Ok everyone... I won't continue to go back and forth with you all. It's pointless to argue... I'm just letting you guys know the facts so that you can further your knowledge. My point of being here is to help and share my thoughts so you all can grow in your trading and become profitable. Please, do not take it as a diss to your trading... I am just letting you know from the "inside" how the market works... not what you've heard on broker scam websites and in these forums.
So, in saying all that, I will say again... your broker is not out to get you. They do not make an immediate profit off your losses. They make most of their profits off your spread(and they don't even make ALL the spread... most of it goes to the "bank"). They may hold a trade against you, but that's only because you are making a bad trade... you asked for it and they filled it(or they passed it off to be filled by some other "evil entity" that decided to fill your bad trade). Your stop-loss being "hunted" is the broker's liquidity provider(the broker doesn't give you prices, their liquidity provider does) having price volatility due to low volume and your increase in spreads is your broker protecting themselves from the market moving against them.
If anyone has any questions on how or why this happens, please feel free to ask. I love helping and love seeing traders prosper. But, please, the "blame game" on the broker has to stop.
So, in saying all that, I will say again... your broker is not out to get you. They do not make an immediate profit off your losses. They make most of their profits off your spread(and they don't even make ALL the spread... most of it goes to the "bank"). They may hold a trade against you, but that's only because you are making a bad trade... you asked for it and they filled it(or they passed it off to be filled by some other "evil entity" that decided to fill your bad trade). Your stop-loss being "hunted" is the broker's liquidity provider(the broker doesn't give you prices, their liquidity provider does) having price volatility due to low volume and your increase in spreads is your broker protecting themselves from the market moving against them.
If anyone has any questions on how or why this happens, please feel free to ask. I love helping and love seeing traders prosper. But, please, the "blame game" on the broker has to stop.