Do you believe brokers hunt your stoploss

Quoting Dingoman-two

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Most registered brokers have IB contracts in place and this allows them to take a percentage of the trade that they are involved with,win or loose (from clients/just as we all are) And this is a conflict of interest in the market place and in your account,(and illegal) so if anyone of you think you are being actively traded against by your broker then contact them and in form them that you know about there IB agreements and the conflict of interest that they can produce, Ask to see it, if he/she wont show you then ask to talk to the compliance desk,...

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Quoting Aussi

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{quote} thank you for your comment

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Quoting Dingoman-two

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{quote} Cheers Aussie, Us oldies need to show the way to the young folk before they blow there accounts and never to return. Cheers Brian

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Quoting Dingoman-two

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{quote} Cheers Aussie, Us oldies need to show the way to the young folk before they blow there accounts and never to return. Cheers Brian

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Quoting DonFF

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{quote} Its Ok they have to blow the account to learn faster.

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Quoting MoneyZilla

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most brokers are B-booking the traders. so YES, they hunt the SLs, cause they see almost every deposit as their and LP's profit already... not all brokers are cunts like that, but MOST surely are. that is why i am developing systems that will require just $2,000 accounts for the weekly/monthly trading and no more than $10,000 for the daily trading. I think they will not risk their reputation for such small amounts of money, so let them enjoy sucking it from the wet end...

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Quoting ReverseFlash

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I think of course, there are bucketshop "brokers" who hunt stop-losses from -unaware "traders"-, and I know some guys who promote them: {image}

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Quoting Aussi

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{image}

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Quoting DonFF

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{quote} Pictures are useful but inaccurate The amount that unsuccessful inexperienced traders contribute are really small change as they would say since the smart traders really make money by taking advantage of the inevitable price movements driven by big companies and institutional investors. Many are still hardly aware that big manufactures buy currencies in the market to carry out regular business as anyone who travel abroad would in buying the currencies they need to spend in the touring country.

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Quoting jollypk

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If the question is about brokers hunting traders for the stop loss then i guess i haven't experienced any such with my brokers although i am trading with more than one broker for the sake of diversity.

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Quoting DonFF

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For sure they Clean People out....Welcome to the real world. This is the clear explanation why "EA systems dont seem to work" The work around is to use small account to send signal to your big account that way your stops are not as apparent even to brokers which seem to have leeway to take stops out at will. Either way we should be placing more pending orders only taking good trades. The money systems of the world is rigged....Just ask Trump and his Casino folks!

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Quoting barloc

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Here are some pictures of a broker's MT4 to think about. Yes, they are aware of everyone's SL, TP, Margin %. MM dont target your specific SL instead they target clusters of traders and if they are near Margin call...guess what they will hit margin call just before the reversal. {image} {image} {image} {image}

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