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Three brokers diffrent spike who's lying?

  • #41
  • Nov 18, 2008 8:46pm Nov 18, 2008 8:46pm
Quoting kevinator
jjk2,I know spread is fixed and over the counter is somewhat questionable.I'll tell you last year I would have expected this but since then there has been large strides taken to legitimize the OTC forex.With the scandle of REFCO and brokers like saxobank sending emails discouraging news trading, but since then there has been substantialy more regulations...
what i dont get is...why not trade futures? other than that you can start trade with very small amount ($1~100) of trading capital....i dont really see retail forex as the optimal instrument for active trading.

there are now super mini accounts you can open with futures (need at least 1k)....they are regulated, no funny business with prices (if they try feds will be on their ass), highly liquid

trading methods is exactly same with forex, stocks...basically most people take crayons and draw lines....(not arguing this doesn't work...i just feel uncomfort....i will stop right here)....

IMHO (note the capitalized letters), i think forex is a great real experience and intro to trading but if one is to get serious, stocks, futures and options is more realistic.....
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  • #42
  • Nov 19, 2008 7:41am Nov 19, 2008 7:41am
Thank you for making my point dopey,brokers do control the what is displayed in the platform therefore it is reasonable to assume a firm with millions of dollars in operating capitol can doctor the charts at the most convenient time to produce a given effect..in this case A SPIKE THAT EXISTS ON NO OTHER PLATFORMS SHAKESPHERE.
Whom are they robbing..the unsuspecting..As I have stated before I was testing one of my developed EA's across multiple platform when I caught the mistake and the way it happend was faster than any news trade I have ever seen and believe me pal..I have seen alot.It was clear the intention as I see farther than normal traders.
For being a senior level member and saying you do not care of other traders just reveals your true level..they should rip the stripes off your jacket and demote you.What is your purpose here except to take up space and post nonsense.
They do not deserve to be taken advantage of....it's like talking to a bunch of twelve year old "I know he's bigger than you(broker) but dont let him beat you up and take your lunch money everyday little one of a thousand post's.
  • #43
  • Nov 19, 2008 8:35am Nov 19, 2008 8:35am
Quoting kevinator
A SPIKE THAT EXISTS ON NO OTHER PLATFORMS
Wrong.
Attached Image (click to enlarge)
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No need to thank me. Happy to help.
  • #44
  • Nov 19, 2008 3:16pm Nov 19, 2008 3:16pm
Quoting kevinator
Thank you for making my point dopey,brokers do control the what is displayed in the platform therefore it is reasonable to assume a firm with millions of dollars in operating capitol can doctor the charts at the most convenient time to produce a given effect..in this case A SPIKE THAT EXISTS ON NO OTHER PLATFORMS SHAKESPHERE....
another fine byproduct of forex chauvinist.
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  • #45
  • Last Post: Nov 19, 2008 6:32pm Nov 19, 2008 6:32pm
Quoting Ritpip
I am not quite sure but I believe their spreads are calculated based depending on the pair and the volatility of the market. You will also be affected by this depending on the time frame you are trading on. I just saw on another thread something I am going to implement, it is a spread filter, it helps you to avoid trades with high spreads.
I was talking about high spreads on some pairs, I know the spread being calculated based on bid/ask difference, but what about the talk there is about brokers manipulating the prices. So that’s why I will stick with my broker, since I have compared the signals on some other platforms
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