[scarab]

gbogo...what are rebates when it comes to fx trading?

[gbogo]

yup - u guys are hilarious and you can keep playing blackjack

in relation to rebates

$10 per 100 k trade is standard unless they make you do it by currency pair and value

usdchf chf10

etc

however you can generally just make it 10 usd

for eg trade 1 mio 5 times a day = 500 usd each day, + or - trading p/l

[gbogo]

for online retail fx trading the main players are

fxcm - horrible firm make you trade on 10-15 pip prices via dealer intervention once you make a couple of winning trades

gft - software designed by an acountant and poor dealers not honoring trades

cmc - 2 pip spread probably best of the bunch in usa

saxobank - insure account balance up to 40 k eur - which noone else does if you can handle a non regulated us broker this wud be the pick

oanda - no experience with them

acm - based in chf - bunch of criminals and horrible trading rules - run simarly to fxcm - they close accounts of winners or discourage you to the maximum extent they can to trade with them

theres a few others but personally wudnt look at - as their capital is so low makes the risk of trading with them too high.

[scarab]

so you are saying that you get paid for volume...$100 per mil....do all firms pay rebates ?

also what do you think about fx solutions?

[gbogo]

yes just about all firms pay rebates for turnover

fx solutions are one of those that do not come up on the radar due to having low capital

not for me

for example the us based ones you have to get into ib relationship

here is a newer firm

"INSTITUTIONAL CLIENTS

<!-- CONTENT ELEMENT, uid:380/text [begin] --><!-- Text: [begin] -->MIG Investments introduces new and attractive conditions for institutional clients:

Profit from rebates on your trades and get access to more news and exclusive reports from major banks!
All of MIG’s clients already benefit from our incredibly low dealing spreads, which include 2 pip spreads on six currency pairs and 3 pip spreads on another four pairs. Despite these very low spreads, our institutional clients benefit from further rebates.
<!-- Text: [end] --><!-- CONTENT ELEMENT, uid:380/text [end] --><!-- CONTENT ELEMENT, uid:421/templavoila_pi1 [begin] -->Institutional clients enjoy the following advantages:

• They receive a rebate of $15 US per trade of 1 million/10 lots ($1.5 US per lot of 100,000).
• They have access to more news articles and exclusive reports from highly regarded banks.
• They receive a special follow-up service by our experienced traders.

<!-- CONTENT ELEMENT, uid:421/templavoila_pi1 [end] --><!-- CONTENT ELEMENT, uid:381/text [begin] --><!-- Text: [begin] -->The minimum deposit to open an institutional account that will allow you to benefit from our special services and advantages is $100,000 US."

this is very low and you get them to move higher

another one is ifx commerce alot of people use them for rebates (i dont)

you need to read each site carefully to get to the right person to set up for your trading.

goodluck

[Hawklet2]

casino gambling only play single zero roulette (goal 400-10k per trip)

maybe i have the most variety [of sex partners]

american, australian, japanese, korean, russian, singaporean, new zealand, canadien

my fastball was timed at 92 got asked to go to try out for the detroit tigers but actually was a pro tennis player

throw 60-65
field goal 65
punt 50

dunk

neteller stole 391 dollars from my account

listed it as an adjustment

and removed it from my poker winnings

only play in the 6 player [poker] games. my experience is once you start cashing out a large payout compared to your deposit next thing you know the cards go real cold fast.

[gbogo]

prekigeo

im sorry your life has been boring but for me i left home to travel the world as a professional athlete at 17

once i ripped up my shoulder at 22 i got a degree and entered the world of international trading and hedge funds.

now i have my own trading company and make a living trading/betting - im sorry that you have not been so lucky

[OMNIVOROUS FROG]

I would have to say no one can beat roulette over a long period due to the hold, even single zero. Many moons ago there were biased, or patterned wheels. But with today's technology, they are completely neutral. I have never seen a professional gambler even play roulette. If anyone were ever to beat the wheel, a pattern or bias existed, the casino would immediately contact the manufacturer and have it removed. Those wheels are manufactured to extreme tolerences. Which bothers me as if you are claiming you are beating this, what other claims are...


Best Wishes...OF

[OMNIVOROUS FROG]

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</TD><TD bgColor=#e7e7e7>©2006 TCSJOHNHUXLEY. All rights reserved. E&OE.
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These guys offer analysis and bias recognition, which is also done at the manufacturers before they leave the factory. Can you imigine what would happen if a manufacturer sent out a biased wheel and it got hammered? They would never sell another. Not to poke holes in your story but...


Best Wishes...OF

[winbet]

The term Professional Gambler is a paradox, anyone like myself, who makes money on Sports is investing, not Gambling. Although I lose in some Sports, My vast profits are mainly from playing slot machines, its all about knowing your Fruits and Bars.

[OMNIVOROUS FROG]

Yes, I would have bought beating slots. Been there done that. But there are businesses that even offer services to analyze these wheels. So this guy comes along and makes $400-$10,000 per trip? Professional storyteller is more like it, not to bash or anything. Whatever dude, good luck in everything you say you succeed at. The rest just baffles me in bullshit.


Best Wishes...OF

[asap]

Interesting selection of quotes, I will say. Well, SOMEBODY'S going to have the rich, varied, adventurous life the rest of us can only envy, so why not gbogo? Go, gbogo, go.

[gbogo]

o frog

you are referring to defects in the wheel such as bias in its inherent physical nature that is not the bias i look for

such as trading eurusd the pattern forms on the chart to indicate that the market is short and about to squeeze to a higher point, it creates a profitable trading opportunity (you can say that no such pattern exists if you like- but thats what technical analysis is - so you dont believe in it fine i do)

its the same in roulette - the numbers form a pattern themselves- ie first dozen red third black first red etc then you narrow the selection down by other criteria ---- if you have never traded something before then you are not used to identifying positions where the market or roulette wheel are biased in your favor

in terms of questioning anything ive done athletically thats a no brainer thats just fact.

[gbogo]

o frog

"The rest just baffles me in bullshit."

this just shows your general attitude to something you are not willing to learn. i learn or try to learn more about the market and trends everyday to help me increase my edge but when you have a closed mind and refuse to look at something from a different perspective than your own that you come up with statements like that.

in the financial market you are only as good as your reputation, thats what i have for 15 years at a wholesale level. so to be bashed by someone in a sports forum over 500-10k in gambling funds seems kind of silly to me. i think in this case you are trying to pick on someone who is the first person you have come across that isnt full of b.s.

[OMNIVOROUS FROG]

Your right gbongo. Successful people like yourself find the need to share their accomplishments in the newbie's forum at the RX. Just a little skeptical of your roulette prowess. But you seem to succeed at everything, so thanks for sharing.


Best Wishes...OF

[runken]

If anyone is interested on a target roulette system to try out contact Will to get my e-mail address and put in the subject line " target roulette" . This is along the same line as what gbogo is doing. I have done it with play money and real money to test the theory. We will will talk more if anyone is interested.....I am not going to waste my time if not.......

Runken

[asap]

But others may want to have a look. If you believe, and it seems to be working, and it makes you happy, then I am happy for you. I just don't believe there is an advantage, so I feel an obligation to point this out. This forum should be about playing with an advantage and I don't think roulette is viable per pattern recognition.

[kidslick]

good thread...

[Mr J]

single zero is easy to beat

its pattern recognition same as trading

Save your money.

I can't believe people with hundreds or thousands of posts would still believe in this crap (I'm also thinking of the martingale+favourites thread in the mlb forum).

I don't think you are in a position to insult anyone's intelligence (your response to heatohio).

[Ejercito]

Many claim they are professional gamblers, but I find it hard to believe that any professional gambler would want to post on a forum on the internet. Why would they want to post their plays on the internet? If anything, it would be for line minipulation and not to help people win money. Old BW use to move the lines. He is/was a professional gambler.

Im new here and might have a dumb question but what is actually the definion of a professional gambler? and do we have any on the forum?

[Sportsrmylife]

Many claim they are professional gamblers, but I find it hard to believe that any professional gambler would want to post on a forum on the internet. Why would they want to post their plays on the internet? If anything, it would be for line minipulation and not to help people win money. Old BW use to move the lines. He is/was a professional gambler.

With a forum of information like this I would believe that there are plenty of professional gamblers that work the forums for information or just to see what the masses are on. I wouldn't doubt it that there are guys that bet for a living that work the forums.

[Ejercito]

Maybe, if they have time to filter through all the crap and bs from every yahoo on here. Not being rude, but honest. I've heard many poeple claim to be professional gamblers. True professional gamblers will never come out and tell you anyways.

With a forum of information like this I would believe that there are plenty of professional gamblers that work the forums for information or just to see what the masses are on. I wouldn't doubt it that there are guys that bet for a living that work the forums.

[gbogo]

i write on professional trading forums on the internet

do i get money for it or some general satisfaction - no not really

but by writing things down and explaining things it helps disciplining my mind each day

its a job for me

horse racing/dog racing i can beat those with a system i developed which was initially shown to me by a guy i worked with - he was a statisician not a real gambler and i enhanced it

casino gambling as i said roulette for me is beatable - blackjack is not

thats just me - im not selling a thing im stating my opinions and what i do

if you disagree or lack the discipline to control yourself then you shouldnt gamble at all

goodluck with your choices.

[gbogo]

in relation to why do i post on the net or sports forums as a professional whatever

i spend 20 hours a day around the pc from sunday 4 pm to friday 12 pm

as thats my job - so i have time to read things that interest me

i love sports now i cant play anymore i enjoy the gambling side and studying for an edge

i learn more everyday about trading and by reading here and other trading places i develop my mind to increase my edge

i believe im a better gambler by reading this forum than by not

maybe thats just me

[Coulter]

Gbogo I agree with you that you can recognize patterns in roullette. A lot of times the dealer will fall into a rythym on how they launch the ball. This will allow them to hit the same area of the board more times than not. I assume you watch there launch point and than determine what section to play on the board. Also, this is the reason why the dealer is suppose to touch the wheel to change the speeds. Most people do not have the board memorized and are unable to do this. Some dealers can get close to hitting what ever number they want. I have actually won a good chunk of money off of roullette a few years ago, now have moved and don't have the luxury of playing. gl to you