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Yeah, it does. This rebate thing can be a nice extra stream of income, if one has an honest IB and broker. I don't want to advertise who I use here, so if you're interested in a fair offer, send me a pm (I don't benefit from anybody using them). Cheers, P.

Same thing, just a different term.

Hey Dave, incase you weren't just being sarcastic (as I was) in your above post: save the effort. This is just a (not very sophisticated) attempt of Signalpro's to make you sign up with a particular broker and collect commission. Cheers, P.

Incase you're referring to IBs and rebate programs: Those get paid a certain percentage of the spread/commission the executing broker (with whom one has a trading account) earns from any trade opened. They then pass on a portion of that commission back to the trader. This means that, with...

Hey all, it's weekend, and many forex junkies are waiting for the markets to reopen. Incase you are experiencing withdrawal symptoms (such as staring at the candle on the dinner table and wondering when the damn thing will finally move, or waiting at a traffic light wanting to apply an...

lol, yah, I know. :) Just teasing. And I have given an argument against them, right after having said I would not, hehe. I like this forum, and I'd definitely not be here if I believed that free speech was restricted. Cheers, P.

I love this post, lol. At last I found a way to get rich, yay. Thanks a bunch, Mr SignalsPro.

:eek: I was just about to start a rant about InstaForex. I'll refrain, so as not to pee off our esteemed admin. :D All I'll say is that they stubbornly refuse naming their LPs, despite calling themselves 'true ECN'. Tradersam ... check out google and some broker review sites. You'll get all...

Those sentences sound familiar ... Have you opened a thread like this one on Myfxbook, too? (Just asking to check whether my memory is still functioning or whether I'm hallucinating, hehe.) In response to the topic: I'm handling it the same way; one deposit, and then trade from there. Up to...

Yes, good book. You might also want to google 'forex money management' ... there's a ton of books and ebooks (many free) to be had. Cheers, P.

Looks like the whole forum agrees on something, for a change. :D Definitely you should start out with a demo account ... not only to learn trading without risking hard-earned money (although that is the most important thing), but also to get used to the software. Having real money at stake...

Yes, confluence can be a useful and powerful tool. The definition of the OP is total rubbish though ... confluence of different analysis methods is a thing traders can use for themselves ('internal', so to say) ... it is most assuredly NOT something major players can use to determine other...

Yep ... same goes for the ToS or any other document you have to click as 'read and accepted'. It's damn tedious reading 20-30 pages of 'lawyerese', but it can save you a world of grief later on. In regards to boni, I think it's even more important not to be tempted to overtrade, only to meet...

lol, yup. :) Like I tried to explain to another forum member (in vain, unfortunately) already, calculating performance and the underlying maths aren't a matter of opinion. But I don't want to start the same discussion in this thread, too. I have noticed a strong tendency to argue...

Nope, to judge whether a trade is good or whether a system is effective, position size (and thus actual $$$ gained) don't matter at all. Quite the opposite is true: you cannot judge from gain in dollars/euros/whatever how good or effective a trade or system is. Have a look at this post for...

hehe, I don't understand why so many people want to relate pips gained with profit in money, or position size, or whatever ... those things cannot relate, and are irrelevant in any case. 100 pips gained a week translates to a healthy yield, no matter the position size. :) My estimate would be...

Good to hear that you never had problems with your broker ... I hope it stays that way. My point is, if there ever is a problem (chart manipulation, withdrawal issue, whatever) it is nice to have some authority to report the problem to, if no solution can be found with the broker. Not being...

Yes, of course more trades are better for brokers ... but there are enough new traders getting into forex every day to keep up the flow. In addition, that's what brokers have invented deposit boni for: so once the initial deposit is gone, they entice people to make another deposit, with...

What do you mean? I don't understand ... do you mean dollar notes, actual banknotes? P.

haha, no, of course not. What I primarily referred to was widening stops to avoid being stopped-out. An amazing number of people do this regularly ... which makes one wonder why they bother placing stops at all. In my opinion, the only time one really shouldn't change anything about T/P and...