Recent content by garethj

Thx for the tip. Just to be sure, are they really offering the same kind of protection, where you are 100% sure you'll get back the segregated money ? Even if I am quite new to forex, I've seen and read son many scam promotions that I am now super cautious about everything. Like, it's easy for...

Sounds good, especially for a newbie. 5K is much more than I'll put in an account. At least for some years before I become a real pro trader :) Seriously, in those quite uncertain times, segregation is a good protection.

You remember this study about stocks ? They trained monkeys to perform stock orders (clicking buttons,...) and compared their trader to broker's. And some monkeys won !!

I would be curious if some people tried that on forex. It is said that few bodies can move currency values like stocks. Company financial results can tremendously boost or ruin a stock while even a CB announcement will have a marginal impact on currency/pair/... In terms of risk:reward, I am...

Well, as implied by my rookie status, I am definitely not the guy to code such a thing. And yes it's helpful reading, good way to understand I still have so much to learn :)

Is there somekind of a benchmark for that ? Don't know if someone could automate that but if possible, this would be a must-read. Like opening micro-accounts at different brokers, putting the same orders on all of them and recording what's happening (stops respected,...). And in the end every...

From what I've read, they should use this 5th decimal to introduce new kind of spreads, like 1.5 pips. That way, it could turn interesting but I've not seen currently such a move.

Well, Joe, I know that quite well. I've just destroyed my 2d demo account thinking I had found some working method which could be used on a bigger scale. And then... nothing left. Obviously, I would have not tried that with a micro account, even if the amount is quite low, I know the value of...

Agreed. At least for a few weeks (till Obama's speech?), fundamental news in UK and US will be much worse than in Europe. Besides CHF, most of the papers I am reading seem to imply that the eurozone will suffer less from the recession than most other economies. Don't know if it's true or not...

Yep, good point. I'll go for a micro account. As you said, I am pretty sure I'll hate losing a pip and be thrilled if I earn one. And, from what I read everywhere, controling your emotions is one big part of forex. I mean, even with a demo account, watching a pair getting closer and closer to...

Yep, sounds it's time for a micro account. I am pretty sure I'll act differently with a live account, like I'll freak out a bit more when things start to go wrong. Thing is I am not a super greedy person so I can deal with one of the basics of money management, which is take profit when there is...

So, here I am, I have been practicing on a daily basis, have been reading tons of (sometimes) helpful advice and went through babypips tutorial, have been playing with different indicators,... It's been two months. Tutorials are talking about 6 months before going live. But I feel I have mostly...

Right Ali, I've checked a few things on my own, seem they own solid money. They are super big in eastern europe, would explain why they lack reputation elsewhere. What kind of bonus is offering your broker ?

I guess starting such a thread could be of some interest for many of us :) My broker (Alpari) is offering a 10% credit bonus on any deposits (new or existing account). For me, it would be a new account as I am new with forex and still using a demo account. I say would because I am curious about...

At least 1000 ? You mean standard lots ? As a newbie, I am into rebates (make me hope I am put less money on my account). But this kind of restriction is much too difficult, 1000 lots imply a lot of money, i.e. a lot of risk.