Disliked{quote} So true. I do have an edge, been profitable since 2010. The point I am trying to get across is simply when you are trading with a DD broker, even with an edge, you are at a major disadvantage. Their business model is for you to lose money and they control the software. I trade with an unregulated offshore broker but I trust them. Their spreads are razor thin, they earn money on my commission and I am profitable because there is no dealer intervention. I'm sure I could be as profitable at a US broker, but trading is tough enough, why would...Ignored
I tried to open an account with Tickmill which is also offshore regulated by FSA of Seychelles and has good reputation among professional traders but they declined my application since I am from Europe. I was so pissed off because my friend from Malaysia was approved but not me.