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10.4 A Complete System
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Author:  garyfritz [ Sat Mar 16, 2013 4:23 pm ]
Post subject:  Re: 10.4 A Complete System
Dewey McG wrote:I happen to think my broker is one of the good guys. After dealing with one of these (and fixing my trade) a while back he explained the risk to me in more detail:
That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?
Author:  Foreverforex [ Sat Mar 16, 2013 4:50 pm ]
Post subject:  Re: 10.4 A Complete System
allisonmagic wrote:I've lost a lot of pips, and i'm still getting the hang of 10.4, but 10.4 IS a wonderful system and i will dedicate my time to success with it's guidance.

Many thanks to NanningBob
Remember there's always demo accounts....
Author:  AGT [ Sat Mar 16, 2013 4:55 pm ]
Post subject:  Re: 10.4 A Complete System
garyfritz wrote:...
That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?
Zoom the pic - It's "The Collective FX" (left buttom corner) ;)
Author:  grimweasel [ Sat Mar 16, 2013 5:20 pm ]
Post subject:  Re: 10.4 A Complete System
Just ran the stats on my daily system using the 50ema for the past month. 14 trades, 10 profitable and 4 losses. Account up by 12%. Using 30K balance and £1 per pip and applying the 2%/6% rules of money management.

So far, looking good.
Author:  Dewey McG [ Sat Mar 16, 2013 5:23 pm ]
Post subject:  Re: 10.4 A Complete System
garyfritz wrote:
Dewey McG wrote:I happen to think my broker is one of the good guys. After dealing with one of these (and fixing my trade) a while back he explained the risk to me in more detail:
That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?
The CollectiveFX is the broker. No broker is perfect but I do like them. Gary (aka "4of7") is a straight shooter. On another forum there is a post about him closing a guy's account for losing so much money and chewing him out telling him to stick with demo until he learned how to trade.

They are an STP broker that does not charge commission per trade just a flat monthly fee instead. Depending on your account size that can save a significant amount.
Author:  Captain Jack [ Sat Mar 16, 2013 5:41 pm ]
Post subject:  Re: 10.4 A Complete System
Dewey McG wrote:
garyfritz wrote:
Dewey McG wrote:I happen to think my broker is one of the good guys. After dealing with one of these (and fixing my trade) a while back he explained the risk to me in more detail:
That's an exceptionally lucid and helpful response to get from a broker. Which broker, if I may ask?
The CollectiveFX is the broker. No broker is perfect but I do like them. Gary (aka "4of7") is a straight shooter. On another forum there is a post about him closing a guy's account for losing so much money and chewing him out telling him to stick with demo until he learned how to trade.

They are an STP broker that does not charge commission per trade just a flat monthly fee instead. Depending on your account size that can save a significant amount.
They have been around for awhile. I remember when they started out, I had an account with them as a member. Sorry to say, they are no longer available to US citizens. I haven't visited their site for some time, but the last time I did, they were supposed to be working on a CollectiveUSA branch. I hope they follow through on it.

CJ
Author:  Dewey McG [ Sat Mar 16, 2013 6:00 pm ]
Post subject:  Re: 10.4 A Complete System
Captain Jack wrote:
They have been around for awhile. I remember when they started out, I had an account with them as a member. Sorry to say, they are no longer available to US citizens. I haven't visited their site for some time, but the last time I did, they were supposed to be working on a CollectiveUSA branch. I hope they follow through on it.

CJ
Since when did they stop taking US customers? I am in Florida.
Author:  Foreverforex [ Sat Mar 16, 2013 7:06 pm ]
Post subject:  Re: 10.4 A Complete System
They may not be taking new US customers, but if you were with them before they moved to Belize, they didn't kick you out.
Author:  Captain Jack [ Sat Mar 16, 2013 9:40 pm ]
Post subject:  Re: 10.4 A Complete System
Foreverforex wrote:They may not be taking new US customers, but if you were with them before they moved to Belize, they didn't kick you out.
Their site says they are going through a compliance review. When it is complete, they may open up and take US citizens again.

CJ
Author:  Captain Jack [ Sat Mar 16, 2013 10:49 pm ]
Post subject:  Re: 10.4 A Complete System
allisonmagic wrote:
Captain Jack wrote: If you really want to improve, post some of your charts showing where you enter, where you exit and your reasons for doing so. There are a lot of experienced traders here who could give guidance but without the correct info, we can't really be of much help to you.

CJ



CJ

I've been posting charts for every pending order i've opened with this system. everyone says it's 10.4 trades. but this week i've been opening trades just to have price reverse on me instantly
Ahhhhh...I see now. Sorry...my bad!

Price probably just got a whiff of the 'tude and took off.... ;)

CJ
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