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This winner of January traded more than 300 times in one month! It seems that they used fairly small lot sizes, a general idea of what direction the market was going to go, and a LOT of money management. Many of the trades were placed just minutes apart from each other. What I found interesting is the sheer volume of trades in such a short time span. Almost like a equity growth simulation but on a real account. Please take a look at the link below and post your ideas about the possible system this trader used...
what i believe here is that these traders who get such high returns doesnt use any mechanical systems. they may be trading by their judgement which they hve developed over years and years. also their returns dont remain consistent.. i mean the guy who was up by 3038% last month..wudn't be able to make it again in the upcoming months...so basically its the experience and judgement power which gives these people such high returns...
TOday i got a slapp in the A$$ from fxcm with their slow response during news and slippage. I am looking to swith brokers. I want one which is extremely reliable during news time. i was thinking of GFT. Suggestions please. thank you.
i traded live with gft over a years and i can say they are verry bad at news time.sometimes dealbookfx2 frozen, or i place spot order and for 30 minutes i do not know if my order was executed or not.sometimes i could manage to make few pips (few time over 30) due to gft was late with price comparing to saxobank.
try saxo,they widen spread during news or even block trades but at least you can see what is going on after news
all mt4 brokers i tested (demo) was totaly untredable or frozen during news
dont try to find perfect broker for news trading,this is time when market react fast and brokers dont like that,they dont like losing money
also try to set over 10 lots (1 000 000) or more in your trading platform and yuo will see how spread is geting biger...no easy money for us,small investors but those who trades big time are geting even worst spread
hi.
try fxsolutions i recently open a mini account with them for learning forex from yesterday 2 loss 1 large win all during news time no problems though i have see some times they requote alot sometimes they dont but my account is just $1000 i dont know what will happen if your account is larger than 5000$
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