IMHO, the so called "retail Forex market" is no more no less than an illusion, nothing material in terms of complete real Life processes.
Have you seen those TV shows where pranks against public persons are played? Where every move the victim makes is monitored from just behind the wall and no matter what he/she tries Everything goes wrong?"That`s you in a corner" behind the screen planing the trade , the market goes your way but alas, spreads widen not reaching TP,screen frozen and revitalized when ...what a bad luck, your SL was touched with Sharp precision,no salvatory slippage here of course.This is "Forex trading" in a nut- shell. Even when ,against all odds, you manage to make some (screen) Money your account is terminated one way or Another.
The only real and straight forward process happening is your Money leaving your wallet and reaching the pockets of "brokers". The trading process stops here.
Nobody and once again, nobody can explain and prove how "leveraged Money" work in the real market as trading instrument.In best case you can call it CFD but then automatically all STP,DMA,ECN mambo-jambo become nonsens.
Currency Exchange market exists and is doing well. Big Companies buying and Selling to protect against valutary risks, banks and other abillitated institutions are generating the mythical (among "retail traders") trillion dollar market. It goes without saying that it is a 1:1 non- leveraged market.
The biggest Fraud in history is ongoing as we speak,as we are chasing the best indicators the best EAs and modern platforms.
And you know what?You can eaven trade through your cellphone now you`re only an App away.
Is retail Forex for the masses posible?Yes, it definetely and beyond any doubt, is. But not the way it is done today
Have you seen those TV shows where pranks against public persons are played? Where every move the victim makes is monitored from just behind the wall and no matter what he/she tries Everything goes wrong?"That`s you in a corner" behind the screen planing the trade , the market goes your way but alas, spreads widen not reaching TP,screen frozen and revitalized when ...what a bad luck, your SL was touched with Sharp precision,no salvatory slippage here of course.This is "Forex trading" in a nut- shell. Even when ,against all odds, you manage to make some (screen) Money your account is terminated one way or Another.
The only real and straight forward process happening is your Money leaving your wallet and reaching the pockets of "brokers". The trading process stops here.
Nobody and once again, nobody can explain and prove how "leveraged Money" work in the real market as trading instrument.In best case you can call it CFD but then automatically all STP,DMA,ECN mambo-jambo become nonsens.
Currency Exchange market exists and is doing well. Big Companies buying and Selling to protect against valutary risks, banks and other abillitated institutions are generating the mythical (among "retail traders") trillion dollar market. It goes without saying that it is a 1:1 non- leveraged market.
The biggest Fraud in history is ongoing as we speak,as we are chasing the best indicators the best EAs and modern platforms.
And you know what?You can eaven trade through your cellphone now you`re only an App away.
Is retail Forex for the masses posible?Yes, it definetely and beyond any doubt, is. But not the way it is done today