fx1001

Re: U.S. regulated Forex Dealer Members Quoted from another forum: "Here is an example: you have the following position: 1) 2 lots 2) 2 lots 3) 7 lots If you want put a conditional order on the 2nd 2 lot position, you will no longer be able to do so because your first positon is the same size as the one you are trying to close now if your order goes like this 1) 2 lots 2) 7 lots 3) 2 lots If you want to close 7 lots, you will be able to do so beacuse the previous position is a different size That is the stupid rule that NFA came up with". ---------------------- Regards

U.S. regulated Forex Dealer Members required to execute trades on a first-in-first-out basis (FIFO) as per Compliance Rule 2-43 (b). Effective after July 31, 2009, the National Futures Association (NFA) will require all U.S. regulated Forex Dealer Members to execute trades on a first-in-first-out basis (FIFO) as per Compliance Rule 2-43 (b). FIFO requires that when multiple positions are held on the same currency pair, the position that was first opened will be the first to be closed. As a result, forex traders will no longer have the ability to selectively place stop-loss or limit orders on individual trades, nor will traders be able to modify or close trades from the “Open Positions” window. The NFA’s stance is that FIFO provides more transparency to customers, offering a more accurate picture of the P/L on multiple positions than viewing results of individual positions. This also brings the forex market more in line with the practices of the futures and equities markets. ********* One more privilege for the cheaters.

Re: Tadawulfx scam/cheating revealed with proof Hi, Do you calculate the spread also???