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    Is trading Gambling or not .."What say You" Vote here.

    I only read upto page 10. There you (ElectricSavant) mentioned trending versus ranging. I believe you implied that if it trends, then it is not gambling. If this is what you meant, then I think you also meant that your strategy is a trending strategy. This month I read that the winners...
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    Flaws in my strategy?

    Anyway, if my calculations are correct, even Method 2 with only 4 wires totalling $60 with a 1 pip (0.0001) arb opportunity, would require a lot size of $600,000 to break even. I don't see any concept of margin (except 1:1) for conversion houses. Would this be a correct calculation?
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    Flaws in my strategy?

    Thank you for your replies. What are your thoughts on my assumed requirements #3 and #4? Hi ChoSingKum, Your point 1 is my concern in my requirement 6. Method 1 has 4 separate bank accounts (2 in each currency). Method 2 has only 2 accounts (1 each in different currencies). Yes, I am...
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    Flaws in my strategy?

    Please review these arbitraging strategies and expose any flaws. The "market makers" here just convert 1 currency to another at their exchange rate. They are not forex "trading" houses per se. So I do not enter and exit with the same MM. Assumed required criteria: 1) Market maker #1 "MM1"...
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    Trading account versus Conversion Account

    My bad. It is http://www.interactivebrokers.com/
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    Trading account versus Conversion Account

    In my FX surfing in the past, I came across a broker/dealer or some such who offered 2 types of accounts: a trading account and a conversion account. Would anyone have any links to such sites? (I have forgotten who it was) At the time I was only interested in FX Trading and that broker...
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    Multiple Broker Method?

    I'm glad you asked. You made me adjust my plans. I don't think you have to wait for convergence at all in the stock market. (But I am wondering if that is the only multi-market arbitrage strategy). If you can buy from one market and sell to the other (or vice versa), then you are done...
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    Multiple Broker Method?

    Thank you for the term. Yes, that is what I meant (essentially different markets). So if they ticked in step (no lag?), even with the difference in price, there is no arbitrage method? Now to google more...
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    Multiple Broker Method?

    Is there a strategy involving multiple brokers (at least 2) where the trader benefits from the difference in quoted price and or spread from the different brokers? I thought I heard of such a one (possible in forex), but I just can't grasp how this is possible. Also, if I recall, it seemed to...
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    Best FX trading API

    The FAQ puts that to rest for me http://www.fxdd.com/faqs-5.html#Q32
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    Best FX trading API

    Is it okay to use the Meta Trader 3 API with FXDD? I asked them in March 2006 if they have an API and their response was, "We can make exception but usually $500,000.00 is the amount that we will give someone our API .". Yes, that was the quote. :eek: Now I see they have 3 trading...
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