Hi guys, here is the thing I am a futures man, however I find forex attractive soon I need to execute 6.3 mil, is it really going to be quick and easy like on demo please let me know, and if you want to ask any futures question go ahead
Right now on IB's ideal pro sysytem there is a spread of 1 pip on EUR/USD and both the bid and ask are over â¬10,000,000. 6 mil should be no problem.
thanks a lot ZF I feel a bit stupid for starting a threat just to ask a simple question but is sure was efficient, I got an answer in 2 min
Okay your turn I have a limit order to sell ZN at 107'065. Should I keep it or cancel it? Also what broker are you using for your FX transaction? If you use one of those dodgy bucket shop FX only brokers it could be scary.
i used to regularly punt 10 mil orders through on oanda, and it used to have zero effect on the fx market didnt move eurud, gbpusd or usdchf even 1 pip
first of all, your limit order looks good for now but if you want something a little more immediate short NAS fut if it goes back to 89 also I am depositing funds to FXCM, now before you scream NNNOOOO I am using their no dealing desk option they promise that it really is no dealing desk but we will see, I told them don't mess with me, couse I'll be watching data feed from other places and comparing (for all the good that will do)
I came up with forex strategy that will give me 90% return a year but gosh darn it, I am not happy, first of all futures are WAY more laid back, I can't watch forex 24 hr per day, I gotta sleep people, gotta have my TV time too. you know what I mean. god damn waiting orders get filled any time. I mean what am supposed to be interrupted every 1-5 hours, what kind of life is that, and no I don't want to bring in help I am paranoid about my systems etc I think I'll just decide to trade forex for 2 days per week. but my returns will drop significantly and I don't even know why I am in forex, my futures trading is just fine sorry about my ranting