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    news trader friendly forex brokers. Need recommendation

    I will not mention any names which would be besides the point. For all intents and purposes, I did choose a known name in the retail FX space at the time which featured in to top 5 of google search results. Read the T&C/disclaimer/risk documents very very carefully, it typically states in there...
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    news trader friendly forex brokers. Need recommendation

    If I were to play FX on news, I'd go for CME contracts anyday over any OTC FX firm. Reason is simple and compelling: there is no conflict of interest: it's a centrally organised market place, there are rules and regulations in place to protect everyone and the clearing house ensures all...
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    Does anyone use a reliable FX broker?

    What about FX contracts on the CME? They come in all sorts of notional sizes. Any FCM should offer access to them. Centralised trading venue, no conflict of interest, sensible margins, no overnight/holding/carry fees, just a few benefits on top of my head. That's in my humble opinion the closest...
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    How to Enforce Discipline on Entries?

    What rule of entry to you have? Gut feel/intuition? Have you considered limit orders? Once filled you set your stop and you're pretty much done.
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    GE fly 1 year out

    I think Z is a technical month: year-end liquidity management. One of those tail risks, so being long Dec would be taking the other side.
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    tips for become a good trader?

    As it has been said before, keep leverage low. Volatility should determine the trade size. To risk 1% on a say 10k account is $100. That can be 10 ticks, 100 ticks or just 1 tick of price change depending on the size of position you put on. Now you have to figure out for how long you plan to...
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    Will algos&AI take over? Is discretionary trading coming to an end?

    I think the choice of tenor is key. Short end of the curve: HFT, algos trading news/events impossible to beat with retail technology/set-up. Technical/swing trading? Don't know, longer term? Well, machines cannot speculate, they can make excellent inferences based on ML and all sorts of...
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    what is your opinion about TickMill ?

    Tax reasons, agreed. I also read paragraph 4.6 of their risk disclosure document and no thanks. Not for me, I want an exchange clearing house on the other side of my trade. call me old-fashioned. I have no intention to insinuate anything negative to Tickmills registration in the Seychelles. I...
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    Study says Daytrading for a living is virtually impossible.

    That's interesting! Based on what I have seen first hand in the softs trade, merchant houses are by definition basis/spread players. This is the bread and butter, the very core of the business. Buy physical sell forward, and views are taken on relative value, ye olde basis trade. There were some...
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    Study says Daytrading for a living is virtually impossible.

    Hi Ilan, if I may ask, and this is by no means targeted at your firm, but the retail brokerage biz in general, is the say average holding period a significant (or not) contributing element to retail profitability? How prevalent is spread trading compared to outright amongst retail clients...
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    Tactics to Become a More Patient and Disciplined Trader

    I switched from outright to spreads only. Some might say, you can watch paint dry, but they trend. Similar risk profile to slow moving stocks or bonds. That has taught me patience. I am no longer in a rush, I can sit back, watch and wait.
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    ADMIS - the safest FCM out there?

    There was MF Global, spin off from Man, the commodities house. Well, we know how this went ... ADM is a commodities processing business and in this line of work, plenty of consolidation has occurred in the past decade or two, so is this a guarantee in principle? No. The parent group may decide...
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    Study says Daytrading for a living is virtually impossible.

    Why is everyone getting so upset about this daytrade paper? If you've been day trading for years and are profitable, you can keep stumm and rest assured you belong to the lucky few who made it. If you're on the outset of giving day trading a chance, you got something to really think about and it...
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    what is your opinion about TickMill ?

    Tickmill is the trading name of Tickmill Ltd Seychelles, regulated as a Securities Dealer by the Financial Services Authority of Seychelles with licence number (SD 008) and the Principal office at: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles. According to their website. Enough said...
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    tips for become a good trader?

    In trading you're in the risk management business. So, keep the trade size small, say 1% of total equity. This ensured you can't blow up quickly and stay in the game in the long term (google 90/90/90 rule). But before you trade real money, develop a strategy and back-test it. No eye-balling but...
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    Forex Optimum - review

    only because these guys have a London telephone number, this is at the bottom of their web site: The forexoptimum.com website is owned and operated by Forex Optimum Group Limited 20603 IBC 2012 (1 Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the...
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    strategy or tips

    Start trading real money when you know whether and where you have an edge. Don't follow tips or jump from market to market and idea to idea. Do your homework first. There is no such thing as a free lunch. This is not a game. Trading is a business.
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    Which Trading System Or Strategy Is The Most Profitable?

    "Which Trading System Or Strategy Is The Most Profitable?" -- in FX you mean? Maybe not to trade FX at all. What is profitable is for you to find out.
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    Your opinions about Tickmill UK

    Tickmill is the trading name of Tickmill Ltd Seychelles, regulated as a Securities Dealer by the Financial Services Authority of Seychelles with licence number (SD 008) and the Principal office at: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles.
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    If you have just open a $2000 account,what would you do?

    spreads are quite affordable margin-wise and low risk.
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