Recent content by michaelbai

  1. M

    Skype Group for Forex Traders

    yea please add me too business91.usgfx thanks so much
  2. M

    Trading forex from China

    Any ExPats wanna chat?
  3. M

    Questions

    Well the biggest key to education is not where you got it from, but how much you actually got. Ive hired people from top universities that had less going on in their head than those from middle to lower ranked universities. Ive also sat through classes myself and "earned" A's in them, but...
  4. M

    Alternatives to retirement accounts?

    sent you a PM hope it is helpful.
  5. M

    How brokerages are cheating us

    This has to do with Margin Call or getting stopped out. Ask your broker what their levels are. If your margin can not handle the losing trades after withdrawal your account is basically game over.
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    What happens to open profits if FCA broker goes bankrupt ?

    I am sure that is true. But how often do they conduct audits? How often do you have to report to both agencies? How often do they check your MT4 with your bank accounts? My understanding is only NFA and ASIC run consistent monitoring and audits (announced and unannounced) rather there is a...
  7. M

    What happens to open profits if FCA broker goes bankrupt ?

    In a separated account this means the broker is bankrupt but doesn't mean the clients are bankrupt. The problem would come with a bad broker that is using the "trust account" as a marketing gimmick rather than a real trust account, as mentioned before. Dont think it is a matter of Market Maker...
  8. M

    What happens to open profits if FCA broker goes bankrupt ?

    Another key thing is FCA is now a bought regulation. If you have 2million pounds you can place in a bank account, basically forever. That 2m acts as insurance. Depending on client number, size, and losses, this money is used to reimburse as well.
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    What happens to open profits if FCA broker goes bankrupt ?

    Im sure they have some NDA agreements in place but maybe not. Ide be interested to know as well. My broker has a 3rd party bank and it got sure is separated from USGFX but ide like to know how to check others if its possible.
  10. M

    What happens to open profits if FCA broker goes bankrupt ?

    Not sure about Cysec, as I consider them irrelevant as my understanding is anyone with a bank account and able to pay their fees can get their regulation. No offense and please correct me if I am wrong.
  11. M

    What happens to open profits if FCA broker goes bankrupt ?

    Not ALL brokers claim this and fewer can prove it. Also need to make sure the purpose of this other bank. Is it really to separate the funds, or is it just a way to blend in with the competition?
  12. M

    What happens to open profits if FCA broker goes bankrupt ?

    another key is to see if they hold funds in a trust bank or do they mix the funds with the business.
  13. M

    Profit Claims on Forex Forums

    EAs are great when they work and not so great when they dont. Everyone likes to boost and show how great they are, especially on TEST (my response: ). But to get something a bit more supportive and confidence bringing check those who have the guts to go LIVE with their trades with realistic...
  14. M

    Eurjpy

    I vote 1
  15. M

    Usd/cad

    purple line is your expectation?
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