DislikedWhy would they report both Dmitri and Dustin then even if that were true? The story doesn't quite add up...
By the way the word is libel.Ignored
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DislikedI notice that you never answer my questions.. just keep jumping.
So you don't know for a fact that I was responsible, you just throw words like that and let people believe it's a fact. They weren't shutdown without notice. Dustin was notified like I was notified that we're under investigation. As for Dimitri, I'm not sure how and when he was shutdown, but I know that Bloomberg was not happy with his emails and Videos saying that Bloomberg is expensive and that he beats Bloomberg performance and at the same time he's using them.
so if you don't know the facts, then shut up and leave this topic to facts. If you do, then my challenge is there, tell Dimitri and Dustin to say that I was responsible.Ignored
DislikedYou are taking his words out of context. He means that he uses multiple newsfeeds and he sometimes gets the news faster than Bloomberg. That was his intent. Which is true very often...
Both Dmitri and Dustin were shut down without warning. I have that straight from them.
Perhaps the are both lying and you are the one that is telling the truth...kind of unlikely.Ignored
Dislikedyou know what.. you have no idea what you're talking about. I didn't take words out of context. Bloomberg shut him down, not me. They reviewed the evidence, movies, emails and everything he has said and sent it to their lawyers.
I would like to believe that I have the power to do such things but I don't.
And there you go again; I'm offering one person, maybe Burger King to call my rep. (after I give her permission) and ask if I was investigated as well.
but why don't you keep hinting that I'm lying... it gives you a lot of credibility.
Facts are the only things that matter. and you don't have any. Rumors is what you have.
Here is something I know and you don't; Dustin's lawyers did send out letters threatening the persons responsible for taking him down but I never got one. I wonder why.
and to answer your question; the reason why I wasn't taken down is because coming from a software background, I read agreements before I use a software and someone's data in my own application. That's called due diligence and it comes with experience.Ignored
DislikedFacts are: you were up. Felix/Dustin were down with no warning.
That is called circumstantial evidence.
Enough said.Ignored
DislikedStockKJay, that's the rumor but not entirely accurate. The person who shut them down actually sent all of us emails that he's doing it. His problem was how Dimitri and Dustin (mostly Dustin) are mass marketing the news trading and the rumor is he had evidence that neither of them are really trading news anymore and so they depend on their service fees to make money. Don't know what the evidence is, so don't ask me. And I don't know if it's true.
So what ticked him off is that they keep mass marketing and making it impossible for him to trade news because everytime he has an edge, they give it away. In his words, "these actions have affected my family's income", whether that's true or not, I cannot know but that's his reasoning. Sadly, he's right; I see people having harder and harder time trading news;
Anyone who can do simple math would see that we would all be doing much better, if less people are made aware of news trading and news trading strategies.
The best thing that could happen to all of us is if people believe that news trading is dead. Maybe things can go back to normal or close to normal.Ignored
DislikedI agree - but one thing puzzles me - some one please enlighten me. Between yourself, Dustin and Felix, say you had a couple of hundred subscribers each (many of which are probably newbies who have no other strategy so are probably not trading huge lots), in the trillion dollar market that forex is, it's a drop in the ocean..... how are these autoclick services causing so much hassle? There must still be thousands of traders out there who are taking the wrong side of the trade for whatever reason.Ignored
Dislikedtake a look at a currenex platform during CPI or NFP for instance. You will see that you don't have trillions available at the exact moment of the release (sometimes it's even not quoted at all during 2 or 3 seconds) and if a retail broker give you a garantee to be filled that means that he loses money.Ignored
DislikedAh, OK So the question remains - what is the future of the autoclick, if they keep growing, something's gotta give.Ignored
DislikedThese "autoclick" services are laughable. The only way they work is by exploiting the delayed price feeds of retail bucketshops. As soon as these bucketshops realise what you're doing they'll put you on manual execution or close your account. Interbank market makers don't fill anyone after big news releases. They adjust their prices and then start filling people. There's no way of "beating the spike" on the Interbank market. Be realistic - the banks who provide liquidity like UBS and Deutsche Bank are both market makers and traders. You think Deutsche Bank would fill you faster than they would fill their own traders?Ignored
DislikedI agree. That's exactly what I'm saying. The "spike" is the banks adjusting the bid/ask. There's no way of "beating" the banks. Of course you can beat a retail bucketshop who has delayed price feeds but the bucketshops are there to make money, not give it away, so any success you have with that is not going to last long.Ignored
Dislikedthe good thing is most banks are not there yet. that's why we're still able to trade. but consider this.. once all banks widden the spread, a missed non-farm would still move the price by 50 pips so, it's back to normal. Liquidity is all they can do to stop but that hurts them as well, some have to unload millions and billions anyway because of their customers so they have no choice.
I don't think it can go away but just limited to the few. What you need is to find an elite when it's done.Ignored
DislikedDo you understand the way the Interbank market works? Do you understand the difference between a retail market maker (bucketshop) and an Interbank market maker?
On the Interbank market the banks set the bid/ask and they decide whether to fill you or not. Do you really think a bank would fill your order a few milliseconds before moving the bid/ask 50 pips? Of course not. They're not there to give money away.
What you're doing my friend is not trading, it's exploiting the delayed price feeds of the bucketshops. The bucketshops have nothing to do with the Interbank market.Ignored
DislikedIf you can find a way of making money from bucketshops or banks I'm all for it. "Autoclicking" is not going to make you money in the long term. I made my own "autoclick" sytem. Easy isn't it? Just subscribe to Reuters Trader, have the data imported into Excel and then write a macro using Windows API calls to click on your broker's buy or sell button based on whether the data deviates from expectations. This gets you filled with the bucketshops, until they realise what you're doing and bring an end to it. The banks on the other hand just won't accept your order - or they'll slip you. It's up to them whether or not to accept your order. Why on earth would they accept an order that would make them an immediate loss?Ignored