Quote from forestgril:
Cabletrader, I am a moron but ... not a total moron
(not to understand f.e. that qoutes ought to be the same for everybody DEMO or REAL!, not only for one person and if there is a stop hunting, then it means stops for more than one person)
Oanda don't quote individually based on your position(s), they stream the same prices to everyone. With some marketmakers you may find that prices sometimes differ slightly between demo and real accounts as quotes can be streamed from different sources or not updated as fast or as often, or filtered as efficiently. At this level if/when stop hunting (a misnomer in this context) occurs it is extremely unlikely to be targeted at an individual trade or trader, if/when it happens quotes would be manipulated based on their book and therefore some traders will benefit and some will lose, ie your stop may be someone elses take-profit. Don't forget, quote manipulation is not necessarily done just to get your money, it's often used to provide in-house liquidity especially in a thin market. If you're nimble and observant enough you may be able to exploit those arbitrage opportunities!
Quote from forestgril:
Question: what other broker, besides Oanda gave You that qoutes, which I thought was a stop-hunting?
Probably IBFX, although I have 6 other MT4 platforms installed so it might have been another one, if it's important to you I can look it up if you give me the day/time in EST.
Quote from forestgril:
A remark: Oanda spreads in E/U used to be 0.91 on usual, now it is 1.5pip (on average, I think). 1.8pip at the moment (10:33).
It fluctuates to reflect the underlying market, it's 1.2 at the moment, even with that spread I believe it's still cheaper than futures though.
Quote from forestgril:
A second remark:
I agree with Cable on the following point:
SCALPING CAN BE VERY PROFITABLE!
Of course it can....
if you know what you're doing, and I've posted trading blotters of around 1,000 trades to prove that point. People who say scalping spot with a bucketshop is stupid or unprofitable are usually the people who have tried it and failed because of their own lack of ability or understanding of the market they're trying to profit from, what else can they expect but to lose. It's easier for them to blame the market or the broker than accept responsibility for their own losses, human nature I guess but they're only fooling themselves!
Quote from forestgril:
If that quote, which I thought was a stop-hunting was correct than I have to admit, that besides a one disconnect, I didn't see any other important fails on Oanda for 20 hours of demo-game.
You can't really compare the reliability of demo against live, or the efficiency of fills or accuracy of streamed quotes. Demo platforms are primarily used to allow prospective live clients to familiarize themselves with how the platform works, they're not a reliable test of how efficient the broker will be at executing trades in a live market.
Quote from forestgril:
But it is difficult for me to understand, as well as for Slapshot, why Cable is so ambiguous about Oanda. Every two months he states something else :/
Every two months is a slight exaggeration but sure my opinion of Oanda changes depending on how they perform, and so far this year they have performed extremely well in my opinion. In order to be fair I am just as quick to compliment them on a job well done as I have been to criticize them when things like connection, platform stability, or fills have been bad, that's only fair in my opinion.
If you're paranoid that your broker is hunting your stops (I don't quite follow why you think they would do that on a demo but anyway) then either change broker or find a different market to trade such as futures, it's that simple!