Is it just me or is it much harder to make profits off of small moves in the Forex market vs the Stock market?
The reason I feel this way is the inability to be "seen" in the market place due to the fact that whatever brokerage service you use will be the one taking the counter to all your trades.
What I mean is with stocks if the Bid is say $9.35 and the Ask is $9.38 and I want to sell quickly I can put in a limit sell order of $9.37 and since I am now the inside ask I have a high degree of probability of being the next order filled.
With Forex if the contract has a Bid 11 and an Ask 14 and I place a limit sell order at 13, I will NOT get filled until the actual Bid price moves to 13 regardless of what the last actual trading prices were. I have had in limit sells for 13 and watched the actual last trade prices rise as high as 2 pips above my price and still I never get filled.
This makes me feel like the markets are sort of rigged against regular traders. So is this just me or am I correct in this thinking?
The reason I feel this way is the inability to be "seen" in the market place due to the fact that whatever brokerage service you use will be the one taking the counter to all your trades.
What I mean is with stocks if the Bid is say $9.35 and the Ask is $9.38 and I want to sell quickly I can put in a limit sell order of $9.37 and since I am now the inside ask I have a high degree of probability of being the next order filled.
With Forex if the contract has a Bid 11 and an Ask 14 and I place a limit sell order at 13, I will NOT get filled until the actual Bid price moves to 13 regardless of what the last actual trading prices were. I have had in limit sells for 13 and watched the actual last trade prices rise as high as 2 pips above my price and still I never get filled.
This makes me feel like the markets are sort of rigged against regular traders. So is this just me or am I correct in this thinking?