Recent content by HornedGod

I think it's great to know who some of the best forex traders in the world are. Just knowing that it is possible to make it big, and to see evidence of that in other wildly successful traders, can be a great source of inspiration and drive. To that end, I've inducted Bill Lipschutz as the...

The previous comments above that you've created a synthetic position that equates to a short EUR/USD position is of course dependant on the lot sizes for your two positions. If you bought and sold the same amount of CAD in each position then you have in effect ended up with a short EUR/USD...

My forex blog is called ForexSpirit and I have about a years worth of journal entries and other postings on it. Some articles that people might find interesting on it include: * Correlations: A look at currency correlations, and how they are used by programs such as FreedomRocks (which I...

Thanks for the info cstfx. Do you know of any fx prop firms outside of NYC?

Global FX state on their website (for example here) that they have a facility in NYC, although this could be a broom cupboard for all I know atm. I'll be contacting them this week to get the low down.

The crazy high leverage is mainly used as a marketing ploy by the retail brokers to reel in the newbies. If a forex trader has any sense they won't use gearing anywhere near that amount.

The only forex ones I've come across so far are Forex Trading USA and Global FX LLC. Xerxes Trading seem to offer forex now too. Are there any others out there? I've been hunting around for them for a while now and this is all I've come up with.

I also noticed that one of the author's of the the .pdf linked in the first post in this thread (the Currency Trader article) is Hannah Terhune, who is now the main attorney at Capital Management. I can only guess that she used to work for Green Company but left to start her own trader tax...

The main limitation on a forex fund is: "As a private fund, a forex fund cannot legally advertise either in the United States or abroad and it can only accept investors “known” to the fund manager. However, a fund manager may have a website to advertise its advisory business in most cases...