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interesting dilemma

  • #1
  • First Post: May 17, 2006 6:44am May 17, 2006 6:44am
I have a good strategy and it pays a good profit every month. I told it to my friends, they told it to their friends, now a few people use it and make a lot every month. The problem is, I live in a small town in a small country before me nobody in my town even heard the word forex, now they're taking a big amount from the same broker. I was wondering, does anybody think that the broker will catch up to the fact that everybody in my town is winning using the same strategy and will we have problems in the future?
  • #2
  • May 17, 2006 6:46am May 17, 2006 6:46am
Hey this comes across a little bit liek bragging to me... But as far as I know, it should not matter if your friends are making money or not since when your friends win, others are losing -- and its definitely not the broker.
  • #3
  • May 17, 2006 6:49am May 17, 2006 6:49am
Quoting Yardie
Hey this comes across a little bit liek bragging to me... But as far as I know, it should not matter if your friends are making money or not since when your friends win, others are losing -- and its definitely not the broker.
Not trying to brag, just looking for honest oppinions. What if the broker is a market maker?
  • #4
  • May 17, 2006 6:58am May 17, 2006 6:58am
No.
Capital Preservation is key to long term wealth accumulation
  • #5
  • May 17, 2006 7:03am May 17, 2006 7:03am
Why would a broker cut off a good revenue source? The broker is just going to pass through the orders if they cannot match them up internally.

So I agree with Mudd and Yardie, No.

Scott
  • #6
  • May 17, 2006 10:12am May 17, 2006 10:12am
Quoting jessieblue
I was wondering, does anybody think that the broker will catch up to the fact that everybody in my town is winning using the same strategy and will we have problems in the future?
Probably not. Even if you guys are making some money, your whole town's profits aren't the pimple on the butt of a big trader or fund. Stop hunting occurs when brokers or funds know a huge amount of orders are bunched at a price level. So, if your orders aren't bunched in with those you aren't big enough to be a presence.
  • #7
  • May 17, 2006 10:38am May 17, 2006 10:38am
I wish i had friends like you.

Regards


Quoting jessieblue
I have a good strategy and it pays a good profit every month. I told it to my friends, they told it to their friends, now a few people use it and make a lot every month. The problem is, I live in a small town in a small country before me nobody in my town even heard the word forex, now they're taking a big amount from the same broker. I was wondering, does anybody think that the broker will catch up to the fact that everybody in my town is winning using the same strategy and will we have problems in the future?
and i grow...pip by pip.......pip by pip!!!!
  • #8
  • May 17, 2006 12:05pm May 17, 2006 12:05pm
Soooo Whats the strategy?
P.I.m.P my account!
  • #9
  • May 17, 2006 12:24pm May 17, 2006 12:24pm
Quoting XROD
Soooo Whats the strategy?
Are you kidding? I told it to a few close friends and I'm paranoied, now you want me to write it on the internet?
  • #10
  • Last Post: May 17, 2006 1:49pm May 17, 2006 1:49pm
Quoting jessieblue
Are you kidding? I told it to a few close friends and I'm paranoied, now you want me to write it on the internet?
Have a profitable life, jessieblue.
and when you become 'wealthy', don't forget to share....
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