I'm also trying to find a good broker for news spike trading. It baffles me how many people come on this board and say that spike trading is impossible to do profitably, when in fact that is essentially what Felix and crew are doing. They are telling us to watch the data to the second it is released, then place a trade immediately after determining the right direction. Trading on retracements is only meant to serve as a second chance strategy in case you miss out on the first "spike".
So what I am wondering is, and this is for Felix and all the people that are trading profitably following his news trading stategy, which broker(s) are you using to trade these news spikes that have allowed you to avoid all the mishaps (slippage, stop hunting, spread widening etc.)so often associated with news spike trading?
Pip My Ride, who would you recommend for spike trading. And for that matter, who would be good for afterspike trading. And how do they differ? Thank you!
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