The news caused the market to spike. This is going to affect pretty much any broker since the market simply moved beyond the stop before it could trigger. Put simply, the tick that triggered your stop was already well past the stop's trigger price. ...

Pepperstone Forex

lol.. must have beat you by a few seconds.

OANDA Discussion

Change the "interest type" to "Trade" on their calculator.. or else it will ignore all the pair and size info and just calculate interest paid on your balance.

OANDA Discussion

Yeah, I'm at a firm that does equities and futures as well, so I know where you're coming from. My points earlier about capital only relates to forex on it's own... the leverage and cost structure you can get at a retail forex broker is good enough ...

Trading For a Proprietary Firm

Forex or equities? If forex, could you describe the business model? Profit split? Risk model? And you're right about the environment of a prop, and being surrounded by good traders. That's one plus. Though, people often grow dependent on it and soon ...

Trading For a Proprietary Firm

No problem. If you haven't already, you can always do the account application part now, so when the app is processed within the next day or so you'll have the documents in order and can email them off at your leisure.

Pepperstone Forex

I haven't noticed anything myself... Are you only noticing issues after the update? Maybe do a fresh install from the website and see if that helps.

Pepperstone Forex

It's all online. You first apply for an account then need to send in verification docs... once verified, the account is enabled for trading. Then just make a deposit and away you go. Though, if this is your first live account ever... I'd suggest ...

Pepperstone Forex

*cough*

From 1k to 1 million

let's keep bumping this thread by replying pointless crud so that everyone can read it >,>

From 1k to 1 million

Your trade size becomes too big the moment you feel even slightly less willing to take a loss because you can't stand how much it will sting... You have to trade a size that won't affect your execution.

when are trade positions too big?

Yeah, I'm guessing you read other online message boards I was looking for a better place than the company I was with at the time (since the previous prop firm had some tech issues and people were leaving in droves.) So I found a smaller private ...

Trading For a Proprietary Firm

I just use my work's CME data feed mostly, but I've written a few indicators for thinkorswim's platform that I like and also get real time CME/CBOE quotes from them with market depth without a cost to myself (got grandfathered into one of their full ...

LMAX = revolution?!?

I just watch futures level 2 and volume feed.. since I already have real time CME data coming in on another platform for free.

LMAX = revolution?!?

Few thoughts: Charts are painted on the BID in MT4, so even if that level broke, price would have to fall an additional ~4 pips (based on your spread in that screen cap) before your order triggered. Next, you're going to notice it bounce just in ...

is this normal? are brokers honest? trades don't close at tp

My biggest issue is with the implementation, you have to run TWS in the background and run a plug-in to communicate with MultiCharts... More hops, more points of failure..etc.. etc.. Ideally, you'd want an API level connection direct to IB... most ...

Using Multicharts w/Interactive Brokers?

Er.. not sure what you mean exactly. I was only referring to what MT4 does out-of-the-box (without any EA or script.) Looks like this: image Blue dashed lines means a buy, red dashed lines would be a sell (not seen here.) The single dashes (blue ...

TradeStation for trading forex?

Not that it's a big deal, but you can do something like this in MT4 by going to the history tab and dragging the desired trade record onto your chart.

TradeStation for trading forex?

not for nothing but if you still trade with Citi, they do auto-execution, which is market making. Just because they base their quote feed off the "national" bank, doesn't mean they aren't dealing to you directly as your counter party first before ...

For those of you who don't believe in stop hunting

This. The simple method is always best.

Oanda Traders - How do you manage positions?