Search results

Yes and FCA regulation should be top priority because apply strict rules to brokers and there is minimal risk of scam

And how much time should we spend on demo? It took me two days to get up to speed with all functionality at Hotforex demo so I guess demo benefits are overstated

The problem with binary options is that there is no market for them, the binary broker is a market maker and is free to put you in worse position, limiting payouts, expirations, slowing execution and use other deceptive practices. Clearly it is in their best interest.

Great I was also quite young when I started trading, the positive aspect of this is that you full of energy and open to even dubious trading opportunities (like Bitcoin was)

Try Tickmill or Hotforex I noticed that on some pairs like USDRUB during opening the spread is really narrow compared with other brokers.

What's is beta spread? Is beta excess returns in this example?

A rule of thumb when you consider arbitrage strategies is that all obvious dumb arbitrage opportunities you spot most probably have hidden costs which eat profits. Basically I would say time, knowledge and money you invested to find some arb opportunity directly correlates with its profitability.

You can try Hotforex, Tickmill FxPro what I like about them is low latency of order execution when you use VPS.

like if your model implies a high ratio of short positions then during a bubble period it may exhibit bad performance. Or for example your model is not robust to volatility changes then it could deteriorate.

You have to have very good intuition and follow markets for a long period of time to see if price exhibits some anomaly at certain levels, for example round numbers. For example, it works on crypto because many base their decisions looking at some levels which create self-fulfilling prophecy effect.

How do you verify the claim that they have ECN. As per my experience it is really hard to assumption to check.

What is your trading system based on? Automatic swing strategy or something like that?

Bad quotes which happen often, wide spreads or spread widening especially during news and first minutes when some markets open, unreliable regulation. Of course it's not evident if you place a couple of trades but if you have a system which places trades frequently you start to feel impact from...

Many reviews are published by newbies which have little understanding why particular loss happened. That's why yeah we should take it with grain of salt

I also like to trade in MT5 platform because it is faster than MT4 and also richer in functionality especially their backtesting feature.

A demo account is a starting point for any new trader. That is why all the practice is done or at least I thought. These days, new traders just jump in to a live account the moment they know where the open and close buttons are. You are better off with a demo account for the first three months...

Invest in knowledge, don't hunt for profits. Try to understand what can be your edge in trading - it should be based on some clear logical principle (not because red line crossed blue line lol). Take for example arbitrage - you buy where cheaper and sell where it's more expensive, but nowadays...

Depends on the impact of the news and time that needs to digest information. For example NFP, CPI, earnings beat/miss are processed quite quickly since implications are clear (chances are higher/lower that fed will hike/cut rates, company earnings will increase/decrease), other news have...

How did you conclude that their spreads are good? Gathered bid-ask prices for a decently long span of time or judge by transaction costs of your trades? How many trades have you made with them?

It is US-based broker so US citizens should have no issues registering with them. However small leverage is a big drawback especially for traders who use advanced risk management systems, you are forced to take smaller risk, sacrificing return targets which can be compensated only by putting...