Maybe you're right, but I've never personally experienced (or heard of) any difference in order inaccuracies and delays when setting an account to different leverages. Definitely. Thanks for clarifying. But real leverage? I'm not sure I ...

OANDA Discussion

That is completely inaccurate. In fact higher leverage gives you more flexibility to select any type of risk you want. You probably won't need so much flexibility, but it's good to have it nevertheless especially if you don't have a six/seven figure ...

OANDA Discussion

I concur. Let me add that many chart traders seem to forget the element of randomness involved. Some levels and geometric formations that chartists give so much meaning to are simply due to chance, nothing else (i.e. some of the level where the ...

Trading Supply & Demand (ob & os)

In a perfect world. I'm with esuffw here, it's not that simple because there is market making involved to fool people, otherwise trading would be easier.

Trading Supply & Demand (ob & os)

I see some people are either completely with or against indicators. Some people rely entirely on indicators and forget price, and some others claim they are evil distractions (which seems like the more fashionable thing to do these days, as this ...

Indicators or none?

1) The distribution of winning traders vs. losing traders over time is a random distribution. Within such distribution, consistently winning traders will always be a small percentage. This is not a "myth". 2) This data doesn't really mean much for ...

FXCM's Profitability Report!!!

Yes, they're still fine. You mean 100k-500k in capital? That's a lot of money. I would suggest trading with an ECN (Interactive brokers, Dukascopy, and MBTrading come to mind) or with a bank.

OANDA Discussion

They say 10 years is the time required to become an 'expert' at something. If you still can't get the edge at this (don't blame yourself, it's not for everyone, the 5% stats are only natural), then look for other things where you can obtain the ...

Should I throw in the towel after being in the negative for 10 years?

For you, yes. But people in some countries can't really use paypal for this (due to paypal limitations) and bank transfers can be a hassle for them. That's why some other brokers provide a couple alternative e-wallets (moneybookers comes to mind) ...

OANDA Discussion

Yes, thanks for the link (that is filled with your affiliate links ). That is exactly what I already described in my post. Everybody is going offshore these days, with governments being such anti-freedom jerks.

Malaysia central bank states Forex is illegal

I know of no other bröker other than Oanda that provides the following trading conditions all at the same time: - No minimum deposit required - Ability to trade in number units, not in fixed lot sizes (more flexibility) - Ability to open as many ...

OANDA Discussion

That sucks, I'm sorry to hear. What I would worry about is brökers seizing to accept Malaysian customers. If they still accept you, then I would continue my forex activity but would move offshore, in other words see if I can open an offshore bank ...

Malaysia central bank states Forex is illegal

I have one question for you: Why? Trying to "prove" your success to others is a waste of time, it won't gain you anything except maybe an ego boost, which, if you truly are that successful, you don't really need. People will always have ...

The Magic of Compounding

Yep, that's what I like most about Oanda. No other broker offers that kind of flexibility and equality for retail traders regardless of account size.

The Magic of Compounding

I wouldn't be surprised if that were true. Still, I hope retail investors show enough dissatisfaction with the new regulation instead of remaining all silent; surely not to reverse the situation, but at least to prevent it from getting worse.

Leverage Reduction: First USA now Japan. Who's next?

What I think the holy grail is: image

What I think the holy grail is

- hanover, I appreciate your observations. They're the kind of posts that help move the discussion into an interesting and thought-provoking direction instead of having everybody simply agree and/or (re)cite some generic trading cliché. - I love and ...

Trading is an Art

baronfei, By saying "I've been there too once, thinking I suddenly knew it all" I did not mean to claim I know everything, quite the opposite. Mr J is correct, and your argument is too poor to prove otherwise. There is science behind everything, ...

Trading is an Art

To succeed in trading you need to have a true edge. Period. These are beautiful things that you're saying, trading being an art and all. I disagree by the way, my opinion being that trading is what it is. You may call it whatever you want, price ...

Trading is an Art

Indeed. That said, I would advise those looking for alternative temporary solutions to just save themselves the time and the hassle and try to get used to 50:1 leverage already. Also seriously consider this: Never ever vote for anyone who isn't a ...

Leverage Reduction: First USA now Japan. Who's next?