so far they've been pretty good. They actually encouraged me to withdrawal profits and go on a holiday so I didn't give it all back to the market as I have done once or twice before 
Virtual Dealer Plugin - Brokers Please read
- #84
- Jul 27, 2013 3:17pm Jul 27, 2013 3:17pm
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
{quote} Can I ask which strategy and trading style made 80%+ in a few days? {quote} thats crap... this is why there are so many whinging people on forums and review sites. my strategy doesn't work because of VDP, i got slipped during a news announcement, etc, etc.... I'd love to know what'd happen if the same crowd traded equities and got slippage on all their trades. they'd probably send an email to the exchange and complain about liquidity. get some more buyer and sellers, the slippage is too high! im going to the regulatorFact is many of...
{quote} I did scalping.
{quote} According to your scenario... Market Order: Your order may be split by say.. 500k to LMAX, 500k to Gain and 4M to Integral. Limit Order: Partial fill of 500k to Integral with the remainder staying in the L2 order book until conditions arise to fill the rest at your price. The aggregation engine does it's best to fill you at the best price available. PS. Armada and FinFX STP their orders to to a single source and their aggregation is done by a 3rd party.
Your aggregation and execution engine is the least transparent I have ever seen. Everyone knows executing large orders across multiple ECNs and hitting the banks in Integral, HotSpot, Currenex and again through Gain and the other places you've mentioned doesn't work. Its called the liquidity fallacy although this may very will be called the FXOpen fallacy in the near future.
If a bank shows 4M through a retail stream in Integral does it mean they want to execute at the same rate through Currenex or HotSpot? does this mean they really have 12M to offer to the market across all ECNs?
No of course not. To promote the fact that you have all this liquidity when it is really the same banks showing the same liquidity in different ECNs through different primes is misleading.
Not having a personal dig right now but few things grind my gears like brokers trying to pull the wool over our eyes, giving useless information about their liquidity.
And.. Armada use PrimeXM's aggregation and STP to 2 sources according the information on the website but I understand it is closer to 3 now. I know FinFX at least used to do the aggregating aggregators thing and their execution is far from great.
{quote} You would be very naïve to think that brokers do not constantly research and find new ways to get more money from their customers' accounts.
- #86
- Edited 5:22am Jul 29, 2013 4:11am | Edited 5:22am
{quote} so the strategy began to fail or your broker was so afraid of the large profits you were making they decided to do all sorts of nasty things with VDP? {quote}
If you need help to organize such workshops I can rope my dad in too
You'll get lots of clients from all walks of life from Singapore, Malaysia, Indonesia, Thailand, The Philippines, Vietnam, Hong Kong and China, rushing to attend your workshop. It'll be always full house!
{quote} The best way for you to find out is to open big accounts like you did also with Alpari UK and with any other brokers whose clients have also reported similar scenarios they encountered with their brokers during non-peek and non-news period. And if you can still make that kind of profit like you reported, also with Alpari UK and the like, you can come to Singapore to teach your secrets and you can make multiple times more than what you're making now. You'll be the GURU of gurus here. Serious! Not a joke! If you need help to organize such...
I like your style with the workshops though. I just wish the women who attended trading workshops were actually decent looking so I could really leverage off that guru status.
{quote} + 1 How do traders think spikes are fixed? Certainly not the magic fairy. A scalpel can be a very useful implement in the hands of a skilled surgeon. It can also be used by a psychotic mass murderer. Thinking of it as the latter says quite a lot about the person
{quote} Since you know so well how not to be amongst the 95% of traders you'd have no problem in setting up your own Hedge Fund company. Many rich clients would come to you.
{quote} if you can find me a good reason to increase my costs by over 100% then I'll gladly partake in your little experiment.
I like your style with the workshops though. I just wish the women who attended trading workshops were actually decent looking so I could really leverage off that guru status.
I have fun on this forum with people who take themselves too seriously and don't have a clue. I think some of the information I provide is a little useful but I have no intention of doing anything commercial or working with aspiring traders for a fee or as an IB.
true. im a big believer in not shitting where you sleep. not sure if this extends to tube8 sessions whilst trading though 
{quote} This is dangerous. Never mix business with romance. This would be suicidal.
{quote}A scalpel can be a very useful implement in the hands of a skilled surgeon. It can also be used by a psychotic mass murderer. Thinking of it as the latter says quite a lot about the person
A murderer can easily have access to a surgical scalpel or any sharp object (including any self-created object he can get a hold of) to commit murder although the original purpose of the surgical scalpel creation is for the surgeons, BUT the VDP (and all its other equivalents) that's originally created for the brokers could not be easily accessed by the traders. My dad is a programmer and he told me no algorithms would ever be added to a software just for show if it's not a requirement specified by the client. Thus, if those sneaky features have been added (irrespective of whether it was part of the original requirement or was added later), they must be actual needed requirements by the clients(the brokers). If there is no demand there is no supply.
Moreover, the scientific law of probability theory can be proven repeatedly that if all relevant influential factors are not-weighted and are based on pure chance, then the resultant graph of any findings would always result in a bell-curved shape. In FX trading, if this principle is true that traders are trading against one another globally with no invisible hands of brokers behind the scene, then the Winners/Losers graph should also result in a bell-curved shape.
So, based on this irrefutable tried-and-tested scientific theory the >95% of losers in FX trading is, no doubt, largely the result of human manipulation.
{quote} you clearly didn't read the whole thread and have thus taken his comment out of context.
Or have I misunderstood what he meant?
the rest of your post makes absolutely zero sense and forum members will be worse off having read it. great work!
- #100
- Aug 11, 2013 9:08am Aug 11, 2013 9:08am
{quote} I'll twist them when I find the time.
I dont think you understood the sit and twist comment though...
Which country are you from?