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I shiver at the thought of following Coinz/Skalpz. :eek:

strange. IB, Oanda, Refco and all the OTC dealers claim they get their quotes from Interbank. This "interbank" has to be the source right? you sure? i was under the impression that the rates has to touch or go thru the limit pipette to be executed. from all the complain posts on Oanda forums...

LOL that got to be one of dumbest thing I have read in a while. Wanna grab a hotdog?

Reuters Interbank. CME FX Futures. Sounds official enough.

But you cannot fully confirm if they're really mechanical engineers until they show their credentials right? I mean if you're a boss who is a mechanical engineer and you're looking for mechanical engineers. What do you ask for first? Can successful traders recognize successful traders? No...

If i place a Buy Limit at 1.20005 and the price moves to 1.20001. I don't get filled. It'll only trigger if price moves to 1.20005 and above. Meaning i'll get filled at 1.20005 when price moves to or beyond 1.20005.

How do you know whether they're successful traders or not? Have you seen their audited brokerage statements?

dude, pipettes at Oanda are made-up. they are not real. NO ONE quote in 1/10th of a pip. you know how Oanda does it? they have it change RANDOMLY. Yes! Randomly! it still goes up/down by minimum 1 tick but they just change the last digit (pipette) to a random number each time! it...

i heard IDEAL PRO has lots of slippage. anyone experienced that?

box options spread = one of the worst

i'm starting to believe that LUCK is a very big part of trading. say you design and backtested a system with 70% winners and 30% losers at 1:1 risk:reward ratio. a positive expectancy system no doubt. your theoretical max losers would be 4 losers. (0.3 ^ 4 < 0.01) what this means is that...

oops sorry, must have been that 3.75 pt day then.

how do u know if a pullback is coming? what if that pullback never comes?

perfect my kabulla*. oanda's platform is one of the most basic out there. limited indicator support, no custom indicators, no 15 minutes charting, no API, no exportable historical data, old historical data gets deleted, no trailing stops. On top of that, US$30 withdrawal fees! But the good thing...

aug-sep 2004

u scale down your position size as you take losers?

chill guys i was just fooling around. anyone read Terry Pratchett? "floating face down in a river" is one of the standard gags in it. :D

wouldn't the eventual inevitable stop out be really painful if u average down? tharp said (not saying tharp is any good in the first place lol) if u average down u'll be at your biggest position size on your biggest lost while u'll be at ur smallest size on ur biggest winner.

With 1 point a day starting at 1 car i can become a multi-millionaire in about 2 years. Not that its impossible to do 1 pt a day. Just stating the rewards. :D Summer....is that sept time for u americans? i hate summer index futures. 1 pt range on ES gives me nightmares. I remember being...

Hmmmm....how did you arrive at this figure? Thanks all for your input, keep it coming. Do you guys tweak your systems so as to avoid losing streaks? Whats the longest streaks you guys experienced? How do you know to continue trading or give up? Hmmmm...how do you improve the quality of...