Quoting fijitraderDislikedI had one of those chart services that supposedly combined the feed from 400 banks. It jumped around constantly. It even presented a few scalping opportunities because the pricing that FXCM was feeding me was clearly smoothed. Mostly the charts would jump a little ahead of fxcm, sometimes, behind, but occasionally they got out of line quite a bit and if I was quick I had instant profit.
I recall when I started trading futures I did not know any of the tricks brokers used. I had to phone all my trades in, had a satellite data feed that cost a lot, and even then it was 15 minute delayed quotes. Brokers could tell me whatever they wanted. I'd just place my orders and hope for the best. Option trading was a nightmare and buying calls or puts was a fast way to waste a lot of money but with limited risk.
So newbies reading this... you are in heaven with this point and click, real time quotes, and extremely limited manipulation capacity. In fact if you could find a way to piggy back the entries and exits of the really large traders you could probably make a lot of money doing just that.
FTIgnored