Recent content by gpcode

  1. G

    FIFO & hedging US rules. -LIKE or HATE?

    Hi bredin, Thank you for your observations, and I wish it were that simple for me to apply them- I assume that you trade for a living like I do and while trading through friend outside the US might work for some willing to allow control of one's account this way, I honestly don't see it and It...
  2. G

    FIFO & hedging US rules. -LIKE or HATE?

    Hi bredin, Your advice to try to get help from a friend outside the US could be the best way for trading without these restrictions, so thanks. Since I started trading professionally though it is also true that for the systems that have been impacted by these rules, in actual practice the...
  3. G

    FIFO & hedging US rules. -LIKE or HATE?

    These rules have caused a lot of damage... Don't like this STUPID US rules. Reminds me of when Texans couldn't borrow money on their home equity. Stupid state finally 'saw the light.' What percentage of 4X traders are planning to do the same, -eventually? THX much for your input. I'm...
  4. G

    Petition to repeal US 'Hedging'/FIFO Rule

    Thank you fxmade2trade for providing the link: http://fxtrade.oanda.com/help/close-trades-fifo I've just tried to use the OANDA FxTRADE web-based platform, but it is Friday morning and says it is down for maintenance, I will try later and would like to see if this is still valid as it might be...
  5. G

    Petition to repeal US 'Hedging'/FIFO Rule

    Hi fxmade2trade, Thank you for posting, the link unfortunately looks like it is not making it to the article you've mentioned, but I would definitely be interested if you could kindly post more information:) The rule for example exempts ECPs, but this petition though aims to address the way...
  6. G

    Petition to repeal US 'Hedging'/FIFO Rule

    Just to clarify, only 150 signatures are required for the petition to remain available at the WhiteHouse.gov site and will also be submitted to the NFA once a sizable number is reached- If this petition gets 100,000 signatures by October 19, 2014, the White House will review it and respond-
  7. G

    Sticky Introduce Yourself

    Hi Sunsilk, With strategies and testing there are far fewer possibilities available after the offsetting and FIFO ban and you will need to be careful if you trade as a US resident as these strategies are likely to be partially or even totally disabled. All EAs I used especially grids that had...
  8. G

    Petition to repeal US 'Hedging'/FIFO Rule

    Hi Pat, Oh believe me, I joined in the exodus of ForEx clients & brokerages and was perfectly happy to trade with non-US firms until even that was banned in 2011. This latest phase-in of First-In First Out (FIFO) just looks like the final straw. As it is now, we do look quite unattractive for...
  9. G

    Petition to repeal US 'Hedging'/FIFO Rule

    Dear friends, I wanted to let you know about a new petition I created on We the People, a new feature on WhiteHouse.gov, and ask for your support. Will you add your name to mine? If this petition gets 100,000 signatures by October 19, 2014, the White House will review it and respond- You can...
  10. G

    Sticky Introduce Yourself

    Hi and thank you for a great resource T2W is a place where I have found valuable help made possible by those contributing, and I have started to trade forex as a career after trading as a hobby for 8 years- Thank you!
Top