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To have an average that is statistically > 0 does NOT imply that you can NEVER have a negative daily return: it means that, on AVERAGE, you have a positive return! You can have a lot of negative days, but if the positive ones more than compensate for the losses, you end up with an AVERAGE positive return (that can or cannot be statistically significant from ...


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Actually, it is depends where you want to trade and it is part of trading workflow of concrete counterparty. FIX protocol definition itself does not force you to subscribe on anything. Some brokerages forced you to subscribe on market data streams prior placing any trades. Last one we discovered - FXDD.



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