the spreadvalue and 'only for chickens customers and 'all ic rubbish market and full of delay look at www forexpeacearmy my photo and result can not exist broker ecn with indices and commodity !!hahahahaha icscam and only m market broker !! the broker takes the money not to spread but slip by delays they put huge delays ,, I have hundreds of photos of scam ic market delays execution when you want i put here to he always plays with table rigged without real time hahahahaah Frank you work with platforms disconnected from reality like going to work on the moon
amazing that you do not understand this ,,, under 5 minutes average all the order are slowed down automatically by cheap pc programm antiscalper
[Eliminato]
2015.06.25
There is, however, 'a system for ""skip all this"" but I can not say for not being censored here Regards
The talk around this site says," trade like professionals or bankers or institutions" .
Yet traders and signal providers seem to have little to no idea how to trade.
The past week I have seen several providers taken off the list or either not allowed new subscribers by MQL4. Many accounts have been drained dry of not only the traders funds but also the subscribers funds too.
Probably millions have been lost this past week.
Thus far, I have only found a couple of Signal Providers that DO trade as professionals.
This coming week should be slow with May Day and banking holidays. It is ok to sit out a few trades this next week because it is going to be difficult to find good trades.
You've noticed that too huh? And I thought I was the only one feeling frustrated at the lack of professional traders. One successful trader encourages a hundred wannabe professionals (me included).
I guess this is just an unfortunate fact: Millionaire traders are highly unlikely to be sharing their secrets online, let alone at cost (or free) on MQL5.
Slippage is not what needs to be watched when selecting a broker.
Every place in the world that you will trade will have slippage. The price is always moving and it will be impossible NOT to have slippage. What is more important is the spread. The spread can kill a trade.
I do not understand why traders do not know this and still open accounts with huge spreads. They say but I dont have to pay a fee. But the money lost on the spread is several times more than if you just paid a commission or a fee.
Let me explain, it is better to have a zero to .03 spread and pay a commission than to pay NO commission and have a wide spread. If a signal provider is closing a position after a small profit and you have a large spread, then your position could be a loss due to the wide spread.
It is better to know exactly when you can get out with a fixed commission than to not know based on a spread that will change at anytime.
No spread means the broker is not manipulating the prices to make money for himself from the spread.
I have searched the world over and only have found a few brokers that are GREAT brokers.
I would challenge you to look at the spread vs the commissions paid. I will suspect that the money lost on the spread is a lot more than if you would just pay a fee.
A broker that has fixed a spread can manipulate the price your orders are filled with slippage. The spread stays always the same but the price your order is filled is not the one you would like to get. In the end both results do not differ much from each other. Spread, commission and slippage do minimize your profit all together. So what you need is a broker that gives you good conditions in all of those three aspects in sum. Being good in terms of spread and bad with commission does neutralize in sum. But thank you for the affiliate link anyway. No offense to you, but I get a lot of recommendation from you in the nearer past.
Absolutely agree with Deevog, slippage is hugely important when market is moving fast. my experience has shown that having a same-building-as-exchange optic fibre connected VPS with lots of RAM and quad processors is essential to avoid slippage as well. And yes Frank, it is starting to look like you are peddling a broker for your own profit. Also check real accounts slippage on MQL5 and you will see that Pepperstone is way ahead of ICmarkets on slippage.
@Olivier: I agree there is much action this week. But I also agree that trend directions have not necessarily been clear. It depends on the strategy employed - CandleLight has a different strategy to you.
PS. Do you SERIOUSLY trade that chart (image you provided)? Very cluttered with indicators...
@Frank: Yes it amazes me when I see it, yet I too am guilty of throwing good money away. But it should come as no surprise when you consider that 99% of all forex traders do not make money long-term in forex.
@matthew I do use that chart I like to have all on one page. I don t know if you ever used renko, but the boxes take a long time to form. I have special auto sizing boxes, so I need to look at something as they form. hence the so called clutter, but it is very clear to me
I have been roaming around this site and looking at the different signals and making a few evaluations.
I found signal that seems to be ran like a Institutional Trader. I am really impressed with him. But he will not disclosing his methods which leads me to believe that he is utilizing the same methods as a Institution or a Bank.
The only obvious thing that I see that he does, is not to set a hard stop loss but monitors the trade live. If a stop loss needs to be used then he is ready to do so based on current trading. Guess who else trades like this .... yep.
Deevog, under such extreme scenarios, a SL is useless due to slippage. Folks got slipped with SL so bad they still owed money to their brokers. SL is no 100% guarantee that you will be protected. There can often be a disconnect between a SL with a broker, and the actual price provided by the liquidity provider.
@Olivier: Agreed. SL is a common method used by brokers (market makers/DD) and liquidity providers to boost their profits. Using smart-hedging techniques you can ride out the drawdown and close the trades in less of a loss in future. That is beyond my intelligence level though...
Hello, Frank! Glad to see you among the traders! That is also very good Forex company in Estonia for American users http://goo.gl/9iUOoJ Service and integrity at the highest level
and 'all ic rubbish market and full of delay look at www forexpeacearmy my photo and result
can not exist broker ecn with indices and commodity !!hahahahaha icscam and only m market broker !!
the broker takes the money not to spread
but slip by delays they put huge delays ,, I have hundreds of photos of scam ic market delays execution
when you want i put here to
he always plays with table rigged without real time hahahahaah
Frank you work with platforms disconnected from reality like going to work on the moon
amazing that you do not understand this ,,, under 5 minutes average
all the order are slowed down automatically by cheap pc programm antiscalper
but I can not say for not being censored here Regards