US level 2 market depth & what market makers actually do
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 18:06
And to be really blunt, if you're going to be managing money for clients you need to know what you're doing. Not knowing at this point - where you are advertising - what a market maker does, is unforgivable.
Sep 15, 2010 at 18:23
listen up...i have no idea how to market this shit ok...what i do is offer clients services...i opnly do it inside friends circle and for people in Dubai...i was just figuring out how to make this thing know for others....so please stop crucifying me😐
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 18:23
Not the point.
How can a market maker influence your feed? Do you know?
How can a market maker influence your feed? Do you know?
Sep 15, 2010 at 18:30
how the hell do i know that...i am not even a proper trader.....i just wanted others to talk about market depth so that people who donot know about it can understand more....there are poeple who know about this thing....so if you can share...please do
and what do you mean by my feed??
and what do you mean by my feed??
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 18:32
You shouldn't be marketing anything really. It's pretty obvious you don't have a clue what you're doing. All you're going to do is cost people money and give it to the brokers.
And that's just going to make my life harder long term as regulators move to get the likes of you out of the market.
And that's just going to make my life harder long term as regulators move to get the likes of you out of the market.
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 18:35
(bearbeitet Sep 15, 2010 at 18:38)
There is no market depth in retail fx. If you want market depth you'd have to go to Bloomberg or one of the other organizations/brokers that provides it...
Sep 15, 2010 at 18:44
i am not advertising here anymore....i just tried ok...it wont work unless i post my results here....and i am not the manager..,, i might be a screwed up advertiser...but managers are totally good traders with lots of experience in market...and i am ready to show some of our accounts for interested people....i dont fake things...but i just cant post things here because these things are in the agreement...
and stop underestimating people, its just circumstances that leave some behind 😄
and stop underestimating people, its just circumstances that leave some behind 😄
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 18:51
(bearbeitet Sep 15, 2010 at 18:55)
How can you tell if someone is a good money manager?
I don't have anything against you personally. Or your money managers. I understand that things don't go as planned always. But you do need to know what you are selling and what the implications are if it goes wrong. Liability is a huge issue. Can cost you everything you have and will ever have...
If I did what you are doing here, my fine would be about $2 000 000 US. Do you even know if you're falling fowl of your regulatory environment?
I been to the middle east. I seen the left behinds. 4 am in Jeddah is an eye opener.
If you're going to punt this - take the time to learn your craft.
I don't have anything against you personally. Or your money managers. I understand that things don't go as planned always. But you do need to know what you are selling and what the implications are if it goes wrong. Liability is a huge issue. Can cost you everything you have and will ever have...
If I did what you are doing here, my fine would be about $2 000 000 US. Do you even know if you're falling fowl of your regulatory environment?
I been to the middle east. I seen the left behinds. 4 am in Jeddah is an eye opener.
If you're going to punt this - take the time to learn your craft.
Sep 15, 2010 at 18:53
I dint say that i have access to market depth...but there are certain things that work for sure...my managers dont share it with me, coz thats what make me hire them ...coz if i knew to trade with market depth i wud have done it own my own...and please i might be inferior to your trading skills....but I can guarentee that my guys use something like that for sure, and i wanna know what it is 😈
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 18:59
(bearbeitet Sep 15, 2010 at 19:00)
You don't have the skills to evaluate your managers. They can look at camel poop and you wouldn't know the difference. Again - it's not that I think less of you, you just don't know this game. So you can't advise on it....
I can show you anything I want to. Simple matter of manipulation, so can they...ever met these people?
I can show you anything I want to. Simple matter of manipulation, so can they...ever met these people?
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 19:09
(bearbeitet Sep 15, 2010 at 19:10)
Not sure I understand what that means.
But I said my bit. I suggest you do a bit more homework and especially look into your liability if a client does lose all his money (or the account even under performs) and decides to take legal action. Can cost you everything you've ever had or will ever have...
First stop for the lawyers will be you if you were an intermediary, not the guys you're punting.
But I said my bit. I suggest you do a bit more homework and especially look into your liability if a client does lose all his money (or the account even under performs) and decides to take legal action. Can cost you everything you've ever had or will ever have...
First stop for the lawyers will be you if you were an intermediary, not the guys you're punting.
Sep 15, 2010 at 19:13
i am not advertising anymore ok...i dont want anybody from here...i left that idea long before...coz we are not able to see people face to face before we do some sorta business...As a regulator , you are doing your job... 😄 hats off
and please i am not an idiot ok....they dont chose IBs from the kindergarten , i know my business, its only that i am good when i speak directly to the person , thats all 😉
and please i am not an idiot ok....they dont chose IBs from the kindergarten , i know my business, its only that i am good when i speak directly to the person , thats all 😉
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 19:18
(bearbeitet Sep 15, 2010 at 19:25)
Errr - they actually do chose IB's from Kindergarten, anybody is welcome, the more the better.
In any other instrument but FX you have to be a registered financial adviser in most countries to do what you're trying to do. I used to be one. Have to write exams and so on, do legislated needs analysis and things before you can place money.
The FX dudes will take anyone, it's not legislated yet...
I was looking into doing a company in Dubai's financial zone, and from what I've read, you're scratching the lions balls with a short stick. Where I come from we use a long stick, gives you time to run...
In any other instrument but FX you have to be a registered financial adviser in most countries to do what you're trying to do. I used to be one. Have to write exams and so on, do legislated needs analysis and things before you can place money.
The FX dudes will take anyone, it's not legislated yet...
I was looking into doing a company in Dubai's financial zone, and from what I've read, you're scratching the lions balls with a short stick. Where I come from we use a long stick, gives you time to run...
Sep 15, 2010 at 19:30
i actually dint know that...coz they were asking my marketting plans, number of clients i can introduce, so n so...thgt they needed someone good who can bring people in.. still i dont think i am a bad one in the list, coz i dont make a client invest unless i have a proper idea about them....coz some people may only have 500$ salary and they approach me with that money....i never appreciate people to do that....coz losing one months income is gona hurt...and i am sure they will try to get it back...but people who can risk, they only keep throwing money until they find the best one....thats what i think
Btw,,, if you were an IB , you can help be out to be a better one, why dont you do something like that, coz as you said, may be i need to be more clear about things that i do 😁
Btw,,, if you were an IB , you can help be out to be a better one, why dont you do something like that, coz as you said, may be i need to be more clear about things that i do 😁
forex_trader_7
Mitglied seit Aug 01, 2009
941 Posts
Sep 15, 2010 at 21:04
(bearbeitet Sep 15, 2010 at 21:13)
I'm not an IB...
I find the whole IB thing unethical. You end up taking the client to the best remuneration for you, instead of what is best for the client. To much of a conflict of interest.
I find the whole IB thing unethical. You end up taking the client to the best remuneration for you, instead of what is best for the client. To much of a conflict of interest.
