LeMercenaire wrote:Mr. D wrote:Guys,
You're right. When writing the post, I was thinking about counter trading, something I think Lem's using when the trade goes the opposite way. It is only possible on MT4 and not on NinjaTrader, not sure about other platforms.
Most serious brokers (all?) will allow counter trading. Never used NinjaTrader. The way around it, if you are wedded to that platform for charting, is to keep it just to chart and place your trades with a separate stand-alone broker. I'd recommend doing that anyway.
One thing now though, is that you need to consider account size much more if you wish to counter, due to the ESMA bull****.
Thanks for replying. Good stuff!
What is ESMA? How do they influence how traders choose account size?