DislikedDidn't know the "everybody's doing it" was a valid excuse for dishonesty...and to just bend over and take with out even a mild response. If you know its happening don't you have some responsibility to at least say something?Ignored
You are totally right Stradlink....
We have a responsibility to trade properly and correct things that are wrong with our trading...
We are accountable for bad trading, bad internet links at our end, bad OS on our computers or trying to use irresponsible programmed software (in our EAs).
The broker should be accountable for its trading, its internet link, its OS, and its software.
I am NOT going to be some bent over prison babe, who says you can have me the way that you want.....
I will speak up....
I will be responsible...
I will inform the authorities...
I will expect positive outcomes....
I will promote others to do the same....
Brokers MUST trade honestly and on a level playing field...
So if the dealing desk has this boston technology software (or anything similar) they are effectively manipulating the price and deilberately profiting by not honouring what you clicked, they should be charged with stealing or fraud. Hence what this software is doing could be more easily called stealing or fraud. Moving the price against you in order for them to benefit, instead of what you click is what you get should be made illegal and therefore software like this should also be made illegal. However, an individual trader would never be able to tell and therefore this is an area that I would happily suggest should be regulated.
Hence I believe making formal complaints to the appropriate authorities about the software is a necessity. Because MT4 are doing it and have been for some time (version 3.16 of the software), this would mean that other software vendors for trading platforms are probably or have developed there own versions. It needs to be stopped and the only power we have is to complain on mass to the appropriate authorities.
See this post for the appropriate links.
http://www.forexfactory.com/showpost.php?p=2690339&postcount=395