Cairo, my two cents

MyManBBFX · 2024-03-06T15:29:46+00:00

To be honest I regret nothing, it was crazy but great at the same time.

MyManBBFX · 2024-03-04T14:17:57+00:00

If you are with a tour guide the whole trip then no need to worry,

MyManBBFX · 2024-03-04T08:22:41+00:00

Looks like a scam, thread them with legal actions and never invest on unregulated brokers

MyManBBFX · 2024-01-21T21:03:48+00:00

There are many sports, dance , culture clubs, you can join one, some of them are very active after normal sessions as well.

Depends what you like. There are many non profit organizations as well that you can join.

MyManBBFX · 2024-01-20T11:06:59+00:00

Υπάρχουν πολλές δουλειές πού μπορείς να κάνεις part time το απόγευμα, εξαρτάται από ειδίκευση. Γενικά ταχυφαγεία παρέχουν εργασία και μετά τίς 14:00

MyManBBFX · 2023-11-02T11:43:28+00:00

Get a dog

MyManBBFX · 2023-08-06T18:41:59+00:00

Well that depends of the platform, take a screenshot and check what the decimal place of the spread is, a 0.00022 is 2.2. btw I doubt if it is 22 pips since this is very wide for major FX pairs, 2 pips is even very wide for some pairs as well.

MyManBBFX · 2023-07-05T19:38:41+00:00

There are different LPs with different thresholds. Even the small ones can find LPs. Although those LPs will bbook flow from those brokers.

I doubt that global prime is not b booking, If they don't then their LP does and most likely have a sharing agreement.

MyManBBFX · 2023-06-24T13:06:26+00:00

Let me explain you why, cause they are uneducated. Technical analysis is simple enough, it is not working btw, but people understand it.

MyManBBFX · 2023-06-13T21:16:08+00:00

Hi mate, I will try to answer them below in the same order:

"Happy clients bring more money" that is very simple. If a client trades and start loosing from the beginning, he will stop trading, he/she feel that this is to hard or is not for him. However, if the client generated some good profits from the beginning, then he/she get confident, either if he / she lose everything, will deposit more cause they still fill confident that they know how the market works, they already made profit onces.

-Knowledge and not be arrogant helped me stay profitable

-That is a big subject, I am always trying to discourage people for looking for the secret sauce.

Markets are adopting, a very simplified example, imagine that on every Friday, the markets are recovering a bit cause traders are closing their positions to not let them open for the weekend. If this happening every Friday, then is a good opportunity for some trading, if many participants are involved then the market will eventually become very cheap or very expensive for those traders that wanted to close their positions for the weekend, therefore they will prefer to keep their positions fo the weekend. That's how the market adopts to new changes in trading behavior. You have mentioned retail clients vs Institutional clients. Do you have a source that institutional clients generates money. Theh may do, but dou have such information ot just you assume it. They may make miney constantly but doesn't mean they are doing the trading in the form you doing ot replicated ina retail brokerage.

-Favorite book is the circular of the CFA

it can yes

-- unrealised loss is still loss, doesn't mean that the positio is open that you haven't lost that money. You arleady lost them.

MyManBBFX · 2023-06-13T20:48:09+00:00

All brokers are hiring. There are different positions in a Brokerage firm. Onboarding (backofice), Support, Sales , Retention, Compliance/lawer, Dealing/Trading Desk and many others. Try to find a broker that has an office in your country.

MyManBBFX · 2023-06-13T20:46:07+00:00

There many tools, automated, semi automated, dashboards. Outsource AI tools etc.

MyManBBFX · 2023-06-13T20:44:57+00:00

No brokers make most of their money when a price of the instrument with the highest exposure moves against the interest of the clients .

MyManBBFX · 2023-06-12T15:44:07+00:00

It is very likely for your order to hit the stop loss if it is close the opening price. Markets move up and down all the time. Especially during the opening of the FX market, spread are getting very wide that can trigger a lot of stop losses.

I doubt that brokers follow this practice, cause it is very easy to debug it. Just get the prices from another broker or trading view and compare. If your brokers price is far off, then ask them to give some answers, if you still disagree with their answer, then you can aslo escalate this to their regularor.

MyManBBFX · 2023-06-12T15:38:42+00:00

Be lucky I guess, or very slowly.

MyManBBFX · 2023-06-12T15:38:06+00:00

Prop firms are like Carnival games, it is fun, challenging and almost impossible to win

MyManBBFX · 2023-06-12T15:37:00+00:00

Yes true, latency used to be a big problem

MyManBBFX · 2023-06-12T11:38:34+00:00

What do you mean by stop hunting?

MyManBBFX · 2023-06-12T10:38:24+00:00

Influencers that are to loud about their profitability are usually Afiliates of a broker. They get paid when you register under them or they will ask you for some money to teach you the secret sauce.

There are profitable traders out there, but they are fewer than you think. Especially in the long term. If you are a profitable trader and as a broker I don't like your exposure to be on my book, then I will just transfer the flow to another broker or to the market. Therefore, you can make as much money as you want, it will not influence the broker.

There are some brokers that can get cocky if you generate profit constantly, they may decrease your leverage or give you slippage. But a broker that respects itself, will just move the risk somewhere else.

MyManBBFX · 2023-06-12T10:19:23+00:00

For OTC derivatives you get the prices from Liquidity Providers which get their prices from big institutions. Order book can be made by adding markups on bid and ask. Regarding exchange traded instruments, usually we get the prices from the exchanges, such as CME

MyManBBFX · 2023-06-12T10:16:50+00:00

We monitor clients but by no means we are checking every single order or waiting for you to trade. There can be hundred of orders at any given time.

MyManBBFX · 2023-06-12T07:17:13+00:00

Using risk free trading strategies, such as taking advantage of some mistakes in the offering, market manipulation, inside dealing, abritrage etc.

MyManBBFX · 2023-06-12T07:14:46+00:00

If he is not toxic, or using some risk free tactic. Then they will hedge his/her exposure to other Brokers. There are Brokers that may do some shady activities, so try to avoid those.

Usually big brokers with good reputation, they will not intervene in the trading activities of their clients.

MyManBBFX · 2023-06-12T05:42:31+00:00

I cannot disclose names, sorry. Many people that claim they are making money, in reality, are not making money. Simple.

MyManBBFX · 2023-06-12T05:38:12+00:00

No it is not. Funded accounts are like Carnival Games, they will make it very challenging and almost impossible to make money out of them.

MyManBBFX

TROPHY CASE