Forex is a sea of money

[piezoe]

I have been trading the Forex for years without any problems at all.

good! that may be broker dependent, I would guess.

 

[Tradex]

good! that may be broker dependent, I would guess.

Of course.
Just stick with the biggest FX brokers (like Oanda for instance) and you will be fine.

 

[destriero]

Not one of you posting to this thread is profitable in FX.

 

[piezoe]

Not one of you posting to this thread is profitable in FX.

I can assure you I am definitely not. I have also never lost money in FX. But I think Tradex's advice re forex brokers is probably quite good advice. Do you trade in the Forex markets?

 

[piezoe]

Of course: https://www.elitetrader.com/et/threads/tradex-forex-journal.345872/

I understood that you did. My question was for destriero.

 

[Tradex]

I understood that you did. My question was for destriero.

Sorry for the mix up.

 

[heispark]

As far as I know, forex's liquidity is highly exaggerated. Its liquidity is actually your broker's liquidity. Also, their liquidity providers don't necessarily have responsibility to accept your orders. That's why toxic flow or bad fill can happen.

 

[Tradex]

That's why toxic flow or bad fill can happen.

Sure, if you use some obscure offshore FX broker located in some exotic island.

 

[maxinger]

As far as I know, forex's liquidity is highly exaggerated. Its liquidity is actually your broker's liquidity. Also, their liquidity providers don't necessarily have responsibility to accept your orders. That's why toxic flow or bad fill can happen.

right mister. I don't trust those volume data.

that's why I don't trade spot forex.
I trade main currency futures

 

[Johannab]

It can definitely be considered as a sea of money if your strategies are working well for you. Experience will make you more successful.