1 Daily or Intraday? 2 PIPS or % 3 Stop Loss or No Stop loss 4 Oanda or Other 5 Manual or EA 6 Random or Predertermined 7 Satisfied or Unsatisfied [Satisfaction breeds defeat ] 8 High Risk or Low Risk 9 Scale in/out or Not scale in/out 10 ...

Traders Survey

Sorry but I do. They're currently the best MM broker around. wow...

Are 48% of oandas accounts profitable?

Well said Newyear498 and Mr J. haha I knew you were gonna limit it to that. I disagree. The majority of traders will still have the same average risk per trade regardless of whether they trade with Oanda (50:1 leverage) or another broker with 200:1 ...

Are 48% of oandas accounts profitable?

True. This thread's title, along with Oanda's ad, is missing the key phrase "...within a relatively short period of time". I wonder why they aren't providing any stats for accounts that have been consistently profitable for at least a couple of ...

Are 48% of oandas accounts profitable?

You said Duka states that they are sometimes your counterparty and sometimes not. You were wrong. Deal with it. Of course it's the legal documents that matter, and those have been perfectly explained. You don't seem to get THAT, only make ...

Is MBT really an ECN ?

Thanks, but I'm aware of that one. I was talking about their being your "counterparty". Karl said that Duka is sometimes your counterparty sometimes not, which is not correct. Dukascopy is your counterparty at all times. As for the statement you ...

Is MBT really an ECN ?

Really? Can you show us the exact statement saying that? Here is what Dukascopy said:

Is MBT really an ECN ?

Btw, I did notice that Oanda has been trying to take advantage of these stats in their current advertising campaign, for the very reason that most traders will stupidly conclude that the stat reflects their chances of winning consistently. So much ...

Are 48% of oandas accounts profitable?

Thank you newyear498. That is what I tried to explain in another thread. I find it really weird that people don't see that these stats are perfectly normal. They actually conclude that this disproves the 5% percentage of consistent winners. This is ...

Are 48% of oandas accounts profitable?

hahaha What's 26k right?

How I Turned 1k To 100k In A Wk!!!

Everybody uses a "system" of sorts no matter how discretionary we are, unless we trade randomly.

People say systems don't work (only pure price action does)

You need to do some homework buddy. (the Darkstar thread is a good start) No broker can guarantee to offer you the best prices in the market, it all depends on what their particular liquidity providers chose to offer. Also, any liquidity provider is ...

Is MBT really an ECN ?

Here's what's written: MB TRADING FUTURES (MBTF) AS COUNTERPARTY THE FOREIGN CURRENCY TRADING YOU ARE ENTERING INTO IS NOT CONDUCTED ON AN EXCHANGE. MBTF IS ACTING AS A COUNTERPARTY IN THESE TRANSACTIONS AND, THEREFORE, ACTS AS THE BUYER WHEN YOU ...

Is MBT really an ECN ?

haha yeah Personally I currently use naked charts for 3 pairs, 3 time-frames each. I do have a couple indicator charts I have set aside separately (with only the indicators on them). One chart with the volatility of the 3 pairs, and another with a ...

People say systems don't work (only pure price action does)

Family Guy rules.

Bird is the word - 1 word trading advice

Care to elaborate? What is so fairy-taly about his explanation? No silly "broker conspiracy theories" please. "you never win an argument until they attack your person." -Nassim Taleb I guess Dukascopy is lying about its being an ECN too, right Karl? ...

Is MBT really an ECN ?

Technically, yes. "What Does Counterparty Mean? The other party that participates in a financial transaction. Every transaction must have a counterparty in order for the transaction to go through. More specifically, every buyer of an asset must be ...

Is MBT really an ECN ?

Surf. image

Bird is the word - 1 word trading advice

I wouldn't classify trading as an Art (at least not literally) because a trader isn't really creating any works of art. I would classify it as a business. Two people can have two completely different and unique business models, yet both may succeed. ...

People say systems don't work (only pure price action does)

Nice posts CindyXXXX. There's one thing I'd like to comment on: You see, therein lies the problem with our view of indicators. They do work, they do their job fine. Saying they don't work is like saying charts don't work. The way I personally see ...

People say systems don't work (only pure price action does)