Simple's Green Room

[Reznor]

Hey SG. How does the NFA FIFO rule hurt traders? The only thing I can see is if you are long a position and think its going higher but its making a pullback and you dont want to close your long but just add a short this rule makes that not possible? Is that the biggest problem with the rule or is it something else.

I can see the benefit to be able to do that. In case the pullback doesnt happen or isnt as deep as you thought then you can just close the short and continue up with your long profits.

I trade with MB trading. Love their spreads and customer service. Am I handicapping myself by not using an overseas broker?