Thread: Bad Broker?
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  #7 (permalink)   Spam Kill
Old 12-11-2006, 01:37 AM
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Quote:
Originally Posted by rugger180
....... fxcm trades against its customers and if you win they will switch your account to manual (I don't know what that means exactly).......
thanks for posting, Rugger. i now understand what "automatic" vs "manual".
at interbankfx they have a tutorial on writing a program for automatic trading and for backtesting your program. probably fxcm has one too. "manual trading" is normal trading of setting stops, limits etc.; "automated trading" is using your program to work while you sleep. naturally, i'm trying to learn the auto thing for quant- maybe just use it for audio alerts at first then later for real.
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