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    FORGET ABOUT OANDA, new kid on the block is..

    cont... Having said all of that, I'd like to make a few additional points about the Forex markets, execution, and our platform. In reality, the retail Forex world is made up largely of unsophisticated traders who have not traded anything before. You can usually recognize these people because...
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    FORGET ABOUT OANDA, new kid on the block is..

    This post is from another board but has some good info: There are many keys to understanding the Forex markets, and there are many parallels between the Forex markets today and the stock market back in 1995 and 1996 when ECN technology like ISLD and ARCA were coming about. The non-deal-desk...
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    EFX Group or OANDA?

    Yes and no. If you sign up with EFX Arizona branch, and trade a certain amount per month, they will pay for your eSignal subscription. I've been told they are soon to release their own charting which should be in sync with their feed, within a month.
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    EFX Group or OANDA?

    I am with EFX and also use eSignal. However, I don't use any of the programming you're talking about. I do know that EFX is coming out with their own free charting program within a month which will be nice. Have not had any complaints with EFX. No problem getting in and out of trades, etc.
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    anyone trade Forex with MB Trading ?

    Word is that MB/EFX Group will be coming out with their own charting program within a month. I understand it to be a free deal for customers as well. I use eSignal and am a customer of MB/EFX. I like to watch the feeds of GFT, Gain and COES in eSignal. All seem to be real close to MB.
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    anyone trade Forex with MB Trading ?

    I've been using MB for a few months and am very pleased to date. The spreads are tight and often times during the NY session, the spread is 0. As for the commissions - I'd gladly pay them knowing my orders are placed as soon as I click. Can't say that for my previous broker experience. If...
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    106% in 30d in my FX acct

    So what are you basing your exits on? Do you always go for 10 pips. etc...or do you have specific targets based on other factors?
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    For people trading at GFT

    EFX Group is a part of MB Trading. http://www.efxgroup.com/ They are an ECN - no deal desk. I've had no issues with them so far. I was with GFT for only a couple months or less before I started to notice my fills getting messed with. I liked to trade around the news when price action...
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    Anyone using EFX Group?

    I use EFX Group. Comm are $5 per 100K. Also, they give me a nice discount on my eSignal subscription (thru the AZ office) which makes a big difference. I like the platform and my orders have all been lightning fast, which was my big concern coming from a deal desk broker.
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    Anyone trade on Propfx?

    I would also like to know of others experience with them. I used the demo which seemed nice, although I don't like the fact that it's Java based. I really like the idea of it being an ECN with no commissions. Just haven't figured what's the catch!?
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    For people trading at GFT

    I was with GFT and left since my fills were terrible. I like to trade the news (shortly after release) and would get huge slippage and many re-quotes. I got to the point I could not trust using them so I left and went with EFX Group.
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    Advice on keeping a Good Journal?

    I log all my trades (Forex) in an Excel spreadsheet, down to every last detail I could think of. In addition, each trade I make I take a snapshot of the chart, marking my entry and exit and general remarks for getting in and out. This is great for going back to and reviewing! I also have...
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    Recommendation for tax lawyer?

    Same thing happened to me - just got a letter in the mail from the IRS stating I owed more for 2004. Just went to my tax guy and he issued a new Sch D. We'll see how it turns out. According to him, it was/is no big deal!? I guess he put too much into my long term loss which is what created...
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    Question for the daytraders: What is your family arrangement like?

    I work in my office which is on the main floor of our house. My wife stays at home with our 3 yr old daughter. My daughter is pretty good about leaving me alone when the office door is closed but sometimes still comes in and wants me to play, etc. It can be trying at times, especially when...
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