- Running Stops.
- Holding a trade until it is in their favor
- Changing the spread in the middle of a trade during a quiet time.
There are probably more but these are the ones that seem to keep popping up. It sort of sounds like trying to beat a dealer at a casino. The odds are always in favor of the house.
I know,for example, that the prices in a DEMO account are different than an active account and as such the prices are more consistent in the live account.
So this brings me to my question.
You open a live account.
If, you buy one lot EUR/USD (Spread & 3 pips) Does the dealer take the other side of the trade? ie: Dealer Sells one lot EUR/USD.
I know the spread is theirs, in this example 3 pips. But, if a dealer has more than a spread at stake then it stands to reason that the dealer wants the EUR/USD to go down while you want it to go up.
What is to keep the dealer from dealing from the bottom of the deck?
It seems that a small account could get wiped out in quick time.