Search found 9 matches

by FrankWala
Thu Sep 09, 2004 11:08 am
Forum: Forex
Topic: Anyone Trading Oanda?
Replies: 25
Views: 34264

Re: I wonder

The Oanda, Fxcm & GFTForex seem like bucketshops (my opinion). I like Refco, but they have a alliance (same back-end) with one of the above 3). After checking out all three, I found prices to be different, and they will take my stop price.... even when there was no trading at that price. I take pric...
by FrankWala
Wed Sep 08, 2004 12:09 pm
Forum: Trader Psychology
Topic: Dealing with a drawdown
Replies: 29
Views: 38395

drawdowns

Most of the work on any system is statistical. How did previous occurences measure up to todays occurences. I tried various systems (from TS) in a portfolio of Holdrs/ETF/index for 1 ,2 ,5,10 years . The systems (momentum, CBO, Volatility, 3 Mov.Avg) hold up in a portfolio well. The NET profit is th...
by FrankWala
Wed Sep 01, 2004 1:28 pm
Forum: Forex
Topic: Backtesting a forex portfolio
Replies: 17
Views: 17358

Moodaeng I checked around, TC2000, TradeStation, CSI, Fred St. Louis and did a search in google. Could NOT find 1 month libor. Other than Bloomberg (pricey for an individual) where can I find historical (5 years) for this data series. AND is Libor rates different for different countries (Aud, GB, Ge...
by FrankWala
Sat Aug 28, 2004 8:11 pm
Forum: Forex
Topic: Backtesting a forex portfolio
Replies: 17
Views: 17358

Can you expand on your quote below. I did not follow. Are you referring to the interest rates in the base currency ; Interest rates are (% yield) Aud Germ Japan UK USA (from Bloomberg 1 year note) 5.22 2.25 0.03 4.75 2.48 Go long AUD, Short Japan (Will that be AudJpy in Tradestation/FXCM) Frank San ...
by FrankWala
Sun Jul 11, 2004 11:40 pm
Forum: Trend Indicators and Signals
Topic: Available Software
Replies: 8
Views: 7284

Kiwi I am a new member of the forum from 3 months ago. The signal / noise ratio is high in this forum; and the discussion is enjoyable. I had a few bricks tossed my way on the omegalist, tharps' forum etc. Sometimes in the heat of the moment, things are said and done; which should be taken lightly (...
by FrankWala
Fri Jul 09, 2004 11:10 am
Forum: Forex
Topic: Anyone Trading Oanda?
Replies: 25
Views: 34264

Re: Forex brokers

I looked at Oanda, FXCM and GFTForex. My criteria for selection was 1 Safety of Principal, 2 Reputation of firm, length of time in business, opinions of fellow traders (whom I respect) of the broker 3 Bid Ask difference (spread) I finally decided on a stop-gap approach; take the prices from the cash...
by FrankWala
Fri Jul 02, 2004 4:00 pm
Forum: Trader Psychology
Topic: dealing with whipsaws
Replies: 14
Views: 18857

I call it quits for the day; ( even knowing that its the wrong thing to do); Watching the EurUSD go 1.2315 with me not aboard it and I did not have the heart to put the next trade on. A few years ago, I used to buy a nice bottle of wine when I had a good day (timing mutual funds); and do some more h...
by FrankWala
Wed Apr 28, 2004 1:46 am
Forum: Forex
Topic: Anyone Trading Oanda?
Replies: 25
Views: 34264

Re: Anyone Trading Oanda?

I am looking at fxcm.com and gft forex. Prices on both dont match. and sometimes I wonder if the currency brokers are 'the bucket shops of the 20 th century' I have a demo account at fxcm and GFT. I was long GbpUsd from time 3.47 from 1.7927. Suddenly I was taken out by GFT at time 5.06 at 1.7932. T...
by FrankWala
Sun Apr 11, 2004 12:55 pm
Forum: Forex
Topic: FOREX vrs. Stocks
Replies: 13
Views: 17594

I am also looking at FXCM & GFT. GFT has a nice interface and has a 'trailing stop' feature. I have been using a standard Turtle which KSBerg posted. The only modification I made was use 'hourly' bars. and am doing 'demo account' on GBP USD only. I have hourly bars for 60 days only( unscientific tes...