2009.09.10 DRAIN THE BANKS - LIKE A RAT

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trueblueTEX
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Platform question

Postby trueblueTEX » Sat Sep 04, 2010 3:53 pm

TheRumpledOne wrote:MB TRADING is the broker I use to trade:

http://therumpledone.mbtrading.com/forex.aspx


Avery,

which platform do you actually use to trade with MBT?

MBT Desktop
MBT Desktop Pro
MBT Web

iirc, you don't use mt4 with them for trading, correct?

Thanks
Tex

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wkestler
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Postby wkestler » Sat Sep 04, 2010 6:14 pm

I have the same question. They give you two options.

1) MBT desktop, mbt desktop pro, mbt web, etc
2) Meta trader 4

Which is the best way to open the account since after you choose it you can´t change it.

Thanks Avery for your answer.

Regards,

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TheRumpledOne
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Postby TheRumpledOne » Sat Sep 04, 2010 8:09 pm

I use MBT desktop aka THE NAVIGATOR for trading.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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trueblueTEX
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Postby trueblueTEX » Sun Sep 05, 2010 12:33 am

TheRumpledOne wrote:I use MBT desktop aka THE NAVIGATOR for trading.


Thanks, TRO.

Another question, sorry to bother you.

Can I, really, open a $500 account with MBT and trade DTB at 2% for 10pips a day?

How much would the commition charge on such a small trade?

Sorry to ask such silly questions but I have yet to trade live. I have only traded demo for a couple of years using different methods.

Thanks
Tex

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Postby nkhawaja » Sun Sep 05, 2010 12:51 am

I opened up an account for $500 and traded 2% from it, actually much more.

I was checking my trading logs and i saw different currency pairs have different commissions e.g. 0.50 GBPUSD = 0.46
0.50 EURUS=0.38

but i think we are steering away from the title of the topic. I suggested ask a new question in the basic forum first

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tmanbone
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Postby tmanbone » Sun Sep 05, 2010 2:43 am

trueblueTEX wrote:
TheRumpledOne wrote:I use MBT desktop aka THE NAVIGATOR for trading.


Thanks, TRO.

Another question, sorry to bother you.

Can I, really, open a $500 account with MBT and trade DTB at 2% for 10pips a day?

How much would the commition charge on such a small trade?

Sorry to ask such silly questions but I have yet to trade live. I have only traded demo for a couple of years using different methods.

Thanks
Tex



I believe TRO answers your questions here:

http://kreslik.com/forums/viewtopic.php?t=768&start=0

Scroll through the first page in this thread.
"The simplicity of the markets is it's greatest disguise"

T

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MightyOne
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Postby MightyOne » Sun Sep 05, 2010 5:29 am


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Postby jarnapal » Sun Sep 05, 2010 6:01 am

MightyOne wrote::lol:


http://www.theluckfactor.com/


Thank you so much for this. That's cool stuff .

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trueblueTEX
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Postby trueblueTEX » Sun Sep 05, 2010 1:52 pm

tmanbone wrote:
trueblueTEX wrote:
TheRumpledOne wrote:I use MBT desktop aka THE NAVIGATOR for trading.


Thanks, TRO.

Another question, sorry to bother you.

Can I, really, open a $500 account with MBT and trade DTB at 2% for 10pips a day?

How much would the commition charge on such a small trade?

Sorry to ask such silly questions but I have yet to trade live. I have only traded demo for a couple of years using different methods.

Thanks
Tex



I believe TRO answers your questions here:

http://kreslik.com/forums/viewtopic.php?t=768&start=0

Scroll through the first page in this thread.


Thanks. I've not seen that thread, before.

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trueblueTEX
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Postby trueblueTEX » Sun Sep 05, 2010 2:04 pm

MightyOne wrote::lol:


http://www.theluckfactor.com/

Thanks, MO. I'll take a look at that site.

I believe I asked "poorly". My question wasn't about whether DTB was really doable nor whether I could learn to do it to make money.

My question was meant to find out whether I could open an MBT account with just $500 and trade DTB at a 2% daily goal without the MBT commissions (I knew it looked wrong when I typed it, last night :oops: ) wiping out the small profits.

I've always thought that you had to have a much larger account with commission charging institutions or else make much larger (pip-wise) gains per trade to overcome the fixed commissions that are charged per trade.

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