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hermanhess

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Everything posted by hermanhess

  1. Re: Broco warning!!! i was just joking APopovA :)
  2. Re: Broco warning!!! from russia with love :((
  3. when will ibfx open uk office? Friends, does anyone know when ibfx will open the uk office? whenever I ask them they say "cant give a date yet", "still in the process" first they said march and now its march and they're saying "not yet" does anyone have any information as to when they will be opening the uk office? i need hedging with nano lots on MT4 and thats why I'm waiting, I'm not at all comfy with fxopen.
  4. Re: ETORO Broker etoro is a complete scam i hear they've denied payout to some of their clients for big amounts, small amounts are no problem they will pay out immediately .......
  5. Hi gang, Here's an intersting article about Robert Kiyosaki. Fraud or seer you decide, I'm not saying anything its just an interesting article I wanted to pass on. Personally i have found no value in his books ...... but maybe thats just me. hxxp://www.johntreed.com/Kiyosaki.html also here's what wikipedia has to say
  6. Re: FXPRO spreads are on the lower side compared to other brokers, execution is reasonably good. No problems so far. Only problem you might face is if you have a small account because the lowest size they offer is 10000 units of currency called a minilot. As other members have pointed out this size may be too large for a smaller account. If you have a reasonable sized account then this will not be a problem for you.
  7. Re: FXPRO no secrets between II mmebers ;) been with them for less than a year now, 10-15 pips sl is rather small its very hard to succeed because of market noise, your chances of long term success are very slim. I dont mean to sound discouraging or anything but its just i want to pass on my advice to you for ur success. Also demo is a complete waste of time in my opinion. The only use it has is of you becoming familiar with the trading platform u use. You know what happens when u click the buttons and how price behaves during news times and what hedging is and all that stuff. Well maybe its not a complete waste of time say its worth only about 2-3 days or max a week of demo is useful. Trading has a lot to do with emotions not logic, markets run on emotions not logic and in demo you're not testing your emotions deep down inside you know its only pretend playing. (Read the book Reminescences of a stock operator). Even if a broker takes the otherside of your position he cant stop you out if you have a wide stoploss. Well he can but its not worth the effort to him unless a lot of stops are clustered in that area. Also he cant deviate the price too much from the interbank mean because then arbitragers will step in. These arbitragers are constantly watching the market with automated s/w and looking for price descrepencies they can profit from. My advice is transfer ur strategy to a higher time frame it will give u a better chance of success not because of stop hunting but because of market noise. If and when u succeed on a higher time frame only then consider moving to a lower time frame. Also dont waste any more time with demo start immediately with a small live account, stop hunting is at present the least of your problems.
  8. Re: FXPRO Hi I have also a live account with fxpro, no problems till date. You are probably a new trader? Is my assumption correct? Unless ur a scalper stop hunting will not effect you. Stop hunting is a very detailed topic. In the OTC market as there is no centralised exchange its not possible to know by how much the broker marks up the spread from what they receive. This is true for all brokers even with an ECN you will notice a difference between the bid and the ask (most of the time) how do you know they're not marking up the price? Stop hunting actually originated in the pits by pit traders as they had all the orders they knew excatly where the stops were and would bid price up or down to take out stops. This was called open outcry system. But even in those days there were off floor traders who made a lot of money. Millions of dollars. So my advice to you is not to worry about stop hunting UNLESS you are a ultra short term scalper. The most important factor in selecting a broker is safety of funds. Other important issues are spreads, fills/execution, support, server down time, additional fees. Regarding slippage its reasonable fills for the forex markets. Actually you want some small degree slippage during news times, because then you know they are actually passing on orders and not taking the other side of your orders, If any broker guarantees stops or fills it means only one thing -----> They are taking the other side of your order otherwise how else can they guarantee this?
  9. Re: Dukascopy Metatrader 4 platform By FXCM level 2 do you mean the 25k active trader platform?
  10. Hi Guys, I'd like to know if any broker (good reliable broker) offers X-trader for free or at reduced cost?
  11. Re: Dukascopy Metatrader 4 platform Hi guys If dukas goes mt4 live in jan with minilots i'll happily do business with them I n the meantime I found a website which claims to give a rebate of 45% on dukas commisions which means it would be like a dream for us. Dukascopy ECN with rates vheaper than OANDA Unfortunately I dont know how reliable they are i just found the website so guys lets get together and investigate about this website and rebate the website i found is http://www.molecule6.com/en/dukascopy-ecn-broker-a-rebates.html?gclid=CP7-wdqf7Z4CFYIvpAodJQ4uIw
  12. Re: Dukascopy Metatrader 4 platform finimej when will they go live MT4 and when they go live will they allow minilots (10k units of base currency)?

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