Quote:
Originally Posted by Dan  Rick,
My broker tells me they are great for scalping. I guess I shouldn't expect them to tell me anything different  . I joined the message board to view the recommended brokers as you suggested but am waiting for administrative approval. With the broker I am considering using it on they have .5 pip fixed on all but one of the pairs photon trades on and it is only 1 pip fixed for it. They do charge a 1 pip commission for using the scalper but supposedly that is better for me because they fill the ea orders very fast with access to their Nostro server. I will do more research on the message board as soon as I get access because I agree with you that the broker is key. Thanks.
P.S. I am excited that you will be going live with photon. I hope you have great results with it live as you have been having on demo. I think it did well in this notorious month of August. It should continue to pick up speed.
Dan |
Dan,
The broker you are describing sounds like ATC, IamFX or OneCorp.
I have prepared myself for a significant drop in the performance of FF from a demo to a live/real money account. It's another consequence of running a scalper and the fact that all brokers sweeten demo accounts. I am hoping to do better than the FXOpen live account that Forex Photon has.
Your right, August was a difficult month. The smart scalpers like The Channel Scalper, just said no.
Rick