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Webinar: FXCM on Building an Edge in the Spot Forex Market
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Webinar: FXCM on Building an Edge in the Spot Forex Market

  #11 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,219 received


Big Mike View Post
I want to thank Tyler and FXCM for the presentation today.

Congratulations to the four prize winners:

Autographed books:
@sewmuch2do, @pinkhamk

Nexus 7 Tablets:
@montanai, @fsmith

I will be in touch with you shortly to get your info.

Mike

I have heard from everyone except @sewmuch2do. Waiting for their response.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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The following user says Thank You to Big Mike for this post:
 
  #12 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,219 received


Big Mike View Post
I want to thank Tyler and FXCM for the presentation today.

Congratulations to the four prize winners:

Autographed books:
@sewmuch2do, @pinkhamk

Nexus 7 Tablets:
@montanai, @fsmith

I will be in touch with you shortly to get your info.

Mike

I have now heard from everyone and have sent the winners info to FXCM. Due to the 4th of July holiday, it will probably be a week before there is movement.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #13 (permalink)
Elite Member
Pompano Beach, Florida, USA
 
Futures Experience: Beginner
Platform: S5 Trader, Ninja Trader
Broker/Data: Stage5/ IQfeed
Favorite Futures: M6E, M6A, 6E, 6A, ES
 
lifeguardsteve88's Avatar
 
Posts: 159 since Jun 2013
Thanks: 272 given, 115 received



Big Mike View Post
What did everyone think of the webinar?

Mike

I just got done watching the webinar and thought it was fantastic. I'm surprised that there aren't more posts on this thread about it. As a new trader it was kind of painful to see that my biggest losing trades where donations to the market as a result of my trying to time catching the high or the low. Even before watching the webinar I was planning to open a small account on FXCM to try and help me learn more about currency trading, being that as a new trader I'm following FT71's advise to trade the M6E live to gain experience with futures trading at a more affordable scale.

@Big Mike, thanks for throwing out the "putting on the spot" questions as to why the SSI would be usable, being that it is a freely available indicator. I thought his reply was convincing, and as a new trader, I can definitely see the truth (not that he put it this way) that the "bigger fool" theory is what makes it viable despite it's availability.

I don't know if you refrain from making personal comments on your opinion of different vendors or sponsors methods, indicators, or products- but I would be interested in what your take away was from what worth there may be in testing out the theory behind SSI. I know as a new trader I definitely will be putting the theory to the test, most likely on SIM when I get my FXCM account but was just curious on your take of it.

Thanks to FXCM and Big Mike for another potentially valuable trading tool.

Cheers!

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The following 2 users say Thank You to lifeguardsteve88 for this post:
 
  #14 (permalink)
 Vendor: www.fxcm.com 
New York
 
Futures Experience: Intermediate
Platform: Strategy Trader
 
Jason Rogers's Avatar
 
Posts: 164 since Aug 2010
Thanks: 122 given, 153 received


lifeguardsteve88 View Post
I just got done watching the webinar and thought it was fantastic. I'm surprised that there aren't more posts on this thread about it. As a new trader it was kind of painful to see that my biggest losing trades where donations to the market as a result of my trying to time catching the high or the low. Even before watching the webinar I was planning to open a small account on FXCM to try and help me learn more about currency trading, being that as a new trader I'm following FT71's advise to trade the M6E live to gain experience with futures trading at a more affordable scale.

@Big Mike, thanks for throwing out the "putting on the spot" questions as to why the SSI would be usable, being that it is a freely available indicator. I thought his reply was convincing, and as a new trader, I can definitely see the truth (not that he put it this way) that the "bigger fool" theory is what makes it viable despite it's availability.

I don't know if you refrain from making personal comments on your opinion of different vendors or sponsors methods, indicators, or products- but I would be interested in what your take away was from what worth there may be in testing out the theory behind SSI. I know as a new trader I definitely will be putting the theory to the test, most likely on SIM when I get my FXCM account but was just curious on your take of it.

Thanks to FXCM and Big Mike for another potentially valuable trading tool.

Cheers!

Hi Steve,

Since you're interested in SSI, you might be interested to know that several SSI-based trading strategies are available for automation via the Mirror Trader platform. Anyone with a live FXCM account can use their account username and password to access Mirror Trader, but you can also test these strategies on a Mirror Trader demo account.

Let me know if you have questions.

Jason

If you have questions about our services at FXCM please send me a Private Message.
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The following 3 users say Thank You to Jason Rogers for this post:
 
  #15 (permalink)
Elite Member
Pompano Beach, Florida, USA
 
Futures Experience: Beginner
Platform: S5 Trader, Ninja Trader
Broker/Data: Stage5/ IQfeed
Favorite Futures: M6E, M6A, 6E, 6A, ES
 
lifeguardsteve88's Avatar
 
Posts: 159 since Jun 2013
Thanks: 272 given, 115 received


Jason Rogers View Post
Hi Steve,

Since you're interested in SSI, you might be interested to know that several SSI-based trading strategies are available for automation via the Mirror Trader platform. Anyone with a live FXCM account can use their account username and password to access Mirror Trader, but you can also test these strategies on a Mirror Trader demo account.

Let me know if you have questions.

Jason

Thanks Jason. I've already opened a small account on FXCM and have been logged in and checking out Mirror Trader, as well as the FXCM Trading Station. There is so much on my "to do, and to learn" list, that it will be a few weeks before I can spend any real time on them, but I do like what I've seen so far. I do have a question or two regarding the lot sizes and will shoot you a PM in a week or so about that. Thanks for taking the time to reply to my post.

Cheers!

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  #16 (permalink)
Trading Apprentice
doha, qatar
 
Futures Experience: Intermediate
Platform: cTrader
Favorite Futures: Forex
 
Posts: 10 since Jun 2014
Thanks: 0 given, 2 received

BEWARE OF FXCM!

Beware of FXCM!

Recently they terminated my account for no reason at all.

I used to scalp EUR/USD and making roughly 35 trades a day manually entering and exiting the market.

Until now, I never heard back from them and I don't know if my capital/earnings will ever be refunded.

After what they did to me , I feel I've been SCAMMED!

So beware dealing with FXCM!

Reply With Quote
 
  #17 (permalink)
 Vendor: www.fxcm.com 
New York
 
Futures Experience: Intermediate
Platform: Strategy Trader
 
Jason Rogers's Avatar
 
Posts: 164 since Aug 2010
Thanks: 122 given, 153 received


anagnam View Post
Beware of FXCM!

Recently they terminated my account for no reason at all.

I used to scalp EUR/USD and making roughly 35 trades a day manually entering and exiting the market.

Until now, I never heard back from them and I don't know if my capital/earnings will ever be refunded.

After what they did to me , I feel I've been SCAMMED!

So beware dealing with FXCM!

Hello anagnam,

Thank you for choosing FXCM, and I am sorry we are no longer able to service your account. As a regulated broker, we may be unable to provide services for some individuals. Our compliance department can be reached at compliance@fxcm.com with questions.

Jason

If you have questions about our services at FXCM please send me a Private Message.
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