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  • #246,641
  • May 22, 2010 11:20pm May 22, 2010 11:20pm
Quoting cheagil
my god. we are at their mercy?
is there any really honest broker around?
NO
Pip what you see; See what you pip!
  • #246,642
  • May 22, 2010 11:33pm May 22, 2010 11:33pm
The site looks like a generic template. If I wasn't polite, I'd say it looks like it's been designed by some retarded 15 year old.

The contact info has a bunch of yahoo and live.ru email addresses. No mailing address. No physical office to find.

The WHOIS database shows:

Registrant Name:Alexey Smirnov
Registrant Organization:Straighthold Investment Group, Inc.
Registrant Street1:306 Victoria House
Registrant Street2:
Registrant Street3:
Registrant City:Victoria
Registrant State/Province:Mahe
Registrant Postal Code:036925
Registrant Country:SC
Registrant Phone:+7.4012702875
Registrant Phone Ext.:
Registrant FAX:+7.4012702876

So send your money! Call Alexey in Mahe, Seychelles (No folks, SC doesn't stand for only South Carolina). If you don't hear from him, email him on his hotmail...err sorry, "live" email address or Yahoo.

That fucking reeks of legitimacy right there!
Not all sins are created equal
  • #246,643
  • May 22, 2010 11:34pm May 22, 2010 11:34pm
Quoting SeerEye
JW - be nice with your shenanagins - most are very impressionable on this thread - (though the ole' "to gap or not to gap" makes for good reading before brokers open). Got Mrs. Seer gettin' more popcorn and soda at the store for the show.

Seer
Impressionable! Wow!

I'm impressed to see that some are still impressionable. Oh well! I must be getting old and cynical.

I got plenty of popcorn and free pr0n for the masses.
Not all sins are created equal
  • #246,644
  • May 22, 2010 11:35pm May 22, 2010 11:35pm
Quoting SeerEye
NO
Now come on! Some of them will kiss you first
Not all sins are created equal
  • #246,645
  • May 22, 2010 11:47pm May 22, 2010 11:47pm
Quoting Jay Walker
Now come on! Some of them will kiss you first

frightening - utterly frightening. Some pseudo- phantom broker in the Seychelles with the last name of Smirnov wanting to kiss me for my money. -------I........... don't think so - that's yucky.
Pip what you see; See what you pip!
  • #246,646
  • May 22, 2010 11:54pm May 22, 2010 11:54pm
Quoting SeerEye
frightening - utterly frightening. Some pseudo- phantom broker in the Seychelles with the last name of Smirnov wanting to kiss me for my money. -------I........... don't think so - that's yucky.
Maybe it happens in Seychelles too?

http://verydemotivational.files.word...6557793714.jpg
Not all sins are created equal
  • #246,647
  • May 23, 2010 12:06am May 23, 2010 12:06am
Quoting SeerEye
NO
Do you mean all market makers or also ECNs? Where would you trad then?
  • #246,648
  • May 23, 2010 12:58am May 23, 2010 12:58am
Quoting knuckledrag
From a "psychological" point of view yes you need to become part of the market.
As a spot trader your not even a pimple on the a$$ of the market movers. Your broker hedges their net exposure (that's us and all our buddies). We have no effect on the market. Unless your buying T-bills you really are in the stands watching a cock fight. That doesn't mean you can't make an educated guess as to which side is stronger but its really a gamble no matter witch side you take.
Investing is different--- With...
Profit in forex requires risk. Agree. Risk=gambling. Don't agree.
look, everything is based on probabilities, at least mathematically. the point is that in financial markets you can make a series of bets, treating the market as the house, and gamble against the house, = gambling,
or you can make a series of investments, treating the market as an exchange where you buy or sell the commodity and make a profit based on the flow of information affecting the price of the commodity you buy or sell, = speculation.
the point is if you treat it like gambling, then you are playing aginst the house = you lose
if you're in the frame of mind of speculation, you treat it as achievable, measurable results, based on measurable risk parameters, and measurable variables (fundamentals, chart patterns, news, time of day, time of week, time of month,time of year, supply/demand, etc). knowing the market = business of making gains=you win.
speculation by its inherent nature means the risks are greater, much greater. Traders would do well to realise they are taking on an inherently risky business when they decide to invest their hard earned money. in that sense no wonder the forex market appears like one big gambling place.
as for your small trade not affecting the market. don't agree also, sorry. many trades, big, trades, are triggered by just a fraction of a tick. it only takes a small trade to tip the scale. butterfly effect in a sense, incorporated into chaos theory. look at a chart for free space above and below adn see how the market moves as an exaple.
From my own experience for example in stock trading, my relatively small trades, meaning several thousands of pounds, has moved the price appreciably, very appreciably, now imagine 400:1 levrageed in forex like many use.
  • #246,649
  • May 23, 2010 4:10am May 23, 2010 4:10am
TRADING RULE Nr. 1


if you ever make profits on your account bring your money

Home into the Empire


and only trade with casino money. As soon as possible!

This will prevent you from very big disappointments.
  • #246,650
  • May 23, 2010 4:24am May 23, 2010 4:24am
Quoting Atlast
Profit in forex requires risk. Agree. Risk=gambling. Don't agree.
look, everything is based on probabilities, at least mathematically. the point is that in financial markets you can make a series of bets, treating the market as the house, and gamble against the house, = gambling,
or you can make a series of investments, treating the market as an exchange where you buy or sell the commodity and make a profit based on the flow of information affecting the price of the commodity you buy or sell, = speculation.
the point is if you treat it like gambling,...
Stock trading and forex OTC are two different animals. When trading though a broker your position is hedged to bring your brokers net liability to zero. Your broker is suppose to keep a zero risk portfolio, meaning your not effecting the market.
Yes their are some brokers that don't. Most of them are found in BFE with suspicious yahoo email accounts for contacts. They will sooner or later go out of business. All of the reputable brokers live off the spread you pay.

I understand your point as far as "gambling vs investing" as a mind set. My point is simply that OTC forex fits the definition of gambling. some people have a hard time admitting they gamble. The trueth is most things you do in a free sociaty can be defind as a gamble. Anything you have the potential to lose at is a gamble.
  • #246,651
  • May 23, 2010 5:48am May 23, 2010 5:48am
Quoting mokonni
TRADING RULE Nr. 1

if you ever make profits on your account bring your money
Home into the Empire
and only trade with casino money. As soon as possible!
This will prevent you from very big disappointments.
I don't know unless you are maniac trader, then maybe. For me

don't matter how much money is on the account I always trade with

the same size..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #246,652
  • May 23, 2010 6:00am May 23, 2010 6:00am
Quoting cheagil
come on liteforex. if ur budget is strained to pay ur clients, dont ever do this type of stop lost hunting. it becomes too obvious.
imagine, ur hunting expedition goes beyond the lowest quoted eu rate for the day... how many bulls were killed?
I dont see this in fxopen n fxpro. If it happened to several brokers, maybe the owners is the same person. Maybe....
Great Bodies are Engineered not Born
  • #246,653
  • May 23, 2010 6:17am May 23, 2010 6:17am
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  • #246,654
  • May 23, 2010 6:19am May 23, 2010 6:19am
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  • #246,655
  • May 23, 2010 6:22am May 23, 2010 6:22am
what did my cat just leave in the kitchen ?
  • #246,656
  • May 23, 2010 6:30am May 23, 2010 6:30am
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  • #246,657
  • May 23, 2010 6:36am May 23, 2010 6:36am
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  • #246,658
  • May 23, 2010 6:51am May 23, 2010 6:51am
Quoting pikeliver
Attachment
My H4 and D1 charts shows the opposite
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  • #246,659
  • May 23, 2010 7:01am May 23, 2010 7:01am
Quoting DudeSepii
My H4 and D1 charts shows the opposite
Not opposite but out of 3 drives here finished only 2 & 1 still to do in H4 and after the 3 a drive down may make only 1 drive in daily.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #246,660
  • May 23, 2010 7:06am May 23, 2010 7:06am
EU is not free trading currency anymore.. It might drop a bit,

but if anything major, then ECB will pump it back up again..

Personally I prefer the Range, make money both ways..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
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