[dpaterso]

Hello,

My 'trillion dollars worth' of comment:

I agree with John on this - no question. I WAS one of those traders that lost a lot of money and (at first) I ALSO blamed my broker at the time (GCI Trading) i.e. I blamed 'slippage' and slow order execution and ... and ... and ... BUT the truth of the matter is that the losses that I incurred were purely my own fault and certainly not the broker. I have since come to realise that if you're going to lose sleep over 'slippage' of a few points (pips) then you should not be trading in the first place OR you're trading the wrong way i.e. trying to 'get rich quick'. In other words: what is a couple of points (pips) 'slippage' on a daily, weekly, or monthly chart when the potential profit could be hundreds of points (pips) in the bigger picture of things? So what if an order takes a minute or two to be executed? This means nothing if you're trading daily, weekly, or monthly charts. Trading the news? Well (in my opinion) this is a recipe for disaster anyway (and of course you are then definitely leaving yourself wide open to 'stop hunting' by the broker and of course then 'slippage' and 'instant' order execution becomes an issue).

Having said the above I can recommend, without a doubt, GCI Trading (who has just released a new version of their platform which is totally awesome) and, of course Delta Stock. If you go with either of them I'd be more than happy to program the pivot points into the software for you.

Edit:

By the way (again in my opinion) the best way to judge a broker is to ascertain how long they take to transfer your profits and how much they 'take off' the requested withdrawl amount. Believe it or not (any of the 'old hands' that may be reading this message) there have actually been times when I have made a profit at both of these brokers and I can assure that that with both of them the money is transferred IMMEDIATELY (GCI takes about an hour to effect the transfer, sometimes less, and Delta takes a day or less and neither of them 'subtracts' anything from the transfer). This is more important to me than the occasional 3 point (pip) 'slip' or an order that has taken 30 seconds to execute!!!