i was reading PeterFM's post about brokerage house can hunt your stops...is that legal? i mean if you place a long with 50 pips stops below, the house can manipulate the in house data feed and pocket your stop?
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Dislikedi was reading PeterFM's post about brokerage house can hunt your stops...is that legal? i mean if you place a long with 50 pips stops below, the house can manipulate the in house data feed and pocket your stop?Ignored
DislikedBrokers can manipulate prices by giving false quotes if they want, but if they do that, they will soon lose all their business. So they don't do it. Frankly they don't even need to do such things, all they need to do is provide the best trading conditions for the trader and they can still make a lot of money from trader's losses.Ignored