Recent content by piphog

I wasn't ignoring him at all. He's being repetitive, so there's no need to address what has already been addressed. The fact is my preliminary dataset shows that brokers simply don't offer downside leverage flexibility, they are forcing a minimum of 100:1, so the whole car analogy really is...

Well if you re-read my original, I was asking you if you wanted to co-author the paper with me, since we are on either side of the issue. I have already taken a sample of 10 and not surprisingly i've found that all of them force a minimum of 100:1 leverage in trading, no surprise there. but I...

Shoot. I couldn't figure out a way to PM you, so I hope you read this. As I said in the previous post we could collect data to write a brief paper on the practices of retail FX brokers with respect to their leverage policies, marketing, and any number of other variables. I think such a study...

Ive never been called a liberal before by anyone LOL. The fact is that over-leverage creates issues in OTC trading. If you want to take excessive leverage, by all means trade the futures that have limited counterparty risk, and with a clearinghouse it is much safer. You are a retail...

Wow, so typical to quote Congress when it suits you, then call them idiots when you disagree. That was only one random congressman who stated that, so saying "Congress agrees with us" is total bull****. So, basically your argument boils down to "we are worried that all these brokers will go...

I am going to ignore your original ad hominem in calling me uneducated on this. As someone who has worked in S&T for different investment banks for years now, and judging by your remarks, it is you who is the less educated one, not myself. Yes, futures trading has higher leverage. But you and...

I've been looking over some of these posts about people fuming over the proposed regulation to reduce leverage from 100:1 to 10:1. This reminds me of the furor over the regulation by CFTC through the NFA to ban offsetting ("hedging") positions in the same currency pair -- a practice that has...

He doesnt get what they are trying to accomplish? I guess he doesnt understand that retail brokers that require 100:1 trading are tandamount to casinos -- and the lemmings who are crying foul are like the dedicated slots players fighting evil sensible regulations. Let's not forget that 95% of...

Simple: because most brokers force 100:1 leverage, so they encourage excessive risk-taking so they trade more and lose more (thus feeding market makers and general broker business models). Everyone should be contacting the CFTC in support of the new regulations that will protect amateurs who...

Because these regulations are sensible and protect amateur inexperienced traders from predatory broker behaviour? These regulations WILL pass, and 90% of the **** brokers out there will fail as a result of people no longer feeding them.

To whom it may concern at the Commodity Futures Trading Commission: I am writing to express my support, as a responsible FOREX trader, for the proposed restrictions on leverage from 100:1 to 10:1. It is absolutely absurd how these brokers prey on traders by, in many cases, REQUIRING 100:1...

I think it's hilarious that posts are being screened by mods and whoever isnt blindly attacking the CFTC's sensible proposal is having their posts removed. no one will probably be able to see this, but the FPA is the biggest hypocritical ****hole -- censoring opinions that agree with the CFTC...

Wrong. The math isnt the same. I love how youre trying to talk your way out of the fact that borrowing 10x as much money to trade with is not taking more risk. It has nothing to do with "doing the math". If you trade by borrowing 100x the amount of money you use, its ridiculous and out of...

MORE LEVERAGE = STOPPING OUT FASTER. THERE IS NO REASON TO USE MORE CAPITAL TO TRADE AN AMMOUNT -- IF YOU HAVE ENOUGH MONEY TO TRADE 10:1, USE THE CAPITAL -- TRADING 100:1 IS TOO RISKY! THEY WANT YOU TO STOP OUT FASTER -- THE MARKET MAKING RETAIL BROKERS WANT YOU TO LOSE! USE ONLY...

Music Man If I can't win with 100:1 leverage, then how come I'm up 20% for the year to date? This market does not destroy anything, but fools and their money are soon parted, Forex trading or not. MM -------------------------- Bull****. I dont buy Pharoah's argument that using...