Forex rebates on every trade - win or lose!

ive squared up all my stuff sld all my s+p @ 77.7 now flat ...going to wait for..states to come in..

mostrader. Does that mean you always have to 'phone in to trade?

Jeffmack - Never heard of rule No 4! Usually it's to close, unless it's to bring a stop down to breakeven.

nope ill trade online but tickets get held for abt 30 secs..which isnt always helpful,but if iam trading stocks,i,e BARC,ill be in 100 quid a tic so ill phone thru.other wise they dick around with the price then use a take profit to get out of it..

I think I read somewhere that all stop cancelations with CMC are done manualy

not sure dav,i think they are auto...but once hit be it proift or stop it goes blue and u cant cancel, fx much better handled than stocks..

mos one of the main reasons I only trade fx is because I got fed up being requoted on stocks but it has turned out to my advantage as since I started only trading fx I have been doing far better

yep dav know where u coming from.not sure if u use cmc,but ive no real probs with them they where a pure fx co to start with and its been them who have driven the spreaddown to our advantage,if it wernt for them all the others wud prob quote 10 itcs on all the majors....

chf breaking up got out to early


one thing to watch is the hedge funds,about 3/3.30 each fri there black box sytems get to work and normally they will trade in the way the market has been trending the previous few days..it does happen...just be aware of it...

Stopped out of Cable short at 57. I'm not very good at this.

I only use cmc as apart from long term investment I only spread bet for my short term trading. As I work full time I think I already pay enough tax so when I make money spread betting it feels good to know that the profit is tax free.

Excuse me... what is this thing p-r-o-f-i-t?

Another reason I gave up stocks is that I work shifts and that makes it hard to keep track of positions, some times I go to work and its quiet and I can look at the screen but mostly Im very busy so I can't monitor prices so it is easier to concentrate on one or two fx rates do trades at home and leave oco orders to close. I have found that if I concentrate on a very few trading instruments it may be a little boring but I make money which is what were here for.

Maggot, after 4 years trading I have only recently discovered it hope to stay aquainted from here on

Maggot, don't ask me. Hope to become aquainted with the concept soon :0)

sure dave, yep suits better..fx is 24 hours, got mates who trade out of nz/aust
ideal world market as you can trade it from anywhere.. no gaps or bad news out bfore bell and getting marked down 20 %..can see the angle....

just bought EUR/USD 1.2965, stop at 50

still sitting about even short $/Yen from earlier with widish stop

shud of held my chf had right idea got out far to soon and missed the turn..

since that 9:30 spike its been slow

yep thats what threw me jeff got side tracked with cable nad took my eye of chf which was my original trading idea...