I tweeted the news about CFTC is seeking public comment on proposed reduction of leverage to 10-to-1. In other words, 10:1 leverage would be the maximum amount allowed for all Forex traders in the U.S.
Since then, I have received few emails from retail brokers about their comments to this proposal. So far, Oanda, MB trading, [...]
This is not a breaking news, just a reminder to my readers since THE change is coming in around a month time. Official date given by NFA is 30th November 2009. CFTC approved NFA amendments to Section 12 of NFA rule book, which requires FDMs to collect a margin deposit of 1% of the notional [...]
One of my trading buddy on Twitter dropped me an DM yesterday, asking me if I am following a guy, let’s call it Moh (I do not want to mention his name here). The reason of asking this was because, unfortunately, my buddy followed him on twitter recently, and in return, Moh sent him a [...]
Finally, after waited for weeks, I managed to grab a copy of Technical Analysis of Stocks and Commodities, June 2009 issue. Yes, it is a little difficult to get the latest U.S magazine in Melbourne, Australia. Well, that’s not the point of this post.
I was interviewed by Jayanthi from TASC. I shared about my experience, [...]
I might be slow on posting this. But I just wanna keep a back up of this hilarious video. It reminded me John McCain/Letterman lessson And it shows you how wrong the media can be when it comes to trading/investment. So, do you still looking for ‘Advice’ from the ‘experts’ ?
From the desk [...]
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