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    10:1 could be the new leverage rule

    Since this is a life-or-death situation for US FX Brokers, my suggestion would be to enter into an agreement with the State of Michigan whereby you will transfer your head offices and at least 3/4 of workforce to within 1 calendar year I'm sure that K Street would embrace this scenario rather...
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    10:1 could be the new leverage rule

    Then answer why I am not allowed to trade CFDs with FXCM UK but am allowed to trade Forex??
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    10:1 could be the new leverage rule

    Very doubtful. The previous de-leveraging (just a few months ago) happened without as much public attention as this instance and absolutely no one raised the issue. None of the FXDC did jack shit! And now it looks like they are acting a bit too late. Serves them good! This proposal...
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    Dukascopy

    Sent an email but so far no response which is why I was hoping someone on this forum could help out with an answer The custodian bank option makes them really attractive - since essentially, my funds would be fairly well protected with the likes of SocGen, Barclays, etc...
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    Dukascopy

    Are US citizens (and currently residing in the US) allowed to open an account with Dukascopy? I'm very interested in: http://www.dukascopy.com/swiss/english/forex/custodian/ Anyone with experience - please chime in. Also, what has your experience as a trader with them been like...
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    10:1 could be the new leverage rule

    Thanks for your honesty and professionalism... So how would FXCM UK traders be affected? Were this 10:1 leverage to be passed in the US. Thanks!
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    10:1 could be the new leverage rule

    I have a bad feeling that we'll be trading with 10 times leverage at the end of this quarter. They seem to be pretty serious about this crap -------------------------------------- Watchdog closes retail forex loophole By Gregory Meyer in New York Published: January 12 2010 19:26 | Last...
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    10:1 could be the new leverage rule

    Wouldn't you think that the chances of this proposal getting approved are extremely high? I remember the Treasury Secretary officially stating he wants the currency markets stabilized a few days ago -- that is some serious lobbying power!!
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    10:1 could be the new leverage rule

    Jason, Your prompt and robust response is greatly appreciated. But the UK division also lowered its leverage following the US (in Nov 2009) so why would FXCM UK traders not think that their leverage would be lowered even more - should the CFTC suggestion be enacted?
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    10:1 could be the new leverage rule

    Jason, Your firm has to partner up with competitor brokers and pony up some serious money to hire some lobbyists. Or else, the FX industry in the US will be dead
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    10:1 could be the new leverage rule

    So how does this process work? At the bottom of the PR, it said something about submitting comments within 60 days... So does that mean that we could expect some type of decision-making process to begin in early April? If someone has some knowledge on this subject matter, it would be...
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    10:1 could be the new leverage rule

    What makes you even think that Britain would lower the leverage for off-exchange fx? Isn't currency trading vastly more popular over there? It is not as popular in the US which is why these fx brokers don't have any lobbyists in DC to help them. A few months ago, the authorities made a...
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    50-100% monthly returns

    A bad trader tries to make profit everyday A good trader tries to make profit when the opportunity presents itself
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    50-100% monthly returns

    50% per month is easy The hard part is keeping it
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    Rumor--big Non-Farm # tomorrow

    There's always a rumor a big jobs number every month...lol I think we come in-line with expectations. Hoenig already laid out the playbook an hour ago...
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    Difficulty of EURJPY

    Real interesting stuff. Cheers for the link! :cool:
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    Cigarettes

    Does running help any with reducing the chances of lung cancer? Just curious...... I actually smoke maybe 5-10 packs per year - for the past 2 years - after been an active smoker for 10+ years. As a trader, sometimes I just feel like I need a cigarette
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    Cigarettes

    We all know that these buggers are horrible to our health But are nicotine-free cigarettes any better? I smoke off and on -- and think that nicotine cigs are much much worse I have also been told that chances of lung cancer are less with natural cigs like Nat Sherman
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    Difficulty of EURJPY

    Definitely one of the more volatile and tougher pairs to trade Does anyone have any thoughts as to exactly why this pair is tougher? Is it just the simple of combo of volatility monsters like Euro and Yen or is there some other reason for the difficulty factor?
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    IBFX is absolutely retarded ! ! Avoid them ! !

    You sir are the retard! I was referring to IBFX (Interbank FX) www.ibfx.com NOT Interactive Brokers LMAO - piss off ! :D
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