The Enforcement Directorate is in the process of serving final penalty notices in 16 alleged forex violation cases amounting to an estimated Rs 1, crore against former IPL chairman Lalit Modi and others as part of its wide-ranging probe in the alleged financial irregularities in various editions of the T20 cricket extravaganza. Become a happy, confident and successful Expert Advisor Forex Trader. If you are unable to do so, Fidelity may be required to sell all or a portion of your pledged assets. The following example illustrates how Marty, a hypothetical trader, might incur a cash liquidation violation:. They are extremely exceptional, traded at high risk and have a very low chance of ever repeating.
Stops required by this technique are generally quite small compared to the potential gains. Just these 2 facts give this technique a head start over most Forex trading methods. Barry Thornton has consistently made over 1 million US Dollars employing traders to trade this and other systems based in this concept. This system can be traded on all timeframes and all currencies and will always be profitable in the long run.
It is basically a sideways or slowly trend-line system which will not give signals when a strong trend develops. We have not had a single failure. There area few refinements to the entries not shown in the above explanation but the above is most of the technique. The first EA will trade RSI trendline violations for your on an automated set and forget basis continuously. I got the value of the EA finder by 20 times in already.
The best feature is that I can switch charts by a click which makes it so fast just what you need in trading on a short timeframe. Combined with my own charts on top of it I feel I have the perfect system. And as a side note: This is ideal if you want to trade manually but don't want to watch the trading screens all day long. Please note you need MT4 version and above to use this EA. You should not base your expectations of this EA on the results above. They are extremely exceptional, traded at high risk and have a very low chance of ever repeating.
Over 40 testers tested these EAs prior to their launch. The test mainly revolved around testing the ease of use and supporting information provided. The test period was too short to generate live testing results but set files provided were tested. Tester input will make your experience of the EA much better as many small improvements were suggested. The results on the left show an example of the results one of the very experienced testers achieved over a 5 month period by suggesting two small change to one of our test settings.
Please bear in mind that these results are exceptional and the chances of achieving or bettering them in the future are as remote as winning the Lotto. It does however show the extreme potential this EA is capable of when traded at very high risk not recommended. I like trading support and resistance levels.
So I like the Finder EA as it finds really good entries and I can then refine each trade I take with stops and targets based on current support and resistance.
JJ from the US: If you do not have optimisation skills, skills to analyse what an EA is all about, skills to manage and reduce risk we suggest the you consider using the service below. We will dial into your computer and over a period of 90 minutes and teach you how to optimise and analyse the EA. This will hopefully develop the skill to find the very best settings for the best returns and lowest risk on an ongoing basis for the EA. You will be able to apply this knowledge and experience to other EAs.
This one-on-one service is further supported with 2 courses on the optimisation of Expert Advisors. Become a happy, confident and successful Expert Advisor Forex Trader. Master any Forex Expert Advisor. When purchasing from the EAFactory website please logout and then log back in so that your purchases can be registered in your download area for activation. All EAs come with 2 licences, so that you can use the EAs on up to 2 computers. If you need more licences they can be purchased from EAFactory.
We also accept Bitcoin. You can use bitcoin to make your purchase. Please click on the Bitcoin link to do this: You need MT4 version to run this specific EA.
The subject line of the email you send will be "Fidelity. Anyone who has actively traded securities in a brokerage account knows that skill, timing, and discipline are just 3 of the many attributes necessary for success. You also need a comprehensive understanding of the rules that govern brokerage accounts if you want to avoid running into problems with your brokerage firm. Before placing your first trade, you will need to decide whether you plan to trade on a cash basis or on margin.
In this lesson, we will review the trading rules and violations that pertain to cash account trading. As the term implies, a cash account requires that you pay for all purchases in full by the settlement date. That means that if you buy a stock on a Monday, settlement date would be Wednesday. If you plan to trade strictly on a cash basis, there are 3 types of potential violations you should aim to avoid: A cash liquidation violation occurs when you buy securities and cover the cost of that purchase by selling other fully paid securities after the purchase date.
This is considered a violation because brokerage industry rules require you to have sufficient settled cash in your account to cover purchases on settlement date. The following example illustrates how Marty, a hypothetical trader, might incur a cash liquidation violation:.
A cash liquidation violation will occur. Because when the ABC purchase settles on Wednesday, Marty's cash account will not have sufficient settled cash to pay for the purchase because the sale of the XYZ stock will not settle until Thursday. If you incur 3 cash liquidation violations in a month period in a cash account, your brokerage firm will restrict your account.
This means you will only be able to buy securities if you have sufficient settled cash in the account prior to placing a trade. This restriction will be effective for 90 calendar days. A good faith violation occurs when you buy a security and sell it before paying for the initial purchase in full with settled funds. Only cash or the sales proceeds of fully paid for securities qualify as "settled funds.
Liquidating a position before it was ever paid for with settled funds is considered a "good faith violation" because no good faith effort was made to deposit additional cash into the account prior to settlement date. The following examples illustrate how 2 hypothetical traders Marty and Trudy might incur good faith violations:. If Marty sells ABC stock prior to Wednesday the settlement date of the XYZ sale , the transaction would be deemed a good faith violation because ABC stock was sold before the account had sufficient funds to fully pay for the purchase.
At this point, Trudy has not incurred a good faith violation because she had sufficient settled funds to pay for the purchase of XYZ stock at the time of the purchase. If you incur 3 good faith violations in a month period in a cash account, your brokerage firm will restrict your account.
While the term "free riding" may sound like a pleasant experience, it's anything but. A free riding violation occurs when you buy securities and then pay for that purchase by using the proceeds from a sale of the same securities. This practice violates Regulation T of the Federal Reserve Board concerning broker-dealer credit to customers. The following examples illustrate how 2 hypothetical traders Marty and Trudy might incur free riding violations.
A free riding violation has occurred because Marty did not pay for the stock in full prior to selling it. If you incur 1 free riding violation in a month period in a cash account, your brokerage firm will restrict your account. As these examples illustrate, it's easy to encounter problems if you are an active trader and don't fully understand cash account trading rules.