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No I'm not saying that. I said there is no edge in a frontend. There are good frontends and there are bad ones, frontends that suit you and frontends that don't. But there is no software that makes you profitable once you use it...and that's what edge means. X_Trader doesn't give you edge...

You mean "out of Ackman's customers wallets" ? Ackman is a hedge funds manager. He gives a flying fk about the performance of his fonds untill it's so bad that everybody withdraws. People need to understand that this guy is living off of fees and fees are dependent on AUM. So when it comes to...

Just ask yourself: When has a piece of software that is available to the public for a couple of bucks ever given an edge to anybody?

I'm talking about software, yes. Could you please provide some links to those "several" trading softwares. I have found Coinigy and LeonArdo, and both are utter trash. Thank you : )

Hi guys, not about to dive deeply into cryptocurrencies, but trying to educate myself a little. One thing that really stands out IMO is the fact that there seems to be no single professional trading frontend for cryptocurrencies. You know, something that's comparable to Sterling, Lightspeed...

Well, also with TT it depends on which FCN you use. If you go through an US - house to trade non US markets, my understanding is that the risk check will also go through the US, since the FCN provides intraday margins and it's their risk. I'm generally concerned when it comes to stuff I don't...

"your turn" as in "you have to do the work now". No offense :) Retail market makers are generally the most shitty places when it comes to trading knowledge and risk management, since the people who make markets here know that they can rely on terms and conditions to bail out and they make heaps...

Selling orderflow in options or equities is a different game. It creates a monopoly for those who are allowed to pull it off, but nevertheless they HAVE to execute (regNMS) and they HAVE to report. When a dealer figures out he doesn't like your order, he just doesn't execute or gives you a...

The problem with trading OTC as a retailer is the fact that the Market Maker can effectively shut down adverse selection risk, which basically is the small fry's edge. Let's say you find a counterparty that gives you favourable execution, which in turn means that they bleed money when they...

First of all, you must understand that in FX there is no STP or ECN broker in the sense of "direct access" to an exchange. I guess you know how the interbank market works, so Straight Through Processing would direct your order to?....right, another shop/dealer. Lets take FXCM for example...

Prolly same old "sell into keynote" game, that's played in like every AAPL keynote since first iPhone. Nothing to see here...

finally somebody who gets it

That's a good point, but look at it from another perspective: "traditional education" such as school, university and such produces workforce. There are certain things that need to be done and people get taught how to do them. They get their certificate that proves that they can do it and start...

@pursuit, look, I think we've all been ripped off one way or the other. We bought a book, visited a seminar, some paid a ridiculous fee for a mentor. That's ok, at that point we did not know any better. But I find that there's always hopes and dreams attached to the purchase in question, so...

Well, there are the finger pointing folks. A scammer doesn't make a dime when there aren't enough lazy dreamers to shake the money out of. Selling snake oil and doing it well is an art in itself and it's serious work. I'm not quite sure who I despise more. The scammers or the lazy ass...

It really depends. I don't know if you are/were into competitive videogames but if so, try playing stuff like CS:GO, DoTa or Overwatch with a 200ms ping. There are reasons why those games have a dedicated server for each region. So if your strategy is time sensitive, I wouldn't even consider...

What about counterparty risk?

Peter, first of all, good you join the discussion, constructive criticism improves the product, right ;) To be fair, I don't think that guys tend to stay with the product that they are used to, especially guys who are making a living in this industry. When there is a better product, even the...

For me, fibre connection is enough. I post orders and rely on Qposition more than on speed, but I trade a thick market. When you are mostly a taker and trade fast markets, you might want to shave off every delay possible. Speed game is lost for me, so I'm not a taker anymore. Thing is, there...

I just need a DOM and that's it. Cannot speak for it's other features such as autospreader or ADL, but I find that new TT desktop is pretty much on par with old X_trader. There are a couple of alternatives around when it comes to cost structure so I wouldn't write them of completely. CTS T4 is...