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Adribaasmet
Jan 29 2019 at 12:55
899 zpráv(a,y)
togr posted:
It is the way that traders whose are profitable get their trades executed on market
Trades of the unprofitable traders are processed internally by broker and never send to market.
The broker asses who is profitable and who is not.
The problem arise at the moment when unprofitable trader makes a big profitable trade - such trade was not sent to market and thus broker has to pay it from own pocket - or refuse payment.


Unfortunately, its true! that’s the business model of market makers broker.

Lead Sense (senselead)
Jan 29 2019 at 12:59
12 zpráv(a,y)
togr posted:
It is the way that traders whose are profitable get their trades executed on market
Trades of the unprofitable traders are processed internally by broker and never send to market.
The broker asses who is profitable and who is not.
The problem arise at the moment when unprofitable trader makes a big profitable trade - such trade was not sent to market and thus broker has to pay it from own pocket - or refuse payment.


Yes, but even traders that are profitable and the Broker has someone to cancel him out, even that trades are not send to the market..
So Banks never know and that trades never affect the market price!

In other words, only institutional traders, that trade very big amounts directly with the banks, their trades affect always the price!
Even then if one institutional trader does 100 lot BUY EURUSD and another institutional trader does 100 lot SELL EURUSD, guess what, the banks from mister Rothchild family gets commission/spread of 200 lot and have ZERO risk, because if one win he just takes the money from the loser and gives the winner without commission/spread of course!

Even if there is just one big institutional trader BUY 100 lot EURUSD and no one else trades, price goes down and he loses..

Their game is easy, risk free, legal and makes a few MILLIONS PER DAY!

I am a programmer, doing software for Brokers, if you have more questions let me know!
If you want to make profit and take money from the banks, choose a regulated and trust worthy Broker that sends trades to the bank, and stay under the 'radar'...

Price is King, Volume is Queen, all the rest are just story tellers!
Ansel
Jan 30 2019 at 10:55
10 zpráv(a,y)
Aren't ECN brokers all sending orders straight to the market. They should all be safe to use right?

vontogr (togr)
Jan 30 2019 at 11:52
4862 zpráv(a,y)
Ansel posted:
Aren't ECN brokers all sending orders straight to the market. They should all be safe to use right?


Even ECN brokers have A and B books.

mohasasa
Jan 30 2019 at 13:01
11 zpráv(a,y)
senselead posted:
mohasasa posted:
senselead posted:

Hello Mohasasa,

....... if the banks don't have someone to cancel trades out, guess what, they change price on the opposite side and makes money no matter what.

And you know what's the best? They don't need to explain no one why price changed opposite direction!

......


- I didn't know that, I thought LP hates this broker, cause he brings a lot of toxic flow into his plate and may be in the future the LP is going to cut his relation with this broker and no longer do business with this broker.

+ Thank you for taking the time to enlighten us.

mohasasa
Jan 30 2019 at 13:03
11 zpráv(a,y)
Ansel posted:
Aren't ECN brokers all sending orders straight to the market. They should all be safe to use right?


- You will know your broker when he process for you a big profit withdrawal. Then he is a good broker and vice versa.

Lead Sense (senselead)
Jan 30 2019 at 14:46
12 zpráv(a,y)
Ansel posted:
Aren't ECN brokers all sending orders straight to the market. They should all be safe to use right?


You should read this article:
https://www.financemagnates.com/forex/technology/market-making-stp-and-ecn-what-they-are-pros-and-cons/

Price is King, Volume is Queen, all the rest are just story tellers!
jamesgwyther
Jan 31 2019 at 07:32
289 zpráv(a,y)
DO they have to tell you?

mohasasa
Jan 31 2019 at 10:52
11 zpráv(a,y)
jamesgwyther posted:
DO they have to tell you?


- have to tell you what?

Adribaasmet
Jan 31 2019 at 12:24
899 zpráv(a,y)
mohasasa posted:
Ansel posted:
Aren't ECN brokers all sending orders straight to the market. They should all be safe to use right?


- You will know your broker when he process for you a big profit withdrawal. Then he is a good broker and vice versa.


Absolutely true; basically brokers don’t make any issue during the small withdrawals; and we see the real image during the big withdrawals.

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