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Old 2009-08-03, 08:03 AM   #161 (permalink)
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I'm about to purchase Megadroid. I'm in the US....so what broker should I make an account with?
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Old 2009-08-03, 08:13 AM   #162 (permalink)
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I think that you should try non NFA regulated broker (but you need to be careful with this as non-NFA regulated brokers may be less reliable). NFA regulated brokers may pose problems when MD opens two positions concurrently (because of FIFO rule and non-hedging rule).
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Old 2009-08-03, 08:21 AM   #163 (permalink)
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Quote:
Originally Posted by pipdetector View Post
I think that you should try non NFA regulated broker (but you need to be careful with this as non-NFA regulated brokers may be less reliable). NFA regulated brokers may pose problems when MD opens two positions concurrently (because of FIFO rule and non-hedging rule).
Yea, I've heard this. Any experience as to which non NFA broker works well with Megadroid?
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Old 2009-08-03, 08:39 AM   #164 (permalink)
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I used FXDD with MD and it worked well. However, I heard that they are in the process of getting NFAied, so I moved MD to another one -- I cannot recommend it yet as I am using it with MD only a week.

Last edited by pipdetector; 2009-08-03 at 10:06 AM.
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Old 2009-08-06, 08:54 AM   #165 (permalink)
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Two more profitable trades with FXCBS yesterday for me: http://jbfxcbs.mt4stats.com/
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Old 2009-08-06, 09:08 AM   #166 (permalink)
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Two more profitable trades with FXCBS yesterday for me: http://jbfxcbs.mt4stats.com/
Finally after 5 days of NO trade activity, 2 trades opened for the past 2 days...

All end up in profit

sell 0.80 eurusd 1.4420 1.4457 1.4360 2009.08.04 03:11 1.4405

buy 0.80 eurusd 1.4405 1.4356 1.4455 2009.08.06 00:47 1.4415

Keep it up Megadroid !

Spread the good word..
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Old 2009-08-06, 10:23 AM   #167 (permalink)
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Quote:
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Two more profitable trades with FXCBS yesterday for me: http://jbfxcbs.mt4stats.com/
I may have missed this, but what risk setting are you working with pipbuster?
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Old 2009-08-06, 11:43 AM   #168 (permalink)
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Quote:
Originally Posted by hotsawce View Post
I may have missed this, but what risk setting are you working with pipbuster?
0.1 risk level, all other settings are the default ones.
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Old 2009-08-06, 03:01 PM   #169 (permalink)
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My 5k MD Demo ac is up 7.68% in 8weeks, at this rate = 49.92%/year. It may look slow, but I'm optimistic. Have got it on live ac as well now
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Old 2009-08-07, 05:48 AM   #170 (permalink)
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Quote:
Originally Posted by Gloworm View Post
My 5k MD Demo ac is up 7.68% in 8weeks, at this rate = 49.92%/year. It may look slow, but I'm optimistic. Have got it on live ac as well now
Which broker are you using and why?
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