Has anyone been caught badly with this attached regulation on positions have to be liquidated on first in first out basis.
this cuts ugly on my trading plan but i have not experienced it with Oanda anyone else run into this yet?
FIFO first in first out
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Re: FIFO first in first out
jacal1 wrote:this attached regulation on positions have to be liquidated on first in first out basis
Could you give more details about this regulation?
Never heard about it.
Why broker should luquidate your position
(unless you have a margin call, of course)?
supposedly it was the FSA that sent out regulation on hedging any hedged positions would be closed at end of day and attached to this regulation was a fifo which seems to make a drawdown plan a very difficult trade
fxdd email said it was started on june 1st
fxdd email said it was started on june 1st
The fear of Jehovah is the beginning of knowledge, wisdom and discipline...Prov 1:7
- monolisa
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noone22,
This should provide some basic info about the matter.
http://www.fxstreet.com/education/forex ... egulation/
The ruling only applicable to US brokers with membership with NFA.
Lis
This should provide some basic info about the matter.
http://www.fxstreet.com/education/forex ... egulation/
The ruling only applicable to US brokers with membership with NFA.
Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu
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Don't trust the US Government-dems or repubs
Stand strong. This move is a further loss of my and all of our liberty and freedom. Hedging and shorting isn't hurting the US economy any where near as much as the government deficit spending us into a huge black debt hole we will never come out of. It is time for good men to stand up.jb
Stand strong. This move is a further loss of my and all of our liberty and freedom. Hedging and shorting isn't hurting the US economy any where near as much as the government deficit spending us into a huge black debt hole we will never come out of. It is time for good men to stand up.jb
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
- Patch
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Humble
Somebody hates America and her industrial base. When was the last nuc power plant was built here? In France?
When was the last oil refinery built? Here and else where?
The bottom line, short the USD every time.
Debt is an economy killer. Inflation the knock out blow. Forex trading is more important now for financial survival than its been for a long time. I must live too close to the beltway. jb
Somebody hates America and her industrial base. When was the last nuc power plant was built here? In France?
When was the last oil refinery built? Here and else where?
The bottom line, short the USD every time.
Debt is an economy killer. Inflation the knock out blow. Forex trading is more important now for financial survival than its been for a long time. I must live too close to the beltway. jb
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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