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At OANDA, all positions are automatically closed when margin is down 50% with either 20:1 or 30:1.

It's true that OANDA doesn't have OCO. But you can have limit orders set at any price, above or below current price. At the same time, you can also set the take profit and/or stop loss. At OANDA, the limit order is triggered when the limit price is touched, from above or below.

Misread your post. If you were holding USDCAD short since Dec, then you should have earned many pips in the daily swaps, not paying them.

I don't think swaps are 5 pips a day. I haven't had a USDCAD long overnight for a while. The last time was January, the swap then was less than 0.9 pip a day.

You can always trade FX and you can do that 24/5.

Which of Schwager's books are you referring to? I got his first ever book plus the 2 Wizards books. There is so much in the Complete Guide to Futures Markets that I never actually read the whole thing. Seems like too many authors have joined the a-book-a-month club. I never bother with...

The third edition of this book was the first book I bought years ago. I consider it a classic.

One book I like is Jack D. Schwager's "A Complete Guide to the Future Markets: Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options." Not sure if it is still in print. It came out in '84.

There are a few FX traders around here, but I think you will find more over at moneytec.com

Had a quick look. Less than 80% in 3 1/2 years. I think I will stay with spot FX.

I have no ideas who shortboy is or was. The only reason I am reading this thread is the thread title caught my attention. Is his website still up? I just might wander over and have a look.

The Olsen Group (formerly Olsen & Associates) has been around many years. That's more than I can say about most online FX firms. Do your own research before opening an account with any firm.

Lots of traders at OANDA have withdrawn money without any problems, some on a regular basis such as monthly. For myself, I withdrew my initial deposit after having the account for 3 or 4 months and currently trade with the profits and interest earned. The money I withdrew was in my bank...

OANDA is the best place for small FX traders. They have no standard lot size of 100,000 units or mini lot size. You can trade one USD, EUR, AUD, etc. if you want. For small or inexpericend traders, you can try your strategies or whatever with small trading accounts without losing your...

The last thing we need here at ET is your daily analysis from your company.

No, with FXTrade you can have 20:1 or 30:1 only. In the past, you have to email them to get 30:1. Now it is self-serve by using an online form.

It's only 12:30am here on the left coast. The FX market just opened up in Europe.

I trade around the clock. I have the trading platform up 24/5 at home or at the office. At the office, the trading platform is on a second computer on my desk so I can keep an eye on the market. At home, I like to be at the desk for about an hour or 2 when a regional market opens or closes...

Yes... In fact, it is the only market I have been trading for the past 10 years.

Prior to this ECHO announcement, I was considering trading e-minis with Advanced Futures where they charge $2.45 plus $0.50 per side using J-Trader. Can anyone explain how this J-Trader works? Is it done over the internet by connecting to ECHO's or Advanced's server?