I have talked about these ‘crooked’ brokers for years. They are not registered, monkey with your orders and so on. Yet the retail traders who lose or get minimal returns will always argue how wonderful they are. This broker represents the start of all the problems out there. If you watch this video (oddly from Dukascopy TV), it will make you internally angry. In a nutshell, find ways to protect your capital!
Do note only this newsletter will be offered to you at this really low rate of $47 per month. As I mentioned in a past video, this will be offered at $97 per month to the ‘public’. If this service proves to be worthy, this monthly cost will eventually makes its way to $197 all the way up to the $297-$397 range. As you can tell, if you take this low monthly rate at the rate of $47, you will be grandfathered at that rate for as long you remain a member.
I have also announced I will be moving this ‘newsletter’ to another server from Infusionsoft. You can also get my free 2 PDFs on (in case you never got them):
Trade Like a Boss
Tecbnical Secrets in Algo Trading
You can also be part of this new newsletter on this server. I am thinking of actually discontinuing this current one you are reading from. It has been highly recommended to manually opt in yourself into this new server.
You may have read my review on how Oanda has been super sloppy on my application as a potential client. They seem to be useless in that department. I also tried their Oandapy Python package which seems to be broken. Like seriously WTF? If this is the ‘better broker’ in this crappy world of retail forex brokers. I would hate to see how the crappy ones will treat you. Not only is Oanda questionable, but their currency support list is much narrower than others like Interactive Brokers or LMAX.
I will say that Oanda is good for one thing. Use them as a test bed for your trading ideas. You can use them for minimal funding vs others which want $5K or $10k of your cash. Start with a small broker like Oanda, then scale up to the bigger and more reputable ones as you have more confidence in your automated trading strategies. Easy peasy.
As for weekly Meetups, I do have these weekly at 8PM EDT on Mondays for all my Quant ELITE members. I will roll them in to my new Analytics early in the new year, the scheduling of online Meetups will stay the same.
Speaking of my Quant ELITE members, be very aware of this as we are now moving into the last few days of my Interactive Brokers API Workshop being a benefit.
Lastly, many have asked for this workshop I spent quite a lot of time on. It is the Interactive Brokers API where I spend hours and hours upon demonstrating the capabilities through this powerful automated broker. At the same time, I show how to implement using major open source non .NET languages which includes Java, Python, and low level C++. I don’t think you will get all of this with various demos, coding samples, and on top scenarios you want to use these languages. As you know, all good things will come to an end with the unbundling of this workshop from my Quant Elite membership. This Saturday Dec 17will mark that day. I will be completely removing it from the membership but will re-appear in the New Year as a pretty expensive standalone product. Personally, you may want to take advantage of this last week before everything else disappears within a few months.