Search results

  1. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    Because retail traders in the aggregate lose a lot more often than they win. Some people throw figures around such as only 2% to 5% manage to be profitable. If true, then imagine if you owned a company operating as a market maker (not a brokerage, you would be a dealer in this case) and making...
  2. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    Not sure if you are implying I am promoting something and that is a bad thing. Are you? But, yes, and regardless of instrument, risk management comes first. One can have the worst timing and even be the worst analyst, if risk management is done right, you could still make money in the long run...
  3. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    AFAIK yes. How? The same way they do it when market making SPOT FX. If in doubt, read their legal documents as it is written there, at least for those brokers regulated in the UK, Australia, North America, and EU. Other jurisdictions, good luck.
  4. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    What are you on about, man?! Everyone knows about demo trading. And for better learning, you should also trade with real money, small in the beginning, so you can gauge how you handle loss from a psychological standpoint. Other than that, it's as much screentime as possible to develop your...
  5. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    Yes BUT ;) CFDs are derivatives whose price is based on an underlying market and most retail brokers only create a synthetic market for their clients. As an example: the only DMA CFD broker in Australia is INVAST; everyone else only acts as a market maker: the only counterparty to any of...
  6. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    actually, in 2015 FXCM lost close to 300M/USD and almost went bankrupt, and Alpari, well, the UK branch went bankrupt, but not Alpari Group. now, FXCM and its CEO got banned from doing business in the USA by the CFTC because of fraud, but FXCM outside the USA survives and goes on. Leucadia...
  7. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    thanks for the reminder, i had forgotten about SAXO and DC debacle in 2015. taking away short profits, that's the worst. what about Alpari? have you tested them post-SNB? are they still as good as some traders used to tell me? looking at hanseatic now... funny... when you scroll down the...
  8. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    CySec? what's so special about CySec? I'd rather have it regulated by the FCA or FINMA (Dukascopy), or even ASIC. And since you don't mind a hybrid model, then why not check out Dukascopy or FxPro, or better: AxiTrader which is one of the more honest ones with an interest in helping...
  9. pdp

    Dark underworld of forex trading: "A-books" and "B-books"

    your wish might have come true ;) check out Digital Vega.
  10. pdp

    FCM - which one is the safest? or largest = safest?

    my 2cents... look at the size of State Street. the size of assets they sit on represents about 11%+ of all assets worldwide. needless to say, they are huge, making even outfits like FCStone or RJO look like dwarves. the reason i mention State Street is because they own Currenex and...
Back
Top