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Do a test. Place some small trades on a stock from one of the non US markets (London for example). You don't need a market data subscription for this. Just give yourself trading rights for that market if you haven't them yet (use Account Management). Watch prices from an external source (e.g...

The thing with customer support is that I'm not sure if they won't give me the answer that I like just to make me open an account. I am not counting at all on objectivity in their part, I think I may find more neutral opinions on this forum. I actually contacted them and they claim 1 year...

I am searching for a broker which has a large offer of tradeable instruments, low transaction costs (deep-discount type), global markets coverage, and very important, which has a free API and some real time + historical market data available via the API. Not interested in too much holding...

Saxo Bank, as far as I know.

Stop Loss is not a limit order, it's a market order (you want a guarantee that it would be filled and you are ready to accept a worse price for that guarantee). Asking what market maker would fullfill it's "guaranteed" stop at news time, it's like asking what market maker would give you free...

Saxo Bank has 160 currency pairs, you'll find whatever you want there. Oanda also has quite a broad range of currencies. The Turkish Lira was a real gold mine in 2007. The offered interest rate at Oanda for TRY is 15.75% today. It is still the best carry out there, but overvalued at the...

Take a look at fed futures. They are pricing 26% chance of a 50 bp cut. This is no bullshit, it is a real possibility considered by thr market right now. Yep, it really looks like fed madness, but ben will do whatever it can to stop a recession. Personally I don't think all the rate cuts in...

The rate cut is already priced in at this moment, so the market will rise only when odds for a 50bp cut will improve. Meanwhile there might be a surprise cut in the discount rate. This also could give some boost to the market.

Good point. The problem is that many people keep clinging to the past while we are living times of accelerating change. Its not even a matter of good or bad (although in my view, this is the most exciting time in history). You have to adapt in order to survive. It's as simple as that. What's...

:) The fact is that these illegals are even more economical than machines at the moment. But don't worry. This is just a transitory situation. Computers/technology costs decrease exponentially. Illegals costs rise on par with the overall inflation. The two have to meet at some point.

Well, we would all better get used to this trend, because low skill jobs are being taken over by machines. They're more economic than humans. Don't fight the trend!

1. What lang did you start with? It was BASIC for small home-computers with Z80 CPU and about 64K of memory. That was a long time ago, in the early 90's. Then it was Pascal, Object Pascal, C, C++, some Assembler, Visual Basic, and some other more exotic languages I used mostly in...

All curencies are fiat (paper) nowadays. All modern economies survive through contained inflation. We must have inflation so that we do not have deflation, which would be much worse. The dream of any central bank in the world is to maintain a continuous inflation of between 1 and 2 percent, no...

Dukascopy has two separate businesses. One is as broker/market maker (www.dukascopy.com). The other is research & software development (www.dukascopy.net). Unil last year, the reaserch division also operated as a market maker, but with small accounts (only 500USD required to open). I...

The strategy you are describing is not really "trading news". It is more likely "straddling news" (which is similar to buying volatility). Trading news means taking a directional move seconds, or fractions of seconds after a news release, taking advantage of the speed of your platform and of...

This is a danger / opportunity which is looming today also. Do you remember what was the event that triggered this unwiding? Many traders seem to forget what happened just a few years ago, thus the history has a clear tendency of repeating itself...

You're welcome. The truth is that I also learned a lot from other posters on this forum, which are more knowledgeable than me... :)

I think the interest rate decisions are more likely to act at the medium term level, where carry trades are. I don't know for sure what are the more fundamental forces that determine the long-term downtrend. I have just pointed out that it exists. If I was to guess, the yen tendency to...

1 million is no doubt a large amount of cash. It is not enough, however. My estimate is that the net worth from which a person can be named a "wealthy person" is 10 million. This means that at the risk free rate he has an income of 500000 per year. Any person earning more than $500000 per year...

You can very easily borrow in yen. The japanese are injecting liquidity in the market for years in a desperate attempt to combat deflation. That's what "quantitative easing" was all about. Yen based carry trade is one of the most popular financial schemes in the last years. Borrow yen and buy...