I do know exactly what you are talking about. As I stated a few days ago, when Kennedy was assassinated, the market makers bought into one of the greatest sell-offs in history and saved the integrity of the market. They were almost wiped out. That's their job. The money they bring into the system is supposed to be proven discretionary. And no matter how much the people here try to make it seem like the LP's are just there to have fun and steal with impunity, IT IS IMPLIED through industry-wide public relations that "Forex is the most liquid market in the world". (But we now know it's only liquid until something happens).
I'll bet 80% of traders didn't know what happened to CHF could happen because of Forex marketing designed to obfuscate. The proponents of no regulations sound like Republican zombie voters who enjoy GOP perversion of capitalism.... privatized profits for them and socialized losses for us.
One month ago, ONE stock option guru said in his video, "Stay away from Forex...you'll wake up one day and your entire account will be gone".
But who needs Forex...I have since moved over my entire account to Nadex where I can trade 24/7 binary options on currencies, stocks, gold, oil, grains etc...and never be subject to "bait and switch" schemes by bankers leading to a "negative" account balance ten times my initial investment.
I'll bet 80% of traders didn't know what happened to CHF could happen because of Forex marketing designed to obfuscate. The proponents of no regulations sound like Republican zombie voters who enjoy GOP perversion of capitalism.... privatized profits for them and socialized losses for us.
One month ago, ONE stock option guru said in his video, "Stay away from Forex...you'll wake up one day and your entire account will be gone".
But who needs Forex...I have since moved over my entire account to Nadex where I can trade 24/7 binary options on currencies, stocks, gold, oil, grains etc...and never be subject to "bait and switch" schemes by bankers leading to a "negative" account balance ten times my initial investment.