Originally Posted by
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1- Do not use FXCM to trade news....their policies will forbid you to do it successfully....hardly believe makes them Thieves!?!?!?
2- Besides a situation relative to statement #1, can anybody offer any constructive arguement confirming how FXCM steals money????? Irrespective of your platform, I propose not placing stop losses at plogical hurdles or at R/S traces....you will lose $$ without a broker subsequently, IMHO!!
3- If you are a momentum or position trader, the problems that occur during high volatility, probably will not affect your momentum or position trading egy.
4- I don't work for, nor am I in love with FXCM, however I think they get a bad rap about this forum, and it seems to always have something related to trading the news....again, they are not a good news trading platform!!!
5- I trade news with Fxsol, also have a process that works for me using their platform...I utilize FXCM for my own momentum/intraday trades b/c I just like their platform over anybody elses, plus, I believe it's more likely for them to not evaporate into the night....that is exactly what I would define as reliability each the main question in this thread.
By all means, if anyone can share a specific instance of what a monster this broker is (besides at a period of a major news event)....please share, because this might impact my wallet in the end?????
Thanks!