If you float it, then let the market decide.
Rgds
List of all forex liquidity providers? 34 replies
Aggregate FX Liquidity Providers DataFeed 1 reply
How Brokers and Liquidity Providers rip you off 11 replies
Public and Private Liquidity Providers 0 replies
see the ibfx post?access to all liquidity providers 18 replies
Disliked{quote} Yes but the government CAN force that grocery store to stay open even during crisis times...Ignored
DislikedBeing a successful trader means you have to take responsibility for everything that happens to your account.Ignored
Disliked{quote} Not Forexia though, he will never own up to his own mistake, he had a dreadful trade and got burned. He has been avoiding the mirror for days and would rather blame someone else, hence his tirade here since last week. On every thread he posts he keeps going on about LP's and how his loss is their fault, it was their responsibility to create an artificial market and quote him prices close to his stops. He isn't getting very far so he comes here trying to get other uninformed traders behind his useless mission. He will probably find some others...Ignored
DislikedSomebody mentioned if FX is moved to Regulated true exchange it will be BAD BAD why? and for who? Why? If Stock market is alive on a 1:1 leverage and Futures market works on 1:6 leverage then why would FX exchange work? already you have FX futures ( No wonder there are no CFDs allowed in USA) Bad for who: it will be bad for all those who only wish to speculate and the brokers/ LPs who make money on it For peopel who exchaneg hard cash for business or personal purposes there is on diff! It is fashionable to blame regulations and regulators as if...Ignored
Disliked{quote} EXACTLY my point! I am glad somebody finally caught on. And looks like I am NOT the only one who has noticed the unscrupulous dealing with us during this SNB situation: http://forexmagnates.com/banks-bucke...nc-volatility/ Truth comes out! And this makes sense because whether you realize it or not, the liquidity "providers" or "prime banks" is really the BIGGEST bucket shops for the ENTIRE forex industry or I should say the ULTIMATE bucket shops for the forex industry, not just retail...Ignored
Disliked{quote} Yes but that's not the issue. I am ALWAYS wrong on my trade and I am ALWAYS highly leveraged and I am ALWAYS facing to me unreasonable slippages and spread but that has NEVER been a problem before. The question is WHY now? Like I said before because there has ALWAYS been a MARKET, not like yesterday where a pair is completely untradable for an hour. If you look at the charts for any CHF-paris from 4:45 am to 5:45 am there was NO bars, NO candles, NO nothing, just the background of the chart. THAT is unacceptable and NOT right!!! So don't...Ignored
Disliked{quote} the only problem with LP's is not about them stopping the liquidity for 1 hour...the real issue is that first LP in a row did not inform the previous counterparty that there is a huge risk of EURCHF floor being removed and that either margins should have been increased, leverages lowered and advices on going out of the trade to the prime position taker's given...there are traders who have laced SL orders months ago prior 15/1/15 just below 1,20...why did this so called LP's did not inform retail clients about the risks for both retailers...Ignored
Disliked{quote} Forex trading won't be gone, not because of this or any other event. Retail forex is just a small piece of whole markets and it really doesn't make any difference if some people keep calling justice here. Especially because nothing wrong has happened. Somebody was on a wrong side of trade and somebody else was on a right side. It is not LP's or CB's or government or Banks who put you on the wrong side of deal. It was, well you know who it was. This kind of s... will happen in future, there you are right. Maybe in different form but these...Ignored
Disliked{quote} the only problem with LP's is not about them stopping the liquidity for 1 hour...the real issue is that first LP in a row did not inform the previous counterparty that there is a huge risk of EURCHF floor being removed and that either margins should have been increased, leverages lowered and advices on going out of the trade to the prime position taker's given...there are traders who have laced SL orders months ago prior 15/1/15 just below 1,20...why did this so called LP's did not inform retail clients about the risks for both retailers...Ignored
Disliked{quote} you probably also believe God doesn't exist and that it is irrelevant whether you are on good side or evil side...only that you are on the right side??..regulations exist for improwing Black Swan situations..better stay away this forum cause next time your account might be at stakeIgnored
Disliked{quote} I like your view about LP as BucketShops, you are relatively right about that! However, they do make money profiting from the spread (the ultimate spread! lol), so basically when you or an institutional trader or a bank or a broker buy at ask, you are buying from the LP that sell you at Ask. Then, another trader (or whatever) sell at bid, and they buy from him, at bid. Making money on each and every trade that is executed in the whole currency interbank. A pretty big business! They are also big losers however, take the eurusd for example...Ignored
Disliked{quote} the only problem with LP's is not about them stopping the liquidity for 1 hour...the real issue is that first LP in a row did not inform the previous counterparty that there is a huge risk of EURCHF floor being removed and that either margins should have been increased, leverages lowered and advices on going out of the trade to the prime position taker's given...there are traders who have laced SL orders months ago prior 15/1/15 just below 1,20...why did this so called LP's did not inform retail clients about the risks for both retailers...Ignored
Disliked{quote} Actually I don't expect liquidity "providers" to do that. They are our competitors NOT our brokers so they are really under no obligation to inform us of any positions that are taken (although they do have an unfair advantage over us retail traders in that they see all of our positions and our Stop-Loss and TP orders). Doing this is like showing your hand to your opponent in a poker game. I don't mind competing against them with what I know so when I beat them, I beat them fair and square but what I do expect however is them to follow...Ignored