DislikedOh.. come on man.. lets not be too dramatic here
I use retail platform and still I can make consistent profit every month.. then what?
I appreciate your statement. After all.. you are right, except the 'wasting time' thing.Ignored
And tbh, consistent profit in the order of hundreds is nothing. If monthly pnl is in the tens of thousands which, as you're using a retail platform to trade news, I doubt (no disrepect intended) then you have been incredibly lucky to not been targeted and I wish you continued success.
THe ppl thinking the 'get in before the spike' trading is their road to riches in forex are the usual gullible group that these marketing wizards target. If it's not news trading, it's market timing mutual funds, or small cap ipo's etc etc .....
I'll give you an example in the equity space. Take nokia for example. You can trade the stock, the adr/gdr, the single stock futures or cfd. All bar the cfds are on an exchange ... all regulated. You can only buy/sell what pplare bidding and offering. Do you think ppl can trade before the price moves when their qr earnings reports hit the wires? OF course not. Can you do it on the cfds? Most probably yes if your broker offers nokia cfds. But cfds are otc .... and you try and take advantage of your broker due to technical inefficiences and they'll not want your business anymore.
But hey, dont take my advice .... just make sure you dont give bakc all you've made to your broker