How can a broker work against you?? - Page 3
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Thread: How can a broker work against you??

  1. #21
    So where's the purpose in trading? We can't simply win
    I was involved in trading just like 8 weeks and then only quitted, after who's following me told me these kind of things...

  2. #22
    In the united states, at least 69 percent of traders dropped their money during the next quarter of 2011, take a look at the sobering stats under.

    Following a year, according to ex Forex (and Futures) employees and other insiders, over 90% of traders lose money. Consider it, if after only 4 weeks almost 70% of traders are at the red, how many do you believe are still profitable after 12 full months?

    Of course they shed because they exchange with unproven, unprofitable systems and have almost zero subject, and not because some brokers do and can perform tricks .

  3. #23
    Quote Originally Posted by ;
    Of course they lose because they trade with unproven, unprofitable systems and have practically zero subject, and not because some brokers do and can play tricks .
    So is it possible to make up your mind or what? Is it the brokers or the traders?

    As I've said already a few times, this level of profitability is especially comparable to the equity markets. It doesn't have anything to do with reputable brokers and everything to do with individuals who can not trade for crap. I was among those people for years.

  4. #24
    The Information posted is not answering to my question...
    Of course 90 Percent could lose due to their discipline and other Variables, but Likely brokers are Assisting them losing

  5. #25
    This still does'nt convince me. To provide liquid trading someplace there needs to be sellers and buyers. If everyone wins, who is paying for their winnings? The prices may arise from a central source my stress is if there are more winners than losers this called Company will fail.

    This worries me as they need to pull strings someplace that there is enough loosers to be responsible for winners. It is like a casino, there is a percentage collection for winners along with a percentage for winners to earn money. This is just my guess, however if I am wrong please inform me, becuase I am starting to get paranoid with my account and these losing streaks I am having. After all we're trading on somebody's losses.

  6. #26
    Quote Originally Posted by ;
    The information posted is not answering to my question...
    Of course 90 percent could lose because of their discipline and other aspects, but probably brokers are assisting them losing
    AQs, I simply answered the topic's question: How do a broker work against you.

    I'm certainly not suggesting that traders lose just because a few brokers play tricks on them on occasion.

    Traders lose because their system has no trading edge to start with. But furthermore, they lose because they don't have any subject and virtually zero understanding of basic money management principles.

    And as a result of high leverage offered in both Forex and Futures markets, they lose much quicker compared to stock traders.

  7. #27
    The video posted here provides some tips on how broker can deceive us...
    I know about a single scalper that have A LOT of troubles trading since banks tips him... and he obtained proofs about it.
    They also kicked him in no time becase is egy was profitable...

    So again whare's the point in gambling? You can't became rich... you can't since You're an individual trader

  8. #28
    Quote Originally Posted by ;
    And due to the high leverage offered in both Forex and Futures markets, they lose much quicker than stock traders.
    Proof? Not that I expect that from you. It is just as easy for a stock trader to bet all of his cash on a short position as it's for Currency Market trader and if you plug money into losing equities, you can lose all of your money awfully quickly simply through devaluation. I have done it. What do you believe happens when you bet on a stock priced at $0.90 and see it fall like lead ball to $0.01? If you don't eat losses and exercise sound cash management, you are going to lose out in almost any market if it be futures, FX, commodities, equities or anything else.

  9. #29
    I used to be among the men and women who constantly lost cash and with three different brokers. Brokers who here will agree are ok. I could blamed it on the brokers, but I stopped trading, heard a little more from others here and in my own. I gained much discipline and cash management, endurance and exchanged with very little emotion. Now I'm profitable without greed and I am a scalper. I made the error in the past of using 80 of my margin, and it will be a no no because obviously any movement in the opposite direction will consume my place and of course I shall easily blame the broker because I will look at that the price and it'll return to where it had been and even in a profitable position had I traded with much smaller margin.

    So in the event that you trade smart, like somebody mentioned out of ridiculous spreads, then you are going to be just fine. It is too easy to expose a broker spiking a price in either way. I really don't know why they would wish to put themselves out there like that unless they know, they are in it to rob and disappear.

  10. #30
    Quote Originally Posted by ;
    if there are more winners than losers this so called Business will fail.
    Pietpip, there is no such thing as more winners than losers, brokers simply move the losers's cash to the winners and accumulate the spread (or at least this is exactly what they are supposed to do...), just like the people in charge of the Lotto simply divide the jackpot between all the winners, no matter how many winners there are.

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