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 Forex Version 10, Foreign Exchange Market Discussion

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howszat
post May 14 2012, 10:33 PM

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QUOTE(teamloks @ May 14 2012, 08:10 PM)
btw i long eurusd since 3 may |biggrin.gif
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Still holding? hmm.gif

howszat
post May 14 2012, 10:42 PM

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QUOTE(teamloks @ May 14 2012, 10:40 PM)
doesnt matter demo only lol... i always do this.. when i in doubt i only use demo to try it
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Not the same thing lah...

howszat
post Jul 16 2012, 08:42 PM

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QUOTE(wodenus @ Jul 16 2012, 08:13 PM)
Sometimes broker down is also $$$ down, because they illegally tap into client funds when they are in trouble (like the MF Global and Peregrine cases.)

So the risk still exists, even if client funds are segregated. That being the case, how do you manage the risk?
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Some options:

1. Choose ECN or STP. They are interested in your volume of trade as brokers, and not as market makers.

2. With leverage, there is no reason to keep a large credit balance. With-draw what you don't need. So good reason to choose brokers with high leverage, as long as you can control the leverage rather than let the leverage wipe you out.

3. Spread your trades across a number of brokers. For an EA trader, that's just replicating the same EA across various MT4/5 installations. For a manual trader, that could get rather tedious.
howszat
post Aug 11 2012, 02:46 AM

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QUOTE(sleepwalker @ Aug 9 2012, 08:38 PM)
Anybody trading forex knows how it works as most of us in retail trading are dealing with dealing desk as none of our orders are passed to the market.
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An increasing number of brokers are claiming they are STP, if not ECN.

What percentage, I do not know. If your broker is dealing-desk, you may want to find another.

In MT4, apparently the telling sign is you cannot set SL and TP in the same trade order. You need to do a separate SL/TP modify order.

This post has been edited by howszat: Aug 11 2012, 02:47 AM

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