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wtf? HOTSPOT FXR LLC -1,296,426 Adjusted Net Capital Hotspot FX Inc has 7.4 Mil.

Thanks for your post

Only an idiot would give away 6 years of hard work and tens of thousands of dollars. I don't think most people think of it in these terms. How many doctors after finishing their many years of schooling with the associated school loans decide to "not accept any money for their services" for the...

Read up on game theory. This will explain why people have an incentive to keep secrets and why helping others can actually hurt you by destroying the goose that lays the golden egg. Trading isn't a charity. While sharing and helping others works fine in many areas of general trading advice...

Hoi, Is that this file? ForexTrading_V01.zip

It may make money but not serious money with only half a system.

On the price ladder on the TWS it appears the minimum price increment is now 0.00005 or a half pip on EUR/USD. The contract details still show the minimum price increment as .0001 - yet the TWS is quoting as 5 decimal places. Is this an error or can a representative of Interactive Brokers...

Forex dealers (aka bucket shops) who take the other side of your trade have an inherent conflict of interest. There is no question there. But the issue of honesty or dishonesty isn't a black and white one. It is more of a continuum of honesty rather than a black and white state of honest or...

Bloomberg TV covered it. Watch for the orange news announcements. You can watch with the TV on mute.

The reply I received stated that Citi HK will not take on US citizens as clients.

Hoi, Thanks for your reply. I would very much like to be alerted in this or another thread or via PM when the following article has been completed and placed on your website. I think many other traders would find this information valuable as well, in particular the answer to the question...

Hoi could you provide a definition of position management or PM me a web link that explains it?

:D risk - I'm glad you're on these boards.

The point is that trading the full account at full 200:1 leverage will dramatically increase your risk of ruin. If you are trading 2% of your account at 200:1 leverage then in reality you are trading your account at 4:1 leverage (not a particularly high level), not 200:1 leverage. Using that...

The most important aspect of making money is managing your risk, ensuring you don't blow out, not maximizing profits. We aren't playing no-limit holdem and planning on blowing out in a few hands by going all-in with 85o. Typically when an account is reduced to 50% of the initial margin...

I would also like this clarified.

JimRockford, thanks for your thoughtful reply. This has been on my mind also of late. I posted in another thread the details for direct dealing with Citi. Would the same conflict of interest apply in any direct dealing arrangement, whether a market maker or a bank? If so are you saying the only...

Has anyone tried Citibank? http://www.citibank.com.hk/ click on investments, Foreign Exchange Services (Get Details) Foreign Exchange Margin Trading (Get Details)

Jim Rockford, My understanding is that fidelity bonds are required to be held by banks to cover instances of fraud, and the other things you cite, but doesn't include bankruptcy. As you know, US banks are backed by the FDIC in case of default, however hotspot isn't a bank.