It's very easy to post negative views about people and products on the internet, especially when money is involved. It is not so compelling to make the effort to write about positive aspects when all is running smoothly, so I'm starting this thread as a positive gesture to brokers.
Without brokers where would we be as traders? Short of opening a bank with massive capital resources we would be reduced to gambling with back street bookies.
Most of the complaints I see posted in these pages are from inexperienced traders. The most common bleat is the classic one of loss at news releases. If we don't set appropriate stops, when spreads increase they can knock us out of trades at a loss. This is very frustrating when the outcome would have been profitable.
Without brokers where would we be as traders? Short of opening a bank with massive capital resources we would be reduced to gambling with back street bookies.
Most of the complaints I see posted in these pages are from inexperienced traders. The most common bleat is the classic one of loss at news releases. If we don't set appropriate stops, when spreads increase they can knock us out of trades at a loss. This is very frustrating when the outcome would have been profitable.
Gone to a better place