Recent content by Pipstar

Shame on Deutsche to be even associated with this bucketshop, FXCM.

I tried their NDD platform with a very small amount and it's not worth the effort. They fill you at top or bottom of spike in fast markets, you get slippage and have trouble closing position if in profit. Market orders are rejected in volatile times if price moves 1 pip as you click. Their non...

What sort of volume were you trading? Was that mainly during news time?

I think you require $ 25,000 to open a currenex account with Aarontrade. How much cheaper are they than MB though?

When you say that the spread is too wide, fxsol has 3 pips spread on euro and 4 pips spread on GBP, I can live with that. But does Fxsol have fixed spreads though or do they widen the spread at news time???

Can anyone who trades with FXSol tell of their experience when trading the news with this broker. Does Fxsol widen the spread on big announcements or do they have fixed spreads? How is their execution like? I am seriously considering this broker and would like to hear from those trading with FxSol.

Thanks for the clarification. But if you are scalping and are not able to quickly close positions that are in profit, there is no way you will win. MB Trading must know that. On the one hand they tell you that you can scalp and on the other hand they have an unfriendly strategy in place that...

The last time I tried the MB Trading demo it seems they consolidate all your trades in the one position. If you open 5 trades they all become one trade on their tradestation and it just adjust your entry price by averaging. Therefore you cannot close your seperate trades for the same pair one by...

As long as the scalper is making $$$ does it matter whether it's inferior or superior. Honestly, it's neither. Scalping is a very rewarding trading strategy from my experience. I personally could not sit in front of my screen watching a stock tick over 1-2 cs every day and still hold for...

Someone mentioned doing hundreds of trades taking 2-6 cents per share in 100-500 shares lots. Therefore, one need to use a very low cost broker. Which broker do you guys use for scalping and whats the cost per round turn?

I have always wondered how many FXCM representatives roam this forum pretending to be traders answering queries, offering possible solutions to problems. or justifiying the poor business practices of that particular broker. I have a feeling Trader/God is well placed to answer this question :D

Roberk says: Finally: the main reason for success or failure is rarely the broker- it is you, the trader. -------------------------------------------------------------------------------- Jimrockford says: This just isn't true. Do a little research on the CFTC website. You will find an...

Steve Is it true that scalping is allowed on your platform? Or is this just another marketing tactic? What makes you in a position to allow it when every broker I have used so far have discouraged it and put in place obstacles such as reduced leverage and dealer intervention when you are a...