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Forexia replied Sep 14, 2015When you are using EBS, you are supposed to get access to multiple liquidity providers too and that's not the issue. The issue is the transparency. With no central exchanges, you have no way of verifying what you see is what was really there or what ...
Who is making profit in the forex market?
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Forexia replied Sep 14, 2015Well I am telling you that making millions IS possible even with the few thousand as long as the retail brokers play fair. They are not so we can only make a few thousand at best. But anyway ignorance is bliss I guess. As long as you are content of ...
Who is making profit in the forex market?
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Forexia replied Sep 14, 2015How large of a volume? And which broker(s)? So no possibility of them manipulating the price? The price that I see on the platform is REALLY what I will get?
Who is making profit in the forex market?
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Forexia replied Sep 14, 2015I wonder how do you trade directly on EBS Reuters? Would you still need a broker? I would guess you still do since EBS Reuters is just a platform. What's their min. trading volume, anybody know? The crux of the problem with forex trading in essence, ...
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015Yes for forex maybe but still I have obtained different result when I backtest my same strategy on the spot forex charts and on futures forex chart even though the price curve and the indicator curves are identical. It's really strange. But for ...
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015Yeah but that trader profitability specifically focused on profitability of forex accounts excluding all the other accounts.
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015The utility is NOT what we are talking about here. Who cares who uses the market for what purposes? At the end, if you aggregate all the winnings and the losses, the result is still zero. I don't understand what your comment is doing here.
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015yeah but with $10K, even with the capped leverage by CFTC, you can control more than just 1 standard lot in spot forex and yet in futures, you can only control 1 contract which is equivalent of 1 lot.
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015Yes but the game itself is STILL zero-sum. It's a game theory. The new liquidity added is NOT part of the game; it just determines HOW much of the reward there is when the game ends. The liquidity added or taken away does NOT affect how the game is ...
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015Well you can trade forex still BUT you just have to be VERY CAREFUL with your broker and you REALLY need to make sure you have chosen a broker that genuinely tries to align their interest with yours instead of acting against you. And if you look at ...
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015You can but the way that the futures market is structured is you either don't make much money on the quiet days or you lose money very quickly, far quicker than in forex thus requiring you to invest LOT more if you don't want to blow your account ...
Who is making profit in the forex market?
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Forexia replied Sep 13, 2015WHY should us traders be limited to only making only few K's a year? Trading is a business for us. I don't know any businessmen who will be satisfied with just making few K's a year. Do you? And besides, HOW are we going to live on just few K's of ...
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015Yeah but if I am going to invest in foreign currency and just hold it for long term, I will just open an account in the foreign currency with a bank and just let the money sit there while waiting for its appreciation/depreciation. LOL WHY would I ...
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015Then you are vulnerable to the REAL negative price movement. What if the price REALLY moved against you for 1000 pips hypothetically? Without a stop-loss, you would've suffered a loss of 1000 pips, this time for real and the broker still won, this ...
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015Yeah that's the only problem with futures is that it's really inefficient in terms of capital usage due to its extremely high margin requirement so you basically have to invest a lot of your trading capital but only to trade instruments that has lot ...
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015Yeah but what if ALL the brokers widen the spread from time to time? LOL And trust me, they ALL do at one time or another.
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015Yes that is true. They do have control over the price feed and they see ALL of your trades even with cTrader.
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015I disagree with that statement. There should be NO limit to how much a trader can make with a broker. There is no such thing as a "safety limit". We are all in the trading business to make money. WHY should my profit potential be limited by some ...
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015Yeah and Gain Capital is the biggest casino brokers out there even. There is a thread in the "Brokers Section" on FF started by this guy who traded with Gain Capital and made $200K in profit and Gain Capital forfeited all of it accusing that trader ...
Who is making profit in the forex market?
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Forexia replied Sep 12, 2015I thought of fx futures and they DO have very similiar chart pattern as the spot BUT it's EXTREMELY low volume. Its trading volume is like 1/5 of the spot so not sure if the profit potential is there.
Who is making profit in the forex market?