Quote:
Originally Posted by Tess
As you haven't yet traded your method live with decent size thru ACM, I'd tread very, very carefully if I were you.
I surely don't wish to pour cold water on your plans & ambitions, but if it was my money that I was looking to invest into this very precarious strategy, I most definitely wouldn't be preparing to execute thru anything other than a Grade A or B ECN facility.
A fixed spread deal desk operator (punting into the live market) will have a field day with this type of game plan!  |
Im not quite sure what you mean by "decent size"?
Also, I have done months of "shopping" for an online forex profider, and have constituded that this has the best conditions I am looking for. It is defintly a grade "A" facility as it was recently ranked number 1 compared to other forex sites, as well as being ISO certified.
The fixed spread is automatic as far as I know, no human involvment so I doubt I can ripped of. For example; the spread on the GBP is only 3 pips which rocks!
Quote:
Originally Posted by dpaterso
One word of caution - my main 'bug bear' - unless you are trading 'long term' or 'tradevesting' as I like to call it - there is a VERY DEFINITE REAL DIFFERENCE between demo accounts and live accounts AND I'M NOT TALKING ABOUT THE PSYCHOLOGICAL ASPECTS EITHER!!! On demo platforms you will NEVER get 'slippage' or 'requotes' and you will ALWAYS get 'instant' order execution etc. etc. etc. BUT LIVE my friend is a totally different 'ball game' as it were (it does of course depend on which broker you use and whether or not they are a good and honest and trustworthy broker or a 'bucket shop')!!! Remember these words!!!
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I have the same fears as you have stated. I keep thinking that as well as I do on the demo I keep having this annoying thought on the back of my mind it will somehow fail.
Have any of you that have a live account notice much of a diffrence on it? Maybe you could post some numbers as how far the spreads widen and maybe if the delay is longer???
Quote:
Originally Posted by shandy
 Don't see the point in the thread to be honest - "here's my results, aren't they good, not telling you how". Good luck mate. |
The point of my thread was to give people some hope. If I could do it so can anyone else. I didn't write this thread to show off or anything like that (though it might seem so). And I have written as to how I'm doing my trades (news), as well as giving some other basic information, so I have not been totally secretive.
P.S. Thank you for taking the time to respond to my tread, its always good to hear other peoples' opinion's.