The real reason for the extreme tough trading in the FX?

Quote from Bigpipn:

I can't tell you how many times I've seen MT4 feed nose diving and the ProRealTime rallying 10 ticks to hit my stop to the tick then nose dive.
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This is what is all about. Deregulated market, no central exchange, every pool operator does whatever possible to make money from their clients.

But camnot do it to me. They tried to do it a few times. Actually, they fell in the trap i set for them. I was long eur/usd with a tight stop on purpose. As soon as a noticed the nose dive I did not touch the stop but I had an order read to double the position at my stop level + 1 pip. When the stop was hit, I had the buy order executed. The market had to go up. It was like the the screnn had a personality. Prices started moving erratically all over the place. I stayed there and just watched laughing at the sucker behind desk. I placed no stop. I exited the position during a slow time period after hours.

Needless to say I had to change broker. They started freezing the platform on me when I tried to do it next time.

You can't win in the long term, the game is rigged.
 
Quote from intradaybill:

This is what is all about. Deregulated market, no central exchange, every pool operator does whatever possible to make money from their clients.

But camnot do it to me. They tried to do it a few times. Actually, they fell in the trap i set for them. I was long eur/usd with a tight stop on purpose. As soon as a noticed the nose dive I did not touch the stop but I had an order read to double the position at my stop level + 1 pip. When the stop was hit, I had the buy order executed. The market had to go up. It was like the the screnn had a personality. Prices started moving erratically all over the place. I stayed there and just watched laughing at the sucker behind desk. I placed no stop. I exited the position during a slow time period after hours.

Needless to say I had to change broker. They started freezing the platform on me when I tried to do it next time.

You can't win in the long term, the game is rigged.
More...


I have noticed rather strange instances where my platform freezes for a short time and doesn't let me execute a market order ---

BUT

As long as you are on the right side of the trend and using very little margin then it is almost impossible for you to lose money

Good traders will always be able to make money, whereas bad traders will always find excuses
 
Quote from T-Bone Trader:


Good traders will always be able to make money, whereas bad traders will always find excuses
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Exactly!

What makes me laugh is reading the conspiracy theories about how some dealer on a dealing desk is sitting there hunting one individual trader's stops :D
 
Quote from cabletrader:

Exactly!

What makes me laugh is reading the conspiracy theories about how some dealer on a dealing desk is sitting there hunting one individual trader's stops :D
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Don't get me wrong -- I definitely feel and have experienced some rather suspicious trading practices in my fx executions the past few months

But nothing that I'm not willing to take in exchange for the opportunity to take money from *them*

I don't (and would be an idiot to do so) think nor expect the game to be fair -- if it were everyone would be rich!

Only for the 1% my friend......either you're in my club, or you'll forever be denied membership!
 
Quote from cabletrader:

Exactly!

What makes me laugh is reading the conspiracy theories about how some dealer on a dealing desk is sitting there hunting one individual trader's stops :D
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well, the dealer knows the volume of stops at every price, you get enough individuals together and the dealer sees dollar signs. However, the "real market" stop hunts enough on its own in forex, plus 99% of traders are losers they dont bother to hedge anyways, so stop hunting would only slightly accelerate teh bottom line getting to where its going.
 
Quote from intradaybill:

This is what is all about. Deregulated market, no central exchange, every pool operator does whatever possible to make money from their clients.

But camnot do it to me. They tried to do it a few times. Actually, they fell in the trap i set for them. I was long eur/usd with a tight stop on purpose. As soon as a noticed the nose dive I did not touch the stop but I had an order read to double the position at my stop level + 1 pip. When the stop was hit, I had the buy order executed. The market had to go up. It was like the the screnn had a personality. Prices started moving erratically all over the place. I stayed there and just watched laughing at the sucker behind desk. I placed no stop. I exited the position during a slow time period after hours.

Needless to say I had to change broker. They started freezing the platform on me when I tried to do it next time.

You can't win in the long term, the game is rigged.
More...

when people call your story conspiracy theory, I often wonder how big of a numb loser do they have to be

unbelievable, most people on ET are seriously detached from reality

of course 99% are gonna lose, these poor fuks don't have a brain at all
 
Quote from T-Bone Trader:

Don't get me wrong -- I definitely feel and have experienced some rather suspicious trading practices in my fx executions the past few months
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We probably all have, liquidity dried up and volatility increased, bucketshops need to compensate for that somehow.

As you say, there are still plenty of exploitable opportunities, it's just a matter of adapting to market conditions.
 
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