I'm still thinking about this topic.
For those 5-10% who are making big bucks trading...wouldn't brokers be tempted to try and reverse engineer their strategy?
I try to think from the point of view of a brokerage. If I were running a brokerage I would...
1) Make big bucks earning the...
These type of averaging down is call "Martingale".
It can never be a viable trading system because there will eventually come a trend long enough to wipe you out.
Unless you spread your capital per trade in such a way as to be able to average down all the way to 0. In that case, the...
I didn't like the odds either. Most of the time the risk:reward is less than 1:1.
I second that. Why the resistance in offering vanilla spot currency options? Maybe they felt that people would just go to CME for those?
Oanda just released Box Options for several pairs. What do you guys think about them?
Total rip off or a fun alternative way to lose money trading? hey, we all know 90% of traders lose, might as well have fun while doing it!
Well, you have been a CTA before right? OPM is about constantly being scrubbed with a fine tooth comb and receiving more phone calls asking how their moneys doing than phone calls from your girlfriend. :D