Recent content by ramack

Accepted, thanks.

Com, I didn't think so, thank you.

Wow, asking a simple question gets these responses??? The reason I asked the question is because I know a US trader who was recently shut down by the CFTC for not being registered with them. His situation is different than mine...oh, and this is part of my research.

This is aimed at USA Fx traders. When trading with our own funds do we need to register with NFA or CFTC?

I can make it. So far two of us?

I'm interested too. Martin and I had a good lunch and chat. Let keep this going! Rich-Centennial

I am trying to understand something that is very basic and fundamental, but I'm missing what I feel is a critical step in Fx in going long or short in the crosses. Being in the USA, all my transactions start and end with the USD. So...say I go long on a pair, EURUSD, I am selling dollars and...

This is only the 'pros' for me personally of Fx vs stocks. Two [major] items for me (I'm in the USA) is: 1) There are fewer currencies to research and track than individual stocks. That saves me time. 2) Starting Sunday afternoon through Friday afternoon (MT), the currency sessions are...

Great, thanks for the response! I was thinking and expecting it would be pretty simple.

I'm not quite ready to go live, but just looking ahead on how to treat the cash flow. by the end of the year, maybe sooner, Fx will be my income source. I have a single member LLC which I will be trading through. But I have personal funds which I will transfer into a business bank account...

Anyone know the cause of the drop today? Almost 100 pips...