Hi Everybody,
I have a questions short poll I would like you to reply and take part in.
First here are a few assumptions we're using with this particular questioner/poll
The industry figures state that many traders fail (90-95percent blowup their account within 2-4 months) and will lose their cash
Market Makers such as FOREX.COM, GFT etc (NOT ECN's type hotspot, currenex or comparable ),make money when traders lose money- the quantity of money produced is based on how frequently they market their positions . complete customers positions
Some brokers use STP i.e. every order is hedged, in this case the broker just makes money of the bid/ask disperse (this is what fxcm utilizes )
My Questions- These are targeted at any traders who has some trading experience in forex and understanding on how the company work
Or any trader who has some online marketing experience
1. Would you be interested in becoming a market maker (i.e. you restrain the spread and may gain from transactions loss/volume ) when the entrance fee was around $5,000 (For margin)
2. Would you provide your solutions to your buddies (rather than them going to other brokers)
3. Do you believe that such company where you have complete control of the trading duration offered (under your manufacturer ) will be rewarding for traders?
4. Would you state that traders are more likely to trade knowing that there is a fellow traders offering him the prices afterward a MM like the above or others