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I'm sorry you're not getting much of a response. May I suggest consulting the forums at https://forum.wilmott.com https://forum.wilmott.com ? The participants t
by gradschool 9y ago
I'm sorry you're not getting much of a response. May I suggest consulting the forums at https://forum.wilmott.com https://forum.wilmott.com ? The participants there are extremely knowledgeable financial industry professionals. It sounds like your just starting out so maybe it's not too late to give you my two cents. FX trading is unsuitable for outsiders because unlike the securities markets which are heavily regulated and somewhat centralized, FX brokers are difficult to catch in the act of deliberately giving you a bad price or execution because no one can verify the conditions that prevailed at the moment of your trade. If you find the perfect algorithm, your outsize returns will come to the attention of intermediaries with sticky fingers.
- jetti 9y agoThank you for your response. Forex was appealing to me because of the lower amount needed to start, lower commissions (the broker I am looking at uses the spread) and no day trading regulations. Perhaps I will start doing securities instead of forex.