Dislikedwhere is the money.
ok, this may be a really newbie question, but i am wondering where the money comes from?
lets asumme that i deposit 100 usd with a ECN broker and i make those 100 dollar to 10000 usd. Who will pay me my profit off 9900 usd? Is it the brokers money or is it a several traders with other brokers who lost the 9900 usd? If yes then i asumme there must be tons of wire transaction every day from one brokker to another? Or how does it work?
And lets assume that i would open a brokerage, will i then need to have lots of millions...Ignored