joke. lol

OANDA Discussion

Personally I would ask that question only to people with big accounts trading with market makers. Some people want to start out with one or two hundred bucks, knowing that they'll probably lose it anyway while still learning (and don't tell me about ...

OANDA Discussion

Because they can. Show me one market maker other than Oanda that offers 0.9 spreads on EURUSD and USDJPY 83% of the time. Hell I know some ECN's that don't offer this after including commissions. Sorry but I think other market makers need to cut the ...

OANDA Discussion

Know thy market. Sticking to one pair when starting out can help achieve that.

Currency pairs to start with as a beginner?

Oanda don't use the "as low as" bullshit. They advertize their spreads as they are.

Oanda's spread on EUR/USD at 0.6 NOW?

Yesterday someone posted this pic below showing the recorded Oanda EUR/USD spreads and their frequency (based on 1 minute data) for July 2010 until end of November 2010. You can see that 0.7 pips spread isn't the lowest ever recorded for EUR/USD ...

OANDA Discussion

duffypratt, thanks for clarifying. I disagree then. Until you can mathematically prove otherwise, winners and losers are randomly distributed. The "psychological errors" that the losing traders may make don't skew the overall long-term distribution ...

Who has become rich trading forex?

What do you mean by this and how exactly does it make the distribution of winners vs losers around expectation a non-random one?

Who has become rich trading forex?

Your understanding of probability distribution as it applies to the performance of the masses of traders seems a little faulted here. The plot shows the distribution in terms of standard deviations around the mean (expectation), not around break ...

Who has become rich trading forex?