Quote from cabletrader:
Where does he think marketmakers hedge their exposure?
I guess it depends on which marketmaker you use, at this level most mainstream shops run the same business model give or take.
If anyone wants to trade in the interbank market they'll need at least a couple of million and trade plenty of volume and even then it's going to be with someone like Deutsche Bank (Autobahn), everything else the broker is counterparty regardless of what they say in their sales pitch about ECN models and STP.
Futures is fine if you're paranoid about being screwed by your broker and only trade G7 but check prices, they're more or less identical.
Maybe you guys are in a different league but most of us on forums like these rarely trade more than a few million.
Here we have our market maker lawyer back in action LMAO
The retail forex model is build on taking money from 90 % of the losing traders and sabotaging the winning traders.
That way they make MUCH MORE than just the lousy spread.
The retail MM like to play games like stop hunting, requoting,shading,freezing platforms,reversing trades.
Software like MT4 is even designed to facilitate this games
