fxsol vs oanda

xxDavidxsxx · Apr 2, 2006

Fxsol wouldn't provide me a demo with there advertised 400:1 leverage.
For me and my trading pourposes I will be using that leverage. It wouldn't make sence for me to trade a 100:1 demo and then jump into a live one at 400:1.

I let them know I was very dissappointed and am nolonger interested in them.\

I'd say there a bucket

interbank groupe provided me a demo with five 5k accounts all standard size with 400:1 leverage. Nice platform too.

Dave

siki13 · Apr 2, 2006

Quote from ElectricSavant:

Lets say your both long and short in the eur/usd. You really do not care which way it goes...

ok....

now you put a 10 pip target (or more, based on time and expected volatility) on each trade and go to sleep....

when you wake up you have 10 pips (or 0 or 20 and meaning your still flat) and the resulting directional trade.

So you automated your system and you did not care about the direction.

I find hedging a way to automate....(I am not a programmer)

Michael B.

P.S. Volatilty grabbing has changed the way I trade retail spot forex (remember unrealized P/L, is simply unrealized)

And what if when you go to sleep one hedge takes 10 pip profit
and another when you wake up is on 100 pip loss?
I am really suprise that after how much years of trading,you
still have this flawed logic.

xxDavidxsxx · Apr 2, 2006

Quote from siki13:

And what if when you go to sleep one hedge takes 10 pip profit
and another when you wake up is on 100 pip loss?
I am really suprise that after how much years of trading,you
still have this flawed logic.

simple flaw here.

Place s/l outside the range. When price takes direction the looser is stopped and the winner goes to profits. I trade this way with much success. Good to use at daily/weekly pivots.

Dave

siki13 · Apr 2, 2006

Quote from xxDavidxsxx:

simple flaw here.

Place s/l outside the range. When price takes direction the looser is stopped and the winner goes to profits. I trade this way with much success. Good to use at daily/weekly pivots.

Dave

Looser is stopped and price reverse to stop out other hedge
What then?

xxDavidxsxx · Apr 2, 2006

Quote from siki13:

Looser is stopped and price reverse to stop out other hedge
What then?

there is no garantee in forex.
Get in your car you might get in a reck. What then. So don't drive right? C-mon now. Be realistic.

If you make any trade you might loose. What then........Don't trade forex.

You must maintain a positive attitude if you wish to become successful. This applies to everything you do.

Dave

late apex · Apr 2, 2006

Quote from siki13:

And what if when you go to sleep one hedge takes 10 pip profit
and another when you wake up is on 100 pip loss?
I am really suprise that after how much years of trading,you
still have this flawed logic.

Not flawed. Just unconventional. The road (much) less traveled. And demanding a creative mind wide open... something the majority of traders, and people, don't possess. Currency volatility (grid) trading, implemented correctly (hard to do, yet doable

), brings 60%++ annual returns, with low drawdowns and even lower stress.

Fxtrader1982 · Apr 2, 2006

I have used Fx-Solutions for my live trading and find them to have superb stability, order execution and great customer service.

I have also used oanda as a demo platform and I find that they do offer some of the vary best pricing on the markets. I am sure we can all agree to this, as far as there platform, order execution and customer service is concerned they are also superb. However, I find that they do not have a dealing desk which makes it even harder to execute trades if and when there platform goes down provided it is there platform and not your internet connection. however, I've been told by a gentlemen that works for oanda that they will executive orders over the phone only if it's there server that goes down and the order taking could be up to 10mins before actually reaching someone.

Kindest regards,

FxTrader

illiquid · Apr 2, 2006

Quote from late apex:

Not flawed. Just unconventional. The road (much) less traveled. And demanding a creative mind wide open... something the majority of traders, and people, don't possess. Currency volatility (grid) trading, implemented correctly (hard to do, yet doable ), brings 60%++ annual returns, with low drawdowns and even lower stress.

What does this have anything to do with what ES posted? He might as well have stayed flat and just put stops to enter 10 ticks higher and 10 ticks lower than the prevailing price, it's the same exact thing and saves you 2 executions (aka spread).

Why is it only forex people fall for this crap? Does the EUR/USD and USD/EUR somehow make people think they are trading 2 different markets? For all your creative unconventionality, you seem to lack a hefty dose of common sense

late apex · Apr 2, 2006

Quote from illiquid:

What does this have anything to do with what ES posted? He might as well have stayed flat and just put stops to enter 10 ticks higher and 10 ticks lower than the prevailing price, it's the same exact thing and saves you 2 executions (aka spread).

Why is it only forex people fall for this crap? Does the EUR/USD and USD/EUR somehow make people think they are trading 2 different markets? For all your creative unconventionality, you seem to lack a hefty dose of common sense

On your first question -- why don't you ask ES and see what he says?

What you are proposing under "He might as well..." and what ES posted earlier could not be two more different approaches. You're talking about waiting for the price to come to one of your pre-set entries later, then entering in one direction. (The "conventional" way, and something that I happen to do almost every day, often more than once... as shocking as all that sounds.) Grid trading, stripped to its bare essence, is about entering in both directions, now and repeatedly, then waiting for the price to come to each and every one of your pre-set exits. (Also something I do every single day, for a HNW client and for myself.) If we can't even agree on that fundamental distinction, then, sorry, but there's not much point in continuing this dialogue.

xxDavidxsxx · Apr 2, 2006

Quote from illiquid:

Why is it only forex people fall for this crap? Does the EUR/USD and USD/EUR somehow make people think they are trading 2 different markets? For all your creative unconventionality, you seem to lack a hefty dose of common sense [/B]

Good point. I am glad you asked.

Here is an example on a chart and I am currently in this position too. I posted this trade last thursday. It is a hedged trade but not to be picked up untill a certian price level is achived. As you can see in my thread I took a trade short and rode the price to this antisipated level. Then while I was a sleep or at work the short profits were booked and then the hedged trade went in. It was to be a trade that stays in for 2-3 days because this, as you can see by the green pivot line, Iis a possible turning point. I cann't be there when the price reaches this point but I want to trade it. I belive the potential move is worth it.

http://www.forexfactory.com/forexforum/showthread.php?t=2964&page=56&pp=15hit.

Does this not make perfect sence? It makes me money.

Dave