At this day i read an email from FXDD that talk about NFA regulations.
FXDD's back office doesn't recognize hedging and leverage will be adjusted to comply with NFA regulations.
So, for hedging trader this is end of the day with FXDD.
Leverage will be set at 100:1 for major currencies, gold and silver. Others, 25:1 for leverage.
For little trader like me must have a more money for trading but its nope for a big trader.
So, i will learn again how to make more money with FIFO and NFA regulations of all.
No wall if we want to success and learn how to have the key.
Happy trading.
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FXDD No Hedging Anymore
November 27, 2009Label: Meditations