The only answer to the problem is to avoid entering stop orders or stop losses in the trading platform. It is of course important to have them, but keep them on paper and trigger them manually. Trading on close of day pricing is also more consistant. Of course this is no use is you are a very...
I share your concerns Pabmove. I don't think that the brokers are monitoring individuals but they know where the stops are likely to be clustered in any particular market and in my opinion go stop hunting. I am aware of occassions when brokers have returned funds to traders who have complained...
Interbank FX
I see that Interbank FX only offer US Dollar accounts. Could this cause you a problem repatriating funds if the dollar starts reversing against the pound?
Interbank FX
Thanks for that. Just looked at the Interbank FX site and registered for a demo on the platform.
Would appreciate a few pro's and con's of their platform based upon your experience.
Thanks
Update
Hi, I was reading through your thread today, and as 5 months have now passed since your posting was wondering if your would share a general update on how your study/method is progressing?
Would also be interested to understand which news services you have found most relevant?
Thanks
Trailing Stops
A quick question about your point above. I am relatively new to FX trading and have been seeking a trading facility with a trailing stop. Could you tell me who you trade with to get this facility?
Thanks
Why change it if its not broken.
[Also, typically what sort of amount of capital would you need to start trading using direct access? I currently have £3600 with d4f which I am slowly but steadily growing as I learn, would it be worth my while using a direct access platform?]
Comment:
If d4f...
steal4free
Anybody who does not think that there is a benefit in using fxcm over deal4free should follow a few of the other threads on spreadbetting.
:twisted:
Trading Platform
Thanks for the feed back.
I intend to have a closer look at Oanda and fxcm.
One further question on fxcm, their spread on Euro/pound seems quite wide compared to others. I think that they are 5 pips and others are 3 pips.
Am I missing something in making that judgement?
Just in the research stage before commence my foray into forex trading. A lot of reading and virtual trading.
Would be really helpful to hear from anybody prepared to share their views, experience and recommendations for the numerous trading platforms.
Thanks :?: