this from someone who has bashed pretty much everyone who dared to challenge Oanda in numerous threads? By the way, why did you not sell at 63 with CMC and lift Oanda's offer at 43+xx? According to your information there should have been 10pips in for you risk-free.
Show me where there was a legitimate challenge and where I bashed the poster for no reason. I've already mentioned why in this post, "....quotes aren't tradeable, I tried and got mega slippage for my trouble!....."
ha? If you trade on a system where quotes are not tradable why dont you actually become a clown and go to the circus, sounds like a much better venture to me. Good luck with your untradable, quoting trading system. Ok, a bit cynical but seriously dont you feel like you make yourself to a clown hanging out with a bucket shop that takes you for a ride every now and then (now and then being defined as pretty much at every news event or when larger moves ocur). Just wondering...
What is wrong with the math? 140 pips is at 1:1 leverage is about a 1% gain. 140 pips at 1:10 leverage is about a 10% gain. 140 pips at 1:100 leverage is about a 100% gain. If you are making 420 pips (140 x 3) at 1:1 leverage that is about a 3% gain. If you are making 420 pips (140 x 3) at 1:10 leverage that is about a 30% gain. If you are making 420 pips (140 x 3) at 1:100 leverage that is about a 300% gain. Am I missing something here?
Things have got progressively worse, this quote lag issue has only really become a major problem since a couple of weeks before 2-43(a). Some people probably don't even notice it if they trade off Oanda's charts and don't have an independant price feed to compare against. Like I've already said in this post ".....I hoped to leave Oanda but it's proving more difficult than I thought, no-one wants to move.....", it's not a simple matter of closing my account and moving to another broker, if it was I would have done it already. A solution in the short term would be to go back to trading higher time frames as opposed to scalping, but as I've already said it would be a shame because I've become quite adept at intraday scalping. Do I feel like a clown for having chosen Oanda? Not really. With the exception of a few issues along the way Oanda have been a reasonable shop over the past 3 or 4 years, they had everything I needed.....until now! It happens, brokers evolve and sometimes not always for the better. Good brokers turn bad, bad brokers clean up their act, you've just got to go where it suits you, none are perfect.
Maybe i'm the one that's missing something... I'm just thinking if I have a 10,000$ account & I make 420 pips at 1$ / pip, i just made 420$ or 4.2% The only time leverage comes into play is how much margin i'm using.
Finally, some one who gets it. I have access to 700x leverage. I trade 1 standard lot of Eur/usd for only $200-300 margin. My broker requires me to place stops to access this leverage. I can't tell you how many times I've seen MT4 feed nose diving and the ProRealTime rallying 10 ticks to hit my stop to the tick then nose dive.