Recent content by clandestine

Same thing I was told. Super-duper.

+10. Good post.

He has accounts a two independent brokers. If he's looking to take all of his business to one place, I'm sure either of them would be happy to set up sub-accounts for him.

That's the million-dollar question, tip. The answer: No f-ing way. I asked the same when I started trading the spot market, and was practically laughed off the phone. If we could arb those suckers for real, a la REAL ECNs, we'd make all the money. Back to the drawing board...

Sure G...the line is drawn when your scalping style starts to eclipse that of the trading desk. MAN those pig fuckers hate to lose...even when obviously out-traded.

Requotes are running rampant at GFT...I had to close my account because of it. I could go on and on about these guys...

Well punctuated... rayd, I agree with you 100%. I too was somehow labeled "aggressive" by GFT, even though I'm basing my trades on their quotes and charts. ?????!!! I am disgusted by their dishonest and arrogant behaviour. I call the trade desk every time I get screwed - the answers are...

Cosmic, I can comment about daytrading FX from firsthand experience: In order to compare fairly with futures, I feel one must first assume that he/she is getting an automatic fill at the quoted price/price clicked on. Electronic fills are a given in futures, but NOT w/ spot FX. I'm in the...

What are the requirements to trade the institutional platform, and why are there two separate platforms? When are these other banks signing on to the retail side? How many are on the retail site now, and how many will there be?

Welcome to ET - nice first post for a "newbie". Keep up the good work.

Haha good one. Question though: Why the hell would any decent forex trader pour his heart and soul into a month-long mini-contest? For the time invested, the potential reward is a pittance. This contest is akin to "ring toss" at the carnival. I know guys that could rip this contest...

thanks, roberk... good thread.

roberk, Account size not the issue. Do you trade currency futures? How is the liquidity? Have you compared with a bank? Compared w/ Hotspot? Compared w/ fillintheblank broker?

OK...well if no more comments, then CONCLUSION: FX brokers = complete sham. Fill when convenient and/or beneficial to trade desk. Get filled if it's going in my ass? "SURE THING, SIR...WE HONOR OUR QUOTES, AND THAT'S THE PRICE YOU CLICKED ON" If not beneficial for desk, then REQUOTE...

Good God, you'd hope so...come on brotha Kicking, talk to us... Oh, and FXCM: Why no scalping/picking? Is that not a legitimate trading style?