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Traderway spike on charts

  • #141
  • Sep 5, 2017 8:28pm Sep 5, 2017 8:28pm
Quoting hards
{quote} https://en.myfxchoice.com/
Elsewhere on the internet, I'll happily get into arguments with people over... whatever. But not here. On ForxeFactory, I've always tried to keep it on-topic, or at least "light-hearted" if we start joking around. But sad to say I haven't been able to stay quite as calm this time. Because it just feels... wrong, I guess. It feels like some people are, for whatever reason, trying their best to destroy a broker who, by all appearances, are doing their best to make things right. I really have to wonder if some of these negative commenters don't have an AGENDA beyond what they admit.
  • #142
  • Sep 5, 2017 9:15pm Sep 5, 2017 9:15pm
Shrike, Nicholishen and Forexia. 3 people who are not even customers of TradersWay who are going out of their way to badmouth TradersWay.

I think we are going to have to call "Order In the Court"
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L-Train
  • #143
  • Sep 5, 2017 11:23pm Sep 5, 2017 11:23pm
Quoting hards
{quote} https://en.myfxchoice.com/
I've actually looked at them before. While they are regulated, their spreads aren't nearly as good as Tradersway and they have similar commissions unfortunately.

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  • #144
  • Sep 5, 2017 11:39pm Sep 5, 2017 11:39pm
Quoting Tremulous
{quote} I've actually looked at them before. While they are regulated, their spreads aren't nearly as good as Tradersway and they have similar commissions unfortunately. {image}

This compnnay took over Tallinex american customers

https://capitalcitymarkets.com/about/
True Grit!
  • #145
  • Edited 12:55am Sep 6, 2017 12:27am | Edited 12:55am
Quoting Ratmach
{quote} Elsewhere on the internet, I'll happily get into arguments with people over... whatever. But not here. On ForxeFactory, I've always tried to keep it on-topic, or at least "light-hearted" if we start joking around. But sad to say I haven't been able to stay quite as calm this time. Because it just feels... wrong, I guess. It feels like some people are, for whatever reason, trying their best to destroy a broker who, by all appearances, are doing their best to make things right. I really have to wonder if some of these negative commenters don't...
I'm a software engineer and trader, and I make a living off algo-trading instead of shilling like some others ITT. I have no broker affiliations so I have no stake in this other than helping my fellow traders. All of the shills here have resorted to straw-man and ad-hominem arguments in order to avoid the real debate.

How is it possible for the MT broker server to show the quotes of bad data when you're supposedly aggregating the data feeds of multiple LPs into your ECN liquidity bridge? The answer is it can't, and that's why no other ECN broker was affected other than TW. Those rogue data spike would have been filtered out in favor of better quotes. Another topic of debate was that TW is letting traders keep their profits from this event and this is also not true. Some traders (in other private discussion groups) were arbing these spikes and TW is now denying those trades as invalid, as per their own statement, "We very much understand that this might disappoint some, but all deals after this matter has been resolved must reflect accurate and true market prices."

If this broker were doing things above board they wouldn't have had the spikes in the first place. It's interesting to see them in full-on damage control mode employing shills and going through the motions of making things right, but in the end they're still not honoring trades taken on those levels...so some people get made mostly-whole, and some don't.

mehhh... no bid deal right? Hey you know what would help answer these questions? How about some more shitty memes? /s
  • #146
  • Sep 6, 2017 12:42am Sep 6, 2017 12:42am
Quoting Nicholishen
Another topic of debate was that TW is letting traders keep their profits from this event and this is also not true.
Are they letting ALL traders keep their profits, no matter how those profits were made? I have no idea.

Let's say you had seen the spike earlier in the day, and knew that there had been a "reverse" spike like 20 minutes later. And let's say that because of that, when the second spike occurred a few hours later, you thought, "Hmm, in a few minutes this will spike the other way, so let me enter that opposite trade NOW." I admit that when I saw it, I considered doing that myself, but I didn't. Though I suspect others DID. (Is this what you mean by "arbing"?) Now if you made a profit THAT way? Yeah, I wouldn't be surprised if TW did NOT let you keep that particular profit.

On the other hand, if you already had a trade open before the first weird spike happened, and you suddenly found yourself in good profit, and you then CLOSED the trade you had already had open... would they let you keep THOSE profits? The answer is... YES. And I think the reason that answer was YES is because otherwise it would be unfair, seeing how the trader probably would NOT have closed the trade at that time had it not been for the spike, and may have lost out on later, legitimate, large moves in his/her favor.
  • #147
  • Sep 6, 2017 1:02am Sep 6, 2017 1:02am
Quoting Ratmach
{quote} Are they letting ALL traders keep their profits, no matter how those profits were made? I have no idea.
I'd be thrilled to hear they stepped up and took responsibility for their feed by honoring those trades but as of now they are not.

Your avg everyday micro-lot swing trader is going to praise the good broker man for giving his money back, but serious traders (esp algo) will consider the implications of this event and run to the exits.
  • #148
  • Edited 8:03am Sep 6, 2017 1:11am | Edited 8:03am
Quoting Nicholishen
{quote} I'm a software engineer and trader, and I make a living off algo-trading instead of shilling like some others ITT. I have no broker affiliations so I have no steak in this other than helping my fellow traders. All of the shills here have resorted to straw-man and ad-hominem arguments in order to avoid the real debate. How is it possible for MT broker server show the quotes of bad data when you're supposedly aggregating the data feeds of multiple LPs into your ECN liquidity bridge? The answer is it can't, and that's why no other ECN broker...
-EVERYBODY ALREADY KNOWS ABOUT THE TRADERSWAY EMAILS THIS IS NOT NEWS. So there is no point in you quoting the TradersWay email now.
- You did not do this earlier.
- You repeatedly made baseless claims and now you are going to the Tradersway email after you Shrike and Forexia were made to look like fools because you
kept making baseless claims.
-I am sorry if you are not some kind of person with another agenda. But unfortunately that is what you appear to be because you have repeatedly made
baseless claims. You made other claims than the one you are quoting now from the TradersWay email.
-What is more interesting to people is whether customers of TradersWay have complaints that were not resolved fairly.
There has been no customers of TradersWay who did not have their complaints resolved.
- You are not a customer of TradersWay yet you repeatedly come on this forum to attempt to make the situation look much worse than it its
- It was you who resorted to AD HOMINEM attacks so that is why we responded to you that way.
- You Shrike and Forexia kept referring to people as "Shills" and "Naive idiots" etc and kept claiming people lost money.
- After you were proven wrong you still kept coming back to the forum to make more baseless claims.
-TradersWay Customers keep calling you on every line of baseless claim you come up with.

Shrike Nicholishen and Forexia are NOT CUSTOMERS OF TRADERSWAY. Yet they repeatedly came on this forum to attack TradersWay and their customers with baseless claims and Ad hominem attacks. NOW NICHOLISHEN PRETENDS TO BE INNOCENT.

- You have failed to show me evidence that a trader lost money on the price spikes
TradersWay passed the test for their customers so you got memed. Don't pretend to be innocent in hindsight after you were forced to eat crow.
L-Train
  • #149
  • Sep 6, 2017 1:21am Sep 6, 2017 1:21am
Quoting ltrain
{quote} -EVERYBODY ALREADY KNOWS ABOUT THE TRADERSWAY EMAILS THIS IS NOT NEWS! So there is no point in you quoting the TradersWay email now. - You did not do this earlier. - You repeatedly made baseless claims and now you are going to the Tradersway email after you Shrike and Forexia were made to look like fools because you 3 kept making baseless claims. -I am sorry if you are not some kind of person with another agenda. But unfortunately that is what you appear to be because you have repeatedly made baseless claims. You made other claims than the...
Go home shill, you're drunk.
  • #150
  • Edited 6:46am Sep 6, 2017 1:48am | Edited 6:46am
Quoting Nicholishen
{quote} Go home shill, you're drunk.

HERE WE GO AGAIN PEOPLE. Notice how Nicholishen, who pretends to be innocent. Goes straight for the Ad hominem attacks.

Please try to stay on topic.

It was Shrike Nicholishen and Forexia. WHO ARE NOT CUSTOMERS OF TRADERSWAY. Who come on this forum to distract people from the topic and to insult people. THATS WHY THEY GOT MEMED. THEY WERE PROVEN WRONG AFTER TRADERSWAY HANDLED THEIR COUSTOMER COMPLAINTS.

If you are a customer of TradersWay and you come on this forum to get information. You will get repeatedly attacked, by people who are NOT CUSTOMERS OF TRADERSWAY.

SHRIKE NICHOLISHEN AND FOREXIA - Are you a customer of Tradersway? (I have proven that I am a customer)

If you are not a customer and cannot prove it then what good is your comments. People know that you can have some other agenda. You are attempting to distract from the topic.

SHRIKE NICHOLISHEN AND FOREXIA - Are you a customer of Tradersway?

Shrike Nicholishen and Forexia are NOT CUSTOMERS OF TRADERSWAY. Yet they repeatedly came on this forum to attack TradersWay and their customers with baseless claims and Ad hominem attacks. NOW NICHOLISHEN PRETENDS TO BE INNOCENT.
- You have failed to show me evidence that a trader lost money on the price spikes
TradersWay passed the test for their customers so you got memed. Don't pretend to be innocent in hindsight after you were forced to eat crow.

SHRIKE NICHOLISHEN AND FOREXIA - Are you a customer of Tradersway?
L-Train
  • #151
  • Sep 6, 2017 2:16am Sep 6, 2017 2:16am
Quoting Tremulous
{quote} I've actually looked at them before. While they are regulated, their spreads aren't nearly as good as Tradersway and they have similar commissions unfortunately. {image}
Just want to caution you on one thing. The spread that you see with an non-ECN broker like Tradersway is NOT necessarily what you are going to get. Advertised spread means nothing with these brokers; it's the ACTUAL spread that you get when your trades are actually executed that counts. No matter how tight their advertised spreads are, albeit zero or even negative, but if you get slipped 2-4 pips more each way every time when your trades are actually executed, that's your actual spreads, 4-8 pips, not the zero or negative pips that they advertise.

Everybody who trades with a non-ECN brokers, just pay more attention to slippages cuz that added onto the displayed spread is your actual spread. And you will see it will be VERY different to what they advertise and even for different platforms.
Make your losses in demo. Earn your profits live.
  • #152
  • Sep 6, 2017 2:20am Sep 6, 2017 2:20am
Quoting Nicholishen
{quote} Go home shill, you're drunk.
I don't think he's a shill. I think he's a troll. So far he's just been copying & pasting comments over and over and over again. I have already reported his comments. I just hope the admin. acts quicker to remove his comments. It's getting very annoying.
Make your losses in demo. Earn your profits live.
  • #153
  • Sep 6, 2017 2:39am Sep 6, 2017 2:39am
Quoting Forexia
{quote} Just want to caution you on one thing. The spread that you see with an non-ECN broker like Tradersway is NOT necessarily what you are going to get. Advertised spread means nothing with these brokers; it's the ACTUAL spread that you get when your trades are actually executed that counts. No matter how tight their advertised spreads are, albeit zero or even negative, but if you get slipped 2-4 pips more each way every time when your trades are actually executed, that's your actual spreads, 4-8 pips, not the zero or negative pips that they...
Okay, I can only speak for myself, but you couldn't be more wrong about the spreads at TradersWay. As I mentioned in one of my earlier comments, I nearly always have spreads of half a pip or less on EU/US and some other pairs. And I'm not just assuming because it shows that spread when I click "Sell" or "Buy" that it's gonna translate to the now-open trade... I LOOK, the second the order goes through. And yes, the spread that was listed is accurate, consistently. And as for slippage?... I have had nearly zero, other than of course during warp-speed news spikes. In fact, I have had POSITIVE slippage a few times.

So... at least from my experience at this particular broker, the advertised spreads are legit.
  • #154
  • Sep 6, 2017 2:39am Sep 6, 2017 2:39am
Quoting Forexia
{quote} Just want to caution you on one thing. The spread that you see with an non-ECN broker like Tradersway is NOT necessarily what you are going to get. Advertised spread means nothing with these brokers; it's the ACTUAL spread that you get when your trades are actually executed that counts. No matter how tight their advertised spreads are, albeit zero or even negative, but if you get slipped 2-4 pips more each way every time when your trades are actually executed, that's your actual spreads, 4-8 pips, not the zero or negative pips that they...

Actually I have noticed that spreads are consistently tight on TradersWay.
However I have other brokers offshore and the spread is not as good.
Also I think Tremulous Posted the spread comparison to FXChoice to show that it was not as good as TradersWay.
L-Train
  • #155
  • Sep 6, 2017 2:48am Sep 6, 2017 2:48am
Quoting ltrain
{quote} Actually I have noticed that spreads are consistently tight on TradersWay. However I have other brokers offshore and the spread is not as good. Also I think Tremulous Posted the spread comparison to FXChoice to show that it was not as good as TradersWay.
Yeah, on the vast majority of my trades, the total cost, spread AND commission combined, is usually around ONE PIP. Unless you have a $10K+ account with certain brokers, you can't do better than that.
  • #156
  • Sep 6, 2017 4:27am Sep 6, 2017 4:27am
Quoting Forexia
{quote} I don't think he's a shill. I think he's a troll. So far he's just been copying & pasting comments over and over and over again. I have already reported his comments. I just hope the admin. acts quicker to remove his comments. It's getting very annoying.

SHRIKE NICHOLISHEN AND FOREXIA 3 PEOPLE WHO ARE NOT EVEN CUSTOMERS OF TRADERSWAY. Making claims and then repeatedly being proven Wrong by TradersWay Customers.
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L-Train
  • #157
  • Sep 6, 2017 6:30am Sep 6, 2017 6:30am
Quoting Forexia
{quote} I don't think he's a shill. I think he's a troll. So far he's just been copying & pasting comments over and over and over again. I have already reported his comments. I just hope the admin. acts quicker to remove his comments. It's getting very annoying.
Yes, trolling/shilling. It's obvious this shill is using a hacked or purchased account to post immature troll-content with intent of inciting a flame war to effectively bury anything critical of TW pages deep into the discussion.
  • #158
  • Sep 6, 2017 8:57am Sep 6, 2017 8:57am
Quoting Nicholishen
{quote} Yes, trolling/shilling. It's obvious this shill is using a hacked or purchased account to post immature troll-content with intent of inciting a flame war to effectively bury anything critical of TW pages deep into the discussion.
Well FINALLY Itrain has been labelled as a "Commercial Member" which means he's connected to Tradersway in someway (my guess is probably a lowly introducing broker judging from the quality of his posts.) That's why he's been promoting the broker so shamelessly. Well at least the cat is out of the bag. We know who he really is and can take what he says with a grain of salt.

Cryptocurrency, MXT, Ratmach are the same I suspect.
Make your losses in demo. Earn your profits live.
  • #159
  • Sep 6, 2017 5:15pm Sep 6, 2017 5:15pm
i started to believe that this broker really a scam.. i tried a million times to close my position but i was not successfull because of off quotes... Their goddamn server responds 15 secs later.. i had to close my positions with a loss of -90$ from 110$ profit
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  • #160
  • Sep 6, 2017 5:59pm Sep 6, 2017 5:59pm
i checked if there was a problem from my VPS side and everything is fine and the latency to the broker avg 1ms.

i am uploading the other MT4 account from same broker installed on the same VPS. you can clearly see that it works fine at the same time of opening/closing the trades

Maybe i am overreacting but i am very pissed off now.. can someone informe me on this? is this usual ? But consider the amount of time i struggled to close an order for 4 (FOUR) minutes
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