My EU short is still running in green probably gonna close abit of it before nfp and added more/ close all if necessary

Rule#1 Let your profit run (if trade longer time frame)

just a thought, why is primus not included in the broker/market maker ? I sense quite a few using primus here

yea... almost 30% drawdown - -

You need very tight stops ( Actually, you will be forced to have very tight stops)

that is 100% correct, but do take note that some brokers nowadays used a fixed calculation for the margin requirement ie: margin required = 100,000 / leverage for every standard lot round turn

Your leverage is probably 1:200?

As long as you manage your risk, margin shouldnt be too much of an issue

This post has been edited by sebastian.twz: Sep 5 2013, 11:53 PM

Lucky my train still green color XD

# A trend is your friend till it bends XD

# Stick to the Plan

The spike up is caused by NFP missing the estimates, but the market is probably in no clear direction since the unemployment rate came out better than expected

For gold, yea, should be $0.33, but do take note that gold's spreads/commission should be significantly higher than fx

Lol, my train still on correct tract , probably ride till the last station

Are you from the Philippines? if not, I see no advantage of using a Philippine based broker since you can opt for Oanda, Alpari, Dukas, FXCm, Gain and other globally established brokers.

Well, if you are from the Philippines, I guess using your local broker wouldnt be too bad, since they will have a local office and is regulated by your local regulators (so if anything happens you can complain to them straight).

You will have to check out their business model (their market making and STP/ECN policies, and what sort of precaution steps did your local regulator imposed on Metisetrade - Just in case they go bust from market making too much) and also if their spreads are competitive (do take note some of the local clearing houses have additional charges).

P.S. the interest on the deposit is a very good advantage over other brokers, but I am skeptical on this. How would they calculate the amount of Interest to be paid, unless you win every/ majority of your trade, most of the time your account balance will increase and decrease as time goes by.

nah, I'll pass, makes no difference for us Malaysian. Might as well use the other brokers that I have mentioned.

Bro, not to be rude, but all of them are market makers with ECN/STP. 99% of the brokers out there are running a hybrid model (market make what they can and send out real trades to the interbank).

Greedy huh, thats what happens in FX, next time dont go ALL IN, this not poker... u cant scare the market

Well, it doesnt really matter if they are Market makers anot. The important thing is they have enough funds and capital to support their market making activities. All of these internationally recognized brokers have enough funds backing them to market make for the clients; with that being said, they will also employ professional risk managers to oversee their Market making activities.

Btw, if there is really a true real 100% stp broker, the client's will be able to trace the orders to the liquidity provider (Interbank participants - Citi, goldman, UBS etc etc)

Hm.. I sense alot of EU bulls here... Guess im the only bear bear here

That makes us bear bear bros then

I play mainly on swing trade, position trader style.

I just saw Bloomberg, Syria gonna give up their chemical weapons. Putin somehow managed to convince them

Obama probably not gonna bomb them for now. Focus is back to Mr Bernanke