Recent content by SimonK

You missed the point... if the minimum stoploss is 25 pips, you're going to have to look to the higher timeframes. 5 min charts shouldn't use a stop of more than 10 pips.

It's a con. Read the terms... You have to take 100 trades in a week. Minimum stoploss 25 pips. Only eurusd, gbpusd and usdjpy allowed. Only one trade allowed concurrently. If your minimum stoploss is 25 pips, you'll be looking at hourly and upwards timeframes. How many trades do you think you...

Using the Prospreads ladder is like Rocky chasing a chicken. Do yourself a favour, pay the tax and go to a proper futures broker. Tax on profits is better than no tax on no profits.

I understood exactly what you said. However what I was hinting at is if your order does get filled at the back of the queue, you're probably trading in the wrong direction. Only stop orders will get you in quick enough.

If your order is way back in the queue and you finally get filled, you got to wonder why you finally got filled! :whistling

Not when your strategy uses a 5 pip stop and 5-10 pip target. Btw, with a genuine futures feed, spread widening and broker tricks are not an issue.

My answers as follows: 1. A hold button like this is much easier: Hold button 2. Took me a few times to realise it was happening. As I have said, I have no intention of giving my time to debug a platform. 3. Why make things complicated when I can just do something like this... Stops and...

Yes I have done for some of the issues, but I am not a Beta Tester and object to being distracted from the actual task of trading. What's a "sort of" hold button, btw? I like a clear, intuitive and easy to use platform and quite frankly Prospreads doesn't cut it. I am moving my business to a...

There's so many things wrong with the Prospreads platform, I don't know where to start. 1) There is no "hold" button on the DOM ladder as per NinjaTrader, so it's a case of playing "Rocky chase the chicken" to enter your order at the right price. 2) If you hit the "Close All" button twice in...

They have stopped using them. I'm just showing how superior NT is compared to Prospreads current platform.

Ninja Trader allows stops to be entered at time of entry when trading on the DOM. Screenshot The other thing is, the jumpy ladder leads to so many fat finger errors, it's like Rocky chasing a chicken. Prospreads really need to get these problems sorted, otherwise the tax "advantage" starts to...

There is one other advantage of using a traditional futures broker vs SB... If you are going to trade the shorter timeframes, being able to see the the DOM ladder and "Time and Sales" gives you a huge advantage over other retail traders. Without this, you are trading blind when compared to the...

Don't do it. I guarantee you will lose the £500, and then your losses will consume your thoughts and cause you to lose your focus for your final year of study. I can count the profitable traders I know on one hand and it took all of them years to get profitable. Finish your degree and then if...

Re: FXCM's New Lower Spreads Do you have a screenshot of your bank's actual spread at that time? I'd love to see some good hard evidence for your assertion, because I'm having problems finding any broker (ECN or not) that does what FXCM does!

Re: FXCM's New Lower Spreads FXPro EURCHF chart: http://my.jetscreenshot.com/6325/20120831-mma8-370kb.jpg Notice there were no spikes to the downside. I could post 100 different broker examples here if I could be bothered.