Recent content by patrick_newB

Which tier does gain pro's offering fall in? 2b? Or is this not currenex at all?

The different rates are on the symbols with the green arrow next to it. Meaning those quotes just changed. FXTrade receives data every x seconds, so what happened was that the FXTrade instances for the different accounts are updating at slightly different times, and showing those quotes. If they...

Watch out for holiday follies on illiquid FX.

Yes zero spread I meant. I guess with the EURGBP spread they gotta make a livin somehow! If you look at their FAQ they charge active* traders $1 per trade. Their restriction of 100 lots in aggregate per account is pretty strange. No experience with them just saw it on another forum. *Active...

This one says they offer zero commissions on the majors. Any takers? http://www.profinum.com/

I don't think the vanilla fortune cookie advice with regards to systems applies when you are in the implementation phase. The objective is to get a profitable system up and running at minimal cost. There are inevitable costs associated with implementing a new system on a new platform. The first...

NICE! I think that's the best job description I've read to date for trader or sheriff in the wild wild west.

When I looked into Radianz a while back it was primarily to increase speed. After talking with a Radianz person and pressing them on the issue of speed, they stopped pushing speed as an advantage, and pushed reliability as their advantage as well as their multiple partners. Their service is very...

Exactly!

EUR is Euro futures. EUR/USD is spot. 1.2831 was on futures. Hope that clarifies things.

Are you still in this EC trade? Looks like you're up 120 ticks at the moment depending on how you managed your position. USDbull, if you're still around feel free to chime in. What is your current projection on this pair now that cash pushed through the 1.2645 level? I notice you took down all...

Not so much advantage/disadvantage, but even if you trade futures it pays to follow the spot because the round numbers mean something in spot but not so much in futures because of the prem/discount. Another thing I like about spot is you don't have to roll over every 3 months. Flexible trade...

While we're on the subject, what are considered the majors? I always thought of USD, GBP, EUR, JPY as the 4 majors. It seems like those crosses have the best spreads. Does CHF qualify as a major? What about AUD? Does it really matter what is considered a major and what is not?

You're right, it isn't vastly different than trading in other markets. There are some things to look out for but the trading aspect of forex is similar to trading in any type of market. And just like in trading different types of markets (stocks, bonds, index futures) each trading vehicle has...

Chapter 7 talks about gratitude and how it helps you but the whole book is worth a read and can be done in a few hours. http://en.wikisource.org/wiki/The_Science_of_Getting_Rich I have found that continually pondering on gratitude has been of great value in putting me in the creative plane...